| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹11.95 (12 Aug 2020) |
|---|---|
| Fund Started | 03 Feb 2004 |
| Fund Size | ₹3,154 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 15.4% |
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| National Bank For Agriculture & Rural Development | Financial | CD | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 3.5% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 2.9% |
| Reserve Bank of India | Financial | T-Bills | 2.9% |
| Export-Import Bank Of India | Financial | CP | 2.9% |
Sundaram Money Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 03 Feb 2004. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Money Fund Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹3,154 Cr and the Latest NAV as of 12 Aug 2020 is ₹11.95.
The Sundaram Money Fund Dividend Weekly 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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.