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4 star

Sundaram Money Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid 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 2.58 0.01 0.05 0.30 1.09 2.46 5.40 6.58 6.92 7.55 7.92
CCIL T Bill Liquidity Weight 2.04 0.01 0.05 0.23 0.93 1.94 3.95 4.14 4.33 4.70 4.78
Debt: Liquid 2.46 0.01 0.06 0.30 1.02 2.35 5.18 6.33 6.69 7.37 7.75
Rank within category 20 11 29 23 20 21 19 17 16 16 15
Number of funds in category 40 40 40 40 40 40 40 36 35 34 30

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Money Fund - Regular Plan
4 star
Dec-05 5.40 6.58 6.92 0.26 4,109
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.54 6.62 6.96 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.60 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.56 6.68 6.99 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.55 6.67 6.99 0.22 29,605

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.37 (24-Mar-2020 - 31-Mar-2020) -0.10 (17-Mar-2020 - 24-Mar-2020)
Month 0.92 (25-Jul-2013 - 24-Aug-2013) 0.25 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.70 (25-Jul-2013 - 24-Oct-2013) 0.94 (25-Aug-2009 - 24-Nov-2009)
Year 9.84 (30-Aug-2011 - 29-Aug-2012) 4.14 (19-May-2009 - 19-May-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.42 0.29 3.84 4.98 0.48 1.71
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58
Rank within category 17 17 15 19 21 17
Number of funds in category 36 36 36 36 36 36

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 43 74 38 51
Modified Duration (yrs) 0.12 0.13 0.06 --
Average Maturity (yrs) 0.12 0.13 0.06 --
Yield to Maturity (%) 3.79 6.58 3.62 --

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 84-D 20/08/2020 Treasury Bills SOV 0.00 - 9.30 9.30
new Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 6.30 6.30
new Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 6.05 6.05
equal LIC Housing Fin. 91-D 08/06/2020 Commercial Paper A1+ 0.00 - 6.07 4.86
up Reserve Bank of India 91-D 23/07/2020 Treasury Bills SOV 0.00 - 4.85 4.85
new Reserve Bank of India 91-D 07/08/2020 Treasury Bills SOV 0.00 - 4.84 4.84
equal BPCL 90-D 29/06/2020 Commercial Paper A1+ 0.00 - 4.54 3.64
new 8.51% HDFC 15/07/2020 Non Convertible Debenture AAA 0.00 - 2.94 2.94
equal National Bank Agr. Rur. Devp 313-D 08/06/2020 Commercial Paper A1+ 0.00 - 3.04 2.43
equal Indian Oil Corp. 73-D 15/06/2020 Commercial Paper A1+ 0.00 - 3.03 2.43
equal National Bank Agr. Rur. Devp 151-D 22/06/2020 Commercial Paper A1+ 0.00 - 3.03 2.43
new Axis Bank 29/07/2020 Certificate of Deposit A1+ 0.00 - 2.42 2.42
new Chennai Petroleum Corp. 61-D 03/08/2020 Commercial Paper A1+ 0.00 - 2.42 2.42
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 2.42 2.42
new Export-Import Bank 91-D 13/08/2020 Commercial Paper A1+ 0.00 - 2.42 2.42
new Reliance Jio Infocomm 91-D 26/08/2020 Commercial Paper A1+ 0.00 - 2.41 2.41
new Tata Power 91-D 21/08/2020 Commercial Paper A1+ 0.00 - 2.40 2.40
equal Equitas Small Finance Bank 2020 Certificate of Deposit A1+ 0.00 - 2.89 2.31
equal Tata Power 89-D 02/06/2020 Commercial Paper A1+ 0.00 - 2.73 2.19
equal Union Bank of India 2020 Certificate of Deposit A1+ 0.00 - 2.74 2.19
equal Ujjivan Small Finance Bank 2020 Certificate of Deposit A1+ 0.00 - 2.73 2.19
new Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 2.18 2.18
equal Tata Power Renewable Energy 91-D 12/06/2020 Commercial Paper A1+ 0.00 - 2.75 2.07
equal Reliance Industries 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 2.42 1.94
new Reliance Industries 72-D 29/07/2020 Commercial Paper A1+ 0.00 - 1.94 1.94

