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Sundaram Mutual launches Select Micro Cap-Series I

Sundaram Mutual launches Select Micro Cap-Series I

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.

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GMR Airports gets breather

GMR Airports gets breather

Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.