Fund Details
Sundaram Smart NIFTY 100 Equal Weight Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.94% |
| NAV | ₹14.37 (20 Jan 2021) |
|---|---|
| Fund Started | 12 Jan 2017 |
| Fund Size | ₹24 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 1.5% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.3% |
| Adani Transmission Ltd. | Engineering | Equity | 1.3% |
| Tata Steel Ltd. | Metals | Equity | 1.3% |
| Bajaj Finance Ltd. | Financial | Equity | 1.3% |
| Indusind Bank Ltd. | Financial | Equity | 1.2% |
| HDFC Bank Ltd. | Financial | Equity | 1.2% |
| Axis Bank Ltd. | Financial | Equity | 1.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 1.2% |
Fund Managers
Sundaram Smart NIFTY 100 Equal Weight Fund Regular Growth Details
Sundaram Smart NIFTY 100 Equal Weight Fund Regular Growth is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 12 Jan 2017. S Bharath is the Current Fund Manager of Sundaram Smart NIFTY 100 Equal Weight Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹24 Cr and the Latest NAV as of 20 Jan 2021 is ₹14.37.
The Sundaram Smart NIFTY 100 Equal Weight Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme seeks 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.
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.
