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Sundaram Money Market Fund IDCW Weekly
Debt
Money Market
Low to Moderate Risk
+5.71%
3Y annualised
+0.08% 1D
NAV: 28 Jun '24
₹10.49
Min. for SIP
Not Supported
Fund size
₹264.76 Cr
Expense ratio
0.35%
Holdings (18)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 22.04% |
| Bank Of Baroda | Financial | CD | 6.69% |
| Axis Bank Ltd. | Financial | CD | 6.68% |
| Canara Bank | Financial | CD | 6.66% |
| Indian Bank | Financial | CD | 6.56% |
| HSBC InvestDirect Financial Services India Ltd. | Financial | CP | 4.63% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.47% |
| HDFC Bank Ltd. | Financial | CD | 4.46% |
| Punjab National Bank | Financial | CD | 4.46% |
| DBS Bank Ltd. | Financial | CD | 4.44% |
| ICICI Securities Ltd. | Financial | CP | 4.44% |
| LIC Housing Finance Ltd. | Financial | CP | 4.43% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.37% |
| IDFC First Bank Ltd. | Financial | CD | 3.12% |
| Indusind Bank Ltd. | Financial | CD | 3.12% |
| ICICI Bank Ltd. | Financial | CD | 2.24% |
| The Federal Bank Ltd. | Financial | CD | 2.24% |
| Union Bank of India | Financial | CD | 2.23% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +7.2% | +5.7% | +5.6% | +5.9% |
| Category average (Debt Money Market) | +7.2% | +7.2% | +5.9% | -- |
| Rank (Debt Money Market) | 10 | 10 | 11 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Baroda BNP Paribas Money Market Fund IDCW Weekly | +6.97% | +7.13% | 4,579.19 | |
PGIM India Money Market Fund IDCW Weekly | +6.79% | +7.06% | 203.31 | |
Sundaram Money Market Fund IDCW Weekly | +7.23% | +5.71% | 264.76 | |
| Compare | ||||
About Sundaram Money Market Fund IDCW Weekly
Sundaram Money Market Fund IDCW Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹75,674 Cr and the Latest NAV as of 28 Jun 2024 is ₹10.49.
The Sundaram Money Market Fund IDCW Weekly is rated Low to Moderate risk.
;
Investment Objective
The scheme seeks to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year.
Fund benchmarkNIFTY Money Market Index A-I
Fund house
Rank (total assets)#17 in India
Total AUM₹75,674.20 Cr
Date of Incorporation26 Feb 1996
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,