{"id":247694,"date":"2026-09-16T08:38:09","date_gmt":"2026-09-16T03:08:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T08:38:09","modified_gmt":"2026-09-16T03:08:09","slug":"sundaram-money-market-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/","title":{"rendered":"Sundaram Money Market Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-money-market-fund-g-direct-plan\">Sundaram Money Market Fund Direct Growth Plan<\/a> had a NAV of \u20b916.3199 as of 15 September 2026 and a scheme AUM of \u20b91,719 Cr. Its 1-year, 3-year and 5-year returns are 6.59%, 7.31% and 6.51% respectively, and the scheme sits in the Medium Risk category.<\/p>\n<p>Our view is that this is a steady debt scheme rather than a return-chasing one. The portfolio is built around short-duration money market instruments, so it may suit conservative investors who want relatively stable participation and are comfortable with moderate interest-rate and credit exposure.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Sundaram_Money_Market\" title=\"Should you BUY or HOLD Sundaram Money Market?\">Should you BUY or HOLD Sundaram Money Market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Sundaram_Money_Market_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Sundaram Money Market Fund Direct Growth Plan?\">What is the current NAV of Sundaram Money Market Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_available_return_data\" title=\"How does it compare with peer funds on available return data?\">How does it compare with peer funds on available return data?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/sundaram-money-market-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b916.3199 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,719 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.17%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>26 Sep 2018<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9250<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Sandeep Agarwal, Kumaresh Ramakrishnan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Sandeep Agarwal and Kumaresh Ramakrishnan.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.51%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.90%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.59%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.31%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.51%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term numbers show a smoother pattern than the benchmark, which has been weak over the same recent windows. Over 1 month and 3 months, the fund remained positive while the benchmark was negative, which points to better downside control in the recent period.<\/p>\n<p>Longer term, the fund\u2019s 3-year return of 7.31% and 5-year return of 6.51% are both above the benchmark\u2019s 5.59% and 5.58%. That suggests the scheme has compounded better than the comparison index over both medium and longer horizons, even though the gap is not extreme.<\/p>\n<p>The 1-year figure is also healthy at 6.59%, and it lines up more closely with the 3-year and 5-year profile than with any sharp short-term spike. In our view, that makes the return path look orderly rather than opportunistic. The pattern is consistent with a debt fund that has delivered incremental gains without the sort of pronounced swings that equity-linked funds can show.<\/p>\n<p>For investors, the key point is that recent behaviour and longer-term behaviour point in the same direction. The fund has not relied on one strong quarter to build its track record; instead, it has posted a fairly even compounding trend with a modest edge versus the benchmark.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Sundaram_Money_Market\"><\/span>Should you BUY or HOLD Sundaram Money Market?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Sundaram Money Market? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-money-market-fund-g-direct-plan\">Sundaram Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.59%<\/td>\n<td>7.31%<\/td>\n<td>6.51%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/union-money-market-fund-g-direct-plan\">Union Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.82%<\/td>\n<td>7.22%<\/td>\n<td>6.48%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-money-market-fund-g-direct-plan\">Tata Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.73%<\/td>\n<td>7.55%<\/td>\n<td>6.84%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-money-market-fund-g-direct-plan\">Bandhan Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.69%<\/td>\n<td>7.42%<\/td>\n<td>6.67%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-money-market-fund-g-direct-plan\">LIC MF Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.69%<\/td>\n<td>6.81%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the 1-year figure, the fund sits in the same general range as the peer set, but it does not lead that group on the available numbers. Tata Money Market Fund Direct Growth Plan and Bandhan Money Market Fund Direct Growth Plan have slightly higher 1-year returns, while Union Money Market Fund Direct Growth Plan is also ahead on that measure.<\/p>\n<p>The longer-term picture is more balanced. The fund\u2019s 3-year and 5-year returns are both competitive, with the 5-year figure better than several peer figures available here and the 3-year figure close to the stronger names in the group. That makes the comparison less about one-off short-term movement and more about whether the scheme has kept pace across full market cycles.<\/p>\n<p>In our view, the short-term and longer-term comparisons tell different but not conflicting stories: the recent 1-year number is decent, while the 3-year and 5-year numbers show that the fund has sustained its compounding reasonably well over time.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Axis Bank Ltd &#8211; 12\/02\/2027**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.64%<\/td>\n<\/tr>\n<tr>\n<td>Indian Overseas Bank &#8211; 24\/02\/2027**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.63%<\/td>\n<\/tr>\n<tr>\n<td>LIC Housing Finance Ltd &#8211; 11\/02\/2027**<\/td>\n<td>Commercial Paper<\/td>\n<td>4.51%<\/td>\n<\/tr>\n<tr>\n<td>Punjab National Bank &#8211; 05\/02\/2027<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.24%<\/td>\n<\/tr>\n<tr>\n<td>The Federal Bank Ltd &#8211; 29\/01\/2027**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.24%<\/td>\n<\/tr>\n<tr>\n<td>Indusind Bank Ltd &#8211; 14\/12\/2026**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.71%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda &#8211; 05\/02\/2027**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.11%<\/td>\n<\/tr>\n<tr>\n<td>Embassy Office Parks Reit &#8211; 12\/03\/2027**<\/td>\n<td>Commercial Paper<\/td>\n<td>3.08%<\/td>\n<\/tr>\n<tr>\n<td>Indian Bank &#8211; 24\/05\/2027**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.04%<\/td>\n<\/tr>\n<tr>\n<td>91 Days &#8211; T Bill &#8211; 22\/10\/2026<\/td>\n<td>Treasury Bills<\/td>\n<td>2.