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Sundaram Diversified Equity Dividend Review

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Sundaram Diversified Equity Dividend

About Sundaram Mutual Fund 

Sundaram Mutual Fund was founded in the year 1996. It is managed by the Sundaram Asset Management company. It has more than two decades of experience in fund management. It offers a wide range of product in equity, liquid funds and fixed income to cater the interest of various customer base.  

About Sundaram Diversified Equity Dividend 

Sundaram Diversified Equity Dividend fund is an equity mutual fund that was launched by Sundaram mutual fund. Later on, it was introduced on 22nd Nov 1999 to its investors. Currently, the fund is managed by S Krishnakumar. Talking about AUM, it is of INR 2629, and the latest NAV is of INR 11.13 (dated as of 3rd Jan 2020). The fund growth is rated as moderately high risk. The minimum SIP investment is INR 500.  

Investment Objective 

The objective is to achieve capital appreciation by investing pre-dominantly in equity & equity-related instruments. Also, a lock-in-period of 3 years is applicable.  

Tax Implications 

Upto INR 1.5 Lakh will be tax-free under section 80C. And returns will be taxed at 10%.  

Top Holdings 

Top Holdings Weightage
ICICI Bank Ltd 8.03%
Reliance Industries Ltd 6.46%
HDFC Bank Ltd 6.22%
Housing Development Finance Corp Ltd 4.43%
Axis Bank Ltd 4.24%
Larsen & Toubro Ltd 3.99%
Bajaj Finance Ltd 3.38%
SBI Life Insurance Co Ltd 2.85%
Siemens Ltd 2.58%
ICICI Lombard General Insurance Co Ltd 2.53%

 

How to Invest in Sundaram Diversified Equity Dividend Fund with Gulaq?  

Sundaram Diversified Equity Dividend fund investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is sign-in at gulaq.com. Check your KYC for FREE.  

  • Select the Sundaram Diversified Equity Dividend Fund 
  • Fetch the amount you are willing to invest (either SIP or Lumpsum) 
  • Hit ‘Invest Now’ 

Yay! It’s DONE 

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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