Mutual Funds › MFIC › Ultra Short to Short Term › Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)
Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)
Sundaram Mutual Fund · Ultra Short to Short Term · Regular plan, growth option
NAV (₹), 1 Oct 2026
3,697.4791
1-day change
0.02%
1Y return
5.2%
3Y CAGR
6.5%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 3 Jan 2022 to 1 Oct 2026
Returns vs Ultra Short to Short Term median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.2% | 1.2% |
| 6 months | 3.0% | 3.1% |
| Year to date | 3.8% | 4.2% |
| 1 year | 5.2% | 5.6% |
| 3 years (CAGR) | 6.5% | 6.8% |
| 5 years (CAGR) | n/a | 6.1% |
| 7 years (CAGR) | n/a | 6.0% |
| 10 years (CAGR) | n/a | 6.3% |
| Since first NAV (CAGR) | 6.0% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.6% | 7.1% |
| 3Y rolling median | 6.6% | 7.2% |
| 3Y rolling worst | 6.0% | 4.5% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 7.4% |
| 5Y rolling worst | n/a | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.7% | 0.7% |
| Sharpe ratio | -0.22 | 0.14 |
| Sortino ratio | -0.30 | 0.21 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.3% | −1.5% |
| Maximum drawdown, last 10Y | n/a | −1.5% |
| Maximum drawdown, last 5Y | n/a | −0.4% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.14% a year and the Direct plan's 0.40%, a gap of 0.74%; over the last 3 years the Direct plan returned 0.77 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹18,61,936.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Sandeep Agarwal | 31 Dec 2021 | |
| Dwijendra Srivastava | 16 May 2022 |
Objective: To generate regular income & capital appreciation through investments in debt securities and money market instruments. No Guarantee: Investors are neither being offered any guaranteed/indicated returns nor any guarantee on repayment of capital by the Scheme. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or Trustees by the Asset management Company.
Stated asset allocation: Debt securities / Money Market 0 - 100%, instruments and Cash & Cash equivalents*
Benchmark (tier 1): NIFTY Low Duration Debt Index A-I
Minimum application: Rs. 1000/-
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.14% | 0.87% |
| AUM, whole scheme (₹ crore) | 381 | 2,290 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.2% | 6.3% TRI |
| Return, 3 years (AMFI) | 6.5% | 7.1% TRI |
| Return, 5 years (AMFI) | 5.9% | 6.4% TRI |
| Month-ends above category median (3Y CAGR) | 0% | 46% median |
| Month-ends in category top quartile (3Y) | 0% | 10% median |
Official benchmark: NIFTY Low Duration Debt Index A-I (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Ultra Short to Short Term Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.8% | n/a | – |
| 2025 | 6.8% | n/a | – |
| 2024 | 7.3% | n/a | – |
| 2023 | 6.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,454 | 5.4% |
| 3 years | ₹3,60,000 | ₹3,95,060 | 6.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Sundaram Mutual Fund
Category: Ultra Short to Short Term
Plan / option: Regular · Growth
AMFI scheme code: 149519
ISIN: INF173K01DG6
First NAV in MFIC data: 3 Jan 2022
History: 4.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| JM Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.97 | 6.8% |
| Nippon India CRISIL - IBX AAA Financial Services - Jan 2028 Index Fund | Debt Index Fund | 0.97 | n/a |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund | Debt Index Fund | 0.97 | n/a |
| UTI Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.96 | 7.1% |
| Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund | Debt Index Fund | 0.96 | n/a |
| DSP Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.95 | 6.8% |
Questions about Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)
- What is the latest NAV of Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- The NAV of the Regular plan (growth option) was ₹3,697.4791 on 1 Oct 2026, as published by AMFI.
- Which category is Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) in?
- It is classified as Ultra Short to Short Term in AMFI's daily NAV file. MFIC compares it with 29 Ultra Short to Short Term schemes (Regular plans).
- What returns has Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) delivered?
- Over one year the NAV changed by 5.2%. The 3-year CAGR is 6.5% (category median 6.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.6%, the lowest was 6.0%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)'s NAV?
- The largest peak-to-trough fall in its available history was 0.3%.
- How volatile is Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.7%, which is above the Ultra Short to Short Term category median of 0.7%.
- What would a monthly SIP in Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,95,060 on 1 Oct 2026, an annualised return (XIRR) of 6.1%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- The total expense ratio of the Regular plan is 1.14% a year, as disclosed to AMFI (median of Ultra Short to Short Term Regular plans: 0.87%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- Assets under management of the whole scheme were ₹381 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) and how has it compared?
- Its official benchmark is the NIFTY Low Duration Debt Index A-I. Over 3 years AMFI reports a return of 6.5% for this plan against 7.1% for the benchmark total return index; over 5 years 5.9% against 6.4%. Past performance does not indicate future results.
- How often has Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) beaten its category?
- At 0% of the 21 month-ends compared over the last 10 years, its 3-year return was above the median of Ultra Short to Short Term schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- According to its Scheme Summary Document, Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund) is managed by Sandeep Agarwal (since 31 Dec 2021), Dwijendra Srivastava (since 16 May 2022).
- What is the minimum investment in Sundaram Ultra Short to Short Term Fund (Formerly Known as Sundaram Low Duration Fund)?
- The minimum application amount is Rs. 1000/-. SIP details: For first investment/Additional Investment - Rs 1,000 SIP Weekly/Monthly - Rs.1000, Quaterly - Rs.3000, STP - Daily/ Weekly/Monthly - Rs.1000, Quaterly - Rs.3000, SWP-Monthly / Quarterly : Rs.500/-.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 6.0% and the Regular plan's by 5.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.