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2 star

Sundaram Short Duration Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate 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 0.10 0.01 0.09 0.34 1.05 2.22 4.10 4.18 5.14 6.38 --
CCIL T Bill Liquidity Weight 0.09 0.01 0.06 0.18 0.52 1.04 2.10 3.09 3.50 3.91 --
Debt: Short Duration 0.08 0.01 0.08 0.10 0.71 2.44 4.78 6.73 6.60 7.44 --
Rank within category 13 15 8 1 1 7 15 21 20 20 --
Number of funds in category 27 27 27 27 27 26 25 24 22 22 0

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Short Duration Fund - Direct Plan
2 star
Jan-13 4.10 4.18 5.14 0.65% 410
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.64 8.65 7.83 0.37% 22,059
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.54 8.32 7.73 0.29% 18,229
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.31 8.26 7.58 0.34% 17,261
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 4.17 7.88 7.38 0.30% 13,802

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.41 03-Jul-2020 - 10-Jul-2020 -9.36 03-Jun-2019 - 10-Jun-2019
Month 8.91 10-Jun-2020 - 10-Jul-2020 -8.82 31-May-2019 - 01-Jul-2019
Quarter 11.36 30-Apr-2020 - 31-Jul-2020 -7.69 02-Apr-2019 - 02-Jul-2019
Year 14.79 30-Apr-2020 - 30-Apr-2021 -6.51 30-Apr-2019 - 30-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.52 7.92 0.10 0.08 -2.66 -0.81
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Short Duration 6.71 3.55 1.57 3.05 0.59 3.34
Rank within category 22 23 22 22 4 24
Number of funds in category 25 25 25 25 25 25

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 40 40 20 58
Modified Duration (yrs) 2.41 2.85 2.05 --
Average Maturity (yrs) 2.81 3.39 2.45 --
Yield to Maturity (%) 5.15 5.18 4.64 --
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
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 8.52 7.61
new Reserve Bank of India 182-D 12/05/2022 Treasury Bills SOV 0.00 - 6.02 6.02
new 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 4.88 4.88
new 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 3.82 3.82
new 9.10% Export-Import Bank 15/06/2022 Bonds AAA 0.00 - 3.74 3.74
new LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 3.58 3.58
new 6.10% GOI 2031 GOI Securities SOV 0.00 - 3.57 3.57
new 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.34 3.34
new 5.64% Citicorp Finance 20/01/2024 Debenture AAA 0.00 - 2.93 2.93
new 6.75% Power Finance Corporation 22/05/2023 Debenture AAA 0.00 - 2.50 2.50
new 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 2.49 2.49
new 7.62% Housing & Urban Development Corporation 15/07/2022 Debenture AAA 0.00 - 2.48 2.48
new 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 2.48 2.48
new 5.44% Chennai Petroleum Corporation 24/06/2024 Debenture AAA 0.00 - 2.42 2.42
new Axis Bank 28/04/2022 Certificate of Deposit A1+ 0.00 - 2.41 2.41
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.41 2.41
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 10.31 2.30
up 7.24% REC 31/12/2022 Non Convertible Debenture AAA 2.25 - 4.46 2.25
new 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.89 1.89
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.89 1.89
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 1.27 - 5.68 1.27
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 5.73 1.27
equal 7.35% HDFC 2025 Debenture AAA 1.27 - 5.66 1.27
equal 7.60% ICICI Bank 2023 Bonds AAA 1.27 - 5.67 1.27
equal 7.05% Reliance Industries 13/09/2023 Debenture AAA 1.26 - 5.62 1.26

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-2021

*As on 30-Nov-2021

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 01-Jan-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:


0.01%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 37.7553

IDCW Yearly: ₹ 12.8950

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IDCW Weekly: ₹ 12.8850

IDCW Quarterly: ₹ 12.8640

IDCW Monthly: ₹ 12.8837

IDCW Half Yearly: ₹ 12.8950

IDCW Fortnightly: ₹ 12.8850


Investment Strategy

The fund aims to generate income and capital appreciation from a portfolio of debt and money market instruments. The fund can be slotted between a cash fund and a bond fund.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 2,000
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.14%
Benchmark: NIFTY Short Duration Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 410 Cr (As on 31-Dec-2021)
Expense: 0.65% (As on 30-Nov-2021)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly14-Jan-20220.0112

 17-Dec-20210.0541
 17-Nov-20210.0295
 14-Oct-20210.0016
 17-Sep-20210.0742
 17-Aug-20210.0806
 16-Jul-20210.0404
 17-Jun-20210.0274
 17-May-20210.1150
 16-Apr-20210.0351
 17-Dec-20200.0597
 17-Nov-20200.0962
 16-Oct-20200.1317
 17-Jul-20200.4694
 17-May-20190.0439
 16-Apr-20190.0476
 15-Mar-20190.0834
 15-Feb-20190.0622
 17-Jan-20190.0842
 17-Dec-20180.0858
 16-Nov-20180.0696
 17-Oct-20180.0608
 17-Sep-20180.0219
 16-Aug-20180.0496
 17-Jul-20180.0851
IDCW Fortnightly14-Jan-20220.0100
IDCW Weekly14-Jan-20220.0100

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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