SUNDARAM BNP Paribas Mutual Fund has announced the launch of Sundaram BNP Paribas PSU Opportunities fund. The investment objective of this thematic fund is to seek capital appreciation by investing primarily in the equity and equity-related instruments of PSU companies across the cap curve and sectors. This is an openended equity scheme, with CNX PSE Index as its benchmark. The issue of units is at Rs 10 each during the New Fund Offer period (between November 25, 2009, and December 23, 2009).
https://sites.google.com/site/mutualfundapplications/tax-saving-mutual-funds-elss Investment Details Basics Min Investment (Rs) 500 Subsequent Investment (Rs) 500 Min Withdrawal (Rs) -- Min Balance -- Pricing Method Forward Purchase Cut-off Time (hrs) 15 Redemption Cut-off Time (hrs) 15 Redemption Time (days) -- Lock-in 1095 days Cheque Writing -- Systematic Investment Plan SIP Yes Initial Investment (Rs) -- Additional Investment (Rs) 500 No of Cheques 12 Note Monthly investment of Rs 1000 for 6 months and quarterly investment of Rs 1500 for 4 quarters.