Sundaram Short Duration Fund Direct Growth
Debt
Direct
Short Duration
NAV as on 21-11-2024
₹ 45.41
Inception Returns
7%
/yr
About Sundaram Short Duration Fund Direct Growth
Sundaram Short 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 Short Duration Fund Direct Growth has ₹223 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Sundaram Short Duration Fund Direct Growth has given a CAGR return of 7.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.64%, 6.59% and 6.76% respectively.
Holdings
Sundaram Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent, Industrial, Energy, Consumer Cyclical. Its top holdings are 7.1% Govt Stock 2034, 7.37% Govt Stock 2028, Bharti Telecom Limited, 7.38% Govt Stock 2027, Power Finance Corporation Ltd.
Taxation
As it is a short 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 Short Duration Fund Direct Growth
To generate income and capital appreciation by investing primarily in fixed income securities & money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 250.00. Sundaram Short Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
Sundaram Short Duration Fund Direct Growth Overview
| Expense ratio | 0.29% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹223 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹250 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 104.27% |
| STCG | Selling 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 (21-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 222.9 Cr as of Oct'24
- AUM increased by 40.6 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 16.44% | 0% | |
7.37% Govt Stock 2028 | 6.87% | 0% | |
Bharti Telecom Limited | 4.95% | 57.1% | |
7.38% Govt Stock 2027 | 4.55% | 0% | |
Power Finance Corporation Ltd. | 4.53% | 0% |
Mutual Fund Insights
Sundaram Short Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹223 Cr
Expense Ratio 0.29%
Frequently Asked Questions for Sundaram Short Duration Fund Direct Growth
Sundaram Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 4.57% | 4.57% |
1 Year Returns | 8.64% | 8.64% |
3 Years Returns | 21.11% | 6.59% |
5 Years Returns | 38.7% | 6.76% |
- 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 | 83.42 |
AA | 16.58 |