Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹40.5384 0.02%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Sundaram Banking & PSU Fund - Direct Plan
|
|
|
Moderate
|
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0.27 |
|
 |
|
Moderate
|
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0.33 |
||
|
|
Moderate
|
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0.39 |
||
 |
|
Moderate
|
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0.39 |
||
|
|
Moderate
|
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0.39 |
₹331 Cr
--
5,000
500
1,000
6
Investment Strategy
The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Suitability
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
1 min read•By News Desk
Sundaram Banking & PSU Debt Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.
Mutual funds can be bought directly from the website of the fund house. For instance, Sundaram Banking & PSU Fund - Direct Plan fund can be purchased from the website of Sundaram Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Sundaram Banking & PSU Fund - Direct Plan is ₹40.5384 as of 14-Aug-2024.
The AUM of Sundaram Banking & PSU Fund - Direct Plan Fund is ₹331 Cr as of 31-Jul-2024
The riskometer level of Sundaram Banking & PSU Fund - Direct Plan is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.18 14/08/2033 |
13.78
|
|
Indian Oil Corporation Ltd SR XXV NCD 7.44 25/11/2027 |
9.06
|
|
REC Ltd SR 216A Debenture 7.55 31/03/2028 |
7.55
|
|
Indian Railway Finance Corporation Ltd SR 171 Debenture 7.23 15/10/2026 |
7.50
|
|
Export-Import Bank Of India SR W 02 Debenture 5.85 12/09/2025 |
7.41
|
As of 31-Jul-2024, Sundaram Banking & PSU Fund - Direct Plan had invested 95.78% in Debt and 4.22% in Cash & Cash Eq. See More
Sundaram Banking & PSU Fund - Direct Plan is 11 years 7 months old. It has delivered 7.15% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.66%
|
5.40%
|
5.86%
|
6.18%
|
6.85%
|
7.15%
|
No, There is no lock in period in Sundaram Banking & PSU Fund - Direct Plan.
The expense ratio of Sundaram Banking & PSU Fund - Direct Plan is 0.27.
Mutual Funds 
Sundaram Sundaram Banking & PSU Fund - Direct Plan
