Fund Details
Sundaram Short Term Credit Risk Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹250 |
| Expense Ratio | 0.69% |
| NAV | ₹27.65 (01 Dec 2020) |
|---|---|
| Fund Started | 27 Feb 2015 |
| Fund Size | ₹116 Cr |
Returns
as per Historical Returns
Comparison
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
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% |
| Astec Lifesciences Ltd. | Healthcare | CP | 8.6% |
| Steel Authority Of India Ltd. | Metals | CP | 8.6% |
| Tata Power Co. Ltd. | Energy | CP | 8.6% |
| Axis Bank Ltd. | Financial | CD | 8.3% |
| REC Ltd. | Financial | NCD | 4.5% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.4% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
Fund Managers
Sundaram Short Term Credit Risk Fund Direct Growth Details
Sundaram Short Term Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 27 Feb 2015. Sandeep Agarwal is the Current Fund Manager of Sundaram Short Term Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹116 Cr and the Latest NAV as of 01 Dec 2020 is ₹27.65.
The Sundaram Short Term Credit Risk Fund Direct Growth 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.
