1
Corporate Presentation
December 2017
2
PARENTAGE
Sundaram Finance
Fully Owned Subsidiaries*
JVs
Sundaram Business Services Limited
Outsourcing services
Sundaram Asset Management
Mutual Funds, Portfolio Management, AIF
Royal Sundaram General Insurance
Sundaram BNP Paribas Home
Finance Home loans
Sundaram BNP Paribas Fund
Services R & T Agent
*Not an exhaustive list
PARENT PROFILE – KEY FACTS OF SUNDARAM FINANCE
3
Pioneer in the leasing and hire purchase
business
First NBFC to be listed - in 1972
Market Cap - Rs 20,811 Crores as on
29 December 2017
615 offices; over 6,000 employees
Market cap has grown at CAGR of 30.2%
since listing
Deposits rated AAA by CRISIL and ICRA
4
SUNDARAM ASSET MANAGEMENT COMPANY – EVOLUTION AND KEY FACTS
AUM - Rs 37,350 crores as on
29 December, 2017
Ranked 14th in the Asset Management
Industry
Jointly promoted by Sundaram Finance and
Newton Asset Management
Sundaram Finance buys out Newton
JV with BNP Paribas
Sundaram Finance buys out BNP’s stake
1996
2002
2006
2010
2012
100% subsidiary established in Singapore
for Asset Management business
AUM has grown at a CAGR of 16%
over last 10 years
ASSETS UNDER MANAGEMENT - OVERALL
5
AUM Composition In Rs. Crs. AUM Growth
Data as of December 2017
13,288
12,274 12,978
15,597
20,016
22,346
29,579
37,350
10,000
15,000
20,000
25,000
30,000
35,000
40,000
Mar
20
11
Mar
20
12
Mar
20
13
Mar
20
14
Mar
20
15
Mar
20
16
Mar
20
17
Dec
201
7
Fixed Income 39%
Equity 52%
PMS 3%
International 4%
AIF 2%
6
STRONG RETAIL FOOTPRINT
Customers
Managed over 56 lakh customer folios since inception
13,69,776 active customer folios
3,78,309 customer transactions per month through Systematic Investment Plan
Geographic Footprint
89 customer care centers spread across 21 States, with offices in Singapore and Dubai
Diversified customer base – by customer folio and AUM
Distribution footprint
35,539 empaneled distributors
6,671 distributors submit purchase transactions every month
EAST, 8%
NORTH, 17%
SOUTH, 34%
WEST, 41%
Folio
EAST, 6%
NORTH, 23%
SOUTH, 30%
WEST, 41%
AUM
7
CONSISTENT TRACK RECORD OF REWARDING INVESTORS
Dividends
Strong customer preference for dividends - 4,77,733 (35%) of customer folios in dividend option
Fund % Rs. Per unit - on NAV of Rs 10
Select Midcap Fund 426 42.60
Diversified Equity 395 39.50
Balanced Fund 237.70 23.77
Select Focus 345 34.50
S.M.I.L.E 230 23.00
Many of the funds have returned multiple times the initial capital to investors
Past performance may or may not be sustained in the future
8
Investment Philosophy, Process and Risk Management
9
INVESTMENT PHILOSOPHY
Strong investment process
21 member Investment Team
Equity: 3 Fund Managers, 2 Assistant Fund Managers, 8 Analysts, 2 Dealers
Fixed Income: 3 Fund Managers, 2 Credit Analysts, 1 Dealer
1 Economist
Equity
~400 companies under coverage
~250 companies under active coverage (quarterly management visits)
Fixed Income
~350 companies covered in credit universe
10
INVESTMENT PROCESS
Fundamentals &
Management
Assessment
Fund Mangers+
Economist RESEARCH TEAM
External Research
Published Information
Company Visit
Recommended
List
Internal Investment
Committee
Dynamic Fund Portfolio
APPROVED BUY LIST
Executive
Committee
STOCK/ SECURITY
SELECTION Top-Down
Approach
Fund Themes/
Fund Positioning
Sector and Stock Limits/
Issuer & Security Allocation Limits
Bottom-Up Stock Picking/
Asset Quality Evaluation &
External Ratings Po
rtfo
lio
Co
ns
tru
cti
on
Ide
a F
low
&
Re
se
arc
h
Ap
pro
va
l
of
Sto
ck
s/ S
ec
uri
tie
s
Best Trade Execution
Risk Management
Norms
Idea
Generation
Diversification
Liquidity
ROBUST RISK MANAGEMENT PROCESS
11
Risk Management is a core and integral part our business. Our Enterprise Risk Management (ERM) framework has risk policies, guidelines and processes which holistically facilitates optimal risk exposure across functions and ensures that effective control and governance mechanisms are in place.
