Sundaram Corporate Bond Fund - Direct Plan - Growth Option
Debt
Direct
Corporate Bond
NAV: ₹ 37.71 as on 16-05-2024
About the Fund
Sundaram Corporate Bond Fund - Direct Plan - Growth Option is a debt fund. This fund was started on 13 May, 2013. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Corporate Bond Fund - Direct Plan - Growth Option has ₹760 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
14 people have invested ₹ 29.5K in Sundaram Corporate Bond Fund - Direct Plan - Growth Option in the last three months
Overview
 | 0.32% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹760 Cr |
 | 13 May, 2013 |
 | ₹5000/₹250 |
 | 0% |
 | No Lock-in |
 TurnOver | 26% |
Sundaram Corporate Bond Fund - Direct Plan - Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
52.5%
Government
41.5%
Cash Equivalent
6%
Top Holdings of Sundaram Corporate Bond Fund - Direct Plan - Growth Option as on (30-Apr-24)
Debt Holdings24
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 14.46% | 0% | |
Indian Railway Finance Corporation Limited | 9.15% | 0% | |
Small Industries Development Bank Of India | 7.83% | 0% | |
7.06% Govt Stock 2028 | 5.9% | 0% | |
Power Finance Corporation Ltd. | 5.25% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 759.7 Cr as of Apr'24
- AUM decreased by 20.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.22% return, outperforming this fund by 1.02% per annum.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.49%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.81% return, outperforming this fund by 0.61% per annum.
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.66% return, outperforming this fund by 0.97%.
Over the last 6 months, this fund has experienced a 6.2% drop in AUM moving from 809.86 Cr to 759.68 Cr.
Peer Analysis
Fund Manager
Sandeep Agarwal
Fund Manager of Sundaram Corporate Bond Fund - Direct Plan - Growth Option, since 1 June 2012
Top funds managed
Dwijendra Srivastava
Fund Manager of Sundaram Corporate Bond Fund - Direct Plan - Growth Option, since 31 July 2010
Top funds managed
Sundaram Corporate Bond Fund - Direct Plan - Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.49% since inception which is more than its category average return of 5.47%
AUM size ₹760 Cr
This fund has AUM of ₹760 Cr which is less than its category average of ₹ 6116 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Sundaram Corporate Bond Fund - Direct Plan - Growth Option is ₹37.71 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Sundaram Corporate Bond Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 6.69% | 6.69% |
3 Years Returns | 16.43% | 5.2% |
5 Years Returns | 41.57% | 7.2% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.32% as on April 2024
₹760 Cr as on April 2024
7.18% Govt Stock 2033(14.46%), Indian Railway Finance Corporation Limited(9.15%), Small Industries Development Bank Of India(7.83%), 7.06% Govt Stock 2028(5.9%), Power Finance Corporation Ltd.(5.25%) as on April 2024
Corporate(52.51%), Government(41.46%), Cash Equivalent(6.04%) as on April 2024
Yield to Maturity is 7.64 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.04 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Sandeep Agarwal, Dwijendra Srivastava are the fund managers of Sundaram Corporate Bond Fund - Direct Plan - Growth Option
The Exit load of Sundaram Corporate Bond Fund - Direct Plan - Growth Option is 0%