Sundaram
Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW)
Latest NAV
₹10.4933
As of
8 Sep 2023
620 NAV records on file
Category
Money Market Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
145055
ISIN (Growth)
—
ISIN (Dividend)
INF903JA1FV8
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
No matches.
Compares up to 8 funds. Click any line in the legend above to hide/show it.
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 | +0.02% | +0.01% | +0.01 | 45 / 78 | Q3 |
| 1W | — | — | — | — | — |
| 2W | — | — | — | — | — |
| 1M | — | — | — | — | — |
| 3M | — | — | — | — | — |
| 6M | — | — | — | — | — |
| YTD | — | — | — | — | — |
| 1Y | +0.02% | +1.73% | -1.71 | 38 / 74 | Q3 |
| 2Y | +0.03% | +2.20% | -2.17 | 48 / 72 | Q3 |
| 3Y | +0.14% | +2.30% | -2.16 | 37 / 67 | Q3 |
| 4Y | — | — | — | — | — |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +0.23% | +1.84% | -1.61 | 42 / 78 | Q3 |
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 |
|---|---|---|---|---|
| 2023 YTD | — | — | — | — |
| 2022 | — | — | — | — |
| 2021 | +0.12% | +0.83% | -0.71 | 23 / 52 |
| 2020 | — | — | — | — |
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
+0.15%
20 windows
min 0.0% · max 0.5%
90% positive
Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.
3-Year rolling
+0.14%
1 window
min 0.1% · max 0.1%
100% positive
Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.
5-Year rolling
—
Insufficient history
7-Year rolling
—
Insufficient history
Peers in Money Market Fund
Recent NAVs
| Date | NAV |
|---|---|
| 8 Sep 2023 | ₹10.4933 |
| 7 Sep 2023 | ₹10.4913 |
| 6 Sep 2023 | ₹10.4894 |
| 12 Dec 2022 | ₹10.4882 |
| 9 Dec 2022 | ₹10.4928 |
| 8 Dec 2022 | ₹10.4908 |
| 7 Dec 2022 | ₹10.4890 |
| 6 Dec 2022 | ₹10.4891 |
| 5 Dec 2022 | ₹10.4875 |
| 2 Dec 2022 | ₹10.4964 |
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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 08 Sep 2023, the NAV of Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) is ₹10.4933. 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 - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has NAV history starting from 02 Jun 2020, a track record of about 6 years. 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 - Weekly Reinvestment of 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 - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has delivered a absolute return of 0.02% — -1.71 pp behind the Money Market Fund category average of 1.73%. The fund ranks #38 of 74 in its category — the third (Q3) quartile.
Over the trailing 3-year window, Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) has delivered a CAGR of 0.14% — -2.16 pp behind the Money Market Fund category average of 2.30%. The fund ranks #37 of 67 in its category — the third (Q3) quartile.
Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.
₹1 lakh invested in Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) exactly 3 years ago would be worth approximately ₹100,427 today — a multiplier of 1.00×, based on the 3-year CAGR of 0.14%. The category average over the same window would have grown ₹1 lakh to ₹107,073.
We don't have enough NAV history yet to simulate a SIP on Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW). The fund typically needs 12+ months for a 1-year SIP backtest.
Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) doesn't have enough SIP-backtest history yet. Check the 1-year SIP simulation above as soon as it has 12+ months of NAVs.
On a 3-year basis, Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) ranks #37 out of 67 funds in the Money Market Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.30%; this fund delivered 0.14%.
Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) doesn't have a computed drawdown figure yet.
Across all 3-year rolling windows, Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) averaged 0.14% (best 0.14%, worst 0.14%). 100% of rolling windows ended positive.
We don't yet have a completed calendar-year return for Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal (IDCW).
Sundaram Money Market Fund Direct Plan - Weekly Reinvestment of 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 - Weekly Reinvestment of 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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