VR Logo

1 star

Sundaram Ultra Short Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable 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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.13 0.01 0.04 0.23 0.47 1.14 2.31 -- -- -- --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 -- -- -- --
Debt: Ultra Short Duration 3.24 0.01 0.06 0.29 0.83 1.84 3.48 -- -- -- --
Rank within category 26 21 26 26 27 27 26 -- -- -- --
Number of funds in category 27 28 28 28 28 28 27 20 14 14 12

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Ultra Short Term Fund - Regular Plan
1 star
Jun-19 2.31 -- -- 1.51% 1,004
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 3.93 6.61 6.77 0.48% 16,758
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.56 6.06 -- 0.64% 16,432
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.19 5.76 6.19 0.77% 13,153
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.39 5.87 6.38 0.49% 11,569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.10 24-Mar-2020 - 31-Mar-2020 -0.64 17-Mar-2020 - 24-Mar-2020
Month 1.60 24-Mar-2020 - 23-Apr-2020 -0.45 25-Feb-2020 - 26-Mar-2020
Quarter 2.55 24-Mar-2020 - 24-Jun-2020 0.26 24-Dec-2019 - 24-Mar-2020
Year 6.06 28-Jun-2019 - 29-Jun-2020 2.28 23-Nov-2020 - 23-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration* 5.22 1.35 1.71 4.14 1.06 2.08
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 27 37 25 35
Modified Duration (yrs) 0.26 0.34 0.22 --
Average Maturity (yrs) 0.27 0.38 0.26 --
Yield to Maturity (%) 3.95 3.95 3.39 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 364-D 25/11/2021 Treasury Bills SOV 0.00 - 6.76 6.76
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 5.35 4.99
equal Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 5.31 4.98
new Indian Oil Corporation 43-D 18/11/2021 Commercial Paper A1+ 0.00 - 4.97 4.97
equal Tata Power Solar Systems 91-D 23/11/2021 Commercial Paper A1+ 0.00 - 5.31 4.97
new Reliance Industries 82-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.95 4.95
new The Ramco Cements 77-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.95 4.95
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 5.27 4.94
equal Julius Baer Capital 120-D 12/01/2022 Commercial Paper A1+ 0.00 - 5.27 4.94
equal IIFL Wealth Prime 161-D 25/02/2022 Commercial Paper A1+ 0.00 - 4.18 3.92
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 3.81 3.54
new IIFL Wealth Management 67-D 20/12/2021 Commercial Paper A1+ 0.00 - 2.97 2.97
new Aditya Birla Money 90-D 27/01/2022 Commercial Paper A1+ 0.00 - 2.96 2.96
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 2.75 2.56
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 2.74 2.55
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 2.71 2.52
equal 5.90% LIC Housing Fin. 2023 Zero Coupon Bonds AAA 0.00 - 2.70 2.51
equal 4.23% HDFC 18/02/2022 Debenture AAA 0.00 - 2.67 2.49
new JM Financial Products 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 2.49 2.49
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 8.46 2.49
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 2.65 2.48
equal Export-Import Bank 169-D 29/12/2021 Certificate of Deposit A1+ 0.00 - 2.65 2.48
new Astec Lifesciences 91-D 17/01/2022 Commercial Paper A1+ 0.00 - 2.47 2.47
equal Axis Bank 28/04/2022 Certificate of Deposit A1+ 0.00 - 2.61 2.44
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 0.00 - 1.10 1.03

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-Oct-2021

Fund Manager

— Sandeep Agarwal since 14-Jun-2019

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:

— Siddharth Chaudhary since 14-Jun-2019

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 03-Dec-2021

Growth: ₹ 11.0187

IDCW Weekly: ₹ 10.2844

More

IDCW Quarterly: ₹ 10.5275

IDCW Monthly: ₹ 10.2518

IDCW Fortnightly: ₹ 10.2633

IDCW Daily: ₹ 10.1500


Investment Strategy

The scheme seeks to generate regular income by investing predominantly in debt and money market instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 24-Jun-2019
Return Since Launch: 4.04%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,004 Cr (As on 31-Oct-2021)
Expense: 1.51% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0007

 02-Dec-20210.0009
 01-Dec-20210.0007
 30-Nov-20210.0004
 29-Nov-20210.0019
 26-Nov-20210.0009
 25-Nov-20210.0006
 24-Nov-20210.0008
 23-Nov-20210.0004
 22-Nov-20210.0021
 18-Nov-20210.0007
 17-Nov-20210.0006
 16-Nov-20210.0007
 15-Nov-20210.0022
 12-Nov-20210.0008
 11-Nov-20210.0008
 10-Nov-20210.0007
 09-Nov-20210.0021
 08-Nov-20210.0050
 03-Nov-20210.0015
 02-Nov-20210.0004
 01-Nov-20210.0014
 25-Oct-20210.0006
 22-Oct-20210.0003
 21-Oct-20210.0002
IDCW Weekly03-Dec-20210.0047

 26-Nov-20210.0049
 18-Nov-20210.0043
 12-Nov-20210.0095
 03-Nov-20210.0036
 29-Oct-20210.0004
 22-Oct-20210.0025
 14-Oct-20210.0051
 08-Oct-20210.0047
 01-Oct-20210.0017
 24-Sep-20210.0008
 17-Sep-20210.0039
 09-Sep-20210.0025
 03-Sep-20210.0060
 27-Aug-20210.0048
 20-Aug-20210.0061
 13-Aug-20210.0069
 06-Aug-20210.0036
 30-Jul-20210.0053
 23-Jul-20210.0050
 16-Jul-20210.0065
 09-Jul-20210.0053
 02-Jul-20210.0054
 25-Jun-20210.0046
 18-Jun-20210.0017
IDCW Fortnightly26-Nov-20210.0093

 12-Nov-20210.0131
 29-Oct-20210.0081
 08-Oct-20210.0064
 24-Sep-20210.0047
 09-Sep-20210.0086
 27-Aug-20210.0109
 13-Aug-20210.0104
 30-Jul-20210.0168
 09-Jul-20210.0107
 25-Jun-20210.0072
 14-May-20210.0088
 30-Apr-20210.0200
 09-Apr-20210.0056
 26-Mar-20210.0120
 12-Mar-20210.0058
 26-Feb-20210.0089
 12-Feb-20210.0070
 29-Jan-20210.0049
 08-Jan-20210.0105
 24-Dec-20200.0068
 11-Dec-20200.0058
 27-Nov-20200.0106
 13-Nov-20200.0115
 29-Oct-20200.0165
IDCW Monthly17-Nov-20210.0195

 14-Oct-20210.0123
 17-Sep-20210.0202
 17-Aug-20210.0238
 16-Jul-20210.0227
 17-Jun-20210.0188
 17-May-20210.0257
 16-Apr-20210.0104
 26-Mar-20210.0179
 26-Feb-20210.0167
 29-Jan-20210.0164
 24-Dec-20200.0131
 27-Nov-20200.0227
 29-Oct-20200.0361
 25-Sep-20200.0231
 28-Aug-20200.0159
 31-Jul-20200.0421
 26-Jun-20200.0302
 29-May-20200.0325
 24-Apr-20200.0468
 27-Mar-20200.0262
 28-Feb-20200.0273
 31-Jan-20200.0322
 27-Dec-20190.0187
 29-Nov-20190.0364
IDCW Quarterly27-Sep-20210.0750

 28-Jun-20210.0500
 25-Mar-20210.0500
 22-Dec-20200.0500
 24-Sep-20200.0500
 22-Jul-20200.0500
 26-Mar-20200.0360
 30-Dec-20190.0360
 26-Sep-20190.0360

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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot