• Mutual Funds
  • Sundaram Mutual Fund
  • Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)

Formerly Sundaram Banking & PSU Debt Reg Dl DR

Sundaram Mutual Fund

Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)

DebtBanking And Psu

10.3522

NAV (Jan 24)

5.6%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in banking and psu mutual funds.

However, Scripbox does not recommend investing in banking and psu mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

18 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

1,012 Cr. Medium within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

10.3522

NAV (Jan 24)

Fund Returns

Last 1Y

2.9%

Last 3Y

5.6%

Last 5Y

5.1%

Last 10Y

5.7%

Since Inception

5.7%

6 Month CAGR

1.2%

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Scheme Information

Investment Objective

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

0.38

Launched (18y ago)

Dec 30, 2004

AUM in Crores

1011.108

ISIN

INF903J01IP8

Lock-in

No Lock-in

Benchmark

NIFTY Banking & PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Dwijendra Srivastava

Fund Manager

user-avatar

Siddharth Chaudhary

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,746 cr

5

₹ 36,350 cr

5

₹ 9,578 cr

5

₹ 29,495 cr

5

₹ 26,926 cr

5

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About the AMC

Sundaram Asset Management Company Ltd

Sundaram Asset Management Company Ltd manages assets worth 57,027 crores and was set up on 26 February 1996. It's current offering of mutual fund schemes includes 160 equity,228 debt and 52 hybrid funds.

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  • tel-amc-about
    044-28583362
  • mail-amc-about
    customerservices@sundarammutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    5%

    7.5%

    5.3%

    6.9%

    4.5%

    5.4%

    4.5%

    5.4%

    20.8%

    15.8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) Review

    Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) is a Banking And Psu Debt fund and has delivered an annualised return of 5.7% over a period of 17 years. The fund was previously known as Sundaram Banking & PSU Debt Reg Dl DR. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Siddharth Chaudhary.

    Nav of Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) as of 24/01/2022 is ₹10.35 with the total AUM as of 25/01/2022 is ₹1011.108. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) was launched on Dec 30, 2004. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) is ₹1000 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 Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) 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 Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) is rated as a 3 fund in Debt and delivered 2.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D).

    Frequently Asked Questions

    What is Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    How to invest in Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    What is the minimum sip amount of Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    Is Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D) good to invest in?

    What is the expense ratio of the Sundaram Banking & PSU Debt Fund Inc Dist cum Cap Wdrl (RIDCW-D)?