• Audit Committee of the board oversees the overall ERM framework. The Risk Management team, currently with four members, reports to the COO and functions independently. Investment Risks are monitored at the fund house level, individual fund portfolio level and at the specific investment level. Risk Management Team is actively involved in the overall Investment Process at all stages.
Organization
• Market Risks are managed through absolute and active exposure norms/limits to various factors such as asset class, sector, theme, duration, market cap and style; Market Risk is monitored at both security and fund portfolio levels;
Market Risks
• Internal Credit Committee oversees the credit process. Credit Analyst is independent from the fund management function and is part of the risk management team. Credit risks are managed through continuous evaluation of willingness and ability of issuer to service the debt and through company level and group level credit limits
Credit Risks
• Liquidity at both Security level and portfolio level is closely monitored and aligned with overall product risk profile. Portfolio liquidity is also relatively evaluated with respect to the investor and channel concentration in a particular fund. Changes in market volume and the impact costs are closely tracked.
Liquidity Risks
• Internal Risk Management Committee (IRMC), which has members from all department, reviews firm wide operational and cross-functional risks. Firm wide incidents are recorded, the root causes and the impacts are analyzed and the remedial preventive and corrective actions are closely tracked by the risk management team.
Operational Risks
A Monthly Risk Review is conducted by the top management to discuss firm wide investment and operational risks.
12
Equity
ASSETS UNDER MANAGEMENT – EQUITY
13
Data as of December 2017
In Rs. Crs. AUM Composition AUM Growth
9,131
7,408 5,839
5,356
8,414
8,907
12,937
19,416
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
22,000
Mar
20
11
Mar
20
12
Mar
20
13
Mar
20
14
Mar
20
15
Mar
20
16
Mar
20
17
Dec
201
7
Close ended 19%
Mid Cap & Small Cap 42%
Large Cap & Multi Cap 23%
Thematic & Sectoral
16%
14
EQUITY FUNDS – RISK RETURN SPECTRUM
LOW
Select Focus
Select Mid Cap
Rural India Equity Multiplier
Diversified Equity
Balanced
Financial Services Opportunities
SMILE
Global Advantage
Infrastructure Advantage
HIGH
Equity Plus
Micro Cap Series
Top 100
Select Small Cap
Value
World Brand
Long Term Tax Advantage
Smart NIFTY 100 Equal Weight Fund
15
Equity - Performance of Top 3 Funds
16 Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
Sundaram Select Mid Cap
I - SUNDARAM SELECT MIDCAP (INVESTS IN MID AND SMALL CAPS)
17
Value of Rs. 10,000 invested at launch One Time Investment - Returns (%)
CAGR Since Launch: 29.6% vis-a-vis benchmark return of 20.8%.
Consistently outperformed the benchmark
An investment of Rs.10,000 at launch is now worth Rs 5,47,941.
The fund has delivered higher value of Rs. 3,63,934 as compared to
the benchmark for 10,000 invested at launch
AUM: Rs. 6,593 cr
Type of Fund: Open-ended equity scheme
Returns as on December 2017; in house calculations; Benchmark: S&P BSE Midcap Index
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Manager, S.Krishnakumar, has been managing this fund since Nov 2012.
