Sundaram Money Market Fund
- NAV as on 9 Nov 2026
- ₹16.32+0.07%1 day
- Return since launch
- 6.2%
- 52-week range
- ₹15.35 — ₹16.30
- AUM
- ₹1,300 Cr
Sundaram Money Market Fund is a Money Market debt fund from Sundaram Mutual Fund with ₹1,300 Cr under management, launched in 2018. Over three years it has returned 6.8% a year, against 7.0% for its category. The expense ratio is 0.38% and the SEBI riskometer reading is Moderate.
Performance
Sundaram Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.3% against +6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.4% | +0.3 pts | 6.2% | 6.3% |
| 2Y | 6.5% | +0.1 pts | 6.4% | 6.5% |
| 3Y | 6.8% | −0.2 pts | 7.0% | 6.8% |
| 5Y | 6.9% | +0.5 pts | 6.4% | 6.8% |
| 7Y | 6.4% | 0.0 pts | 6.4% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | +0.1 pts | 1.4% | 1.4% |
| 6M | 3.4% | +0.1 pts | 3.3% | 3.3% |
| 1Y | 6.3% | +0.1 pts | 6.2% | 6.2% |
| 2Y | 6.9% | +0.1 pts | 6.7% | 6.8% |
| 3Y | 7.1% | +0.1 pts | 7.0% | 7.0% |
| 5Y | 6.5% | +0.1 pts | 6.4% | 6.4% |
| 7Y | 5.9% | −0.1 pts | 6.0% | 5.9% |
Since launch (12 Sep 2018): 6.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | −0.1 pts | 7.5% |
| 2024 | 7.4% | −0.2 pts | 7.6% |
| 2023 | 7.0% | −0.3 pts | 7.3% |
| 2022 | 4.6% | −0.1 pts | 4.7% |
| 2021 | 3.4% | −0.4 pts | 3.8% |
| 2020 | 5.2% | −0.9 pts | 6.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.38%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.32%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Money Market Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 2.25 | 2.20 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.32 | 3.26 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.57 | 0.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Sundaram Money Market Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt85.0%
- Other15.0%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 11.62% | ₹155 Cr | -13.63% | +0.76% | +0.62% |
| LIC Housing Finance Ltd. | Financial | 5.83% | ₹78.04 Cr | — | — | +1.39% |
| The Federal Bank Ltd. | Financial | 5.48% | ₹73.35 Cr | +5.81% | +3.64% | — |
| Canara Bank | Financial | 4.36% | ₹58.40 Cr | — | +2.41% | +0.83% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.35% | ₹58.21 Cr | +6.20% | +3.88% | +4.96% |
| Embassy Office Parks REIT | Construction | 3.98% | ₹53.29 Cr | +4.22% | +2.64% | +2.76% |
| IDFC First Bank Ltd. | Financial | 3.65% | ₹48.83 Cr | +3.87% | +2.42% | +0.84% |
| Kotak Mahindra Bank Ltd. | Financial | 3.63% | ₹48.60 Cr | +3.86% | +2.41% | +1.39% |
| HDFC Bank Ltd. | Financial | 3.63% | ₹48.54 Cr | +3.85% | +5.31% | +1.93% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Financial | 3.63% | ₹48.53 Cr | +3.84% | — | — |
| Axis Bank Ltd. | Financial | 3.62% | ₹48.47 Cr | +1.93% | +1.23% | +1.36% |
| National Bank For Agriculture & Rural Development | Financial | 3.62% | ₹48.44 Cr | +3.07% | +3.37% | +2.22% |
| Julius Baer Capital India Pvt Ltd. | Financial | 2.90% | ₹38.78 Cr | +3.07% | +1.92% | — |
| Infina Finance Pvt. Ltd. | Financial | 2.89% | ₹38.74 Cr | +3.07% | +1.92% | +2.75% |
| IIFL Finance Ltd. | Financial | 2.23% | ₹29.78 Cr | — | +2.03% | — |
| Punjab National Bank | Financial | 1.83% | ₹24.43 Cr | +3.85% | +1.70% | +4.14% |
