Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option
Debt
Direct
Banking & Psu
NAV: ₹ 37.9 as on 21-09-2023
Fund Performance
4 people have invested ₹ 4K in Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.71% return, outperforming this fund by 0.96%.
In the last 5 years, Bandhan Banking & PSU Debt Fund Direct Growth has given 7.96% return, outperforming this fund by 1.43% per annum.
In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has given 6.84% return, outperforming this fund by 2.57% per annum.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.23% which is lower than the category average expense ratio of 0.54%.
Over the last 1 month, this fund has experienced a 11.6% drop in AUM moving from 462.37 Cr to 408.95 Cr.
About the Fund
Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option has ₹409 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option Overview
 | 0.23% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹409 Cr |
 | 1 January, 2013 |
 | ₹5000/₹250 |
 | 0% |
 | No Lock-in |
 TurnOver | 111% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
53.6%
Government
41.8%
Cash Equivalent
4.6%
Top Holdings of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option as on (31-Aug-23)
Debt Holdings22
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 6.55% | 0% | |
Indian Oil Corporation Limited | 6.47% | 0% | |
HDFC Bank Limited | 5.42% | 0% | |
Rural Electrification Corporation Limited | 5.4% | 0% | |
National Housing Bank | 5.39% | 0% |
See all
Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 461.5 Cr as of Aug'23
- AUM decreased by 0.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option Fund Manager
Dwijendra Srivastava
Fund Manager of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option, since 27 July 2010
Top funds managed
Sandeep Agarwal
Fund Manager of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option, since 16 May 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.1% since inception which is more than its category average return of 5.51%
AUM size ₹409 Cr
This fund has AUM of ₹409 Cr which is less than its category average of ₹ 3794 Cr
Expense Ratio 0.23%
This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option is ₹37.9 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 3.77% | 3.77% |
1 Year Returns | 6.75% | 6.75% |
3 Years Returns | 13.37% | 4.27% |
5 Years Returns | 37.16% | 6.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.23% as on August 2023
₹409 Cr as on August 2023
7.38% Govt Stock 2027(6.55%), Indian Oil Corporation Limited(6.47%), HDFC Bank Limited(5.42%), Rural Electrification Corporation Limited(5.4%), National Housing Bank(5.39%) as on August 2023
Corporate(55.59%), Government(34.97%), Cash Equivalent(9.44%) as on August 2023
Yield to Maturity is 7.52 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.23 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Dwijendra Srivastava, Sandeep Agarwal are the fund managers of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option
The Exit load of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option is 0%