LIC MF Ultra Short Duration Fund vs Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)
Ultra Short Duration Fund · Direct Plan – Growth · Compared on official AMFI NAV data · NAVs as of 13-Jul-2026
| Metric | LIC MF Ultra Short Duration Fund | Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) |
|---|---|---|
| Latest NAV | ₹1,443.4 | ₹3,126.85 |
| 1-Year Return | +6.92% | +6.74% |
| 3-Year Return (CAGR) | +7.38% | +7.53% |
| 5-Year Return (CAGR) | N/A | N/A |
| Volatility (1Y, annualised) | 0.4% | 0.4% |
| Max Drawdown | −0.1% | −0.1% |
| Fund House | LIC Mutual Fund | Sundaram Mutual Fund |
Growth of ₹10,000
If you had invested ₹10,000 in each fund
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LIC MF Ultra Short Duration Fund vs Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund): which is better?
LIC MF Ultra Short Duration Fund and Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) are both ultra short duration fund mutual funds (direct plan, growth option). This comparison uses each fund's official AMFI NAV history — the same daily data the fund houses publish — to compare returns, volatility and drawdowns side by side.
On 3-year returns (annualised), Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) leads with +7.53% against +7.38% — a gap of about 0.15 percentage points per year over that period.
LIC MF Ultra Short Duration Fund has been the steadier fund over the past year, with annualised volatility of 0.4% versus 0.4%. Looking at worst falls, LIC MF Ultra Short Duration Fund's deepest drawdown in the stored history is −0.1% against −0.1% for Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund).
Which fund suits you depends on your horizon and appetite for swings: the higher-return fund is only the better pick if you can hold through its rougher months. Use the ₹10,000 growth chart above to see how each fund actually behaved through market cycles, and consider consulting a SEBI-registered adviser before investing. This comparison is informational, not investment advice.
Key takeaways
- Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) has delivered higher 3-year returns (+7.53% vs +7.38%).
- LIC MF Ultra Short Duration Fund has shown lower volatility over the trailing year.
Frequently Asked Questions
Which fund has given higher returns — LIC MF Ultra Short Duration Fund or Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)?
Over the past 3 year period, Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund) has delivered higher returns: +7.53% versus +7.38% annualised. Past performance does not guarantee future results.
Which fund is less risky — LIC MF Ultra Short Duration Fund or Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)?
Based on the trailing year, LIC MF Ultra Short Duration Fund has shown lower day-to-day volatility (LIC MF Ultra Short Duration Fund: 0.4%, Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund): 0.4% annualised). Volatility and drawdowns describe past behaviour, not future safety — both funds carry the market risk of their category.
Can I invest in both LIC MF Ultra Short Duration Fund and Sundaram Ultra Short Duration Fund (Formerly Known as Principal Ultra Short Term Fund)?
Yes — many investors split a SIP across two funds. If both funds are from the same category, remember they will hold overlapping stocks, so diversification benefits may be smaller than they appear. Check each scheme's portfolio before doubling up within one category.
More Ultra Short Duration Fund comparisons
Returns, volatility and drawdowns are computed from official AMFI NAV history for direct-growth plans and may differ slightly from fund-house factsheets due to date conventions. Mutual fund investments are subject to market risks. This comparison is for informational purposes only — not investment advice.