Sundaram Money Market Fund Direct Monthly IDCW Payout
Debt
Direct
Money Market
NAV: ₹ 11.2 as on 02-06-2023
Fund Performance
About the Fund
Sundaram Money Market Direct Monthly Payout of Income Distribution cum Capital Withdrawal 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
- Sundaram Money Market Fund Direct Monthly IDCW Payout has a NAV of ₹11.2 as on 02-06-2023.
- Sundaram Money Market Fund Direct Monthly IDCW Payout has ₹89 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
- The fund has an expense ratio 0.3.
Sundaram Money Market Fund Direct Monthly IDCW Payout Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹89 Cr |
 | 26 September, 2018 |
 | ₹1000/₹250 |
 | 0% |
 | No Lock-in |
 TurnOver | 501% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
55.1%
Corporate
30%
Cash Equivalent
14.9%
Top Holdings of Sundaram Money Market Fund Direct Monthly IDCW Payout as on (31-May-23)
Debt Holdings8
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 20072023 | 37.43% | 0% | |
182 DTB 2023 | 22.81% | 0% | |
Treps | 12.17% | 0% | |
Axis Bank Limited | 7.19% | 0% | |
National Bank For Agriculture And Rural Development | 7.19% | 0% |
See all
Sundaram Money Market Fund Direct Monthly IDCW Payout: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.41% whereas the fund’s underlying benchmark Money Market Index returns stands at 0.41% as on Apr'23
- This fund outperformed Money Market Index by 0.01% in Apr'23
AUM Change
- AUM of the fund stands at 94.2 Cr as of Apr'23
- AUM increased by 11.5 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Sundaram Money Market Fund Direct Monthly IDCW Payout Fund Manager
Dwijendra Srivastava
Fund Manager of Sundaram Money Market Fund Direct Monthly IDCW Payout, since 16 May 2022
Top funds managed
Sandeep Agarwal
Fund Manager of Sundaram Money Market Fund Direct Monthly IDCW Payout, since 26 September 2018
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.74% since inception which is less than its category average return of 4.91%
AUM size ₹89 Cr
This fund has AUM of ₹89 Cr which is less than its category average of ₹ 5044 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of Sundaram Money Market Fund Direct Monthly IDCW Payout is ₹11.19 as on 02-Jun-2023.
Existing (Absolute + CAGR) as on 02-Jun-2023.
Sundaram Money Market Fund Direct Monthly IDCW Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 3.56% | 3.56% |
1 Year Returns | 6.34% | 6.34% |
3 Years Returns | 14.16% | 4.51% |
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.
0.25% as on May 2023
₹89 Cr as on May 2023
182 DTB 20072023(37.43%), 182 DTB 2023(22.81%), Treps(12.17%), Axis Bank Limited(7.19%), National Bank For Agriculture And Rural Development(7.19%) as on May 2023
Government(57.49%), Corporate(31.29%), Cash Equivalent(11.22%) as on January 1
Yield to Maturity is 7.15 as on May 2023. 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 0.76 as on May 2023. 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 Fund Direct Monthly IDCW Payout
The Exit load of Sundaram Money Market Fund Direct Monthly IDCW Payout is 0%