Sundaram Banking & PSU Fund - Regular - IDCW

Sundaram Banking & PSU Fund - Regular - IDCW is a scheme launched by Sundaram Mutual Fund on December 30, 2004, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs 377.41 crore. The fund permits investments with a minimum SIP of Rs 250 and a lump sum of Rs 5000. It charges an expense ratio of 0.42% for managing the portfolio.

• Investing Strategy:

  To generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds

• Performance:

  Sundaram Banking & PSU Fund - Regular - IDCW trailing returns over different times are -2.94% (1 year), -1% (3 year) and -0.62% (5 year). The average annual return of this fund stands at -3.13%.