Sundaram Money Direct Dividend Monthly+0.02%

3Groww
6.83%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Sundaram Money Direct Dividend Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.14%
NAV10.75 (09 Dec 2019)
Fund Started01 Jan 2013
Fund Size6,142 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Sundaram Money Direct Dividend Monthly
6.8%
7.0%
7.4%
7.9%
Category Average
6.8%
6.7%
7.3%
-
Rank within category
12
18
16
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills5.8%
    Reserve Bank of IndiaFinancialT-Bills4.9%
    Reserve Bank of IndiaFinancialT-Bills4.0%
    ICICI Bank Ltd.FinancialCD3.6%
    Indusind Bank Ltd.FinancialCD2.8%
    Indusind Bank Ltd.FinancialFixed Deposits2.4%
    Syndicate BankFinancialCD2.4%
    Reliance Retail Ltd.ServicesCP2.4%
    Reliance Jio Infocomm Ltd.CommunicationCP2.4%
    Gujarat State Fertilizers & Chemicals Ltd.ChemicalsCP2.4%
    See All

    Fund Managers

    addDwijendra Srivastava
    Education
    Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
    Funds Managed
    addSiddharth Chaudhary
    Education
    Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.
    Funds Managed

    Other Details

    Sundaram Money Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Money Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹6,142 Cr and the Latest NAV as of 09 Dec 2019 is ₹10.75.

    The Sundaram Money Direct Dividend Monthly is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. 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 main objective is to provide a level of income consistent with the preservation of capital, liquidity and lower level of risk, through investments made primarily in money market and debt securities. The aim is to optimize returns while providing liquidity.

    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.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹500
    Min for Second Investment
    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.
    Exit Load

    Compare Funds

    Sundaram Money Direct Dividend Monthly
    VS
    search

    About Sundaram Mutual Fund

    Address
    Sundaram Towers, 2nd Floor,46 Whites Road, Royapettah Chennai 600 014
    Phone
    044-28583362/3367
    Launch Date
    25 Feb 1996
    Sundaram Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    ⓒ 2019 Billionbrains Garage Ventures Private Limited