How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

Sundaram Long Term Tax Advantage Fund Series III Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW) - Investment Information

Equity
ELSS
Status: Closed

About This Fund

Sundaram Long Term Tax Advantage Fund Series III Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW) The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.

Investment Details

Fund size

₹32.03 Cr.

Min. Investment

₹500

Min. Sip Inv.

₹250

Min. Addl Inv.

₹500

Expense Ratio

1.41%

Turn over

12%

Exit Load

Nil

Basic Details

AMC Information

All Funds from Sundaram

AMC

Sundaram Mutual Fund

dhirent@sundarammutual.com

Office No

044-28583362/3367

Website

https://www.sundarammutual.com

Address

Sundaram Towers, 2nd Floor,46 Whites Road, Royapettah Chennai 600 014

All Funds from Sundaram

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

Fund Suspended: Currently this fund is not available for Investments.

Sundaram Long Term Tax Advantage Fund Series III Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW)

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Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.