Debt
Direct
Ultra Short Duration
NAV as on 04-09-2024
₹ 2751.78
Inception Returns
6.7%
/yr
Sundaram Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.
Sundaram Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.63%, 6.21% and 5.59% respectively.
Sundaram Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 182 DTB 29082024, Kotak Mahindra Bank Limited, Punjab National Bank, Bharti Telecom Limited, 364 DTB 12092024
As it is a ultra 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.
To generate regular income & capital appreciation through investments in debt securities and money market instruments.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Sundaram Ultra Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.24% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹1828 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 182.51% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top Sector in July was Corporate
Sundaram Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.9% | 3.9% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 19.8% | 6.21% |
5 Years Returns | 31.24% | 5.59% |
AAA | 92.67 |
AA | 7.33 |