Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl

Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.

1. Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl has ₹338 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.4.
   

Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 3.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.56%, 2.62% and 3.71% respectively.

Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Industrial, Corporate, Cash Equivalent, Government. Its top holdings are HDFC Bank Limited, Can Fin Homes Limited, Shriram Finance Limited, Rural Electrification Corporation Limited, Indusind Bank Limited

As it is a low duration 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.

To provide a level of income consistent with liquidity through investments made primarily in money market and debt securities.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Sundaram Low Duration Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.