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3 star

Sundaram Medium Term Bond Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.72 0.04 0.08 0.32 0.90 1.77 2.95 6.70 5.86 7.22 --
VR Bond 2.70 0.08 0.12 0.88 1.78 2.08 3.24 6.55 5.53 6.78 --
Debt: Medium Duration 5.48 0.07 0.14 0.47 1.42 3.59 5.97 6.23 6.38 7.62 --
Rank within category 18 14 18 18 17 17 18 8 8 6 --
Number of funds in category 18 19 19 19 19 18 18 14 13 10 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Medium Term Bond Fund - Direct Plan
3 star
Jan-13 2.95 6.70 5.86 1.14% 66
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.71 9.90 8.79 0.68% 10,740
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.42 9.33 7.96 0.68% 7,214
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.19 9.22 7.66 0.59% 4,193
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 3.54 8.58 7.32 0.76% 3,980

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.53 19-Aug-2013 - 26-Aug-2013 -3.76 12-Aug-2013 - 19-Aug-2013
Month 4.85 19-Aug-2013 - 18-Sep-2013 -5.37 19-Jul-2013 - 19-Aug-2013
Quarter 6.69 12-Sep-2014 - 12-Dec-2014 -7.78 20-May-2013 - 19-Aug-2013
Year 16.51 26-Feb-2014 - 27-Feb-2015 1.03 25-Feb-2015 - 25-Feb-2016

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.72 2.59 1.10 1.59 0.83 0.72
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Medium Duration 6.32 4.86 1.05 1.42 0.46 1.26
Rank within category 8 6 7 7 13 8
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 16 9 38
Modified Duration (yrs) 2.88 3.64 2.88 --
Average Maturity (yrs) 3.52 5.15 3.52 --
Yield to Maturity (%) 5.41 5.55 4.79 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 15.01 15.01
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 15.00 15.00
equal 8.55% Bank of Baroda Additional Tier 2 Bond AAA 6.26 - 8.07 8.07
equal 7.52% REC 2026 Bonds AAA 0.00 - 7.96 7.96
equal 7.99% Power Finance Corporation 20/12/2022 Debenture AAA 6.13 - 7.82 7.82
equal 6.79% Housing & Urban Development Corporation 14/04/2023 Non Convertible Debenture AAA 0.00 - 7.75 7.75
equal 5.44% Chennai Petroleum Corporation 24/06/2024 Debenture AAA 0.00 - 7.49 7.49
equal 6.44% HDFC Bank 27/09/2028 Non Convertible Debenture AAA 0.00 - 7.47 7.47
equal 5.15% GOI 2025 GOI Securities SOV 5.87 - 15.63 7.46

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Dwijendra Srivastava since 02-Jan-2013

Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Funds Managed:

— Sandeep Agarwal since 02-Jan-2013

Education: Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.

Experience: Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.

Funds Managed:


0.04%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 63.8171

IDCW Yearly: ₹ 13.4586

IDCW Quarterly: ₹ 23.5514


Investment Strategy

The scheme seeks to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 02-Jan-2013
Return Since Launch: 7.56%
Benchmark: NIFTY Medium Duration
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 66 Cr (As on 31-Oct-2021)
Expense: 1.14% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly27-Sep-20210.0750

 28-Jun-20210.1500
 25-Mar-20210.1500
 22-Dec-20200.1500
 24-Sep-20200.1500
 22-Jul-20200.1500
 26-Mar-20200.1080
 30-Dec-20190.1080
 26-Sep-20190.1080
 26-Jun-20190.1080
 26-Mar-20190.1080
 20-Dec-20180.1080
 26-Sep-20180.1080
 26-Jun-20180.1080
 27-Mar-20180.1083
 19-Dec-20170.1083
 21-Sep-20170.1083
 27-Jun-20170.1083
 27-Mar-20170.1083
 21-Dec-20160.1083
 23-Sep-20160.1083
 21-Jun-20160.1083
 22-Apr-20160.1083
 22-Jan-20160.0903
 17-Sep-201418.3152
IDCW Yearly25-Mar-20210.6000

 26-Mar-20200.4322
 26-Mar-20190.4322
 27-Mar-20180.4334
 27-Mar-20170.4334
 22-Jan-20160.3611
 17-Sep-20140.7720
 28-May-20131.9152

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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