Diversifying horizons: Sundaram mutual fund launches new multi-asset fund with gold punch
A powerful new offering that blends the best of equities, debt, and gold for maximum impact.
Worried about market volatility eroding your long-term growth? Introducing the Sundaram Multi Asset Allocation Fund (SMAAF), the innovative solution from Sundaram Mutual Fund. This open-ended scheme synergizes the best of equities, debt, and Gold ETFs to shield your portfolio from choppy waters and propel you towards sustained capital appreciation. Forget one-dimensional strategies, SMAAF offers a diversified haven for your long-term financial goals.
Why play it safe when you can play it smart?
Sundaram Mutual Fund has launched the Sundaram Multi Asset Allocation Fund, an open-ended scheme that aims to generate long-term capital appreciation by investing in equity, debt, money market instruments, and Gold ETFs. The fund will invest a minimum of 65 per cent in equity and can invest 10-25 per cent each in Gold ETFs and fixed-income instruments, providing investors with equity taxation benefits.
The fund adds a third asset class, commodity ETFs, specifically Gold, as Gold is viewed by large institutional investors as a safe harbour during extreme economic and political situations. Gold often performs better by either delivering positive or less negative returns, acting as a shock absorber. This low or negative correlation between Gold and Equity makes them an ideal blend for delivering superior risk-adjusted returns to the combined portfolio.
Expert navigation at your helm
SMAAF isn't just a vehicle; it's a captain and crew expertly managing your financial voyage. With seasoned veterans like Rohit Seksaria and S Bharath at the helm for equities, Dwijendra Srivastava and Sandeep Agarwal steering the debt waters, and Arjun Nagarajan navigating the gold terrain, your investment is in the best hands.
The NFO window opens on January 5, 2024, and closes on January 19th, offering a limited-time opportunity to set sail with SMAAF. Remember, mutual fund investments are subject to market risks, so read the scheme documents carefully before diving in. But with SMAAF's diversified approach and expert guidance, your financial future looks as bright as a sunlit horizon.
Sundaram Asset Management Company, a leading fund management firm, manages assets worth over Rs 67,000 crore as of December 31, 2023. With a retail focus and 81 branches, it offers a range of equity, hybrid, and fixed-income funds to cater to diverse investor preferences.
So, are you ready to chart a course toward long-term capital growth with the Sundaram Multi Asset Allocation Fund? Climb aboard and let SMAAF guide you to smoother financial sailing.
Disclaimer: The article is for informational purposes only and not an investment advice.