NAV as on 02-04-2025
₹ 14.82
▲0.1%
1D
Inception Returns
6.2%
/yr
Sundaram Money Market Fund Direct Growth is a debt fund. This fund was started on 26 September, 2018. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.
Sundaram Money Market Fund Direct Growth has given a CAGR return of 6.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.72%, 6.88% and 5.73% respectively.
Sundaram Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 364 DTB 27022026, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, ICICI Securities Limited, Bharti Telecom Limited
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 250.00. Sundaram Money Market Fund Direct Growth has no lock in period.
Expense ratio | 0.17% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹675 Cr |
Inception Date | 26 September, 2018 |
Min Lumpsum/SIP | ₹1000/₹250 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 167.25% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (02-Apr-25)
as on (31-Dec-69)
Top 2 Sectors in February were Corporate, Government
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Sundaram Ultra Short Duration Fund- Direct Plan - Growth Option
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Sundaram Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 7.72% | 7.72% |
3 Years Returns | 22.09% | 6.88% |
5 Years Returns | 32.11% | 5.73% |
AAA | 100 |