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Sundaram Mutual Fund

Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)

Sundaram Mutual Fund · Direct plan · Growth

  • Debt
  • Ultra Short Duration Fund
  • Low to Moderate Risk
  • Rank 10 of 23 over 3 years
3-year returns
7.2%
a year
NAV
₹3,195.22
▲ 0% · 13 Nov 2026
Fund size
₹2,108 Cr
Expense ratio
0.19%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹2,881.65 and has returned 5.93% a year over 3 years.

Returns, and where it stands

Against the average ultra short duration fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.5%6.4%ahead11 of 25
3 years7.2%7.2%ahead10 of 23
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.5%0.4%
3 months1.5%1.2%
6 months3.5%2.9%
1 year6.5%5.3%
2 yearsp.a.7%5.7%
3 yearsp.a.7.2%5.9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jan 2022.

Plan

NAV history

▲ 6.5% in the last 1Y

3,0033,0983,19313 Nov 202518 May 202613 Nov 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
₹
years
Total invested
₹1,80,000
Gain
₹19,966
XIRR (per year)
6.97%
Value today
₹1,99,966

36 monthly instalments from 17 Nov 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
0.4% a year
about the same as the ultra short duration fund average
Worst fall so far
−0.2%
May 2022 to May 2022.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
6.7% to 7.5%
A year, at worst and at best. Typically 7.3%.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
1 Jan 2013
Expense ratio
0.19%
as of 31 Jul 2026

Managed by Kumaresh Ramakrishnan, Sandeep Agarwal, Ronak Shah

Direct plan figures, last checked on 7 Nov 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) against other funds in the Ultra Short Duration Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Ultra Short Term Fund6.88%7.53%7.05%0.34%₹11,551 Cr
Tata Ultra Short Term Fund6.94%7.47%6.86%0.33%₹5,404 Cr
Aditya Birla Sun Life Ultra Short Term Fund6.46%7.43%6.84%0.32%₹16,279 Cr
Axis Ultra Short Term Fund6.67%7.4%6.86%0.36%₹4,996 Cr
Mirae Asset Ultra Short-Term Fund6.61%7.37%6.77%0.23%₹1,808 Cr
ICICI Prudential Ultra Short Term Fund6.49%7.34%6.82%0.4%₹15,236 Cr
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)6.5%7.23%–0.19%₹2,108 Cr

About Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)

Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) is a ultra short duration fund managed by Sundaram Mutual Fund. Debt funds with a portfolio duration of 3 to 6 months. Suited to money needed in a few months.

To generate regular income & capital appreciation through investments in debt securities and money market instruments.

The scheme's stated objective, as published by Sundaram Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGROWTH₹3,195.2181149539
DirectIDCW (Income Distribution CUM Capital Withdrawal)₹1,091.5177149540
RegularGROWTH₹2,881.6503149535
RegularIDCW (Income Distribution CUM Capital Withdrawal)₹1,068.1725149537

Frequently asked questions

What is the NAV of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) today?

The NAV of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) (Direct plan, Growth) is ₹3,195.2181 and the Regular plan NAV is ₹2,881.6503, as of 13 Nov 2026.

What returns has Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) given?

Over the last year the Direct plan returned 6.5%, and 7.23% a year over 3 years. That places it 10 of 23 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)?

The Direct plan charges 0.19% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund)?

You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹1,000 or more.

How much has Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) fallen in the past?

Its deepest fall was 0.2% from 2 May 2022 to 6 May 2022. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) belong to?

It is a Ultra Short Duration Fund from Sundaram Mutual Fund. Debt funds with a portfolio duration of 3 to 6 months. Suited to money needed in a few months.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund) taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.