Rating : N/A
Sundaram Equity Savings Fund Direct Growth
Equity Savings
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
1%
Asset Size
96.44 Cr.
(As of 31 Jan, 2021)
Benchmark
Nifty Equity Savings Index TR
Riskometer
Investors understand that their principal will be at Moderate Risk.
Objective
The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity. However, there can be no assurance that the investment objective of the Scheme will be realized.
Fund manager
S Krishnakumar
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹100
Minimum investment
₹100
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
ICICI Bank Ltd Ordinary Shares
8.63%
Housing Development Finance Corp Ltd Ordinary Shares
8.14%
Hindustan Unilever Ltd Ordinary Shares
6.57%
Future on ICICI Bank Ltd
6.16%
Sector Allocation
About the Scheme Type
Equity Savings Mutual Funds are an open ended fund scheme which try to balance risk and returns by investing in equities, arbitrage trades and fixed income securities. These are low risk funds given that the use of derivatives reduces the net equity exposure to 35 percent, thereby protecting investors from volatility. These funds are treated at par with equity funds for taxation purposes, because their gross equity exposure is more than 65%. The equity portion of the scheme opens the scheme for higher returns, while its debt component outlays stability to the returns.
Ratings
This fund is rated 0 stars by Morning Star Ratings.