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3 star

Sundaram Money Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 3.04 0.01 0.08 0.31 0.83 1.71 3.34 4.90 5.75 6.43 --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 --
Debt: Liquid 3.00 0.01 0.08 0.31 0.83 1.69 3.29 4.85 5.64 6.34 --
Rank within category 10 6 22 25 15 10 11 15 15 15 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Money Fund - Direct Plan
3 star
Jan-13 3.34 4.90 5.75 0.17% 2,115
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.29 4.93 5.75 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.97 5.81 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.96 5.80 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.27 4.93 5.78 0.22% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.37 24-Mar-2020 - 31-Mar-2020 -0.10 17-Mar-2020 - 24-Mar-2020
Month 0.93 25-Jul-2013 - 24-Aug-2013 0.23 19-Nov-2020 - 19-Dec-2020
Quarter 2.72 25-Jul-2013 - 24-Oct-2013 0.76 21-Oct-2020 - 20-Jan-2021
Year 9.89 24-Jul-2013 - 24-Jul-2014 3.31 25-Oct-2020 - 25-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.89 0.49 2.10 17.11 1.04 1.66
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Liquid 4.84 0.48 2.00 10.24 1.01 1.59
Rank within category 15 14 13 3 18 16
Number of funds in category 35 35 35 35 35 35

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

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 24 37 24 35
Modified Duration (yrs) 0.06 0.12 0.06 --
Average Maturity (yrs) 0.06 0.12 0.06 --
Yield to Maturity (%) 3.62 3.62 3.01 --
Avg Credit Rating AAA -- -- --

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 182-D 25/11/2021 Treasury Bills SOV 0.00 - 16.51 16.51
equal Tata Power Solar Systems 91-D 23/11/2021 Commercial Paper A1+ 0.00 - 5.90 5.90
equal Reliance Industries 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 4.72 4.72
equal Chennai Petroleum Corporation 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 4.71 4.71
equal Reliance Jio Infocomm 92-D 06/12/2021 Commercial Paper A1+ 0.00 - 4.71 4.71
new Reserve Bank of India 364-D 25/11/2021 Treasury Bills SOV 0.00 - 4.10 4.10
new JM Financial Products 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 3.54 3.54
new The Ramco Cements 77-D 28/12/2021 Commercial Paper A1+ 0.00 - 3.52 3.52
new IIFL Wealth Prime 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 2.83 2.83
equal Aditya Birla Money 90-D 21/12/2021 Commercial Paper A1+ 0.00 - 2.82 2.82
new Reserve Bank of India 91-D 09/12/2021 Treasury Bills SOV 0.00 - 2.59 2.59
new Indian Oil Corporation 43-D 18/11/2021 Commercial Paper A1+ 0.00 - 2.36 2.36
equal National Bank Agr. Rur. Devp 90-D 22/11/2021 Commercial Paper A1+ 0.00 - 2.36 2.36
equal Sharekhan BNP Paribas Financial Services 91-D 29/11/2021 Commercial Paper A1+ 0.00 - 2.36 2.36
equal Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 2.36 2.36
equal Reserve Bank of India 91-D 16/12/2021 Treasury Bills SOV 0.00 - 2.35 2.35
equal Standard Chartered Invest&Loan 183-D 07/12/2021 Commercial Paper A1+ 0.00 - 2.35 2.35
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 2.35 2.35
new Julius Baer Capital 53-D 30/11/2021 Commercial Paper A1+ 0.00 - 2.12 2.12
equal IGH Holdings 91-D 09/12/2021 Commercial Paper A1+ 0.00 - 1.88 1.88
equal Astec Lifesciences 70-D 01/11/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
new JM Financial Capital 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
equal Sharekhan BNP Paribas Financial Services 91-D 24/11/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
new Reliance Industries 82-D 28/12/2021 Commercial Paper A1+ 0.00 - 1.18 1.18

