Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option

Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option

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Debt
Direct
Banking & Psu

NAV: ₹ 37.9 as on 21-09-2023

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 4K in Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option in the last three months

Fund Insights

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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%.
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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.
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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.
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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%.
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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

  1. 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.
  2. The fund has an expense ratio 0.2.

Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹409 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹250
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
111%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

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 & Cash

Debt Holdings22
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
6.55%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
6.47%
0%
HDFC Bank Limited
HDFC Bank Limited
5.42%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
5.4%
0%
National Housing Bank
National Housing Bank
5.39%
0%

Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 461.5 Cr
₹ 462.4 Cr
₹ 460.1 Cr
  • 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

Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option Fund Manager

Dwijendra Srivastava

Dwijendra Srivastava

Fund Manager of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option, since 27 July 2010
Sandeep Agarwal

Sandeep Agarwal

Fund Manager of Sundaram Banking & PSU Debt Fund - Direct Plan - Growth Option, since 16 May 2022

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

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

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%

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%
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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%