This is the Direct plan of Sundaram Liquid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★★5/5 vs 36 of 43 Liquid Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Liquid Fund (same plan and option). 36 of the 43 Liquid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.99% · ranks 4 of 36 Liquid Funds
Volatility 0.2% vs 0.2% category avg
0.1% expense vs 0.1% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ranks #4 of 41 on 1-year return in its Liquid Fund cohort
- Less volatile than its Liquid Fund peers (0.2% vs 0.2%)
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Liquid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.45% | +0.46% | -0.01% |
| 3M abs | +1.62% | +1.52% | +0.10% |
| 6M abs | +3.39% | +3.26% | +0.13% |
| 1Y CAGR | +6.56% | +6.40% | +0.16% |
| 3Y CAGR | +6.99% | +6.88% | +0.11% |
| 5Y CAGR | — | +6.33% | — |
Category average across peers in Liquid Fund (up to 43 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 43 peers in Liquid Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into Sundaram Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +5.09% | |
| 2025 | +6.63% | |
| 2024 | +7.47% | |
| 2023 | +7.12% | |
| 2022part | +4.93% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt84.45%
- Cash & Equivalents15.55%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹7,410Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Sundaram Mutual Fund is run by Sundaram Asset Management, part of the Chennai-based Sundaram Finance group, and has been in business since 1996. It absorbed Principal Mutual Fund's schemes in 2021 and has a long-standing small- and mid-cap franchise.
Fund Managers
SASandeep AgarwalStart date not disclosed
B.Com, MBA, FRM, ICWA B.Com, ACA, CS
Sundaram Asset Management Co. Apr 2018 to till date Head Investment Research & Fund Manager Jan 2016 to Apr 2018 SPM Fund Manager Jul 2012 – Dec 2015 Fund Manager Aug 2004 – Jul 2012 Research Analyst May 2002 - Jul 2004 Navia Markets Research Analyst Sundaram Asset Management Co Ltd. Sep 2012 – till date Fund Manager – Fixed Income Oct 2010 – Sep 2012 Dealer – Fixed Income Deutsche Asset Management India Pvt. Ltd. Apr 2008 – Oct 2010 Management Trainee - Fixed Income
- Sundaram Aggressive Hybrid
- Sundaram Banking & PSU Debt Fund
- Sundaram Business Cycle Fund
- Sundaram Conservative Hybrid Fund
- Sundaram Corporate Bond Fund
- Sundaram Low Duration Fund
- Sundaram Medium Duration Fund
- Sundaram Money Market Fund
- Sundaram Overnight Fund
- Sundaram Short Duration Fund
- Sundaram Ultra Short Duration Fund
- Sundaram Multi Asset Allocation Fund - Direct Plan - GROWTH
KRKumaresh RamakrishnanStart date not disclosed
Credit & Fund Manager Sr.Manager
M.B.A – Finance and BE
• 2022 - 2025 - Credit Consultant - Sundaram Asset Management Company Limited • 2016 -2021 - CIO - Fixed Income - PGIM India Asset Management • 2015- Till Date - MIS, Data analysis, Client
RSRonak ShahStart date not disclosed
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Sundaram in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Kirloskar Pneumatic schedules virtual meetings with two mutual funds
scanx.trade · 19d ago
Sundaram Ultra Short Term Fund - Direct Plan
CNBC TV18 · 23d ago
Sundaram Ultra Short Term Fund(Ex) Direct-IDCW Weekly
The Economic Times · 24d ago
Sundaram Ultra Short Term Fund(Ex) Direct-IDCW Daily
The Economic Times · 02 Sep 2026
Sundaram Ultra Short to Short Term Fund
CNBC TV18 · 27 Aug 2026
Sundaram Banking and PSU Debt Fund - Direct Plan
CNBC TV18 · 27 Aug 2026
Sundaram Ultra Short Term Fund(Ex) Direct-IDCW Quarterly
The Economic Times · 27 Aug 2026
Sundaram Ultra Short Term Fund(Ex) Regular-IDCW Daily
The Economic Times · 26 Aug 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Liquid funds
Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.
From the blog
Liquid funds returned 6.46% in a year; overnight 5.26%
01 Oct 2026
Over the year to 30 September 2026 the median liquid fund returned 6.46% and the median overnight fund 5.26%. How close together the funds in each finished.
Liquid funds returned 6.44% in a year, and sped up
24 Aug 2026
The median liquid fund returned 6.44% in the year to 23 August 2026, much as in March. But its last six months ran at about 6.9% a year, against 6.0% then.
Frequently asked questions
What is the NAV of Sundaram Liquid Fund?
As of 04 Oct 2026, the NAV of Sundaram Liquid Fund is ₹2,520.97 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Sundaram Liquid Fund delivered?
Sundaram Liquid Fund has returned +6.56% over 1 year, +6.99% per year over 3 years and +6.57% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Sundaram Liquid Fund?
Sundaram Liquid Fund charges an expense ratio of 0.14% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Sundaram Liquid Fund?
Sundaram Liquid Fund's largest holdings are 91 Days - T Bill - 05/11/2026 (4.1%), Export Import Bank of India - 04/11/2026 (3.3%), 91 Days - T Bill - 22/10/2026 (2.5%), National Bank for Agriculture & Rural Development - 11/09/2026 (2.2%) and Small Industries Development Bank of India - 11/09/2026 (2.2%). Holdings are disclosed monthly and change over time.
How risky is Sundaram Liquid Fund?
Sundaram Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Sundaram Liquid Fund?
Sundaram Liquid Fund is benchmarked against the Nifty Liquid Index-A-I. Its alpha and beta on this page are measured against that index.
Who manages Sundaram Liquid Fund?
Sundaram Liquid Fund is managed by Sandeep Agarwal, Kumaresh Ramakrishnan and Ronak Shah at Sundaram.
How is Sundaram Liquid Fund taxed?
Sundaram Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.