Sundaram Money Market Fund Direct Growth

Fund Overview

Fund Size

₹1,356 Cr

Expense Ratio

0.17%

ISIN

INF903JA1FR6

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

26 Sep 2018

About this fund

Sundaram Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 6 years, 9 months and 8 days, having been launched on 26-Sep-18.
As of 03-Jul-25, it has a Net Asset Value (NAV) of ₹15.15, Assets Under Management (AUM) of 1355.66 Crores, and an expense ratio of 0.17%.

Sundaram Money Market Fund Direct Growth has given a CAGR return of 6.33% since inception.
The fund's asset allocation comprises around 0.00% in equities, 13.70% in debts, and 86.20% in cash & cash equivalents.
You can start investing in Sundaram Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.21%

+7.39% (Cat Avg.)

3 Years

+7.39%

+7.03% (Cat Avg.)

5 Years

+5.85%

+5.70% (Cat Avg.)

Since Inception

+6.33%

— (Cat Avg.)

Portfolio Summaryas of 15th June 2025

Debt	₹185.7 Cr	13.70%
Others	₹1,169.96 Cr	86.30%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Reverse Repo	Cash - Repurchase Agreement	₹100 Cr	6.75%
Export Import Bank Of India (20/03/2026)	Cash - CD/Time Deposit	₹81.16 Cr	5.48%
Punjab National Bank (18/03/2026)	Cash - CD/Time Deposit	₹71.63 Cr	4.84%
HDFC Bank Ltd.	Bond - Corporate Bond	₹71.54 Cr	4.83%
Treps	Cash - Repurchase Agreement	₹48.98 Cr	3.31%
Indian Bank	Cash - CD/Time Deposit	₹47.85 Cr	3.23%
Canara Bank**	Cash - CD/Time Deposit	₹47.75 Cr	3.23%
Kotak Mahindra Bank Limited (19/03/2026)	Cash - CD/Time Deposit	₹47.75 Cr	3.23%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹42.9 Cr	2.90%
08.38 Tn SDL 2026	Bond - Gov't/Treasury	₹40.66 Cr	2.75%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹38.31 Cr	2.59%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹38.3 Cr	2.59%
ICICI Securities Limited	Cash - Commercial Paper	₹38.16 Cr	2.58%
Deutsche Investments India Private Limited	Cash - Commercial Paper	₹33.8 Cr	2.28%
Deutsche Investments India Private Limited	Cash - Commercial Paper	₹33.36 Cr	2.25%
Cholamandalam Investment & Finance Co Ltd.	Cash - Commercial Paper	₹32.83 Cr	2.22%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)	Cash - CD/Time Deposit	₹29.62 Cr	2.00%
Axis Bank Limited	Cash - CD/Time Deposit	₹28.84 Cr	1.95%
Bharti Telecom Limited	Cash - Commercial Paper	₹24.43 Cr	1.65%
Au Small Finance Bank Limited	Cash - CD/Time Deposit	₹24.42 Cr	1.65%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹24.25 Cr	1.64%
364 Days Tbill Mat 200226	Bond - Gov't/Treasury	₹24.1 Cr	1.63%
Indian Bank	Cash - CD/Time Deposit	₹24.04 Cr	1.62%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹24.03 Cr	1.62%
Bank Of India	Cash - CD/Time Deposit	₹24.03 Cr	1.62%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹23.99 Cr	1.62%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹23.98 Cr	1.62%
LIC Housing Finance Limited	Cash - Commercial Paper	₹23.97 Cr	1.62%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹23.95 Cr	1.62%
IDBI Bank Limited	Cash - CD/Time Deposit	₹23.94 Cr	1.62%
Kotak Mahindra Bank Ltd.	Bond - Corporate Bond	₹23.9 Cr	1.61%
Canara Bank (13/03/2026)	Cash - CD/Time Deposit	₹23.9 Cr	1.61%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹23.81 Cr	1.61%
HDFC Bank Limited	Cash - CD/Time Deposit	₹23.61 Cr	1.59%
Icici Securities Limited	Cash - Commercial Paper	₹23.54 Cr	1.59%
Axis Bank Ltd.	Bond - Corporate Bond	₹23.52 Cr	1.59%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹23.47 Cr	1.59%
HDFC Bank Limited	Cash - CD/Time Deposit	₹19.23 Cr	1.30%
Pnb Housing Finance Limited	Cash - Commercial Paper	₹14.75 Cr	1.00%
Cholamandalam Investment And Fin. Co. Ltd	Cash - Commercial Paper	₹14.59 Cr	0.99%
IDFC First Bank Ltd. ** #	Cash - CD/Time Deposit	₹14.43 Cr	0.97%
Canara Bank	Cash - CD/Time Deposit	₹14.38 Cr	0.97%
Export-Import Bank Of India	Cash - CD/Time Deposit	₹14.36 Cr	0.97%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹14.34 Cr	0.97%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹14.3 Cr	0.97%
Deutsche Investments India Private Limited	Cash - Commercial Paper	₹9.85 Cr	0.67%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹9.61 Cr	0.65%
Indian Bank	Bond - Gov't Agency Debt	₹4.77 Cr	0.32%
Cholamandalam Investment & Finance Co Ltd.	Cash - Commercial Paper	₹4.69 Cr	0.32%
Corporate Debt Market Development Fund - Class A2	Mutual Fund - Open End	₹1.53 Cr	0.10%
Cash And Other Net Current Assets^	Cash	₹1.33 Cr	0.09%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹767.39 Cr	51.83%
Cash - Commercial Paper	₹358.48 Cr	24.21%
Cash - Repurchase Agreement	₹148.98 Cr	10.06%
Bond - Corporate Bond	₹118.96 Cr	8.04%
Bond - Gov't/Treasury	₹64.77 Cr	4.37%
Bond - Gov't Agency Debt	₹19.07 Cr	1.29%
Mutual Fund - Open End	₹1.53 Cr	0.10%
Cash	₹1.33 Cr	0.09%

