Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Banking & Psu
Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl

About the Fund

Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 6 August, 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 Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl has ₹329 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 0.00% since inception. Over the last 1 year the fund has given a CAGR return of 7.07%.

Holdings

Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Indian Oil Corporation Limited, 7.32% Govt Stock 2030, Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl

To generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.27%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹329 Cr
Inception Date6 August, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
111%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
50.4%
Corporate
42.5%
Cash Equivalent
7.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
10.74%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
9.1%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
7.71%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
7.6%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
7.55%
0%

Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl, since 27 July 2010
Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl, since 16 May 2022

Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
AUM size ₹329 Cr

AUM size ₹329 Cr

This fund has AUM of ₹329 Cr which is less than its category average of ₹ 3699 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl is ₹13 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.73%
0.73%
6 Month Returns
3.83%
3.83%
1 Year Returns
7.07%
7.07%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.27% as on May 2024
₹329 Cr as on May 2024
7.18% Govt Stock 2033(10.74%), Indian Oil Corporation Limited(9.1%), 7.32% Govt Stock 2030(7.71%), Rural Electrification Corporation Limited(7.6%), Indian Railway Finance Corporation Limited(7.55%) as on May 2024
Government(50.35%), Corporate(46.92%), Cash Equivalent(2.72%) as on May 2024
Yield to Maturity is 7.52 as on May 2024. 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 2.98 as on May 2024. 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 Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl
The Exit load of Sundaram Banking & PSU Fund Direct Plan Weekly Payout Inc Dist cum Cap Wdrl is 0%