Sundaram flexi cap fund to close for subscription today: Key things to know

The minimum application amount for both regular and direct plan is Rs 100, and in multiples of Re 1 thereafter for each application. For systematic investment plans (SIPs), the figures are Rs 100 (monthly), Rs 750 (quarterly), and Rs 1,000 (weekly).

There is no entry load and exit load is nil for up to 25 percent of the units if they are redeemed, withdrawn by way of systematic withdrawal plan (SWP), or transferred by way of systematic transfer plan (STP) before 365 days of allotment.

There is no exit load after 365 days of the allotment.

The benchmark of the fund has been pegged to Nifty 500 TRI.

According to Sundaram Mutual Fund, the flexi-cap fund is suitable for investors who are seeking capital appreciation over the long term, and want to invest in a dynamic mix of equity and equity-related instruments across large-, mid-, and small-cap stocks.

According to Sunil Subramaniam, managing director, Sundaram Mutual, flexi-cap funds have the potential to outperform over market cycles and allow investors to stay invested in the best cap curves, sectors and stocks across all market scenarios.

"Hence, investors can chase the markets and may or may not make the right call for their portfolio. By investing in a flexi-cap, they leave the decision to the experts, allow for greater diversification, and can relax while the fund manager optimises opportunities for them", he said.