Sundaram Mutual Launches Business Cycle Fund

Sundaram Mutual has introduced the Sundaram Business Cycle Fund, an open-ended equity scheme optimized for business cycle-based investing. The fund will allocate a major portion to equity and related instruments, offering investors exposure to key transformational themes. The New Fund Offer is open for subscription until June 19, reopening on July 1.

Sundaram Mutual has rolled out its Sundaram Business Cycle Fund, an open-ended equity scheme centered around a business cycle-based investment strategy, the company announced on Wednesday.

The fund will allocate a minimum of 80% to equity and related instruments driven by business cycles, leaving 0-20% for other equity and related assets.

According to Sundaram Mutual CEO Anand Radhakrishnan, the Sundaram Business Cycle Fund will diversify its investments across 35-45 stocks spanning various sectors and market capitalizations. This benchmark-agnostic approach aims to leverage high-potential opportunities in key themes.

Radhakrishnan emphasized that the dynamic nature of the fund mitigates allocation risk, providing investors focused exposure to favorable themes and the opportunity to capitalize on transformational trends shaping the future.

The New Fund Offer is open for subscription starting today until June 19, with resubscription and redemption commencing from July 1, according to the company.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)