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Sundaram Short Term Credit Risk Fund Unrated
(Erstwhile Sundaram Income Plus)

Value Research
-5.63%
Change from previous, NAV as on Aug 16, 2019
Category: Debt: Credit Risk
Assets: R 321 crore (As on Jul 31, 2019)
Expense: 1.26% (As on Jun 30, 2019)
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Basic Details
Fund House: Sundaram Mutual Fund
Launch Date: Jul 31, 2002
Benchmark (%): CRISIL Ultra ST Debt (50), CRISIL Composite AA ST Bond (35), CRISIL A Short Term Bond (15)
Riskometer: Moderate
Risk Grade: -
Return Grade: -
Type: Open-ended
Investment Details
Return since Launch: 5.39%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 500
Minimum Withdrawal (R) 500
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) 1
Exit Load (%) 0
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund -8.25 -5.23 -10.73 -5.78 2.32 5.09 5.39
CCIL T Bill Liquidity Weight 2.99 0.44 1.28 4.62 4.28 4.65 4.62
Category -0.95 0.03 -2.34 0.38 4.52 7.61 7.29
Rank within Category 18 19 18 16 - - -
Number of funds in category 19 19 19 18 - - -
As on Aug 16, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Sundaram Short Term Credit Risk Fund Unrated Jul-2002 -5.78 2.32 5.09 1.26 321
Franklin India Credit Risk Fund Dec-2011 7.02 7.82 8.54 1.60 6,867
ICICI Prudential Credit Risk Fund Dec-2010 8.03 7.47 8.39 1.54 10,793
Kotak Credit Risk Fund Regular Plan May-2010 7.80 7.22 8.40 1.65 4,745
SBI Credit Risk Fund Jul-2004 6.54 6.73 8.35 1.54 5,245
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 25 31 25 67
Modified Duration (yrs)* 0.48 0.83 0.48 1.49
Average Maturity (yrs)* 0.77 1.30 0.77 2.01
Yield to Maturity (%)* 8.29 9.95 8.29 10.47
  Value Research Fund Style*
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Tata Projects 48-D 14/08/2019 Commercial Paper A1+ 0.00 - 7.78 7.78
  Essel Mining Industries 92-D 22/08/2019 Commercial Paper A1+ 0.00 - 7.77 7.77
  Tata Power Solar Systems 89-D 21/08/2019 Commercial Paper A1+ 0.00 - 7.77 7.77
  Equitas Small Finance Bank 2019 Certificate of Deposit A1+ 0.00 - 7.77 7.77
  8.08652% Igarashi Motors India 2020 Zero Coupon Bonds AAA 4.08 - 7.09 7.09
  10.6% IKF Finance 2021 Debenture A 0.00 - 6.25 6.25
  11.75% Kogta Financial India 2022 Debenture AA- 0.00 - 5.93 5.38
  7.7% Haldiram Snacks Pvt. 2020 Non Convertible Debenture AA 4.37 - 5.63 4.84
  Tata Motors Finance 2020 Debenture AA 0.00 - 3.68 3.68
  9.75% Uttar Pradesh Power Corporation 2019 Debenture A+ 3.67 - 6.45 3.67
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
*As on Jun 30, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Mar 26, 2019 0.4322   More...
    Mar 27, 2018 0.4334    
    Mar 27, 2017 0.4334    
    Mar 23, 2016 0.4334    
    Jul 06, 2015 0.1296    
    May 14, 2015 0.0822    
    Mar 30, 2015 0.0500    
    Sep 16, 2014 1.0477    
    May 30, 2013 3.0462    
    Jul 20, 2007 0.1314    
