1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

sundaram Equity Plus

Discussion in 'Mutual Funds' started by saju_abraham, May 22, 2012.

Tags:
  1. saju_abraham

    saju_abraham New Member

    Joined:
    May 1, 2012
    Messages:
    12
    Likes Received:
    1
    Dear Sirs,

    I would like to have your view about investing in Sundaram equity Plus as its having a tilt towards large cap stocks plus gold. I am looking for a 5 year sip in
    this... Could you suggest.

    your comments will be highly appreciated.
     
    saju_abraham, May 22, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    Should be a good choice of fund because it focuses on opportunities in Indian equities along with gold ETF's to provide diversification and exposure to the relative attractiveness of gold in certain phases.

    Point to note is it invests in Equity 65% to 85% and commodities or rather gold in 15% to 35% and so it always has 15% exposure to gold.

    It is still not a year old fund and so returns are not very much conclusive but 3 month return on this fund is ~10% which is inline with what Sensex returns is.
     
    shabbir, May 23, 2012
    Share #2