Is it good to invest in Sundaram Mutual Fund?
It is a fund with Moderately High risk and has given a CAGR/Annualized return of 7.2% since its launch. Ranked 8 in Hybrid Debt category. Return for 2022 was 2.8% , 2021 was 14.5% and 2020 was 7.3% .
- Sundaram Multi Cap Fund Direct-Growth. ...
- Sundaram Tax Savings Fund Direct. ...
- Sundaram Focused Fund Direct-Growth. ...
- Sundaram Dividend Yield Fund Direct-Growth. ...
- Sundaram Aggressive Hybrid Fund Direct-Growth. ...
- Sundaram Balanced Advantage Fund Direct-Growth. ...
- Sundaram Equity Savings Fund Direct-Growth.
13.94% Disclaimer: * The benchmark of the fund has changed.
This merger took place on 31st December 2021. Also, the AMC has also received regulatory approval from the Securities and Exchange Board of India (SEBI) to acquire the asset management business. Post this; some specific Principal MF schemes were merged with conforming schemes of Sundaram MF schemes and vice versa.
1. Current NAV: The Current Net Asset Value of the Sundaram Services Fund - Regular Plan as of Jun 16, 2023 is Rs 23.12 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 16.98% (1yr), 29.55% (3yr) and 19.05% (since launch).
- #1. Fidelity® Growth & Income Portfolio FGRIX.
- #2. Fidelity® New Millennium Fund® FMILX.
- #3. Fidelity® Large Cap Stock Fund FLCSX.
Fund Name | 3-year Return (%)* | 5-year Return (%)* |
---|---|---|
Aditya Birla Sun Life Digital India Fund Direct-Growth | 35.36% | 21.79% |
Nippon India Small Cap Fund Direct- Growth | 47.76% | 21.70% |
Quant Flexi Cap Fund Direct-Growth | 39.63% | 21.60% |
ICICI Prudential Technology Direct Plan-Growth | 37.77% | 21.33% |
If the fund is redeemed before one year, the returns are taxed at 15%; otherwise, consumers must pay 10% in addition to an LTCG tax on returns of INR 1 lakh or more in a financial year. The fund offers a CAGR of 18.08% over five years.
Most investors would view an average annual rate of return of 10% or more as a good ROI for long-term investments in the stock market.
Fund category | YTD 2021 | 10-Year |
---|---|---|
US mid-cap stock | 24.51% | 12.94% |
US small-cap stock | 17.73% | 12.11% |
International large-cap stock | 7.97% | 5.78% |
Long-term bond | -2.66% | 4.75% |
Is it safe to invest in Sundaram Finance?
Sundaram Finance has been accredited with a credit rating of AAA/Stable by CRISIL and AAA/Stable by ICRA. A higher credit rating reflects the company's financial stability and creditworthiness, which may impact the interest rates offered on its FDs.
When mutual fund investors seek higher returns, they invest in equity mutual funds. These are mutual funds that invest in the stock markets. Since they are market-linked, these funds get affected when the market goes down and this is why there are chances of loss in mutual funds too.
Type | Public |
---|---|
Founder | T.S.Santhanam |
Headquarters | Chennai, Tamil Nadu , India |
Key people | Rajiv C Lochan, (Managing Director) |
Products | Mutual funds, Mortgage loans, Insurance, SME Finance; |
- Visit www.sundarammutual.com and click Sign In/ Up. ...
- Login with your User ID and password.
- Click on “Insta Cash Redemption” under the “Transact Online” drop down menu.
- Select the Scheme and Enter the Amount (refer eligible amount displayed below the Amount input)
- You need to have a valid email id registered with Sundaram Mutual Fund Account.
- If not registered, then first get it registered.
- Visit KFINTECH.
- Click “Account Statement” and then click on Account Statement by Email/Folio link.
Fund house & investment objective
The fund currently has an Asset Under Management(AUM) of ₹46,051 Cr and the Latest NAV as of 31 Dec 2021 is ₹17.33.
