Sundaram Mutual Fund

Sundaram Mutual Fund is a wholly-owned subsidiary of Sundaram Finance Ltd., one of the major non-banking financial corporations in India. The company’s asset management wing, Sundaram Asset Management, is one of the first in India to launch mutual funds in different themes. The diverse range of products offered by the company ensures that its customers have various choices according to their specific requirements.

Types of mutual funds offered by Sundaram Mutual Fund

Sundaram Mutual Fund offers the following two types of mutual funds:

  • Equity funds
  • Fixed income funds

Equity funds offered by Sundaram Mutual Fund

The company offers a diverse range of equity funds that can be listed as follows:

  1. Sundaram Select Focus
  2. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • For units that are redeemed within 12 months from the date of allotment, an exit load of 1% of the net asset value (NAV) will be charged by the company.
    • For units that are redeemed after 12 months from the date of allotment, there is no exit load.
    Benchmark Nifty 50 Index
    Fund Manager Rahul Baijal
    Risk Factor Moderately high

    Investment objective of Sundaram Select Focus

    This fund focuses on long-term capital growth through select large cap stocks. Being an equity fund, the investment is primarily in equity and equity-related instruments.

    Who is Sundaram Select Focus suitable for?

    This fund is ideal for investors who seek capital appreciation through investments in equities and equity-related instruments.

  3. Sundaram Large and Mid Cap Fund
  4. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • For units that are redeemed within 12 months from the date of allotment, an exit load of 1% of the net asset value (NAV) will be charged by the company.
    • There is no exit load if the units are redeemed after 12 months from the date of allotment.
    Benchmark Nifty 200 Index
    Fund Manager S. Krishna Kumar
    Risk Factor Moderately high

    Investment objective of Sundaram Large and Mid Cap Fund

    This fund aims to generate long-term capital growth by investing in large and mid cap companies in the market. Investments are made mainly in equities and equity-related securities.

    Who is Sundaram Large and Mid Cap Fund suitable for?

    People who seek capital appreciation through investments in equities and equity-related securities can invest in this fund.

  5. Sundaram Multi Asset Fund
  6. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • For units that are redeemed within 12 months from the date of allotment, an exit load of 1% of the net asset value (NAV) will be charged by the company.
    • There is no exit load if the units are redeemed after 12 months from the date of allotment.
    Benchmark S&P BSE 200 (65%) and CRISIL Composite Bond Fund Index 20%, Bloomberg Commodity Index 15%
    Fund Manager Rahul Baijal
    Risk Factor Moderately high

    Investment objective of Sundaram Multi Asset Fund

    This fund focuses on long-term capital growth through various investments such as equities, equity-related instruments, commodities, commodity ETFs, real estate investment trust, infrastructure investment trusts, and fixed income securities.

    Who is Sundaram Multi Asset Fund suitable for?

    This fund is ideal for investors who wish for capital appreciation through equity investments and investments in equity-related instruments.

  7. Sundaram Mid Cap Fund
  8. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • If the units are redeemed within 12 months from the date of allotment, an exit load of 1% of the net asset value (NAV) will be charged by the company.
    • There is no exit load if the units are redeemed after 12 months from the date of allotment.
    Benchmark S&P BSE Mid-Cap Index
    Fund Manager S. Krishna Kumar
    Risk Factor Moderately high

    Investment objective of Sundaram Mid Cap Fund

    This fund focuses on long-term capital growth through investments in diverse stocks that are generally termed as mid-cap stocks.

    Who is Sundaram Mid Cap Fund suitable for?

    This fund is ideal for investors who wish for capital appreciation through investments in diverse stocks.

  9. Sundaram Small Cap Fund
  10. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • For units that are redeemed within 12 months from the date of allotment, an exit load of 1% of the net asset value (NAV) will be charged by the company.
    • There is no exit load if the units are redeemed after 12 months from the date of allotment.
    Benchmark S&P BSE Smallcap Index
    Fund Manager S. Krishna Kumar
    Risk Factor Moderately high

    Investment objective of Sundaram Small Cap Fund

    This fund focuses on long-term capital growth through investment in small cap stocks.

