Sundaram Money Market Fund - Direct (IDCW-F)


Money Market Fund
  • NAV 10.38 (0.05%)
  • Fund Size (Cr) ₹113.9
  • Expense Ratio 0.25
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 0%

Basic Details

Scheme Manager
Sandeep Agarwal
Bench Mark
NIFTY Money Market Index A-I
Type
OPEN

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 23-Aug-22
  • 110000
  • 130181.02
  • 18.35%
  • 18.35%
  • 3 Year
  • 01-Jul-20
  • 220000
  • 262303.37
  • 19.23%
  • 6.04%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    3.53%
  • Beta
    0.37%
  • Sharpe Ratio
    0.00%
  • Treynor’s Ratio
    0.64%
  • Jension’s Alpha
    -9.82%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-364D
  • 27.25%
  • 5000000
  • 46.71
  • T Bills
  • T Bills
  • TREPS
  • 46.56%
  • 0
  • 79.80
  • Reverse Repo
  • Debt Others
  • HSBC Investdirec
  • 5.72%
  • 200
  • 9.80
  • Commercial Paper
  • Debt Others
  • ICICI Securities
  • 5.49%
  • 200
  • 9.41
  • Commercial Paper
  • Debt Others
  • LIC Housing Fin.
  • 5.48%
  • 200
  • 9.40
  • Commercial Paper
  • Debt Others
  • Net CA & Others
  • -28.76%
  • 0
  • -49.29
  • Net CA & Others
  • Debt Others
  • N A B A R D
  • 5.52%
  • 200
  • 9.47
  • Certificate of Deposits
  • Debt Others
  • HDFC Bank
  • 5.52%
  • 200
  • 9.45
  • Certificate of Deposits
  • Debt Others
  • Punjab Natl.Bank
  • 5.51%
  • 200
  • 9.45
  • Certificate of Deposits
  • Debt Others
  • DBS Bank India
  • 5.50%
  • 200
  • 9.42
  • Certificate of Deposits
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Sundaram Money Market Fund - Direct (IDCW-F)
  • Stars
  • 113.9
  • -
  • -
  • -
  • -
  • -
  • ICICI Pru Money Market Fund - Direct (IDCW-D)
  • Stars
  • 21861.14
  • 0.54%
  • 104.02%
  • 107.72%
  • 115.18%
  • 33.43%
  • Bandhan Money Manager Fund - Direct (IDCW-D)
  • Stars
  • 4531.17
  • 0.55%
  • 2.03%
  • 3.81%
  • 9.37%
  • 6.40%
  • Aditya Birla SL Money Manager Fund - Dir (IDCW-W)
  • Stars
  • 22895.14
  • 0.71%
  • 2.81%
  • 5.50%
  • 9.06%
  • 6.84%
  • UTI-Money Market Fund - Direct (IDCW-W)
  • Stars
  • 14041.42
  • 0.54%
  • 2.01%
  • 4.64%
  • 8.28%
  • 6.24%
  • Invesco India Money Market Fund - Direct (IDCW-D)
  • Stars
  • 3860.59
  • 0.52%
  • 2.61%
  • 4.40%
  • 8.03%
  • 6.16%

News

  • Sundaram MF Announces Income Distribution cum capital withdrawal (IDCW) under two schemes Sundaram Mutual Fund has announced 16 April 2024 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.250

    Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.350

    Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.080

    Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.095

    Powered by Capital Market - Live News

  • Sundaram MF Announces change in scheme name Sundaram Mutual Fund has announced change in scheme name under the following schemes, with effect from 01 April 2024:

    Change in the name of the Scheme:

    Existing Name Revised Name
    Sundaram Banking & PSU Debt Fund Sundaram Banking & PSU Fund
    Sundaram Medium Term Bond Fund Sundaram Medium Duration Fund
    Sundaram Debt Oriented Hybrid Fund Sundaram Conservative Hybrid Fund

    Powered by Capital Market - Live News

  • Sundaram MF Announces Income Distribution cum capital withdrawal (IDCW) under Two schemes Sundaram Mutual Fund has announced 26 March 2024 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    Sundaram Focused Fund - Regular Plan-Half Yearly IDCW Option: 1.447

    Sundaram Focused Fund - Direct Plan-Half Yearly IDCW Option: 1.551

    Sundaram Multi Cap Fund - Regular Plan-Half Yearly IDCW Option: 1.228

    Sundaram Multi Cap Fund - Direct Plan-Half Yearly IDCW Option: 2.960

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 12-Sep-2018
  • Total AUM (Cr) ₹171.38

Sundaram Money Market Fund - Direct (IDCW-F) is an Money Market Fund-oriented fund from the renowned AMC, Sundaram Mutual Fund. Launched in Sep 2018, this fund is managed by Sandeep Agarwal. With assets under management (AUM) worth ₹171.38 (Cr), as of 26-Jun-2023, Sundaram Money Market Fund - Direct (IDCW-F) is categorized as a Money Market Fund within its segment. The fund has generated a return of 0% since its launch.
The current NAV of Sundaram Money Market Fund - Direct (IDCW-F) is ₹10.38, as on 26-Jun-2023. The fund’s benchmark index is NIFTY Money Market Index A-I. You can invest in Sundaram Money Market Fund - Direct (IDCW-F) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated and CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 128.56% in Debt and -28.56% in cash and cash equivalents

FAQs on Sundaram Money Market Fund - Direct (IDCW-F)

Sundaram Money Market Fund - Direct (IDCW-F) is a popular fund in the Money Market Fund segment. The fund has generated a return of 0% since inception. Looking to invest in Sundaram Money Market Fund - Direct (IDCW-F)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Sundaram Money Market Fund - Direct (IDCW-F) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Sundaram Money Market Fund - Direct (IDCW-F)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Sundaram Money Market Fund - Direct (IDCW-F) today and reap the benefits of this Money Market Fund fund!

In the short term, i.e., 1 year, Sundaram Money Market Fund - Direct (IDCW-F) has generated annualised return of . In the long-term, the fund has generated and in 3 and 5 years respectively. Since its inception, the fund has generated 0% returns.

The expense ratio of Sundaram Money Market Fund - Direct (IDCW-F) Direct Growth is 0.25%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Sundaram Money Market Fund - Direct (IDCW-F) is ₹171.38 (Cr) as of 26 June 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Sundaram Money Market Fund - Direct (IDCW-F) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Sundaram Money Market Fund - Direct (IDCW-F):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Sundaram Money Market Fund - Direct (IDCW-F)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Sundaram Money Market Fund - Direct (IDCW-F). Minimum lumpsum investment Sundaram Money Market Fund - Direct (IDCW-F) is ₹1000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Sundaram Money Market Fund - Direct (IDCW-F) is ₹10.38 as on 26 June 2023.

The 5 biggest stock holdings of Sundaram Money Market Fund - Direct (IDCW-F) are:
TBILL-364D (27.25%), TREPS (46.56%), HSBC Investdirec (5.72%), ICICI Securities (5.49%), LIC Housing Fin. (5.48%)

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