Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option

Debt
Direct
Corporate Bond
Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option

About the Fund

Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option is a debt fund. This fund was started on 23 September, 2016. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option has ₹709 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 Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option has given a CAGR return of 6.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.96%, 5.34% and 6.93% respectively.

Holdings

Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Indian Railway Finance Corporation Limited, Small Industries Development Bank Of India, National Housing Bank, 7.32% Govt Stock 2030

Taxation

As it is a corporate bond 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 Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option

To generate income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.32%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹709 Cr
Inception Date23 September, 2016
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
26%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
50.7%
Government
41.8%
Cash Equivalent
7.5%
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
14.95%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
9.1%
-7.1%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
8.41%
0%
National Housing Bank
National Housing Bank
5.62%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
4.29%
0%

Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option, since 31 July 2010
Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option, since 1 June 2012

Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option 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 6.45% since inception which is more than its category average return of 5.48%
AUM size ₹709 Cr

AUM size ₹709 Cr

This fund has AUM of ₹709 Cr which is less than its category average of ₹ 6169 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option is ₹17.18 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option
Absolute Returns
CAGR Returns
1 Month Returns
0.7%
0.7%
6 Month Returns
3.82%
3.82%
1 Year Returns
6.96%
6.96%
3 Years Returns
16.88%
5.34%
5 Years Returns
39.82%
6.93%
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.
0.32% as on May 2024
₹709 Cr as on May 2024
7.18% Govt Stock 2033(14.95%), Indian Railway Finance Corporation Limited(9.1%), Small Industries Development Bank Of India(8.41%), National Housing Bank(5.62%), 7.32% Govt Stock 2030(4.29%) as on May 2024
Corporate(50.71%), Government(41.8%), Cash Equivalent(7.49%) as on May 2024
Yield to Maturity is 7.64 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 3.04 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 Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option
The Exit load of Sundaram Corporate Bond Fund Direct Plan Annual Transfer Inc Dist cum Cap Wdrl option is 0%