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Sundaram Banking & PSU Debt Fund - Regular Plan

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Debt: Banking and PSU

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1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 7.32 0.01 0.07 0.35 1.27 3.17 7.52 7.70 7.64 8.03 8.35
CCIL T Bill Liquidity Weight 2.98 0.02 0.04 0.21 0.63 1.18 3.20 3.90 4.12 4.53 4.75
Debt: Banking and PSU 9.52 -0.01 0.21 0.75 2.37 4.62 9.62 8.65 8.49 8.75 8.78
Rank within category 18 6 21 20 20 18 18 15 -- -- --
Number of funds in category 19 21 21 21 20 19 19 16 14 10 3

As on 27-Nov-2020

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
3 star
 Dec-04 7.52 7.70 7.64 0.36 1,654
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
 Mar-13 10.68 9.75 8.66 0.65 19,780
Axis Banking & PSU Debt Fund
5 star
 Jun-12 9.39 9.29 8.72 0.62 18,606
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
 Dec-98 10.27 9.22 8.86 0.76 10,286
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
 May-15 10.61 9.15 8.83 0.80 7,396

Best & Worst Performance

Best (Period) Worst (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) -0.41 (06-Apr-2018 - 06-Jul-2018)
Year 11.60 (31-Oct-2018 - 31-Oct-2019) 2.80 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.37 1.92 1.25 2.01 2.60 5.20
CCIL T Bill Liquidity Weight 3.89 0.32 -3.35 -6.53 -- --
Debt: Banking and PSU 8.18 2.40 1.44 2.91 1.99 5.36
Rank within category 16 2 14 16 15 9
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-Oct-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 46 48 35 84
Modified Duration (yrs) 0.71 1.57 0.71 2.84
Average Maturity (yrs) 0.75 1.66 0.75 3.68
Yield to Maturity (%) 3.72 6.51 3.72 5.03
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
equal 8.40% SIDBI 2021 Debenture AAA 6.51 - 7.82 6.96
equal 7.65% IRFC 15/03/2021 Debenture AAA 5.44 - 6.78 6.16
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 4.53 - 6.10 5.92
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 5.08 - 9.14 5.30
equal 7.15% HDFC 16/09/2021 Debenture AAA 4.73 - 6.61 5.28
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 4.59 - 8.95 4.79
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 4.25 4.25
equal 7.24% REC 21/10/2021 Debenture AAA 2.97 - 4.60 3.43
equal 8.37% National Bank Agr. Rur. Devp 2021 Debenture AAA 3.00 - 4.27 3.12
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 1.84 - 3.19 3.11
equal 6.91% NHPC 15/09/2021 Debenture AAA 2.98 - 4.19 3.10
equal Export-Import Bank 22/04/2021 Certificate of Deposit A1+ 0.00 - 2.97 2.97
equal Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 2.93 2.67
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 2.79 2.49
equal 8.64% Power Grid Corporation 2021 Bonds AAA 2.13 - 3.06 2.22
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 1.18 - 2.23 2.17
equal 8.00% Export-Import Bank 27/05/2021 Bonds AAA 1.19 - 2.35 1.86
equal 8.50% SIDBI 21/06/2021 Debenture AAA 1.58 - 2.30 1.69
equal 8.84% Power Grid Corporation 21/10/2021 Bonds AAA 1.52 - 2.17 1.58
equal 8.25% LIC Housing Fin. 17/09/2021 Non Convertible Debenture AAA 1.50 - 2.11 1.57
equal 7.14% REC 2021 Bonds AAA 1.49 - 2.09 1.56
equal 8.50% NHPC 14/07/2021 Bonds/Debentures AAA 1.50 - 2.14 1.56
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 1.90 1.55
equal 6.57% LIC Housing Fin. 13/07/2021 Debenture AAA 0.00 - 1.72 1.54
down Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 3.64 1.50

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-2020

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:

— Siddharth Chaudhary since 01-Jun-2012

Education: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).

Experience: Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.

Funds Managed:

0.01%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 33.5623

Dividend Weekly: ₹ 12.0737

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Dividend Monthly: ₹ 11.5468

Dividend Daily: ₹ 10.3778

Bonus: ₹ 16.9246

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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 30-Dec-2004
Return Since Launch: 7.90%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 1,654 Cr (As on 31-Oct-2020)
Expense: 0.36% (As on 31-Oct-2020)
Risk Grade: Low
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Nov-20200.0020

 26-Nov-20200.0020
 25-Nov-20200.0020
 24-Nov-20200.0020
 23-Nov-20200.0060
 20-Nov-20200.0020
 19-Nov-20200.0020
 18-Nov-20200.0020
 17-Nov-20200.0080
 13-Nov-20200.0020
 12-Nov-20200.0020
 11-Nov-20200.0020
 10-Nov-20200.0020
 09-Nov-20200.0060
 06-Nov-20200.0020
 05-Nov-20200.0020
 04-Nov-20200.0020
 03-Nov-20200.0020
 02-Nov-20200.0080
 29-Oct-20200.0020
 28-Oct-20200.0020
 27-Oct-20200.0020
 26-Oct-20200.0060
 23-Oct-20200.0020
 22-Oct-20200.0020
Dividend Monthly27-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
 31-Jan-20200.0598
 27-Dec-20190.0109
 29-Nov-20190.0633
 25-Oct-20190.0454
 27-Sep-20190.0169
 30-Aug-20190.0542
 26-Jul-20190.0429
 28-Jun-20190.0243
 31-May-20190.0542
 29-Mar-20190.0521
 22-Feb-20190.0505
 25-Jan-20190.0436
 28-Dec-20180.0426
 30-Nov-20180.1142
 26-Oct-20180.0520
Dividend Weekly27-Nov-20200.0076

 20-Nov-20200.0111
 13-Nov-20200.0076
 06-Nov-20200.0122
 29-Oct-20200.0081
 23-Oct-20200.0094
 16-Oct-20200.0127
 09-Oct-20200.0160
 01-Oct-20200.0075
 25-Sep-20200.0095
 18-Sep-20200.0124
 04-Sep-20200.0123
 21-Aug-20200.0089
 14-Aug-20200.0125
 07-Aug-20200.0021
 31-Jul-20200.0041
 24-Jul-20200.0078
 17-Jul-20200.0178
 10-Jul-20200.0129
 03-Jul-20200.0179
 26-Jun-20200.0138
 12-Jun-20200.0124
 05-Jun-20200.0024
 29-May-20200.0053
 22-May-20200.0127

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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dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

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