Past performance may or may not be sustained in the future
Dividend: 426% since launch No. of folios: 4.18 lakh
40.8
20.3
26.1 29.6
48.1
19.8 20.2 20.8
28.7
8.3
12.3
16.8
0
5
10
15
20
25
30
35
40
45
50
Last 1 year Last 3 years Last 5 years Since Inception
Fund Benchmark Nifty 50
-50,000
50,000
150,000
250,000
350,000
450,000
550,000
Jul-
02
Jul-
03
Jul-
04
Jul-
05
Jul-
06
Jul-
07
Jul-
08
Jul-
09
Jul-
10
Jul-
11
Jul-
12
Jul-
13
Jul-
14
Jul-
15
Jul-
16
Jul-
17
Fund Benchmark Nifty 50
3.0X
18
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 40.8 48.1 28.7
Last 3 Years 20.3 19.8 8.3
Last 5 Years 26.1 20.2 12.3
Since inception 29.6 20.8 16.8
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 14,077 14,813 12,865
Last 3 Years 17,420 17,182 12,714
Last 5 Years 31,905 25,056 17,833
Since inception 5,47,941 1,84,007 1,09,621
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since November 2012.
• Benchmark: S&P BSE Midcap Index; Additional Benchmark: Nifty 50
• Fund Manager individually manages 26 funds of the Mutual
Fund. • Performance data of Top 3 and bottom 3 funds managed
by the fund manager is provided herein. • Different plans shall
have a different expense structure. • The performance details are
provided for Regular Plan Growth Option. • Performance data is
as of December 31, 2017 • The fund manager has been
managing Select Micro Cap funds Series since inception of the
respective funds, Sundaram Select Small Cap Series II since
Nov 2014, Diversified Equity since Apr 2015 and Sundaram
Financial Services Opportunities since Dec 2017.
Performance details for other schemes managed by Mr. S. Krishnakumar
19
Sundaram S.M.I.L.E Fund
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
II - SUNDARAM S.M.I.L.E (INVESTS IN SMALL CAPS)
20
Value of Rs. 10,000 invested at launch One Time Investment - Returns (%)
CAGR Since Launch: 20.8% vis-a-vis benchmark return of 13.7%. An investment of Rs.10,000 at launch is now worth Rs 1,13,443.
The fund has delivered higher value of Rs. 61,504 as compared to
the benchmark for 10,000 invested at launch
AUM: Rs. 1,481 cr
Past performance may or may not be sustained in the future
Dividend: 230% since launch No. of folios: 1.21 lakh
Type of Fund: Open-ended equity scheme
Returns as on December 2017; in house calculations; Benchmark: S&P BSE Smallcap Index
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Manager, S.Krishnakumar, has been managing this fund since Dec 2006.
55.6
18.8
27.1
20.8
59.6
20.2 21.1
13.7
28.7
8.3 12.3 13.4
0
10
20
30
40
50
60
Last 1 year Last 3 years Last 5 years Since Inception
Fund Benchmark Nifty 50
0
20,000
40,000
60,000
80,000
100,000
120,000
Feb
-05
Sep
-05
Ap
r-0
6
No
v-06
Jun
-07
Jan
-08
Au
g-0
8
Mar
-09
Oct
-09
May
-10
Dec
-10
Jul-
11
Feb
-12
Sep
-12
Ap
r-1
3
No
v-13
Jun
-14
Jan
-15
Au
g-1
5
Mar
-16
Oct
-16
May
-17
Dec
-17
Fund Benchmark Nifty 50
2.2x
21
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 55.6 59.6 28.7
Last 3 Years 18.8 20.2 8.3
Last 5 Years 27.1 21.1 12.3
Since inception 20.8 13.7 13.4
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 15,558 15,964 12,865
Last 3 Years 16,748 17,345 12,714
Last 5 Years 33,204 26,058 17,833
Since inception 1,13,443 51,939 50,387
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since Dec 2006. •
Benchmark: S&P BSE Smallcap Index; Additional Benchmark: Nifty 50
• Fund Manager individually manages 26 funds of the Mutual
Fund. • Performance data of Top 3 and bottom 3 funds managed
by the fund manager is provided herein. • Different plans shall
have a different expense structure. • The performance details are
provided for Regular Plan Growth Option. • Performance data is as
of December 31, 2017. • The fund manager has been managing
Select Micro Cap Series since inception of the respective funds,
Sundaram Select Small Cap Series II since Nov 2014, Diversified
Equity since April 2015 and and Sundaram Financial Services
Opportunities since Dec 2017.
