Rating : ★ ★ ★ ☆ ☆

Sundaram Short Term Credit Risk Fund Direct Plan Dividend Reinvestment Option

Debt

  

Credit Risk Fund

NAV

11.9504 +0.0016

(as on 29 Dec, 2020)

RETURNS

1.61 %

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

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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.

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Overview of Sundaram Asset Management Company Ltd

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