Sundaram Mutual Fund

Factors to Consider Before Investing in Sundaram Mutual Fund

When it comes to investing in Sundaram Mutual Funds, there are some factors that you need to consider to make an informed decision. These factors are as follows:

Investment duration

Different mutual funds have different investment durations, so it is essential to consider how long you want to invest your money. Some funds are suitable for short-term investments, while others are better for long-term investment goals. Your investment duration will influence the type of mutual funds you need to consider.

Fund performance

Check the past performance of different funds offered by the Sundaram Mutual Fund AMC. Look at their past 3 to 5 years' performance, compared to their respective benchmarks. For example, over the past 3 years, the Sundaram Small Cap Fund has delivered a consistent return of 30.37%, indicating strong performance.

Investment returns

Choose funds that have provided consistent returns over the years, especially over the long term. 

AMC reputation

Look into the past performance of the Asset Management Company (AMC) and how well they have managed various mutual funds. Assess their track record for generating profits over the years. Not all AMCs have the same reputation, so it is crucial to check their performance.

Expense ratio

It includes the expenses for managing the fund, promoting it, distributing it, and other operational costs. The expense ratio typically falls between 1-2%, but the Securities and Exchange Board of India (SEBI) has capped it at 2.25% of the total funds.

Exit load

It is a fee charged by the fund house if you decide to withdraw your investment before a specified period. Not all mutual fund schemes have exit loads, so it is essential to check the fund's agreement to understand the applicable charges.

How to Start Investing with Sundaram Mutual Fund with INDmoney?

After you have understood the details about Sundaram Mutual Fund, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.

Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).

Step 2: Once your Free investment account is ready, you can either search for Sundaram Mutual Fund or go to the mutual fund section.

Step 3: Choose any Sundaram Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.

Step 4: You can choose to set up SIP in any Sundaram Mutual Fund or even invest as a lump sum. Once you are on the individual Sundaram Mutual Fund page, click "One-time" for lump sum investment or "SIP" for a systematic investment plan. 

Step 5: Choose the amount that you want to invest as SIP or Lump Sum. 

Step 6: Set up payments. If you choose to set up SIP in any Sundaram Mutual Fund, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time) then you can pay via UPI, net banking, NEFT or RTGS.