August 10, 2023
mayank
Sundaram Medium Term Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 67.4227
NAV IDCW Yearly: Rs 13.8995
Quarterly NAV IDCW: Rs 24.5633
Suitable For Which Investors?
“Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than 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.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy:
The scheme seeks to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.
Fund Manager:
1) 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.
2) 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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details of Sundaram Medium Term Bond Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 6.87% |
| Benchmark | NIFTY Medium Duration Debt Index C-III |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 45 Cr |
| (As on 31-Jul-2023) | |
| Expense | 1.26% |
| (As on 30-Jun-2023) | |
| Risk Grade | Above Average |
| Return Grade | Low |
Sundaram Medium Term Bond Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Medium Term Bond Dir | 3.91 | -0.02 | 0.37 | 0.88 | 3.33 | 5.77 | 3.44 | 5.39 | 5.86 | 6.90 |
| VR Bond | 4.29 | 0.06 | 0.55 | 0.96 | 3.55 | 7.19 | 3.93 | 5.92 | 5.68 | 6.72 |
| Debt: Medium Duration | 4.61 | 0.01 | 0.58 | 1.38 | 3.99 | 7.09 | 6.38 | 6.12 | 6.89 | 8.16 |
| Rank within category | 16 | 14 | 16 | 16 | 16 | 16 | 14 | 9 | 9 | 7 |
| Number of funds in category | 16 | 16 | 16 | 16 | 16 | 16 | 14 | 13 | 12 | 7 |
Sundaram Medium Term Bond Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Sundaram Medium Term Bond Dir | 1 star | 5.77 | 3.44 | 5.39 | 1.26 | 45 | 6.87 | 1.00 (365) | 10Y 7M |
| ICICI Pru Medium Term Bond Dir | 4 star | 7.61 | 6.80 | 7.85 | 0.74 | 6,531 | 8.51 | 1.00 (365) | 10Y 7M |
| Axis Strategic Bond Dir | 4 star | 7.71 | 6.58 | 7.59 | 0.34 | 1,898 | 8.60 | 1.00 (365) | 10Y 7M |
| ABSL Medium Term Dir | 5 star | 8.08 | 14.09 | 8.74 | 0.83 | 1,891 | 9.51 | 2.00 (365) | 10Y 7M |
| HSBC Medium Duration Dir | 4 star | 7.68 | 6.5 | 7.08 | 0.4 | 690 | 7.79 | — | 8Y 6M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 4 | 32 |
| Macaulay Duration (yrs) | 3.47 | 3.51 |
| Average Maturity (yrs) | 4.35 | 5.22 |
| Yield to Maturity (%) | 7.19 | 7.65 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Sundaram Medium Term Bond Fund
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
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