Investment Objective and Approach

The scheme seeks to generate income by investing in a portfolio comprising of Money Market instruments having maturity up to one year. Money Market Funds offer low-risk, short-term investments with high liquidity and stable returns, ideal for parking surplus cash securely.

The fund follows a conservative investment strategy focusing on:

- Money market instruments with maturity up to 12 months

- High-grade commercial papers and certificates of deposit

- Treasury bills and government securities

- Bank deposits and repos

The fund's asset allocation comprises around 0.00% in equities, 13.70% in debts, and 86.20% in cash & cash equivalents. This allocation reflects the fund's commitment to maintaining high liquidity while generating stable returns through short-term debt instruments.

Fund Managers

Siddharth Chaudhary and Sandeep Agarwal are the current fund managers of Sundaram Money Market Fund. The fund management team brings extensive experience in debt market investments and risk management, ensuring professional portfolio management aligned with the fund's conservative investment approach.

About Sundaram Asset Management Company (AMC)

Sundaram Asset Management Company Ltd., the holding organisation of Sundaram Mutual Funds, is a wholly owned subsidiary of Sundaram Finance Limited, one of India's oldest and most recognisable financial institutions with over 20 years of experience in fund management at the highest level.

Key highlights of the AMC:

- Established in 1996 as a fully owned subsidiary of Sundaram Finance Limited, with commitment to make mutual funds accessible to every retail investor, leading to its growth as one of the leading AMCs in India.

- Incorporated on 26 February 1996, with an AUM size of Rs. 68,692 Cr as of 31 December 2024.

- With headquarters in Chennai, Sundaram Mutual Funds has made customer satisfaction its top priority, having one of the most robust customer-care operations, with 93 centres spread across the length and breadth of the country.

- They also have a fully-owned asset management subsidiary in Singapore and a branch office in Dubai.

The parent company, Sundaram Finance Ltd., was incorporated in 1954, becoming one of the first financial organisations to be formed in independent India. As of now, it is one of the largest financial institutions in India with reported net assets worth over Rs. 28,000 Crore and annual gross revenue of over Rs. 5000 Crore.

Should I Invest in Sundaram Money Market Fund?

Sundaram Money Market Fund is suitable for investors seeking:

Ideal for:

- Conservative investors looking for low-risk investment options

- Short-term parking of surplus funds with better returns than savings accounts

- Portfolio diversification with liquid debt instruments

- Emergency fund creation with high liquidity

Key considerations:

- The fund is rated Low to Moderate risk.

- These funds usually deliver low returns which are only marginally higher than your bank account and are not suitable if your aim is to build wealth in the long run.

- Money market funds are primarily designed for capital preservation rather than capital appreciation

Investment minimums:

- Minimum SIP Investment is set to ₹250. Minimum Lumpsum Investment is ₹1,000.

The fund offers high liquidity with most mutual fund investments being highly 'liquid', where after placing the redemption request, you can expect your investment to land in your bank account within two-three business days.

FAQs

What is today's NAV of Sundaram Money Market Fund?

The latest NAV declared is ₹15.154 as on 06 July 2025. NAV is updated daily based on market conditions.

What is the AUM of Sundaram Money Market Fund?

The fund has an AUM of ₹1,355.66 Crores as of 06 July 2025.

What is the expense ratio of Sundaram Money Market Fund?

The fund has an expense ratio of 0.29% as of 03 July 2025. This is competitive for money market funds.

What are the returns of Sundaram Money Market Fund since inception?

The fund has given a CAGR return of 6.23% since inception. The fund was launched on 26 September 2018.

What is the minimum SIP amount to invest in Sundaram Money Market Fund?

The minimum SIP amount to invest in this scheme is ₹250.

How do I invest in Sundaram Money Market Fund?

You can invest through Allvest platform by completing your KYC process, selecting the fund, and choosing between SIP or lumpsum investment options.

How to start a SIP in Sundaram Money Market Fund?

Register on Allvest, complete KYC verification, select Sundaram Money Market Fund, choose SIP option, set amount and frequency, then proceed with payment setup.

How do I automate an SIP in Sundaram Money Market Fund?

Use Allvest's auto-pay feature during SIP setup to enable automatic monthly deductions from your bank account for hassle-free investing.

How can I withdraw/redeem my investment in Sundaram Money Market Fund?

Submit redemption request through Allvest platform or directly with the AMC. Funds typically reach your bank account within two-three business days.