Sundaram Balanced Advantage Fund NFO Details

The Sundaram Mutual Fund launched a new fund offer. The NFO is Sundaram Balanced Advantage Fund. The subscription period of NFO will start on 14th Feb and it will end on 28th Feb 2020. The fund will re-open on 12th March.
It was an open-ended dynamic asset allocation fund. The benchmark of this NFO is the ‘CRISIL Hybrid 50%+50% Moderate Index’. This scheme will be available in both the direct plan and the regular plan. Initially, the face value of the scheme is Rs 10 per each unit
Entry load and exit load:
There is a nil entry load for this new fund offer.
The exit load, If the investor already purchased some of the units in another scheme of the same fund then
For nearly 10% of such units – Nil
For more than 10% of such units – 1% of NAV applicable.

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