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3 star

Sundaram Medium Term Bond Fund - Regular Plan


Debt: Medium Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and 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.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

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 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.

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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 4.67 0.21 0.74 2.24 5.59 4.49 7.69 6.42 7.43 7.13 7.54
VR Bond 5.50 0.13 0.38 0.85 3.33 5.33 7.35 7.06 7.54 7.60 7.61
Debt: Medium Duration 3.86 0.19 0.50 2.34 4.76 3.85 6.37 5.89 7.07 7.50 7.65
Rank within category 12 10 7 10 8 13 13 7 8 6 5
Number of funds in category 17 18 18 18 18 18 16 14 13 9 7

As on 10-Jul-2020

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 - Regular Plan
3 star
Dec-97 7.69 6.42 7.43 2.18 73
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
Sep-04 10.73 7.33 8.13 1.64 4,960
SBI Magnum Medium Duration Fund  | Invest Online
5 star
Nov-03 12.67 8.98 9.58 1.22 3,384
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
Jul-03 11.60 8.38 8.51 1.43 2,973
HDFC Medium Term Debt Fund  | Invest Online
4 star
Feb-02 9.14 7.38 8.12 1.29 933

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.49 (19-Aug-2013 - 26-Aug-2013) -3.80 (12-Aug-2013 - 19-Aug-2013)
Month 8.15 (18-Nov-2008 - 18-Dec-2008) -5.53 (19-Jul-2013 - 19-Aug-2013)
Quarter 9.61 (06-Oct-2008 - 05-Jan-2009) -8.23 (20-May-2013 - 19-Aug-2013)
Year 18.94 (28-Nov-2000 - 28-Nov-2001) -2.26 (16-Oct-2003 - 15-Oct-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.00 2.50 0.28 0.46 0.81 -0.46
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium Duration 4.73 4.38 0.23 0.66 0.55 -1.37
Rank within category 7 6 7 7 13 8
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 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 22 15 32
Modified Duration (yrs) 3.69 4.25 3.17 --
Average Maturity (yrs) 5.59 6.47 4.79 --
Yield to Maturity (%) 6.01 8.84 6.01 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 10.39 10.39
equal 8.12% National Bank Agr. Rur. Devp 2033 Debenture AAA 5.81 - 7.69 7.69
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 5.62 - 7.31 7.29
equal 8.55% Bank of Baroda 14/02/2029 Non Convertible Debenture AAA 5.61 - 7.39 7.27
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 7.29 7.22
equal 7.55% IRFC 2029 Debenture AAA 0.00 - 7.24 7.21
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 7.35 7.19
equal 7.99% Power Finance Corp. 20/12/2022 Debenture AAA 0.00 - 7.23 7.07
equal 8.58% HDFC 18/03/2022 Debenture AAA 5.63 - 8.43 7.07
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 7.16 7.03
new 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 10.35 2.94
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 6.22 2.82
equal Reliance Retail Ltd. 28/06/2021 Securitised Debt AAA 2.21 - 2.89 2.81
equal Reliance Retail Ltd. 28/12/2020 Securitised Debt AAA 1.10 - 1.44 1.39
equal 10.50% Sunny View Estates 2021 Debenture A 0.00 - 0.95 0.93
equal 8.50% Vedanta 2021 Debenture AA- 0.00 - 0.80 0.80

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-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:

— 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:


0.21%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 57.1080

Dividend Yearly: ₹ 12.4909

More

Dividend Quarterly: ₹ 12.7604

Dividend Half Yearly: ₹ 12.8614

Bonus: ₹ 19.5050


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 (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load For units in excess of 25% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 18-Dec-1997
Return Since Launch: 8.02%
Benchmark: CRISIL Medium Term Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 73 Cr (As on 31-May-2020)
Expense: 2.18% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly26-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
 22-Jan-20160.1806
 17-Sep-20140.5824
 27-May-20131.9887
 18-Mar-20120.4405
 31-Mar-20100.1402
 09-Oct-20090.2190
 30-Mar-20090.4380
 28-Mar-20080.3504
 24-Dec-20070.3504
 20-Jul-20070.3066
 24-Jul-20060.1754
 09-Nov-20050.1754
 08-Apr-20050.2653
 08-Oct-20041.3266
 26-Dec-20038.2500
Dividend Quarterly26-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-20140.5456
 27-May-20131.8012
 18-Mar-20120.4405
 07-Jul-20100.1318
 31-Mar-20100.0613
 09-Oct-20090.1139
 30-Jun-20090.2190
Dividend Yearly26-Mar-20200.4322

 26-Mar-20190.4322
 27-Mar-20180.4334
 27-Mar-20170.4334
 22-Jan-20160.3611
 17-Sep-20140.5036
 27-May-20131.9375
 18-Mar-20120.4405
 31-Mar-20100.2628
 30-Mar-20090.6132
 28-Mar-20080.5694
 20-Jul-20070.4380
 24-Jul-20060.2631
 08-Apr-20050.1326
 10-Dec-20040.7960
 07-Nov-20039.0000

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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