| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.42% |
| NAV | ₹10.16 (07 Aug 2020) |
|---|---|
| Fund Started | 06 Sep 2019 |
| Fund Size | ₹541 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.9% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.5% |
| Infosys Ltd. | Technology | Equity | 3.6% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.1% |
| Lupin Ltd. | Healthcare | Equity | 2.9% |
| HCL Technologies Ltd. | Technology | Equity | 2.8% |
Sundaram Equity Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹541 Cr and the Latest NAV as of 07 Aug 2020 is ₹10.16.
The Sundaram Equity Fund Direct Dividend is rated Moderately 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.
The scheme seeks to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalisation.
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.