Fund Details
Sundaram Banking & PSU Debt Fund Regular Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹250 |
| Expense Ratio | 0.49% |
| NAV | ₹11.57 (21 Jan 2021) |
|---|---|
| Fund Started | 30 Dec 2004 |
| Fund Size | ₹1,219 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Lower expense ratio
4. 1Y Returns are higher than the benchmark
5. 3Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. Lower expense ratio - 0.36%
1. Risk is higher compared to the benchmark
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 6.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.0% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.8% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 5.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.2% |
| National Highways Authority of India Ltd. | Services | NCD | 4.7% |
| Bank Of Baroda | Financial | CD | 4.2% |
| REC Ltd. | Financial | Debenture | 3.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 3.1% |
Fund Managers
Sundaram Banking & PSU Debt Fund Regular Dividend Monthly Details
Sundaram Banking & PSU Debt Fund Regular Dividend Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 30 Dec 2004. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Banking & PSU Debt Fund Regular Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,219 Cr and the Latest NAV as of 21 Jan 2021 is ₹11.57.
The Sundaram Banking & PSU Debt Fund Regular Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
