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Sundaram Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (21-Nov-24)
₹2796.080.03%1D
Returns (Since Inception)
6.75%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,845 Cr
Expense Ratio
0.24%
ISIN
INF173K01HI3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Sundaram Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹2796.08, Assets Under Management (AUM) of 1845.04 Crores, and an expense ratio of 0.24%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹2796.08, Assets Under Management (AUM) of 1845.04 Crores, and an expense ratio of 0.24%.
- Sundaram Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.75% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 30.09% in debts, and 69.65% in cash & cash equivalents.
- You can start investing in Sundaram Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.74%
+6.45% (Cat Avg.)
3 Years
+6.55%
+5.73% (Cat Avg.)
5 Years
+5.64%
+5.17% (Cat Avg.)
10 Years
+6.20%
+5.49% (Cat Avg.)
Since Inception
+6.75%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹555.25 Cr | 30.09% |
| Others | ₹1,289.79 Cr | 69.91% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹115.85 Cr | 6.28% |
| Hdfc Bank Ltd - 19/09/2025 | Cash | ₹75.05 Cr | 4.07% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹70.26 Cr | 3.81% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹63.49 Cr | 3.44% |
| Axis Bank Ltd - 10/10/2025** | Cash | ₹51.36 Cr | 2.78% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹49.66 Cr | 2.69% |
| Kotak Mahindra Bank Ltd - 13/12/2024** | Cash | ₹49.6 Cr | 2.69% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹48.86 Cr | 2.65% |
| Small Industries Development Bank Of India - 28/02/2025** | Cash | ₹48.84 Cr | 2.65% |
| Muthoot Finance Ltd - 25/02/2025** | Cash | ₹48.79 Cr | 2.64% |
| Tata Motors Finance Ltd - 11/03/2025** | Cash | ₹48.65 Cr | 2.64% |
| Bank Of Baroda - 05/05/2025** | Cash | ₹43.38 Cr | 2.35% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹39.85 Cr | 2.16% |
| Bank Of Baroda - 25/11/2024** | Cash | ₹39.82 Cr | 2.16% |
| National Bank For Agriculture & Rural Development - 07/02/2025** | Cash | ₹39.24 Cr | 2.13% |
| Union Bank Of India - 27/02/2025** | Cash | ₹39.08 Cr | 2.12% |
| Union Bank Of India - 18/03/2025** | Cash | ₹34.06 Cr | 1.85% |
| Pnb Housing Finance Ltd - 25/09/2025** | Cash | ₹32.7 Cr | 1.77% |
| Idfc First Bank Ltd - 21/02/2025** | Cash | ₹32.28 Cr | 1.75% |
| Indusind Bank Ltd - 24/02/2025** | Cash | ₹32.26 Cr | 1.75% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹29.81 Cr | 1.62% |
| Icici Bank Ltd - 31/01/2025** | Cash | ₹29.47 Cr | 1.60% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹25.01 Cr | 1.36% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.99 Cr | 1.35% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹24.98 Cr | 1.35% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹24.9 Cr | 1.35% |
| The Federal Bank Ltd - 29/11/2024** | Cash | ₹24.87 Cr | 1.35% |
| Deutsche Investments India Private Ltd - 09/12/2024** | Cash | ₹24.8 Cr | 1.34% |
| Hsbc Investdirect Financial Services India Limited - 24/12/2024** | Cash | ₹24.73 Cr | 1.34% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.65 Cr | 1.34% |
| Punjab National Bank - 31/01/2025 | Cash | ₹24.56 Cr | 1.33% |
| Kotak Mahindra Bank Ltd - 05/02/2025** | Cash | ₹24.54 Cr | 1.33% |
| Punjab National Bank - 07/02/2025** | Cash | ₹24.52 Cr | 1.33% |
| Small Industries Development Bank Of India - 07/02/2025** | Cash | ₹24.52 Cr | 1.33% |
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹24.45 Cr | 1.33% |
| Lic Housing Finance Ltd - 04/03/2025** | Cash | ₹24.39 Cr | 1.32% |
| Bank Of Baroda - 10/03/2025** | Cash | ₹24.37 Cr | 1.32% |
| Canara Bank - 11/03/2025** | Cash | ₹24.37 Cr | 1.32% |