Rank | Symbol | Fund Name |
---|---|---|
1 | VSMPX | Vanguard Total Stock Market Index Fund;Institutional Plus |
2 | VFIAX | Vanguard 500 Index Fund;Admiral |
3 | FXAIX | Fidelity 500 Index Fund |
4 | VTSAX | Vanguard Total Stock Market Index Fund;Admiral |
STSEX | Blackrock Exchange Portfolio | $1,836.46 |
---|---|---|
PRDGX | T. Rowe Price Dividend Growth Fund | $66.00 |
VWESX | Vanguard Long-Term Investment-Grade Fund | $7.93 |
- HDFC Retirement Savings Fund Equity Plan Direct-Growth. 3Y RETURN35.47% ...
- HDFC Focused 30 Fund Direct Plan-Growth. 3Y RETURN35.30% ...
- HDFC Flexi Cap Direct Plan-Growth. 3Y RETURN34.74% ...
- ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth. 3Y RETURN32.28% ...
- Nippon India Focused Equity Fund Direct-Growth.
- Axis Bluechip Fund Direct-Growth.
- Canara Robeco BlueChip Equity Fund Direct-Growth.
- PGIM India Mid-Cap Opportunities Fund Direct-Growth.
- Axis Mid-Cap Direct-Plan-Growth.
- Nippon India Small Cap Fund Growth.
- SBI Small Cap Fund Direct-Growth.
- Parag Parikh Flexi-Cap Fund Direct-Growth.
Which mutual fund is best for 2023?
Fund | AUM (In Crs) | Expense Ratio |
---|---|---|
ICICI Prudential Equity Savings Fund Direct Growth | ₹4947 Cr | 0.45 % |
Kotak Equity Savings Fund Direct Growth | ₹2369 Cr | 1.01 % |
SBI Equity Savings Direct Growth | ₹2246 Cr | 0.67 % |
Tata Balanced Advantage Fund Direct Growth | ₹6886 Cr | 0.36 % |
- Quant Active Fund. AUM. ...
- Parag Parikh Flexi Cap Fund. EQUITY Flexi Cap. ...
- Quant Large and Mid Cap Fund. AUM. ...
- PGIM India Flexi Cap Fund. EQUITY Flexi Cap. ...
- Kotak Equity Opportunities Fund. ...
- Quant Focused Fund. ...
- Edelweiss Large & Mid Cap Fund. ...
- Mirae Asset Emerging Bluechip Fund.
Calculation of SIP returns
To understand this, let us take an example. A monthly investment of Rs 5,000 for 10 years at an expected rate of return of 12 per cent will earn you Rs 11.61 lakh. The gains made by you in this scenario will be approximately Rs 5.61 lakh (Rs 11.61 lakh minus 5000*10*12).
Evaluating this equation, the future value of the monthly SIP of Rs 1000/month over 10 years at a 12% annual rate of return would be approximately Rs 2.32 lakhs. In this, you are making an investment of Rs 1.2 lakhs and gaining Rs 1.12 lakhs, making a total return Rs 2.32 lakhs.
To get a 50K pension per month, you would need to invest around Rs. 9000 monthly for 10-12 years in such plans. Alternatively, if you save on guaranteed plans of fixed income after retirement there would be low risk but the returns would depend on how the money invested and interest earned.
Investment Required To Make $1,000 In Monthly Income
However, the exact investment required will vary for every investor. Therefore, your precise amount will depend on your specific investments and your return on those investments. Thus, the money required will range from $240,000 to $400,000.
High-quality bonds and fixed-indexed annuities are often considered the safest investments with the highest returns. However, there are many different types of bond funds and annuities, each with risks and rewards. For example, government bonds are generally more stable than corporate bonds based on past performance.
According to FIRE, your portfolio should cover 25 times your annual expenses. Then, if you withdraw 4% of your portfolio every year, your portfolio will continue to grow and won't be compromised. We can apply this formula to the goal of making $3,000 a month like this: $3,000 x 12 months x 25 years = $900,000.
With that, you could expect your $10,000 investment to grow to $34,000 in 20 years.
Even a small investment of Rs. 10,000 in mutual funds can generate substantial returns over a long investment period. The returns will be dependent on various factors like the choice of fund, market trends, and the performance of the particular scheme.
What if I invest 20,000 in mutual fund for 10 years?
