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Sundaram Banking & PSU Debt Fund Direct Growth+0.01%

6.81%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Sundaram Banking & PSU Debt Fund Direct Growth

RiskLow to Moderate
Min SIP Amount₹250
Expense Ratio0.23%
NAV₹34.05 (26 Feb 2021)
Fund Started09 Jan 2013
Fund Size997 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.8%
8.1%
7.5%
8.1%
Category Average
6.9%
8.3%
8.1%
-
Rank Within Category
14
15
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount250
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.23%
2. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Housing Development Finance Corpn. Ltd.FinancialDebenture8.7%
Small Industries Devp. Bank of India Ltd.FinancialDebenture7.8%
REC Ltd.FinancialDebenture5.6%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.1%
Power Finance Corpn. Ltd.FinancialBonds5.1%
NHPC Ltd.EnergyDebenture5.1%
National Bank For Agriculture & Rural DevelopmentFinancialCP5.0%
Export-Import Bank Of IndiaFinancialCD5.0%
Power Finance Corpn. Ltd.FinancialBonds4.1%
Power Grid Corporation of India Ltd.EnergyBonds3.6%
See All

Fund Managers

Dwijendra Srivastava
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Siddharth Chaudhary
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Sundaram Banking & PSU Debt Fund Direct Growth Details

Sundaram Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 09 Jan 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Banking & PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹997 Cr and the Latest NAV as of 26 Feb 2021 is ₹34.05.

The Sundaram Banking & PSU Debt Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Sundaram Mutual Fund

Address
Sundaram Towers, 2nd Floor,46 Whites Road, Royapettah Chennai 600 014
Phone
044-28583362/3367
Launch Date
26 Feb 1996
Sundaram Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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