Sundaram Short Term Fund

Short DurationDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Sundaram Short Term Fund is a Short Duration fund run by Sundaram Mutual Fund. On 30-09-2026, it managed ₹176 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.7% a year. Its benchmark, NIFTY Short Duration Debt Index A-II, returned 6.6% a year over the same 3 years.

NAV (Direct plan): ₹51.29; ▲ 0.03%30-10-2026
NAV (Regular plan): ₹47.07; ▲ 0.03%30-10-2026
Expense ratio: 0.28%Direct0.80%Regular; 0.28%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 7.3%Direct6.7%Regular; 7.3%; A year

Sundaram Short Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹51.29 (up 0.03% that day); Regular Plan Growth ₹47.07 (up 0.03% that day).

This fund (Direct plan)

₹51.2896

Sundaram Short Term Fund Returns vs NIFTY Short Duration Debt Index A-II

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.09%	+0.50%	+2.52%	+4.68%	+7.28%	--	--
This fund (Regular)	−0.13%	+0.37%	+2.26%	+4.17%	+6.70%	--	--
NIFTY Short Duration Debt Index A-II	+0.14%	+0.49%	+2.66%	+4.41%	+6.61%	+5.84%	--
Short Duration average	−0.14%	+0.30%	+2.50%	+4.11%	+6.88%	--	--
Best in Short Duration	+0.11%	+0.75%	+3.17%	+5.54%	+7.64%	--	--
Worst in Short Duration	−0.34%	−0.09%	+2.15%	−3.88%	−1.14%	--	--
Rank in Short Duration	9/25	6/24	8/24	6/23	11/23	--	--

Category rows compare the Direct plans of 25 Short Duration funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Sundaram Short Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.79%	+3.38%
2025	+7.97%	+7.31%
2024	+8.51%	+7.92%
2023	+7.40%	+6.86%

Sundaram Short Term Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 441 periods, one for each trading day from 03-01-2025 to 30-10-2026.

0%2%4%6%8%10%

Feb 2022
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026

Sundaram Short Term Fund (Direct)Category average, 25 Short Duration funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	924	7.4%	4.2%	10.4%	0%	7.2%	92%
2 years	682	7.9%	5.7%	8.7%	0%	7.5%	92%
3 years	441	7.6%	6.7%	8.2%	0%	7.3%	95%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	46	7.6%	4.3%	10.8%	0%	7.2%	93%
2 years	34	7.8%	6.0%	9.6%	0%	7.5%	100%
3 years	22	7.8%	6.8%	9.0%	0%	7.5%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Sundaram Short Term Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Sundaram Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+4.68%	+4.16%
Standard deviation	0.98%	1.17%
Sharpe ratio	-0.58	-0.93
Sortino ratio	-0.81	-1.23
Maximum drawdown	−0.42% (21-05-2026)	−0.75% (02-04-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Sundaram Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.28%	+6.89%
Standard deviation	0.90%	0.97%
Sharpe ratio	1.40	0.89
Sortino ratio	2.19	1.27
Maximum drawdown	−0.42% (21-05-2026)	−0.75% (02-04-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Sundaram Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.58%	+6.43%
Standard deviation	0.87%	1.03%
Sharpe ratio	0.79	0.53
Sortino ratio	1.16	0.76
Maximum drawdown	−0.67% (06-05-2022)	−0.98% (06-05-2022)

From daily NAVs, 03-01-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−1%−0.8%−0.6%−0.4%−0.2%0%

2023202420252026

Sundaram Short Term Fund (Direct)Category average, 25 Short Duration funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Sundaram Short Term Fund (Direct)	−0.67%	02-05-2022	06-05-2022	05-07-2022	2 months	−0.18%
Category average	−0.98%	07-04-2022	06-05-2022	06-07-2022	2 months	−0.28%

From the Direct plan's daily NAV since 03-01-2022, adjusted for unit splits, and the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Sundaram Short Term Fund vs Other Short Duration Funds

The five Short Duration funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Bandhan Short Term Fund	1/23	8,680	0.39%	+5.54%	+7.64%	--	--	1.61	2.54	Compare
Axis Short Term Fund	2/23	7,425	0.40%	+4.82%	+7.58%	--	--	1.63	2.53	Compare
Mahindra Manulife Short Term Fund	3/23	79	0.33%	+4.78%	+7.49%	--	--	1.56	2.36	Compare
Bank of India Short Term Fund	4/23	259	0.54%	+4.34%	+7.48%	--	--	1.01	2.34	Compare
ICICI Prudential Short Term Fund	4/23	18,890	0.45%	+4.92%	+7.48%	--	--	1.55	2.34	Compare
Sundaram Short Term Fund	11/23	176	0.28%	+4.68%	+7.28%	--	--	1.40	2.19

