MF Gyan
debtLow risk5 years old

Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly

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 3 Jan 2022.

Latest price per unit
₹1,020.1955
▲ 0.01% today
As of 26 May 2022 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 80 other funds in Debt Scheme - Ultra Short Duration Fund

Same plan
Bumpiness (3Y)
0.45%median 1.14% (-0.69%)
Rank #16 of 81Less risky than 81% of peers
Worst-ever drop
-0.25%median -1.39% (+1.14%)
Rank #75 of 81Less risky than 8% 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.

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
0.4%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.25%

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 Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly against other debt funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch0.18%
Volatility — 1 year (annualised)0.45%
Volatility — 3 years (annualised)0.45%
Max drawdown — 1 year-0.25%
Max drawdown — 3 years-0.25%
Sharpe ratio — 1 year (rf=6%)-13.00
Sharpe ratio — 3 years (rf=6%)-13.00

Fund info

Fund house
Sundaram Mutual Fund
Category
Debt Scheme - Ultra Short Duration Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
149719
First price on record
3 Jan 2022 · 95 daily prices

About Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly

Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly is a Debt Scheme - Ultra Short Duration Fund offered by Sundaram Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 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 Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly is ₹1020.1955 (as of 26 May 2022). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.4% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.2%. 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 Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly?+

The latest NAV of Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly is ₹1020.1955 as of 26 May 2022, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What category does Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly belong to?+

Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly is categorised as Debt Scheme - Ultra Short Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly?+

Based on its 3-year annualised volatility of 0.4%, Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly a direct plan?+

Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly 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 Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly?+

Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)- Direct Plan IDCW Weekly has NAV history available from 3 Jan 2022 — approximately 5 years of track record and 95 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.