Sundaram
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW
Latest NAV
₹12.8985
As of
28 Jun 2024
601 NAV records on file
Category
Short Duration Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
149729
ISIN (Growth)
INF903JA1KO3
ISIN (Dividend)
INF903JA1KS4
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 | +0.05% | +0.03% | +0.03 | 39 / 70 | Q3 |
| 1W | -0.06% | +0.45% | -0.51 | 66 / 75 | Q4 |
| 2W | -0.08% | +3.30% | -3.38 | 66 / 73 | Q4 |
| 1M | +0.09% | +3.91% | -3.82 | 58 / 73 | Q4 |
| 3M | -0.11% | +3.67% | -3.78 | 49 / 73 | Q3 |
| 6M | -0.06% | +4.08% | -4.14 | 47 / 73 | Q3 |
| YTD | +0.10% | +4.25% | -4.15 | 42 / 73 | Q3 |
| 1Y | +0.02% | +5.25% | -5.23 | 47 / 73 | Q3 |
| 2Y | +0.12% | +6.08% | -5.96 | 48 / 69 | Q3 |
| 3Y | — | — | — | — | — |
| 4Y | — | — | — | — | — |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +0.04% | +3.21% | -3.17 | 62 / 69 | Q4 |
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 |
|---|---|---|---|---|
| 2024 YTD | +0.10% | +3.52% | -3.42 | 45 / 64 |
| 2023 | -0.05% | -1.39% | +1.35 | 59 / 65 |
| 2022 | +0.01% | +1.79% | -1.77 | 45 / 60 |
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
+0.10%
19 windows
min -0.1% · max 0.7%
74% positive
Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.
3-Year rolling
—
Insufficient history
5-Year rolling
—
Insufficient history
7-Year rolling
—
Insufficient history
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.
Peers in Short Duration Fund
Recent NAVs
| Date | NAV |
|---|---|
| 28 Jun 2024 | ₹12.8985 |
| 27 Jun 2024 | ₹12.8915 |
| 26 Jun 2024 | ₹12.8896 |
| 25 Jun 2024 | ₹12.8919 |
| 24 Jun 2024 | ₹12.8918 |
| 21 Jun 2024 | ₹12.9059 |
| 20 Jun 2024 | ₹12.9022 |
| 19 Jun 2024 | ₹12.9001 |
| 18 Jun 2024 | ₹12.8944 |
| 14 Jun 2024 | ₹12.9094 |
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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 28 Jun 2024, the NAV of Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW is ₹12.8985. It's a Short Duration Fund from Sundaram, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW has NAV history starting from 03 Jan 2022, a track record of about 4 years 5 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW is managed by Sundaram. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW has delivered a absolute return of 0.02% — -5.23 pp behind the Short Duration Fund category average of 5.25%. The fund ranks #47 of 73 in its category — the third (Q3) quartile.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't yet have a 3-year CAGR on file, so a ₹1 lakh growth projection isn't reliable.
A ₹10,000 monthly SIP in Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW over the last 1 year — total invested ₹120,000 — would be worth ₹120,036 today. That's an XIRR (money-weighted annualised return) of 0.06%.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹120,036 — XIRR 0.06%.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't yet have a peer rank on file — typically because its category set is too small or it lacks the required NAV history. Compare manually using the returns table above.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW doesn't have a computed drawdown figure yet.
Consistency stats for Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.
In calendar year 2023, Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly IDCW returned -0.05% — beating the Short Duration Fund category average of -1.39% by 1.35 pp. It ranked #59 of 65 in its category that year.
Sundaram Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly 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 Short Duration Fund (Formerly Known as Principal Short Term Debt Fund) Direct Weekly 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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