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Sundaram Short Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Short Duration median	Cost rank (1 = cheapest)
Direct	0.24%	0.00%	0.00%	0.04%	0.28%	0.37%	3/25
Regular	0.69%	0.00%	0.00%	0.11%	0.80%	0.99%	4/25

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Short Duration funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	4.17%	4.68%	0.51%	₹1,04,170	₹1,04,680
3 years	6.70%	7.28%	0.58% a year	₹1,21,477	₹1,23,469

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Sundaram Short Term Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planSundaram Short Term Fund (Direct)	₹5,80,000	₹6,83,984	₹1,03,984	6.8%
Regular planSundaram Short Term Fund (Regular)	₹5,80,000	₹6,74,383	₹94,383	6.2%
Category averageCategory average, 25 Short Duration funds	₹5,80,000	₹6,78,527	₹98,527	6.4%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planSundaram Short Term Fund (Direct)Regular planSundaram Short Term Fund (Regular)Category averageCategory average, 25 Short Duration fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Sundaram Short Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

90.6%Debt

Asset	Fund	Category
Debt	90.6%	92.0%
Cash and others	9.4%	8.0%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 25 Short Duration funds.

Rating	Fund	Category
Sovereign	14.0%	11.4%
AAA and A1+	68.0%	71.2%
AA	8.5%	9.4%

Sundaram Short Term Fund Portfolio Holdings

As on 30-09-2026 · 25 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
PNB Housing Finance Ltd - 8.15% - 29/07/2027 · Bond	IND AAA	5.68%
Power Finance Corporation Ltd - 7.77% - 15/04/2028 · Bond	ICRA AAA	5.68%
Export Import Bank of India - 7.35% - 27/07/2028 · Bond	ICRA AAA	5.66%
REC LTD - 7.28% - 31/08/2029 · Bond	CRISIL AAA	5.61%
National Bank for Agriculture & Rural Development - 6.66% - 12/10/2028 · Bond	ICRA AAA	5.56%
Punjab National Bank - 05/02/2027 · Certificate of deposit	CRISIL A1+	5.55%
6.45% Gujarat State Development Loan - 06/01/2030 · State government security	Sovereign	5.53%
Union Bank of India - 16/03/2027 · Certificate of deposit	ICRA A1+	5.51%
Small Industries Development Bank of India - 7.42% - 12/03/2029 · Bond	CRISIL AAA	4.50%
7.32% Government Securities-13/11/2030 · Government security	Sovereign	2.88%
7.04% Central Government Securities 03/06/2029 · Government security	Sovereign	2.86%
Can Fin Homes Ltd - 8.09% - 04/01/2027 · Bond	ICRA AAA	2.84%
National Housing Bank - 7.59% - 14/07/2027 · Bond	CRISIL AAA	2.84%
Cholamandalam Investment and Finance Company Ltd - 8.54% - 12/04/2029 · Bond	ICRA AA+	2.84%
LIC Housing Finance Ltd - 7.95% - 29/01/2028 · Bond	CRISIL AAA	2.84%
Tata Capital Housing Finance Ltd - 8.2% - 25/09/2029 · Bond	CRISIL AAA	2.84%
360 One Prime Ltd - 8.95% - 04/06/2027 · Bond	ICRA AA	2.84%
Hinduja Leyland Finance Ltd - 8.4% - 06/05/2027 · Bond	CRISIL AA+	2.84%
National Bank for Agriculture & Rural Development - 7.48% - 15/09/2028 · Bond	CRISIL AAA	2.82%
LIC Housing Finance Ltd - 6.9% - 17/09/2027 · Bond	CRISIL AAA	2.82%
National Bank for Financing Infrastructure and Development - 7.37% - 16/07/2029 · Bond	CRISIL AAA	2.81%
Small Industries Development Bank of India - 7.04% - 09/02/2029 · Bond	CRISIL AAA	2.79%
6.53% Tamil Nadu State Development Loan 06/01/2031 · State government security	Sovereign	2.75%
Power Finance Corporation Ltd - 6.96% - 02/03/2028 · Bond	CRISIL AAA	1.69%
Corporate Debt Market Development Fund - Class A2		0.37%

