Sundaram Money Market Fund

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Description:

An open ended debt scheme investing in Money Market instruments having maturity of up to one year

Key Features:
  • High credit quality
  • Low volatility
  • Seeks to provide higher returns than Liquid funds
Target Investors
  • Investors looking for high liquidity, low-volatility fund, and a higher return than Liquid funds
  • Investment horizon longer than that of Liquid fund (generally 3-12 months depending on Money Market conditions)
Low Risk

This product is suitable for investors who are seeking*

  • Income over a short term investment horizon
  • Investment in Money Market instruments with maturity up to 1 year

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

Fund Facts

Inception September 2018
Scheme Type An open-ended Debt Scheme investing in Money Market instruments
Benchmark CRISIL Money Market Index
Fund Manager Siddharth Chaudhary and Sandeep Agarwal
Investment Objective To generate returns by investing in Money Market instruments having maturity upto 1 year
Average AUM for the month of Crores
Portfolio YTM* 31st Oct 2018 7.96 %
Average Maturity* 31st Oct 2018 0.09 years
Average Duration* 31st Oct 2018 0.09 years
Plans Regular, Direct
Options
Growth
Dividend Pay-out (Monthly & Quarterly)
Dividend Sweep
Dividend Reinvestment (Daily, Weekly, Fortnightly, Monthly & Quarterly)
Expense Ratio (Oct 18)
Regular: 0.36%
Direct: 0.21%
Min. Initial Investment 1,000
Entry Load Nil
Exit Load (both plans) Nil

* 0 - indicates No Value


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