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-May-2020

Fund Manager

— Dwijendra Srivastava since 20-Jul-2010

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 01-Jun-2012

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:


0.01%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 42.1323

Dividend Weekly: ₹ 11.9915

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Dividend Quarterly: ₹ 39.1828

Dividend Monthly: ₹ 10.6244

Dividend Fortnightly: ₹ 11.1331

Dividend Daily: ₹ 10.0953

Bonus: ₹ 15.0606


Investment Strategy

The scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 12-Dec-2005
Return Since Launch: 7.59%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 4,109 Cr (As on 31-May-2020)
Expense: 0.26% (As on 31-May-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Jul-20200.0008

 06-Jul-20200.0005
 05-Jul-20200.0017
 03-Jul-20200.0004
 02-Jul-20200.0009
 01-Jul-20200.0013
 30-Jun-20200.0013
 29-Jun-20200.0005
 28-Jun-20200.0017
 26-Jun-20200.0007
 25-Jun-20200.0013
 24-Jun-20200.0014
 23-Jun-20200.0010
 22-Jun-20200.0011
 21-Jun-20200.0017
 19-Jun-20200.0013
 18-Jun-20200.0011
 17-Jun-20200.0010
 16-Jun-20200.0011
 15-Jun-20200.0014
 14-Jun-20200.0018
 12-Jun-20200.0015
 11-Jun-20200.0014
 10-Jun-20200.0011
 09-Jun-20200.0010
Dividend Weekly03-Jul-20200.0062

 26-Jun-20200.0071
 19-Jun-20200.0070
 12-Jun-20200.0077
 05-Jun-20200.0052
 29-May-20200.0056
 22-May-20200.0087
 15-May-20200.0095
 08-May-20200.0112
 30-Apr-20200.0037
 24-Apr-20200.0095
 17-Apr-20200.0126
 09-Apr-20200.0044
 03-Apr-20200.0074
 27-Mar-20200.0154
 13-Mar-20200.0081
 06-Mar-20200.0088
 28-Feb-20200.0080
 20-Feb-20200.0063
 14-Feb-20200.0076
 07-Feb-20200.0073
 31-Jan-20200.0070
 24-Jan-20200.0073
 17-Jan-20200.0068
 10-Jan-20200.0066
Dividend Fortnightly26-Jun-20200.0142

 12-Jun-20200.0135
 29-May-20200.0286
 08-May-20200.0157
 24-Apr-20200.0221
 09-Apr-20200.0155
 27-Mar-20200.0144
 13-Mar-20200.0171
 28-Feb-20200.0145
 14-Feb-20200.0150
 31-Jan-20200.0220
 10-Jan-20200.0146
 27-Dec-20190.0146
 13-Dec-20190.0147
 29-Nov-20190.0242
 07-Nov-20190.0134
 25-Oct-20190.0150
 11-Oct-20190.0166
 27-Sep-20190.0140
 13-Sep-20190.0161
 30-Aug-20190.0246
 09-Aug-20190.0181
 26-Jul-20190.0184
 12-Jul-20190.0185
 28-Jun-20190.0182
Dividend Monthly26-Jun-20200.0288

 29-May-20200.0443
 24-Apr-20200.0374
 27-Mar-20200.0312
 28-Feb-20200.0293
 31-Jan-20200.0359
 27-Dec-20190.0290
 29-Nov-20190.0375
 25-Oct-20190.0315
 27-Sep-20190.0300
 30-Aug-20190.0434
 26-Jul-20190.0367
 28-Jun-20190.0374
 31-May-20190.0502
 26-Apr-20190.0395
 29-Mar-20190.0500
 22-Feb-20190.0394
 25-Jan-20190.0412
 28-Dec-20180.0417
 30-Nov-20180.0534
 26-Oct-20180.0415
 28-Sep-20180.0399
 31-Aug-20180.0502
 27-Jul-20180.0408
 29-Jun-20180.0511
Dividend Quarterly26-Mar-20200.1080

 30-Dec-20190.1080
 26-Sep-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
 23-Mar-20160.1083
 09-Oct-20090.1169

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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