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Sundaram Smart NIFTY 100 Eq Weight Fund(D)-Direct Plan

Sundaram Smart NIFTY 100 Eq Weight Fund(D)-Direct Plan
Dividend Yearly
NA
Category
Equity - Large Cap
52-week NAV high
12.90  (As on 31-08-2018)
52-week NAV low
10.88  (As on 26-10-2018)
Expense
0.46%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 2.34 6.94 10.48 0.45 6.53 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jan 12, 2017
Last Dividend
NA
Minimum Investment
5000

Headquartered in Chennai, Sundaram Asset Management Company is the wholly owned subsidiary of Sundaram Finance Limited (SFL) - one of the most prominent non-banking financial companies (NBFCs) in India that caters to several segments of the financial services industry of the country. Promoted by Stewart Newton Holdings (Mauritius) Ltd. and Sundaram Finance Ltd. in 1996, the company has been outperforming in the long-term midcap space and has a strong retail orientation along with an investor-friendly dividend payout policy. These factors combined with its 20 years of experience have allowed the company to build customer loyalty. Sundaram Asset Management Company has 93 customer care centers across the length and breadth of the country along with an office in Dubai and a wholly owned subsidiary in Singapore. While the company was the first to launch innovations such as Mid-cap, Leadership, Rural India, Capex, and Micro-cap series of funds, it caters to investors according to their range of risk, liquidity, returns preferences by offering products in fixed-income, liquid, and equity fund spaces.

Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend primarily invests in equity and equity-related instruments to generate long-term returns. With a moderately high risk factor, this scheme offers both Regular and Direct Plans according to the investment goals of the unitholders. Furthermore, there are 2 investment options available under this plan namely Growth and Dividend Options. These are further divided into 2 categories - Dividend Payout and Dividend Reinvestment. While this scheme doesn’t have an exit load, customers can benefit by opting for the Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and Systematic Withdrawal Plan (SWP) as per the convenience of the investors.

Investment Objective of Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

The objective of this scheme is to generate capital growth by predominantly investing in equity and equity-related instruments of companies which follow the Nifty 100 Equal Weighted Index. The investment should be in the same proportion as in the index and endeavour. It should be noted that this plan is subject to a tracking error of 2%.

Key Features of Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

Some of the significant features of the Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend are as indicated in the table below:

Type of fund

An open-ended scheme that follows the Nifty 100 Equal Weighted Index

Plans available

  • Regular Plan
  • Direct Plan

Options under each plan

  • Growth
  • Dividend
    • Dividend Payout
    • Dividend Reinvestment

The default investment option under this scheme is the Growth option while the default sub-option is Dividend Reinvestment.

Risk

Moderately high

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

The information in this section should be tabulated as shown in the example below:

Minimum application amount

Rs.5,000 and multiples of Re.1 subsequently

Minimum additional investment

Rs.500 and multiples of Re.1 subsequently

Minimum installment for Systematic Investment Plan (SIP)

  • Weekly SIP (every Wednesday) - Rs.1,000
  • Monthly SIP - Rs.250
  • Quarterly SIP - Rs.750

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.1,000 on a weekly, monthly, or quarterly basis

Entry Load

Not applicable

Exit Load

Nil

Asset Allocation for Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

Instruments

Allocations (Percentage of total assets)

Risk Profile

Equity and equity-related instruments that are covered by NIFTY 100 Equal Weighted Index

95% to 100%

High

Debt, cash, and money market instruments including cBLO and reverse repos

0% to 5%

Low to medium

NAV Disclosure and Benchmark for Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

NAV - The redemptions and switch-outs of units under this mutual fund are subject to the Net Asset Value (NAV) of units on that particular business day. After an individual invests in this scheme, the first NAV is calculated and published within 5 working days from the date of allotment of units. Thereafter, the NAV is determined and published on each business day according to the guidelines of the Board. This NAV is also updated on the official website of the asset management company at www.sundarammtual.com in addition to the Association of Mutual Funds in India (AMFI) website at www.amfiindia.com by 9:00 p.m. of each working day.

Benchmark index - The performance of the Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend scheme is measured by benchmarking against the Nifty 100 Equal Weighted Index.

Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend Fund Manager

The fund manager of Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend is Mr. S. Bharath who uses his years of knowledge and expertise to offer investors the right solution according to their specific investment goals and risk-taking capacity.

Why You Should Invest in Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Dividend

This mutual fund caters to the investment needs of individuals who are looking for long-term capital appreciation through investments in equity and equity-related instruments of companies that are covered under the NIFTY 100 Equal Weighted Index.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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