Performance details for other schemes managed by Mr. S. Krishnakumar
22
Sundaram Diversified Equity
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
III - SUNDARAM DIVERSIFIED EQUITY (MULTI CAP FUND)
23
Value of Rs. 10,000 invested at launch One Time Investment - Returns (%)
CAGR Since Launch: 18.5% vis-a-vis benchmark return of 13.0%.
Consistently outperformed the benchmark
An investment of Rs.10,000 at launch is now worth Rs.2,15,640.
The fund has delivered higher value of Rs.1,24,029 as compared to
the benchmark for 10,000 invested at launch
AUM: Rs. 2,563 cr
Past performance may or may not be sustained in the future
Dividend: 395% since launch No. of folios: 2.58 lakh
Type of Fund: Open-end Equity-Linked Savings Scheme (ELSS) with a 3 year lock-in period
Returns as on December 2017; in house calculations
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Manager, S.Krishnakumar, has been managing this fund since April 2015.
38.4
15.1 17.7 18.5
33.3
10.9
14.1 13.0
28.7
8.3
12.3 11.9
0
5
10
15
20
25
30
35
40
Last 1 year Last 3 years Last 5 years Since Inception
Fund Benchmark Nifty 50
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
200,000
220,000
No
v-99
Jul-
00
Mar
-01
No
v-01
Jul-
02
Mar
-03
No
v-03
Jul-
04
Mar
-05
No
v-05
Jul-
06
Mar
-07
No
v-07
Jul-
08
Mar
-09
No
v-09
Jul-
10
Mar
-11
No
v-11
Jul-
12
Mar
-13
No
v-13
Jul-
14
Mar
-15
No
v-15
Jul-
16
Mar
-17
No
v-17
Fund BSE 200 Index Nifty 50
2.4x
24
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 38.4 33.3 28.7
Last 3 Years 15.1 10.9 8.3
Last 5 Years 17.7 14.1 12.3
Since inception 18.5 13.0 11.9
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 13,844 13,326 12,865
Last 3 Years 15,252 13,649 12,714
Last 5 Years 22,533 19,299 17,833
Since inception 2,15,640 91,611 76,573
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since April 2015. •
Benchmark: S&P BSE 200 Index Additional Benchmark: Nifty 50
• Fund Manager individually manages 26 funds of the Mutual
Fund. • Performance data of Top 3 and bottom 3 funds managed
by the fund manager is provided herein. • Different plans shall
have a different expense structure. • The performance details are
provided for Regular Plan Growth Option. • Performance data is
as of December 31, 2017. • The fund manager is managing
S.M.I.L.E Fund since Dec 2006, Select Micro Cap Series since
inception of the respective funds and Select Small Cap Series II
since Nov 2014 and Financial Services Opportunities fund since
Dec 2017.
Performance details for other schemes managed by Mr. S. Krishnakumar
25
Fixed Income
ASSETS UNDER MANAGEMENT
26
Data as of December 2017
In Rs. Crs.
AUM Composition AUM Growth
3,904
4,254
6,929
9,852 10,453
11,820
14,501 14,459
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
Mar
20
11
Mar
20
12
Mar
20
13
Mar
20
14
Mar
20
15
Mar
20
16
Mar
20
17
Dec
201
7
Close ended 19%
Money 41%
Ultra Short-Term 21%
Short term 14%
Medium & Long term 5%
RISK-RETURN SPECTRUM
27
Flexible Fund – Flexible
Income Plan
Bond Saver
MIPs
GILT Fund
Ret
urn
Risk
Money Fund
Banking & PSU Debt
Ultra Short term Fund
Select Debt Short Term Asset Plan
Income Plus
Low Risk to High Risk Low Return to High Return
FTP
Capro
Hybrid
28
EMPHASIS ON CREDIT QUALITY
Data as of December 2017
G-Secs 4.4%
A1+ (short term) 55.8%
AAA (medium term) 26.6%
AA+/AA/AA- 8.0%
A+/A/A- 0.7%
Cash Equivalents 4.6%
29
Fixed Income - Performance of Top 3 Funds
30
Sundaram Money Fund
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
I - SUNDARAM MONEY FUND
31
AUM: Rs.5,988 cr
Past performance may or may not be sustained in the future
Dividend: 390% since launch No. of folios: 1.05 lakh
Rating Profile Long-term Returns (%)
CAGR Since Launch: 7.81% vis-a-vis benchmark return of 7.41%.
