Sundaram Mutual Fund has filed a draft document with Sebi for a business cycle fund. Sundaram Business Cycle Fund will be an open-ended equity scheme following a business cycle-based investing theme.

The investment objective of the scheme will be to provide long-term capital appreciation by investing predominantly in equity and equity-related securities with a focus on identifying medium-term cycles that can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.

The scheme will be benchmarked against Nifty 500 TRI. The scheme will be managed by Ratish B Varier and Bharath S (equity investments), Dwijendra Srivastava and Sandeep Agarwal (debt investments), and Pathanjali Srinivasan (overseas investments).

The scheme will offer regular and direct plans with both growth and IDCW options.