Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary investment objective of the Floating Rate Fund will be to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments and money market instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)- Growth Option 6.48 7.30 5.77 6.20 1.48 6.05
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)- Growth Option Sep 14, 2004 5.77 6.20 1.48 1.28 383.98
ICICI Prudential Savings Fund - Growth Sep 27, 2002 6.88 5.53 6.72 0.49 17,911.10
HDFC Low Duration Fund - Growth Nov 18, 1999 6.19 5.24 6.27 1.04 14,140.58
Aditya Birla Sun Life Low Duration Fund - Growth Plan May 14, 1998 6.09 5.01 6.27 1.17 12,214.58
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH Jul 26, 2007 6.03 4.48 5.99 0.94 9,253.51
Kotak Low Duration Fund- Regular Plan-Growth Option Mar 06, 2008 6.11 4.95 6.25 1.18 8,228.35

Fund Holdings as on 30-April-2023

  • HDFC Bank Ltd - 14/08/2023**

  • State Bank of India - 12/09/2023**

  • Axis Bank Ltd - 01/12/2023**

  • Indian Bank - 05/03/2024**

  • The Federal Bank Ltd - 17/08/2023**

  • Reverse Repo

  • National Bank for Agricultural & Rural Development - 23/01/2024**

  • Kotak Mahindra Bank Ltd - 08/03/2024**

  • Small Industries Development Bank of India - 14/03/2024**

  • JM Financial Services Ltd - 30/08/2023**

  • Indusind Bank Ltd - 20/02/2024**

  • Export Import Bank of India - 14/03/2024**

  • Piramal Capital & Housing Finance Ltd - 6.75% - 26/09/2031

  • Power Finance Corporation Ltd - 7.55% - 15/07/2026**

  • National Housing Bank - 7.79% - 09/03/2026**

  • L & T Metro Rail (Hyderabad) Limited - 11/05/2023**

  • Standard Chartered Capital Ltd - 06/06/2023**

  • HSBC InvestDirect Financial Services India Limited - 23/06/2023**

  • Canara Bank - 18/08/2023

  • 182 Days - T Bill - 31/08/2023

  • 182 Days - T Bill - 22/09/2023

  • ICICI Bank Ltd - 17/11/2023**

  • Housing Development Finance Corporation Ltd - 25/01/2024**

  • 364 Days - T Bill - 07/03/2024

  • Housing Development Finance Corporation Ltd - 19/03/2024**

  • ICICI Home Finance Company Ltd - 8% - 28/06/2024**

  • Housing Development Finance Corporation Ltd - 7.7% - 18/11/2025

  • 5.22% Central Government Securities 15/06/2025

  • TREPS

  • Cash and Other Net Current Assets^

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • ICRA A1+

  • ICRA AA

  • ICRA AAA

  • IND A1+

  • Sovereign

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About Sundaram Low Duration Fund

Scheme Analysis

Sundaram Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Sundaram Mutual Fund. It was launched on 14-Sep-2004 and currently has an AUM of ₹383.98 crore. Sundaram Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of Sundaram Low Duration Fund ended up ₹0.54(0.02%)yesterday to ₹2998.3641.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd - 14/08/2023**, and

The Sundaram Low Duration Fund is managed by Dwijendra Srivastava and Sandeep Agarwal.

Fund House Contact

Sundaram Towers, 2nd Floor, 46 White Road, Royapettah, Chennai - 600 014.

+91 (22) 28583362/3367
+91 (22) 22858 3156