Sundaram Bluechip Fund is coming-out with an NFO and the scheme is opened from Sept 18 to Sep 30. This fund will invest pre-dominantly in large cap equities. The large cap stocks would essentially mean the top 100 stocks by market capitalization.
Should you invest in the Sundaram Bluechip Fund?
Largecap stocks have consistently generated returns of 11 per cent,
An annuity provides the assurance that you will receive a fixed amount of money each month from the time you retire till the rest of your life. The insurer takes the risk of ensuring your money lasts as long as you live. Annuity plans, including deferred annuity plans, also help you lock your interest rate, eliminating reinvestment risk.
There have been mixed factors being leading to high volatility in the precious yellow metal and after the latest Fed decision which vowed to maintain interest rates near zero for at least three years till 2023 and better prospects seen for the US recovery, there was at one end seen a rise in the US dollar, pushing up the risk-on sentiment among investors.
On Friday, the board of RITES Ltd said it has approved the buyback of 96.96 lakh shares with repurchase amount not exceeding Rs 257 crore. The firm informed in a stock exchange filing that 96,98,113 equity shares of the face value of Rs 10 each would be purchased at Rs 265 per share, translating into the total buyback amount not exceeding Rs 257 crore