Sundaram Money Market Fund - Direct (IDCW-M) (RI)
Money Market FundNAV
10.87(0.06%)Fund Size (CR)
₹1,338.16Expense Ratio
0.2Scheme Type
Active FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
6.32%
Basic Details
Scheme Manager
Sandeep Agarwal
Bench Mark
NIFTY Money Market Index A-I
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | October 28, 2026 | 10015.42 | 0.15% | - | 0.12% | 77/201 |
| 1 Month | October 1, 2026 | 10043.08 | 0.43% | - | 0.33% | 15/201 |
| 3 Month | August 4, 2026 | 10151.39 | 1.51% | - | 1.26% | 9/196 |
| 6 Month | May 4, 2026 | 10340.26 | 3.40% | - | 3.12% | 14/190 |
| 1 Year | November 4, 2025 | 10638.38 | 6.38% | 6.38% | 5.97% | 35/183 |
| 3 Year | November 3, 2023 | 12329.77 | 23.30% | 7.22% | 6.97% | 55/173 |
| 5 Year | November 3, 2021 | 13756.95 | 37.57% | 6.58% | 6.37% | 77/156 |
| Since Inception | September 26, 2018 | 16434.60 | 64.35% | 6.32% | 6.25% | 134/201 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | December 1, 2025 | 1,20,000 | 176837.07 | 47.36% | 47.36% |
| 3 Year | December 1, 2023 | 3,60,000 | 528694.86 | 46.86% | 13.67% |
| 5 Year | December 1, 2021 | 6,00,000 | 881747.05 | 46.96% | 8.00% |
| 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%.
Risk Ratios
0.16%
Standard Deviation
0.02%
Beta
3.46%
Sharpe Ratio
0.97%
Treynor's Ratio
1.94%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Sundaram Money Market Fund - Direct (IDCW-M) (RI) | 1338.16 | 0.43% | 1.51% | 3.40% | 6.38% | 7.22% | |
| Bandhan Money Market Fund - Direct (IDCW-D) | 13128.61 | 0.41% | 1.45% | 3.43% | 6.96% | 8.02% | |
| ICICI Pru Money Market Fund - Direct (IDCW-W) | 31009.57 | 0.29% | 1.90% | 3.74% | 6.92% | 7.43% | |
| Union Money Market Fund - Direct (G) | 1120.46 | 0.39% | 1.45% | 3.34% | 6.61% | 7.13% | |
| Bandhan Money Market Fund - Direct (Periodic) | 13128.61 | 0.45% | 1.53% | 3.39% | 6.55% | 7.38% | |
| UTI-Money Market Fund - Direct (IDCW-D) | 16038.82 | 0.46% | 1.50% | 3.34% | 6.53% | 7.35% |
List of Schemes under Sundaram Mutual Fund
News
Sundaram MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes
Sundaram Mutual Fund has announced 17 July 2026 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: 0.210
Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.330
Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.115
Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.140
Powered by Capital Market - Live News
Sundaram Mutual Fund it has been decided to Change in Monthly IDCW option of the schemes
Sundaram Mutual Fund it has been decided to Change in Monthly IDCW option of the scheme(s) of Sundaram Mutual Fund with effect from July 08, 2026Change in IDCW Option Name:
Scheme Name Existing Option Proposed Option Sundaram Arbitrage Fund Monthly IDCW IDCW Sundaram Overnight Fund Monthly IDCW IDCW Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
September 12, 2018
Total AUM (Cr)
₹1207.90
Sundaram Money Market Fund - Direct (IDCW-M) (RI) is an Money Market Fund-oriented fund from the renowned AMC, Sundaram Mutual Fund. Launched in September 12, 2018, this fund is managed by Sandeep Agarwal. With assets under management (AUM) worth ₹1,207.9 (Cr), as of November 5, 2026, Sundaram Money Market Fund - Direct (IDCW-M) (RI) is categorized as a Money Market Fund within its segment. The fund has generated a return of 6.32% since its launch.
The current NAV of Sundaram Money Market Fund - Direct (IDCW-M) (RI) is ₹10.87, as on November 5, 2026. The fund's benchmark index is NIFTY Money Market Index A-I. You can invest in Sundaram Money Market Fund - Direct (IDCW-M) (RI) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.22% and 6.58% 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 102.04% in Debt and -2.04% in cash and cash equivalents.
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors
FAQs
Sundaram Money Market Fund - Direct (IDCW-M) (RI) is a popular fund in the Money Market Fund segment. The fund has generated a return of 6.32% since inception. Looking to invest in Sundaram Money Market Fund - Direct (IDCW-M) (RI) How about earning 1% extra return? All this is possible with m.Stock! Investing in Sundaram Money Market Fund - Direct (IDCW-M) (RI) 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 on Mutual Funds, Delivery & IPO.
- 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-M) (RI)
- 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Sundaram Money Market Fund - Direct (IDCW-M) (RI) today and reap the benefits of this Money Market Fund fund!