Sundaram Money Market Fund Direct Growth
NAV as on 24-04-2025
₹ 14.92
Inception Returns
6.3%
/yr
Historical NAV & Returns
About Sundaram Money Market Fund Direct Growth
Sundaram Money Market Fund Direct Growth is a debt fund. This fund was started on 26 September, 2018. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Money Market Fund Direct Growth has ₹1292 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Sundaram Money Market Fund Direct Growth has given a CAGR return of 6.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.01%, 7.08% and 5.77% respectively.
Holdings
Sundaram Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are 364 DTB 13032025, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, HDFC Bank Ltd., Axis Bank Limited
Taxation
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.
Investment objective of Sundaram Money Market Fund Direct Growth
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 and lockin period
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.
Sundaram Money Market Fund Direct Growth Overview
| Expense ratio | 0.16% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹1292 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 |
Trailing Returns
as on (24-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.3K Cr as of Mar'25
- AUM increased by 227.8 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 13032025 | 14.52% | 0% | |
National Bank For Agriculture And Rural Development | 7.28% | 0% | |
Small Industries Development Bank Of India | 7.28% | 0% | |
HDFC Bank Ltd. | 7.26% | 0% | |
Axis Bank Limited | 7.26% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Sundaram Money Market Fund Direct Growth | 8.01% | 7.08% | 5.77% | 6.27% |
 Tata Money Market Fund Direct Plan Growth | 8.24% | 7.43% | 6.37% | 6.77% |
 ICICI Prudential Money Market Fund Direct Plan Growth | 8.12% | 7.27% | 6.17% | 7.33% |
 Aditya Birla Sun Life Money Manager Fund Direct Plan Growth | 8.1% | 7.32% | 6.28% | 7.47% |
Mutual Fund Insights
Sundaram Money Market Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹1292 Cr
Expense Ratio 0.16%
More funds from Sundaram
5Y CAGR
▲ 5.97
Frequently Asked Questions for Sundaram Money Market Fund Direct Growth
Sundaram Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 4.21% | 4.21% |
1 Year Returns | 8.01% | 8.01% |
3 Years Returns | 22.77% | 7.08% |
- 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 | 100 |