|Min SIP Amount||₹250|
|NAV||₹62.09 (16 Apr 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹81 Cr|
Sundaram Medium Term Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Dwijendra Srivastava, Sandeep Agarwal is the Current Fund Manager of Sundaram Medium Term Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹81 Cr and the Latest NAV as of 16 Apr 2021 is ₹62.09.
The Sundaram Medium Term Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 5000. For units more than 25% of the investments, an exit load of 1% if redeemed within 365 days.
The scheme seeks to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.