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Sundaram Corporate Bond Fund - Regular Plan

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Debt: Corporate Bond

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1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). 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 -0.42 0.06 0.18 0.33 -0.17 2.19 7.92 8.89 8.55 9.38 7.90
VR Bond -0.86 -0.05 0.06 -0.34 -0.65 0.81 4.13 7.02 6.85 7.46 7.34
Debt: Corporate Bond -0.60 0.03 0.08 0.03 -0.34 2.03 6.68 7.52 7.64 8.28 8.11
Rank within category 8 1 1 2 8 9 6 4 3 1 4
Number of funds in category 21 21 21 21 21 20 20 15 14 11 8

As on 08-Mar-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Corporate Bond Fund - Regular Plan
3 star
 Dec-04 7.92 8.89 8.55 0.54 1,240
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 8.04 8.91 8.70 0.61 29,251
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 8.84 8.98 8.64 0.45 25,324
IDFC Corporate Bond Fund - Regular Plan
4 star
 Jan-16 8.32 8.16 8.21 0.58 22,999
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
 Jun-09 8.20 8.49 8.27 0.59 19,676

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.75 19-Aug-2013 - 26-Aug-2013 -4.84 12-Aug-2013 - 19-Aug-2013
Month 6.06 19-Aug-2013 - 18-Sep-2013 -6.45 17-Jun-2013 - 17-Jul-2013
Quarter 7.43 24-Mar-2020 - 24-Jun-2020 -11.02 20-May-2013 - 19-Aug-2013
Year 17.27 04-Mar-2014 - 04-Mar-2015 -4.61 17-Aug-2012 - 19-Aug-2013

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.58 2.66 1.50 2.50 0.85 2.09
VR Bond 6.83 2.20 1.02 1.47 -- --
Debt: Corporate Bond 7.37 2.98 1.32 2.15 0.62 1.40
Rank within category 4 10 7 7 13 7
Number of funds in category 15 15 15 15 15 15

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

As on 28-Feb-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 53 55 47 52
Modified Duration (yrs) 1.96 2.65 1.96 --
Average Maturity (yrs) 2.22 2.97 2.22 --
Yield to Maturity (%) 4.83 6.60 4.43 --
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 9.05% HDFC 20/11/2023 Debenture AAA 3.89 - 4.49 4.43
equal 8.42% Tamilnadu State 25/07/2023 State Development Loan SOV 4.05 - 5.59 4.37
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 5.07 4.17
equal 4.79% HPCL 23/10/2023 Debenture AAA 0.00 - 4.03 4.03
equal 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 3.74 3.74
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 4.09 2.94
equal 4.48% GOI 2023 GOI Securities SOV 0.00 - 2.82 2.82
equal 9.19% LIC Housing Fin. 2023 Non Convertible Debenture AAA 2.44 - 3.85 2.63
equal 8.48% LIC Housing Fin. 2023 Bonds AAA 2.40 - 3.24 2.59
equal 6.72% National Bank Agr. Rur. Devp 14/04/2023 Bonds/NCDs AAA 0.00 - 3.06 2.51
equal 5.95% HUDCO 2023 Debenture AAA 0.00 - 3.01 2.47
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 0.00 - 3.01 2.47
equal 9.25% Maharashtra State 2023 State Development Loan SOV 2.07 - 2.87 2.24
equal 8.83% IRFC 25/03/2023 Bonds AAA 2.02 - 2.82 2.18
down 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 3.27 2.17
equal 8.73% NTPC 2023 Bonds AAA 2.02 - 2.81 2.17
equal REC 2023 Bonds AAA 2.00 - 2.76 2.17
equal 8.84% Power Finance Corp. 2023 Bonds AAA 2.00 - 2.76 2.17
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 1.99 - 2.68 2.16
equal 6.79% HUDCO 14/04/2023 Non Convertible Debenture AAA 0.00 - 3.29 2.10
equal 6.59% IRFC 14/04/2023 Debenture AAA 0.00 - 2.09 2.09
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 3.46 2.08
equal 5.90% LIC Housing Fin. 2023 Zero Coupon Bonds AAA 0.00 - 3.78 2.05
equal 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 1.62 - 2.25 1.74
equal 7.04% Power Finance Corp. 14/04/2023 Non Convertible Debenture AAA 0.47 - 2.04 1.68

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-Jan-2021

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 01-Jun-2012

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:

0.06%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 31.0624

Dividend Yearly: ₹ 15.2523

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Dividend Quarterly: ₹ 16.3884

Dividend Monthly: ₹ 14.2337

Dividend Half Yearly: ₹ 15.3374

Investment Strategy

The scheme seeks to generate income and capital appreciation by investing predominantly in AA+ and above rated corporate 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 (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 30-Dec-2004
Return Since Launch: 7.25%
Benchmark: CRISIL AAA Medium-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,240 Cr (As on 31-Jan-2021)
Expense: 0.54% (As on 31-Jan-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-Feb-20210.0200

 29-Jan-20210.0200
 24-Dec-20200.0200
 27-Nov-20200.0200
 29-Oct-20200.0200
 25-Sep-20200.0200
 28-Aug-20200.0200
 31-Jul-20200.0200
 26-Jun-20200.0200
 29-May-20200.0200
 24-Apr-20200.0200
 27-Mar-20200.0144
 28-Feb-20200.0144
 31-Jan-20200.0144
 29-Nov-20190.0144
 25-Oct-20190.0144
 27-Sep-20190.0144
 30-Aug-20190.0144
 26-Jul-20190.0144
 28-Jun-20190.0144
 31-May-20190.0144
 26-Apr-20190.0144
 29-Mar-20190.0144
 22-Feb-20190.0144
 25-Jan-20190.0144
Dividend Quarterly22-Dec-20200.1500

 24-Sep-20200.1500
 16-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
 23-Mar-20160.1083
 30-May-20132.8538
 07-Jul-20100.1318
 31-Mar-20100.1051
 02-Jan-20090.1752
 28-Mar-20080.1752
Dividend Half Yearly24-Sep-20200.3000

 26-Mar-20200.2161
 26-Sep-20190.2161
 26-Mar-20190.2161
 26-Sep-20180.2161
 27-Mar-20180.2167
 21-Sep-20170.2167
 27-Mar-20170.2167
 23-Sep-20160.2167
 23-Mar-20160.2167
 30-May-20131.8920
 31-Mar-20100.2190
 28-Mar-20080.3066
 24-Dec-20070.3066
 20-Jul-20070.2628
 24-Jul-20060.4691
 09-Nov-20050.2105
Dividend Yearly26-Mar-20200.4322

 26-Mar-20190.4322
 27-Mar-20180.4334
 27-Mar-20170.4334
 23-Mar-20160.4334
 30-May-20132.3493
 31-Mar-20100.4380
 28-Mar-20080.4818
 20-Jul-20070.4818
 24-Jul-20060.6723

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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