If an investor invests 20,000 per month for 10 years at the interest rate of 12%, he will be able to generate INR 47 lakh, i.e., more than double the amount he earned in the first five years. In addition, the earnings in 15 years will double the income that an investor had generated in the first 10 years.
Established in 1996, Sundaram Asset Management Company, manages funds that cater to the investment needs of investors with different risk, reward and liquidity preferences.
Minimum Investment Amount: Lump sum minimum amount for Sundaram Liquid Fund is ₹1,000 and for SIP, it is ₹1,000.
The minimum sip amount for Sundaram Services fund (G) is ₹1000. You can invest in multiples of ₹5000.
Yes, we are talking about debt mutual funds here, not equity mutual funds. Debt mutual funds are likely to offer better returns in 2023. They will offer even higher returns when the RBI starts cutting interest rates.
If you are actually looking at equity funds to help you achieve your long term goals then you at least need to give yourself a holding period of 8-10 years.
The profit and loss in mutual funds depend on the performance of stock and financial market. There is no guarantee you will not lose money in mutual funds. In fact, in certain extreme circ*mstances you could end up losing all your investments. That's why it is advisable to understand how mutual funds work.
John Bogle was the founder of the Vanguard Group and a major proponent of index investing. Commonly referred to as "Jack," Bogle revolutionized the mutual fund world by creating index investing, which allows investors to buy mutual funds that track the broader market.
Scheme Name | Inception Date |
---|---|
Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Growth Option | 05-01-2013 |
Nippon India Multi Cap Fund-Growth Plan-Growth Option | 25-03-2005 |
HDFC Multi Cap Fund - Growth Option | 01-12-2021 |
Kotak Multicap Fund-Regular Plan-Growth | 29-09-2021 |
About Sundaram Balanced Advantage Fund
Sundaram Balanced Advantage Fund Direct-Growth has ₹1,551 Crores worth of assets under management (AUM) as on 31/03/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.57%, which is close to what most other. Dynamic Asset Allocation funds charge.
Should I cash out my mutual funds?
Cashing out mutual funds from an IRA or other qualified retirement account could trigger income tax on earnings, as well as an early withdrawal tax penalty. Withdrawing money from your investments to pay debt means missing out on future growth from compounding interest.
Yes, you can withdraw money from a mutual fund without penalty. However, an “early withdraw” tax penalty can occur very rarely, depending on the class of assets in your mutual fund portfolio and their liquidity. When you withdraw from your mutual funds, you sell the stocks or bonds of your portfolio.
Yes, you can redeem your mutual fund investments any time you want.
- Sundaram Multi Cap Fund Direct-Growth. ...
- Sundaram Tax Savings Fund Direct. ...
- Sundaram Focused Fund Direct-Growth. ...
- Sundaram Dividend Yield Fund Direct-Growth. ...
- Sundaram Aggressive Hybrid Fund Direct-Growth. ...
- Sundaram Balanced Advantage Fund Direct-Growth. ...
- Sundaram Equity Savings Fund Direct-Growth.
1. Current NAV: The Current Net Asset Value of the Sundaram Services Fund - Regular Plan as of Jun 09, 2023 is Rs 22.76 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 14.44% (1yr), 29.72% (3yr) and 18.92% (since launch).
The price per mutual fund share is known as its net asset value (NAV). The NAV is the net value of a fund's assets minus its liabilities (regular expenses), divided by the number of shares outstanding at market close.
- TVS Motor Company.
- Norton Motorcycle Company.
- Sundaram - Clayton Limited.
- TVS Electronics.
- TVS Emerald.
- TVS Srichakra Limited.
- TVS Supply Chain Solutions.
- Sundaram Fasteners Limited.
You simply have to log-on to the 'Online Transaction' page of the desired Mutual Fund and log-in using your Folio Number and/or the PAN, select the Scheme and the number of units (or the amount) you wish to redeem and confirm your transaction.
