Debt
Direct
Low Duration
NAV as on 05-09-2024
₹ 3469.91
Inception Returns
5.7%
/yr
Sundaram Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.
Sundaram Low Duration Fund Direct Growth has given a CAGR return of 5.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.52%, 6.16% and 5.70% respectively.
Sundaram Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Power Finance Corporation Limited, National Housing Bank 7.78%, Kotak Mahindra Bank Limited, Bharti Telecom Limited, 7.37% Govt Stock 2028
As it is a low duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To provide a level of income consistent with liquidity through investments made primarily in money market and debt securities.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Sundaram Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.39% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹380 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 165.51% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Sundaram Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.52% | 7.52% |
3 Years Returns | 19.63% | 6.16% |
5 Years Returns | 31.93% | 5.7% |
AAA | 83.03 |
AA | 16.97 |