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2 star

Sundaram Low Duration Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. 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 is negligible but they do not guarantee returns or safety of capital.

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.

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 5.89 -0.01 0.05 0.33 1.12 2.78 6.19 3.49 5.02 6.07 7.15
CCIL T Bill Liquidity Weight 2.98 0.02 0.04 0.21 0.63 1.18 3.20 3.90 4.12 4.53 4.75
Debt: Low Duration 6.02 0.01 0.10 0.47 1.45 5.50 6.32 5.09 6.08 6.67 7.43
Rank within category 20 25 25 25 25 23 20 19 19 17 15
Number of funds in category 25 25 25 25 25 25 25 25 24 22 19

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Low Duration Fund - Regular Plan
2 star
Apr-07 6.19 3.49 5.02 0.83 414
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 8.35 8.09 8.15 0.55 23,677
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 7.75 7.68 7.64 1.22 14,196
SBI Magnum Low Duration Fund  | Invest Online
4 star
Jul-07 6.77 7.54 7.55 1.10 12,452
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.07 7.88 8.02 1.12 9,427

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.30 (24-Mar-2020 - 31-Mar-2020) -5.44 (03-Jun-2019 - 10-Jun-2019)
Month 1.79 (24-Mar-2020 - 23-Apr-2020) -5.05 (03-Jun-2019 - 03-Jul-2019)
Quarter 3.32 (24-Mar-2020 - 24-Jun-2020) -7.60 (31-May-2019 - 30-Aug-2019)
Year 10.34 (26-Jul-2013 - 28-Jul-2014) -3.95 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.55 4.05 -0.35 -0.17 -0.55 -2.01
CCIL T Bill Liquidity Weight 3.89 0.32 -3.35 -6.53 -- --
Debt: Low Duration 5.14 4.37 1.15 2.38 -0.75 -0.64
Rank within category 19 18 21 22 5 20
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-Oct-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 23 43 19 57
Modified Duration (yrs) 0.54 1.16 0.51 0.79
Average Maturity (yrs) 0.59 1.45 0.56 0.92
Yield to Maturity (%) 3.84 6.08 3.84 4.44
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
equal Reserve Bank of India 182-D 18/03/2021 Treasury Bills SOV 0.00 - 11.92 11.92
equal 7.14% HUDCO 22/12/2020 Non Convertible Debenture AAA 0.82 - 7.41 7.03
equal Reserve Bank of India 182-D 25/03/2021 Treasury Bills SOV 0.00 - 6.43 6.43
equal Reliance Industries 91-D 01/12/2020 Commercial Paper A1+ 0.00 - 6.27 6.02
equal Aditya Birla Money 91-D 23/11/2020 Commercial Paper A1+ 0.00 - 6.23 6.01
new Aditya Birla Fashion and Retail 90-D 13/01/2021 Commercial Paper A1+ 0.00 - 5.99 5.99
new Reserve Bank of India 182-D 04/03/2021 Treasury Bills SOV 0.00 - 5.97 5.97
new Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 5.82 5.82
equal 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 4.03 - 5.14 4.92
new 6.57% LIC Housing Fin. 13/07/2021 Debenture AAA 0.00 - 4.91 4.91
new 6.22% HDFC 2021 Debenture AAA 0.00 - 3.70 3.70
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 2.64 2.53
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 5.44 2.53
down REC 13/12/2022 Debenture AAA 1.03 - 3.95 2.52
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 0.00 - 2.61 2.49
new 8.65% M&M Financial Services 19/03/2021 Debenture AA+ 0.00 - 1.84 1.84
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 1.82 1.75
new 8.35% REC 13/03/2022 Debenture AAA 0.00 - 1.27 1.27
equal 7.62% HUDCO 15/07/2022 Debenture AAA 1.04 - 1.33 1.27
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 1.32 1.26
equal 8.80% REC 29/11/2020 Bonds AAA 1.04 - 1.28 1.21
down Reserve Bank of India 182-D 06/11/2020 Treasury Bills SOV 0.00 - 12.57 1.21
new Reserve Bank of India 364-D 29/04/2021 Treasury Bills SOV 0.00 - 0.76 0.76

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-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 27-Nov-2020

Growth: ₹ 25.7338

Dividend Weekly: ₹ 11.4176

More

Dividend Quarterly: ₹ 11.2994

Dividend Monthly: ₹ 10.5796

Dividend Fortnightly: ₹ 10.7966

Dividend Daily: ₹ 10.0188

Bonus: ₹ 14.7313


Investment Strategy

The scheme objective is to provide a level of income consistent with liquidity through investments made primarily in money-market and debt securities.

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
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 23-Apr-2007
Return Since Launch: 7.19%
Benchmark: CRISIL Low Duration Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 414 Cr (As on 31-Oct-2020)
Expense: 0.83% (As on 31-Oct-2020)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly27-Nov-20200.0197

 13-Nov-20200.0210
 29-Oct-20200.0317
 09-Oct-20200.0220
 25-Sep-20200.0155
 11-Sep-20200.0201
 14-Aug-20200.0123
 31-Jul-20200.0273
 10-Jul-20200.0323
 26-Jun-20200.0222
 12-Jun-20200.0209
 29-May-20200.0538
 08-May-20200.1758
 24-Apr-20200.0265
 27-Mar-20200.0100
 28-Feb-20200.0052
 14-Feb-20200.0202
 31-Jan-20200.0380
 10-Jan-20200.0155
 27-Dec-20190.0176
 29-Nov-20190.0286
 07-Nov-20190.0195
 25-Oct-20190.0203
 11-Oct-20190.0204
 27-Sep-20190.0017
Dividend Monthly27-Nov-20200.0343

 29-Oct-20200.0541
 25-Sep-20200.0392
 28-Aug-20200.0033
 31-Jul-20200.0610
 26-Jun-20200.0401
 29-May-20200.0640
 24-Apr-20200.0407
 27-Mar-20200.0150
 28-Feb-20200.0396
 31-Jan-20200.0512
 31-May-20190.0625
 26-Apr-20190.0242
 29-Mar-20190.0720
 22-Feb-20190.0343
 25-Jan-20190.0505
 28-Dec-20180.0576
 30-Nov-20180.0632
 26-Oct-20180.0422
 28-Sep-20180.0205
 31-Aug-20180.0489
 27-Jul-20180.0429
 29-Jun-20180.0614
 25-May-20180.0208
 27-Apr-20180.0253
Dividend Weekly27-Nov-20200.0054

 20-Nov-20200.0089
 13-Nov-20200.0079
 06-Nov-20200.0095
 29-Oct-20200.0060
 23-Oct-20200.0090
 16-Oct-20200.0076
 09-Oct-20200.0131
 01-Oct-20200.0038
 25-Sep-20200.0071
 18-Sep-20200.0083
 04-Sep-20200.0185
 14-Aug-20200.0065
 07-Aug-20200.0024
 31-Jul-20200.0087
 24-Jul-20200.0019
 17-Jul-20200.0087
 10-Jul-20200.0158
 03-Jul-20200.0092
 26-Jun-20200.0086
 19-Jun-20200.0110
 12-Jun-20200.0090
 05-Jun-20200.0028
 29-May-20200.0004
 22-May-20200.0104
Dividend Quarterly24-Sep-20200.1500

 16-Jul-20200.1500
 26-Mar-20200.1080
 30-Dec-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
 22-Apr-20160.1083
 22-Jan-20160.0903
 15-Sep-20141.1266
 30-May-20131.2358
Dividend Daily03-Jun-20190.0065

 31-May-20190.0050
 30-May-20190.0003
 29-May-20190.0017
 28-May-20190.0019
 27-May-20190.0076
 24-May-20190.0026
 23-May-20190.0045
 22-May-20190.0016
 21-May-20190.0016
 20-May-20190.0061
 17-May-20190.0035
 16-May-20190.0001
 14-May-20190.0018
 13-May-20190.0021
 10-May-20190.0019
 09-May-20190.0016
 08-May-20190.0019
 07-May-20190.0027
 06-May-20190.0042
 02-May-20190.0015
 30-Apr-20190.0050
 26-Apr-20190.0010
 24-Apr-20190.0002
 22-Apr-20190.0042

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

Last Session

VR Helpline

Critical Investment Decisions

dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

Registration Over