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

Sundaram Smart NIFTY 100 Eq Weight Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - Large Cap
52-week NAV high
12.44  (As on 16-04-2019)
52-week NAV low
10.64  (As on 22-08-2019)
Expense
0.46%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.81 10.24 -1.58 5.18 -0.34 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 12, 2017
Last Dividend
NA
Minimum Investment
100

Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Growth scheme is offered by Sundaram Mutual Fund. It is a fully owned subsidiary of Sundaram Finance Limited, one of India’s oldest and trusted NBFCs. The company has over 20 years of fund management experience.

The Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Growth scheme offers more returns because investors can directly invest in the AMC. This circumvents the distributor commission fees. The growth option offers capital appreciation with long-term gains.

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

The investment objective of the fund is to generate returns that correspond to the underlying Index, before fees and expenses, subject to 2% tracking error. This is done by investing in companies which are part of the Nifty 100 Equal Weighted Index, in the same proportion as in the index.

Key Features of Sundaram Smart Nifty 100 Equal Weight Fund

The Sundaram Smart Nifty 100 Equal Weight Fund is ideal for those looking for long-term capital appreciation. The key features of the fund are given below:

Type of fund

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

Plans available

Regular Plan and Direct Plan

Options under each plan

Growth, Dividend Payout, and 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 - Growth

Minimum application amount

Rs.5000 and subsequently multiples of Re.1

Minimum additional investment

Rs.500 and subsequently multiples of Re.1

Minimum installment for Systematic Investment Plan (SIP)

Weekly - Every Wednesday: Rs.1000

Monthly - Rs.250

Quarterly - Rs.750

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.1000

Entry Load

Nil

Exit Load

Nil

Minimum balance to be maintained in the fund is nil.

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

Instruments

Allocations

(Percentage of net assets)

Minimum Maximum

Risk Profile

Equity and related instruments under the NIFTY 100 Equal Weighted Index

95%

100%

High

Debt, money market, and cash instruments

0%

5%

Low to medium

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

NAV disclosure: The NAV is calculated by adding up the market value of the scheme’s deposits, investments, and other assets and subtracting from this all the liabilities except the reserves, unit capital, and profit and loss account. This amount is then divided by the outstanding number of units in the scheme to produce the NAV.

Liquidity: When the offer period is ongoing, liquidity is the NAV on any business day.

Benchmark Index: Nifty 100 Equal Weighted Index

Manager of Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Growth

The fund manager is S. Bharath, with a decade of experience in the financial industry. He is the Head - Investment Research and Fund Manager, at Sundaram Asset Management Co. Ltd.

Why you should Invest in Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan - Growth

This scheme has a lower expense ratio because it is a direct plan. The growth option results in even greater appreciation over the long term because of the power of compounding interest. This is because the notional profit and the principal are both invested.

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