Sundaram Banking & PSU Debt Fund (Ex) Direct Growth
Debt
Banking & PSU
Moderate Risk
1M
6M
1Y
NAV: 30 Dec '16
₹11.61
Min. for SIP
Not Supported
Fund size
₹0.00 Cr
Expense ratio
N.A
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
3M
6M
1Y
All
Fund returns
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Category average (Debt Banking & PSU)
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Rank (Debt Banking & PSU)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
About Sundaram Banking & PSU Debt Fund (Ex) Direct Growth
Sundaram Banking & PSU Debt Fund (Ex) Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹75,674 Cr and the Latest NAV as of 30 Dec 2016 is ₹11.61.
The Sundaram Banking & PSU Debt Fund (Ex) Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹250.
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Investment Objective
The scheme seeks generate income and capital appreciation by primarily investing in a portfolio of debt and money market securities that are issued by banks, public sector undertakings and Public Financial Institutions.