Fund Details
Sundaram Overnight Fund Direct IDCW Daily
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹1000.03 (24 Jun 2021) |
|---|---|
| Fund Started | 19 Mar 2019 |
| Fund Size | ₹539 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. Exit load is zero
1. Age is less than 3 years
Fund Managers
Sundaram Overnight Fund Direct IDCW Daily Details
Sundaram Overnight Fund Direct IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹539 Cr and the Latest NAV as of 24 Jun 2021 is ₹1000.03.
The Sundaram Overnight Fund Direct IDCW Daily is rated Low risk. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
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.
