NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹2593.93
0.01%
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
ultra short duration
debt
6.47%p.a.
Last 1Y
5.35%p.a.
Last 3Y
4.56%p.a.
Last 5Y
5.78%p.a.
Since Inception
About Sundaram Ultra Short Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Ultra Short Duration Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Dec 2007, Sundaram Ultra Short Duration Fund Growth is Ultra Short Duration fund of its category with 2,073.43 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
- Sundaram Ultra Short Duration Fund Growth delivered 6.5% annual returns during the last year. It has delivered 5.8% average annual returns since the fund was launched.
- Sundaram Ultra Short Duration Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate regular income & capital appreciation through investments in debt securities and money market instruments.
Top 10 Holdings
TATA Steel Limited
3.62%
Bharti Telecom Limited
3.39%
182 DTB 13032025
3.08%
Axis Bank Ltd.
2.10%
182 Days Tbill Red 23-05-2025
1.87%
LIC Housing Finance Ltd
1.44%
PNb Housing Finance Limited
1.21%
Cholamandalam Investment And Fin. Co. Ltd
1.21%
National Bank For Agriculture And Rural Development
1.20%
Hdb Financial Services Limited
1.20%
Fund Managers
- Dwijendra Srivastava (May 2022 - Present)
- Sandeep Agarwal (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Ultra Short Duration Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Sundaram Ultra Short Duration Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Sundaram Ultra Short Duration Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Sundaram Ultra Short Duration Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
HDFC Ultra S/T Fund Growth
low to moderate risk | debt
6.2%
Kotak Savings Fund Growth
low to moderate risk | debt
6.1%
Tata Ultra Short Term Fund Growth
low to moderate risk | debt
5.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved