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Sundaram Ultra Short Duration Fund (Formerly Known as Prinicpal Ultra Short Term Fund) Regular Plan Fortnightly IDCW

Sundaram · Ultra Short Duration
Low
₹1062.53
Current NAV
28 Jun 2024
23.4%
1Y Return
16.4%
3Y CAGR
13.4%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.24).
  • Generates significant excess returns relative to benchmark index (Alpha: 3.74).
  • Very large asset base (AUM: ₹21,290 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (2.34%) which can affect compounding over long horizons.
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
1.24
Sharpe Ratio
1.14
Beta
3.74
Alpha
1.54
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Fund Details
Fund House Sundaram
Category Ultra Short Duration
AUM ₹21290 Cr
Expense Ratio 2.34%
Min SIP ₹500
Min Lumpsum ₹1000
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