Formerly Sundaram Money Market Reg Qt DR
However, Scripbox does not recommend investing in money market mutual funds.
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
92 Cr. Small within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year
Low to Moderate
Low to Moderate Risk
Sep 26, 2018
Launched (3y ago)
AUM in Crores
CRISIL Money Market TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 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.
Comparison with Debt Funds
About the AMC
Sundaram Asset Management Company Ltd
Sundaram Asset Management Company Ltd manages assets worth 32,747 crores and was set up on 26 February 1996. It's current offering of mutual fund schemes includes 145 equity,182 debt and 36 hybrid funds.
₹ 1,462 Cr
₹ 386 Cr
₹ 3,662 Cr
₹ 3,662 Cr
₹ 1,034 Cr
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Sundaram Money Market of Income Distribution cum Capital Withdrawal fund (RIDCW-Q) is a money market debt fund and has delivered an annualised return of 5.5% over a period of 3 years .The fund was previously known as Sundaram Money Market Reg Qt DR.The fund is managed by Sundaram Asset Management Company Ltd.The fund managers are Sandeep Agarwal, Siddharth Chaudhary
The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year However, there is no assurance that the objective of the scheme will be realized.
The Sundaram Money Market of Income Distribution cum Capital Withdrawal fund (RIDCW-Q) fund was launched on Sep 26, 2018. The NAV (Net Asset Value) of this money market debt as of 2021-05-11 is ₹ 11.1932. The total AUM (Asset Under Management) of the fund as of 2021-05-12 is ₹ 91.669. The category risk of the Sundaram Money Market of Income Distribution cum Capital Withdrawal fund (RIDCW-Q) fund is Low to Moderate Risk. The fund charges 0.33 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 52.8% in this asset class. The top three holdings of the fund are 364 dtb 24032022,364 dtb 27052021 and treps
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market TR INR.
Sundaram Money Market of Income Distribution cum Capital Withdrawal fund (RIDCW-Q) has a score of 2 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Sundaram Money Market of Income Distribution cum Capital Withdrawal fund (RIDCW-Q) has a score of 2 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.