|Min SIP Amount||₹100|
|NAV||₹27.99 (07 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹4,482 Cr|
|Tata Consumer Products Ltd.||FMCG||Equity||5.2%|
|The Ramco Cements Ltd.||Construction||Equity||4.5%|
|Honeywell Automation India Ltd.||Engineering||Equity||3.9%|
|Whirlpool Of India Ltd.||Cons Durable||Equity||3.3%|
|Indraprastha Gas Ltd.||Energy||Equity||3.0%|
|Varun Beverages Ltd.||FMCG||Equity||2.9%|
|Wabco India Ltd.||Automobile||Equity||2.8%|
|Cummins India Ltd.||Engineering||Equity||2.5%|
|Timken India Ltd.||Engineering||Equity||2.4%|
Sundaram Mid Cap 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 is the Current Fund Manager of Sundaram Mid Cap Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,482 Cr and the Latest NAV as of 07 Jul 2020 is ₹27.99.
The Sundaram Mid Cap 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 objective of the scheme is to achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps.
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.