Sundaram Ultra Short to Short Term Fund
- NAV as on 9 Nov 2026
- ₹3,713.87+0.06%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹3,536.14 — ₹3,711.56
- AUM
- ₹382 Cr
Sundaram Ultra Short to Short Term Fund is a Low Duration debt fund from Sundaram Mutual Fund with ₹382 Cr under management, launched in 2004. Over three years it has returned 6.0% a year, against 6.7% for its category. The expense ratio is 1.14% and the SEBI riskometer reading is Low to Moderate.
Performance
Sundaram Ultra Short to Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.0% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.1% | −0.3 pts | 5.4% | 5.6% |
| 2Y | 5.5% | −0.4 pts | 5.9% | 6.0% |
| 3Y | 6.0% | −0.8 pts | 6.7% | 6.3% |
| 5Y | 6.2% | +0.1 pts | 6.1% | 6.5% |
| 7Y | 6.5% | +0.3 pts | 6.2% | 6.1% |
| 10Y | 6.0% | −0.3 pts | 6.2% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.0% | −0.1 pts | 1.1% | 1.1% |
| 6M | 2.7% | −0.2 pts | 2.9% | 3.0% |
| 1Y | 5.0% | −0.5 pts | 5.4% | 5.5% |
| 2Y | 6.0% | −0.4 pts | 6.4% | 6.4% |
| 3Y | 6.4% | −0.3 pts | 6.7% | 6.7% |
| 5Y | 5.9% | −0.2 pts | 6.1% | 6.1% |
| 7Y | 6.6% | +0.5 pts | 6.2% | 5.9% |
| 10Y | 5.6% | −0.6 pts | 6.2% | 6.2% |
Since launch (19 Aug 2004): 7.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | −0.9 pts | 7.8% |
| 2024 | 7.2% | −0.6 pts | 7.8% |
| 2023 | 6.5% | −0.9 pts | 7.4% |
| 2022 | 4.2% | −0.4 pts | 4.6% |
| 2021 | 10.9% | +6.2 pts | 4.6% |
| 2020 | 6.1% | −2.6 pts | 8.7% |
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
1.15%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.99%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.16%
- Exit load
- Exit load of 3% if redeemed within 180 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Low Duration Debt 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 low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 1.09 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.96 | 1.76 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.27 | 2.43 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.68 | 0.69 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Sundaram Ultra Short to Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt88.3%
- Other11.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Export-Import Bank Of India | Financial | 7.69% | ₹29.30 Cr | +12.42% | +10.76% | +4.99% |
| Bank Of Baroda | Financial | 6.41% | ₹24.43 Cr | +6.24% | +7.64% | +6.28% |
| Canara Bank | Financial | 6.37% | ₹24.26 Cr | +1.28% | +1.11% | +3.81% |
| Others | Others | 5.74% | ₹21.88 Cr | +1.07% | +0.93% | +0.91% |
| Reserve Bank of India | Financial | 5.20% | ₹19.82 Cr | +5.15% | +5.69% | +6.28% |
| Embassy Office Parks REIT | Construction | 5.09% | ₹19.38 Cr | +4.94% | +4.29% | — |
| Indian Bank | Financial | 5.02% | ₹19.11 Cr | +2.49% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 3.93% | ₹14.99 Cr | +2.61% | +2.30% | +2.60% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.92% | ₹14.95 Cr | +5.21% | +4.60% | +5.22% |
| LIC Housing Finance Ltd. | Financial | 3.90% | ₹14.88 Cr | — | +1.14% | — |
| REC Ltd. | Financial | 3.88% | ₹14.78 Cr | +1.30% | +1.15% | +1.30% |
| Bharti Telecom Ltd. | Communication | 2.63% | ₹10.04 Cr | +2.62% | +4.63% | +3.09% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.63% | ₹10.01 Cr | — | — | +1.29% |
| PNB Housing Finance Ltd. | Financial | 2.63% | ₹10.01 Cr | +2.61% | +2.30% | +2.60% |