Sundaram Short Term Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Sundaram Banking and PSU Debt FundBanking & PSU · Sundaram	29.9%	11	Compare
Sundaram Corporate Bond FundCorporate Bond · Sundaram	21.8%	11	Compare
Sundaram Medium Term FundMedium Duration · Sundaram	19.6%	7	Compare
Sundaram Ultra Short to Short Term FundLow Duration · Sundaram	18.2%	10	Compare
HSBC Ultra Short to Short Term FundLow Duration · HSBC	15.6%	6	Compare
Baroda BNP Paribas Short Term FundShort Duration · Baroda BNP Paribas	13.3%	7	Compare
Edelweiss Banking and PSU Debt FundBanking & PSU · Edelweiss	13.3%	5	Compare
Groww Short Term FundShort Duration · Groww	11.6%	3	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Sundaram Short Term Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.28%
Expense ratio (Regular): 0.80%
Category: Short Duration
Risk: Low to Moderate
Benchmark: NIFTY Short Duration Debt Index A-II
Launch date: 04-09-2002
Minimum investment: For first investment Rs 5,000/-
Minimum additional investment: ₹500
AUM: ₹176.09 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149587
ISIN (Direct): INF173K01GP0
Scheme code (Regular): 149585
ISIN (Regular): INF173K01BA3
NAV history: From 03-01-2022, 4.8 years

Exit load: NIL

Tax on Sundaram Short Term Fund returns

Sundaram Short Term Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹51.2896	30-10-2026
direct	Income Distribution Cum Capital Withdrawal IDCW	₹13.0275	30-10-2026
regular	Growth	₹47.0684	30-10-2026
regular	Income Distribution Cum Capital Withdrawal IDCW	₹12.8698	30-10-2026

About Sundaram Short Term Fund

Sundaram Short Term Fund is a mutual fund from Sundaram Mutual Fund. Its category is Short Duration. It was launched on 04-09-2002. Its benchmark is NIFTY Short Duration Debt Index A-II. At the end of September 2026 it held 25 securities.

Fund Manager

Sandeep Agarwal
Fund manager of Sundaram Short Term Fund
Kumaresh Ramakrishnan
Fund manager of Sundaram Short Term Fund
Ronak Shah
Fund manager of Sundaram Short Term Fund

See all funds of Sundaram Mutual Fund

AUM change

September 2026: ₹176.09 Cr; −1.22% from August 2026
August 2026: ₹178.26 Cr; −1.43% from July 2026
July 2026: ₹180.84 Cr; −1.77% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Sundaram Short Term Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Sundaram Short Term vs Bandhan Short TermShort Duration
Sundaram Short Term vs Axis Short TermShort Duration
Sundaram Short Term vs Mahindra Manulife Short TermShort Duration
Sundaram Short Term vs Bank of India Short TermShort Duration
Sundaram Short Term vs ICICI Prudential Short TermShort Duration
Sundaram Short Term vs Sundaram Banking and PSU Debt29.9% overlap
Sundaram Short Term vs Sundaram Corporate Bond21.8% overlap
Sundaram Short Term vs Sundaram Medium Term19.6% overlap

Compare with any other fund

Frequently Asked Questions for Sundaram Short Term Fund

What is the current NAV of Sundaram Short Term Fund?

The Direct plan NAV is ₹51.2896. The Regular plan NAV is ₹47.0684, as on 30-10-2026.

What are the returns of Sundaram Short Term Fund?

The Direct plan returned +4.68% in 1 year, +7.28% a year over 3 years. The Regular plan returned +4.17% in 1 year, +6.70% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Sundaram Short Term Fund?

The Direct plan charges 0.28% a year. The Regular plan charges 0.80% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Sundaram Short Term Fund?

Sundaram Short Term Fund managed ₹176.09 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Sundaram Short Term Fund?

At the end of September 2026 the largest holdings were PNB Housing Finance Ltd - 8.15% - 29/07/2027 (5.68%), Power Finance Corporation Ltd - 7.77% - 15/04/2028 (5.68%), Export Import Bank of India - 7.35% - 27/07/2028 (5.66%), REC LTD - 7.28% - 31/08/2029 (5.61%), National Bank for Agriculture & Rural Development - 6.66% - 12/10/2028 (5.56%). The fund held 25 securities in all.

How do I invest in Sundaram Short Term Fund?

Through Sundaram Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least For first investment Rs 5,000/-. You can invest once or through a monthly SIP.

Who is the fund manager of Sundaram Short Term Fund?

Sandeep Agarwal, Kumaresh Ramakrishnan, Ronak Shah.

What is the exit load of Sundaram Short Term Fund?

NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.