Know which fund should be invested for the education of children abroad

Sundaram MF has launched Sundaram Global Brand Fund.

Sundaram MF has launched Sundaram Global Brand Fund. Exposure to foreign stock is the strength of the fund’s returns. Invest in such a fund for a goal like studying abroad.

sundaram mutual fund has brought golden opportunity to invest in foreign market. The sundaram Global Brand Fund, which has opened since today, invests in the top 30 companies abroad. Whether it is to beat inflation or worry about rupee fluctuations, being in the portfolio of foreign equity gives you stability to a large extent.

Also Read: Preparing to impose fees for withdrawing more than 5,000 rupees from ATM, may change after eight years

Sunil Subramaniam, Managing Director & CEO of Sundaram Mutual has joined CNBC-Awaaz’s show “Your Money” to talk about this fund in detail.

Question: Sundaram has launched Global Brand Fund, tell us something about the features or features of this fund.

Sunil Subramaniam’s answer: Sundaram MF’s Global Brand Fund was launched in Singapore in June 2015. There is a huge opportunity for investment in foreign stocks. The fund has exposure in the world’s top-30 stocks. The Fund of India has been REPOSOITION.

Question: How is this fund different from the existing fund in this category?

Sunil Subramaniam’s answer: Sundaram MF’s Global Brand Fund is a unique fund in itself. There is no such fund in the Indian market. In this, strategy is made by doing research on foreign stock.

Question: What has been tried in AMC’s PHILOSOPHY through this fund?

Sunil Subramaniam’s answer: Sundaram MF’s International LARGE CAP STOCK Fund is new in the Global Brand Fund. In this, investors benefit from the fall in the rupee.

Q: How will the fund work? How will TRACKING MECHANISM work?

Sunil Subramaniam’s answer: Sundaram MF invests in Global Brand Fund by studying the top brands. The top 10 brands are given more weightage. Portfolio changes can be made if performance is not seen in it. In this, stock selection is done on the lines of research of inter brand.

Question: What kind of investors should invest in this fund?

Sunil Subramaniam’s answer: Sundaram MF should invest in global brand fund with the aim of international equity. One can invest in this fund for the goal of studying abroad. This fund will beat inflation and CURRENCY VOLATILITY. Stock selection of this fund helps in returns.