Sundaram Banking & PSU Debt Fund Regular Dividend Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 30 Dec 2004. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Banking & PSU Debt Fund Regular Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,031 Cr and the Latest NAV as of 23 Aug 2019 is ₹11.3.
The Sundaram Banking & PSU Debt Fund Regular Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The investment objective of the Scheme is to seek to 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. There is no assurance that the investment objective of the Scheme will be realized.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹500
Min for Second Investment