GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)
Direct Plan · IDCW (Income Distribution CUM Capital Withdrawal) · Sundaram Mutual Fund
Risk: Low to Moderate Risk
★★★★★
Morningstar
52W Low ₹1075.04 29 Jan 2026
52W High ₹1100.45 26 Oct 2026
₹1088.5266
NAV as of 3 Nov 2026
+0.02% day change
Other Plans of This Fund
Direct Plan · GROWTH
Direct Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Direct Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Direct Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Direct Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Regular Plan · GROWTH
Regular Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Regular Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Regular Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Regular Plan · IDCW (Income Distribution CUM Capital Withdrawal)
Regular Plan · IDCW (Income Distribution CUM Capital Withdrawal)
ISININF173K01HK9
Scheme Code149540
StructureOpen Ended Schemes
Fund HouseSundaram Asset Management Company Ltd
AUM (avg. July - September 2026)₹0.05 Cr
Expense Ratio (as of 2 Nov 2026)0.22%
Min. InvestmentRs.1000/- and amount thereafter
Inception Date20 Dec 2007
BenchmarkNifty Ultra Short Duration Debt Index A-I
Portfolio Turnover225.72%
NFO PeriodNA – NA
Returns
1Y
+0.94%
3Y
+0.77%
Since Inception
+0.54%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.14% | +0.11% | 18 of 27 |
| 1M | -0.84% | +0.25% | 15 of 27 |
| 3M | +0.22% | +0.93% | 17 of 26 |
| 6M | +0.83% | +2.28% | 17 of 26 |
| YTD | -0.02% | +3.53% | 17 of 27 |
| 1Y | +0.94% | +4.22% | 16 of 26 |
| 2Y | +1.18% | +4.73% | 17 of 25 |
| 3Y | +0.77% | +4.79% | 16 of 24 |
| INCEPTION | +0.54% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.17% | +1.70% | -0.85% | 71% | 28% |
| 6M | +0.31% | +2.36% | -0.63% | 76% | 30% |
| 1Y | +0.61% | +2.76% | -0.57% | 90% | 36% |
| 2Y | +0.53% | +1.86% | -0.28% | 94% | 38% |
| 3Y | +0.55% | +1.23% | -0.08% | 99% | 40% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt99.28%
- Cash0.72%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings56
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Punjab National Bank - 05/02/2027** | Money Market | 5.33% | +0.70% |
| Axis Bank Ltd - 07/12/2026 | Money Market | 4.69% | +0.62% |
| Pilani Investment and Industries Corporation Ltd. - 11/03/2027** | Money Market | 4.59% | +0.61% |
| The Federal Bank Ltd - 10/12/2026** | Money Market | 3.51% | +0.46% |
| Small Industries Development Bank of India - 18/02/2027** | Money Market | 3.47% | +2.47% |
| Kotak Mahindra Bank Ltd - 18/12/2026** | Money Market | 3.28% | — |
| Punjab National Bank - 04/02/2027** | Money Market | 2.78% | +0.37% |
| 91TB051126 | Money Market | 2.36% | +0.31% |
| Small Industries Development Bank of India - 03/12/2026** | Money Market | 2.35% | +0.31% |
| Canara Bank - 18/12/2026** | Money Market | 2.34% | +0.31% |
| Export Import Bank of India - 29/01/2027** | Money Market | 2.32% | +0.31% |
| Canara Bank - 02/02/2027** | Money Market | 2.32% | +0.31% |
| Axis Bank Ltd - 12/02/2027** | Money Market | 2.31% | +0.30% |
| Kotak Mahindra Bank Ltd - 05/03/2027** | Money Market | 2.31% | +0.31% |
| LIC Housing Finance Ltd - 23/02/2027** | Money Market | 2.31% | +0.31% |
View all 58 holdings
| National Bank for Agriculture & Rural Development - 02/03/2027** | Money Market | 2.30% | +0.30% |
| The Federal Bank Ltd - 04/03/2027** | Money Market | 2.30% | +0.30% |
| Bank of Baroda - 11/03/2027 | Money Market | 2.30% | +0.30% |
| National Bank for Agriculture & Rural Development - 18/03/2027 | Money Market | 2.30% | -0.69% |
| IGH Holdings Private Limited - 08/03/2027** | Money Market | 2.30% | +0.31% |
| Indian Bank - 24/05/2027** | Money Market | 2.27% | +0.30% |
| National Bank for Agriculture & Rural Development - 7.8% - 15/03/2027 | Debt | 1.90% | — |
| JM Financial Services Ltd - 11/12/2026** | Money Market | 1.87% | — |
| Indian Bank - 05/02/2027** | Money Market | 1.85% | +0.24% |
| IIFL Finance Ltd - 02/11/2026** | Money Market | 1.65% | +0.22% |
