Sundaram Long Term Tax Advantage Fund Series VI Direct Growth

Sundaram Long Term Tax Advantage Fund Series VI Direct Growth is a debt fund. This fund was started on 25 December, 2018. The fund is managed by Dwijendra Srivastava, Rohit Seksaria. This fund is suitable to keep your money safe.

1. Sundaram Long Term Tax Advantage Fund Series VI Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 1.1.
   

Sundaram Long Term Tax Advantage Fund Series VI Direct Growth has given a CAGR return of 0.00% since inception.

Sundaram Long Term Tax Advantage Fund Series VI Direct Growth has allocated its funds majorly in . Its top holdings are

As it is a fixed maturity short-term 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. however, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Sundaram Long Term Tax Advantage Fund Series VI Direct Growth has no lock in period.