Fund Details
Sundaram Low Duration Fund Direct Dividend Fortnightly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.33% |
| NAV | ₹11.01 (21 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 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% |
| Housing & Urban Development Corpn. Ltd. | Financial | NCD | 6.7% |
| Reliance Industries Ltd. | Energy | CP | 5.8% |
| Aditya Birla Fashion and Retail Ltd. | Services | CP | 5.8% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| IIFL Wealth Management Ltd | Financial | CP | 5.7% |
| Axis Bank Ltd. | Financial | CD | 5.6% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 4.7% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.7% |
| DBS Bank Ltd. | Financial | CD | 4.6% |
Fund Managers
Sundaram Low Duration Fund Direct Dividend Fortnightly Details
Sundaram Low Duration Fund Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Low Duration Fund Direct Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹433 Cr and the Latest NAV as of 21 Jan 2021 is ₹11.01.
The Sundaram Low Duration Fund Direct Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 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.
