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New fund offering of Sundaram Equity Fund garners Rs 358 crore

The fund is a multi-cap product, which will re-open for subscription on September 16

Jash Kriplani  |  Mumbai 

Even though the equity market was opened up for foreign investors immediately after the early 1990s, the norms for foreign investment in debt were released in 1995 and in 1997, Rs 29 crore trickled in

The new fund offering of Sundaram Equity Fund, which was open for subscription between August 16 and August 30, raised Rs 358 crore.

The fund is a multi-cap product, which will re-open for subscription on September 16.

The fund will be managed by S Krishnkumar, chief investment officer of Sundaram Mutual Fund, along with Fund Manager S Bharath.

First Published: Wed, September 11 2019. 23:19 IST
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