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Fund Overview

Fund Size

Fund Size

₹1,839 Cr

Expense Ratio

Expense Ratio

0.18%

ISIN

ISIN

INF173K01HI3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Sundaram Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 3 months and 13 days, having been launched on 01-Jan-13.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹2674.78, Assets Under Management (AUM) of 1838.70 Crores, and an expense ratio of 0.18%.
  • Sundaram Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.71% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 27.90% in debts, and 71.86% in cash & cash equivalents.
  • You can start investing in Sundaram Ultra Short Duration 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

+7.53%

+6.30%(Cat. Avg.)

3 Years

+5.74%

+5.10%(Cat. Avg.)

5 Years

+5.62%

+4.98%(Cat. Avg.)

10 Years

+6.31%

+5.62%(Cat. Avg.)

Since Inception

+6.71%

--%(Cat. Avg.)

Portfolio Summaryas of 15th March 2024

Debt512.98 Cr27.90%
Others1,325.72 Cr72.10%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement213.75 Cr11.20%
182 DTB 29082024Bond - Gov't/Treasury96.87 Cr5.07%
Canara BankBond - Gov't Agency Debt73.65 Cr3.86%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit63.91 Cr3.35%
Bharti Telecom LimitedBond - Corporate Bond50.03 Cr2.62%
Union Bank Of IndiaCash - CD/Time Deposit49.3 Cr2.58%
IDFC First Bank Ltd.Bond - Corporate Bond49.17 Cr2.58%
HDFC Bank LimitedCash - CD/Time Deposit48.15 Cr2.52%
Punjab National BankBond - Gov't Agency Debt46.83 Cr2.45%
Export-Import Bank Of IndiaCash - CD/Time Deposit39.3 Cr2.06%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit37.41 Cr1.96%
Punjab National BankCash - CD/Time Deposit37.28 Cr1.95%
Union Bank of IndiaBond - Gov't Agency Debt37.26 Cr1.95%
State Bank Of IndiaCash - CD/Time Deposit34.55 Cr1.81%
Axis Bank LimitedCash - CD/Time Deposit34.3 Cr1.80%
ICICI Bank LimitedCash - CD/Time Deposit33.63 Cr1.76%
The Federal Bank LimitedCash - CD/Time Deposit32.71 Cr1.71%
IDFC First Bank Ltd.Bond - Corporate Bond30.75 Cr1.61%
Indusind Bank LimitedCash - CD/Time Deposit30.72 Cr1.61%
LIC Housing Finance LtdBond - Corporate Bond29.44 Cr1.54%
ICICI Bank Ltd.Bond - Corporate Bond28.11 Cr1.47%
HDFC Bank Ltd.Bond - Corporate Bond27.97 Cr1.47%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper24.99 Cr1.31%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond24.98 Cr1.31%
Export-Import Bank Of IndiaCash - Commercial Paper24.98 Cr1.31%
Bajaj Housing Finance LimitedBond - Corporate Bond24.92 Cr1.31%
91 DTB 04042024Bond - Gov't/Treasury24.91 Cr1.31%
Axis Bank LimitedCash - CD/Time Deposit24.68 Cr1.29%
Muthoot Finance LimitedCash - Commercial Paper24.66 Cr1.29%
LIC Housing Finance Ltd.Cash - Commercial Paper24.62 Cr1.29%
ICICI Bank LimitedCash - CD/Time Deposit24.55 Cr1.29%
182 DTB 20062024Bond - Gov't/Treasury24.55 Cr1.29%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper24.54 Cr1.29%
HDFC Bank LimitedCash - CD/Time Deposit24.54 Cr1.29%
JM Financial Services LimitedBond - Corporate Bond24.52 Cr1.28%
Deutsche Investments India Private LimitedCash - Commercial Paper24.51 Cr1.28%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.49 Cr1.28%
Axis Bank LimitedCash - CD/Time Deposit24.49 Cr1.28%
Hsbc Investdirect Financial Services (India) LimitedCash - Commercial Paper24.49 Cr1.28%
The Federal Bank LimitedCash - CD/Time Deposit23.68 Cr1.24%
HDFC Bank LimitedCash - CD/Time Deposit23.66 Cr1.24%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit23.45 Cr1.23%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit23.4 Cr1.23%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit23.37 Cr1.22%
LIC Housing Finance Ltd.Bond - Corporate Bond23.25 Cr1.22%
Cash And Other Net Current Assets^Cash - Collateral21.66 Cr1.13%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper19.19 Cr1.01%
Embassy Office Parks ReitBond - Corporate Bond14.96 Cr0.78%
LIC Housing Finance LtdBond - Corporate Bond14.95 Cr0.78%
HDFC Bank LimitedBond - Corporate Bond14.94 Cr0.78%
Muthoot Finance LimitedCash - Commercial Paper14.73 Cr0.77%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit14.01 Cr0.73%
Axis Bank Ltd.Bond - Corporate Bond13.99 Cr0.73%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit13.97 Cr0.73%
DBS Bank India Ltd.Bond - Corporate Bond13.93 Cr0.73%
Icici Securities LimitedCash - Commercial Paper13.92 Cr0.73%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper13.91 Cr0.73%
Shriram Finance LimitedBond - Corporate Bond10.03 Cr0.53%
Bank Of BarodaCash - CD/Time Deposit9.99 Cr0.52%
ICICI Securities LimitedCash - Commercial Paper9.99 Cr0.52%
364 DTB 03102024Bond - Gov't/Treasury4.81 Cr0.25%
Corporate Debt Market Development Fund - Class A2Mutual Fund - Open End4.6 Cr0.24%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit719.54 Cr37.69%
Bond - Corporate Bond395.93 Cr20.74%
Cash - Commercial Paper244.52 Cr12.81%
Cash - Repurchase Agreement213.75 Cr11.20%
Bond - Gov't Agency Debt157.73 Cr8.26%
Bond - Gov't/Treasury151.15 Cr7.92%
Cash - Collateral21.66 Cr1.13%
Mutual Fund - Open End4.6 Cr0.24%

Risk & Performance Ratios

Standard Deviation

This fund

0.53%

Cat. avg.

0.72%

Lower the better

Sharpe Ratio

This fund

0.97

Cat. avg.

-0.72

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.04

Higher the better

Fund Managers

DS

Dwijendra Srivastava

Since May 2022

Sandeep Agarwal

Sandeep Agarwal

Since January 2022

Additional Scheme Detailsas of 15th March 2024

ISININF173K01HI3Expense Ratio0.18%Exit LoadNo ChargesFund Size₹1,839 CrAge01 Jan 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Ultra Short Duration Debt 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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹249.48 Cr6.7%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹459.91 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹937.62 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹937.62 Cr7.6%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹268.35 Cr6.8%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹268.35 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2196.92 Cr7.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹4332.44 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹195.36 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹195.36 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
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The NAV of Sundaram Ultra Short Duration Fund Direct Growth, as of 12-Apr-2024, is ₹2674.78.
The fund has generated 7.53% over the last 1 year and 5.74% 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, 27.90% in bonds, and 71.86% in cash and cash equivalents.
The fund managers responsible for Sundaram Ultra Short Duration Fund Direct Growth are:-
  1. Dwijendra Srivastava
  2. Sandeep Agarwal