Sundaram Overnight Fund Direct Plan - Weekly 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 1 Jun 2020.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
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Vs 123 other funds in Debt Scheme - Overnight Fund
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. 5 of last 5 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.
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 Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) against other debt funds.
Technical details (for the pros)
Fund info
- Fund house
- Sundaram Mutual Fund
- Category
- Debt Scheme - Overnight Fund
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- —
- ISIN (Div re-invest)
- —
- Fund code
- 146955
- First price on record
- 1 Jun 2020 · 1,366 daily prices
About Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)
Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is a Debt Scheme - Overnight Fund offered by Sundaram Mutual Fund under the Direct plan with the IDCW option. It has approximately 6 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 Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹1049.5696 (as of 13 Sep 2024). Historically, it has delivered 0.03% over the last year, 0.03% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 0.6% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.1%. 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 Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+
The latest NAV of Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹1049.5696 as of 13 Sep 2024, up 0.02% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+
Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has delivered 1-year return 0.03%, 3-year CAGR 0.03%, since-inception CAGR 0.14%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) belong to?+
Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is categorised as Debt Scheme - Overnight Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.
How risky is Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+
Based on its 3-year annualised volatility of 0.6%, Sundaram Overnight Fund Direct Plan - Weekly 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 Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) a direct plan?+
Sundaram Overnight Fund Direct Plan - Weekly 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 Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)?+
Sundaram Overnight Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has NAV history available from 1 Jun 2020 — approximately 6 years of track record and 1,366 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.