| Punjab National Bank - 11/03/2025** | Cash | ₹24.37 Cr | 1.32% |
| Pilani Investment And Industries Corporation Ltd. - 21/03/2025** | Cash | ₹24.25 Cr | 1.31% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.21 Cr | 1.31% |
| Indian Bank - 23/05/2025** | Cash | ₹24.01 Cr | 1.30% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹23.58 Cr | 1.28% |
| Indusind Bank Ltd - 19/08/2025** | Cash | ₹23.58 Cr | 1.28% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹20.05 Cr | 1.09% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹20.04 Cr | 1.09% |
| Lic Housing Finance Ltd - 17/12/2024** | Cash | ₹19.82 Cr | 1.07% |
| The Federal Bank Ltd - 04/02/2025** | Cash | ₹19.63 Cr | 1.06% |
| Canfin Homes Limited | Bond - Corporate Bond | ₹16.1 Cr | 0.87% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹15.02 Cr | 0.81% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹15 Cr | 0.81% |
| Hdfc Bank Ltd - 20/02/2025** | Cash | ₹14.68 Cr | 0.80% |
| National Bank For Agriculture & Rural Development - 26/02/2025** | Cash | ₹14.66 Cr | 0.79% |
| Icici Securities Ltd - 21/02/2025** | Cash | ₹14.65 Cr | 0.79% |
| Dbs Bank Ltd - 07/03/2025** | Cash | ₹14.63 Cr | 0.79% |
| Small Industries Development Bank Of India - 28/05/2025** | Cash | ₹14.39 Cr | 0.78% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹10.03 Cr | 0.54% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹9.97 Cr | 0.54% |
| Icici Securities Ltd - 10/03/2025** | Cash | ₹9.73 Cr | 0.53% |
| Cash And Other Net Current Assets^ | Cash | ₹6.03 Cr | 0.33% |
| Punjab National Bank - 25/02/2025 | Cash | ₹4.89 Cr | 0.26% |
| Corporate Debt Market Development Fund - Class A2 | Mutual Fund - Open End | ₹4.73 Cr | 0.26% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹1,119.55 Cr | 60.68% |
| Bond - Corporate Bond | ₹492.77 Cr | 26.71% |
| Cash - Repurchase Agreement | ₹115.85 Cr | 6.28% |
| Bond - Gov't/Treasury | ₹87.94 Cr | 4.77% |
| Bond - Short-term Government Bills | ₹24.21 Cr | 1.31% |
| Mutual Fund - Open End | ₹4.73 Cr | 0.26% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
| Cash - Commercial Paper | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
1.59
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
DS
Dwijendra Srivastava
Since May 2022
Sandeep Agarwal
Since January 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF173K01HI3 | Expense Ratio 0.24% | Exit Load No Charges | Fund Size ₹1,845 Cr | Age 11 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra Short Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹627.14 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1304.45 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1304.45 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹246.19 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹246.19 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.30 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹8313.36 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
About the AMC
Sundaram Mutual Fund
Total AUM
₹68,313 Cr
Address
Sundaram Towers, Chennai, 600 014
Other Funds by Sundaram Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Sundaram Ultra Short Duration Fund Direct Growth?
The NAV of Sundaram Ultra Short Duration Fund Direct Growth, as of 21-Nov-2024, is ₹2796.08.
What are the returns of Sundaram Ultra Short Duration Fund Direct Growth?
The fund has generated 7.74% over the last 1 year and 6.55% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Sundaram Ultra Short Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 30.09% in bonds, and 69.65% in cash and cash equivalents.
Who manages the Sundaram Ultra Short Duration Fund Direct Growth?
The fund managers responsible for Sundaram Ultra Short Duration Fund Direct Growth are:-
- Dwijendra Srivastava
- Sandeep Agarwal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.