Fund Details
Sundaram Mid Cap Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.14% |
| NAV | ₹37.70 (25 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹5,926 Cr |
Returns
Comparison
1. Lower expense ratio - 1.16%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
5. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| The Ramco Cements Ltd. | Construction | Equity | 3.4% |
| Sundaram-Clayton Ltd. | Automobile | Equity | 3.1% |
| Whirlpool Of India Ltd. | Cons Durable | Equity | 3.0% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.8% |
| Cummins India Ltd. | Engineering | Equity | 2.6% |
| Max Financial Services Ltd. | Financial | Equity | 2.5% |
| Natco Pharma Ltd. | Healthcare | Equity | 2.5% |
| Trent Ltd. | Services | Equity | 2.5% |
| Honeywell Automation India Ltd. | Engineering | Equity | 2.2% |
| Voltas Ltd. | Cons Durable | Equity | 2.2% |
Fund Managers
Sundaram Mid Cap Fund Direct Dividend Details
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 ₹5,926 Cr and the Latest NAV as of 25 Jan 2021 is ₹37.70.
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.
Investment Objective
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.
Tax Implications
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.
