Fund Details
Sundaram Money Fund Daily Dividend
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹10.10 (19 Jan 2021) |
|---|---|
| Fund Started | 07 Mar 2000 |
| Fund Size | ₹3,611 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Risk is lower compared to the benchmark
3. Age is more than 3 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
1. 1Y Returns are lower than the benchmark
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.6% |
| Reserve Bank of India | Financial | T-Bills | 12.3% |
| Reserve Bank of India | Financial | T-Bills | 8.6% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| UPL Ltd. | Chemicals | CP | 3.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.9% |
| Reliance Industries Ltd. | Energy | CP | 2.9% |
| DBS Bank Ltd. | Financial | CD | 2.8% |
| LIC Housing Finance Ltd. | Financial | CP | 2.8% |
Fund Managers
Sundaram Money Fund Daily Dividend Details
Sundaram Money Fund Daily Dividend is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 07 Mar 2000. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Money Fund Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,611 Cr and the Latest NAV as of 19 Jan 2021 is ₹10.10.
The Sundaram Money Fund Daily Dividend is rated Low risk. Minimum SIP Investment is set to 250. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Investment Objective
The scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments.
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.