    Who is Sundaram Small Cap Fund suitable for?

    This fund is ideal for investors who seek capital appreciation through investments in diversified stocks that are known as small cap stocks.

  11. Sundaram Diversified Equity
  12. Fund Type Open-ended equity linked savings scheme
    Entry Load N/A
    Min. Initial investment Rs.500
    Min. Additional Purchase Rs.500
    Exit Load
    • There is no exit load on this fund, but there is a lock-in period of 36 months.
    Benchmark S&P BSE 200 Index
    Fund Manager S. Krishna Kumar
    Risk Factor Moderately high

    Investment objective of Sundaram Diversified Equity

    This fund provides capital growth through investment in equities and equity-related instruments. A minimum lock-in period of 3 years shall be applied to this fund in line with ELSS schemes.

    Who is Sundaram Diversified Equity suitable for?

    This fund is ideal for investors who want capital appreciation through investments in equities and equity-related instruments.

  13. Sundaram Rural and Consumption Fund
  14. Fund Type Open-ended equity savings scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • If the fund is redeemed within 12 months from the date of allotment, an exit load of 1% of the NAV is charged by the company.
    • For funds redeemed after 12 months, there is no exit load applicable.
    Benchmark Nifty 500
    Fund Manager S. Krishna Kumar and S. Bharath
    Risk Factor Moderately high

    Investment objective of Sundaram Rural and Consumption Fund

    This fund provides long-term returns by investing in equity or equity-related instruments of companies that focus on Rural India.

    Who is Sundaram Rural and Consumption Fund suitable for?

    This fund is ideal for investors who want capital appreciation through investments in equities and equity-related instruments.

  15. Sundaram Financial Services Opportunities
  16. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000 and multiples of Rs.1 thereafter
    Min. Additional Purchase Rs.5,000 and multiples of Rs.1 thereafter
    Exit Load
    • If the fund is redeemed within 12 months from the date of allotment, an exit load of 1% of the NAV is charged by the company.
    • For funds redeemed after 12 months, there is no exit load applicable.
    Benchmark Nifty Financial Services
    Fund Manager S. Krishna Kumar
    Risk Factor High

    Investment objective of Sundaram Financial Services Opportunities

    This fund provides long-term returns by investing in equity or equity-related instruments of Indian companies that provide banking and financial services in the country.

    Who is Sundaram Financial Services Opportunities suitable for?

    This fund is ideal for investors who want long-term capital growth through equity investments.

  17. Sundaram Infrastructure Advantage Fund
  18. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.5,000 and in multiples of Re.1 thereafter
    Exit Load
    • For units redeemed within 12 months from the date of allotment, an exit load of 1% of the NAV is charged by the company.
    • For units redeemed after 12 months, there is no exit load applicable.
    Benchmark S&P BSE 100 Index
    Fund Manager S. Krishna Kumar
    Risk Factor High

    Investment objective of Sundaram Infrastructure Advantage Fund

    This fund focuses on generating consistent long-term returns by investing in equity or equity-related instruments of Indian companies engaged in infrastructure development or related activities.

    Who is Sundaram Infrastructure Advantage Fund suitable for?

    This fund is ideal for investors who want consistent long-term returns through equity investments.

  19. Sundaram Equity Hybrid Fund
  20. Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase Rs.500
    Exit Load
    • Investors can redeem 10% of the units without any exit load anytime from the date of allotment
    • To redeem additional units within 12 months from the date of allotment, an exit load of 1% of the NAV must be paid to the company.
    • There is no exit load on units redeemed after 12 months from the date of allotment.
    Benchmark CRISIL Hybrid 35+65 - Aggressive Index
    Fund Manager Rahul Baijal
    Risk Factor Moderately high

    Investment objective of Sundaram Equity Hybrid Fund

    This fund focuses on generating capital appreciation and current income by investing the money in a mix of equities and fixed income securities.

    Who is Sundaram Equity Hybrid Fund suitable for?

    This fund is suitable for investors who want long-term capital growth as well as current income through a mix of investments.

