# Sundaram Ultra Short Term Fund

Sundaram Asset Management Company Ltd · Ultra Short Term · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/sundaram-ultra-short-term-fund-149535
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Lending for three to six months. Its latest portfolio: 13% shares and 86% bonds and money market.
- **₹10,000 a month:** For the last 3 years: ₹3.6 lakh put in, worth ₹3.92 lakh on 3 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 5.9% a year; similar funds earned 6.6% a year on average.
- **How bumpy:** Low to moderate: small ups and downs. It made money in 100 of every 100 one-year stretches.
- **Expense ratio:** 1.45% a year. Similar funds: 0.82% on average.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹2,874.72 on 3 Nov 2026
- **Fund size:** ₹2,046 cr (2 Nov 2026)
- **Expense ratio:** 1.45% a year (typical in its category 0.82%)
- **Riskometer:** Low to Moderate
- **Benchmark:** NIFTY Ultra Short Duration Debt Index A-I
- **Category:** [Ultra Short Term](https://discovermf.com/categories/ultra-short-term.md)
- **Fund house:** [Sundaram Asset Management Company Ltd](https://discovermf.com/fund-houses/sundaram)
- **Launched:** 20 Dec 2007 (prices here start 3 Jan 2022)
- **AMFI scheme code:** 149535

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | +0.3% | — | — | — |
| 3 months | +1.2% | — | — | — |
| 6 months | +2.7% | — | — | — |
| 1 year | +5.2% | +5.7% | +6.5% | 24 of 26 |
| 3 years (a year) | +5.9% | +6.6% | +7.1% | 23 of 24 |
| 5 years (a year) | — | +6.1% | +6.6% | — |
| Since 3 Jan 2022 (a year) | +5.5% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +4.4% | — |
| 2025 | +5.9% | — |
| 2024 | +6.5% | — |
| 2023 | +6.1% | — |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 3 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.92 lakh | +5.6% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 0.4% | 0.4% |
| Worst fall, last year | -0.1% | — |
| Worst fall, last 3 years | -0.1% | — |
| Sharpe ratio, 3 years | -0.05 | — |
| Sortino ratio, 3 years | -0.09 | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Portfolio, September 2026

58 holdings. Equity 13.0%, Debt 86.3%, Cash and equivalents 0.7%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| Punjab National Bank - 05/02/2027 | Money_market | 5.33% |
| Axis Bank Ltd - 07/12/2026 | Money_market | 4.69% |
| Pilani Investment and Industries Corporation Ltd. - 11/03/2027 | Money_market | 4.59% |
| The Federal Bank Ltd - 10/12/2026 | Money_market | 3.51% |
| Small Industries Development Bank of India - 18/02/2027 | Money_market | 3.47% |
| Kotak Mahindra Bank Ltd - 18/12/2026 | Money_market | 3.28% |
| Punjab National Bank - 04/02/2027 | Money_market | 2.78% |
| 91 Days - T Bill - 05/11/2026 | Money_market | 2.36% |
| Small Industries Development Bank of India - 03/12/2026 | Money_market | 2.35% |
| Canara Bank - 18/12/2026 | Money_market | 2.34% |