Sundaram Low Duration Fund

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An open ended low duration debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 6 and 12 months.

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Fund Managers

Fund Manager

Mr.Dwijendra Srivastava

Sundaram Ultra Short-Term Fund

Objective:

To provide a level of income consistent with liquidity through investments made primarily in money market and debt securities.

Key Features:
  • Rating - AAA by CARE
  • Fund invests in instruments with high credit quality.
  • Aims to generate higher returns compared to liquid funds.
  • Low volatility / low duration fund with steady accural income.
Target Investors
  • Large Corporates and Small & Medium Enterprises whose investment horizon is between 1 to 3 months.
  • For Investors seeking higher returns than Money fund over a three month horizon.
  • Retail Investor who have short term (within 1 to 3 months) surpluses.

Suggested Investment Horizon - 1 to 3 months

Moderately Low Risk

This product is suitable for investors who are seeking*

  • Short term income,
  • Liquidity through investments made primarily in money market and debt securities.

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

Fund Facts

Inception April, 2007
Scheme Type Ultra Short Term
Benchmark CRISIL Ultra Short Term Debt Index
Fund Manager Dwijendra Srivastava, Siddharth Chaudhary
Average AUM for the month of Crores
Plans Regular, Direct
Options
Growth
Dividend – Payout; Reinvest
Portfolio YTM * 31st Oct 2018 8.49 %
Average Maturity * 31st Oct 2018 0.60 years
Average Duration * 31st Oct 2018 0.51 years
Expense Ratio (Oct 18)
Regular: 0.93%
Direct: 0.28%
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 oneyear period and computed using NAV of Regular Plan-Growth Option