Sundaram Mutual launches Sundaram Equity Fund: A Multi Cap Fund

August 13, 2019, MUMBAI: Sundaram Mutual has announced the launch of its new open-ended equity scheme, Sundaram Equity Fund. This NFO (New Fund Offer), is a scheme in the multi-cap category and it opens for subscription on August 16, 2019 and closes on August 30, 2019. The scheme reopens for ongoing subscription or redemption from September 16, 2019.

Commenting on the launch of Sundaram Equity Fund, Mr. Sunil Subramaniam, Managing Director, Sundaram Mutual said, “The objective of the scheme is to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalization.”

The fund will invest in a portfolio of 45-50 stocks of companies, using a blend of top-down and bottom-up approaches. It will adopt a Growth at Reasonable Price (GARP) methodology and combine tenets of both growth and value investing. The fund will invest in secular growth opportunities in consumption and financial services, cyclical recovery themes (investment pick-up, rate sensitives, global cyclicals) and emerging business segments.

The scheme’s asset allocation mix will be designed based on inflexion points - favorable macros (rising capacity utilization and improved manufacturing indicators), growth trajectory of corporate fundamentals, benign rates and a pick-up in credit and liquidity indicators, and a disparity in valuations within cap curves.

It has been proved across market cycles that outsized winners have come from each cap curve in the economy*. Multi caps provide the flexibility to be with the best ideas within cap curves. It is ideally suited as a part of an investor’s diversified portfolio where it can provide superior risk adjusted returns.

Sundaram Mutual has entrusted the fund management of Sundaram Equity Fund to Mr. S. Krishnakumar, CIO-Equity, as well as equity fund manager, Mr. S. Bharath. The performance of the scheme will be benchmarked against S&P BSE 500 TRI Index.

About Sundaram Asset Management Company:

Sundaram Asset Management Company, a significant player in the fund management space has assets under management of about INR 33,572 crores as on July 31, 2019. The brand has a strong retail focus with over 1.1 million active investors, 50,000 empaneled IFAs, and 93 branches across the country.

Sundaram Asset Management Company has a bouquet of thirteen equity and eleven fixed-income funds catering to diverse investor preferences.

For more information on Sundaram Mutual Fund and its products, please visit www.sundarammutual.com.

Fund Synopsis:

• Scheme Name: Sundaram Equity Fund


• Scheme Type: An open-ended equity scheme investing across large cap, mid cap, small cap stocks


• Investment Objective: The investment objective of the scheme is to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalization

Asset Allocation:

• Benchmark: S&P BSE 500 TRI Index


• Fund Managers: S. Krishnakumar, S. Bharath (Equity), Dwijendra Srivastava (Fixed Income), Rohit Seksaria (Overseas)


• Minimum Application Amount: For both Regular and Direct Plan: Rs. 100/- and multiples of Re. 1/- thereafter per application.

Load Structure

• Entry Load: N/A


• Exit Load: For redemption within 12 months from the date of allotment: 1%. For redemption on or after 12 months from the date of allotment: Nil


• New Fund Offer Period: The Scheme will open for subscription on 16/08/2019 and close on 30/08/2019.