Best Sundaram Debt Mutual Funds

This asset management company has an experience of over 20 years and is a wholly owned subsidiary of an extremely prestigious NBFC - Sundaram Finance Limited.

With a wide range of products offered under the Sundaram banner, Sundaram mutual funds have also made a mark in the financial industry. It offers a wide range of schemes, starting from equity, debt, income and liquid funds.

The fund management team boasts of an excellent research and analytical team that analyzes market conditions to optimize investor's returns.

For investors who want a regular income the main focus is on improving the credit quality of the portfolio. Sundaram was the first to launch funds in themes such as Mid-cap, Capex, Leadership, Rural India and Micro cap.

It targets to increase the value of each and every stakeholder and aspires to hold a high degree of business ethics.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Top 10 Sundaram Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Sundaram Corporate Bond FundDebtModerate2.6%4star346
BNP Paribas Short Term FundDebtModerately Low6.0%3star124
Sundaram Money FundDebtLow7.3%3star5,970
Sundaram Low Duration FundDebtModerately Low7.1%3star1,226
BNP Paribas Flexi Debt FundDebtModerate3.1%3star190
BNP Paribas Medium Term FundDebtModerate3.6%2star237
BNP Paribas Government Securities FundDebtModerately Low4.7%2star12
Sundaram Short Term Credit Risk FundDebtModerately Low7.4%2star431
Sundaram Medium Term Bond FundDebtModerate4.3%2star96
Sundaram Short Term Debt FundDebtModerately Low6.0%2star758
BNP Paribas Corporate Bond FundDebtModerate4.1%2star126
BNP Paribas Low Duration FundDebtLow7.0%1star236
Sundaram Banking & PSU Debt FundDebtModerate9.7%1star1,180
Sundaram Banking & PSU Debt FundDebtModerately Low4.2%1star943
Sundaram Gilt FundDebtModerate0.8%1star12
View All Top 10 Sundaram Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Sundaram Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 7.16% annualized returns in the last 3 years. In the last 1 year, it gave 2.65% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.65% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Sandeep Agarwal

Launch Date12 May 2013
Min Investment Amt5,000
Groww Rating4star
AUM346Cr
1Y Returns2.6%

BNP Paribas Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.56% annualized returns in the last 3 years. In the last 1 year, it gave 5.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.97% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM124Cr
1Y Returns6.0%

Sundaram Money Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.3% annualized returns in the last 3 years. In the last 1 year, it gave 7.35% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.35% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Siddharth Chaudhary

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating3star
AUM5,970Cr
1Y Returns7.3%

Sundaram Low Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.74% annualized returns in the last 3 years. In the last 1 year, it gave 7.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.12% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Siddharth Chaudhary

Launch Date1 Jan 2013
Min Investment Amt1,000
Groww Rating3star
AUM1,226Cr
1Y Returns7.1%

BNP Paribas Flexi Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 7.54% annualized returns in the last 3 years. In the last 1 year, it gave 3.1% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.1% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM190Cr
1Y Returns3.1%

BNP Paribas Medium Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 6.95% annualized returns in the last 3 years. In the last 1 year, it gave 3.6% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.6% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date4 Mar 2014
Min Investment Amt5,000
Groww Rating2star
AUM237Cr
1Y Returns3.6%

BNP Paribas Government Securities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.59% annualized returns in the last 3 years. In the last 1 year, it gave 4.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.73% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date1 May 2013
Min Investment Amt2,00,000
Groww Rating2star
AUM12Cr
1Y Returns4.7%

Sundaram Short Term Credit Risk Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 8.1% annualized returns in the last 3 years. In the last 1 year, it gave 7.42% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.42% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sandeep Agarwal

Launch Date26 Feb 2015
Min Investment Amt5,000
Groww Rating2star
AUM431Cr
1Y Returns7.4%

Sundaram Medium Term Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 7.47% annualized returns in the last 3 years. In the last 1 year, it gave 4.29% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.29% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Sandeep Agarwal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM96Cr
1Y Returns4.3%

Sundaram Short Term Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.76% annualized returns in the last 3 years. In the last 1 year, it gave 6.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.02% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Sandeep Agarwal

Launch Date7 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM758Cr
1Y Returns6.0%

BNP Paribas Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 7.71% annualized returns in the last 3 years. In the last 1 year, it gave 4.06% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.06% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating2star
AUM126Cr
1Y Returns4.1%

BNP Paribas Low Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.7% annualized returns in the last 3 years. In the last 1 year, it gave 7.04% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.04% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Mayank Prakash, Vikram Pamnani

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating1star
AUM236Cr
1Y Returns7.0%

Sundaram Banking & PSU Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 9.68% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.68% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Siddharth Chaudhary

Launch Date30 Mar 2015
Min Investment Amt5,000
Groww Rating1star
AUM1,180Cr
1Y Returns9.7%

Sundaram Banking & PSU Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 6.55% annualized returns in the last 3 years. In the last 1 year, it gave 4.17% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.17% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Siddharth Chaudhary

Launch Date8 Jan 2013
Min Investment Amt1,00,000
Groww Rating1star
AUM943Cr
1Y Returns4.2%

Sundaram Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 5.12% annualized returns in the last 3 years. In the last 1 year, it gave 0.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.85% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Dwijendra Srivastava, Sandeep Agarwal

Launch Date20 Feb 2013
Min Investment Amt5,000
Groww Rating1star
AUM12Cr
1Y Returns0.8%

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What does investing in Sundaram Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in Sundaram Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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