Sundaram Mid Cap Fund Institutional Dividend is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 02 Jun 2009. S Krishnakumar is the Current Fund Manager of Sundaram Mid Cap Fund Institutional Dividend.The fund currently has an Asset Under Management(AUM) of ₹5,883 Cr and the Latest NAV as of 05 Dec 2019 is ₹28.34.
The Sundaram Mid Cap Fund Institutional Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 1 year.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year