Sundaram BNP Paribas Tax Savings NAV

Mr.Sathish Ramanathan is the fund manager of this scheme. He is an IIT alumnus and equity director of Sundaram BNP Paribas Mutual Fund. He did his MBA from Texas.

This scheme has been generating more returns than benchmark returns since the time of its inception. Since June 2010, this fund has invested in companies like Cairn India, Adani Power, Axis Bank, Reliance Industries and Reliance Infrastructure, etc. You can check the latest stock portfolio from the company’s website. The asset base of this mutual fund is around Rs 1,400 crore.

NAV – Net Asset Value:

There are two options to invest in this scheme, that is, dividends and growth. The NAV for the dividend option on 7-12-2010 is Rs 11.52 and for the growth option is Rs 42.97. You should check the latest NAV on the Sundaram BNP Paribas website or related websites. The NAV differs on each trading day and will be updated on the related websites at the end of each trading day. This fund has declared dividends for investors at the face value of Rs 10. Once the dividend amount is declared and distributed, the fund’s NAV will be reduced by the amount paid as dividend. The maximum dividend declared by this scheme is Rs 5 per unit. This dividend amount has been declared twice since the inception of the fund. It was declared in March 2004 and January 2005.

What is the next step? Get more details and start investing in Sundaram Mutual Fund.

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