By Investing Achieve Income With Minimum Volatility - June 10, 2008

Sundaram BNP Paribas MF is looking at rolling out a new scheme called Sundaram BNP Paribas Fixed Term Plan 90 Days Series 11-14 and it is a close-ended income scheme with 90 days maturity comprising 4 series 11-14.

The objective of this scheme would be to achieve income with minimum volatility by investing in a portfolio of fixed-income securities. The scheme offers two options - retail option and institutional option with growth and dividend option. The dividend option offers dividend reinvestment facility. The minimum investment for retail plan is Rs. 5,000 and in multiples of Re.1 thereafter. The minimum investment for institutional plan will be Rs. 1 crore and in multiples of Re.1 thereafter.

Sundaram BNP Paribus MF Launches Select Thematic Funds Entertainment Opportunities

Sundaram BNP Paribus Mutual Fund launched Sundaram BNP Paribas Select Select Thematic Funds Entertainment Opportunities. The objective of the scheme would be to achieve long term capital appreciation by investing primarily in the equity and equity related instruments of companies that focus on opportunities in the entertainment business. As a thematic fund, the portfolio will be more diversified than a sector fund and may not be as diversified as a typical equity fund.

Sundaram BNP Paribus MF launches Select Thematic Funds Entertainment Opportunities

Name of Fund: Sundaram BNP Paribas Select Select Thematic Funds Entertainment Opportunities

Scheme: It is an open-ended equity scheme.

Objective: The objective of the scheme would be to achieve long term capital appreciation by investing primarily in the equity and equity related instruments of companies that focus on opportunities in the entertainment business. As a thematic fund, the portfolio will be more diversified than a sector fund and may not be as diversified as a typical equity fund.

Fund Opens: 24 April 2008

Fund Closes: 20 May 2008

Face Value: Rs 10

Investment Options: The fund offers two plans - regular and institutional plan. The scheme offers two options i.e. growth and dividend options under each plan. The dividend option offers dividend payout and dividend re-investment facilities.

Asset Allocation: The fund will invest 65-100% in equity and equity related instruments in the targeted sector/theme. It will have a 0-35% investment in equity and equity-related instruments other than the targeted sector/theme. There will be 0-15% investment in fixed income and money market instruments. Equity investments may also include overseas securities, up to a maximum of 35% of net assets of the scheme.

Entry Load: For regular plan, the scheme will charge an entry load of 2.25% for purchases amount of less than Rs 5 crore. For purchases amount greater than or equal to Rs 5 crore, there will no entry load be charged.

The scheme may not charge any entry load for institutional plan.

Exit Load: For regular plan, the scheme will charge an exit load of 1.00% for the investment redeemed within 6 months from the date of allotment. If investment units get redeemed after 6 months but before 12 months, there will be 0.50% an exit load charged. After 12 months, any redemption will not charge an exit load.

The scheme may not charge any exit load under institutional plan.

Minimum Investment Amount: Minimum investment amount under regular plan is Rs 5,000 and in multiples of Re 1 thereafter. Under institutional plan, minimum investment amount is Rs. 5 crore and in multiples of Re.1 thereafter

Minimum targeted amount: Rs.25 crore.

Benchmark Index: S&P CNX Media and Entertainment Index.

Fund Manager: For Indian securities: Satish Ramanathan and for overseas securities: R Vijayendiran

Sundaram BNP Paribas MF Plans To Float New Scheme

Sundaram BNP Paribas Mutual Fund is planning to launch its Sundaram BNP Paribas Select Thematic Funds-Entertainment Opportunities in April 2008. The three-year closed ended equity scheme will become an open-ended scheme on maturity. The scheme will invest at least 65% of its corpus in shares of entertainment companies, and upto 35% in other sectors.

Sundaram BNP Paribas MF Files An Offer Document

Sundaram BNP Paribas Mutual Fund files an offer document to launch Select Thematic Funds Financial Services Opportunities. The objective of the scheme is to seek capital appreciation by investing in equity and equity related instruments in the domestic and overseas markets. The fund will invest 65-100% in equity and equity related instruments relevant to the theme. It will have a 0-35% investment in equity and equity-related instruments outside of the theme. There will be 0-15% investment in treasury bills, CBLO, reverse repo. Equity investments may also include overseas securities, up to a maximum of 35% of net assets of the scheme.