MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

Sundaram Money Market Fund Direct Plan - Quarterly 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
₹12.7426
▲ 0.03% today
As of 27 Jun 2025 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.05 L
▲ ₹4.7k gain · 4.7% / year
Invested 3 years ago
₹1.13 L
▲ ₹12.9k gain · 4.1% / year
Invested 5 years ago
₹1.15 L
▲ ₹15.1k gain · 2.8% / year

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

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.92 L
Gain / loss+₹12.4k
XIRR (annualised)4.41%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.93 L
Projected gain*+₹12.8k
*at this fund's historical rate of 4.41% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 86 other funds in Debt Scheme - Money Market Fund

Same plan
1-year return
4.67%median 0.56% (+4.11%)
Rank #27 of 87Beats 67% of peers
3-year return
4.12%median 1.19% (+2.92%)
Rank #29 of 87Beats 57% of peers
5-year return
2.85%median 0.93% (+1.92%)
Rank #27 of 87Beats 56% of peers
Bumpiness (3Y)
1.60%median 0.57% (+1.02%)
Rank #65 of 87Less risky than 23% of peers
Worst-ever drop
-1.52%median -1.23% (-0.29%)
Rank #33 of 87Less risky than 62% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+6%
2019
+3%
2020
+0%
2021
+2%
2022
+4%
2023
+5%
2024
+2%
2025
Best year
2019 · 5.86%
Worst year
2021 · 0.24%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
1.6%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.52%

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

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) against other debt funds.

Technical details (for the pros)
CAGR — 1 year4.67%
CAGR — 3 years4.12%
CAGR — 5 years2.85%
CAGR — since launch3.65%
Volatility — 1 year (annualised)1.91%
Volatility — 3 years (annualised)1.60%
Max drawdown — 1 year-1.52%
Max drawdown — 3 years-1.52%
Sharpe ratio — 1 year (rf=6%)-0.67
Sharpe ratio — 3 years (rf=6%)-1.13

Fund info

Fund house
Sundaram Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
INF903JA1FY2
Fund code
145057
First price on record
27 Sep 2018 · 1,632 daily prices

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

Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is a Debt Scheme - Money Market Fund offered by Sundaram Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹12.7426 (as of 27 Jun 2025). Historically, it has delivered 4.67% over the last year, 4.12% CAGR over 3 years, 2.85% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.6% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+

The latest NAV of Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹12.7426 as of 27 Jun 2025, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+

Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has delivered 1-year return 4.67%, 3-year CAGR 4.12%, 5-year CAGR 2.85%, since-inception CAGR 3.65%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) belong to?+

Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+

Based on its 3-year annualised volatility of 1.6%, Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) a direct plan?+

Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+

Sundaram Money Market Fund Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has NAV history available from 27 Sep 2018 — approximately 8 years of track record and 1,632 daily NAV observations.

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.