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5 star#

Sundaram Low Duration Fund - Direct Plan download report


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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
Sundaram Low Duration Direct-G 1.37 0.05 0.14 0.10 0.81 1.79 11.47 4.22 5.48 6.31 --
CCIL T Bill Liquidity Weight 0.59 0.04 0.04 -0.01 0.29 0.85 1.92 2.78 3.34 3.74 --
Debt: Low Duration 1.05 0.00 0.09 -0.13 0.48 1.43 4.06 4.95 5.97 6.70 --
Rank within category 1 1 2 1 1 1 1 18 17 16 --
Number of funds in category 22 22 22 22 22 22 22 22 22 21 0

As on 20-May-2022

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
5 star#
Jan-13 11.47 4.22 5.48 0.33% 587
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.82 6.44 6.82 0.39% 17,920
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.03 6.60 7.14 0.38% 14,540
Nippon India Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.03 5.92 6.64 0.36% 9,632
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 3.62 6.44 7.13 0.42% 8,177

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.70 30-Jun-2020 - 07-Jul-2020 -16.54 28-May-2019 - 04-Jun-2019
Month 6.37 09-Jun-2020 - 09-Jul-2020 -16.55 10-May-2019 - 10-Jun-2019
Quarter 7.45 30-Apr-2020 - 31-Jul-2020 -15.88 11-Mar-2019 - 10-Jun-2019
Year 10.69 30-Apr-2020 - 30-Apr-2021 -15.47 30-Apr-2019 - 30-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Sundaram Low Duration Direct-G 4.43 6.26 0.14 0.15 -4.94 -2.41
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Low Duration 5.15 3.14 1.51 3.51 -0.10 1.55
Rank within category 18 18 18 18 2 20
Number of funds in category 22 22 22 22 22 22

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 43 50 20 56
Modified Duration (yrs) 0.48 0.66 0.48 0.60
Average Maturity (yrs) 0.67 0.77 0.52 0.86
Yield to Maturity (%) 4.70 4.70 3.69 4.89
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 - 6.03 5.11
equal Indian Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 4.82 4.24
equal Reliance Retail Ventures 138-D 20/06/2022 Commercial Paper A1+ 0.00 - 4.82 4.24
new Astec Lifesciences 57-D 23/06/2022 Commercial Paper A1+ 0.00 - 4.23 4.23
equal Reserve Bank of India 182-D 14/07/2022 Treasury Bills SOV 0.00 - 4.81 4.23
equal HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 4.78 4.21
equal Canara Bank 22/08/2022 Certificate of Deposit A1+ 0.00 - 4.78 4.20
equal Export-Import Bank 184-D 30/09/2022 Certificate of Deposit A1+ 0.00 - 4.76 4.18
new HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 4.16 4.16
equal IIFL Wealth Prime 91-D 08/06/2022 Commercial Paper A1+ 0.00 - 3.85 3.39
equal Standard Chartered Capital 334-D 24/01/2023 Commercial Paper A1+ 0.00 - 3.72 3.27
equal 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.82 3.16
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 2.98 2.60
new 5.84% Indian Oil Corporation 19/04/2024 Debenture AAA 0.00 - 2.56 2.56
equal JM Financial Products 188-D 15/09/2022 Commercial Paper A1+ 0.00 - 2.84 2.50
equal 8.27% Rajasthan State 23/06/2022 State Development Loan SOV 0.00 - 2.45 2.06
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 2.05 1.73
equal 9.10% Export-Import Bank 15/06/2022 Bonds AAA 0.00 - 2.04 1.71
equal 5.90% LIC Housing Fin. 2023 Zero Coupon Bonds AAA 0.00 - 2.02 1.71
equal 5.35% LIC Housing Fin. 20/03/2023 Debenture AAA 0.00 - 1.95 1.70
equal 5.64% Citicorp Finance 20/01/2024 Debenture AAA 0.00 - 2.01 1.70
equal Godrej Agrovet 105-D 31/05/2022 Commercial Paper A1+ 0.00 - 1.93 1.70
equal JM Financial Services 181-D 02/06/2022 Commercial Paper A1+ 0.00 - 1.98 1.70
down Reserve Bank of India 182-D 01/09/2022 Treasury Bills SOV 0.00 - 4.78 1.68
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.55 1.31

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 30-Apr-2022

Fund Manager

— Dwijendra Srivastava since 01-Jan-2022

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:

— Sandeep Agarwal since 16-May-2022

Education: Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.

