August 11, 2023
mayank
Sundaram Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 41.1039
Yearly NAV IDCW: Rs 13.4042
Weekly NAV IDCW: Rs 12.8951
Quarterly NAV IDCW: Rs 13.6463
Monthly NAV IDCW: Rs 12.9206
NAV IDCW Half Yearly: Rs 13.5622
NAV IDCW Fortnightly: Rs 12.9032
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The fund aims to generate income and capital appreciation from a portfolio of debt and money market instruments. The fund can be slotted between a cash fund and a bond fund.
Fund Manager:
1) Dwijendra Srivastava
Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
2) Sandeep Agarwal
Education: Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.
Experience: Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 250 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Sundaram Short Duration Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.43% |
| Benchmark | NIFTY Short Duration Debt Index B-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 200 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.28% |
| (As on 30-Jun-2023) | |
| Risk Grade | Below Average |
| Return Grade | High |
Sundaram Short Duration Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram SD Dir | 4.67 | 0.02 | 0.58 | 1.57 | 3.91 | 7.16 | 7.36 | 5.95 | 6.28 | 7.43 |
| CCIL T Bill Liquidity Weight | 2.65 | 0.03 | 0.38 | 1.23 | 2.28 | 4.07 | 2.74 | 3.28 | 3.52 | 4.15 |
| Debt: Short Duration | 4.53 | 0.04 | 0.60 | 1.55 | 3.84 | 7.11 | 5.58 | 6.68 | 6.77 | 7.84 |
| Rank within category | 9 | 24 | 16 | 12 | 12 | 7 | 2 | 16 | 14 | 15 |
| Number of funds in category | 25 | 26 | 26 | 26 | 25 | 24 | 22 | 21 | 19 | 18 |
Sundaram Short Duration Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Sundaram SD Dir | 5 star | 7.16 | 7.36 | 5.95 | 0.28 | 200 | 7.43 | — | 10Y 7M |
| ICICI Pru ST Dir | 4 star | 8.21 | 6.18 | 8.03 | 0.40 | 18,245 | 8.57 | — | 10Y 7M |
| Axis Short Term Dir | 4 star | 7.05 | 5.45 | 7.55 | 0.34 | 7,490 | 8.17 | — | 10Y 7M |
| Nippon Ind ST Dir | 4 star | 7.04 | 5.76 | 7.49 | 0.36 | 6,164 | 8.11 | — | 10Y 7M |
| ABSL Short Term Dir | 4 star | 7.28 | 6.19 | 7.81 | 0.39 | 6,040 | 8.68 | — | 10Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 28 | 42 |
| Macaulay Duration (yrs) | 2.72 | 2.46 |
| Average Maturity (yrs) | 3.70 | 3.05 |
| Yield to Maturity (%) | 7.57 | 7.54 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Sundaram Short Duration Fund
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
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