Sundaram Large and Mid Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. S Krishnakumar, Madanagopal Ramu is the Current Fund Manager of Sundaram Large and Mid Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹695 Cr and the Latest NAV as of 23 Aug 2019 is ₹17.3.
The Sundaram Large and Mid Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 12 months from date of allotment.
Investment Objective
The objective of the scheme would be to seek capital appreciation by investing in equity & equity related instruments.
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.
Scheme Information Document(SID)
₹100
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed within 12 months from date of allotment
Exit Load