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-Oct-2021

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 28-Nov-2021

Growth: ₹ 44.3674

IDCW Weekly: ₹ 12.0671

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IDCW Quarterly: ₹ 40.3675

IDCW Monthly: ₹ 10.7863

IDCW Fortnightly: ₹ 26.3617

IDCW Daily: ₹ 10.1025

Bonus: ₹ 15.8778


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 (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
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: 7.03%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,115 Cr (As on 31-Oct-2021)
Expense: 0.17% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0010

 25-Nov-20210.0010
 24-Nov-20210.0012
 23-Nov-20210.0010
 22-Nov-20210.0008
 21-Nov-20210.0029
 18-Nov-20210.0009
 17-Nov-20210.0010
 16-Nov-20210.0009
 15-Nov-20210.0010
 14-Nov-20210.0019
 12-Nov-20210.0011
 11-Nov-20210.0011
 10-Nov-20210.0010
 09-Nov-20210.0012
 08-Nov-20210.0015
 07-Nov-20210.0041
 03-Nov-20210.0012
 02-Nov-20210.0011
 01-Nov-20210.0009
 31-Oct-20210.0019
 29-Oct-20210.0009
 28-Oct-20210.0007
 27-Oct-20210.0009
 26-Oct-20210.0008
IDCW Weekly18-Nov-20210.0069

 12-Nov-20210.0119
 03-Nov-20210.0060
 29-Oct-20210.0063
 22-Oct-20210.0074
 14-Oct-20210.0069
 08-Oct-20210.0082
 01-Oct-20210.0071
 24-Sep-20210.0069
 17-Sep-20210.0083
 09-Sep-20210.0060
 03-Sep-20210.0076
 27-Aug-20210.0079
 20-Aug-20210.0083
 13-Aug-20210.0092
 06-Aug-20210.0074
 30-Jul-20210.0078
 23-Jul-20210.0083
 16-Jul-20210.0085
 09-Jul-20210.0074
 02-Jul-20210.0081
 25-Jun-20210.0086
 18-Jun-20210.0070
 11-Jun-20210.0078
 04-Jun-20210.0076
IDCW Monthly17-Nov-20210.0335

 14-Oct-20210.0260
 17-Sep-20210.0300
 17-Aug-20210.0334
 16-Jul-20210.0300
 17-Jun-20210.0295
 17-May-20210.0298
 16-Apr-20210.0147
 26-Mar-20210.0272
 26-Feb-20210.0261
 29-Jan-20210.0314
 24-Dec-20200.0220
 27-Nov-20200.0253
 29-Oct-20200.0340
 25-Sep-20200.0254
 28-Aug-20200.0269
 31-Jul-20200.0325
 26-Jun-20200.0299
 29-May-20200.0458
 24-Apr-20200.0390
 27-Mar-20200.0320
 28-Feb-20200.0300
 31-Jan-20200.0370
 27-Dec-20190.0298
 29-Nov-20190.0386
IDCW Fortnightly12-Nov-20210.0391

 29-Oct-20210.0451
 08-Oct-20210.0333
 24-Sep-20210.0334
 09-Sep-20210.0295
 27-Aug-20210.0355
 13-Aug-20210.0363
 30-Jul-20210.0537
 09-Jul-20210.0340
 25-Jun-20210.0340
 11-Jun-20210.0337
 28-May-20210.0333
 14-May-20210.0326
 30-Apr-20210.0486
 09-Apr-20210.0204
 26-Mar-20210.0342
 12-Mar-20210.0280
 26-Feb-20210.0300
 12-Feb-20210.0312
 29-Jan-20210.0435
 08-Jan-20210.0309
 24-Dec-20200.0273
 11-Dec-20200.0243
 27-Nov-20200.0268
 13-Nov-20200.0328
IDCW Quarterly27-Sep-20210.0750

 28-Jun-20210.1500
 25-Mar-20210.1500
 22-Dec-20200.1500
 24-Sep-20200.1500
 16-Jul-20200.1500
 26-Mar-20200.1080
 30-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

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: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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