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2 star

Sundaram Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.31 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."

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 12.19 0.02 0.07 0.26 9.38 10.46 12.52 5.76 6.30 7.04 --
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: Low Duration* 4.22 0.01 0.06 0.30 1.39 2.55 4.67 5.06 5.77 6.63 --
Rank within category* 1 8 7 21 1 1 1 16 14 12 --
Number of funds in category* 24 24 24 24 24 24 24 24 23 21 0

As on 26-Nov-2021

* As on 28-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Low Duration Fund - Direct Plan
2 star
Jan-13 12.52 5.76 6.30 0.33% 491
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.56 7.45 7.22 0.40% 31,730
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.62 7.45 7.15 0.44% 21,669
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.35 7.57 7.45 0.40% 17,415
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 4.34 7.61 7.63 0.41% 11,005

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.29 16-Sep-2021 - 23-Sep-2021 -5.44 03-Jun-2019 - 10-Jun-2019
Month 8.82 20-Sep-2021 - 20-Oct-2021 -5.01 03-Jun-2019 - 03-Jul-2019
Quarter 9.57 20-Jul-2021 - 20-Oct-2021 -7.49 31-May-2019 - 30-Aug-2019
Year 12.75 16-Oct-2020 - 18-Oct-2021 -3.49 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.93 6.19 0.33 0.40 -3.21 0.10
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Low Duration 5.27 4.37 1.64 3.35 -0.66 1.00
Rank within category 17 18 17 17 4 18
Number of funds in category 24 24 24 24 24 24

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 27 21 60
Modified Duration (yrs) 0.52 0.82 0.48 --
Average Maturity (yrs) 0.75 0.97 0.52 --
Yield to Maturity (%) 4.27 4.27 3.74 --
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
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 7.97 6.12
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 5.16 5.16
equal Reliance Industries 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 6.57 5.09
equal Tata Power Solar Systems 91-D 23/11/2021 Commercial Paper A1+ 0.00 - 6.56 5.08
new IIFL Wealth Management 67-D 20/12/2021 Commercial Paper A1+ 0.00 - 4.05 4.05
new Aditya Birla Money 90-D 27/01/2022 Commercial Paper A1+ 0.00 - 4.03 4.03
down 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.85 3.85
equal 6.75% Power Finance Corporation 22/05/2023 Debenture AAA 0.00 - 4.12 3.14
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 4.09 3.13
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 4.08 3.10
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 3.91 3.03
equal Julius Baer Capital 120-D 12/01/2022 Commercial Paper A1+ 0.00 - 3.03 3.03
equal Axis Bank 28/04/2022 Certificate of Deposit A1+ 0.00 - 3.87 3.00
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 2.82 2.15
equal 9.10% Export-Import Bank 15/06/2022 Bonds AAA 0.00 - 2.75 2.10
equal 7.21% HDFC 30/12/2022 Debenture AAA 1.94 - 3.01 2.09
equal 5.90% LIC Housing Fin. 2023 Zero Coupon Bonds AAA 0.00 - 2.69 2.06
equal IGH Holdings 91-D 09/12/2021 Commercial Paper A1+ 0.00 - 2.03 2.03
equal IIFL Wealth Prime 161-D 25/02/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
equal LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 2.55 1.98
down 7.32% GOI 28/01/2024 GOI Securities SOV 1.07 - 7.74 1.07
equal 7.62% Housing & Urban Development Corporation 15/07/2022 Debenture AAA 0.97 - 1.51 1.04
equal 8.35% REC 13/03/2022 Debenture AAA 0.96 - 1.50 1.03
new IIFL Wealth Prime 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 1.02 1.02

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 02-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 02-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:


0.02%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 30.1599

IDCW Weekly: ₹ 12.5008

More

IDCW Quarterly: ₹ 12.6034

IDCW Monthly: ₹ 11.6538

IDCW Fortnightly: ₹ 11.9197

IDCW Daily: ₹ 11.0340


Investment Strategy

The scheme objective is to provide a level of income consistent with liquidity through investments made primarily in money-market and debt securities.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 7.65%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 491 Cr (As on 31-Oct-2021)
Expense: 0.33% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0019

 25-Nov-20210.0014
 24-Nov-20210.0005
 22-Nov-20210.0035
 17-Nov-20210.0011
 16-Nov-20210.0013
 12-Nov-20210.0005
 09-Nov-20210.0051
 08-Nov-20210.0089
 03-Nov-20210.0029
 02-Nov-20210.0019
 26-Oct-20210.0011
 20-Oct-20210.0076
 18-Oct-20210.0085
 14-Oct-20210.0023
 13-Oct-20210.0033
 12-Oct-20210.0010
 11-Oct-20210.0122
 08-Oct-20210.0015
 07-Oct-20210.0099
 06-Oct-20210.0029
 04-Oct-20210.0038
 01-Oct-20210.0050
 30-Sep-20210.0192
 28-Sep-20210.0007
IDCW Fortnightly26-Nov-20210.0105

 12-Nov-20210.0258
 29-Oct-20210.0339
 08-Oct-20210.0485
 24-Sep-20210.0106
 09-Sep-20210.0158
 27-Aug-20210.0186
 13-Aug-20210.0188
 30-Jul-20210.0292
 09-Jul-20210.0195
 25-Jun-20210.0020
 11-Jun-20210.0226
 28-May-20210.0176
 14-May-20210.0150
 30-Apr-20210.0336
 09-Apr-20210.0094
 26-Mar-20210.0248
 12-Mar-20210.0082
 26-Feb-20210.0147
 12-Feb-20210.0113
 29-Jan-20210.0047
 08-Jan-20210.0194
 24-Dec-20200.0136
 11-Dec-20200.0070
 27-Nov-20200.0183
IDCW Weekly26-Nov-20210.0093

 18-Nov-20210.0017
 12-Nov-20210.0164
 03-Nov-20210.0106
 29-Oct-20210.0027
 22-Oct-20210.0115
 14-Oct-20210.0213
 08-Oct-20210.0204
 01-Oct-20210.0304
 24-Sep-20210.0040
 17-Sep-20210.0072
 09-Sep-20210.0042
 03-Sep-20210.0124
 27-Aug-20210.0073
 20-Aug-20210.0122
 13-Aug-20210.0132
 06-Aug-20210.0066
 30-Jul-20210.0092
 23-Jul-20210.0088
 16-Jul-20210.0126
 09-Jul-20210.0123
 02-Jul-20210.0080
 25-Jun-20210.0022
 11-Jun-20210.0177
 04-Jun-20210.0060
IDCW Monthly17-Nov-20210.0410

 14-Oct-20210.0710
 17-Sep-20210.0346
 17-Aug-20210.0410
 16-Jul-20210.0372
 17-Jun-20210.0318
 17-May-20210.0426
 16-Apr-20210.0174
 26-Mar-20210.0321
 26-Feb-20210.0264
 29-Jan-20210.0262
 24-Dec-20200.0212
 27-Nov-20200.0390
 29-Oct-20200.0599
 25-Sep-20200.0438
 28-Aug-20200.0074
 31-Jul-20200.0671
 26-Jun-20200.0448
 29-May-20200.0693
 24-Apr-20200.0435
 27-Mar-20200.0176
 28-Feb-20200.0426
 31-Jan-20200.0591
 31-May-20190.0671
 26-Apr-20190.0276
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-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
 22-Apr-20160.1083
 22-Jan-20160.0903
 16-Sep-20141.0148
 30-May-20131.2459

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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