MonitorDirect · GrowthWatch before adding
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund)
Sundaram Mutual FundDebt Scheme - Liquid Fund4.8 years
The scheme aims to provide income from short-term investments, consistent with preservation of capital and liquidity by investing in a portfolio of money market and in investment grade debt instruments .
- NAV
- 2,530.1379
- 30 Oct 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹6,727.3 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer BANDHAN LIQUID Fund - Unclaimed More than 3 years if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.8 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.14% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Ronak Shah · 0.2 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 37.8% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.5%
- 3Y+6.9%
- 5Yn/a
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+6.7%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 89
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.5%
- 663 daily-ending windows
- Median rolling 3Y
- +7.0%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.0%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +1%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 1 days
- 9 recovered episodes
- Longest recovery
- 3 days
- Trough to prior peak
3 May 2022 – 7 May 2022
Trough 5 May 2022 · recovered in 2 days
-0.0%
27 Mar 2023 – 29 Mar 2023
Trough 28 Mar 2023 · recovered in 1 days
-0.0%
22 Mar 2026 – 25 Mar 2026
Trough 23 Mar 2026 · recovered in 2 days
-0.0%
20 Oct 2026 – 25 Oct 2026
Trough 22 Oct 2026 · recovered in 3 days
-0.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
89
Vs category
51
Consistency
98
Risk-adjusted
0
Drawdown
100
Mean
67
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 61 holdings · top 10 are 37.8%.
- Top 5
- 22.7%
- Top 10
- 37.8%
- Largest holding
- 5.6%
- Effective holdings
- 41.9
GOVERNMENT OF INDIA 37816 091 DAYS TBILL 05NV26 FV RS 100
Financial
5.6%
EXPORT IMPORT BANK OF INDIA 91D CP 04NOV26
Financial
4.4%
BANK OF INDIA CD RED 03-12-2026#**
Financial
4.4%
Central Bank of India - 04/12/2026**
Financial
4.4%
Repo
Unspecified
3.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANDHAN LIQUID Fund - Unclaimed More than 3 years
Bandhan Mutual Fund
- 1Y
- 0.0%
- 3Y
- 0.0%
- Vol
- 0.0%
- Max DD
- 0.0%
- Sharpe
- n/a
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Edelweiss Liquid Fund
Edelweiss Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.0%
- Vol
- n/a
- Max DD
- -0.2%
- Sharpe
- n/a
- 3Y win
- +100%
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
The Wealth Company Liquid Fund
The Wealth Company Mutual Fund
- 1Y
- +6.5%
- 3Y
- n/a
- Vol
- 0.2%
- Max DD
- -0.0%
- Sharpe
- -8.51
- 3Y win
- n/a
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns
TRUSTMF Liquid Fund
Trust Mutual Fund
- 1Y
- +6.4%
- 3Y
- +6.8%
- Vol
- 0.1%
- Max DD
- -0.0%
- Sharpe
- -10.32
- 3Y win
- +2%
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns
UNIFI LIQUID FUND
Unifi Mutual Fund
- 1Y
- +5.8%
- 3Y
- n/a
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -14.33
- 3Y win
- n/a
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns