Sundaram Ultra Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹1,681 Cr

Expense Ratio

0.24%

ISIN

INF173K01HI3

Minimum SIP

₹1,000

Exit Load

No Charges

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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2730.26, Assets Under Management (AUM) of 1680.99 Crores, and an expense ratio of 0.24%.

Sundaram Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.73% since inception.
The fund's asset allocation comprises around 0.00% in equities, 21.84% in debts, and 77.91% 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

+7.55%

+6.09% (Cat Avg.)

3 Years

+6.09%

+5.26% (Cat Avg.)

5 Years

+5.60%

+4.96% (Cat Avg.)

10 Years

+6.25%

+5.52% (Cat Avg.)

Since Inception

+6.73%

— (Cat Avg.)

Portfolio Summaryas of 15th July 2024

Debt	₹367.18 Cr	21.84%
Others	₹1,313.81 Cr	78.16%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹134.97 Cr	7.04%
India (Republic of)	Bond - Short-term Government Bills	₹99.84 Cr	5.21%
HDFC Bank Limited	Cash - CD/Time Deposit	₹74.16 Cr	3.87%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹67.97 Cr	3.55%
Bharti Telecom Limited	Bond - Corporate Bond	₹50.12 Cr	2.61%
91 DTB 15082024	Bond - Gov't/Treasury	₹49.74 Cr	2.59%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.73 Cr	2.54%
ICICI Bank Limited	Cash - CD/Time Deposit	₹48.62 Cr	2.54%
Hsbc Investdirect Financial Services (I)Ltd	Cash - Commercial Paper	₹48.28 Cr	2.52%
Punjab National Bank	Bond - Gov't Agency Debt	₹48.05 Cr	2.51%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹47.77 Cr	2.49%
Muthoot Finance Ltd.	Cash - Commercial Paper	₹47.58 Cr	2.48%
Tata Motors Finance Limited	Cash - Commercial Paper	₹47.51 Cr	2.48%
Axis Bank Limited	Cash - CD/Time Deposit	₹43.85 Cr	2.29%
Axis Bank Limited	Cash - CD/Time Deposit	₹43.82 Cr	2.29%
Deutsche Investments India Private Limited	Cash - Commercial Paper	₹38.75 Cr	2.02%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹38.59 Cr	2.01%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹38.39 Cr	2.00%
Union Bank of India	Bond - Gov't Agency Debt	₹38.24 Cr	1.99%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹33.99 Cr	1.77%
Axis Bank Limited	Cash - CD/Time Deposit	₹33.77 Cr	1.76%
IDFC First Bank Ltd.	Bond - Corporate Bond	₹31.57 Cr	1.65%
Indusind Bank Limited	Cash - CD/Time Deposit	₹31.55 Cr	1.65%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹29.68 Cr	1.55%
ICICI Bank Ltd.	Bond - Corporate Bond	₹28.84 Cr	1.50%
HDFC Bank Ltd.	Bond - Corporate Bond	₹28.72 Cr	1.50%
Nhpc Limited	Bond - Corporate Bond	₹24.99 Cr	1.30%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹24.99 Cr	1.30%
HDB Financial Services 7.5%	Bond - Corporate Bond	₹24.81 Cr	1.29%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹24.77 Cr	1.29%
National Housing Bank	Cash - Commercial Paper	₹24.66 Cr	1.29%
The Federal Bank Limited	Cash - CD/Time Deposit	₹24.33 Cr	1.27%
HDFC Bank Limited	Cash - CD/Time Deposit	₹24.3 Cr	1.27%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹24.25 Cr	1.26%
HDFC Bank Limited	Cash - CD/Time Deposit	₹24.13 Cr	1.26%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹24.06 Cr	1.26%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD/Time Deposit	₹24.01 Cr	1.25%
Punjab National Bank	Cash - CD/Time Deposit	₹23.99 Cr	1.25%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹23.99 Cr	1.25%
Bank Of Baroda	Cash - CD/Time Deposit	₹23.94 Cr	1.25%
LIC Housing Finance Ltd.	Bond - Corporate Bond	₹23.87 Cr	1.25%
Pilani Investment And Industries Corporation Ltd.	Cash - Commercial Paper	₹23.66 Cr	1.23%
Indian Bank	Cash - CD/Time Deposit	₹23.48 Cr	1.23%
Axis Bank Limited	Cash - CD/Time Deposit	₹21.9 Cr	1.14%
Shriram Finance Limited	Bond - Corporate Bond	₹20.06 Cr	1.05%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹20.01 Cr	1.04%
The Federal Bank Limited	Cash - CD/Time Deposit	₹19.2 Cr	1.00%
Embassy Office Parks Reit	Bond - Corporate Bond	₹14.98 Cr	0.78%
Punjab National Bank	Cash - CD/Time Deposit	₹14.58 Cr	0.76%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹14.38 Cr	0.75%
Punjab National Bank	Cash - CD/Time Deposit	₹14.35 Cr	0.75%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹14.34 Cr	0.75%
Icici Securities Limited	Cash - Commercial Paper	₹14.31 Cr	0.75%
Dbs Bank India Limited	Cash - CD/Time Deposit	₹14.31 Cr	0.75%
Small Industries Development Bank Of India	Cash - Commercial Paper	₹14.07 Cr	0.73%
Shriram Finance Limited	Bond - Corporate Bond	₹10.03 Cr	0.52%
Axis Bank Limited	Cash - CD/Time Deposit	₹9.56 Cr	0.50%
Cash And Other Net Current Assets^	Cash - Collateral	₹6.03 Cr	0.31%
364 DTB 03102024	Bond - Gov't/Treasury	₹4.93 Cr	0.26%
Corporate Debt Market Development Fund - Class A2	Mutual Fund - Open End	₹4.67 Cr	0.24%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹866.55 Cr	45.20%
Bond - Corporate Bond	₹357.43 Cr	18.64%
Cash - Commercial Paper	₹306.6 Cr	15.99%
Cash - Repurchase Agreement	₹134.97 Cr	7.04%
Bond - Short-term Government Bills	₹99.84 Cr	5.21%
Bond - Gov't Agency Debt	₹86.3 Cr	4.50%
Bond - Gov't/Treasury	₹54.66 Cr	2.85%
Cash - Collateral	₹6.03 Cr	0.31%
Mutual Fund - Open End	₹4.67 Cr	0.24%