  21. Sundaram Global Advantage Fund
  22. Fund Type Open-ended fund of fund scheme
    Entry Load N/A
    Min. Initial investment Rs.500
    Min. Additional Purchase Rs.500
    Exit Load
    • If the units are redeemed within 12 months from the date of allotment, an exit load of 1% of the NAV is charged by the company.
    • For units redeemed over 12 months from the date of allotment, there is no exit load.
    Benchmark MSCI EM Index
    Fund Manager S. Krishna Kumar and Rohit Seksaria
    Risk Factor High

    Investment objective of Sundaram Global Advantage Fund

    This fund focuses on generating capital appreciation by investing in overseas funds and ETFs.

    Who is Sundaram Global Advantage Fund suitable for?

    This fund is suitable for investors who want long-term capital growth.

  23. Sundaram Smart NIFTY 100 Equal Weight
  24. Fund Type Open-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000 and multiples of Re.1 thereafter
    Min. Additional Purchase -
    Exit Load Nil
    Benchmark NIFTY 100 Equal Weighted Index
    Fund Manager S. Bharath
    Risk Factor Moderately high

    Investment objective of Sundaram Smart NIFTY 100 Equal Weight

    This fund focuses on investing in NIFTY 100 Equal Weighted Index and generating returns.

    Who is Sundaram Smart NIFTY 100 Equal Weight suitable for?

    This is a passive management policy where rebalancing is done on a quarterly basis. Investors who wish to invest in companies that are NIFTY 100 Equal Weight constituents can invest in this fund.

  25. Sundaram Top 100
  26. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark Nifty 100 Index
    Fund Manager Rahul Baijal
    Risk Factor Moderately high

    Investment objective of Sundaram Global Advantage Fund

    This fund focuses on generating capital appreciation by investing in equity or equity-related instruments of companies that are deemed as eligible securities as per the Rajiv Gandhi Equity Savings Scheme 2012.

    Who is Sundaram Global Advantage Fund suitable for?

    This fund is suitable for investors who want long-term capital growth through equity investments. Tax relief is available as per section 80CCG of the Income Tax Act of 1961.

  27. Sundaram Value Fund
  28. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark S&P BSE 500 Index
    Fund Manager Series I: S.Krishnakumar Series II & III: S. Krishna Kumar and Mr. Madanagopal Ramu Series VII - X: S.Krishnakumar, Madangopal Ramu (Equity), and Mr. Dwijendra Srivastava (Fixed Income)
    Risk Factor Moderately high

    Investment objective of Sundaram Value Fund

    Certain stocks will be trading below their intrinsic value irrespective of the market cycles. This fund uses a fundamental analysis to invest in those stocks and generate long-term capital growth. This fund can be used for investments across all cycles.

    Who is Sundaram Value Fund suitable for?

    This fund is suitable for investors who want capital appreciation through investment in a diversified portfolio of stocks.

  29. Sundaram Select Small Cap
  30. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark S&P BSE Smallcap Index
    Fund Manager S.Krishnakumar
    Risk Factor Moderately high

    Investment objective of Sundaram Select Small Cap

    This small cap fund focuses on overcoming market volatility issues, and enable growth in the medium to long term. It focuses on generating long-term capital growth through equity investments in various small cap companies in the market.

    Who is Sundaram Select Small Cap suitable for?

    This fund is suitable for investors who want capital growth by investing in equity instruments of small cap companies.

  31. Sundaram Select Micro Cap
  32. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark S&P BSE Smallcap Index
    Fund Manager S. Krishna Kumar and Rohit Seksaria
    Risk Factor Moderately high

    Investment objective of Sundaram Select Micro Cap

    This small cap fund focuses on long-term capital growth by investing in various equity or equity-related instruments of companies that are termed as micro caps.

    Who is Sundaram Select Micro Cap suitable for?

    This fund is suitable for investors who have a higher risk appetite and wish to invest in a well-diversified portfolio.

  33. Sundaram Long Term Tax Advantage Fund
  34. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark S&P BSE 500 Index
    Fund Manager Series I & II: S. Krishna Kumar and Madanagopal Ramu Series III: S. Krishnakumar and Dwijendra Srivastava
    Risk Factor Moderately high

    Investment objective of Sundaram Long Term Tax Advantage Fund

    This fund focuses on capital appreciation over a period of 10 years. This fund has a lock-in period of three years. It generates capital appreciation through investments in equity and equity-related instruments.

