How to Invest in Sundaram Money Direct IDCW Monthly?

You can easily invest in Sundaram Money Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Sundaram Money Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Sundaram Money Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Sundaram Money Direct IDCW Monthly provide?

The Sundaram Money Direct IDCW Monthly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.40% since its inception.

How much expense ratio is charged by Sundaram Money Direct IDCW Monthly?

The term Expense Ratio used for Sundaram Money Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Sundaram Money Direct IDCW Monthly is 0.17% as of 31 Oct 2025...

What is the AUM of Sundaram Money Direct IDCW Monthly?

The AUM, short for Assets Under Management of Sundaram Money Direct IDCW Monthly is ₹3,144.09Cr as of 31 Oct 2025.

How to Redeem Sundaram Money Direct IDCW Monthly?

If you want to sell your Sundaram Money Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Sundaram Money Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Sundaram Money Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Sundaram Money Direct IDCW Monthly?

The NAV of Sundaram Money Direct IDCW Monthly is ₹10.79 as of 31 Dec 2021.

What is the PE and PB ratio of Sundaram Money Direct IDCW Monthly?

The PE ratio ratio of Sundaram Money Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Sundaram Money Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

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Sundaram Money Direct IDCW Monthly
Debt
Liquid
Low to Moderate Risk
Payout
+4.77%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 31 Dec 2021
₹10.79
Rating
4
Min. SIP amount
Not Supported
Fund size
₹3,144.09Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (28)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills6.31%
Reserve Bank of India
FinancialT-Bills5.39%
Small Industries Devp. Bank of India Ltd.
FinancialCP4.76%
Reserve Bank of India
FinancialT-Bills4.04%
Chennai Petroleum Corporation Ltd.
EnergyCP3.18%
Reliance Jio Infocomm Ltd.
CommunicationCP3.18%
DBS Bank Ltd.
FinancialCD3.18%
Export-Import Bank Of India
FinancialCD3.17%
Housing Development Finance Corpn. Ltd.
FinancialCP3.16%
Axis Bank Ltd.
FinancialCD3.16%
Axis Bank Ltd.
FinancialCD3.16%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP3.15%
Tata Power Renewable Energy Ltd.
EngineeringCP2.52%
The Ramco Cements Ltd.
ConstructionCP2.38%
Berger Paints India Ltd.
ChemicalsCP2.37%
Aditya Birla Money Ltd.
FinancialCP1.90%
Reserve Bank of India
FinancialT-Bills1.75%
Reliance Industries Ltd.
EnergyCP1.59%
Standard Chartered Investment & Loan India Ltd.
FinancialCP1.59%
Reserve Bank of India
FinancialT-Bills1.59%
National Bank For Agriculture & Rural Development
FinancialCP1.58%
Reliance Jio Infocomm Ltd.
CommunicationCP1.58%
Reliance Industries Ltd.
EnergyCP1.58%
IGH Holdings Pvt. Ltd.
CommunicationCP1.27%
Reliance Industries Ltd.
EnergyCP0.79%
Blue Star Ltd.
Consumer DurableCP0.79%
Can Fin Homes Ltd.
FinancialCP0.79%
Tata Power Renewable Energy Ltd.
EngineeringCP0.79%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%4.8%5.7%7.0%
Category average6.4%6.9%5.6%NA
Rank with in category101716NA
Understand terms
Peer ComparisonDebt, Liquid fundsRating1Y3YFund Size(Cr)
Axis Liquid Direct Fund IDCW Weekly
5
6.8%7.1%28,170.15
Aditya Birla Sun Life Liquid Fund Direct IDCW
5
NANA49,803.08
Axis Liquid Direct Fund IDCW Monthly
5
NANA28,170.15
Edelweiss Liquid Direct IDCW Weekly
5
NANA8,130.21
Edelweiss Liquid Direct IDCW Monthly
5
NANA8,130.21
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.17%
31 Oct 2021 - 30 Nov 2021
0.17%
30 Sep 2021 - 31 Oct 2021
0.17%
31 Aug 2021 - 30 Sep 2021
0.17%
31 Jul 2021 - 31 Aug 2021
0.17%
30 Jun 2021 - 31 Jul 2021
0.17%
31 May 2021 - 30 Jun 2021
0.17%
30 Apr 2021 - 31 May 2021
0.17%
31 Mar 2021 - 30 Apr 2021
0.17%
28 Feb 2021 - 31 Mar 2021
0.17%
31 Jan 2021 - 28 Feb 2021
0.17%
31 Dec 2020 - 31 Jan 2021
0.17%
30 Nov 2020 - 31 Dec 2020
0.17%
31 Oct 2020 - 30 Nov 2020
0.17%
30 Sep 2020 - 31 Oct 2020
0.17%
31 Aug 2020 - 30 Sep 2020
0.17%
31 Jul 2020 - 31 Aug 2020
0.17%
30 Jun 2020 - 31 Jul 2020
0.17%
31 May 2020 - 30 Jun 2020
0.17%
30 Apr 2020 - 31 May 2020
0.17%
31 Mar 2020 - 30 Apr 2020
0.17%
29 Feb 2020 - 31 Mar 2020
0.14%
31 Jan 2020 - 29 Feb 2020
0.14%
31 Dec 2019 - 31 Jan 2020
0.14%
30 Nov 2019 - 31 Dec 2019
0.14%
31 Oct 2019 - 30 Nov 2019
0.14%
30 Sep 2019 - 31 Oct 2019
0.13%
31 Aug 2019 - 30 Sep 2019
0.13%
31 Jul 2019 - 31 Aug 2019
