|Min SIP Amount||Not Supported|
|NAV||₹1000.00 (20 Sep 2020)|
|Fund Started||19 Mar 2019|
|Fund Size||₹795 Cr|
Sundaram Overnight Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 19 Mar 2019. Siddharth Chaudhary is the Current Fund Manager of Sundaram Overnight Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹795 Cr and the Latest NAV as of 20 Sep 2020 is ₹1000.00.
The Sundaram Overnight Fund Direct Dividend Daily is rated Low risk. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity /maturing in one business day.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.