- Mutual Funds
- Sundaram Mutual Fund
- Sundaram Money Market Fund Direct Growth
Sundaram Money Market Fund Direct Plan Growth
₹ 14.86
NAV (Apr 09)
Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Sundaram Money Market Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,09,163
Wealth Gained8,41,775
Total Corpus Created (₹)
With CAGR of 5.774 % in 5 yearsHistorical NAV
₹ 14.8641
NAV (Apr 9)
Fund Returns
Last 1Y | 7.9% |
Last 3Y | 7% |
Last 5Y | 5.8% |
Last 10Y | - |
Since Inception | 6.2% |
6 Month CAGR | 4.1% |
Scheme Information
The scheme seeks to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year.
Expense Ratio | 0.17 % |
Launched 6Y ago | 2018-09-26 |
AUM in Crores | 1291.6 |
ISIN | INF903JA1FR6 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.4 |
Beta | 0.9 |
Sharpe Ratio | 1 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Sundaram Money Market Fund Direct (G) | 8,41,775 | 1,09,163 | 5.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Punjab National Bank
8.8%Others
7.72%Bank Of Baroda
6.61%Canara Bank
6.57%Reserve Bank of India
6.53%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 4,484 cr | ||
₹ 14,724 cr | ||
₹ 42,292 cr | ||
₹ 9,086 cr |
About the AMC
Sundaram Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19.2% | 17.9% | ||
7.3% | 7.6% | ||
11.8% | 11.9% | ||
14.1% | 20% | ||
18% | 13.9% |
Sundaram Money Market Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,09,163
Wealth Gained8,41,775
Total Corpus Created (₹)
With CAGR of 5.774 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Sundaram Money Market Fund Direct Plan Growth?
What is the current AUM of Sundaram Money Market Fund Direct Growth?
What is the latest NAV of Sundaram Money Market Fund Direct Growth?
What is the Riskometer rating for Sundaram Money Market Fund Direct Plan Growth?
Which are the top sector holdings in Sundaram Money Market Fund Direct Plan?
Which are the top stock holdings in Sundaram Money Market Fund Direct Plan?
What is the asset allocation of Sundaram Money Market Fund Direct Plan Growth?
What has been the performance of Sundaram Money Market Fund Direct Growth returns?
Does Sundaram Money Market Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Sundaram Money Market Fund Direct Plan Growth?
How to invest in Sundaram Money Market Fund Direct Growth?
How can I redeem my investment in Sundaram Money Market Fund Direct Plan?