Sundaram Select Micro Cap Series XVI Direct Growth

Sundaram Select Micro Cap Series XVI Direct Growth is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. S Krishnakumar, Dwijendra Srivastava is the Current Fund Manager of Sundaram Select Micro Cap Series XVI Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹49,560 Cr and the Latest NAV as of 30 Aug 2022 is ₹15.49. The Sundaram Select Micro Cap Series XVI Direct Growth is rated Low to Moderate risk. ;

Investment Objective

The scheme seeks capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. A company whose market capitalisation is equal to or lower than that of the 301st stock by market cap on the NSE at the time of investment will be considered to be in micro-cap category. ;