    Who is Sundaram Long Term Tax Advantage Fund suitable for?

    This fund is suitable for investors who seek capital appreciation through equity investments over a period of 10 years. Investors also get tax relief by investing in this fund.

  35. Sundaram World Brand Fund
  36. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark MSCI ACWI Index
    Fund Manager S. Krishna Kumar and Rohit Seksaria
    Risk Factor High

    Investment objective of Sundaram World Brand Fund

    This fund provides access to various global brands by investing in equity and equity instruments after performing various qualitative and quantitative analyses. This close-ended equity scheme invests in stocks listed in recognized global stock exchanges in the world.

    Who is Sundaram World Brand Fund suitable for?

    This fund is suitable for investors who seek capital appreciation through investments in overseas stock exchanges.

  37. Sundaram Emerging Small Cap
  38. Fund Type Close-ended equity scheme
    Entry Load N/A
    Min. Initial investment N/A
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark Series I - S&P BSE Small Cap Index. Series II & III - S&P BSE 250 Small Cap Index
    Fund Manager S. Krishna Kumar
    Risk Factor Moderately high

    Investment objective of Sundaram Emerging Small Cap

    This fund focuses on gaining capital appreciation through equity investment in companies that are termed as small caps. This is a five-year fund that invests in a diversified portfolio of growth oriented stocks.

    Who is Sundaram Emerging Small Cap suitable for?

    This fund is suitable for investors who seek long-term capital growth through small cap equity investments.

Fixed income funds offered by Sundaram Mutual Fund

The following fixed income funds are offered by Sundaram Mutual Fund:

  1. Sundaram Money Fund
  2. Fund Type Open-ended liquid scheme
    Entry Load N/A
    Min. Initial investment Rs.1,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL Liquid Fund Index
    Fund Manager Dwijendra Srivastava, Siddharth Chaudhary
    Risk Factor Low

    Investment objective of Sundaram Money Fund

    This fund aims to offer a consistent level of income via investments made in money market instruments and debt securities. This low-risk fund focuses on preservation of capital while providing liquidity.

    Who is Sundaram Money Fund suitable for?

    This fund is ideal for people who look for short term income generated through low risk investments.

  3. Sundaram Low Duration Fund
  4. Fund Type Open-ended low duration debt scheme
    Entry Load N/A
    Min. Initial investment Rs.1,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL Ultra Short Term Debt Index
    Fund Manager Dwijendra Srivastava, Siddharth Chaudhary
    Risk Factor Moderately low

    Investment objective of Sundaram Low Duration Fund

    This fund aims to provide income investments made in money market instruments and debt securities. This fund aims to provide higher returns than Money Fund over a three-month period.

    Who is Sundaram Low Duration Fund suitable for?

    This fund is ideal for people who look for short term income generated through moderately low risk investments.

  5. Sundaram Banking & PSU Debt Fund
  6. Fund Type Open-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.1 lakh
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL AAA Short Term Bond Fund Index
    Fund Manager Dwijendra Srivastava, Siddharth Chaudhary
    Risk Factor Moderately low

    Investment objective of Sundaram Banking & PSU Debt Fund

    This fund aims to generate income and capital appreciation by investing in debt and money market securities issued by various banking firms, public financial institutions, and public sector undertakings.

    Who is Sundaram Banking & PSU Debt Fund suitable for?

    This fund is ideal for people who seek short-term income through investments in instruments issued by banks and public sector undertakings.

  7. Sundaram Short Term Credit Risk Fund
  8. Fund Type Open-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL A Short Term Bond Index 15%; CRISIL AA Short Term Bond Index 35%, and CRISIL Ultra Short Term Bond Index 50%
    Fund Manager Sandeep Agarwal
    Risk Factor Moderate

    Investment objective of Sundaram Short Term Credit Risk Fund

    This fund aims to generate high yields through fixed income securities. The secondary objective of this fund is capital appreciation. The returns of this fund are primarily generated through accrual income and limited capital gain.