Risk & Performance Ratios

Fund Managers

Dwijendra Srivastava

Since May 2022

Sandeep Agarwal

Since September 2018

Additional Scheme Detailsas of 15th June 2025

ISIN

INF903JA1FR6

Expense Ratio

0.17%

Exit Load

No Charges

Fund Size

₹1,356 Cr

Age

6 years 9 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Money Market TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Money Market Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹108.75 Cr	-
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹108.75 Cr	-
Zerodha Nifty 1D Rate Liquid ETF Low Risk	0.3%	-	₹4593.77 Cr	6.1%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2555.64 Cr	8.4%
Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹2555.64 Cr	8.1%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3247.48 Cr	8.2%
ICICI Prudential Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹29330.26 Cr	8.3%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10885.31 Cr	8.3%
Nippon India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹18966.24 Cr	8.3%
Invesco India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹5816.22 Cr	8.1%
Edelweiss Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1684.89 Cr	8.2%
Kotak Money Market Scheme Direct Growth Low to Moderate Risk	0.2%	0.0%	₹31614.36 Cr	8.3%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹17342.65 Cr	8.4%
Axis Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹17342.65 Cr	8.2%
Sundaram Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹1355.66 Cr	8.1%
Sundaram Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1355.66 Cr	8.2%
Invesco India Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹5816.22 Cr	7.9%
UTI Money Market Fund Direct Growth Moderate Risk	0.1%	0.0%	₹18384.56 Cr	8.3%
Aditya BSL Money Manager Fund Direct Growth Moderate Risk	0.2%	0.0%	₹25925.97 Cr	8.3%
SBI Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹30117.56 Cr	8.2%
Tata Money Market Fund Direct Growth Moderate Risk	0.1%	0.0%	₹32034.26 Cr	8.4%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3472.40 Cr	8.4%
Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1569.22 Cr	8.2%
Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹1569.22 Cr	8.0%
DSP Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4226.58 Cr	7.9%
HDFC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹31158.79 Cr	8.3%
PGIM India Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹182.98 Cr	7.8%
PGIM India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹182.98 Cr	8.1%
UTI Money Market Fund Regular Growth Moderate Risk	0.2%	0.0%	₹18384.56 Cr	8.2%
Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹3815.91 Cr	7.7%
Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3815.91 Cr	8.4%
Kotak Money Market Scheme Regular Growth Low to Moderate Risk	0.4%	0.0%	₹31614.36 Cr	8.1%
Aditya BSL Money Manager Fund Regular Growth Moderate Risk	0.3%	0.0%	₹25925.97 Cr	8.1%
Bandhan Money Manager Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹10885.31 Cr	8.0%
DSP Savings Fund Regular Growth Moderate Risk	0.4%	0.0%	₹4226.58 Cr	7.6%
HSBC Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3247.48 Cr	8.0%
SBI Savings Fund Regular Growth Moderate Risk	0.7%	0.0%	₹30117.56 Cr	7.7%
ICICI Prudential Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹29330.26 Cr	8.2%
Nippon India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹18966.24 Cr	8.2%
HDFC Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹31158.79 Cr	8.1%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3472.40 Cr	8.2%
Tata Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹32034.26 Cr	8.1%
LIC MF Money Market Fund Regular Growth Moderate Risk	0.5%	0.0%	₹462.97 Cr	6.7%
LIC MF Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹462.97 Cr	7.1%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹110.48 Cr	7.8%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹110.48 Cr	8.1%
Union Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹178.56 Cr	7.2%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹178.56 Cr	7.9%
Edelweiss Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹1684.89 Cr	7.5%

