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Sundaram Money Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.24 0.01 0.09 0.44 1.33 2.86 6.58 6.94 7.36 7.89 --
Debt: Liquid 0.23 0.01 0.09 0.42 1.30 2.80 6.44 6.68 7.19 7.77 --
Rank within category 9 25 13 11 11 14 14 15 15 12 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 0.93 (25-Jul-2013 - 24-Aug-2013) 0.38 (24-Jun-2013 - 24-Jul-2013)
Quarter 2.72 (25-Jul-2013 - 24-Oct-2013) 1.31 (18-Oct-2019 - 17-Jan-2020)
Year 9.89 (24-Jul-2013 - 24-Jul-2014) 6.58 (17-Jan-2019 - 17-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.75 0.20 5.13 7.69 0.34 1.60
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 17 12 16 14 20 17
Number of funds in category 35 35 35 33 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 53 88 50 53
Modified Duration (yrs) 0.13 0.16 0.07 0.10
Average Maturity (yrs) 0.13 0.16 0.07 0.10
Yield to Maturity (%) 5.37 7.24 5.28 5.28

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 11.80 11.80
new Reserve Bank of India 91-D 12/03/2020 Treasury Bills SOV 0.00 - 6.73 6.73
new Reserve Bank of India 91-D 19/03/2020 Treasury Bills SOV 0.00 - 6.73 6.73
new Reserve Bank of India 91-D 26/03/2020 Treasury Bills SOV 0.00 - 5.60 5.60
new Indian Oil Corp. 45-D 27/01/2020 Commercial Paper A1+ 0.00 - 3.39 3.39
equal Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 3.38 3.38
up TVS Credit Services 91-D 29/01/2020 Commercial Paper A1+ 0.00 - 3.16 3.16
equal Reliance Retail Ltd. 60-D 14/01/2020 Commercial Paper A1+ 0.00 - 2.26 2.26
equal Axis Bank 17/01/2020 Certificate of Deposit A1+ 0.00 - 2.26 2.26
equal Tata Steel Processing And Distribution 60-D 21/01/2020 Commercial Paper A1+ 0.00 - 2.26 2.26
equal National Bank Agr. Rur. Devp 252-D 31/01/2020 Commercial Paper A1+ 0.00 - 2.26 2.26
equal Bajaj Housing Finance 91-D 05/02/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
equal SAIL 91-D 04/02/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
equal Birla Group Holdings 61-D 27/01/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
equal Reliance Jio Infocomm 90-D 12/02/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
equal Reliance Industries 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
equal Reliance Jio Infocomm 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 2.25 2.25
new Power Grid Corporation 90-D 26/03/2020 Securitised Debt A1+ 0.00 - 2.24 2.24
new Redington India 60-D 25/02/2020 Commercial Paper A1+ 0.00 - 2.13 2.13
equal DCB Bank 27/01/2020 Certificate of Deposit A1+ 0.00 - 2.03 2.03
equal AU Small Finance Bank 30/01/2020 Certificate of Deposit A1+ 0.00 - 2.03 2.03
new HDFC Securities 91-D 18/03/2020 Commercial Paper A1+ 0.00 - 2.02 2.02
equal TVS Credit Services 91-D 25/02/2020 Commercial Paper A1+ 0.00 - 1.91 1.91
equal Muthoot Finance 365-D 20/02/2020 Commercial Paper A1+ 0.00 - 1.80 1.80
equal Godrej Industries 90-D 06/02/2020 Commercial Paper A1+ 0.00 - 1.69 1.69

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Dwijendra Srivastava since 01-Jan-2013

Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Funds Managed:

— Siddharth Chaudhary since 01-Jan-2013

Education: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).

Experience: Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.

