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Sundaram Banking & PSU Debt Fund - Regular Plan download report


Debt: Banking and PSU

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

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
Sundaram Banking & PSU Debt Reg-G 0.04 0.02 0.29 0.11 -0.86 0.08 1.46 5.20 5.75 6.39 7.19
CCIL T Bill Liquidity Weight 0.85 0.04 0.07 0.25 0.38 0.89 1.99 2.71 3.30 3.69 4.25
Debt: Banking and PSU 0.30 0.01 0.24 0.15 -0.36 0.37 2.35 6.26 6.48 7.19 7.80
Rank within category 14 6 5 15 17 14 17 16 15 -- --
Number of funds in category 22 22 22 22 22 22 22 17 16 14 4

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Banking & PSU Debt Fund - Regular Plan
2 star
Dec-04 1.46 5.20 5.75 0.40% 790
IDFC Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Mar-13 2.78 6.85 7.19 0.62% 16,607
Axis Banking & PSU Debt Fund
5 star
Jun-12 3.11 6.48 7.10 0.62% 14,588
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 2.79 6.60 6.74 0.69% 12,046
ICICI Prudential Banking & PSU Debt Fund  | Invest Now
4 star
Jan-10 2.93 6.32 6.25 0.80% 10,344

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.06 24-Mar-2020 - 31-Mar-2020 -1.33 12-Mar-2020 - 19-Mar-2020
Month 2.69 24-Mar-2020 - 23-Apr-2020 -1.48 20-Feb-2020 - 23-Mar-2020
Quarter 5.09 24-Mar-2020 - 24-Jun-2020 -1.10 17-Mar-2022 - 16-Jun-2022
Year 11.60 31-Oct-2018 - 31-Oct-2019 1.16 15-Jun-2021 - 15-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Sundaram Banking & PSU Debt Reg-G 5.19 1.55 1.09 1.96 2.66 3.84
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Banking and PSU 6.27 2.35 1.23 2.52 2.43 4.73
Rank within category 16 1 12 13 10 16
Number of funds in category 17 17 17 17 17 17

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 25 31 20 67
Modified Duration (yrs) 1.65 2.26 0.15 --
Average Maturity (yrs) 2.02 2.60 0.15 --
Yield to Maturity (%) 6.35 6.35 3.42 --
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
up 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 6.59 6.59
equal 8.11% REC 2025 Bonds AAA 0.00 - 7.88 6.47
new Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 6.33 6.33
new Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 6.33 6.33
equal 5.95% Housing & Urban Development Corporation 2023 Debenture AAA 0.00 - 8.68 6.28
equal 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 7.31 6.07
up HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 4.97 4.97
up 7.99% HDFC 2024 Debenture AAA 0.00 - 4.50 4.50
equal 7.34% Power Grid Corporation 15/07/2024 Bonds/NCDs AAA 0.00 - 4.63 3.83
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 5.71 3.78
equal 9.58% Export-Import Bank 16/12/2023 Bonds AAA 0.00 - 3.98 3.30
new 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 0.00 - 3.18 3.18
new 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 3.18 3.18
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 3.77 3.16
equal 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 0.00 - 3.77 3.09
equal 4.64% Oil & Natural Gas Corporation 21/11/2023 Debenture AAA 0.00 - 3.69 3.09
equal 5.85% Export-Import Bank 2025 Debenture AAA 0.00 - 7.42 3.04
equal 5.23% National Bank Agr. Rur. Devp 31/01/2025 Non Convertible Debenture AAA 0.00 - 8.06 3.02
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 4.56 3.02
equal 6.09% Power Finance Corporation 27/08/2026 Non Convertible Debenture AAA 0.00 - 7.38 2.42
down 7.52% REC 2026 Bonds AAA 0.00 - 3.87 1.91
equal 6.35% Power Finance Corporation 30/06/2025 Non Convertible Debenture AAA 0.00 - 2.25 1.85
equal 5.65% Bajaj Finance 2024 Debenture AAA 0.00 - 5.69 1.85
equal 5.44% Chennai Petroleum Corporation 24/06/2024 Debenture AAA 0.00 - 1.47 1.23
equal 7.27% Nat. Highways Authority 2022 Debenture AAA 0.00 - 3.47 0.63

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-May-2022

Fund Manager

— Dwijendra Srivastava since 20-Jul-2010

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 16-May-2022

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:


0.02%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 34.6642

IDCW Weekly: ₹ 11.9986

More

IDCW Monthly: ₹ 11.4733

IDCW Daily: ₹ 10.2504

Bonus: ₹ 17.4801


Investment Strategy

The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Investment Details

Min. Investment (₹) 1,00,000
Min. Addl Investment (₹) 1,00,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 30-Dec-2004
Return Since Launch: 7.36%
Benchmark: NIFTY Banking and PSU Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 790 Cr (As on 31-May-2022)
Expense: 0.40% (As on 31-May-2022)
Risk Grade: Low
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily05-Apr-20220.0021

 04-Apr-20220.0046
 31-Mar-20220.0072
 30-Mar-20220.0015
 25-Mar-20220.0005
 24-Mar-20220.0042
 23-Mar-20220.0005
 21-Mar-20220.0075
 17-Mar-20220.0075
 16-Mar-20220.0030
 23-Feb-20220.0004
 18-Feb-20220.0092
 17-Feb-20220.0038
 14-Feb-20220.0087
 11-Feb-20220.0089
 10-Feb-20220.0254
 31-Jan-20220.0005
 25-Jan-20220.0037
 14-Dec-20210.0049
 13-Dec-20210.0018
 10-Dec-20210.0013
 09-Dec-20210.0000
 08-Dec-20210.0044
 06-Dec-20210.0036
 02-Dec-20210.0036
IDCW Weekly30-Mar-20220.0017

 25-Mar-20220.0148
 17-Mar-20220.0127
 18-Feb-20220.0254
 11-Feb-20220.0473
 17-Dec-20210.0057
 10-Dec-20210.0117
 03-Dec-20210.0133
 26-Nov-20210.0111
 18-Nov-20210.0069
 12-Nov-20210.0263
 03-Nov-20210.0017
 29-Oct-20210.0005
 24-Sep-20210.0033
 17-Sep-20210.0120
 09-Sep-20210.0027
 03-Sep-20210.0138
 27-Aug-20210.0076
 20-Aug-20210.0079
 13-Aug-20210.0091
 06-Aug-20210.0066
 30-Jul-20210.0071
 23-Jul-20210.0077
 16-Jul-20210.0081
 09-Jul-20210.0072
IDCW Monthly17-Mar-20220.0226

 17-Feb-20220.0592
 17-Dec-20210.0430
 17-Nov-20210.0318
 14-Oct-20210.0022
 17-Sep-20210.0377
 17-Aug-20210.0336
 16-Jul-20210.0326
 17-Jun-20210.0295
 17-May-20210.0347
 16-Apr-20210.0153
 26-Mar-20210.0315
 26-Feb-20210.0309
 29-Jan-20210.0214
 24-Dec-20200.0224
 27-Nov-20200.0399
 29-Oct-20200.0686
 25-Sep-20200.0378
 28-Aug-20200.0246
 31-Jul-20200.0750
 26-Jun-20200.0568
 29-May-20200.0759
 24-Apr-20200.0486
 27-Mar-20200.0310
 28-Feb-20200.0473

Contact Information

AMC: Sundaram Asset Management Company Ltd

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

Phone: 1860-425-7237

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies 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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