May 24, 2024
mayank
Sundaram Business Cycle Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Sundaram Business Cycle Fund Open Date, Close Date?
NFO opens on June 05, 2024
NFO will close on June 19, 2024
What is the Investment Strategy?
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.
Basic Details
| Fund House | Sundaram Mutual Fund |
| Issue Open | 05 June 2024 |
| Issue Close | 19 June 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
What is the Benchmark Index of Sundaram Business Cycle Fund?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.66 | 8.07 | 37.96 | 16.79 | 10.93 |
| Total Return | 3.67 | 8.25 | 39.26 | 18.04 | 12.64 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 10.32 | 18.43 | 22.39 |
| Beta (NIFTY 50) | 0.97 | 0.95 | 0.93 |
| Correlation (NIFTY 50) | 0.94 | 0.99 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 24.73 | 4.21 | 1.02 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 6.78 |
| Reliance Industries Ltd. | 5.89 |
| ICICI Bank Ltd. | 4.79 |
| Infosys Ltd. | 3.01 |
| Larsen & Toubro Ltd. | 2.52 |
| Tata Consultancy Services Ltd. | 2.30 |
| ITC Ltd. | 2.29 |
| Bharti Airtel Ltd. | 2.04 |
| Axis Bank Ltd. | 1.96 |
| State Bank of India | 1.88 |
Performance Review of the Fund Managers of Sundaram Business Cycle Fund?
1) Ratish Varier
Education: Mr. Varier is a B.Com. & MBA (Finance)
Experience: Prior to joining Sundaram Asset Management Company, he has worked with Mahindra Asset Management, Reliance Life Insurance Company Limited.
Past Performance of his Schemes
| Fund | Sundaram Mid Cap Fund | It’s Benchmark | Sundaram Consumption Fund | It’s Benchmark |
| 1 Year | 57.78 | 60.26 | 36.00 | 39.07 |
| 3 Year | 26.65 | 27.40 | 19.43 | 19.67 |
| 5 Year | 21.41 | 27.44 | 15.96 | 19.04 |
| 7 Year | 15.04 | 20.00 | 12.26 | 16.28 |
| 10 Year | 17.71 | 21.02 | 15.53 | 15.17 |
As on 24-5-2024
2) S Bharath
Education: Mr. Bharath is a B Com (H), MBA and ICWA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with Navia Markets Ltd.
Past Performance of his Schemes
| Fund | Sundaram Aggressive Hybrid Fund | It’s Benchmark | Sundaram Conservative Hybrid Fund | It’s Benchmark |
| 1 Year | 27.41 | 22.57 | 9.52 | 13.98 |
| 3 Year | 14.80 | 14.28 | 8.61 | 9.39 |
| 5 Year | 13.97 | 14.05 | 6.85 | 9.42 |
| 7 Year | 12.22 | 13.44 | 6.25 | 9.12 |
| 10 Year | 11.79 | 12.42 | 7.95 | 9.13 |
As on 24-5-2024
3) Dwijendra Srivastava
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.
Past Performance of his Schemes
| Fund | Sundaram Arbitrage Fund | It’s Benchmark | Sundaram Balanced Advantage Fund | It’s Benchmark |
| 1 Year | 7.16 | 4.53 | 20.32 | 22.57 |
| 3 Year | 5.06 | 3.36 | 11.46 | 14.28 |
| 5 Year | 4.46 | 3.30 | 12.18 | 14.05 |
| 7 Year | 3.76 | 3.56 | 10.13 | 13.44 |
| 10 Year | — | — | 9.68 | 12.42 |
As on 24-5-2024
4) Sandeep Agarwal
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.
Past Performance of his Schemes
| Fund | Sundaram Corporate Bond Fund | It’s Benchmark | Sundaram Medium Duration Fund | It’s Benchmark |
| 1 Year | 6.55 | 6.63 | 4.51 | 6.63 |
| 3 Year | 5.01 | 5.30 | 3.20 | 5.30 |
| 5 Year | 6.92 | 5.79 | 4.32 | 5.79 |
| 7 Year | 6.69 | 5.89 | 4.66 | 5.89 |
| 10 Year | 7.85 | 6.70 | 5.96 | 6.70 |
As on 24-5-2024
Which Company Owns Sundaram Business Cycle Fund?
Sundaram Asset Management Company Ltd
Address: Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road, Royapettah Chennai – 600014
Website: http://www.sundarammutual.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Is it good to invest in Sundaram Business Cycle Fund NFO?
Guidance for Sundaram Business Cycle Fund by Paresh Gordhandas, C.A., Research Analyst.
The Sundaram Business Cycle Fund will compete with ICICI Prudential Business Cycle Fund (1 year return 49.84%), Axis Business Cycle Fund (1 year return 41.59%), HDFC Business Cycle Fund , Quant Business Cycle Fund etc. Business Cycle Fund is a comparatively new concept and hence the oldest fund with this theme is 5 years old.
The Sundaram Business Cycle Fund has the Nifty 500 as its benchmark. Hence, the Fund Managers have a huge universe from which to select companies. Hence, here the role of the Fund Manager becomes very important. The Fund has four Fund Managers to manage its working. A sample study of the performance of the Fund Managers in the other Funds managed by them is a mixed bag. The focus of the Fund will be on identifying medium term cycles which can impact the business fundamentals. Can invest a small amount.
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