| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.46% |
| NAV | ₹16.82 (08 Jul 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹1,414 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Consumer Products Ltd. | FMCG | Equity | 8.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.1% |
| Asian Paints Ltd. | Chemicals | Equity | 4.0% |
| Varun Beverages Ltd. | FMCG | Equity | 3.8% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 3.5% |
| HDFC Bank Ltd. | Financial | Equity | 3.2% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 3.2% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.1% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.1% |
| Nestle India Ltd. | FMCG | Equity | 3.0% |
Sundaram Rural and Consumption Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 02 Jan 2013. S Krishnakumar, S Bharath is the Current Fund Manager of Sundaram Rural and Consumption Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,414 Cr and the Latest NAV as of 08 Jul 2020 is ₹16.82.
The Sundaram Rural and Consumption Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units more than 25% of the investments, an exit load of 1% if redeemed within 365 days.
The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity related instruments of companies that are focusing on Rural India.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.