Sundaram Banking & PSU Debt Fund Direct Growth+0.07%

3
10.47%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Sundaram Banking & PSU Debt Fund Direct Growth

RiskModerately Low
Min SIP Amount₹250
Expense Ratio0.23%
NAV33.10 (03 Jul 2020)
Fund Started09 Jan 2013
Fund Size1,583 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Sundaram Banking & PSU Debt Fund Direct Growth
10.5%
8.0%
8.0%
8.3%
Category Average
10.3%
8.0%
8.3%
-
Rank within category
16
14
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.23%
    3. 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
    Small Industries Devp. Bank of India Ltd.FinancialDebenture6.7%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.5%
    National Highways Authority of India Ltd.ServicesNCD5.7%
    Power Finance Corpn. Ltd.FinancialBonds5.5%
    Housing Development Finance Corpn. Ltd.FinancialDebenture5.4%
    Housing & Urban Development Corpn. Ltd.FinancialNCD5.2%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.9%
    REC Ltd.FinancialDebenture3.5%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.3%
    NHPC Ltd.EnergyDebenture3.3%
    See All

    Fund Managers

    addDwijendra Srivastava
    Education
    Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
    Funds Managed
    addSiddharth Chaudhary
    Education
    Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.
    Funds Managed

    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 ₹1,583 Cr and the Latest NAV as of 03 Jul 2020 is ₹33.10.

    The Sundaram Banking & PSU Debt Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 250. Minimum Lumpsum Investment is 100000.

    Investment Objective

    To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments bykeeping the interest rate risk of the fund low.

    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)

    ₹100000
    Min for First Investment
    ₹100000
    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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