| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.85% |
| NAV | ₹9.94 (28 Sep 2020) |
|---|---|
| Fund Started | 23 Apr 2007 |
| Fund Size | ₹395 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.6% |
| Housing & Urban Development Corpn. Ltd. | Financial | NCD | 7.4% |
| Reserve Bank of India | Financial | T-Bills | 6.3% |
| Reliance Industries Ltd. | Energy | CP | 6.3% |
| Aditya Birla Money Ltd. | Financial | CP | 6.2% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 5.1% |
| Tata Power Co. Ltd. | Energy | CP | 5.0% |
| Century Textiles & Inds. Ltd. | Diversified | CP | 5.0% |
| REC Ltd. | Financial | Debenture | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.3% |
Sundaram Low Duration Fund Institutional Plan Dividend Daily is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 23 Apr 2007. Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Low Duration Fund Institutional Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹395 Cr and the Latest NAV as of 28 Sep 2020 is ₹9.94.
The Sundaram Low Duration Fund Institutional Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme objective is to provide a level of income consistent with liquidity through investments made primarily in money-market and debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.