Fermor/Mutual Funds/Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth
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Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth
Debt Scheme - Banking and PSU FundDirect Plan, Growth optionLow to Moderate Risk
₹11.71NAV as of 17 Mar 2017Data refreshed 10 hours ago
NAV date
17 Mar 2017
Plan / option
Direct Plan, Growth option
Risk (category)
Low to Moderate
Investment growth calculator
See what a monthly SIP could grow to using this fund's own trailing returns, or check what a real historical lumpsum investment would be worth today.
Monthly investment
₹5,000
Total invested₹6,00,000
Would grow to₹6,00,000
Est. gains₹0 (0.0%)
Projected using Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth's own trailing 5 years annualised return (+0.00%). Actual future returns will vary.
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth has returned +0% over the 1 year to 17 Mar 2017, based on AMFI's historical NAV data.
Returns and Rankings
Fund returns versus category average and rank
Name
1Y
3Y
5Y
Fund returns
+0.00%
+0.00%
+0.00%
Category average (Debt Scheme - Banking and PSU Fund)
+4.88%
+6.88%
+6.03%
Rank (Debt Scheme - Banking and PSU Fund)
20 of 20
19 of 19
18 of 18
Rank and category average are computed live from every AMFI-registered Direct Plan, Growth option scheme sharing this fund's category, not sourced from a third party.
Category Position: Where This Fund Sits Among Its Peers
1 yearRank 20 of 20 · top 100%
Best in categoryLowest
3 yearsRank 19 of 19 · top 100%
Best in categoryLowest
5 yearsRank 18 of 18 · top 100%
Best in categoryLowest
Exit Load, Stamp Duty and Tax
Every purchase carries a flat 0.005% stamp duty. Exit load, charged only within a certain holding period, is set by the AMC per scheme and disclosed in its SID: check there before redeeming if timing matters.
This scheme is taxed as a debt-oriented fund under current rules. For units bought on or after 1 April 2023, the Finance Act 2023 removed both indexation benefit and long-term capital gains treatment: every gain, regardless of how long the units are held, is added to the investor's income and taxed at their applicable income tax slab rate.
Compare Similar Funds
Select up to three peers from the same category to compare side by side with this fund.
Peers are AMFI-registered schemes in the same category from different AMCs; NAV and 1-year return are computed from the same daily AMFI feed as this page. Risk shown for peers reflects the shared category, not an individually disclosed riskometer reading. AAUM is only sourced for this page's own scheme today.
What Is NAV?
NAV is the per-unit price of Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth, published daily under SEBI and AMFI rules. See how mutual fund NAV is calculated for the full mechanics.
This category invests in debt instruments issued by banks, public sector undertakings, and public financial institutions, aiming for relatively lower credit risk within the debt fund universe.
How to Invest in Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth
Investing follows the same five-step process for any AMFI-registered scheme: complete KYC once, choose Direct or Regular, decide lumpsum or SIP using the calculator above, choose Growth or IDCW, then submit through the AMC, a registered platform, or an RTA. See the full step-by-step guide to investing in mutual funds for detail on each step, including the Direct vs Regular and Growth vs IDCW tradeoffs.
Minimum investment amounts (commonly Rs 100-500 for SIPs and Rs 1,000-5,000 for a lumpsum) are set by each AMC and disclosed in the SID; confirm the exact figure for this scheme before investing.
Use the SIP Calculator to project returns from a monthly investment in this category, the Lumpsum Calculator for a one-time investment, the CAGR Calculator to work out the annualised return you have actually earned, and the XIRR Calculator for a series of SIP instalments made on different dates.
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What is the NAV of Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth?
The NAV of Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth is Rs 11.7065 per unit as of 17 Mar 2017, per AMFI's daily NAV data.
What has been the return of Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth?
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth returned +0% over the 1 year to 17 Mar 2017. Periods of 1 year or longer are annualised; shorter periods are point-to-point.
How does Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth rank against similar funds?
Over 3 years, Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth ranks 19 of 19 Direct Plan, Growth option schemes in the "Debt Scheme - Banking and PSU Fund" category, computed live from real AMFI NAV data across every fund in the category.
What does the category "Debt Scheme - Banking and PSU Fund" mean?
This category invests in debt instruments issued by banks, public sector undertakings, and public financial institutions, aiming for relatively lower credit risk within the debt fund universe.
How risky is Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth?
Funds in the "Debt Scheme - Banking and PSU Fund" category are typically placed at Low to Moderate risk on SEBI's mandatory product riskometer. This category invests in relatively higher-credit-quality debt issued by banks and public institutions.
How are gains from Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth taxed?
This scheme is taxed as a debt-oriented fund under current rules. For units bought on or after 1 April 2023, the Finance Act 2023 removed both indexation benefit and long-term capital gains treatment: every gain, regardless of how long the units are held, is added to the investor's income and taxed at their applicable income tax slab rate.
What are similar funds to Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth?
Other AMCs run schemes in the same "Debt Scheme - Banking and PSU Fund" category, including Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth, Axis Banking & PSU Debt Fund - Direct Plan - Growth Option, Bajaj Finserv Banking and PSU Fund-Direct Plan- Growth. Compare their NAV and 1-year returns in the "Compare Similar Funds" section on this page.
Disclaimer: NAV and historical return data is sourced from AMFI and refreshed daily. Risk profile and tax treatment described on this page are general, category-level information, not this specific scheme's officially disclosed riskometer level or individualised tax advice. Category average and rank are computed live from real AMFI NAV data across the category and may include or exclude schemes depending on what history Fermor has recorded for each one. Mutual fund investments are subject to market risk. Past performance does not indicate future returns. This page is for informational purposes only and does not constitute investment advice. Consult a SEBI-registered investment adviser or a chartered accountant before making investment or tax decisions.
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking & PSU Debt Fund) - Direct Growth