0.13%
30 Jun 2019 - 31 Jul 2019
0.13%
31 May 2019 - 30 Jun 2019
0.13%
30 Apr 2019 - 31 May 2019
0.14%
31 Mar 2019 - 30 Apr 2019
0.14%
28 Feb 2019 - 31 Mar 2019
0.14%
31 Jan 2019 - 28 Feb 2019
0.14%
31 Dec 2018 - 31 Jan 2019
0.15%
30 Nov 2018 - 31 Dec 2018
0.15%
31 Oct 2018 - 30 Nov 2018
0.14%
30 Sep 2018 - 31 Oct 2018
0.14%
31 Aug 2018 - 30 Sep 2018
0.14%
31 Jul 2018 - 31 Aug 2018
0.15%
30 Jun 2018 - 31 Jul 2018
0.15%
31 May 2018 - 30 Jun 2018
0.15%
30 Apr 2018 - 31 May 2018
0.15%
31 Mar 2018 - 30 Apr 2018
0.14%
28 Feb 2018 - 31 Mar 2018
0.04%
31 Jan 2018 - 28 Feb 2018
0.06%
31 Dec 2017 - 31 Jan 2018
0.05%
30 Nov 2017 - 31 Dec 2017
0.05%
31 Oct 2017 - 30 Nov 2017
0.05%
Expense ratio, exit load and taxExpense ratio: 0.17%Inclusive of GST
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund managementDwijendra Srivastava
Jan 2013 - Present
View details
Education
Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience
Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
Also manages these schemes
Sundaram Corporate Bond Fund Direct Growth
Sundaram Conservative Hybrid Fund Direct Plan Growth
Sundaram Short Term Debt Fund Direct Plan Growth
Sundaram Medium Duration Fund Direct Growth
Sundaram Low Duration Fund(Ex) Direct Growth
Sundaram Money Direct Growth
Sundaram Long Term Tax Advantage Fund Series I Direct Growth
Sundaram Select Micro Cap Series VIII Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth
Sundaram Select Micro Cap Series X Direct Growth
Sundaram Select Micro Cap Series XI Direct Growth
Sundaram Select Micro Cap Series XII Direct Growth
Sundaram Select Micro Cap Series XV Direct Growth
Sundaram Select Micro Cap Series XVI Direct Growth
Sundaram Select Micro Cap Series XVII Direct Growth
Sundaram Emerging Small Cap Series 1 Direct Growth
Sundaram Emerging Small Cap Series II Direct Growth
Sundaram Emerging Small Cap Series III Direct Growth
Sundaram Emerging Small Cap Series IV Direct Growth
Sundaram Multi Cap Fund Series I Direct Growth
Sundaram Multi Cap Fund Series II Direct Growth
Sundaram Emerging Small Cap Series V Direct Growth
Sundaram Emerging Small Cap Series VI Direct Growth
Sundaram Emerging Small Cap Series VII Direct Growth
Sundaram Money Market Fund Direct Growth
Sundaram Equity Savings Fund(Ex) Direct Growth
Sundaram Arbitrage Fund(Ex) Direct Growth
Sundaram Balanced Advantage Fund(Ex) Direct Growth
Sundaram Low Duration Fund Direct Growth
Sundaram Ultra Short Duration Fund Direct Growth
Sundaram Arbitrage Fund Direct Growth
Sundaram Short Duration Fund Direct Growth
Sundaram Aggressive Hybrid Fund Direct Growth
Sundaram Balanced Advantage Fund Direct Growth
Sundaram Flexi Cap Fund Direct Growth
Sundaram Multi Asset Allocation Fund Direct Growth
Sundaram Business Cycle Fund Direct Growth
Sundaram Multi Factor Fund Direct Growth
Siddharth Chaudhary
Jan 2013 - Present
View details
Education
Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
Experience
Prior to joining Bajaj Finserv Mutual Fund, he has worked with Sundaram Mutual Fund and Indian Bank.
Also manages these schemes
Sundaram Low Duration Fund(Ex) Direct Growth
Sundaram Money Direct Growth
Sundaram Hybrid Fund Series N Direct Growth
Sundaram Capital Protection Oriented Fund 5Years Series 8 Direct Growth
Sundaram Ultra Short Term Fund Direct Growth
Bajaj Finserv Liquid Fund Direct Growth
Bajaj Finserv Overnight Fund Direct Growth
Bajaj Finserv Money Market Fund Direct Growth
Bajaj Finserv Flexi Cap Fund Direct Growth
Bajaj Finserv Arbitrage Fund Direct Growth
Bajaj Finserv Banking and PSU Fund Direct Growth
Bajaj Finserv Balanced Advantage Fund Direct Growth
Bajaj Finserv Large and Mid Cap Fund Direct Growth
Bajaj Finserv Large Cap Fund Direct Growth
Bajaj Finserv Healthcare Fund Direct Growth
Bajaj Finserv ELSS Tax Saver Fund Direct Growth
Bajaj Finserv Gilt Fund Direct Growth
Bajaj Finserv Multi Cap Fund Direct Growth
Bajaj Finserv Small Cap Fund Direct Growth
Bajaj Finserv Equity Savings Fund Direct Growth
Fund house & investment objective
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹71,486.25Cr
Date of Incorporation26 Feb 1996
    Sundaram Money Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund.     This scheme was made available to investors on 26 Feb 1996.     Dwijendra Srivastava, Siddharth Chaudhary is the Current Fund Manager of Sundaram Money Direct IDCW Monthly fund.     The fund currently has an Asset Under Management(AUM) of ₹71,486 Cr and     the Latest NAV as of 31 Dec 2021 is ₹10.79.  