    Who is Sundaram Short Term Credit Risk Fund suitable for?

    This fund is ideal for people who seek high yield and capital appreciation.

  9. Sundaram Short Term Debt Fund
  10. Fund Type Open-ended short term debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL Short Term Bond Fund Index
    Fund Manager Dwijendra Srivastava, Sandeep Agarwal
    Risk Factor Moderately low

    Investment objective of Sundaram Short Term Debt Fund

    This mutual funds has the primary objective of generating regular income through investment in fixed income securities. The income generated through this fund is either paid as dividend or reinvested based on an investor’s preference. The secondary objective of this fund is to maintain the value of units stable.

    Who is Sundaram Short Term Debt Fund suitable for?

    This fund is ideal for people who seek income and capital appreciation through investments made in a portfolio of fixed income securities.

  11. Sundaram Corporate Bond Fund
  12. Fund Type Open-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL AAA Medium Term Bond Index
    Fund Manager Dwijendra Srivastava, Sandeep Agarwal
    Risk Factor Moderate

    Investment objective of Sundaram Short Term Debt Fund

    This fund focuses on generating returns through a portfolio of fixed income and money market instruments. This fund also aims to keep the interest rate risk low. Investments are primarily made in AA+ and above rated corporate bonds.

    Who is Sundaram Short Term Debt Fund suitable for?

    This fund is ideal for people who seek income and capital appreciation by investing in a portfolio of fixed income securities and money market instruments.

  13. Sundaram Medium Term Bond Fund
  14. Fund Type Open-ended medium term debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load 1% of the NAV if the units are redeemed within one year from the date of allotment
    Expense Ratio Regular: 2.00% Direct: 0.81%
    Benchmark CRISIL AAA Medium Term Bond (60%) and CRISIL AA Medium Term Bond (40%)
    Fund Manager Dwijendra Srivastava, Sandeep Agarwal
    Risk Factor Moderate

    Investment objective of Sundaram Medium Term Bond Fund

    This primary objective of this fund is to generate regular income for investors through investments in fixed income securities. The secondary objective of this fund is to keep the value of its units relatively stable. This fund focuses on both income accrual and capital appreciation.

    Who is Sundaram Medium Term Bond Fund suitable for?

    This fund is ideal for people who seek accrual income and capital appreciation over medium or long term.

  15. Sundaram Debt Oriented Hybrid Fund
  16. Fund Type Open-ended hybrid scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000
    Min. Additional Purchase N/A
    Exit Load Nil
    Expense Ratio Regular: 2.12% Direct: 0.46%
    Benchmark CRISIL Hybrid 85+15 Conservative Index
    Fund Manager Dwijendra Srivastava, Siddharth Chaudhary, Sandeep Agarwal, Krishna Kumar and Rohit Seksaria
    Risk Factor Moderately high

    Investment objective of Sundaram Debt Oriented Hybrid Fund

    This primary objective of this fund is to generate regular income for investors through investments in fixed income securities. A certain portion of the money generated through this way is set aside for capital appreciation through equity investment. Investors can get regular monthly income through the investment they made in this fund.

    Who is Sundaram Debt Oriented Hybrid Fund suitable for?

    This fund is ideal for people who seek accrual income and capital appreciation over medium or long term.

  17. Sundaram Fixed Term Plan
  18. Fund Type Close-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000 and in multiples of Rs.10 thereafter
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL Composite Bond Fund Index
    Fund Manager Sandeep Agarwal
    Risk Factor Moderately high

    Investment objective of Sundaram Fixed Term Plan

    This is a debt scheme that has a fixed maturity date. The returns are generated through investments in debt and money market instruments that mature on or before the date of maturity of this scheme. The level of risk is minimized by investing in fixed-income securities. A part of the returns generated is invested in equity for capital appreciation.

    Who is Sundaram Fixed Term Plan suitable for?

    This fund is ideal for people who seek income and capital appreciation over medium to long term.

