Sundaram

Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW)

Latest NAV

₹11.3420

As of

17 Jul 2026

1,824 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.05%	+0.03%	+0.02	11 / 78	Q1
1W	+0.08%	+0.05%	+0.03	34 / 77	Q2
2W	+0.09%	+0.02%	+0.06	16 / 77	Q1
1M	+0.69%	+0.13%	+0.56	3 / 76	Q1
3M	+1.58%	+0.49%	+1.10	4 / 74	Q1
6M	+3.32%	+1.00%	+2.32	6 / 74	Q1
YTD	+3.43%	+1.05%	+2.38	4 / 74	Q1
1Y	+0.02%	+1.84%	-1.82	36 / 74	Q2
2Y	+0.51%	+2.30%	-1.78	28 / 72	Q2
3Y	+0.56%	+2.36%	-1.80	29 / 67	Q2
4Y	+0.41%	+2.44%	-2.02	32 / 61	Q3
5Y	+0.33%	+2.24%	-1.90	28 / 56	Q2
7Y	+1.18%	+1.91%	-0.73	19 / 49	Q2
10Y	—	—	—	—	—
Inception	+1.38%	+1.89%	-0.51	29 / 78	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.43%	+1.08%	+2.34	4 / 63
2025	-1.97%	+2.54%	-4.51	61 / 62
2024	-0.09%	+2.53%	-2.62	59 / 62
2023	+0.05%	+2.35%	-2.29	33 / 61
2022	+0.14%	+1.43%	-1.30	29 / 55
2021	+0.68%	+0.83%	-0.15	14 / 52
2020	+4.26%	+1.67%	+2.59	13 / 56
2019	+3.98%	+2.50%	+1.48	15 / 52

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+1.02%

80 windows

min -2.9% · max 5.1%

76% positive

3-Year rolling

+0.74%

56 windows

min -1.0% · max 2.9%

89% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.76%

32 windows

min -0.3% · max 1.8%

81% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+1.03%

7 windows

min 0.9% · max 1.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.44%

3-year · annualised

Sharpe ratio

-1.76

vs risk-free 6.5%

Sortino ratio

-1.92

Downside-only deviation

Max drawdown

-5.79%

Oct 2025 → Oct 2025

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Money Market Fund - Daily IDCW Option - Direct Plan	HDFC	₹1,063.6400	17 Jul 2026
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,006.2980	17 Jul 2026
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹18.8241	17 Jul 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1435	17 Jul 2026
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,012.2021	17 Jul 2026
Bandhan Money Market Fund -Direct Plan-Daily IDCW	Bandhan	₹10.0994	17 Jul 2026
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW	Aditya Birla Sun Life	₹100.0200	17 Jul 2026
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW	Franklin India	₹10.0537	17 Jul 2026
Mirae Asset Money Market Fund Direct IDCW	Mirae Asset	₹1,362.9574	17 Jul 2026
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Kotak	₹1,289.1926	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹11.3420
16 Jul 2026	₹11.3358
15 Jul 2026	₹11.3314
14 Jul 2026	₹11.3292
13 Jul 2026	₹11.3360
10 Jul 2026	₹11.3329
9 Jul 2026	₹11.3315
8 Jul 2026	₹11.3238
7 Jul 2026	₹11.3298
6 Jul 2026	₹11.3367

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) is ₹11.3420. It's a Money Market Fund from Sundaram, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) has NAV history starting from 01 Jan 2019, a track record of about 7 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) is managed by Sundaram. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) has delivered a absolute return of 0.02% — -1.82 pp behind the Money Market Fund category average of 1.84%. The fund ranks #36 of 74 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) has delivered a CAGR of 0.56% — -1.8 pp behind the Money Market Fund category average of 2.36%. The fund ranks #29 of 67 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) has delivered a CAGR of 0.33% — -1.9 pp behind the Money Market Fund category average of 2.24%. The fund ranks #28 of 56 in its category — the second (Q2) quartile.

₹1 lakh invested in Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) exactly 5 years ago would be worth approximately ₹101,680 today — a multiplier of 1.02×, based on the 5-year CAGR of 0.33%. The category average over the same window would have grown ₹1 lakh to ₹111,696.

A ₹10,000 monthly SIP in Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) over the last 5 years — total invested ₹600,000 — would be worth ₹608,187 today. That's an XIRR (money-weighted annualised return) of 0.53%.

Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹858,889 — XIRR 0.63%.

On a 5-year basis, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) ranks #28 out of 56 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.24%; this fund delivered 0.33%.

The worst peak-to-trough decline Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) has experienced over the last 5-year window is 5.79% — its NAV fell from a high on 03 Oct 2025 to a low on 06 Oct 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) averaged 0.76% (best 1.81%, worst -0.33%). 81% of rolling windows ended positive. The 5-year Sharpe ratio is -2.30 — negative risk-adjusted performance.

In calendar year 2025, Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) returned -1.97% — lagging the Money Market Fund category average of 2.54% by 4.51 pp. It ranked #61 of 62 in its category that year.

Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Sundaram Money Market Fund Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 5.8%. 5-year CAGR: 0.33%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.