Fund Details
Sundaram Banking & PSU Debt Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹250 |
| Expense Ratio | 0.23% |
| NAV | ₹34.05 (26 Feb 2021) |
|---|---|
| Fund Started | 09 Jan 2013 |
| Fund Size | ₹997 Cr |
Returns
Comparison
1. Lower expense ratio - 0.23%
2. Exit load is zero
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 8.7% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 7.8% |
| REC Ltd. | Financial | Debenture | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.1% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 5.1% |
| NHPC Ltd. | Energy | Debenture | 5.1% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.0% |
| Export-Import Bank Of India | Financial | CD | 5.0% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 4.1% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 3.6% |
Fund Managers
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.
