|Risk||Low to Moderate|
|Min SIP Amount||₹250|
|NAV||₹34.31 (07 May 2021)|
|Fund Started||09 Jan 2013|
|Fund Size||₹921 Cr|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||8.3%|
|Power Finance Corpn. Ltd.||Financial||Bonds||5.4%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.4%|
|Export-Import Bank Of India||Financial||CD||5.3%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.3%|
|Power Finance Corpn. Ltd.||Financial||Bonds||4.3%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.8%|
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 ₹921 Cr and the Latest NAV as of 07 May 2021 is ₹34.31.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.