| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.85% |
| NAV | ₹9.87 (10 Jul 2020) |
|---|---|
| Fund Started | 23 Apr 2007 |
| Fund Size | ₹404 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 24.6% |
| Bank of India | Financial | CD | 8.6% |
| Axis Bank Ltd. | Financial | CD | 6.2% |
| Tata Power Renewable Energy Ltd. | Engineering | CP | 6.2% |
| Reliance Industries Ltd. | Energy | CP | 4.9% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 4.9% |
| LIC Housing Finance Ltd. | Financial | NCD | 3.8% |
| REC Ltd. | Financial | Debenture | 3.8% |
| Blue Star Ltd. | Cons Durable | CP | 3.7% |
| 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 ₹404 Cr and the Latest NAV as of 10 Jul 2020 is ₹9.87.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.