Sundaram Global Advantage Direct Growth is a Others Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 08 Jan 2013. S Krishnakumar, Rohit Seksaria is the Current Fund Manager of Sundaram Global Advantage Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 18 Sep 2019 is ₹17.57.
The Sundaram Global Advantage Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
Sundaram BNP Paribas Global Advantage, is an open end Fund of Fund scheme, The objective of the scheme is to achieve capital appreciation by investing in units of overseas mutual funds and exchange traded funds and in money market instruments in domestic as well as in the overseas markets. Income generation may only be a secondary objective.
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
₹500
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load