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Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)

Q: What is the current NAV of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?

The current NAV (Net Asset Value) of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹1050.64. NAV is updated every business day after market close by AMFI.

Q: What is the expense ratio of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?

The expense ratio of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is 0.08% per annum. This is the annual fee charged by the fund to manage your investment.

Q: What is the minimum SIP amount for Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?

You can start a SIP in Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.

Q: What is the AUM of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?

The Assets Under Management (AUM) of Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹1,483 crore. AUM indicates the total market value of assets managed by the fund.

★★★★★ monitor_heart Health Score: 51/100 · Average

Sundaram Mutual Fund · Debt · Overnight Fund

₹1,050.64

+0.14 (+0.01%) trending_up

AUM: ₹1,482 Cr

NAV updated 19 days ago

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Plan

Direct

Option

Idcw

Risk

Low

Expense Ratio

0.08%

Exit Load

Nil

Fund Manager

Siddharth Chaudhary

Inception

Mar 2019

Benchmark

NIFTY 1D Rate Index

Sharpe Ratio

-1.52

Std Dev (1Y)

4.27%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

+0.43%

+1.27%

+2.53%

+0.34%

+0.06%

+0.07%

10y

—

since inception

+0.14%

rate_review TopFund's Take on Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)

Sundaram Overnight Fund Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) sits in the middle of the pack for Overnight Fund funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 51/100.

Cost: At 0.08%, the expense ratio is meaningfully cheaper — about 62% below the Overnight Fund category average of 0.21% (based on 62 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.52 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 4.27% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.