Formerly Sundaram Banking & PSU Debt Reg Mn DP
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.
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Rolling Returns metric has been Poor
NAV (Sep 22)
6 Month CAGR
To generate income and capital appreciation by predominantly investing in debt instruments of Banks,Public Sector Undertakings,Public Financial Institutions and Municipal Bonds
Launched (19y ago)
Dec 30, 2004
AUM in Crores
NIFTY Banking & PSU Debt TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Sundaram Banking & PSU Debt Fund (PIDCW-M)||8,25,950||93,338||5%|
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.
cash and other net current assets^7.6%
indian oil corporation limited7.3%
hdfc bank limited6.1%
rural electrification corporation limited6.1%
indian railway finance corporation limited6.1%
Sundaram Asset Management Company Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
Sundaram Banking & PSU Debt Fund (PIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 5.6% over a period of 18 years. The fund was previously known as Sundaram Banking & PSU Debt Reg Mn DP. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Sandeep Agarwal.
Nav of Sundaram Banking & PSU Debt Fund (PIDCW-M) as of 9/22/2023 is ₹11.57 with the total AUM as of 9/23/2023 is ₹408.952. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Banking & PSU Debt Fund (PIDCW-M) 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 (PIDCW-M) 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 (PIDCW-M) 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 (PIDCW-M) is rated as a 1 fund in Debt and delivered 6.5% 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 (PIDCW-M).
What is Sundaram Banking & PSU Debt Fund (PIDCW-M)?
How to invest in Sundaram Banking & PSU Debt Fund (PIDCW-M)?
You can invest in Sundaram Banking & PSU Debt Fund (PIDCW-M) 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 Debt Fund (PIDCW-M)?
The minimum sip amount for Sundaram Banking & PSU Debt Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Sundaram Banking & PSU Debt Fund (PIDCW-M) good to invest in?
As per Scripbox experts, Sundaram Banking & PSU Debt Fund (PIDCW-M) is a Not Recommended fund. You can investSundaram Banking & PSU Debt Fund (PIDCW-M) 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 Debt Fund (PIDCW-M)?
The expense ratio of the Sundaram Banking & PSU Debt Fund (PIDCW-M) is 0.37% for regular plan.