Fund Details
Sundaram Low Duration Fund Direct Bonus
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.33% |
| NAV | ₹14.29 (11 Nov 2019) |
|---|---|
| Fund Started | 10 May 2013 |
| Fund Size | ₹433 Cr |
Returns
Comparison
1. Lower expense ratio - 0.33%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.5% |
| Reserve Bank of India | Financial | T-Bills | 8.0% |
| Aditya Birla Fashion and Retail Ltd. | Services | CP | 5.8% |
| IIFL Wealth Management Ltd | Financial | CP | 5.7% |
| Bank Of Baroda | Financial | CD | 5.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.7% |
| Export-Import Bank Of India | Financial | CD | 5.7% |
| Axis Bank Ltd. | Financial | CD | 5.6% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.7% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 4.7% |
Fund Managers
Sundaram Low Duration Fund Direct Bonus Details
Sundaram Low Duration Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 10 May 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Low Duration Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹433 Cr and the Latest NAV as of 11 Nov 2019 is ₹14.29.
The Sundaram Low Duration Fund Direct Bonus is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme objective is to provide a level of income consistent with liquidity through investments made primarily in money-market and debt securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