  19. Sundaram Hybrid Fund Plan
  20. Fund Type Close-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000 and in multiples of Rs.10 thereafter
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL MIP Blended Index
    Fund Manager Siddharth Chaudhary and Shiv Chanani
    Risk Factor Moderately high

    Investment objective of Sundaram Hybrid Fund Plan

    This fund comes with a fixed maturity date, and it focuses mainly on investing in debt and money market instruments that mature on or before the date of the maturity of this scheme. This fund comes with a lock-in period of 3 years.

    Who is Sundaram Hybrid Fund Plan suitable for?

    This fund is ideal for people who seek long-term capital growth through investment in debt and money market instruments.

  21. Sundaram Capital Protection Oriented Fund
  22. Fund Type Close-ended debt scheme
    Entry Load N/A
    Min. Initial investment Rs.5,000 and in multiples of Rs.10 thereafter
    Min. Additional Purchase N/A
    Exit Load Nil
    Benchmark CRISIL MIP Blended Index
    Fund Manager Siddharth Chaudhary and Shiv Chanani
    Risk Factor Moderate

    Investment objective of Sundaram Hybrid Fund Plan

    This fund focuses on investing in a portfolio of fixed-income securities to minimize the risk of capital loss. Investments are primarily made in AAA rated high safety interest bearing bonds. A part of the assets are also invested in equity and equity-related instruments to ensure capital appreciation.

    Who is Sundaram Hybrid Fund Plan suitable for?

    This fund is ideal for people who seek income and capital appreciation over medium to long term.

    Saving tax by investing in tax saving mutual funds by Sundaram Mutual Fund

    Sundaram Mutual Fund offers tax saving funds for investors to avail tax relief on the investments they make. Here, tax relief is offered as per Section 80C of the Income Tax Act of 1961. Some of the tax saving mutual funds offered by Sundaram Mutual Fund are listed as follows:

    • Sundaram Diversified Equity
    • Sundaram Long Term Tax Advantage Fund

Who is eligible for Sundaram Mutual Funds?

Sundaram Mutual Funds can be bought by any of the following entities:

  • Resident Indians
  • Non-resident Indians
  • Private companies
  • Partnership firms
  • Banking firms
  • Public financial institutions
  • Foreign institutional investors
  • Hindu undivided families (HUFs)
  • Insurance companies
  • Parents or guardians (in case of funds bought for minors)

Documents required for investing in Sundaram Mutual Fund

The following list of documents are required for investing in Sundaram Mutual Fund:

  • Application form
  • ID proof (Any government issued identity cards such as voter id, driving license, passport, etc.)
  • Address proof
  • KYC documents

Online KYC documents:

  • Recent passport size photographs
  • Self attested PAN card copy
  • Self attested address proof copy (for Indian residents)
  • Overseas address copy and passport copy (for NRIs)
  • Signature in a small piece of paper

How to invest in Sundaram Mutual Fund online?

The step-by-step instruction of how to invest in Sundaram Mutual Fund can be given as follows:

  1. Visit the homepage of ‘Sundaram Mutual’ through the website: https://www.sundarammutual.com
  2. Here, you can choose between ‘existing investor’ or ‘first time investor’ to proceed with the appropriate investment choice.
  3. If you are a first time investor, you may have to generate an online folio by providing your details.
  4. Once you click on ‘first time investor’, you will be taken to a declaration page where you have to authorise the company to use your signature and documents for validation purposes.
  5. Following the declaration, you have to fill in your basic details such as PAN number, date of birth, mobile number, Aadhar number, and email id. The names of additional applicants to the fund can also be added in the same page.
  6. Once you have created your account in the website, you can login into your account and choose the funds in which you wish to invest. For any doubts in the investment process, you can call the company’s customer service or the fund management office for further guidance.

Why choose Sundaram Mutual Fund?

Sundaram Asset Management has over 20 years of background in providing finance-related services for its customers. Its parent company Sundaram Finance Limited is one of the largest non-banking financial service providers in India. The company is currently managing assets worth over Rs.28,000 crore in different parts of the country. Considering the size of the company, Sundaram Mutual Fund is one of the most stable firms for buying mutual funds in India. Most importantly, the company offers a diverse range of products to cater to the investment needs of its customers. The company has experienced fund managers running various schemes and focuses on providing value to its customers.

