Fund Details
Sundaram Overnight Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹1083.64 (01 Dec 2020) |
|---|---|
| Fund Started | 19 Mar 2019 |
| Fund Size | ₹1,020 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.1%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Age is less than 3 years
2. Risk-adjusted returns are lower compared to the category
Fund Managers
Sundaram Overnight Fund Direct Growth Details
Sundaram Overnight Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,020 Cr and the Latest NAV as of 01 Dec 2020 is ₹1083.64.
The Sundaram Overnight Fund Direct Growth 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.
