Rating : ★ ★ ★ ☆ ☆
Sundaram Short Term Credit Risk Fund Direct Plan Dividend Reinvestment Option
Credit Risk Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
0%
Asset Size
115.96 Cr.
(As of 30 Nov, 2020)
Benchmark
CRISIL AA Short Term Bond Index
Riskometer
Investors understand that their principal will be at Moderate Risk.
Objective
To generate income and capital appreciation by predominantly investing in AA and below rated corporate bonds
Fund manager
Sandeep Agarwal
Exit load
N / A
Minimum sip
₹0
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
91 DTB 03122020
9.48%
Housing Development Finance Corporation Limited
8.81%
National Bank For Agriculture And Rural Development
8.61%
Rural Electrification Corporation Limited
4.54%
Sector Allocation
About the Scheme Type
Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.
Ratings
This fund is rated 3 stars by Morning Star Ratings.