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Sunday, December 23, 2012

Sundaram Tax Saver Applcation Form

 
 
 
Investment Details
Basics
Min Investment (Rs) 500
Subsequent Investment (Rs) 500
Min Withdrawal (Rs) 500
Min Balance (Rs) 500
Pricing Method Forward
Purchase Cut-off Time (hrs) 15
Redemption Cut-off Time (hrs) 15
Redemption Time (days) 3
Lock-in 1095 days
Cheque Writing --
Systematic Investment Plan
SIP Yes
Initial Investment (Rs) 500
Additional Investment (Rs) 250
No of Cheques 6
Note
For Quarterly SIP, minimum amount of Rs. 750 is required.


Systematic Withdrawal Plan
Initial Investment (Rs) --
Min SWP withdrawal (Rs) --

 

 

 

Aim:
Without no market cap or sector bias, investment will be in companies that have a superior growth potential and sound business model

Performance Driver:
Aggressive stance, though now more diversified with a higher large-cap exposure

Why Invest?
It has bouts of chart-topping performances and at other times does beat the category average

Flipside:
The fund has seen a turnaround in performance only from 2007 and doesn't protect the downside well

Invest if:
You are willing to get aggressive on equity while taking the tax benefit

 

 

 

 

 

 

 

 

Transfers
Swap Yes
Note
The inter-schmes transfers take place at the prevailing sale price.
Switch Over Cut-off Time 15
STP Yes

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