| Infina Finance Pvt Ltd - 01/03/2027** | Money Market | 1.61% | +0.22% |
| 360 One Prime Ltd - 8.95% - 04/06/2027** | Debt | 1.47% | +0.19% |
| Bank of Baroda - 08/03/2027 | Money Market | 1.38% | +0.18% |
| Cholamandalam Investment and Finance Company Ltd - 8.58% - 13/05/2027** | Debt | 1.19% | — |
| REC LTD - 7.54% - 30/12/2026** | Debt | 1.19% | +0.15% |
| LIC Housing Finance Ltd - 7.9% - 23/06/2027** | Debt | 1.19% | +0.15% |
| Muthoot Finance Ltd - 8.6% - 02/03/2028** | Debt | 1.18% | +0.15% |
| National Bank for Agriculture & Rural Development - 7.44% - 24/02/2028 | Debt | 1.18% | +0.15% |
| Axis Bank Ltd - 27/11/2026** | Money Market | 1.17% | +0.15% |
| Bank of Baroda - 05/02/2027** | Money Market | 1.16% | +0.15% |
| Small Industries Development Bank of India - 05/02/2027** | Money Market | 1.16% | — |
| Union Bank of India - 10/02/2027 | Money Market | 1.16% | — |
| HDFC Bank Ltd - 15/02/2027** | Money Market | 1.16% | +0.16% |
| Export Import Bank of India - 01/03/2027** | Money Market | 1.15% | +0.15% |
| National Bank for Agriculture & Rural Development - 10/03/2027** | Money Market | 1.15% | +0.15% |
| Union Bank of India - 15/03/2027** | Money Market | 1.15% | +0.15% |
| ICICI Bank Ltd - 25/03/2027** | Money Market | 1.15% | +0.15% |
| ICICI Securities Ltd - 05/03/2027** | Debt | 1.15% | +0.15% |
| Indian Bank - 15/06/2027** | Money Market | 1.13% | +0.15% |
| Bharti Telecom Ltd - 7.35% - 15/10/2027** | Debt | 0.94% | +0.12% |
| Muthoot Finance Ltd - 20/01/2027** | Money Market | 0.93% | +0.13% |
| LIC Housing Finance Ltd - 11/02/2027** | Money Market | 0.93% | +0.13% |
| Punjab National Bank - 09/03/2027** | Money Market | 0.92% | +0.12% |
| Cholamandalam Investment and Finance Company Ltd - 8.4% - 18/09/2027** | Debt | 0.71% | — |
| REC LTD - 7.56% - 31/08/2027** | Debt | 0.71% | +0.09% |
| Muthoot Finance Ltd - 8.65% - 31/01/2028** | Debt | 0.71% | +0.09% |
| IndusInd Bank Ltd - 14/12/2026** | Money Market | 0.70% | — |
| Punjab National Bank - 28/01/2027** | Money Market | 0.70% | +0.10% |
| Canara Bank - 26/02/2027** | Money Market | 0.69% | — |
| Cholamandalam Investment and Finance Company Ltd - 7.38% - 28/05/2027** | Debt | 0.61% | +0.07% |
| Cash and Other Net Current Assets^ | Net Current Assets | 0.41% | — |
| Corporate Debt Market Development Fund - Class A2 | Debt | 0.34% | +0.05% |
| TREPS | Reverse Repo / TREPS | 0.31% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.67 | 0.63 | High Volatility |
| 3Y | 2.32 | 0.55 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.99 | -14.55 | Above Average |
| 3Y | -3.09 | -8.67 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.39 | 27.51 | Below Average |
| 3Y | 0.37 | 53.28 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.16 | 1.17 | Good Risk Adjusted Returns |
| 3Y | 1.07 | 1.06 | Poor Risk Adjusted Returns |
| 5Y | 1.03 | 1.05 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.53% | +7.34% | +6.74% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.08% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.23% | +6.95% | +6.50% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.20% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.13% | +6.60% | +6.61% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.12% | +6.88% | +6.31% | +6.22% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.87% | +6.30% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.00% | +6.80% | +6.13% | +6.99% |
More From Sundaram Asset Management Company Ltd
About This Scheme
Investment Objective
To generate regular income by investing predominantly in debt and money market instruments
Stated Asset Allocation
Debt & Money Market Instruments with Macaulay duration of 3-6 months: 0%-100%
Exit Load
NIL
Fund Managers
FM 1 -Mr. Sandeep Agarwal, FM 2 -Mr. Kumaresh Ramakrishnan, FM 3 - Mr. Ronak Shah
Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Sundaram Asset Management Company Ltd website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.