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Sundaram Overnight Fund Direct Growth+0.01%

3.59%
1 Year Return
Debt
Overnight
5.0star
6M
1Y
All

Fund Details

Sundaram Overnight Fund Direct Growth

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.10%
NAV1083.64 (01 Dec 2020)
Fund Started19 Mar 2019
Fund Size1,020 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.6%
-
-
4.3%
Category Average
3.5%
4.9%
5.4%
-
Rank Within Category
10
-
-
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.6% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.1%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Fund Managers

    Siddharth Chaudhary
    keyboard_arrow_down
    Sandeep Agarwal
    keyboard_arrow_down

    Sundaram Overnight Fund Direct Growth Details

    Sundaram Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 19 Mar 2019. Siddharth Chaudhary is the Current Fund Manager of Sundaram Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,020 Cr and the Latest NAV as of 01 Dec 2020 is ₹1083.64.

    The Sundaram Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity /maturing in one business day.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Sundaram Mutual Fund

    Address
    Sundaram Towers, 2nd Floor,46 Whites Road, Royapettah Chennai 600 014
    Phone
    044-28583362/3367
    Launch Date
    26 Feb 1996
    Sundaram Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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