Sundaram Consumption Fund(Formerly Known as Sundaram Rural and Consumption Fund Regular Plan - Growth)

Sundaram Consumption Fund(Formerly Known as Sundaram Rural and Consumption Fund Regular Plan - Growth) is a scheme launched by Sundaram Mutual Fund on May 15, 2006, and falls under the Consumption fund category. It currently manages an AUM of Rs 1,599.12 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 2.19% for managing the portfolio.

• Investing Strategy:

  "The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit directly from consumption led demand in India."

• Performance:

  Sundaram Consumption Fund(Formerly Known as Sundaram Rural and Consumption Fund Regular Plan - Growth) trailing returns over different times are -2.11% (1 year), 16.7% (3 year) and 19.59% (5 year). The average annual return of this fund stands at 12.78%.