Frequently asked questions

  1. Why should I invest in mutual funds?
  2. One of the highlights of mutual funds is that they come with built-in diversification. The investment you make here is not restricted to one particular type of equity stocks or debt instruments. Most funds in the market diversify their investments to ensure minimal risk to investors. There are different types of funds available based on the type of investments (equity, debt, or hybrid) one wants to make.

    Also, you don’t have to possess exceptional financial expertise for investing in mutual funds. Based on your risk appetite, you can choose the type of funds in which you want to invest. Professional fund managers with exceptional knowledge about the market manage your portfolio on your behalf. Most importantly, the returns generated through mutual funds are typically higher than other investment tools such as fixed deposits, recurring deposits, ULIPs, etc.

  3. What is AUM? How can it be used to measure a company?
  4. AUM stands for assets under management. It represents the total value of assets managed by an Asset Management Company. While AUM by itself does not guarantee any huge returns for an investor, it can be used as a measure to consider the stability for a firm. Also, companies with high assets under management typically have high trading volumes in the market and this can have a positive impact on the liquidity of a fund.

  5. What is a capital gain?
  6. A capital gain refers to the amount by which the selling price of an asset exceeds its initial purchase price. In simple terms, it refers to the profit generated from an asset. A realized capital gain means that the asset has already been sold at a profit. An unrealized capital gain means that the asset is yet to be sold but would generate a profit after sale.

  7. How can I get the proceeds from a mutual fund?
  8. Getting the proceeds from a mutual fund is quite simple. All you have to do is to make a redemption request to the company. Unless there is a specific lock-in period, you can either redeem part of your units or all your units. The returns generated from the sale of units will be transferred directly to your bank account.

  9. How can an NRI invest in Indian mutual funds?
  10. All the top mutual fund companies including Sundaram Finance have provisions for NRIs to invest in mutual funds in India. An NRI can contact the company and open an account that allows investment through different currency options. For instance, a Foreign Currency Non Resident (FCNR) account allows NRIs to purchase mutual funds in certain permitted foreign currencies such as US dollars, pounds, Australian dollars, Euro, etc. With these accounts, NRIs can make the purchases directly and manage their funds from abroad.

  11. Who is a foreign institutional investor (FII)?
  12. FII refers to a company that is registered outside India and makes investments in India’s markets. These companies have to register with SEBI before buying mutual funds and other securities in the Indian market.

  13. What is the difference between an open-ended scheme and a close-ended scheme?
  14. An open-ended scheme is a type of fund in which an investor can enter and exit at any point of time. If an investor chooses to exit the fund, the net asset value (NAV) prevailing at the particular time of redemption will be paid to the investor. People who wish to have the convenience of entering and exiting a fund whenever they want, often opt for open-ended schemes.

    A close-ended scheme is one in which the fund has a specific maturity period. Investors can subscribe to this fund only during a specific period. These funds typically work like equity stocks. Investors entering these schemes have to purchase a certain number of units from this fund. If they wish to exit, they can offer their units for sale at the NAV price. Close-ended schemes typically require lump sum investments rather than systematic investments.

  15. What is NAV? Why is it important to investors?
  16. NAV stands for net asset value. It represents the per unit market price of a mutual fund. It is calculated by adding all the present values of the fund’s equity stocks and other debt instruments and dividing it by the number of shares issued by the fund. Operating expenses such as fund manager’s salary are deducted from the fund value while calculating the NAV. Investors focus on NAV because it is the price at which they buy and sell mutual fund units.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

GST rate of 18% applicable for all financial services effective July 1, 2017.

Sundaram Mutual Fund News

  • Sundaram MF underweight on pharma and energy but confident on rural India

    While the rate of consumer goods is increasing in the rural part of the county due to urbanisation, the mutual fund companies in India are losing their interest in the pharma and energy space. According to the CEO of Sundaram Mutual Fund, Sunil Subramaniam, since the demand for consumer goods is likely to outperform the broader consumption growth in this sector, they are putting more emphasis on rural consumption compared to the pharma and energy sector. While they are considering the product-based pharma space a highly risky sector, they are quite confident about the rural sector with a 3-5 year outlook.

    31 May 2018

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.