|Min SIP Amount||₹250|
|NAV||₹14.67 (10 Jul 2020)|
|Fund Started||02 Dec 2014|
|Fund Size||₹1,097 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||6.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.9%|
|Reliance Industries Ltd.||Energy||NCD||3.7%|
|LIC Housing Finance Ltd.||Financial||NCD||3.4%|
|Housing & Urban Development Corpn. Ltd.||Financial||NCD||3.3%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.3%|
|LIC Housing Finance Ltd.||Financial||Bonds||2.9%|
Sundaram Corporate Bond Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 02 Dec 2014. Dwijendra Srivastava, Sandeep Agarwal is the Current Fund Manager of Sundaram Corporate Bond Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,097 Cr and the Latest NAV as of 10 Jul 2020 is ₹14.67.
The Sundaram Corporate Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 5000.
To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.