About Sundaram Banking & PSU Debt Fund Direct-Dividend Daily
Sundaram Banking & PSU Debt Fund Direct-Dividend Daily is a Debt
mutual fund scheme from Sundaram Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Siddharth Chaudhary
and Dwijendra Srivastava
. It has an AUM of ₹1,030.86 Crores and the latest NAV decalared is ₹10.231 as on 14 Oct 2019 at 8:40 pm.
Sundaram Banking & PSU Debt Fund Direct-Dividend Daily scheme return performance in last 1 year is 11.35%, in last 3 years is 23.95% and 67.10% since scheme launch. The min. SIP amount to invest in this scheme is ₹250.
The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.