| Union Bank of India | Financial | 1.82% | ₹24.40 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 1.82% | ₹24.40 Cr | +1.93% | +1.20% | — |
| Motilal Oswal Financial Services Ltd. | Financial | 1.82% | ₹24.35 Cr | +1.93% | +1.21% | +1.38% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.82% | ₹24.33 Cr | +1.93% | +1.20% | +0.27% |
| ICICI Bank Ltd. | Financial | 1.81% | ₹24.21 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 1.81% | ₹24.17 Cr | +3.06% | +2.88% | — |
| Bank Of Baroda | Financial | 1.45% | ₹19.42 Cr | +4.26% | +1.96% | +2.78% |
| Reserve Bank of India | Financial | 0.74% | ₹9.95 Cr | +3.20% | +2.45% | +1.39% |
| Indusind Bank Ltd. | Financial | 0.74% | ₹9.87 Cr | +5.08% | +3.17% | +1.40% |
| Indian Bank | Financial | 0.36% | ₹4.78 Cr | — | — | +2.76% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5927 | 5.63% | 0.00% | -5.63% |
| Canara Bank | 0.57% | 4.36% | +3.79% |
| Indusind Bank Ltd. | 3.71% | 0.74% | -2.97% |
| Indian Bank | 3.04% | 0.36% | -2.68% |
| Reserve Bank of India | 2.89% | 0.74% | -2.14% |
| LIC Housing Finance Ltd. | 4.51% | 5.83% | +1.32% |
| The Federal Bank Ltd. | 4.24% | 5.48% | +1.24% |
| Punjab National Bank | 2.81% | 1.83% | -0.98% |
| Embassy Office Parks REIT | 3.08% | 3.98% | +0.90% |
| IDFC First Bank Ltd. | 2.82% | 3.65% | +0.82% |
| Kisetsu Saison Finance (India) Pvt Ltd. | 2.81% | 3.63% | +0.82% |
| Kotak Mahindra Bank Ltd. | 2.81% | 3.63% | +0.82% |
| HDFC Bank Ltd. | 2.81% | 3.63% | +0.82% |
| National Bank For Agriculture & Rural Development | 2.80% | 3.62% | +0.82% |
| Axis Bank Ltd. | 2.81% | 3.62% | +0.82% |
| Julius Baer Capital India Pvt Ltd. | 2.24% | 2.90% | +0.66% |
| Infina Finance Pvt. Ltd. | 2.24% | 2.89% | +0.66% |
| IIFL Finance Ltd. | 1.72% | 2.23% | +0.50% |
| Union Bank of India | 1.38% | 1.82% | +0.45% |
| Muthoot Finance Ltd. | 2.24% | 1.81% | -0.43% |
| 360 One Wam Ltd. | 1.41% | 1.82% | +0.41% |
| Motilal Oswal Financial Services Ltd. | 1.41% | 1.82% | +0.41% |
| Cholamandalam Investment and Finance Company Ltd. | 1.41% | 1.82% | +0.41% |
| ICICI Bank Ltd. | 1.40% | 1.81% | +0.41% |
| Small Industries Devp. Bank of India Ltd. | 0.55% | 0.71% | +0.16% |
| Others | 0.29% | 0.38% | +0.08% |
| Bank Of Baroda | 1.41% | 1.45% | +0.04% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹13,857 Cr | 0.34% | 6.5% | 6.8% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹25,875 Cr | 0.37% | 6.5% | 6.9% | 7.0% |
 Axis Money Market Fund | ₹19,507 Cr | 0.36% | 6.5% | 6.9% | 7.0% |
 UTI Money Market Fund | ₹16,039 Cr | 0.29% | 6.5% | 6.9% | 7.0% |
 LIC MF Money Market Fund | ₹3,979 Cr | 0.38% | 6.4% | 6.4% | — |
 Franklin India Money Market Fund | ₹3,887 Cr | 0.30% | 6.5% | 6.9% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year.
Fund managers
- Kumaresh RamakrishnanMr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, DWS AMC, Societe Generale and CARE.
- Sandeep AgarwalMr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.35% absolute | ₹60,000 | ₹62,010 | 3.35% | |
| 1 year6.25% annualised | ₹1,20,000 | ₹1,24,141 | 3.45% | |
| 3 years7.08% annualised | ₹3,60,000 | ₹4,02,140 | 11.71% | |
| 5 years6.47% annualised | ₹6,00,000 | ₹7,10,001 | 18.33% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.