Sundaram Money Market Fund Direct Growth

Sundaram Money Market Fund Direct Growth

Debt

Sundaram Mutual Fund

Money Market

Get the latest NAV of Sundaram Money Market Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹15.25

NAV as on 14 Aug 2025

6.32%/per year

Since Inception

Absolute Gain%

▲▼

6 people have invested ₹ 1.3L in Sundaram Money Market Fund Direct Growth in the last three months

Sundaram Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (14-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.45%
1.84%
4.2%
8.05%
7.41%
5.88%
Money Market Avg
0.38%
1.61%
3.7%
7.19%
7.06%
5.72%
Best in Money Market
0.47%
1.86%
4.26%
8.23%
7.79%
6.36%
Worst in Money Market
0.44%
1.74%
3.9%
7.06%
6.67%
5.72%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Sundaram Money Market Fund
-
1,948Cr
0.17%
8.05%
7.41%
-0.33
3.54
1.88
8.04
1.34
Aditya Birla Sun Life Money Manager Fund Direct Growth
1/18
29,515Cr
0.22%
8.09%
7.68%
-0.10
3.65
2.78
13.91
2.49
Tata Money Market Fund Direct Growth
2/18
41,235Cr
0.15%
8.23%
7.79%
-0.02
3.75
2.99
18.92
2.78
Axis Money Market Fund Direct Growth
3/18
20,503Cr
0.16%
8.16%
7.68%
-0.18
3.92
2.60
12.35
2.30
See all

Sundaram Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Sundaram Money Market Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Debt & Cash 99.8%

AAA
100%
Cash allocation has gone up from 78.3% to 87.4%
Cash allocation has gone up from 78.3% to 87.4%
Debt allocation has gone down from 21.6% to 12.4%
Debt allocation has gone down from 21.6% to 12.4%

Sundaram Money Market Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Debt & Cash 99.8%

Cash Equivalent
53.3%
Corporate
44.2%
Government
2.5%

Top 2 Sectors in July were Corporate, Government

Jul'25

Corporate

51%

Government

21%

Jun'25

Corporate

54%

Government

23%

Sundaram Money Market Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.17%
Benchmark
Nifty Money Market TR INR
AUM₹1948 Cr
Inception Date26 September, 2018
Min Lumpsum/SIP₹1000/₹250
Exit Load0%
Lock InNo Lock-in
TurnOver
167.25%
Risk
Risk meter
pointer
Moderate Risk

About Sundaram Money Market Fund

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

Key Parameters

  1. Sundaram Money Market Fund Direct Growth has ₹1948 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Sundaram Money Market Fund Direct Growth has given a CAGR return of 6.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.05%, 7.41% and 5.88% respectively.

Holdings

Sundaram Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Export-Import Bank Of India, Axis Bank Limited, Punjab National Bank (18/03/2026), HDFC Bank Ltd., 08.07 Tn SDL 2026

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Sundaram Money Market Fund Direct Growth

The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 250.00. Sundaram Money Market Fund Direct Growth has no lock in period.

Fund Manager

Sandeep Agarwal

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

Dwijendra Srivastava

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

Learn more about Sundaram Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 1.9K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.9K Cr as of Jul'25
  • AUM increased by 551.9 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Sundaram Money Market Fund Direct Growth

How do I invest in Sundaram Money Market Fund?

INDmoney makes it simple to invest in the Sundaram Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Sundaram Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Sundaram Money Market Fund?

The NAV of the fund today is ₹15.25. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Sundaram Money Market Fund fund has generated a return of 8.05% in 1 year, 7.41% in 3 years, 5.88% in 5 years.

Who is the fund manager of Sundaram Money Market Fund?

The fund managers are Sandeep Agarwal, Dwijendra Srivastava.

What is the expense ratio of the fund?

The expense ratio is 0.17%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1948 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Sundaram Money Market Fund?

The top 3 holdings of the fund are Export-Import Bank Of India(5.44%), Axis Bank Limited(4.96%), Punjab National Bank (18/03/2026)(3.71%)