|Min SIP Amount||₹100|
|NAV||₹16.82 (08 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹1,414 Cr|
|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.