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Sundaram Short Term Debt Fund - Direct Plan


1 Lakh

Investment declined to
₹ 0.95 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.17 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.34 0.04 0.09 0.69 1.86 -1.46 -4.56 2.91 5.39 6.87 --
CCIL T Bill Liquidity Weight 0.17 0.01 0.01 0.28 0.83 1.91 4.24 4.15 4.46 4.80 --
Debt: Short Duration 0.21 0.02 -0.06 0.61 1.47 3.08 5.22 6.00 7.22 7.90 --
Rank within category 24 8 21 21 18 26 27 24 23 21 --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 2.43 (28-Aug-2013 - 27-Sep-2013) -7.47 (03-Jun-2019 - 03-Jul-2019)
Quarter 4.47 (18-Feb-2013 - 21-May-2013) -10.36 (31-May-2019 - 30-Aug-2019)
Year 11.95 (04-Mar-2014 - 04-Mar-2015) -4.64 (14-Jan-2019 - 14-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.11 5.58 -0.47 -0.26 1.92 0.55
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 25 22 25 25 2 26
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 49 19 57
Modified Duration (yrs) 1.99 2.96 1.06 2.04
Average Maturity (yrs) 3.40 4.71 1.20 2.49
Yield to Maturity (%) 6.48 9.30 6.48 7.45

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 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 13.62 13.62
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 8.52 8.52
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 8.40 8.40
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 8.33 8.33
equal 8.40% SIDBI 2021 Debenture AAA 1.29 - 5.67 5.67
equal 7.62% HUDCO 15/07/2022 Debenture AAA 0.00 - 5.60 5.60
equal 7.42% Power Finance Corp. 26/06/2020 Debenture AAA 1.27 - 5.54 5.54
new 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 5.53 5.53
equal 7.14% REC 2021 Bonds AAA 0.00 - 5.52 5.52
equal 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 5.52 5.52
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 2.84 2.84
equal 7.34% Power Grid Corporation 15/07/2024 Bonds/NCDs AAA 0.00 - 2.79 2.79
equal 6.80% HPCL 15/12/2022 Debenture AAA 0.00 - 2.77 2.77
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.77 2.77
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 10.10 2.73
equal Reliance Retail Ltd. 28/09/2020 Securitised Debt AAA 0.38 - 2.24 2.24
equal 8.28% Oriental Nagpur Betul Highway 30/03/2021 Debenture AAA 0.44 - 1.76 1.76
equal Reliance Retail Ltd. 28/03/2020 Securitised Debt AAA 0.26 - 1.11 1.11
equal Reliance Retail Ltd. 28/06/2021 Securitised Debt AAA 0.22 - 0.96 0.96

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-2019

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:

— Sandeep Agarwal since 01-Jan-2013

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:


0.08%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 31.4310

Dividend Weekly: ₹ 13.0245

More

Dividend Monthly: ₹ 12.2100

Dividend Half Yearly: ₹ 12.1399

Dividend Fortnightly: ₹ 11.8588


Investment Strategy

The scheme seeks to generate income and capital appreciation by investing primarily in fixed income securities & money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.92%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 182 Cr (As on 31-Dec-2019)
Expense: 0.27% (As on 31-Dec-2019)
Risk Grade: Above Average
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly17-Jan-20200.0026

 10-Jan-20200.0065
 03-Jan-20200.0099
 27-Dec-20190.0048
 20-Dec-20190.0058
 29-Nov-20190.0101
 22-Nov-20190.0099
 15-Nov-20190.0121
 01-Nov-20190.0094
 25-Oct-20190.0110
 18-Oct-20190.0106
 11-Oct-20190.0071
 04-Oct-20190.0118
 27-Sep-20190.0063
 13-Sep-20190.0070
 19-Jul-20190.0284
 12-Jul-20190.0399
 05-Jul-20190.0312
 21-Jun-20190.0218
 14-Jun-20190.0192
 31-May-20190.0309
 24-May-20190.0359
 17-May-20190.0190
 10-May-20190.0188
 03-May-20190.0055
Dividend Fortnightly10-Jan-20200.0227

 27-Dec-20190.0160
 29-Nov-20190.0333
 07-Nov-20190.0184
 25-Oct-20190.0197
 11-Oct-20190.0213
 13-Sep-20190.0202
 12-Jul-20190.0666
 28-Jun-20190.0199
 31-May-20190.0824
 10-May-20190.0241
 26-Apr-20190.0034
 12-Apr-20190.0065
 29-Mar-20190.0559
 08-Mar-20190.0324
 22-Feb-20190.0183
 08-Feb-20190.0212
 25-Jan-20190.0263
 11-Jan-20190.0292
 28-Dec-20180.0446
 14-Dec-20180.0305
 30-Nov-20180.0675
 09-Nov-20180.0316
 26-Oct-20180.0266
 12-Oct-20180.0324
Dividend Monthly27-Dec-20190.0071

 29-Nov-20190.0512
 25-Oct-20190.0012
 31-May-20190.1117
 26-Apr-20190.0120
 29-Mar-20190.0948
 25-Jan-20190.0028
 28-Dec-20180.0187
 30-Nov-20180.0352
 26-Oct-20180.0243
 31-Aug-20180.0017
 27-Jul-20180.0636
 29-Jun-20180.0711
 25-May-20180.0192
 28-Mar-20180.0901
 23-Feb-20180.0293
 25-Jan-20180.0379
 29-Dec-20170.0190
 24-Nov-20170.0287
 27-Oct-20170.0432
 29-Sep-20170.0454
 24-Aug-20170.0395
 28-Jul-20170.0682
 30-Jun-20170.0515
 26-May-20170.0477
Dividend Half Yearly26-Mar-20190.2161

 26-Sep-20180.2161
 27-Mar-20180.2167
 21-Sep-20170.2167
 27-Mar-20170.2167
 23-Sep-20160.2167
 22-Jan-20160.1806
 16-Sep-20142.1047
Dividend Quarterly27-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
 27-Jul-20150.1950
 16-Sep-20141.3169
 30-May-20134.0600

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: www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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