Formerly Sundaram Banking & PSU Dbt Bns-Bns
₹ 19.7173
NAV (May 09)
Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 19.7173
NAV (May 9)
Last 1Y | 6.6% |
Last 3Y | 4.7% |
Last 5Y | 5.9% |
Last 10Y | 6.7% |
Since Inception | 6.9% |
6 Month CAGR | 3.6% |
To generate income and capital appreciation by predominantly investing in debt instruments of Banks,Public Sector Undertakings,Public Financial Institutions and Municipal Bonds
Expense Ratio | 0.41 |
Launched (11y ago) | Oct 23, 2013 |
AUM in Crores | 346.003 |
ISIN | |
Lock-in | No Lock-in |
Benchmark | NIFTY Banking & PSU Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.1 |
Standard Deviation (5yr) | 1.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.84 |
Sharpe Ratio (5yr) | 0.53 |
YTM | 7.57 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) | 8,44,389 | 1,11,777 | 5.9% | |
EPF | 9,00,761 | 1,68,149 | 8.50% | |
Property | 8,67,662 | 1,35,050 | 7.00% | |
PPF | 8,69,819 | 1,37,207 | 7.10% | |
Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
Gold | 8,46,471 | 1,13,859 | 6.00% | |
Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
7.18% govt stock 2033
10.1%hdfc bank limited
8.7%indian oil corporation limited
8.6%rural electrification corporation limited
7.2%indian railway finance corporation limited
7.2%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 4,963 cr | ||
₹ 10,314 cr | ||
₹ 48,877 cr | ||
₹ 14,469 cr | ||
₹ 14,796 cr |
Sundaram Asset Management Company Ltd
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
12.3% | 8.7% | ||
20.9% | 20.3% | ||
5.2% | 4.8% | ||
21.1% | 12.9% | ||
18.8% | % |
Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is a Banking And Psu Debt fund and has delivered an annualised return of 6.9% over a period of 10 years. The fund was previously known as Sundaram Banking & PSU Dbt Bns-Bns. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Sandeep Agarwal.
Nav of Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) as of 5/9/2024 is ₹19.72 with the total AUM as of 5/10/2024 is ₹346.003. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) was launched on Oct 23, 2013. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.
Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is rated as a 1 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A).
What is Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A)?
How to invest in Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A)?
You can invest in Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A)?
The minimum sip amount for Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) good to invest in?
As per Scripbox experts, Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is a Not Recommended fund. You can investSundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A)?
The expense ratio of the Sundaram Banking & PSU Fund Bonus Bonus Unit (PIDCW-A) is 0.41% for regular plan.