Sundaram Low Duration Fund Direct Plan Growth Option
Debt
Direct
Low Duration
NAV: ₹ 3390.56 as on 16-05-2024
About the Fund
Sundaram Low Duration Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Low Duration Fund Direct Plan Growth Option has ₹515 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
40 people have invested ₹ 58.6L in Sundaram Low Duration Fund Direct Plan Growth Option in the last three months
Overview
 | 0.39% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹515 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 143% |
Sundaram Low Duration Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
89.1%
AA
10.9%
Sector Allocation
Corporate
54.7%
Cash Equivalent
26.5%
Government
18.7%
Top Holdings of Sundaram Low Duration Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings38
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Finance Corporation Limited | 4.83% | 0% | |
Punjab National Bank | 4.81% | 0% | |
HDFC Bank Limited | 4.57% | 0% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 4.56% | 0% | |
National Housing Bank 7.78% | 3.88% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 540.8 Cr as of Apr'24
- AUM increased by 150.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.88% return, outperforming this fund by 4.72% per annum.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.95% return, outperforming this fund by 0.56%.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.67%.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.67% per annum.
Over the last 1 month, this fund has experienced a 31.9% growth in AUM moving from 390.33 Cr to 514.99 Cr.
Peer Analysis
Fund Manager
Dwijendra Srivastava
Fund Manager of Sundaram Low Duration Fund Direct Plan Growth Option, since 1 January 2022
Top funds managed
Sandeep Agarwal
Fund Manager of Sundaram Low Duration Fund Direct Plan Growth Option, since 16 May 2022
Top funds managed
Sundaram Low Duration Fund Direct Plan Growth Option 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 5.6% since inception which is more than its category average return of 4.97%
AUM size ₹515 Cr
This fund has AUM of ₹515 Cr which is less than its category average of ₹ 3689 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Sundaram Low Duration Fund Direct Plan Growth Option is ₹3390.56 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Sundaram Low Duration Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.71% | 3.71% |
1 Year Returns | 7.39% | 7.39% |
3 Years Returns | 18.39% | 5.79% |
5 Years Returns | 11.29% | 2.16% |
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.
0.39% as on April 2024
₹515 Cr as on April 2024
Power Finance Corporation Limited(4.83%), Punjab National Bank(4.81%), HDFC Bank Limited(4.57%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(4.56%), National Housing Bank 7.78%(3.88%) as on April 2024
Corporate(54.73%), Cash Equivalent(26.53%), Government(18.74%) as on April 2024
Yield to Maturity is 7.56 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 0.78 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 89.12 |
AA | 10.88 |
Dwijendra Srivastava, Sandeep Agarwal are the fund managers of Sundaram Low Duration Fund Direct Plan Growth Option
The Exit load of Sundaram Low Duration Fund Direct Plan Growth Option is 0%