debtModerate risk

Sundaram Money Market Fund Direct Plan - Fortnightly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Sundaram Mutual Fund. It's been running since 27 Sep 2018.

Latest price per unit

₹10.3782

▲ 0.05% today

As of 26 Jun 2023 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.00 L

▲ ₹81 gain · 0.1% / year

Invested 3 years ago

₹1.00 L

▲ ₹386 gain · 0.1% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

8.1%

The value swings roughly 8% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-7.34%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year0.08%

CAGR — 3 years0.13%

CAGR — 5 years—

CAGR — since launch0.78%

Volatility — 1 year (annualised)8.51%

Volatility — 3 years (annualised)8.11%

Max drawdown — 1 year-7.34%

Max drawdown — 3 years-7.34%

Sharpe ratio — 1 year (rf=6%)-1.73

Sharpe ratio — 3 years (rf=6%)-0.71

Fund info

Fund house: Sundaram Mutual Fund
Category: Debt Scheme - Money Market Fund
Plan: Direct
Option: IDCW
ISIN (Growth): —
ISIN (Div re-invest): —
Fund code: 145053
First price on record: 27 Sep 2018 · 849 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.