How to Invest in Sundaram Ultra Short Term Fund Direct IDCW Daily?

You can easily invest in Sundaram Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Sundaram Ultra Short Term Fund Direct IDCW Daily provide?

The Sundaram Ultra Short Term Fund Direct IDCW Daily has been there from 24 Jun 2019 and the average annual returns provided by this fund is 3.70% since its inception.

How much expense ratio is charged by Sundaram Ultra Short Term Fund Direct IDCW Daily?

The term Expense Ratio used for Sundaram Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily is 0.18% as of 31 Oct 2025...

What is the AUM of Sundaram Ultra Short Term Fund Direct IDCW Daily?

The AUM, short for Assets Under Management of Sundaram Ultra Short Term Fund Direct IDCW Daily is ₹1,284.95Cr as of 31 Oct 2025.

How to Redeem Sundaram Ultra Short Term Fund Direct IDCW Daily?

If you want to sell your Sundaram Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily?

You can select either SIP or Lumpsum investment of Sundaram Ultra Short Term Fund Direct IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Sundaram Ultra Short Term Fund Direct IDCW Daily?

The NAV of Sundaram Ultra Short Term Fund Direct IDCW Daily is ₹10.17 as of 31 Dec 2021.

What is the PE and PB ratio of Sundaram Ultra Short Term Fund Direct IDCW Daily?

The PE ratio ratio of Sundaram Ultra Short Term Fund Direct IDCW Daily 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 Ultra Short Term Fund Direct IDCW Daily - NAV, Mutual Fund Performance & Portfolio

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Sundaram Ultra Short Term Fund Direct IDCW Daily
Debt
Ultra Short Duration
Low to Moderate Risk
1M
6M
1Y
All
 NAV: 31 Dec 2021
₹10.17
Rating
NA
Min. SIP amount
Not Supported
Fund size
₹1,284.95Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (33)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.30%
Reserve Bank of India
FinancialT-Bills8.23%
Housing Development Finance Corpn. Ltd.
FinancialDebenture4.21%
JM Financial Products Ltd.
FinancialBR4.17%
Kotak Mahindra Investments Ltd.
FinancialCP4.16%
Reliance Industries Ltd.
EnergyCP4.16%
Reserve Bank of India
FinancialT-Bills4.12%
Reserve Bank of India
FinancialT-Bills4.11%
Axis Bank Ltd.
FinancialCD4.08%
National Bank For Agriculture & Rural Development
FinancialCP3.73%
Reserve Bank of India
FinancialT-Bills2.50%
LIC Housing Finance Ltd.
FinancialNCD2.11%
Power Finance Corporation Ltd.
FinancialDebenture2.10%
National Bank For Agriculture & Rural Development
FinancialDebenture2.09%
Hindustan Petroleum Corporation Ltd.
EnergyCP2.08%
Indian Oil Corporation Ltd.
EnergyCP2.08%
Larsen & Toubro Ltd.
ConstructionCP2.08%
Julius Baer Capital India Pvt Ltd.
FinancialCP2.08%
JM Financial Services Pvt. Ltd.
FinancialCP2.07%
Axis Bank Ltd.
FinancialCD2.06%
LIC Housing Finance Ltd.
FinancialCP2.05%
Reserve Bank of India
FinancialT-Bills2.05%
Power Finance Corporation Ltd.
FinancialBonds1.68%
Birla Group Holdings Pvt. Ltd.
FinancialCP1.65%
HDB Financial Services Ltd.
FinancialBonds/NCD1.51%
Reserve Bank of India
FinancialT-Bills1.48%
National Highways Authority of India Ltd.
ServicesNCD1.27%
Birla Group Holdings Pvt. Ltd.
FinancialCP1.24%
Power Finance Corporation Ltd.
FinancialNCD0.87%
LIC Housing Finance Ltd.
FinancialDebenture0.85%
Power Finance Corporation Ltd.
FinancialBonds0.84%
LIC Housing Finance Ltd.
FinancialNCD0.84%
REC Ltd.
FinancialDebenture0.43%
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 Ultra Short Duration
Absolute returns
3M6M1YAll
Fund returns0.9%1.8%3.7%13.8%
Category averageNANA6.9%NA
Rank with in category121715NA
Understand terms
Peer ComparisonDebt, Ultra Short Duration fundsRating1Y3YFund Size(Cr)
Mahindra Manulife Ultra Short Duration Fund Direct IDCW Daily
4
7.5%7.5%208.35
HSBC Ultra Short Duration Fund Direct IDCW Daily
3
7.4%7.4%2,496.30
Bandhan Ultra Short Duration Fund Direct IDCW Daily
2
7.3%7.4%3,859.55
WhiteOak Capital Ultra Short Duration Fund Direct IDCW Daily
4
7.2%7.2%531.12
LIC MF Ultra Short Duration Fund Direct IDCW Daily
5
7.4%7.2%217.17
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
0.18%
31 Oct 2021 - 30 Nov 2021
0.18%
30 Sep 2021 - 31 Oct 2021
0.18%
31 Aug 2021 - 30 Sep 2021
0.19%
31 Jul 2021 - 31 Aug 2021
0.19%
30 Jun 2021 - 31 Jul 2021
0.19%
31 May 2021 - 30 Jun 2021
0.20%
30 Apr 2021 - 31 May 2021
0.20%
31 Mar 2021 - 30 Apr 2021
0.20%
28 Feb 2021 - 31 Mar 2021
0.20%
31 Jan 2021 - 28 Feb 2021
0.17%
31 Dec 2020 - 31 Jan 2021
0.20%
30 Nov 2020 - 31 Dec 2020
0.21%
31 Oct 2020 - 30 Nov 2020
0.21%
30 Sep 2020 - 31 Oct 2020
0.21%
31 Aug 2020 - 30 Sep 2020
0.21%
31 Jul 2020 - 31 Aug 2020
0.21%
30 Jun 2020 - 31 Jul 2020
0.20%
31 May 2020 - 30 Jun 2020
0.21%
30 Apr 2020 - 31 May 2020
0.21%
31 Mar 2020 - 30 Apr 2020
0.21%
29 Feb 2020 - 31 Mar 2020
0.16%
31 Jan 2020 - 29 Feb 2020
0.16%
31 Dec 2019 - 31 Jan 2020
0.16%
30 Nov 2019 - 31 Dec 2019
0.14%
31 Oct 2019 - 30 Nov 2019
0.15%
30 Sep 2019 - 31 Oct 2019
0.15%
31 Aug 2019 - 30 Sep 2019
0.17%
31 Jul 2019 - 31 Aug 2019
0.17%
30 Jun 2019 - 31 Jul 2019
0.16%
Expense ratio, exit load and taxExpense ratio: 0.18%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund managementSiddharth Chaudhary
Jun 2019 - 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
Sandeep Agarwal
Jun 2019 - Present
View details
Education
Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.
Experience
Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Also manages these schemes
Sundaram Equity Hybrid Fund Direct Growth
Sundaram Corporate Bond Fund Direct Growth
Sundaram Short Term Credit Risk 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 Fixed Term Plan IE Direct Growth
Sundaram Fixed Term Plan IJ Direct Growth
Sundaram Fixed Term Plan IK Direct Growth
Sundaram Money Market Fund Direct Growth
Sundaram Ultra Short Term Fund Direct Growth
Sundaram Low Duration Fund Direct Growth
Sundaram Ultra Short Duration Fund Direct Growth
Sundaram Short Duration Fund Direct Growth
Sundaram Aggressive Hybrid Fund Direct Growth
Sundaram Multi Asset Allocation Fund Direct Growth
Sundaram Business Cycle Fund Direct Growth
Sundaram Multi Factor 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 Ultra Short Term Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund.     This scheme was made available to investors on 26 Feb 1996.     Siddharth Chaudhary is the Current Fund Manager of Sundaram Ultra Short Term Fund Direct IDCW Daily fund.     The fund currently has an Asset Under Management(AUM) of ₹71,486 Cr and     the Latest NAV as of 31 Dec 2021 is ₹10.17.  

