Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund
NAV
₹3,179.55
as of 21 Oct 2026
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund is an open-ended Ultra Short Duration Fund scheme from Sundaram Mutual Fund managing ₹2,108 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹3,179.55 as of 21 Oct 2026. The expense ratio is 0.19% a year. Managed by Sandeep Agarwal. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.19% / yr
- as of 31 Jul 2026
- Fund size
- ₹2,108 crore
- as of 30 Sept 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 28 Dec 2007
- ISIN
- INF173K01HI3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 19 Oct 2026
Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund
₹137
+37% on ₹100 over 4.8 yrs
Ultra Short Duration Fund average
₹136
+36% on ₹100 over 4.8 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.58% | – | – |
| 6 months | 3.23% | – | – |
| 1 year | 6.46% | – | – |
| 3 years (CAGR) | 7.24% | – | – |
| 5 years (CAGR) | 6.80% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 5.0%
- Median
- 7.4%
- Best
- 8.0%
46 windows over the last 57 months, stepped monthly; 100% ended positive. Worst window began 3 Jan 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 6.7%
- Median
- 7.3%
- Best
- 7.5%
22 windows over the last 57 months, stepped monthly; 100% ended positive. Worst window began 3 Jan 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 2.12
- Sharpe ratio (5Y)
- 1.63
- Sortino ratio (3Y)
- 6.28 vs category 2.60
- Standard deviation (3Y)
- 0.42%
Where the money actually is
Bonds
21.2%
Cash
78.5%
Other
0.3%
Whole-portfolio split, as of 30 Sept 2026.
What it owns
62 positions · top 10 = 34.7%
Top holdings
- Punjab National Bankmatures 2 May 20275.33%
- Axis Bank Limited4.69%
- Pilani Investments And Industries Corporation Limitedmatures 11 Mar 20274.59%
- The Federal Bank Limitedmatures 12 Oct 20263.51%
- Small Industries Dev Bank Of Indiamatures 18 Feb 20273.47%
- Kotak Mahindra Bank Limitedmatures 18 Dec 20263.28%
- Punjab National Bankmatures 2 Apr 20272.78%
- India (Republic of)matures 5 Nov 20262.36%
- Small Industries Development Bank Of Indiamatures 3 Dec 20262.35%
- Canara Bankmatures 18 Dec 20262.34%
Holdings as of 30 Sept 2026. Portfolio turnover 177.3% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 6.70% vs category 6.85%
- Modified duration
- 0.40 yrs vs category 0.70 yrs
- Average maturity
- 0.40 yrs vs category 0.71 yrs
- Average coupon
- 8.09%
- Government securities
- 14.7%
Credit quality
- AAA
- 96.5%
- AA
- 3.5%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Aug 2026.
Portfolio characteristics as of 30 Sept 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹111 cr
- Net flow, 3 months
- +₹107 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- ₹3,179.55 per unit as of 21 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- 0.19% a year for the Direct plan, as of 31 Jul 2026.
- How large is Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- ₹2,108 crore under management as of 30 Sept 2026, in the Ultra Short Duration Fund category.
- How risky is Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- Its SEBI Riskometer reading is "Low to Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
- What are the 5-year returns of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- 6.80% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- 6.7% a year – the weakest of 22 overlapping 3-year holding periods, beginning 3 Jan 2022. The median was 7.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Sundaram Ultra Short Term Fund (Formerly Known as Sundaram Ultra Short Duration Fund?
- Sandeep Agarwal, managing this fund for 4.8 years.
Where this fund sits
Its shelf, all funds
Sd · Short duration →
Three months to three years of lending. Where sensible near-term money quietly sits.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Ultra Short Duration Fund funds
- Aditya Birla Sun Life Ultra Short Term Fund₹16,279 crore
- HDFC Ultra Short Term Fund₹15,675 crore
- Kotak Ultra Short Term Fund₹15,261 crore
- ICICI Prudential Ultra Short term Fund₹15,236 crore
- BANDHAN ULTRA SHORT TERM FUND₹4,098 crore
- UTI Ultra Short Term Fund₹3,017 crore
- Mirae Asset Ultra Short-Term Fund₹1,808 crore
- Invesco India Ultra Short Term Fund₹1,525 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.