|Min SIP Amount||Not Supported|
|NAV||₹26.43 (30 Oct 2020)|
|Fund Started||02 Jun 2009|
|Fund Size||₹5,335 Cr|
|Tata Consumer Products Ltd.||FMCG||Equity||3.9%|
|The Ramco Cements Ltd.||Construction||Equity||3.8%|
|Honeywell Automation India Ltd.||Engineering||Equity||3.3%|
|Whirlpool Of India Ltd.||Cons Durable||Equity||3.1%|
|Natco Pharma Ltd.||Healthcare||Equity||3.0%|
|Apollo Hospitals Enterprise Ltd.||Healthcare||Equity||2.8%|
|Cummins India Ltd.||Engineering||Equity||2.5%|
|Max Financial Services Ltd.||Financial||Equity||2.5%|
|Timken India Ltd.||Engineering||Equity||2.5%|
Sundaram Mid Cap Fund Institutional Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 02 Jun 2009. S Krishnakumar is the Current Fund Manager of Sundaram Mid Cap Fund Institutional Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,335 Cr and the Latest NAV as of 30 Oct 2020 is ₹26.43.
The Sundaram Mid Cap Fund Institutional Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. 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.