    The Sundaram Ultra Short Term Fund Direct IDCW Daily is rated Low to Moderate risk.               
  ;
Investment ObjectiveThe scheme seeks to generate regular income by investing predominantly in debt and money market instruments. 
 
;
Fund benchmarkNIFTY Ultra Short Duration Debt 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 Ultra Short Term Fund Direct IDCW Daily
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	8.30%
Reserve Bank of India	Financial	T-Bills	8.23%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	4.21%
JM Financial Products Ltd.	Financial	BR	4.17%
Kotak Mahindra Investments Ltd.	Financial	CP	4.16%
Reliance Industries Ltd.	Energy	CP	4.16%
Reserve Bank of India	Financial	T-Bills	4.12%
Reserve Bank of India	Financial	T-Bills	4.11%
Axis Bank Ltd.	Financial	CD	4.08%
National Bank For Agriculture & Rural Development	Financial	CP	3.73%
Reserve Bank of India	Financial	T-Bills	2.50%
LIC Housing Finance Ltd.	Financial	NCD	2.11%
Power Finance Corporation Ltd.	Financial	Debenture	2.10%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.09%
Hindustan Petroleum Corporation Ltd.	Energy	CP	2.08%
Indian Oil Corporation Ltd.	Energy	CP	2.08%
Larsen & Toubro Ltd.	Construction	CP	2.08%
Julius Baer Capital India Pvt Ltd.	Financial	CP	2.08%
JM Financial Services Pvt. Ltd.	Financial	CP	2.07%
Axis Bank Ltd.	Financial	CD	2.06%
LIC Housing Finance Ltd.	Financial	CP	2.05%
Reserve Bank of India	Financial	T-Bills	2.05%
Power Finance Corporation Ltd.	Financial	Bonds	1.68%
Birla Group Holdings Pvt. Ltd.	Financial	CP	1.65%
HDB Financial Services Ltd.	Financial	Bonds/NCD	1.51%
Reserve Bank of India	Financial	T-Bills	1.48%
National Highways Authority of India Ltd.	Services	NCD	1.27%
Birla Group Holdings Pvt. Ltd.	Financial	CP	1.24%
Power Finance Corporation Ltd.	Financial	NCD	0.87%
LIC Housing Finance Ltd.	Financial	Debenture	0.85%
Power Finance Corporation Ltd.	Financial	Bonds	0.84%
LIC Housing Finance Ltd.	Financial	NCD	0.84%
REC Ltd.	Financial	Debenture	0.43%

	3M	6M	1Y	All
Fund returns	0.9%	1.8%	3.7%	13.8%
Category average	NA	NA	6.9%	NA
Rank with in category	12	17	15	NA

Debt, Ultra Short Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Mahindra Manulife Ultra Short Duration Fund Direct IDCW Daily	4	7.5%	7.5%	208.35
HSBC Ultra Short Duration Fund Direct IDCW Daily	3	7.4%	7.4%	2,496.30
Bandhan Ultra Short Duration Fund Direct IDCW Daily	2	7.3%	7.4%	3,859.55
WhiteOak Capital Ultra Short Duration Fund Direct IDCW Daily	4	7.2%	7.2%	531.12
LIC MF Ultra Short Duration Fund Direct IDCW Daily	5	7.4%	7.2%	217.17