Sundaram Mutual Fund files draft document for Multi Asset Allocation Fund

Sundaram Mutual Fund has filed a draft document for Sundaram Multi Asset Allocation Fund. The scheme will be an open-ended scheme investing in equity, debt and money market instruments, and commodity ETFs.

The scheme will be benchmarked against NIFTY 500 TRI (65%) + NIFTY Short Duration Debt Index (10%) + Domestic Price of Gold (25%).

The fund will be managed by Rohit Seksaria and S Bharath (equity investments), Dwijendra Srivastava and Sandeep Agarwal (debt investments) and Arjun Nagarajan (commodities investments).


According to the scheme information document, the investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity related securities, debt and money market instruments and commodity ETFs.

The scheme will have direct and regular plans with both growth and IDCW options.

The scheme will allocate 65-80% of its assets to equity and equity related instruments, 10-25% assets to debt and money market securities, and 10-25% assets to commodity ETFs any other mode of investment in commodities.

The minimum application amount will be Rs 100 and multiples of Re 1 thereafter. The minimum instalment for monthly SIP will be Rs 100 with six instalments. The minimum instalment for quarterly SIP will be Rs 750 with minimum six instalments.

The scheme will be suitable for investors who are seeking long-term capital growth. The principal invested in the scheme will be at very high risk as per the riskometer of the scheme.