| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.21% |
| NAV | ₹10.30 (18 Sep 2020) |
|---|---|
| Fund Started | 24 Jun 2019 |
| Fund Size | ₹455 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.9% |
| Reserve Bank of India | Financial | T-Bills | 10.9% |
| Indian Bank | Financial | CD | 5.5% |
| Tata Power Co. Ltd. | Energy | CP | 5.5% |
| Indian Oil Corpn. Ltd. | Energy | CP | 5.5% |
| ONGC Mangalore Petrochemicals Ltd | Chemicals | CP | 5.5% |
| Reliance Industries Ltd. | Energy | CP | 5.5% |
| Aditya Birla Money Ltd. | Financial | CP | 5.4% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 5.4% |
| Axis Bank Ltd. | Financial | CD | 4.4% |
Sundaram Ultra Short Term Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 24 Jun 2019. Siddharth Chaudhary is the Current Fund Manager of Sundaram Ultra Short Term Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹455 Cr and the Latest NAV as of 18 Sep 2020 is ₹10.30.
The Sundaram Ultra Short Term Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate regular income by investing predominantly in debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.