Sundaram Tax Saver Applcation Form

Sunday, December 23, 2012 by Indian Real Estate News

https://sites.google.com/site/mutualfundapplications/tax-saving-mutual-funds-elss

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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