Is it good to invest in Sundaram Mutual Fund? (2024)

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% .

Which is the best mutual fund in Sundaram?

What is the average return of Sundaram Mutual Fund?

13.94% Disclaimer: * The benchmark of the fund has changed.

What happened to Sundaram Mutual Fund?

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.

What is the current value of Sundaram Mutual Fund?

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).

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How much return can I expect from mutual funds in 5 years?

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.

Is a 10% return on a mutual fund good?

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.

What is the average 10-year return on mutual funds?

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.

Why are all my mutual funds losing money?

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.

Who owns Sundaram Mutual Fund?

How can I withdraw money from Sundaram Mutual fund?

How to check Sundaram Mutual fund value?

What is the share price of Sundaram equity fund?

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.

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What if I invest $5,000 in mutual funds for 10 years?

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).

What if I invest $1,000 in mutual funds for 10 years?

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.

How much do I need to deposit to get 50000 a month?

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.

How much money do I need to invest to make $1000 a month?

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.

What is the safest investment with the highest return?

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.

How much do I need to invest to make 3000 a month?

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.

What will 10000 be worth in 20 years?

With that, you could expect your $10,000 investment to grow to $34,000 in 20 years.

What if I invest $10,000 every month in mutual funds?

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.

How old is Sundaram mutual fund?

Established in 1996, Sundaram Asset Management Company, manages funds that cater to the investment needs of investors with different risk, reward and liquidity preferences.

What is the minimum investment in Sundaram mutual fund?

Minimum Investment Amount: Lump sum minimum amount for Sundaram Liquid Fund is ₹1,000 and for SIP, it is ₹1,000.

What is the minimum investment in Sundaram Services Fund?

The minimum sip amount for Sundaram Services fund (G) is ₹1000. You can invest in multiples of ₹5000.

Will mutual funds go up in 2023?

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.

How long should you keep money in a mutual fund?

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.

Has anyone lost all money in mutual funds?

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.

Who is the godfather of mutual funds?

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.

What is the old name of Sundaram multi cap fund?

What is Sundaram Balanced Advantage Fund?

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.

Can you withdraw money from a mutual fund without penalty?

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.

Can I withdraw all money from mutual fund anytime?

Yes, you can redeem your mutual fund investments any time you want.

Which fund is best in Sundaram Mutual Fund?

What is the current price of Sundaram Mutual Fund?

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).

What is the price per share of a mutual fund?

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.

Which are the listed companies of Sundaram group?

How can I withdraw my Sundaram Mutual Fund Online?

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.

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Is mutual fund better than bank?

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.

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