Overview
Sundaram Banking & PSU Fund Direct Growth
Sundaram Mutual Fund
The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Investments in Sundaram Banking & PSU Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 43.2618
Fund Size (AUM)
₹352.67 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹250
Launch Date
09-Jan-2013
Expense Ratio
0.27%
Exit Load
Nil
Benchmark
Nifty Banking & PSU Debt Index A-II
Standard Deviation
1.29
History
Performance & Ratios
1-Year SIP Return
8.84%
3-Year SIP Return
7.79%
5-Year SIP Return
6.48%
Mean Return
7.07%
Alpha
5.68
Beta
2.64
Sharpe Ratio
0.14
Sortino Ratio
0.16
Information Ratio
2.27
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.75% | 7.16% | 6.08% | 7.99% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 13 | 14 | 16 | N/A |
Holdings (26)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 8.78% |
| Indian Oil Corporation Ltd. | Energy | NCD | 8.57% |
| REC Ltd. | Financial | Debenture | 7.15% |
| HDFC Bank Ltd. | Financial | Debenture | 7.13% |
| National Housing Bank | Financial | Debenture | 5.72% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.68% |
| Power Finance Corporation Ltd. | Financial | NCD | 5.58% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.32% |
| GOI | Sovereign | GOI Sec | 4.32% |
| Export-Import Bank Of India | Financial | Bonds | 4.29% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 250
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 5
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
Sundaram Mutual Fund
Sundaram Mutual Fund started their mutual fund on 26/02/1996 and its managing total assets of ₹33,150 Cr. Its ranked at 14 as per total assets at end of 30th Sep 2017. Sundaram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
This asset management company has an experience of over 20 years and is a wholly owned subsidiary of an extremely prestigious NBFC - Sundaram Finance Limited.
With a wide range of products offered under the Sundaram banner, Sundaram mutual funds have also made a mark in the financial industry. It offers a wide range of schemes, starting from equity, debt, income and liquid funds.
The fund management team boasts of an excellent research and analytical team that analyzes market conditions to optimize investor's returns.
For investors who want a regular income the main focus is on improving the credit quality of the portfolio. Sundaram was the first to launch funds in themes such as Mid-cap, Capex, Leadership, Rural India and Micro cap.
It targets to increase the value of each and every stakeholder and aspires to hold a high degree of business ethics.
Launch Date
1996-02-26T00:00:00.316Z
Total AUM
₹ 64175.83 Cr
Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Sundaram Banking & PSU Fund Direct Growth
Sundaram Mutual Fund
You May Be Interested In
DSP Bond Direct Growth
Medium Duration
Bandhan Money Manager Fund Direct Growth
Money Market
Baroda BNP Paribas Dynamic Bond Plan Direct Growth
Dynamic Bond
LIC MF Overnight Fund Direct Growth
Overnight
Mahindra Manulife Low Duration Fund Direct Growth
Low Duration
Baroda BNP Paribas Short Duration Fund Direct Fund Growth
Short Duration
Aditya Birla Sun Life Income Fund Direct Growth
Medium to Long Duration
Bandhan Floating Rate Fund Direct Growth
Floater
DSP Short Term Fund Direct Plan Growth
Short Duration
UTI Gilt Fund Direct Growth
Gilt
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Sundaram Banking & PSU Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Sundaram Banking & PSU Fund Direct Growth?
The top stocks held by Sundaram Banking & PSU Fund Direct Growth include GOI, Indian Oil Corporation Ltd., REC Ltd..
Which industries does Sundaram Banking & PSU Fund Direct Growth invest in?
Sundaram Banking & PSU Fund Direct Growth primarily invests in the following industries: Sovereign, Energy, Financial.
Who are the fund managers of Sundaram Banking & PSU Fund Direct Growth?
The fund managers of Sundaram Banking & PSU Fund Direct Growth are Dwijendra Srivastava and Sandeep Agarwal.
How many years has the fund manager been managing Sundaram Banking & PSU Fund Direct Growth?
Dwijendra Srivastava:
Calculating...
Sandeep Agarwal:
Calculating...
What is the minimum investment for Sundaram Banking & PSU Fund Direct Growth?
The minimum investment for Sundaram Banking & PSU Fund Direct Growth is ₹5000 for lumpsum investments and ₹250 for SIPs.
What are the average 1-year returns for Sundaram Banking & PSU Fund Direct Growth?
Calculating...
What are the average 3-year returns for Sundaram Banking & PSU Fund Direct Growth?
Calculating...
What is the expense ratio of Sundaram Banking & PSU Fund Direct Growth, and how does it compare to its category?
The expense ratio of Sundaram Banking & PSU Fund Direct Growth is 0.27%. The average expense ratio for similar funds in the Debt is Calculating....