|Min SIP Amount||₹100|
|NAV||₹43.99 (23 Jun 2021)|
|Fund Started||02 Jan 2013|
|Fund Size||₹6,356 Cr|
|The Ramco Cements Ltd.||Construction||Equity||3.2%|
|Max Financial Services Ltd.||Financial||Equity||3.0%|
|Grindwell Norton Ltd.||Metals||Equity||2.9%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||2.8%|
|Cummins India Ltd.||Engineering||Equity||2.7%|
|Apollo Hospitals Enterprise Ltd.||Healthcare||Equity||2.6%|
|Natco Pharma Ltd.||Healthcare||Equity||2.6%|
|Navin Fluorine International Ltd.||Chemicals||Equity||2.4%|
|Voltas Ltd.||Cons Durable||Equity||2.2%|
Sundaram Mid Cap Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,356 Cr and the Latest NAV as of 23 Jun 2021 is ₹43.99.
The Sundaram Mid Cap Fund Direct IDCW is rated Very 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 achieve capital appreciation by investing in mid-cap stocks. The fund defines 'midcap' as a stock whose market capitalization shall not exceed the market capitalization of the 50th stock (after sorting the securities in the descending order of market capitalization) listed with the NSE.
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.