Experience: Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.

Funds Managed:


0.05%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 2,967.6821

IDCW Weekly: ₹ 976.7226

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IDCW Quarterly: ₹ 1,102.2280

IDCW Monthly: ₹ 1,095.6001

IDCW Fortnightly: ₹ 1,094.9044

IDCW Daily: ₹ 978.1897


Investment Strategy

The scheme will maintain a judicious mix of cash, short term and medium term instruments.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.16%
Benchmark: NIFTY Low Duration Debt Index B-I
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 587 Cr (As on 30-Apr-2022)
Expense: 0.33% (As on 31-Mar-2022)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly17-May-20221.7119

 13-Apr-20223.3541
 17-Mar-20223.1807
 17-Feb-20223.7085
 14-Jan-20222.1122
 16-Apr-20194.0464
 15-Mar-20195.7958
 15-Feb-20191.6011
 17-Jan-20196.4498
 17-Dec-20186.6514
 16-Nov-20186.2337
 17-Oct-20180.4110
 17-Sep-20181.0621
 16-Aug-20184.4427
 17-Jul-20186.9248
 15-Jun-20185.1814
 17-May-20181.5530
 17-Apr-20186.5930
 16-Mar-20185.8749
 16-Feb-20184.5438
 17-Jan-20183.5226
 15-Dec-20173.6472
 17-Nov-20174.0704
 17-Oct-20174.9942
 15-Sep-20175.0423
IDCW Fortnightly29-Apr-20222.9809

 08-Apr-20221.4104
 25-Mar-20222.7011
 11-Mar-20221.1625
 25-Feb-20221.1940
 11-Feb-20222.4503
 28-Jan-20221.0744
IDCW Quarterly28-Mar-20227.5000
IDCW Daily02-May-20190.1732

 30-Apr-20190.6478
 26-Apr-20190.1396
 25-Apr-20190.0563
 24-Apr-20190.0216
 22-Apr-20190.1353
 16-Apr-20190.1359
 15-Apr-20190.2790
 29-Mar-20191.1449
 28-Mar-20190.2493
 27-Mar-20190.2672
 25-Mar-20190.4802
 22-Mar-20190.2594
 20-Mar-20190.0690
 19-Mar-20190.1208
 18-Mar-20190.5524
 15-Mar-20190.1779
 14-Mar-20190.5526
 13-Mar-20190.2089
 12-Mar-20190.3057
 11-Mar-20190.6078
 08-Mar-20190.2692
 07-Mar-20190.2266
 06-Mar-20190.2396
 05-Mar-20190.7582
IDCW Weekly30-Apr-20190.8425

 24-Apr-20190.1563
 16-Apr-20190.7169
 10-Apr-20190.6341
 03-Apr-20190.4552
 27-Mar-20191.0060
 20-Mar-20191.4724
 13-Mar-20191.6173
 06-Mar-20191.4301
 27-Feb-20190.8472
 20-Feb-20190.1464
 30-Jan-20190.9072
 23-Jan-20190.9608
 16-Jan-20191.3287
 09-Jan-20191.2068
 02-Jan-20191.3930
 26-Dec-20180.9626
 19-Dec-20181.6797
 12-Dec-20180.9786
 05-Dec-20181.7170
 28-Nov-20181.3661
 20-Nov-20181.2363
 14-Nov-20181.5610
 06-Nov-20181.0290
 31-Oct-20181.3000

Contact Information

AMC: Sundaram Asset Management Company Ltd

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

Phone: 1860-425-7237

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies 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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