Investment Objective
The primary investment objective of the Floating Rate Fund will be to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments fixed rate debt instruments swapped for floating rate return and also fixed rate instruments and money market instruments. .
Category
- Debt - Low Duration Fund
Benchmark
- NIFTY Low Duration Debt Index
Returns
Absolute
1M
0.50%
3M
1.48%
6M
3.31%
Annualised
1Y
6.38%
3Y
4.49%
5Y
1.51%
Historical NAV
NAV for scheme Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)- Growth Option
is
Growth of 10,000
An investment of 10000 for
in this scheme would have grown to Rs.
Risk of the fund
AUM
449.38 Cr
Sundaram Low Duration Fund - Regular Plan Growth AUM is 90% lower than other schemes in the category
Load
Entry Load - NIL
Exit Load - Nil
Lock In Period - NIL
Expense Ratio
1.28%
Turnover Ratio
NA
