|Min SIP Amount||Not Supported|
|NAV||₹10.10 (27 Sep 2020)|
|Fund Started||07 Mar 2000|
|Fund Size||₹3,896 Cr|
|Reserve Bank of India||Financial||T-Bills||22.3%|
|Reserve Bank of India||Financial||T-Bills||12.8%|
|Reserve Bank of India||Financial||T-Bills||5.1%|
|ONGC Mangalore Petrochemicals Ltd||Chemicals||CP||4.5%|
|Reserve Bank of India||Financial||T-Bills||3.4%|
|Reserve Bank of India||Financial||T-Bills||3.3%|
|Power Finance Corpn. Ltd.||Financial||Bonds/NCD||2.6%|
|National Housing Bank||Financial||CP||2.6%|
|Reserve Bank of India||Financial||T-Bills||2.6%|
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 ₹3,896 Cr and the Latest NAV as of 27 Sep 2020 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.
The scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.