- Mutual Funds
- Sundaram Mutual Fund
- Sundaram Banking & PSU Fund (Growth)
Formerly Sundaram Banking & PSU Dbt Gr
Sundaram Banking & PSU Fund (Growth)
₹ 35.0813
NAV (Apr 15)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 35.0813
NAV (Apr 15)
Fund Returns
Last 1Y | 6.8% |
Last 3Y | 4.6% |
Last 5Y | 5.9% |
Last 10Y | 6.4% |
Since Inception | 6.7% |
6 Month CAGR | 3.7% |
Scheme Information
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 | 0.37 |
Launched (20y ago) | Dec 30, 2004 |
AUM in Crores | 351.066 |
ISIN | INF903J01IK9 |
Lock-in | No Lock-in |
Benchmark | NIFTY Banking & PSU Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 100000 |
Standard Deviation (3yr) | 1.2 |
Standard Deviation (5yr) | 1.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.73 |
Sharpe Ratio (5yr) | 0.491 |
YTM | 7.63521 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Sundaram Banking & PSU Fund (Growth) | 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.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2033
10%indian oil corporation limited
8.5%hdfc bank limited
8.5%indian railway finance corporation limited
7.1%rural electrification corporation limited
7.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,293 cr | ||
₹ 4,923 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Sundaram Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
13.1% | 8.7% | ||
24.2% | 20.9% | ||
5.1% | 4.8% | ||
24.2% | 13.1% | ||
21.6% | % |
Sundaram Banking & PSU Fund (G) Review
Sundaram Banking & PSU Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 6.7% over a period of 19 years. The fund was previously known as Sundaram Banking & PSU Dbt Gr. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Sandeep Agarwal.
Nav of Sundaram Banking & PSU Fund (G) as of 4/15/2024 is ₹35.08 with the total AUM as of 4/16/2024 is ₹351.066. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Banking & PSU Fund (G) was launched on Dec 30, 2004. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Sundaram Banking & PSU Fund (G) 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 ₹100000. Check your estimated returns on mutual funds by using sip calculator.
Sundaram Banking & PSU Fund (G) 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 (G) is rated as a 1 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Sundaram Banking & PSU Fund (G).
Frequently Asked Questions
What is Sundaram Banking & PSU Fund (G)?
How to invest in Sundaram Banking & PSU Fund (G)?
You can invest in Sundaram Banking & PSU Fund (G) 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 (G)?
The minimum sip amount for Sundaram Banking & PSU Fund (G) is ₹0. You can invest in multiples of ₹100000.
Is Sundaram Banking & PSU Fund (G) good to invest in?
As per Scripbox experts, Sundaram Banking & PSU Fund (G) is a Not Recommended fund. You can investSundaram Banking & PSU Fund (G) 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 (G)?
The expense ratio of the Sundaram Banking & PSU Fund (G) is 0.37% for regular plan.