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4 star

Sundaram Low Duration Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.29 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 11.50 0.01 0.04 0.23 9.12 10.11 11.77 5.13 5.68 6.40 7.38
CCIL T Bill Liquidity Weight 1.85 0.00 0.04 0.19 0.43 1.06 2.01 3.22 3.53 3.99 4.48
Debt: Low Duration 3.82 0.02 0.06 0.30 1.19 2.31 4.21 4.53 5.31 6.14 7.14
Rank within category 1 20 20 24 1 1 1 16 14 14 12
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 02-Dec-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
4 star
Apr-07 11.77 5.13 5.68 1.02% 491
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 4.38 7.26 7.08 0.52% 31,730
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 4.03 6.77 6.48 1.04% 21,669
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.56 6.65 6.56 1.23% 17,415
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.57 6.76 6.82 1.11% 11,005

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.28 16-Sep-2021 - 23-Sep-2021 -5.44 03-Jun-2019 - 10-Jun-2019
Month 8.76 20-Sep-2021 - 20-Oct-2021 -5.05 03-Jun-2019 - 03-Jul-2019
Quarter 9.38 20-Jul-2021 - 20-Oct-2021 -7.60 31-May-2019 - 30-Aug-2019
Year 11.99 16-Oct-2020 - 18-Oct-2021 -3.95 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.21 6.18 0.23 0.29 -3.31 -0.60
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 4.65 4.37 1.30 2.85 -0.77 0.39
Rank within category 17 18 18 17 4 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 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 24 27 21 60
Modified Duration (yrs) 0.52 0.82 0.48 --
Average Maturity (yrs) 0.75 0.97 0.52 --
Yield to Maturity (%) 4.27 4.27 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 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 7.97 6.12
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 5.16 5.16
equal Reliance Industries 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 6.57 5.09
equal Tata Power Solar Systems 91-D 23/11/2021 Commercial Paper A1+ 0.00 - 6.56 5.08
new IIFL Wealth Management 67-D 20/12/2021 Commercial Paper A1+ 0.00 - 4.05 4.05
new Aditya Birla Money 90-D 27/01/2022 Commercial Paper A1+ 0.00 - 4.03 4.03
down 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.85 3.85
equal 6.75% Power Finance Corporation 22/05/2023 Debenture AAA 0.00 - 4.12 3.14
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 4.09 3.13
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 4.08 3.10
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 3.91 3.03
equal Julius Baer Capital 120-D 12/01/2022 Commercial Paper A1+ 0.00 - 3.03 3.03
equal Axis Bank 28/04/2022 Certificate of Deposit A1+ 0.00 - 3.87 3.00
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 2.82 2.15
equal 9.10% Export-Import Bank 15/06/2022 Bonds AAA 0.00 - 2.75 2.10
equal 7.21% HDFC 30/12/2022 Debenture AAA 1.94 - 3.01 2.09
equal 5.90% LIC Housing Fin. 2023 Zero Coupon Bonds AAA 0.00 - 2.69 2.06
equal IGH Holdings 91-D 09/12/2021 Commercial Paper A1+ 0.00 - 2.03 2.03
equal IIFL Wealth Prime 161-D 25/02/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
equal LIC Housing Fin. 353-D 07/07/2022 Commercial Paper A1+ 0.00 - 2.55 1.98
down 7.32% GOI 28/01/2024 GOI Securities SOV 1.07 - 7.74 1.07
equal 7.62% Housing & Urban Development Corporation 15/07/2022 Debenture AAA 0.97 - 1.51 1.04
equal 8.35% REC 13/03/2022 Debenture AAA 0.96 - 1.50 1.03
new IIFL Wealth Prime 8-D 10/11/2021 Commercial Paper A1+ 0.00 - 1.02 1.02

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

— 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 02-Dec-2021

Growth: ₹ 28.7654

IDCW Weekly: ₹ 12.3610

More

IDCW Quarterly: ₹ 12.0553

IDCW Monthly: ₹ 11.4559

IDCW Fortnightly: ₹ 11.6875

IDCW Daily: ₹ 10.9227

Bonus: ₹ 16.4667


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: 7.49%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 491 Cr (As on 31-Oct-2021)
Expense: 1.02% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily01-Dec-20210.0008

 29-Nov-20210.0010
 26-Nov-20210.0017
 25-Nov-20210.0012
 24-Nov-20210.0000
 22-Nov-20210.0025
 17-Nov-20210.0009
 16-Nov-20210.0004
 09-Nov-20210.0048
 08-Nov-20210.0078
 03-Nov-20210.0026
 02-Nov-20210.0002
 20-Oct-20210.0071
 18-Oct-20210.0076
 14-Oct-20210.0021
 13-Oct-20210.0031
 12-Oct-20210.0008
 11-Oct-20210.0114
 08-Oct-20210.0013
 07-Oct-20210.0096
 06-Oct-20210.0024
 04-Oct-20210.0032
 01-Oct-20210.0048
 30-Sep-20210.0186
 28-Sep-20210.0005
IDCW Fortnightly26-Nov-20210.0072

 12-Nov-20210.0222
 29-Oct-20210.0286
 08-Oct-20210.0445
 24-Sep-20210.0093
 09-Sep-20210.0161
 27-Aug-20210.0192
 13-Aug-20210.0205
 30-Jul-20210.0337
 09-Jul-20210.0153
 11-Jun-20210.0194
 28-May-20210.0144
 14-May-20210.0119
 30-Apr-20210.0287
 09-Apr-20210.0074
 26-Mar-20210.0215
 12-Mar-20210.0055
 26-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
IDCW Weekly26-Nov-20210.0074

 18-Nov-20210.0002
 12-Nov-20210.0142
 03-Nov-20210.0093
 29-Oct-20210.0011
 22-Oct-20210.0095
 14-Oct-20210.0196
 08-Oct-20210.0186
 01-Oct-20210.0285
 24-Sep-20210.0024
 17-Sep-20210.0054
 09-Sep-20210.0029
 03-Sep-20210.0108
 27-Aug-20210.0056
 20-Aug-20210.0106
 13-Aug-20210.0116
 06-Aug-20210.0049
 30-Jul-20210.0076
 23-Jul-20210.0072
 16-Jul-20210.0110
 09-Jul-20210.0106
 02-Jul-20210.0056
 11-Jun-20210.0160
 04-Jun-20210.0045
 28-May-20210.0057
IDCW Monthly17-Nov-20210.0331

 14-Oct-20210.0642
 17-Sep-20210.0279
 17-Aug-20210.0340
 16-Jul-20210.0308
 17-Jun-20210.0311
 17-May-20210.0376
 16-Apr-20210.0139
 26-Mar-20210.0264
 26-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
IDCW Quarterly27-Sep-20210.0750

 28-Jun-20210.1500
 25-Mar-20210.1500
 22-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

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: customerservic[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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