About the AMC

Sundaram Mutual Fund

+91 44 28583362/3367

https://www.sundarammutual.com/

Total AUM

₹69,002 Cr

Address

Sundaram Towers, Chennai, 600 014

Other Funds by Sundaram Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Sundaram Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹2625.23 Cr	11.5%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹30.17 Cr	4.2%
Sundaram FTP IQ Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.2%	0.0%	₹13.08 Cr	4.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.3%	0.0%	₹75.97 Cr	2.7%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.2%	-	₹33.41 Cr	3.2%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹21.83 Cr	3.9%
Sundaram Long Term Tax Advantage Fund - Series VI Direct Growth Very High Risk	1.1%	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.3%	0.0%	₹35.83 Cr	3.2%
Sundaram Fixed Term Plan Series IM Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹36.39 Cr	4.3%
Sundaram Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2773.02 Cr	4.6%
Sundaram Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹894.70 Cr	0.3%
Sundaram Aggressive Hybrid Fund Direct Growth High Risk	0.7%	1.0%	₹6146.43 Cr	6.2%
Sundaram Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6288.20 Cr	7.3%
Sundaram Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹398.40 Cr	8.7%
Sundaram Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹1049.28 Cr	9.1%
Sundaram Focused Fund Direct Growth Very High Risk	1.3%	0.0%	₹1080.96 Cr	2.6%
Sundaram Nifty 100 Equal Weight Fund Direct Growth Very High Risk	0.6%	0.0%	₹106.22 Cr	0.9%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹214.18 Cr	9.8%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2550.51 Cr	8.0%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.7%	0.0%	₹1359.13 Cr	4.7%
Sundaram Balanced Advantage Fund Direct Growth High Risk	0.6%	1.0%	₹1563.39 Cr	6.8%
Sundaram Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3396.32 Cr	3.8%
Sundaram Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4161.11 Cr	16.6%
Sundaram Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2055.33 Cr	7.7%
Sundaram Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1355.66 Cr	8.2%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.4%	1.0%	₹43.10 Cr	8.6%
Sundaram Infrastructure Advantage Fund Direct Growth Very High Risk	1.9%	0.0%	₹951.58 Cr	-0.8%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	0.0%	₹1547.94 Cr	6.9%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹471.42 Cr	9.6%
Sundaram large and Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹6671.01 Cr	3.2%
Sundaram Global Brand Fund Direct Growth Very High Risk	1.5%	1.0%	₹117.67 Cr	14.1%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹718.88 Cr	9.8%
Sundaram Debt Oriented Hybrid Fund Direct Growth Moderately High risk	1.2%	0.0%	₹27.30 Cr	6.8%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3310.65 Cr	5.2%
Sundaram Diversified Equity Direct Growth Very High Risk	1.7%	0.0%	₹1487.52 Cr	4.4%
Sundaram Consumption Fund Direct Growth Very High Risk	1.3%	0.0%	₹1548.26 Cr	8.5%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹12344.49 Cr	8.3%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹801.18 Cr	6.4%
Sundaram Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹299.25 Cr	7.5%

Risk Level

Your principal amount will be at Moderate Risk

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What is the current NAV of Sundaram Money Market Fund Direct Growth?

The NAV of Sundaram Money Market Fund Direct Growth, as of 03-Jul-2025, is ₹15.15.

What are the returns of Sundaram Money Market Fund Direct Growth?

The fund has generated 8.21% over the last 1 year and 7.39% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Sundaram Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 13.70% in bonds, and 86.20% in cash and cash equivalents.

Who manages the Sundaram Money Market Fund Direct Growth?

The fund managers responsible for Sundaram Money Market Fund Direct Growth are:-

Dwijendra Srivastava
Sandeep Agarwal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,356 Cr

Expense Ratio

0.17%

ISIN

INF903JA1FR6

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

26 Sep 2018

Risk Level

Your principal amount will be at Moderate Risk