Fund Details
Sundaram Ultra Short Term Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.20% |
| NAV | ₹10.35 (24 Jun 2021) |
|---|---|
| Fund Started | 24 Jun 2019 |
| Fund Size | ₹1,162 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
2. Exit load is zero
1. Age is less than 3 years
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.6% |
| Reserve Bank of India | Financial | T-Bills | 8.5% |
| Reserve Bank of India | Financial | T-Bills | 8.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.4% |
| Bank Of Baroda | Financial | CD | 4.3% |
| Reliance Industries Ltd. | Energy | CP | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| Axis Bank Ltd. | Financial | CD | 4.2% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 2.6% |
Fund Managers
Sundaram Ultra Short Term Fund Direct IDCW Weekly Details
Sundaram Ultra Short Term Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 24 Jun 2019. Siddharth Chaudhary is the Current Fund Manager of Sundaram Ultra Short Term Fund Direct IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,162 Cr and the Latest NAV as of 24 Jun 2021 is ₹10.35.
The Sundaram Ultra Short Term Fund Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
Investment Objective
The scheme seeks to generate regular income by investing predominantly in debt and money market instruments.
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.
