Sundaram Infrastructure Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 07 Apr 2014. S Krishnakumar, Madanagopal Ramu is the Current Fund Manager of Sundaram Infrastructure Advantage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹530 Cr and the Latest NAV as of 23 Jan 2020 is ₹29.52.
The Sundaram Infrastructure Advantage Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Exit load of 1% if redeemed within 1 year.
To generate consistent long-term returns by investing predominantly in equity/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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year