Sundaram Low Duration Fund Direct Growth

Sundaram Low Duration Fund Direct Growth

Debt

Direct

Low Duration

NAV as on 02-12-2024

₹ 3541.81

Inception Returns

5.7%

/yr

About Sundaram Low Duration Fund Direct Growth

Sundaram Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. Sundaram Low Duration Fund Direct Growth has ₹396 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Sundaram Low Duration Fund Direct Growth has given a CAGR return of 5.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.99%, 6.62% and 5.81% respectively.

Holdings

Sundaram Low Duration Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Power Finance Corporation Limited, Au Small Finance Bank Limited, National Housing Bank, Punjab National Bank, Canfin Homes Limited

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Sundaram Low Duration Fund Direct Growth

To provide a level of income consistent with liquidity through investments made primarily in money market and debt securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Sundaram Low Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
51 people have invested ₹ 13.1L in Sundaram Low Duration Fund Direct Growth in the last three months

Sundaram Low Duration Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹396 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
165.51%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (02-Dec-24)

Period
Sundaram Low Duration Fund Direct Growth
Low Duration Index
1M
0.6%
0.4%
3M
2.1%
1.6%
6M
4.1%
3.5%
1Y
8%
7.3%
3Y
6.6%
6%
5Y
5.8%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
75.3%

AA
24.7%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
45.7%
Corporate
44.3%
Government
10%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 381.7 Cr
₹ 337.1 Cr
₹ 337.1 Cr
  • AUM of the fund stands at 381.7 Cr as of Oct'24
  • AUM increased by 44.6 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 31.8% to 45.6%
Cash allocation has gone up from 31.8% to 45.6%
Debt allocation has gone down from 67.9% to 54.2%
Debt allocation has gone down from 67.9% to 54.2%

Top 2 Sectors in October were Corporate, Government

Oct'24
Corporate
44%
Government
10%
Sep'24
Corporate
73%
Government
12%
  • Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Limited
Power Finance Corporation Limited
6%
0%
Au Small Finance Bank Limited
Au Small Finance Bank Limited
5.63%
0%
National Housing Bank
National Housing Bank
4.82%
0%
Punjab National Bank
Punjab National Bank
4.71%
0%
Canfin Homes Limited
Canfin Homes Limited
3.63%
0%
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Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Low Duration Fund Direct Growth, since 1 January 2022
Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Low Duration Fund Direct Growth, since 16 May 2022
Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹70.43K Cr
as on 31-Oct-2024
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com

Mutual Fund Insights

Insights icon
In the last 3 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.79% return, outperforming this fund by 0.17% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.67%.
Insights icon
Over the last 6 months, this fund has experienced a 23.2% drop in AUM moving from 514.99 Cr to 395.54 Cr.
Insights icon
In the last 1 year, Kotak Low Duration Fund- Direct Plan- Growth Option has given 8.22% return, outperforming this fund by 0.23%.
Insights icon
In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.15% return, outperforming this fund by 1.34% per annum.

Sundaram Low Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.72% since inception which is more than its category average return of 5.04%
AUM size ₹396 Cr

AUM size ₹396 Cr

This fund has AUM of ₹396 Cr which is less than its category average of ₹ 4325 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions for Sundaram Low Duration Fund Direct Growth

The current NAV of Sundaram Low Duration Fund Direct Growth is ₹3541.81 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Sundaram Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
4.1%
4.1%
1 Year Returns
7.99%
7.99%
3 Years Returns
21.19%
6.62%
5 Years Returns
32.65%
5.81%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.39% as on November 2024
₹396 Cr as on November 2024
Power Finance Corporation Limited(6%), Au Small Finance Bank Limited(5.63%), National Housing Bank(4.82%), Punjab National Bank(4.71%), Canfin Homes Limited(3.63%) as on November 2024
Cash Equivalent(45.7%), Corporate(44.35%), Government(9.95%) as on November 2024
Yield to Maturity is 7.67 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.92 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
75.28
AA
24.72
Dwijendra Srivastava, Sandeep Agarwal are the fund managers of Sundaram Low Duration Fund Direct Growth
The Exit load of Sundaram Low Duration Fund Direct Growth is 0%