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Sundaram Overnight Fund

Sundaram Overnight Fund

An Open Ended Debt Scheme Investing in Overnight Securities. A relatively low interest rate risk and relatively low credit risk.

Sundaram Low Duration Fund

About This Fund

  • Very high credit quality as the fund mostly invests in cash and cash equivalents
  • Very high liquidity as the fund invests in overnight securities
  • Returns in line with Money Market rates
  • Very low risk when compared with other similar investments, negligible interest rate risk (if any)

NAV as on

Returns since inception as on

%

Date of Inception

Total AUM as on

₹ Crores

Risk Metric

Total Investors

3,58,030+

Performance

of ₹

for

Calculate

Total Investment of ₹ would have become ₹

Product Features

  • Very high credit quality as the fund mostly invests in cash and cash equivalents
  • Very high liquidity as the fund invests in overnight securities
  • Returns in line with Money Market rates
  • Very low risk when compared with other similar investments, negligible interest rate risk (if any)

Ideal For

  • Investor Seeking to generate income in line with overnight call/ money market rates with investments in debt, money market instruments, cash and cash equivalents maturing in one business day
  • Investor Seeking high level of liquidity and low credit risk for their investments
  • Investor Seeking Investment horizon: Typically one day to a fortnight
  • Investment over very short-term periods
  • Income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity and seeking returns in line with overnight call/ money market rates

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment objective

To generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity / maturing in one business day .

Benchmark Index

Tier I:

Month End AuM

₹ Cr

Total Expense Ratio

Regular: , Direct:

Repayment Options

Growth

Income Distribution cum Capital Withdrawal (IDCW): Payout, Reinvestment, Transfer

Special Facitilities

SIP/STP

Minimum Investment Amount

₹ 5000

Entry Load

Nil

Portfolio YTM

Average Maturity

Macaulay Duration

Exit Load

Nil

Note: If an investor invests before 1:30 PM on any business day, units will be allotted at the previous day's NAV. For redemption requests received before 3:00 PM on a business day, funds will be credited to the investor's account the following business day.
Performance ₹ invested
Period Fund
(%)		 TIER I
(%)		 Additional Benchmark
(%)		 Fund
(₹)		 TIER I
(₹)		 Additional Benchmark
(₹)

Past performance may or may not be sustained in future. Returns/investment value are as of . Returns are on a compounded annual basis for period more than one year and absolute for one-year period and computed using NAV of Regular Plan-Growth Option.
Value of invested at inception is as on .

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Market Capitalization

Current Asset Allocation

Portfolio data as on

Portfolio
Fact-Sheet
Application Form
Scheme Information Document
Statement of Additional Information

Fund Managers

Product Label

Other Funds For You To Consider

Potential Risk Class Matrix

The potential risk class matrix of Sundaram Overnight Fund based on interest rate risk and credit risk is as follows:

Potential Risk Class
Credit Risk Relatively Low
(Class A)		 Moderate
(Class B)		 Relatively High
(Class C)
Interest Rate Risk
Relatively Low (Class I) A-I - -
Moderate (Class II) - - -
Relatively High (Class III) - - -