Fund Details
Sundaram Equity Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.79% |
| NAV | ₹15.04 (24 Jun 2021) |
|---|---|
| Fund Started | 06 Sep 2019 |
| Fund Size | ₹714 Cr |
Returns
Comparison
1. Lower expense ratio - 0.81%
2. 1Y Returns are higher than the category average returns
1. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| HDFC Bank Ltd. | Financial | Equity | 4.3% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 4.1% |
| ICICI Bank Ltd. | Financial | Equity | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| Infosys Ltd. | Technology | Equity | 3.0% |
| NCC Ltd. | Construction | Equity | 2.6% |
| State Bank of India | Financial | Equity | 2.5% |
| Birla Corporation Ltd. | Construction | Equity | 2.4% |
| MindTree Ltd. | Technology | Equity | 2.4% |
Fund Managers
Sundaram Equity Fund Direct IDCW Details
Sundaram Equity Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 06 Sep 2019. S Krishna Kumar is the Current Fund Manager of Sundaram Equity Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹714 Cr and the Latest NAV as of 24 Jun 2021 is ₹15.04.
The Sundaram Equity Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units more than 25% of the investments, an exit load of 1% if redeemed within 365 days.
Investment Objective
The scheme seeks to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalisation.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
