Sundaram Overnight Fund Direct Plan - Growth

Sundaram Overnight Fund Direct Plan - Growth is a scheme launched by Sundaram Mutual Fund on March 20, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 303.41 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.07% for managing the portfolio.

• Investing Strategy:

  To generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity / maturing in one business day

• Performance:

  Sundaram Overnight Fund Direct Plan - Growth trailing returns over different times are 6.17% (1 year), 6.45% (3 year) and 5.25% (5 year). The average annual return of this fund stands at 4.12%.