    The Sundaram Money Direct IDCW Monthly is rated Low to Moderate risk.     Minimum SIP Investment is set to ₹100.          Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
  ;
Investment ObjectiveThe scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments. 
 
;
Fund benchmarkNIFTY Liquid Fund Index
Scheme Information Document(SID)
Fund house contact details
Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Website
www.sundarammutual.com
Sundaram Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4,  Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Sundaram Money Direct IDCW Monthly
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	6.31%
Reserve Bank of India	Financial	T-Bills	5.39%
Small Industries Devp. Bank of India Ltd.	Financial	CP	4.76%
Reserve Bank of India	Financial	T-Bills	4.04%
Chennai Petroleum Corporation Ltd.	Energy	CP	3.18%
Reliance Jio Infocomm Ltd.	Communication	CP	3.18%
DBS Bank Ltd.	Financial	CD	3.18%
Export-Import Bank Of India	Financial	CD	3.17%
Housing Development Finance Corpn. Ltd.	Financial	CP	3.16%
Axis Bank Ltd.	Financial	CD	3.16%
Axis Bank Ltd.	Financial	CD	3.16%
Housing Development Finance Corpn. Ltd.-Warrant	Financial	CP	3.15%
Tata Power Renewable Energy Ltd.	Engineering	CP	2.52%
The Ramco Cements Ltd.	Construction	CP	2.38%
Berger Paints India Ltd.	Chemicals	CP	2.37%
Aditya Birla Money Ltd.	Financial	CP	1.90%
Reserve Bank of India	Financial	T-Bills	1.75%
Reliance Industries Ltd.	Energy	CP	1.59%
Standard Chartered Investment & Loan India Ltd.	Financial	CP	1.59%
Reserve Bank of India	Financial	T-Bills	1.59%
National Bank For Agriculture & Rural Development	Financial	CP	1.58%
Reliance Jio Infocomm Ltd.	Communication	CP	1.58%
Reliance Industries Ltd.	Energy	CP	1.58%
IGH Holdings Pvt. Ltd.	Communication	CP	1.27%
Reliance Industries Ltd.	Energy	CP	0.79%
Blue Star Ltd.	Consumer Durable	CP	0.79%
Can Fin Homes Ltd.	Financial	CP	0.79%
Tata Power Renewable Energy Ltd.	Engineering	CP	0.79%

	1Y	3Y	5Y	All
Fund returns	3.4%	4.8%	5.7%	7.0%
Category average	6.4%	6.9%	5.6%	NA
Rank with in category	10	17	16	NA

Debt, Liquid funds	Rating	1Y	3Y	Fund Size(Cr)
Axis Liquid Direct Fund IDCW Weekly	5	6.8%	7.1%	28,170.15
Aditya Birla Sun Life Liquid Fund Direct IDCW	5	NA	NA	49,803.08
Axis Liquid Direct Fund IDCW Monthly	5	NA	NA	28,170.15
Edelweiss Liquid Direct IDCW Weekly	5	NA	NA	8,130.21
Edelweiss Liquid Direct IDCW Monthly	5	NA	NA	8,130.21