Sundaram Rural and Consumption Fund was launched on May 12th, 2006 by Sundaram Mutual Fund as Sundaram Rural India Fund. It is an open-ended scheme that provides a multi-cap investment portfolio.
Sundaram Rural and Consumption Fund’s net asset value is Rs. 42.7869 as on June 13th, 2018 and assets under management is Rs. 2627 crore as on May 31st, 2018. It has invested 91.5% in equity and 8.65% in debt. It has invested in 23.56%, 26.87%, 28.85%, and 20.72% in giant-cap, large-cap, mid-cap, and small-cap equities.
Compared to its benchmark, Sundaram Rural and Consumption Fund has invested more in sectors like FMCG, Chemicals, Construction, Automobile, etc., whereas less in Financial sector. Top ten companies in which Sundaram Rural and Consumption Fund has invested majorly are as follows:
An investor can start investing in Sundaram Rural and Consumption Fund with a minimum investment amount of Rs. 5000 in lump sum. He can also invest through SIP mode of investment with a minimum amount of Rs. 250.
There is no entry load that an investor has to bear. However, if an investor redeems within one year of investment, he is bound to pay 1% as exit load.
Fund Managers
Sundaram Rural and Consumption Fund Growth is jointly managed by Mr. S. Krishna Kumar and Mr. S. Bharath.
Mr. S. Krishna Kumar - He has done B.Tech. from National Institute of Technology, Trichy and MBA from LIBA, Chennai. Before joining Sundaram Mutual Fund, he was working with Anush Shares and Securities. He has 20 years of experience and has been managing this scheme since April, 2015. There are many other schemes by Sundaram Mutual Fund that he has been managing such as Sundaram Diversified Equity Fund, Sundaram Small Cap Fund, Sundaram Mid Cap Fund, etc.
Mr. S. Bharath - He has a total of 13 years of experience and has been managing this fund since April, 2018.
Who Should Invest in Sundaram Rural and Consumption Fund?
Investors who wish to invest in schemes that further invest in companies indulged in rural and/or consumption business.
Those investors who are willing to earn long-term capital appreciation through investment in equity and equity-related instruments.
The risk involved in Sundaram Rural and Consumption Fund is moderately high which means only those investors should invest who can digest it.
If you want to invest in Sundaram Rural and Consumption Fund, then log on to MySIPonline. This is a platform that provides an opportunity to invest in a hassle-free and environmental-friendly way. Here, you can even compare this scheme with other such schemes available in the market and can also consult a financial advisor absolutely free of cost. So, what are you waiting for? Just start investing.
