| Launch date | 17 Sep 2020 |
| Allotment date | 08 Oct 2020 |
| End date | 01 Oct 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
For units in excess of 25% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Ravi GopalakrishnanMay 2022 - PresentView details
Sudhir KediaMay 2022 - PresentView details
Rohit SeksariaSep 2020 - PresentView details
Fund house & investment objective
| Rank (total assets) | #17 in India |
|---|---|
| Total AUM | ₹56,229.23Cr |
| Date of Incorporation | 26 Feb 1996 |
|---|
Sundaram Bluechip Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. S Krishnakumar is the Current Fund Manager of Sundaram Bluechip Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹56,229 Cr and the Latest NAV as of 08 Oct 2020 is ₹10.00. The Sundaram Bluechip Fund Direct - Growth - NFO is rated Moderately High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. For units in excess of 25% of the investment,1% will be charged for redemption within 1 year. ;
| Fund benchmark | NA |
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