Sundaram Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Rahul Baijal is the Current Fund Manager of Sundaram Equity Hybrid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,824 Cr and the Latest NAV as of 20 Nov 2019 is ₹101.15.
The Sundaram Equity Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days..
Investment Objective
The scheme seeks to generate capital appreciation and current income through a mix of investments in Equities and Fixed Income Securities.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹100
Min for First Investment
₹500
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days.
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