    Jul 24, 2006 0.1754    
    Nov 09, 2005 0.1052    
    Jul 14, 2005 0.0877    
    Apr 08, 2005 0.2211    
    Aug 27, 2004 0.1500    
    Apr 08, 2004 0.1500    
    Jan 16, 2004 0.1000    
    Oct 03, 2003 0.1500    
    Jul 25, 2003 0.2000    
    Apr 16, 2003 0.2500    
    Dec 27, 2002 0.2500    
+ Dividend Fortnightly Jul 13, 2018 0.0362   More...
    Jun 29, 2018 0.0420    
    Jun 08, 2018 0.0216    
    May 25, 2018 0.0059    
    May 11, 2018 0.0158    
    Apr 13, 2018 0.0246    
    Mar 28, 2018 0.0458    
    Mar 09, 2018 0.0271    
    Feb 23, 2018 0.0079    
+ Dividend Half Yearly Sep 27, 2018 0.2161   More...
    Mar 27, 2017 0.2167    
+ Dividend Monthly May 31, 2019 0.0576   More...
    Apr 26, 2019 0.0332    
    Mar 29, 2019 0.0828    
    Feb 22, 2019 0.0476    
    Jan 25, 2019 0.0539    
    Dec 28, 2018 0.0455    
    Nov 30, 2018 0.0721    
    Oct 26, 2018 0.0480    
    Sep 28, 2018 0.0161    
    Aug 31, 2018 0.0551    
    Jul 27, 2018 0.0564    
    Jun 29, 2018 0.0649    
    May 25, 2018 0.0233    
    Apr 27, 2018 0.0183    
    Mar 28, 2018 0.0739    
    Feb 23, 2018 0.0293    
    Jan 25, 2018 0.0329    
    Dec 29, 2017 0.0414    
    Nov 24, 2017 0.0266    
    Oct 27, 2017 0.0414    
    Sep 29, 2017 0.0467    
    Aug 24, 2017 0.0405    
    Jul 28, 2017 0.0499    
    Jun 30, 2017 0.0517    
    May 26, 2017 0.0503    
+ Dividend Quarterly Jun 26, 2019 0.1080   More...
    Mar 26, 2019 0.1080    
    Dec 20, 2018 0.1080    
    Sep 26, 2018 0.1080    
    Jun 26, 2018 0.1080    
    Mar 27, 2018 0.1083    
    Dec 19, 2017 0.1083    
    Sep 21, 2017 0.1083    
    Jun 27, 2017 0.1083    
    Mar 27, 2017 0.1083    
    Dec 21, 2016 0.1083    
    Sep 23, 2016 0.1083    
    Jun 21, 2016 0.1083    
    Mar 23, 2016 0.1083    
+ Dividend Weekly Jul 19, 2019 0.0075   More...
    Jul 12, 2019 0.0127    
    Jul 05, 2019 0.0118    
    Jun 21, 2019 0.0088    
    Jun 14, 2019 0.0041    
    May 31, 2019 0.0117    
    May 24, 2019 0.0147    
    May 17, 2019 0.0041    
    May 10, 2019 0.0109    
    May 03, 2019 0.0062    
    Apr 26, 2019 0.0054    
    Apr 18, 2019 0.0067    
    Apr 12, 2019 0.0058    
    Apr 05, 2019 0.0081    
    Mar 29, 2019 0.0191    
    Mar 22, 2019 0.0095    
    Mar 15, 2019 0.0197    
    Mar 08, 2019 0.0149    
    Mar 01, 2019 0.0052    
    Feb 22, 2019 0.0072    
    Feb 15, 2019 0.0100    
    Feb 08, 2019 0.0098    
    Jan 25, 2019 0.0096    
    Jan 18, 2019 0.0101    
    Jan 11, 2019 0.0101    
News and Analysis
Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014 | Phone: (044) 28583362/ 28583367/ 28569900/1800 103 7237 | Fax: (044) 28583156

Email: [email protected]

Website: www.sundarammutual.com



Registrar & Transfer Agent: Sundaram BNP Paribas Fund Services

Address: Central Processing Center, 23, Cathedral Garden Road Nungambakkam Chennai - 600034 | Phone: 044 - 2830 9100