Sundaram Rural and Consumption Fund Institutional Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 17 Mar 2011. S Krishnakumar is the Current Fund Manager of Sundaram Rural and Consumption Fund Institutional Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,155 Cr and the Latest NAV as of 30 Nov 2018 is ₹31.93.
The Sundaram Rural and Consumption Fund Institutional Dividend is rated risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year