Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

Debt
Direct
Low Duration
Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

About the Fund

Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl 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 Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has ₹504 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 Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 3.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.07%, 2.62% and 3.72% respectively.

Holdings

Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Power Finance Corporation Limited, HDFC Bank Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), National Housing Bank 7.78%, Bharti Telecom 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 Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

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 Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.39%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹504 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
143%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
88.6%

AA
11.4%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
54.8%
Cash Equivalent
25%
Government
20.2%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Limited
Power Finance Corporation Limited
4.94%
0%
HDFC Bank Limited
HDFC Bank Limited
4.7%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
4.69%
0%
National Housing Bank 7.78%
National Housing Bank 7.78%
3.97%
0%
Bharti Telecom Limited
Bharti Telecom Limited
3.38%
0%

Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 1 January 2022
Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 16 May 2022

Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 3.34% since inception which is less than its category average return of 4.96%
AUM size ₹504 Cr

AUM size ₹504 Cr

This fund has AUM of ₹504 Cr which is less than its category average of ₹ 3728 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

The current NAV of Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl is ₹1096.62 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.06%
0.06%
6 Month Returns
0.04%
0.04%
1 Year Returns
0.07%
0.07%
3 Years Returns
8.06%
2.62%
5 Years Returns
20.02%
3.72%
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 May 2024
₹504 Cr as on May 2024
Power Finance Corporation Limited(4.94%), HDFC Bank Limited(4.7%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(4.69%), National Housing Bank 7.78%(3.97%), Bharti Telecom Limited(3.38%) as on May 2024
Corporate(63.66%), Government(18.46%), Cash Equivalent(17.88%) as on May 2024
Yield to Maturity is 7.73 as on May 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 0.88 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.65
AA
11.35
Dwijendra Srivastava, Sandeep Agarwal are the fund managers of Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of Sundaram Low Duration Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl is 0%