Dezerv

Fund Overview

Fund Size

Fund Size

₹114 Cr

Expense Ratio

Expense Ratio

0.25%

ISIN

ISIN

INF903JA1FR6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 5 years, 6 months and 20 days, having been launched on 26-Sep-18.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹13.78, Assets Under Management (AUM) of 113.68 Crores, and an expense ratio of 0.25%.
  • Sundaram Money Market Fund Direct Growth has given a CAGR return of 5.96% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 38.53% in debts, and 61.17% 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

+7.36%

+6.12%(Cat. Avg.)

3 Years

+5.54%

+5.20%(Cat. Avg.)

5 Years

+5.67%

+5.26%(Cat. Avg.)

Since Inception

+5.96%

--%(Cat. Avg.)

Portfolio Summaryas of 15th March 2024

Debt43.8 Cr38.53%
Others69.88 Cr61.47%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement11.09 Cr9.76%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit9.35 Cr8.22%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit9.34 Cr8.22%
Axis Bank Ltd.Bond - Corporate Bond9.32 Cr8.20%
HDFC Bank Ltd.Bond - Corporate Bond9.32 Cr8.20%
Punjab National BankCash - CD/Time Deposit9.32 Cr8.20%
DBS Bank India Ltd.Bond - Corporate Bond9.29 Cr8.17%
Icici Securities LimitedCash - Commercial Paper9.28 Cr8.16%
IDFC First Bank Ltd.Bond - Corporate Bond6.52 Cr5.74%
Indusind Bank LimitedCash - CD/Time Deposit6.52 Cr5.73%
364 DTB 22032024Bond - Gov't/Treasury4.99 Cr4.39%
ICICI Bank LimitedCash - CD/Time Deposit4.99 Cr4.39%
ICICI Bank Ltd.Bond - Corporate Bond4.68 Cr4.12%
The Federal Bank LimitedCash - CD/Time Deposit4.67 Cr4.11%
Union Bank of IndiaBond - Gov't Agency Debt4.66 Cr4.10%
Corporate Debt Market Development Fund - Class A2Mutual Fund - Open End0.34 Cr0.30%
Cash And Other Net Current Assets^Cash - Collateral-0.02 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit44.19 Cr38.87%
Bond - Corporate Bond39.14 Cr34.43%
Cash - Repurchase Agreement11.09 Cr9.76%
Cash - Commercial Paper9.28 Cr8.16%
Bond - Gov't/Treasury4.99 Cr4.39%
Bond - Gov't Agency Debt4.66 Cr4.10%
Mutual Fund - Open End0.34 Cr0.30%
Cash - Collateral-0.02 Cr0.01%

Risk & Performance Ratios

Standard Deviation

This fund

0.52%

Cat. avg.

0.68%

Lower the better

Sharpe Ratio

This fund

0.19

Cat. avg.

-0.17

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

Higher the better

Fund Managers

DS

Dwijendra Srivastava

Since May 2022

Sandeep Agarwal

Sandeep Agarwal

Since September 2018

Additional Scheme Detailsas of 15th March 2024

ISININF903JA1FR6Expense Ratio0.25%Exit LoadNo ChargesFund Size₹114 CrAge26 Sep 2018Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Money Market TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹400.39 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹202.26 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹128.98 Cr7.3%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹128.98 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹27.17 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

0.6%0.0%₹27.17 Cr6.5%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹14015.19 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1567.32 Cr7.5%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18241.18 Cr7.5%

About the AMC

Total AUM

₹57,635 Cr

Address

Sundaram Towers, Chennai, 600 014

Other Funds by Sundaram Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Multi Asset Allocation Fund Direct Growth

Moderately High risk

0.2%1.0%₹1988.43 Cr-
Sundaram Emerging Small Cap - Series VI Direct Growth

Low Risk

0.8%0.0%₹45.47 Cr7.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

Very High Risk

1.4%0.0%₹19.48 Cr28.6%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Very High Risk

1.0%0.0%₹32.92 Cr47.2%
Sundaram FTP IQ Direct Growth

Moderate Risk

-0.0%--
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

Very High Risk

1.0%0.0%₹12.49 Cr30.1%
Sundaram Emerging Small Cap - Series VII Direct Growth

Low Risk

1.0%0.0%₹159.75 Cr11.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth

Very High Risk

1.2%0.0%₹81.75 Cr47.6%
Sundaram Emerging Small Cap - Series V Direct Growth

Low Risk

0.8%0.0%₹83.88 Cr7.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Very High Risk

1.0%-₹35.98 Cr48.1%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.0%0.0%₹23.88 Cr48.4%
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%₹38.93 Cr48.2%
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%₹40.24 Cr48.6%
Sundaram Multi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2391.38 Cr42.1%
Sundaram Dividend Yield Fund Direct Growth

Very High Risk

1.0%1.0%₹804.76 Cr45.7%
Sundaram Aggressive Hybrid Fund Direct Growth

High Risk

0.8%1.0%₹4325.27 Cr28.7%
Sundaram Liquid Fund Direct Growth

Moderate Risk

0.2%0.0%₹4943.35 Cr7.3%
Sundaram Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹390.33 Cr7.4%
Sundaram Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹741.55 Cr22.9%
Sundaram Focused Fund Direct Growth

Very High Risk

1.2%0.0%₹1016.73 Cr37.3%
Sundaram Nifty 100 Equal Weight Fund Direct Growth

Very High Risk

0.6%0.0%₹69.47 Cr50.8%
Sundaram Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹192.74 Cr7.1%
Sundaram Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1838.70 Cr7.5%
Sundaram Tax Savings Fund Direct Growth

Very High Risk

1.7%0.0%₹1221.56 Cr37.0%
Sundaram Balanced Advantage Fund Direct Growth

High Risk

0.6%1.0%₹1519.64 Cr22.3%
Sundaram Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3369.65 Cr32.3%
Sundaram Services Fund Direct Growth

Very High Risk

0.6%1.0%₹3225.14 Cr36.9%
Sundaram Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2084.21 Cr34.0%
Sundaram Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹113.68 Cr7.4%
Sundaram Medium Term Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹44.19 Cr5.7%
Sundaram Infrastructure Advantage Fund Direct Growth

Very High Risk

1.7%1.0%₹864.81 Cr59.4%
Sundaram Financial Services Opportunities Direct Growth

Very High Risk

0.8%1.0%₹1150.08 Cr40.8%
Sundaram Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.2%0.0%₹351.07 Cr6.9%
Sundaram large and Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹6117.56 Cr40.4%
Sundaram Global Brand Fund Direct Growth

Very High Risk

1.3%1.0%₹118.81 Cr25.5%
Sundaram Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹779.95 Cr6.6%
Sundaram Debt Oriented Hybrid Fund Direct Growth

Moderate Risk

1.2%0.0%₹30.40 Cr11.0%
Sundaram Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹3055.59 Cr54.3%
Sundaram Diversified Equity Direct Growth

Very High Risk

1.6%0.0%₹1603.92 Cr30.6%
Sundaram Consumption Fund Direct Growth

Very High Risk

1.3%1.0%₹1365.00 Cr37.8%
Sundaram Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹10262.08 Cr57.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹897.96 Cr6.8%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹94.27 Cr7.9%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Sundaram Money Market Fund Direct Growth, as of 12-Apr-2024, is ₹13.78.
The fund has generated 7.36% over the last 1 year and 5.54% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 38.53% in bonds, and 61.17% in cash and cash equivalents.
The fund managers responsible for Sundaram Money Market Fund Direct Growth are:-
  1. Dwijendra Srivastava
  2. Sandeep Agarwal