Sundaram Corporate Bond Fund - Direct Plan - Growth Option

Sundaram Corporate Bond Fund - Direct Plan - Growth Option

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Debt
Direct
Corporate Bond
NAV: ₹ 37.1 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
22 people have invested ₹ 35.7K in Sundaram Corporate Bond Fund - Direct Plan - Growth Option in the last three months

Mutual Fund Insights

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Over the last 1 month, this fund has experienced a 5.8% drop in AUM moving from 824.86 Cr to 777.41 Cr.
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In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.3% return, outperforming this fund by 0.97% per annum.
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This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.49%.
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In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 8.25% return, outperforming this fund by 1.44%.
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In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 8.08% return, outperforming this fund by 0.73% per annum.

About the Sundaram Corporate Bond Fund - Direct Plan - Growth Option

Sundaram Corporate Bond Fund - Direct Plan - Growth Option is a debt fund. This fund was started on 13 May, 2013. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.

Key Parameters

  1. Sundaram Corporate Bond Fund - Direct Plan - Growth Option has ₹777 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.

Sundaram Corporate Bond Fund - Direct Plan - Growth Option Overview

Expense ratio
Expense ratio
0.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹777 Cr
Inception Date
Inception Date
13 May, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹250
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
26%

Sundaram Corporate Bond Fund - Direct Plan - Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
57.6%
Government
37.5%
Cash Equivalent
4.9%

Top Holdings of Sundaram Corporate Bond Fund - Direct Plan - Growth Option as on (31-Jan-24)

  • Debt & Cash

Debt Holdings25
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
14.89%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
8.95%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
7.64%
0%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
6.43%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
6.38%
0%

Sundaram Corporate Bond Fund - Direct Plan - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 786.4 Cr
₹ 828.5 Cr
₹ 809.8 Cr
  • AUM of the fund stands at 786.4 Cr as of Jan'24
  • AUM decreased by 42.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Sundaram Corporate Bond Fund - Direct Plan - Growth Option Fund Manager

Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Corporate Bond Fund - Direct Plan - Growth Option, since 1 June 2012
Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Corporate Bond Fund - Direct Plan - Growth Option, since 31 July 2010

Sundaram Corporate Bond Fund - Direct Plan - Growth 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 7.5% since inception which is more than its category average return of 5.51%
AUM size ₹777 Cr

AUM size ₹777 Cr

This fund has AUM of ₹777 Cr which is less than its category average of ₹ 5893 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% 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 - Growth Option is ₹37.1 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Sundaram Corporate Bond Fund - Direct Plan - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
3.64%
3.64%
1 Year Returns
6.79%
6.79%
3 Years Returns
16.97%
5.36%
5 Years Returns
42.56%
7.35%
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0.28% as on January 2024
₹777 Cr as on January 2024
7.18% Govt Stock 2033(14.89%), Indian Railway Finance Corporation Limited(8.95%), Small Industries Development Bank Of India(7.64%), 7.06% Govt Stock 2028(6.43%), National Bank For Agriculture And Rural Development(6.38%) as on January 2024
Corporate(53.2%), Government(41.93%), Cash Equivalent(4.88%) as on January 2024
Yield to Maturity is 7.68 as on January 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 2.83 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Sandeep Agarwal, Dwijendra Srivastava are the fund managers of Sundaram Corporate Bond Fund - Direct Plan - Growth Option
The Exit load of Sundaram Corporate Bond Fund - Direct Plan - Growth Option is 0%