Sundaram Banking & PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹330 Cr
Expense Ratio
0.27%
ISIN
INF903J01PA5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹40.34, Assets Under Management (AUM) of 330.47 Crores, and an expense ratio of 0.27%.
- Sundaram Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.14% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.59% in debts, and 5.06% in cash & cash equivalents.
- You can start investing in Sundaram Banking & PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.33%
+6.00% (Cat Avg.)
3 Years
+5.30%
+4.98% (Cat Avg.)
5 Years
+5.96%
+5.84% (Cat Avg.)
10 Years
+6.84%
+6.22% (Cat Avg.)
Since Inception
+7.14%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹312.58 Cr | 94.59% |
| Others | ₹17.89 Cr | 5.41% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹35.36 Cr | 10.70% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹30.01 Cr | 9.08% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹25.41 Cr | 7.69% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.95 Cr | 7.55% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹24.85 Cr | 7.52% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹24.53 Cr | 7.42% |
| National Housing Bank | Bond - Corporate Bond | ₹20.03 Cr | 6.06% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹19.95 Cr | 6.04% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹19.4 Cr | 5.87% |
| National Bank for Agriculture and Rural Development 7.62% | Bond - Gov't Agency Debt | ₹15 Cr | 4.54% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.93 Cr | 4.52% |
| Cash And Other Net Current Assets^ | Cash - Collateral | ₹10.05 Cr | 3.04% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹10.02 Cr | 3.03% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10 Cr | 3.03% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.08 Cr | 1.54% |
| Power Finance Corp Ltd. 7.6% | Bond - Corporate Bond | ₹5.02 Cr | 1.52% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 1.52% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 1.52% |
| National Bank for Financing Infrastructure & Development 7.43% | Bond - Gov't Agency Debt | ₹5.01 Cr | 1.52% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹4.99 Cr | 1.51% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹4.98 Cr | 1.51% |
| Treps | Cash - Repurchase Agreement | ₹3.68 Cr | 1.11% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹3.02 Cr | 0.92% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹2.99 Cr | 0.90% |
| Corporate Debt Market Development Fund - Class A2 | Mutual Fund - Open End | ₹1.17 Cr | 0.36% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹223.7 Cr | 67.69% |
| Bond - Gov't/Treasury | ₹68.87 Cr | 20.84% |
| Bond - Gov't Agency Debt | ₹20.01 Cr | 6.05% |
| Cash - Collateral | ₹10.05 Cr | 3.04% |
| Cash - Repurchase Agreement | ₹3.68 Cr | 1.11% |
| Cash - CD/Time Deposit | ₹2.99 Cr | 0.90% |
| Mutual Fund - Open End | ₹1.17 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
1.18%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
-0.57
Cat. avg.
-0.64
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.55
Higher the better
Fund Managers
Dwijendra Srivastava
Since July 2010
Sandeep Agarwal
Since May 2022
Additional Scheme Detailsas of 15th July 2024
ISIN | INF903J01PA5 | Expense Ratio | 0.27% | Exit Load | No Charges | Fund Size | ₹330 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Banking & PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14109.10 Cr | 7.2% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹14109.10 Cr | 6.9% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹620.60 Cr | 7.0% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹620.60 Cr | 7.4% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹346.42 Cr | 6.8% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹346.42 Cr | 7.1% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Total AUM
₹61,835 Cr
Address
Sundaram Towers, Chennai, 600 014
Other Funds by Sundaram Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Dwijendra Srivastava
- Sandeep Agarwal
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