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Axis Bank Ltd &#8211; 12\/02\/2027** at 5.64%, which is sizable for a money market portfolio but still not dominant. The top ten holdings together account for approximately 40.09% of the portfolio, so the fund is not concentrated in a single position even though the leading names matter.<\/p>\n<p>Weight declines gradually from the first holding to the tenth, moving from 5.64% to 2.89%. That is a fairly measured spread, which may reduce the impact of any one issuer compared with a more top-heavy portfolio. At the same time, the holdings are mostly short-dated certificates of deposit and commercial paper, so the portfolio may be more sensitive to credit selection than to long-duration rate moves.<\/p>\n<p>With 42 disclosed holdings in total, the visible list suggests a relatively long tail beyond the top ten. In our view, that spread could help dilute single-security influence, while the combined weight of the leading positions still means the largest names are likely to have greater influence on near-term returns.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-money-market-fund-g-direct-plan\">Sundaram Money Market Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This scheme may suit investors who want a conservative debt allocation with moderate risk tolerance and a preference for steadier returns. The Medium Risk label fits a portfolio that is not designed for high-volatility outcomes, and the recent 1-year, 3-year and 5-year pattern shows consistent compounding rather than sharp jumps.<\/p>\n<p>The main trade-off is that the fund appears steadier than many growth-oriented products, but it also does not aim for large upside. The benchmark comparison and the peer comparison both suggest a generally solid, but not standout, return profile. That makes the fund more appropriate for investors who value stability and liquidity over aggressive return seeking, and who are comfortable with a money-market style portfolio holding short-dated debt instruments.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>No exit load applies.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Sundaram_Money_Market_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Sundaram Money Market Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b916.3199 as of 15 September 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 1-year return is 6.59%, the 3-year return is 7.31%, and the 5-year return is 6.51%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has outpaced the benchmark over 1 year, 3 years and 5 years. The benchmark numbers are weaker over recent periods, especially over 1 month and 3 months.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_available_return_data\"><\/span>How does it compare with peer funds on available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is competitive but not the highest among the peer examples listed. Over 3 years and 5 years, it remains broadly in line with the stronger peer figures and is ahead of some peers where data is available.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9250.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Sandeep Agarwal and Kumaresh Ramakrishnan. No exit load applies.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Sundaram Money Market Fund Direct Growth Plan shows a steadier return pattern over time than its benchmark, with the 3-year and 5-year figures supporting the recent 1-year result. Against peers, it looks competitive on available data, though the latest 1-year number is not the strongest in the group. The Medium Risk profile, short-dated debt holdings and relatively broad set of 42 disclosed holdings make it a fit for investors who want a conservative debt sleeve with measured return potential.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 8:35 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Sundaram Money Market Fund Direct Growth Plan\",\"identifier\":\"sundaram-money-market-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"26 Sep 2018\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":16.3199,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1719 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.17\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.59},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.31},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.51},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Sandeep Agarwal, Kumaresh Ramakrishnan\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Sundaram Money Market Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b916.3199 as of 15 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 6.59%, the 3-year return is 7.31%, and the 5-year return is 6.51%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has outpaced the benchmark over 1 year, 3 years and 5 years. The benchmark numbers are weaker over recent periods, especially over 1 month and 3 months.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is competitive but not the highest among the peer examples listed. Over 3 years and 5 years, it remains broadly in line with the stronger peer figures and is ahead of some peers where data is available.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9250.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Sandeep Agarwal and Kumaresh Ramakrishnan. No exit load applies.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sundaram Money Market Fund Direct Growth Plan had a NAV of \u20b916.3199 as of 15 September 2026, with 1-year, 3-year and 5-year returns of 6.59%, 7.31% and 6.51%.<\/p>\n","protected":false},"author":38,"featured_media":247693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-247694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247693"],"rank_math_title":["Sundaram Money Market Fund Review 2026"],"rank_math_description":["Sundaram Money Market Fund Direct Growth Plan NAV \u20b916.3199; 1Y return 6.59%. See returns, portfolio and risk."],"rank_math_focus_keyword":["Sundaram Money Market Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Sundaram_Money_Market_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=247694"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247693"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}