Funds Managed:


0.01%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 41.3883

Dividend Weekly: ₹ 11.9479

More

Dividend Quarterly: ₹ 38.5972

Dividend Monthly: ₹ 10.7671

Dividend Fortnightly: ₹ 26.2395

Dividend Daily: ₹ 10.1025

Bonus: ₹ 14.8117


Investment Strategy

The scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.90%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 4,413 Cr (As on 31-Dec-2019)
Expense: 0.14% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily17-Jan-20200.0010

 16-Jan-20200.0011
 15-Jan-20200.0011
 14-Jan-20200.0009
 13-Jan-20200.0007
 12-Jan-20200.0010
 11-Jan-20200.0010
 10-Jan-20200.0009
 09-Jan-20200.0010
 08-Jan-20200.0010
 07-Jan-20200.0010
 06-Jan-20200.0009
 05-Jan-20200.0010
 04-Jan-20200.0010
 03-Jan-20200.0010
 02-Jan-20200.0015
 01-Jan-20200.0012
 31-Dec-20190.0010
 30-Dec-20190.0010
 29-Dec-20190.0010
 28-Dec-20190.0010
 27-Dec-20190.0012
 26-Dec-20190.0010
 25-Dec-20190.0011
 24-Dec-20190.0010
Dividend Weekly17-Jan-20200.0069

 10-Jan-20200.0068
 03-Jan-20200.0074
 27-Dec-20190.0074
 20-Dec-20190.0072
 13-Dec-20190.0077
 06-Dec-20190.0068
 29-Nov-20190.0076
 22-Nov-20190.0076
 15-Nov-20190.0087
 07-Nov-20190.0053
 01-Nov-20190.0075
 25-Oct-20190.0071
 18-Oct-20190.0076
 11-Oct-20190.0081
 04-Oct-20190.0085
 27-Sep-20190.0071
 20-Sep-20190.0071
 13-Sep-20190.0080
 06-Sep-20190.0082
 30-Aug-20190.0068
 23-Aug-20190.0084
 16-Aug-20190.0076
 09-Aug-20190.0090
 02-Aug-20190.0092
Dividend Fortnightly10-Jan-20200.0349

 27-Dec-20190.0350
 13-Dec-20190.0351
 29-Nov-20190.0580
 07-Nov-20190.0322
 25-Oct-20190.0361
 11-Oct-20190.0397
 27-Sep-20190.0338
 13-Sep-20190.0387
 30-Aug-20190.0591
 09-Aug-20190.0434
 26-Jul-20190.0441
 12-Jul-20190.0442
 28-Jun-20190.0437
 14-Jun-20190.0464
 31-May-20190.0741
 10-May-20190.0470
 26-Apr-20190.0467
 12-Apr-20190.0483
 29-Mar-20190.0744
 08-Mar-20190.0462
 22-Feb-20190.0465
 08-Feb-20190.0478
 25-Jan-20190.0483
 11-Jan-20190.0501
Dividend Quarterly30-Dec-20190.1080

 26-Sep-20190.1080
 26-Jun-20190.1080
 26-Mar-20190.1080
 20-Dec-20180.1080
 26-Sep-20180.1080
 26-Jun-20180.1080
 27-Mar-20180.1083
 19-Dec-20170.1083
 21-Sep-20170.1083
 27-Jun-20170.1083
 27-Mar-20170.1083
 21-Dec-20160.1083
 23-Sep-20160.1083
 21-Jun-20160.1083
 23-Mar-20160.1083
Dividend Monthly27-Dec-20190.0298

 29-Nov-20190.0386
 25-Oct-20190.0324
 27-Sep-20190.0310
 30-Aug-20190.0445
 26-Jul-20190.0377
 28-Jun-20190.0384
 31-May-20190.0515
 26-Apr-20190.0406
 29-Mar-20190.0510
 22-Feb-20190.0402
 25-Jan-20190.0421
 28-Dec-20180.0426
 30-Nov-20180.0546
 26-Oct-20180.0426
 28-Sep-20180.0409
 31-Aug-20180.0515
 27-Jul-20180.0419
 29-Jun-20180.0524
 25-May-20180.0383
 27-Apr-20180.0417
 28-Mar-20180.0464
 23-Feb-20180.0392
 25-Jan-20180.0362
 29-Dec-20170.0461

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

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dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM