Fund Details
Sundaram Short Term Credit Risk Fund Direct IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹250 |
| Expense Ratio | 0.68% |
| NAV | ₹11.95 (29 Dec 2020) |
|---|---|
| Fund Started | 26 Apr 2015 |
| Fund Size | ₹116 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 8.8% |
| Steel Authority Of India Ltd. | Metals | CP | 8.6% |
| Tata Power Co. Ltd. | Energy | CP | 8.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 8.6% |
| Axis Bank Ltd. | Financial | CD | 8.4% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | CP | 5.1% |
| REC Ltd. | Financial | NCD | 4.5% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.4% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
Fund Managers
Sundaram Short Term Credit Risk Fund Direct IDCW Details
Sundaram Short Term Credit Risk Fund Direct IDCW is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Apr 2015. Sandeep Agarwal is the Current Fund Manager of Sundaram Short Term Credit Risk Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹116 Cr and the Latest NAV as of 29 Dec 2020 is ₹11.95.
The Sundaram Short Term Credit Risk Fund Direct IDCW is rated 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 AA and below rated corporate 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.
