|Min SIP Amount||₹100|
|NAV||₹31.22 (15 Jan 2021)|
|Fund Started||07 Apr 2014|
|Fund Size||₹499 Cr|
|The Ramco Cements Ltd.||Construction||Equity||6.9%|
|Reliance Industries Ltd.||Energy||Equity||6.4%|
|ICICI Bank Ltd.||Financial||Equity||5.8%|
|Larsen & Toubro Ltd.||Construction||Equity||5.6%|
|Timken India Ltd.||Engineering||Equity||5.0%|
|Grindwell Norton Ltd.||Metals||Equity||5.0%|
|Honeywell Automation India Ltd.||Engineering||Equity||4.6%|
|Kansai Nerolac Paints Ltd.||Chemicals||Equity||4.1%|
|Brigade Enterprises Ltd.||Construction||Equity||3.7%|
|Ultratech Cement Ltd.||Construction||Equity||3.6%|
Sundaram Infrastructure Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 07 Apr 2014. S Krishnakumar, Madanagopal Ramu is the Current Fund Manager of Sundaram Infrastructure Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹499 Cr and the Latest NAV as of 15 Jan 2021 is ₹31.22.
The Sundaram Infrastructure Advantage Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units more than 25% of the investments, an exit load of 1% if redeemed within 365 days.
The scheme aims to generate consistent long-term returns by investing predominantly in equity or equity related instruments of companies in the capital goods sector.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.