This is a guest login. You can create a regular account or login to an existing one.

VR Logo

Sundaram Banking & PSU Debt Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 9.65 0.26 1.87 10.53 7.41 7.73 8.04
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 4.67
Debt: Banking and PSU 9.09 0.16 1.51 9.81 7.19 7.93 8.22
Rank within category 8 3 1 8 -- -- --
Number of funds in category 17 19 18 17 15 13 2

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 1.85 (14-Mar-2009 - 13-Apr-2009) -1.32 (17-Apr-2018 - 17-May-2018)
Quarter 3.48 (09-May-2019 - 08-Aug-2019) -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 7.29 1.80 0.84 1.26 4.61 9.20
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Banking and PSU 7.08 2.09 0.74 1.43 4.95 9.57
Rank within category 8 5 7 9 6 12
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 30-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 35 35 30 69
Modified Duration (yrs) 1.56 2.16 1.56 2.61
Average Maturity (yrs) 1.64 2.36 1.64 3.39
Yield to Maturity (%) 6.45 8.42 6.45 6.80

Value Research Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 9.14 - 10.82 9.14
up 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 1.00 - 8.95 8.95
equal 8.40% SIDBI 2021 Debenture AAA 7.28 - 9.26 7.82
equal 7.65% IRFC 15/03/2021 Debenture AAA 6.52 - 7.88 6.78
down 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 5.13 - 8.21 5.13
equal 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 5.37 4.99
equal 7.14% HUDCO 22/12/2020 Non Convertible Debenture AAA 4.68 - 6.02 4.68
equal 7.24% REC 21/10/2021 Debenture AAA 4.60 - 5.46 4.60
up 8.37% National Bank Agr. Rur. Devp 2021 Debenture AAA 0.00 - 4.27 4.27
equal 6.91% NHPC 15/09/2021 Debenture AAA 4.19 - 4.95 4.19
equal 8.64% Power Grid Corporation 2021 Bonds AAA 1.76 - 3.65 3.06
down 1.50% HDFC 18/06/2020 Debenture AAA 2.63 - 4.49 2.63
equal 8.84% Power Grid Corporation 21/10/2021 Bonds AAA 2.17 - 2.60 2.17
equal 8.50% NHPC 14/07/2021 Bonds/Debentures AAA 0.00 - 2.52 2.14
equal 8.25% LIC Housing Fin. 17/09/2021 Non Convertible Debenture AAA 0.00 - 2.48 2.11
equal 7.14% REC 2021 Bonds AAA 2.09 - 2.47 2.09
new 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.08 2.08
new Axis Bank 13/11/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.96
equal 8.85% Power Grid Corporation 19/10/2021 Bonds AAA 1.74 - 2.08 1.74
equal 7.81% LIC Housing Fin. 19/10/2021 Debenture AAA 1.68 - 2.00 1.68
up 8.50% SIDBI 21/06/2021 Debenture AAA 0.32 - 2.92 1.58
equal 7.70% REC 15/03/2021 Bonds/NCDs AAA 1.51 - 2.01 1.51
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 1.52 1.41
equal 8.00% Export-Import Bank 27/05/2021 Bonds AAA 1.28 - 1.53 1.28
new 7.20% Power Grid Corporation 21/12/2021 Bonds AAA 0.00 - 1.27 1.27

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 30-Nov-2019

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:


-0.03%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 31.1568

Dividend Weekly: ₹ 11.5412

More

Dividend Monthly: ₹ 11.3258

Dividend Daily: ₹ 10.2937

Bonus: ₹ 15.7116


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 (₹) 1,00,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 250
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
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 1,207 Cr (As on 30-Nov-2019)
Expense: 0.36% (As on 31-Oct-2019)
Risk Grade: Average
Return Grade: Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily13-Dec-20190.0014

 12-Dec-20190.0014
 11-Dec-20190.0014
 10-Dec-20190.0014
 09-Dec-20190.0043
 06-Dec-20190.0014
 05-Dec-20190.0014
 04-Dec-20190.0014
 03-Dec-20190.0014
 02-Dec-20190.0043
 29-Nov-20190.0014
 28-Nov-20190.0014
 27-Nov-20190.0014
 26-Nov-20190.0014
 25-Nov-20190.0043
 22-Nov-20190.0014
 21-Nov-20190.0014
 20-Nov-20190.0014
 19-Nov-20190.0014
 18-Nov-20190.0043
 15-Nov-20190.0014
 14-Nov-20190.0014
 13-Nov-20190.0029
 11-Nov-20190.0043
 08-Nov-20190.0014
Dividend Monthly29-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
 31-Aug-20180.0450
 27-Jul-20180.0703
 29-Jun-20180.0407
 28-Mar-20180.0977
 23-Feb-20180.0004
 25-Jan-20180.0316
 24-Nov-20170.0106
 27-Oct-20170.0389
 29-Sep-20170.0215
 28-Aug-20170.0470
 28-Jul-20170.0460
 30-Jun-20170.0470
Dividend Weekly29-Nov-20190.0133

 22-Nov-20190.0100
 07-Nov-20190.0053
 01-Nov-20190.0112
 25-Oct-20190.0098
 18-Oct-20190.0086
 11-Oct-20190.0097
 04-Oct-20190.0098
 27-Sep-20190.0038
 13-Sep-20190.0081
 06-Sep-20190.0097
 30-Aug-20190.0109
 23-Aug-20190.0098
 09-Aug-20190.0097
 02-Aug-20190.0099
 19-Jul-20190.0096
 12-Jul-20190.0096
 05-Jul-20190.0095
 21-Jun-20190.0096
 14-Jun-20190.0094
 07-Jun-20190.0055
 31-May-20190.0096
 24-May-20190.0095
 17-May-20190.0096
 10-May-20190.0096

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: www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM