|Min SIP Amount||₹250|
|NAV||₹14.93 (20 Jan 2021)|
|Fund Started||02 Dec 2014|
|Fund Size||₹1,274 Cr|
|National Bank For Agriculture & Rural Development||Financial||NCD||4.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.1%|
|LIC Housing Finance Ltd.||Financial||ZCB||3.8%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||3.7%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.4%|
|Reliance Industries Ltd.||Energy||NCD||3.1%|
|LIC Housing Finance Ltd.||Financial||NCD||2.4%|
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 ₹1,274 Cr and the Latest NAV as of 20 Jan 2021 is ₹14.93.
The Sundaram Corporate Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.