Mutual Fund | Assets | Expense ratio |
---|---|---|
Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) | $5.4 billion | 0.10% |
PIMCO Total Return (PTTAX) | $56 billion | 0.8% |
The Hartford Short Duration Fund (HSDIX) | $1.9 billion | 0.49% |
T. Rowe Price Capital Appreciation Fund (PRWCX) | $49 billion | 0.72% |
Scheme Name | Expense Ratio | 5Y Return (Annualized) |
---|---|---|
Motilal Oswal Midcap Fund | 0.75% | 19.35% p.a. |
SBI Magnum Midcap Fund | 0.97% | 19.0% p.a. |
Mahindra Manulife Multi Cap Fund | 0.48% | 18.85% p.a. |
SBI Contra Fund | 0.89% | 18.73% p.a. |
Which type of mutual fund is best?
- 1) Canara Robeco Equity Tax Saver Fund.
- 2) ICICI Prudential Equity & Debt Fund.
- 3) DSP Tax Saver Fund.
- 4) Mirae Asset Tax Saver Fund.
- 5) Kotak Tax Saver Fund.
- 6) Edelweiss Aggressive Hybrid Fund.
- 7) SBI Equity Hybrid Fund.
- 8) Baroda BNP Paribas Aggressive Hybrid Fund.
Funds | Riskometer | Ret(₹ 1lakh) RETURN % |
---|---|---|
Kotak Bluechip Dir Invest Online | Very High | 1,25,244 25.24 |
LIC MF S&P BSE Sensex Index Dir Invest Online | Very High | 1,23,881 23.88 |
Mahindra Manulife Large Cap Dir | Very High | 1,23,712 23.71 |
Mirae Asset Large Cap Dir Invest Online | Very High | 1,22,522 22.52 |
STSEX | Blackrock Exchange Portfolio | $1,836.46 |
---|---|---|
PRDGX | T. Rowe Price Dividend Growth Fund | $66.00 |
VWESX | Vanguard Long-Term Investment-Grade Fund | $7.93 |
- Reliance Large Cap.
- ICICI Prudential Bluechip Equity Fund.
- ICICI Prudential Bluechip Equity Fund.
- Tata Equity P/E Fund.
- HDFC Small Cap Fund.
- Aditya Birla Sun Life Tax Relief 96.
- ICICI Prudential Equity & Debt Fund.
- Mirae Asset India Equity Fund.
- Tata Digital India Fund – Direct Plan-Growth. ...
- ICICI Prudential Technology Fund – Direct Plan-Growth. ...
- SBI Technology Opportunities Fund – Direct Plan-Growth. ...
- Aditya Birla Sun Life Digital India Fund – Direct Plan-Growth.
S.No. | Fund Name |
---|---|
1. | Franklin India Short-Term Income Plan – Direct Plan-Growth |
2. | Edelweiss Banking and PSU Debt Fund – Direct Plan-Growth |
3. | Nippon India Short-Term Fund – Growth |
4. | IDFC Bond Fund – Short-Term Plan Regular Plan-Growth |
Best SIP Plans for 10 Years | 5–Year Annualised Returns |
---|---|
Canara Robeco Emerging Equities Fund – Direct Plan-Growth | 12.19% |
Mirae Asset Large Cap Fund – Direct Plan-Growth | 12.18% |
Axis Focused 25 Fund – Direct Plan-Growth | 8.52% |
Long-term investors: Mutual funds are an excellent choice for investors with a long-term investment horizon. That's because over the long term, they can provide much better returns than bank deposits. Plus, their volatility also gets smoothed out.
Ticker | Name | 5-year return |
---|---|---|
PRBLX | Parnassus Core Equity Investor | 12.09% |
SRFMX | Sarofim Equity | 11.71% |
FGRTX | Fidelity® Mega Cap Stock | 11.63% |
PRCOX | T. Rowe Price U.S. Equity Research | 11.42% |
- Identify Goals and Risk Tolerance.
- Style and Fund Type.
- Fees and Loads.
- Passive vs. Active Management.
- Evaluating Managers and Past Results.
- Size of the Fund.
- History Often Doesn't Repeat.
- Selecting What Really Matters.
How do you know if a mutual fund is good or bad?
- Expense Ratio. The expense ratio is the percentage of total assets that a mutual fund charges an investor annually for managing their money. ...
- Fund Performance vs Benchmark Performance. ...
- Risk Level. ...
- Fund's History. ...
- Portfolio Turnover Ratio. ...
- Fund Manager.