Sundaram BNP Paribas Mutual Fund has come out with a capital-protection fund with a slight difference, that it will offer only the growth option.
Name of Fund: Sundaram BNP Paribas Capital Protection Oriented Fund
Scheme: Closed-end, Hybrid Debt Oriented Scheme with capital protection feature
Plans: 3 Year and 5 Year
Objective: The scheme would endeavor to protect the capital by investing in high quality fixed income securities and generate capital appreciation by investing a part of the assets in equity and equity related instruments.
3 Year: The fund would invest 78 to 100% in fixed income securities including money market instruments and 0 to 22 % in equity and equity related instruments.
5 Year: The fund would invest 68 to 100% in fixed - income securities including money market instruments and 0 to 32 % in equity and equity related instruments.
Fund Opens: July 9, 2007
Fund Closes: August 7, 2007
3 Year: 7th August, 2010
5 Year: 6th August, 2012
Face Value: Rs. 10
Investment Options: Growth
Minimum Investment Amount: Rs 5, 000
Benchmark Index: Crisil MIP Blended Index
Fund Manager: Rahul Pal and S. Krishna Kumar
Performance delivered by funds of same peer group: