Sundaram Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. S Krishnakumar is the Current Fund Manager of Sundaram Mid Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹5,883 Cr and the Latest NAV as of 15 Nov 2019 is ₹470.11.
The Sundaram Mid Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 1 year.
Investment Objective
The objective of the scheme is to achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps.
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.
Scheme Information Document(SID)
₹100
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load