Sundaram Money Market Direct Growth
Sundaram Money Market Direct Growth

Sundaram Money Market Direct Growth

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Debt
Direct
Money Market

NAV: ₹ 12.6 as on 30-01-2023

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 6K in mutual fund in the last three months

Fund Insights

In the last 1 year, Nippon India Money Market Fund Direct Plan Growth Option has given 5.31% return, outperforming this fund by 0.34%

In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 5.26% return, outperforming this fund by 0.78%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.6%
3%
5%
4.5%
Benchmark
0.5%
1.5%
2.7%
4.5%
4.4%
About the Fund

Sundaram Money Market Direct Growth is a debt fund. This fund was started on  26 September, 2018. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.

Key parameters

1) Sundaram Money Market Direct Growth has a NAV of 12.6468 as on 30-01-2023.

2) Sundaram Money Market Direct Growth has 59 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.21 %.

Fund Overview

Expense ratio
Expense ratio
0.21%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹59 Cr
Inception Date
Inception Date
26 September, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹250
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
501%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

59.7%

Government

40.3%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings6
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
28.68%
0%
icon
182 DTB 2023
24.95%
0%
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364 Dtb 02032023
16.82%
0%
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HDFC Bank Limited
8.28%
0%
icon
Reverse Repo
0.71%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 0.8 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 36.4 Cr
Nov'22
₹ 35.6 Cr
Oct'22
₹ 32.7 Cr

Fund Returns vs Benchmark

Dec'22
0.40%
0.29%
Dec'22
0.37%
0.37%
Oct'22
0.49%
0.45%
Fund Return
Benchmark Return

Fund Manager

Dwijendra Srivastava

Dwijendra Srivastava

Fund Manager of Sundaram Money Market Direct Growth, since 16 May 2022
Sandeep Agarwal

Sandeep Agarwal

Fund Manager of Sundaram Money Market Direct Growth, since 26 September 2018

AMC details

Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹43.48K Cr
as on 31-Dec-2022
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Email
rahulm@sundarammutual.com

Fund Highlights

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Low Risk

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

About the fund

This fund has delivered an average annual returns of 5.55% since inception which is more than its category average return of 4.72%
AUM size ₹59 Cr

AUM size ₹59 Cr

This fund has AUM of ₹59 Cr which is less than its category average of ₹ 4762 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of Sundaram Money Market Direct Growth is 12.64 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Sundaram Money Market Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
2.97%
2.97%
1 Year Returns
4.97%
4.97%
3 Years Returns
14.05%
4.48%
5 Years Returns
0%
0%
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.
0.21 as on December 2022
59 Cr as on December 2022
Yield to Maturity is 6.45 as on December 2022. 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 0.18 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Dwijendra Srivastava,Sandeep Agarwal are the fund managers of Sundaram Money Market Direct Growth
The Exit load of Sundaram Money Market Direct Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.