Sundaram Mutual is entering SIF space with the Select Equity Ex-Top 100 Long Short Fund, an open-ended equity investment strategy investing in equity and equity related instruments with the flexibility to include limited short exposure in equity through derivative instruments of Ex - Top 100 stocks.
The new fund offer or NFO of the fund is open for subscription and will close on November 4. The investment universe of this SIF - Select Equity Ex-Top 100 Long Short Fund would comprise of companies ranked 101st–750th by market capitalization predominantly high growth mid and small cap companies.
