Sundaram Short Duration Fund

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Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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Moderate

₹39.8252 0.02%

As on 01-Mar-2024

Returns

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Calculate SIP Returns of Sundaram Short Duration Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Sundaram Short Duration Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Sundaram Short Duration Fund

Assets info

₹199 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

250

Min. No of Cheques

6

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.

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."

Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for Sundaram Short Duration Fund

Sundaram Short Duration Fund is mandated to invest in bonds such that the duration of the portfolio is between one and three years.

Mutual funds can be bought directly from the website of the fund house. For instance, Sundaram Short Duration Fund fund can be purchased from the website of Sundaram Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Sundaram Short Duration Fund is ₹39.8252 as of 03-Mar-2024.

The AUM of Sundaram Short Duration Fund Fund is ₹199 Cr as of 31-Jan-2024

The riskometer level of Sundaram Short Duration Fund is Moderate. See More

Company Percentage of Portfolio

GOI Sec 7.18 14/08/2033

14.61

GOI Sec 7.06 10/04/2028

7.54

GOI Sec 7.38 20/06/2027

5.08

REC Ltd SR 220-B FRB 7.69 31/03/2033

5.05

Power Finance Corporation Ltd SR BS227B Debenture 7.77 15/04/2028

5.05
See More

As of 31-Jan-2024, Sundaram Short Duration Fund had invested 84.79% in Debt and 15.21% in Cash & Cash Eq. See More

Sundaram Short Duration Fund is 21 years 6 months old. It has delivered 7.16% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.43%
7.41%
5.26%
5.49%
6.50%
7.16%

No, There is no lock in period in Sundaram Short Duration Fund.

The expense ratio of Sundaram Short Duration Fund is 0.84.

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