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)
★★★★★ monitor_heart Health Score: 66/100 · GoodSundaram Mutual Fund · Debt · Ultra Short Duration
₹3,133.25
AUM: ₹1,971 Cr
NAV updated about 10 hours ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.23%
Exit Load
Nil
Fund Manager
Pankaj Jain
Inception
Jan 2013
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Sharpe Ratio
-2.07
Std Dev (1Y)
2.8%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.64%
3m
+1.66%
6m
+3.43%
1y
+6.35%
3y
+7.27%
5y
+6.51%
10y
+6.0%
since inception
+0.48%
rate_review 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) holds up reasonably well within the Ultra Short Duration category, 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 66/100.
Cost: At 0.23%, the expense ratio is meaningfully cheaper — about 23% below the Ultra Short Duration category average of 0.3% (based on 216 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 -2.07 — 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 2.8% 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.
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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 ₹3133.25. NAV is updated every business day after market close by AMFI.
1Y: 6.35% · 3Y CAGR: 7.27% · 5Y CAGR: 6.51%
The expense ratio is 0.23% per annum — the annual fee deducted from your investment to cover fund management costs.
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 a Low to Moderate risk fund. 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 Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
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 ₹1,972 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.