Sundaram Short Term Debt Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 16 May 2003. Dwijendra Srivastava, Sandeep Agarwal is the Current Fund Manager of Sundaram Short Term Debt Fund Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 22 Aug 2019 is ₹12.6.
The Sundaram Short Term Debt Fund Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 250. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The Fund seeks to earn regular income by investing primarily in fixed income securities, which may be paid as dividend or reinvested at the option of the investor. A secondary objective is to attempt to keep the value of its units reasonable stable.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹500
Min for Second Investment