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Sundaram MF Launches Fixed Term Plan

Sundaram Mutual Fund has launched Fixed Term Plan. The New Fund Offer opens from February 15,2006 and closes on February 21,2006. The scheme offers five maturity plans viz. Series I with 100 days maturity, Series II with 200 days maturity, Series III with 400 days maturity, Series IV with 500 days maturity and Series V with 800 days maturity. The minimum investment amount under the scheme is Rs. 5000. It would benchmark its performance against CRISIL Liquid Fund Index for Plan Series I and II and CRISIL Composite Bond Index for Series III, IV and V.