Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal
Debt
Direct
Overnight
NAV: ₹ 1049.24 as on 24-04-2024
Fund Performance
About the Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal is a debt fund. This fund was started on 21 March, 2019. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal has ₹1022 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal Overview
 | 0.07% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1022 Cr |
 | 21 March, 2019 |
 | ₹5000/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 629% |
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
100%
Top Holdings of Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal as on (31-Mar-24)
Debt Holdings2
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 25042024 | 0.98% | 0% | |
364 DTB 25042024 | 0.49% | 0% |
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 898 Cr as of Mar'24
- AUM decreased by 416.4 Cr between Mar'24 and Feb'24
Peer Analysis
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal Fund Manager
Dwijendra Srivastava
Fund Manager of Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal, since 16 May 2022
Top funds managed
Sandeep Agarwal
Fund Manager of Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal, since 20 March 2019
Top funds managed
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal Highlights
Low Risk
Investors understand that their principal will be at Low Risk
AUM size ₹1022 Cr
This fund has AUM of ₹1022 Cr which is less than its category average of ₹ 2949 Cr
Expense Ratio 0.07%
This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.13%
Frequently Asked Questions
The current NAV of Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal is ₹1049.24 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
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.
0.07% as on March 2024
₹1022 Cr as on March 2024
Yield to Maturity is 6.68 as on March 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 as on March 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 Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal
The Exit load of Sundaram Overnight Fund Direct Weekly Reinvestment of Income Distribution cum Capital Withdrawal is 0%