Rating : ★ ★ ★ ☆ ☆
Sundaram Money Market Direct Daily Reinvestment of Income Distribution cum Capital Withdrawal
Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
0%
Asset Size
101.92 Cr.
(As of 15 Sep, 2023)
Benchmark
CRISIL Money Market TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
Objective
The investment objective of the scheme is to generate income by investing in a porfolio comprising of Money Market instruments having maturity up to one year
Fund manager
Siddharth Chaudhary
Exit load
N / A
Minimum sip
₹0
Minimum investment
₹1000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
182 Dtb 01122022
62.44%
Sector Allocation
About the Scheme Type
Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum
Ratings
This fund is rated 3 stars by Morning Star Ratings.