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Sundaram Mutual Fund launches multicap fund

Sundaram AMC is set to launch a new fund — Sundaram Equity Fund, a multicap scheme. The scheme will be open for subscription between Aug 16 and 30. S Krishnakumar said the objective of the scheme is to provide investors with steady returns. Speaking on markets, the expert says he expects credit growth to jump, thinks consumer cyclicals like white goods will see an uptick, feels capital goods and cement space will benefit from govt's big infra push, sees current slowdown is largely cyclical.