Fund Details
Sundaram Ultra Short Term Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.17% |
| NAV | ₹11.03 (02 Mar 2021) |
|---|---|
| Fund Started | 24 Jun 2019 |
| Fund Size | ₹1,163 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Age is less than 3 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | CP | 4.3% |
| Bank Of Baroda | Financial | CD | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.2% |
| Export-Import Bank Of India | Financial | CD | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.2% |
Fund Managers
Sundaram Ultra Short Term Fund Direct Growth Details
Sundaram Ultra Short Term Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,163 Cr and the Latest NAV as of 02 Mar 2021 is ₹11.03.
The Sundaram Ultra Short Term Fund Direct Growth 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.
