NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹28.43
-3.67%
NAV as on 16 Jan 25, 12:00 AM
very high risk
equity consumption
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
equity consumption
equity
20.49%p.a.
Last 1Y
19.65%p.a.
Last 3Y
17.75%p.a.
Last 5Y
12.81%p.a.
Since Inception
About Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal scheme from Sundaram Asset Management Company Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on May 2006, Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal is Equity - Consumption fund of its category with 1,585.66 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal delivered 20.5% annual returns during the last year. It has delivered 12.8% average annual returns since the fund was launched.
- Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit directly from consumption led demand in India.
Top 10 Holdings
Bharti Airtel Ltd
9.64%
ITC Ltd
8.99%
Mahindra & Mahindra Ltd
6.56%
Titan Co Ltd
6.21%
Hindustan Unilever Ltd
5.51%
Zomato Ltd
5.29%
Maruti Suzuki India Ltd
4.70%
United Spirits Ltd
4.37%
Safari Industries (India) Ltd
4.00%
Kalyan Jewellers India Ltd
3.82%
Fund Managers
- Ratish Varier (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal SIP Calculator
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NRI Mutual Fund Tax on Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Sundaram Consumption Fund Payout of Income Distribution cum Capital Withdrawal
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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