| Muthoot Finance Ltd. | Financial | 2.61% | ₹9.93 Cr | +2.47% | +3.21% | +0.91% |
| IIFL Finance Ltd. | Financial | 2.61% | ₹9.93 Cr | — | +2.26% | — |
| JM Financial Services Pvt. Ltd. | Financial | 2.59% | ₹9.85 Cr | — | — | — |
| Punjab National Bank | Financial | 2.57% | ₹9.79 Cr | — | +4.32% | +6.24% |
| Union Bank of India | Financial | 2.55% | ₹9.70 Cr | +2.48% | — | — |
| Can Fin Homes Ltd. | Financial | 2.36% | ₹9.01 Cr | +2.34% | +2.07% | +3.89% |
| National Bank For Financing Infrastructure And Development | Financial | 1.30% | ₹4.94 Cr | +1.30% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.30% | ₹4.93 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 1.28% | ₹4.88 Cr | +1.24% | +1.07% | — |
| JM Financial Products Ltd. | Financial | 0.88% | ₹3.34 Cr | +1.73% | +2.30% | +2.58% |
| 360 ONE Wealth Ltd. | Financial | 0.79% | ₹3.00 Cr | +0.78% | +0.69% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:11779 | 5.60% | 0.00% | -5.60% |
| Kotak Mahindra Bank Ltd. | 6.50% | 1.30% | -5.21% |
| Reserve Bank of India | 1.56% | 5.20% | +3.64% |
| company:407 | 3.30% | 0.00% | -3.30% |
| REC Ltd. | 1.12% | 3.88% | +2.76% |
| Cholamandalam Investment and Finance Company Ltd. | 0.00% | 2.63% | +2.63% |
| JM Financial Services Pvt. Ltd. | 0.00% | 2.59% | +2.59% |
| company:1693 | 2.20% | 0.00% | -2.20% |
| National Bank For Agriculture & Rural Development | 1.12% | 2.63% | +1.51% |
| Bank Of Baroda | 5.44% | 6.41% | +0.97% |
| Export-Import Bank Of India | 5.42% | 6.38% | +0.96% |
| Canara Bank | 5.41% | 6.37% | +0.96% |
| Embassy Office Parks REIT | 4.32% | 5.09% | +0.77% |
| Indian Bank | 4.26% | 5.02% | +0.76% |
| LIC Housing Finance Ltd. | 3.33% | 3.90% | +0.57% |
| Muthoot Finance Ltd. | 2.15% | 2.61% | +0.45% |
| IIFL Finance Ltd. | 2.21% | 2.61% | +0.40% |
| Punjab National Bank | 2.18% | 2.57% | +0.39% |
| Union Bank of India | 2.16% | 2.55% | +0.38% |
| Bharti Telecom Ltd. | 2.25% | 2.63% | +0.38% |
| PNB Housing Finance Ltd. | 2.25% | 2.63% | +0.38% |
| Can Fin Homes Ltd. | 2.02% | 2.36% | +0.34% |
| 360 One Wam Ltd. | 1.09% | 1.28% | +0.19% |
| Small Industries Devp. Bank of India Ltd. | 1.11% | 1.30% | +0.19% |
| National Bank For Financing Infrastructure And Development | 1.11% | 1.30% | +0.18% |
| JM Financial Products Ltd. | 0.75% | 0.88% | +0.13% |
| 360 ONE Wealth Ltd. | 0.67% | 0.79% | +0.12% |
| Others | 0.31% | 0.37% | +0.05% |
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 | ₹4,924 Cr | 0.49% | 5.9% | 6.6% | 6.8% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹17,294 Cr | 0.53% | 5.8% | 6.8% | 7.0% |
 Tata Ultra Short to Short Term Fund | ₹2,665 Cr | 0.57% | 5.9% | 6.5% | 6.6% |
 UTI Ultra Short to Short Term Fund | ₹2,604 Cr | 0.65% | 5.8% | 6.7% | 6.8% |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,942 Cr | 0.36% | 5.9% | — | — |
 Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹114 Cr | 0.32% | 5.9% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme will maintain a judicious mix of cash, short term and medium term instruments.
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 months2.72% absolute | ₹60,000 | ₹61,632 | 2.72% | |
| 1 year4.97% annualised | ₹1,20,000 | ₹1,23,280 | 2.73% | |
| 3 years6.43% annualised | ₹3,60,000 | ₹3,98,023 | 10.56% | |
| 5 years5.88% annualised | ₹6,00,000 | ₹6,98,961 | 16.49% |
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.