Sundaram Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 09 Jan 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Banking & PSU Debt Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,031 Cr and the Latest NAV as of 17 Sep 2019 is ₹30.74.
The Sundaram Banking & PSU Debt Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 250. Minimum Lumpsum Investment is 100000. Nil.
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