Select Micro Cap-Series I, a five-year closed equity fund has been launched by Sundaram Mutual Fund. The scheme would be listed on the NSE and is benchmarked against the S&P BSE Small Cap Index. The scheme would invest at least 65 per cent in equity. There are opportunities to invest in all market conditions and Sundaram Mutual is known for unearthing these opportunities, the company said.
Sundaram Select Micro Cap is timed perfectly. There is deep value hidden, in India, among small- and micro-cap space and with the company’s research-based approach it is ideally positioned to unearth these stocks for its investors.
Sundaram Select Micro Cap is intended as a wealth-building tool for investors, the company said.