Sundaram Low Duration Fund Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Low Duration Fund Direct Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹496 Cr and the Latest NAV as of 09 Dec 2019 is ₹10.81.
The Sundaram Low Duration Fund Direct Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
To provide a level of income consistent with liquidity through investments made primarily in money -market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme do not guarantee/indicate any returns.
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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment