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

Sundaram · Ultra Short Duration
Low
₹1006.18
Current NAV
28 Jun 2024
—
1Y Return
19.2%
3Y CAGR
20.2%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.82%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.52).
  • Generates significant excess returns relative to benchmark index (Alpha: 4.52).
  • Very large asset base (AUM: ₹21,070 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
1.52
Sharpe Ratio
1.12
Beta
4.52
Alpha
1.85
Sortino
Fund Details
Fund House Sundaram
Category Ultra Short Duration
AUM ₹21070 Cr
Expense Ratio 0.82%
Min SIP ₹500
Min Lumpsum ₹1000
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