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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹330 Cr

Lock In Period

N/A

Expense Ratio

0.41

Benchmark

Nifty Banking & PSU Debt Index A-II

Exit Load

Nil

Summary

Latest details for Sundaram Banking & PSU Fund - Retail Plan Growth include a ₹35.6206 NAV as of Jun 28,2024 and returns since inception of 15.61%. Minimum investments start at SIP ₹0. The Sundaram Banking & PSU Fund - Retail Plan Growth AUM is ₹330 Cr, with a lock-in of N/A years, expense ratio of 0.41%, and benchmark Nifty Banking & PSU Debt Index A-II. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.56% returns, against a category average of 1.89% and a category best of 2.46%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.561.892.46
6M3.751.865.84
1Y6.916.219.60
3Y4.9516.6028.10

Portfolio Analysis

  • Equity:
  • Debt: 99.64%
  • Others
As on: 2024-07-15
View allocation % by

1. 7.18% Government Securities - 14/08/203310.70%
2. Indian Oil Corporation Ltd - 7.44% - 25/11/20279.08%
3. 7.32% Government Securities-13/11/20307.69%
4. REC LTD - 7.55% - 31/03/20287.55%
5. Indian Railway Finance Corporation Ltd - 7.23% - 15/10/20267.52%
6. Export Import Bank of India - 5.85% - 12/09/20257.42%
7. National Housing Bank - 7.59% - 14/07/20276.06%
8. Small Industries Development Bank of India - 7.54% - 12/01/20266.04%
9. Power Finance Corporation Ltd - 6.09% - 27/08/20265.87%
10. National Bank for Agriculture & Rural Development - 7.62% - 10/05/20294.54%
11. National Bank for Agriculture & Rural Development - 7.4% - 30/01/20264.52%
12. LIC Housing Finance Ltd - 7.95% - 29/01/20283.03%
13. Power Grid Corporation of India Ltd - 7.35% - 12/03/20343.03%
14. Cash and Other Net Current Assets3.02%
15. 7.37% Government Securities-23/10/20281.54%
16. Power Finance Corporation Ltd - 7.6% - 13/04/20291.52%
17. Indian Railway Finance Corporation Ltd - 7.68% - 24/11/20261.52%
18. REC LTD - 7.77% - 30/09/20261.52%
19. National Bank for Financing Infrastructure and Development - 7.43% - 04/07/20341.52%
20. Kotak Mahindra Prime Ltd - 8.09% - 09/11/20261.51%
21. Small Industries Development Bank of India - 7.47% - 25/11/20251.51%
22. TREPS1.11%
23. 7.10% Central Government Securities 08/04/20340.92%
24. Axis Bank Ltd - 09/08/20240.90%

About Fund

Sundaram Banking & PSU Fund - Retail Plan Growth managed by Sundaram Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹330 Crore. The fund benchmarks its performance against the Nifty Banking & PSU Debt Index A-II while maintaining an expense ratio of 0.41. Under the expert guidance of Dwijendra Srivastava ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Dwijendra Srivastava

Mr. Dwijendra holds Chartered Financial Analyst from CFA Institute, USA. He is also a Textile Engineer with Post Graduate Diploma in Finance. He was associated with Deutsche Asset Management (India) Ltd., as Vice President and Fund Manager since 2007, spearheading debt schemes. He was also involved in new product development. Before that he was with JM and Tata Asset Management Company Private Ltd., as fund manager.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundPGIM India Banking and PSU Debt Fund Growth054.93 CR0.43
This FundSundaram Banking & PSU Fund - Retail Plan Growth0330.47 CR0.41
This FundFranklin India Banking & PSU Debt Fund Growth4473.03 CR0.47
This FundICICI Prudential Banking and PSU Debt Fund Growth59109.42 CR0.73
Fund Name1Y3Y
This FundPGIM India Banking and PSU Debt Fund Growth5.848414.2428
This FundSundaram Banking & PSU Fund - Retail Plan Growth6.890815.5791
This FundFranklin India Banking & PSU Debt Fund Growth6.225123.1001
This FundICICI Prudential Banking and PSU Debt Fund Growth5.420423.2734

FAQs

Sundaram Banking & PSU Fund - Retail Plan Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Sundaram Banking & PSU Fund - Retail Plan Growth is 0.41. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Sundaram Banking & PSU Fund - Retail Plan Growth’s fund performance is as follows:
  • 1 Month : 0.56%
  • 6 Months : 3.75%
  • 1 Year : 6.91%
  • 3 Years : 4.95%
Returns of Sundaram Banking & PSU Fund - Retail Plan Growth are updated daily based on NAV of ₹ 35.6206 as on Jun 28,2024. Since inception, the return has been 15.61%.

You can invest in Sundaram Banking & PSU Fund - Retail Plan Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Sundaram Banking & PSU Fund - Retail Plan Growth is ₹330 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Sundaram Banking & PSU Fund - Retail Plan Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500