|Min SIP Amount||₹100|
|NAV||₹16.56 (25 Jan 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹1,185 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.8%|
|HDFC Bank Ltd.||Financial||Equity||9.5%|
|Reliance Industries Ltd.||Energy||Equity||6.9%|
|Bharti Airtel Ltd.||Communication||Equity||5.6%|
|Larsen & Toubro Ltd.||Construction||Equity||5.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.8%|
|HCL Technologies Ltd.||Technology||Equity||4.6%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||3.6%|
Sundaram Select Focus 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. Rahul Baijal is the Current Fund Manager of Sundaram Select Focus Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,185 Cr and the Latest NAV as of 25 Jan 2021 is ₹16.56.
The Sundaram Select Focus Fund Direct Dividend is rated Moderately 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 scheme aims to generate capital appreciation by investing in a very few select stocks. It will generally hold stocks upto 50 companies each with a market capitalisation of not less than Rs. 500 crores.
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.