Sundaram Money Fund Regular Growth - Latest NAV, Returns, Performance & Portfolio

Sundaram Money Fund Regular Growth

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    7.21%
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    (+0.01)41.3857

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Fund Summarystar

PeriodReturns(per year)
10 Years7.92%
5 Years7.21%
3 Years6.81%
1 Year6.3%
6 Months2.71%
Fund Details
ISININF903J01GU2
RiskLow Risk
Fund TypeLiquid
NAV41.3857
Exit Load0.007% for 1 Days

More about this fundstar

Top HoldingsWeightage
76 DCMB 170320209.15%
63 DCMB 170320207.04%
91 DTB 120320205.28%
91 DTB 190320205.28%
91 DTB 260320204.39%
91 DTB 200220202.65%
182 DTB 200220201.77%
Indian Railway Finance Corporation Limited1.06%
National Bank For Agriculture And Rural Development0.97%
Aditya Birla Finance Limited0.89%

About Sundaram Money Fund

Sundaram Money Fund is an open-ended income liquid scheme with an objective to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, with the preservation of capital, liquidity and lower level of risk, through investments made primarily in money market and debt securities.

Pros & Cons of Sundaram Money Fund

Sundaram Money Fund offers the following benefits: 1. Liquid Funds have no restrictions of a lock-in period. These funds allow withdrawals to be processed within 24 hours on business days. Hence for all transactions received within a cut of time (say 1:00 pm) where money is also realized within the cut-off time, the units are allotted as per previous day NAV. 2. Liquid funds have the lowest interest risk associated among all the class of debt funds. This is because the primarily invest in fixed income securities with short maturity. 3. Another notable benefit of liquid funds is that they do not have any entry or exit load.

Certain drawbacks of Sundaram Money Fund 1. Liquid funds do not offer as high a return as other long term equity linked instruments.

Fund Information and Statistics of Sundaram Money Fund

i) Inception/ Launch date

Sundaram Money Fund was launched on March 8, 2000 by Sundaram Mutual Fund AMC.

ii) Risk level

Being an open ended liquid fund, this fund is a low risk bet and suitable for investors who have excess cash lying unused and think they might need it in a few days or months, you could consider parking it in this scheme.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch as early as possible as per norms of SEBI.

iv) Fund Manager

Mr. Dwijendra Srivastava and Siddharth Chaudhary have been managing the fund since 2010 and 2012 respectively.

v) Entry / Exit load

The fund doesn’t have any exit load associated with it.

Tax benefits of investing in the fund

Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation.

About Sundaram Mutual Fund

Sundaram Mutual Fund is an important fiduciary business of Sundaram Finance build with vision of providing excellent investment solutions, exemplary services and setting the highest ethical standards.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Low Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns