|Min SIP Amount||₹100|
|NAV||₹10.91 (10 Jul 2020)|
|Fund Started||12 Jan 2017|
|Fund Size||₹21 Cr|
|Aurobindo Pharma Ltd.||Healthcare||Equity||1.9%|
|Vodafone Idea Ltd.||Communication||Equity||1.5%|
|Cadila Healthcare Ltd.||Healthcare||Equity||1.4%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||1.4%|
|Motherson Sumi Systems Ltd.||Automobile||Equity||1.3%|
|Reliance Industries Ltd.||Energy||Equity||1.3%|
|The New India Assurance Co. Ltd.||Financial||Equity||1.3%|
|Oil & Natural Gas Corpn. Ltd.||Energy||Equity||1.3%|
Sundaram Smart NIFTY 100 Equal Weight Fund Direct Growth is a Others Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 12 Jan 2017. Madanagopal Ramu is the Current Fund Manager of Sundaram Smart NIFTY 100 Equal Weight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹21 Cr and the Latest NAV as of 10 Jul 2020 is ₹10.91.
The Sundaram Smart NIFTY 100 Equal Weight Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
To invest in companies which are constituents of NIFTY 100 Equal Weighted Index (underlying Index) in the same proportion as in the index and endeavour to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to 2% tracking error.however, there is no assurance that the objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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.