Fund Details
Sundaram Banking & PSU Debt Fund Regular IDCW Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹250 |
| Expense Ratio | 0.40% |
| NAV | ₹11.57 (22 Jun 2021) |
|---|---|
| Fund Started | 30 Dec 2004 |
| Fund Size | ₹908 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.4%
3. Exit load is zero
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 8.5% |
| REC Ltd. | Financial | Debenture | 6.1% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 5.6% |
| NHPC Ltd. | Energy | Debenture | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.5% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 4.5% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.9% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 2.8% |
Fund Managers
Sundaram Banking & PSU Debt Fund Regular IDCW Monthly Details
Sundaram Banking & PSU Debt Fund Regular IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹908 Cr and the Latest NAV as of 22 Jun 2021 is ₹11.57.
The Sundaram Banking & PSU Debt Fund Regular IDCW Monthly is rated Low to Moderate 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.
