Sundaram Low Duration Fund Direct Growth
Debt
Direct
Low Duration
NAV as on 05-09-2024
₹ 3469.91
Inception Returns
5.7%
/yr
About the Fund
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.
Key Parameters
- Sundaram Low Duration Fund Direct Growth has ₹380 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of Sundaram Low Duration Fund Direct Growth
To provide a level of income consistent with liquidity through investments made primarily in money market and debt securities.
Minimum Investment and lockin period
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.
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 503.9 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 2 Sectors in July were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Finance Corporation Limited | 6.43% | 0% | |
National Housing Bank 7.78% | 5.17% | 0% | |
Kotak Mahindra Bank Limited | 5.05% | 0% | |
Bharti Telecom Limited | 4.41% | 0% | |
7.37% Govt Stock 2028 | 3.96% | 0% |
Mutual Fund Insights
Sundaram Low Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.39%
Frequently Asked Questions
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% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 83.03 |
AA | 16.97 |