This scheme has not published a NAV since 28 Jun 2024 — 2.2 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)
Fund basics
Returns
No CAGR is shown for an IDCW (Income Distribution CUM Capital Withdrawal) scheme, and that is deliberate. Its NAV falls by every payout it makes, so a return computed from NAV alone understates it by exactly the amount distributed — and AMFI's daily file carries no payout history to add back. A wrong number wearing the right label is worse than an honest gap. The Growth option of this same fund is the one to compare on returns.
Regular vs Direct — same portfolio, two prices
The same fund, the same manager, the same shares. The only difference is the distributor commission inside the Regular plan's expense ratio — charged every year, on the whole balance.
| Plan | NAV | 1y | 3y | 5y |
|---|---|---|---|---|
| Regular (this page) | 1,010.4171 | — | — | — |
| Direct | 1,009.6449 | — | — | — |
The two NAVs are 0.1% apart today. They started life at the same ₹10 — the whole of that gap is what the commission has taken out of the Regular plan since launch.
How it compares with its closest peers
The same category, the same plan, the same option — the only comparison that means anything. A Low Duration Regular Plan IDCW (Income Distribution CUM Capital Withdrawal) scheme against another of exactly the same kind.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund) Sundaram Mutual Fund | 0.3% | — | — | 2.0% | -3.09 | -2.1% |
| Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund) Sundaram Mutual Fund | — | — | — | 0.4% | -10.53 | -0.2% |
| Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund) Sundaram Mutual Fund | — | — | — | 1.1% | -5.94 | -0.4% |
| Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund) Sundaram Mutual Fund | 3.4% | — | — | 1.6% | -1.88 | -1.8% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Low Duration scheme is
Portfolio duration of 6 to 12 months.
Where a savings account's job is done better, if the money can sit for a year. Small rate sensitivity, generally better returns than a bank deposit of the same tenure.
Who it suits. A one-year horizon.
How long money should stay. 6 to 12 months.
Compare this scheme with others →
Questions people ask
What is the NAV of Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund) — Regular Plan — IDCW (Income Distribution CUM Capital Withdrawal)?
₹1,010.4171 as on 28 Jun 2024, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Sundaram Low Duration Fund (Formerly Known as Principal Low Duration Fund)?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the IDCW (Income Distribution CUM Capital Withdrawal) option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
Portfolio duration of 6 to 12 months. Where a savings account's job is done better, if the money can sit for a year. Small rate sensitivity, generally better returns than a bank deposit of the same tenure.
How long should money stay in it?
Typically 6 to 12 months. A one-year horizon.