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2 star

Sundaram Low Duration Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 0.36 0.02 0.02 0.22 0.55 1.62 4.89 3.17 4.76 5.81 6.98
CCIL T Bill Liquidity Weight 0.33 0.01 0.04 0.21 0.45 1.08 2.71 3.72 3.95 4.38 4.68
Debt: Low Duration 0.38 0.02 0.05 0.27 0.69 2.12 7.24 5.08 6.00 6.62 7.46
Rank within category 11 17 23 22 12 23 21 19 19 17 16
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 08-Mar-2021

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 4.89 3.17 4.76 0.99 442
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 7.38 7.90 7.94 0.55 28,464
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 7.02 7.33 7.36 1.04 25,094
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 6.47 7.38 7.35 1.17 17,568
SBI Magnum Low Duration Fund  | Invest Online
4 star
Jul-07 5.73 7.20 7.28 1.01 15,616

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.26 4.05 -0.33 -0.17 -0.31 -1.61
CCIL T Bill Liquidity Weight 3.68 0.37 -2.46 -5.24 -- --
Debt: Low Duration 5.21 4.25 1.27 2.29 -0.46 0.21
Rank within category 20 18 21 22 5 19
Number of funds in category 24 24 24 24 24 24

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

As on 28-Feb-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 25 36 19 36
Modified Duration (yrs) 0.48 1.16 0.48 --
Average Maturity (yrs) 0.56 1.42 0.56 --
Yield to Maturity (%) 3.97 6.05 3.74 --
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 15/04/2021 Treasury Bills SOV 0.00 - 11.46 11.23
up 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 5.73 5.73
new Chennai Petroleum Corp. 18/02/2021 Commercial Paper A1+ 0.00 - 5.64 5.64
equal IIFL Wealth Management 24/02/2021 Commercial Paper A1+ 0.00 - 5.73 5.63
new Reserve Bank of India 364-D 25/03/2021 Treasury Bills SOV 0.00 - 5.63 5.63
equal Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 5.70 5.59
equal National Bank Agr. Rur. Devp 180-D 21/06/2021 Commercial Paper A1+ 0.00 - 5.69 5.57
equal Export-Import Bank 176-D 29/06/2021 Certificate of Deposit A1+ 0.00 - 5.69 5.57
equal 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 4.48 - 5.14 4.58
equal 6.57% LIC Housing Fin. 13/07/2021 Debenture AAA 0.00 - 4.91 4.57
equal DBS Bank 2021 Certificate of Deposit A1+ 0.00 - 4.61 4.52
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.76 3.64
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 3.70 3.44
equal Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 3.46 3.39
equal 7.21% HDFC 30/12/2022 Debenture AAA 2.25 - 2.64 2.35
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 0.00 - 2.61 2.31
new 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 2.26 2.26
equal Indusind Bank 26/02/2021 Certificate of Deposit A1+ 0.00 - 2.30 2.26
equal Bahadur Chand Investments Commercial Paper A1+ 0.00 - 3.17 2.23
new Export-Import Bank 14/12/2021 Certificate of Deposit A1+ 0.00 - 2.19 2.19
equal 8.65% M&M Financial Services 19/03/2021 Debenture AAA 0.00 - 1.75 1.71
equal 8.35% REC 13/03/2022 Debenture AAA 0.00 - 1.27 1.18
equal 7.62% HUDCO 15/07/2022 Debenture AAA 1.15 - 1.33 1.18
down Reserve Bank of India 182-D 01/07/2021 Treasury Bills SOV 0.00 - 7.96 1.11
equal Reserve Bank of India 364-D 29/04/2021 Treasury Bills SOV 0.00 - 0.76 0.72

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-Jan-2021

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:


0.02%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 25.8910

Dividend Weekly: ₹ 11.4286

More

Dividend Quarterly: ₹ 11.2182

Dividend Monthly: ₹ 10.5901

Dividend Fortnightly: ₹ 10.8093

Dividend Daily: ₹ 10.0800

Bonus: ₹ 14.8213


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 23-Apr-2007
Return Since Launch: 7.09%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 442 Cr (As on 31-Jan-2021)
Expense: 0.99% (As on 31-Jan-2021)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly05-Mar-20210.0023

 26-Feb-20210.0030
 18-Feb-20210.0067
 12-Feb-20210.0084
 29-Jan-20210.0054
 22-Jan-20210.0028
 08-Jan-20210.0076
 01-Jan-20210.0084
 24-Dec-20200.0038
 18-Dec-20200.0060
 11-Dec-20200.0013
 04-Dec-20200.0030
 27-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
Dividend Fortnightly26-Feb-20210.0119

 12-Feb-20210.0086
 29-Jan-20210.0007
 08-Jan-20210.0162
 24-Dec-20200.0115
 11-Dec-20200.0059
 27-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
Dividend Monthly26-Feb-20210.0209

 29-Jan-20210.0193
 24-Dec-20200.0170
 27-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
Dividend Quarterly22-Dec-20200.1500

 24-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

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