Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal

Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal

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Debt
Direct
Money Market
NAV: ₹ 11.21 as on 17-05-2024

About the Fund

Sundaram Money Market Direct Monthly Reinvestment 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

  1. Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal has ₹114 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹114 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
344%

Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
57.2%
Cash Equivalent
26.2%
Government
16.6%

Top Holdings of Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal as on (30-Apr-24)

  • Debt & Cash

Debt Holdings13
Holdings
Weight%
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.28%
0%
HDFC Bank Ltd.
HDFC Bank Ltd.
8.27%
0%
Axis Bank Ltd.
Axis Bank Ltd.
8.27%
0%
Punjab National Bank
Punjab National Bank
8.27%
0%
Icici Securities Limited
Icici Securities Limited
8.24%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 113.9 Cr
₹ 113.7 Cr
₹ 127.3 Cr
  • AUM of the fund stands at 113.9 Cr as of Apr'24
  • AUM increased by 0.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal, since 16 May 2022
Sandeep Agarwal
Sandeep Agarwal
Fund Manager of Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal, since 26 September 2018

Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal 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 5.16% since inception which is more than its category average return of 4.96%
AUM size ₹114 Cr

AUM size ₹114 Cr

This fund has AUM of ₹114 Cr which is less than its category average of ₹ 6911 Cr
Expense Ratio 0.25%

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 Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal is ₹11.21 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-0.26%
-0.26%
6 Month Returns
3.14%
3.14%
1 Year Returns
6.64%
6.64%
3 Years Returns
17.45%
5.51%
5 Years Returns
27.56%
4.99%
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 April 2024
₹114 Cr as on April 2024
National Bank For Agriculture And Rural Development(8.28%), HDFC Bank Ltd.(8.27%), Axis Bank Ltd.(8.27%), Punjab National Bank(8.27%), Dbs Bank India Limited(8.24%) as on April 2024
Corporate(57.21%), Cash Equivalent(26.2%), Government(16.6%) as on April 2024
Yield to Maturity is 7.55 as on April 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 0.82 as on April 2024. 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 Monthly Reinvestment of Income Distribution cum Capital Withdrawal
The Exit load of Sundaram Money Market Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal is 0%