- Mutual Funds
- Sundaram Mutual Fund
- Sundaram Corporate Bond Fund ion (RIDCW-Q)
Formerly Sundaram Corp Bond Qt DR
Sundaram Corporate Bond Fund ion (RIDCW-Q)
₹ 17.4958
NAV (Oct 03)
Corporate bond 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.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).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 Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 17.4958
NAV (Oct 3)
Fund Returns
Last 1Y | 6.1% |
Last 3Y | 4.1% |
Last 5Y | 6.5% |
Last 10Y | 7.2% |
Since Inception | 6.3% |
6 Month CAGR | 2.9% |
Scheme Information
To generate income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds
Expense Ratio | 0.51 |
Launched (19y ago) | Dec 30, 2004 |
AUM in Crores | 812.967 |
ISIN | INF903J01IC6 |
Lock-in | No Lock-in |
Benchmark | NIFTY Corporate Bond B-III TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.4 |
Standard Deviation (5yr) | 2.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.571 |
Sharpe Ratio (5yr) | 0.637 |
YTM | 7.52218 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Sundaram Corporate Bond Fund ion (RIDCW-Q) | 8,56,981 | 1,24,369 | 6.5% | |
| 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
7.06% govt stock 2028
8.6%indian railway finance corporation limited
8.6%small industries development bank of india
7.3%national housing bank
6.1%national bank for agriculture and rural development
6.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Sundaram Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
14.4% | 8.5% | ||
29.2% | 20.1% | ||
31.8% | 12.3% | ||
29.9% | 14.4% | ||
13.7% | 7.4% |
Sundaram Corporate Bond Fund ion (RIDCW-Q) Review
Sundaram Corporate Bond Fund ion (RIDCW-Q) is a Corporate Bond Debt fund and has delivered an annualised return of 6.3% over a period of 18 years. The fund was previously known as Sundaram Corp Bond Qt DR. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Sandeep Agarwal.
Nav of Sundaram Corporate Bond Fund ion (RIDCW-Q) as of 10/3/2023 is ₹17.50 with the total AUM as of 10/4/2023 is ₹812.967. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Corporate Bond Fund ion (RIDCW-Q) was launched on Dec 30, 2004. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Sundaram Corporate Bond Fund ion (RIDCW-Q) 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 Corporate Bond Fund ion (RIDCW-Q) 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 Corporate Bond B-III TR INR.
Sundaram Corporate Bond Fund ion (RIDCW-Q) is rated as a 2 fund in Debt and delivered 6.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Sundaram Corporate Bond Fund ion (RIDCW-Q).
Frequently Asked Questions
What is Sundaram Corporate Bond Fund ion (RIDCW-Q)?
How to invest in Sundaram Corporate Bond Fund ion (RIDCW-Q)?
You can invest in Sundaram Corporate Bond Fund ion (RIDCW-Q) 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 Corporate Bond Fund ion (RIDCW-Q)?
The minimum sip amount for Sundaram Corporate Bond Fund ion (RIDCW-Q) is ₹1000. You can invest in multiples of ₹5000.
Is Sundaram Corporate Bond Fund ion (RIDCW-Q) good to invest in?
As per Scripbox experts, Sundaram Corporate Bond Fund ion (RIDCW-Q) is a Neutral fund. You can investSundaram Corporate Bond Fund ion (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Sundaram Corporate Bond Fund ion (RIDCW-Q)?
The expense ratio of the Sundaram Corporate Bond Fund ion (RIDCW-Q) is 0.51% for regular plan.