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 Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW)
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 64/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.3%
- Expense ratio (20%)0.4%
- AUM (15%)₹446 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Sundaram Mutual Fund · Debt · Low Duration
₹3,998.83
AUM: ₹446 Cr
NAV updated 6 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.4%
Exit Load
Nil
Fund Manager
Pankaj Jain
Inception
Jan 2013
Benchmark
NIFTY Low Duration Debt Index A-I
Sharpe Ratio
-2.04
Std Dev (1Y)
2.83%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.56%
3m
+1.73%
6m
+3.36%
1y
+6.1%
3y
+7.3%
5y
+8.18%
10y
+6.33%
since inception
+0.69%
TopFund's Take on Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW)
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) sits in the middle of the pack for Low Duration 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 64/100.
Cost: At 0.4%, the expense ratio runs 67% above the Low Duration category average of 0.24%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -2.04 — 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 2.83% is on the lower side for a Low Duration fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW)
The current NAV (Net Asset Value) of Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is ₹3998.83. NAV is updated every business day after market close by AMFI.
1Y: 6.1% · 3Y CAGR: 7.3% · 5Y CAGR: 8.18%
The expense ratio of Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is 0.4% per annum. This is the annual fee charged by the fund to manage your investment.
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is managed by Pankaj Jain at Sundaram Mutual Fund.
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is a Low Duration fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan Income Distribution CUM Capital Withdrawal Option (IDCW) is ₹446 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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