Risk & Performance Ratios

Fund Managers

Dwijendra Srivastava

Since May 2022

Sandeep Agarwal

Since January 2022

Additional Scheme Detailsas of 15th July 2024

ISIN

INF173K01HI3

Expense Ratio

0.24%

Exit Load

No Charges

Fund Size

₹1,681 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Ultra Short Duration Debt 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

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 name	Expense Ratio	Exit Load	Fund size	1Y
PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹243.56 Cr	6.7%
Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹568.43 Cr	6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1535.17 Cr	7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1535.17 Cr	7.5%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹161.02 Cr	7.2%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹161.02 Cr	6.5%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹2239.53 Cr	7.0%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹7168.59 Cr	7.0%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹239.90 Cr	7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹239.90 Cr	7.6%

About the AMC

Sundaram Mutual Fund

+91 44 28583362/3367

https://www.sundarammutual.com/

Total AUM

₹61,835 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	0.2%	1.0%	₹2252.70 Cr	-
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 Very High Risk	1.4%	0.0%	₹20.57 Cr	27.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹34.82 Cr	37.3%
Sundaram FTP IQ Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.4%	0.0%	₹13.26 Cr	28.3%
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	1.2%	0.0%	₹86.84 Cr	36.7%
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	1.4%	-	₹38.37 Cr	36.1%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.4%	0.0%	₹24.76 Cr	36.1%
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	1.2%	0.0%	₹41.11 Cr	36.5%
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%	₹42.49 Cr	37.1%
Sundaram Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2724.92 Cr	41.5%
Sundaram Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹923.54 Cr	45.2%
Sundaram Aggressive Hybrid Fund Direct Growth High Risk	0.7%	1.0%	₹4979.18 Cr	28.5%
Sundaram Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6129.61 Cr	7.4%
Sundaram Low Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹503.92 Cr	7.4%
Sundaram Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹841.07 Cr	19.6%
Sundaram Focused Fund Direct Growth Very High Risk	1.2%	0.0%	₹1110.63 Cr	31.6%
Sundaram Nifty 100 Equal Weight Fund Direct Growth Very High Risk	0.6%	0.0%	₹85.73 Cr	46.4%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹195.49 Cr	7.5%
Sundaram Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1680.99 Cr	7.6%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.6%	0.0%	₹1355.38 Cr	30.7%
Sundaram Balanced Advantage Fund Direct Growth High Risk	0.6%	1.0%	₹1544.21 Cr	22.8%
Sundaram Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3528.52 Cr	27.7%
Sundaram Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹3631.82 Cr	31.5%
Sundaram Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2152.58 Cr	28.5%
Sundaram Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹242.92 Cr	7.4%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.3%	1.0%	₹42.44 Cr	6.4%
Sundaram Infrastructure Advantage Fund Direct Growth Very High Risk	1.8%	1.0%	₹1044.07 Cr	56.1%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	1.0%	₹1386.75 Cr	29.4%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹330.47 Cr	7.3%
Sundaram large and Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6859.35 Cr	37.8%
Sundaram Global Brand Fund Direct Growth Very High Risk	1.3%	1.0%	₹114.38 Cr	12.8%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹706.76 Cr	7.3%
Sundaram Debt Oriented Hybrid Fund Direct Growth Moderate Risk	1.1%	0.0%	₹26.70 Cr	11.5%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹3331.22 Cr	42.8%
Sundaram Diversified Equity Direct Growth Very High Risk	1.6%	0.0%	₹1649.12 Cr	26.2%
Sundaram Consumption Fund Direct Growth Very High Risk	1.3%	1.0%	₹1494.81 Cr	37.8%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹11820.86 Cr	55.3%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹791.97 Cr	6.8%
Sundaram Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹119.30 Cr	7.9%

Risk Level

Your principal amount will be at Moderate Risk

Still got questions?
We're here to help.

What is the current NAV of Sundaram Ultra Short Duration Fund Direct Growth?

The NAV of Sundaram Ultra Short Duration Fund Direct Growth, as of 25-Jul-2024, is ₹2730.26.

What are the returns of Sundaram Ultra Short Duration Fund Direct Growth?

The fund has generated 7.55% over the last 1 year and 6.09% 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 Ultra Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 21.84% in bonds, and 77.91% in cash and cash equivalents.

Who manages the Sundaram Ultra Short Duration Fund Direct Growth?

The fund managers responsible for Sundaram Ultra Short Duration 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.

;

©2021-2022 Dezerv. All Rights Reserved

Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.