Sundaram Mutual Fund
Sundaram Home Finance eyes Rs 450 cr disbursements in Maharashtra this year
Sundaram Home Finance has inaugurated its second branch in Pune as it aims to make disbursements of Rs 450 crore in Maharashtra this year, the company said on Friday. The wholly owned subsidiary of non-banking finance company Sundaram Finance Ltd achieved disbursements of over Rs 250 crore in the Western state last year. Sundaram Home Finance currently has six branches in Maharashtra and would offer home loans targeting the mid-segment of the market with an average ticket size of Rs 40 lakh. The company achieved disbursements of over Rs 100 crore in Pune last financial year. "Pune is turning into a vibrant home finance market and its proximity to Mumbai has led to fast paced growth in terms of infra development and the increasing presence of IT companies. This expansion in Pune follows the success of our first branch in the city," company Managing Director D Lakshminarayanan said. In February, the company expanded presence in Navi Mumbai. "We have seen a robust demand for home loa
 "Sundaram Home Finance eyes Rs 450 cr disbursements in Maharashtra this year")
Sundaram Mutual Fund prioritises equity, gold in multi-asset offering
Multi-asset allocation funds have been the 'flavour of the season' in the hybrid space in financial year 2024 as fund houses have rushed to launch the product post the change in debt fund taxation
 "Sundaram Mutual Fund prioritises equity, gold in multi-asset offering")
Hatsun Agro rallies 13% in four days as Sundaram, SBI MF pick up 1.3% stake
As per shareholding data on the BSE, SBI Mutual Fund and promoter Chandramogan held 4.9 per cent and 56 per cent stakes in the company, respectively, as at the end of the April-June quarter
 "Hatsun Agro rallies 13% in four days as Sundaram, SBI MF pick up 1.3% stake")
Sundaram Mutual's bluechip fund NFO mobilises over Rs 650 cr despite Covid
Sundaram Bluechip Fund is an open-ended equity scheme predominantly investing in large cap blue chip stocks
 "Sundaram Mutual's bluechip fund NFO mobilises over Rs 650 cr despite Covid")
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
 "New fund offering of Sundaram Equity Fund garners Rs 358 crore")
Sundaram MF withdraws DHFL side-pocket, says not in-line with Sebi norms
Proposal was not in-line with Sebi norms on creating a separate portfolio for affected asset
 "Sundaram MF withdraws DHFL side-pocket, says not in-line with Sebi norms")
Sundaram MF starts filling product gaps; launches equity savings fund
Expects lower subscription due to change in commission structure
 "Sundaram MF starts filling product gaps; launches equity savings fund")
