|Min SIP Amount||₹100|
|NAV||₹9.74 (13 Jul 2020)|
|Fund Started||06 Sep 2019|
|Fund Size||₹541 Cr|
|HDFC Bank Ltd.||Financial||Equity||5.6%|
|Reliance Industries Ltd.||Energy||Equity||5.6%|
|ICICI Bank Ltd.||Financial||Equity||4.8%|
|Bharti Airtel Ltd.||Communication||Equity||4.2%|
|Navin Fluorine International Ltd.||Chemicals||Equity||4.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.1%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||2.8%|
Sundaram Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹541 Cr and the Latest NAV as of 13 Jul 2020 is ₹9.74.
The Sundaram Equity Fund Direct Growth 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.