Consistently outperformed the benchmark
Ranked 2 by CRISIL
3 stars by Value Research Ratings Type of Fund: Open-ended liquid scheme
Returns as on December 2017; in house calculations
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Managers, Dwijendra Srivastava and Siddharth Chaudhary, have been managing this fund since July 2010 and Sep 2010 respectively.
7.81 8.17
7.50
6.62
7.41
8.12
7.45
6.66 6.40
7.74 7.12
6.35
0
1
2
3
4
5
6
7
8
9
Since Inception Last 5 years Last 3 years Last 1 year
Fund Benchmark CRISIL 91D Tbill
Sovereign, 0.6%
Highest/High Investment
Grade, 98.2%
Reverse Repo/CBLO, 0.8%
Cash & Others, 0.4%
32
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 6.62 6.66 6.35
Last 3 Years 7.50 7.45 7.12
Last 5 Years 8.17 8.12 7.74
Since inception 7.81 7.41 6.40
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 10,662 10,666 10,635
Last 3 Years 12,427 12,410 12,294
Last 5 Years 14,813 14,777 14,521
Since inception 24,755 23,681 21,139
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since July 2010. •
Benchmark: CRISIL Liquid Fund Index Additional Benchmark: CRISIL 91 D TBill
• Fund Manager jointly manages 9 funds of the Mutual Fund. •
Performance data of Top 3 and bottom 3 funds managed by the
fund manager is provided herein. • Different plans shall have a
different expense structure. • The performance details are
provided for Direct Plan Growth Option. • Performance data is as
of December 31, 2017.
Performance details for other schemes managed by Mr. Dwijendra Srivastava
33
Sundaram Ultra Short-Term Fund
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
II - SUNDARAM ULTRA SHORT-TERM FUND
34
AUM: Rs. 2,586 cr
Past performance may or may not be sustained in the future
Dividend: 390% since launch No. of folios: 22,172
Rating Profile Long-term Returns (%)
CAGR Since Launch: 8.23% vis-a-vis benchmark return of 7.52%.
Consistently outperformed the benchmark
Ranked 3 by CRISIL
2 stars by Value Research Ratings Type of Fund: Open-ended income scheme
Returns as on December 2017; in house calculations
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Managers, Dwijendra Srivastava and Siddharth Chaudhary, have been managing this fund since July 2010 and Sep 2010 respectively.
8.23 8.32
7.57
6.55
7.52 8.12
7.46
6.62 6.54
7.74 7.12
6.31
0
1
2
3
4
5
6
7
8
9
Since Inception Last 5 years Last 3 years Last 1 year
Fund Benchmark CRISIL 91D TbillSovereign, 2.7%
Highest/High Investment
Grade, 93.9%
Reverse Repo, 2.6%
Cash & Others, 0.9%
35
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 6.55 6.62 6.31
Last 3 Years 7.57 7.46 7.12
Last 5 Years 8.32 8.12 7.74
Since inception 8.23 7.52 6.54
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 10,655 10,666 10,635
Last 3 Years 12,443 12,410 12,294
Last 5 Years 14,908 14,777 14,521
Since inception 23,306 21,727 19,695
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since July 2010. •
Benchmark: CRISIL Liquid Fund Index Additional Benchmark: CRISIL 91 D TBill
• Fund Manager jointly manages 9 funds of the Mutual Fund. •
Performance data of Top 3 and bottom 3 funds managed by the
fund manager is provided herein. • Different plans shall have a
different expense structure. • The performance details are
provided for Direct Plan Growth Option. • Performance data is as
of December 31, 2017.
Performance details for other schemes managed by Mr. Dwijendra Srivastava
36
Sundaram Banking & PSU Debt Fund
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
III – SUNDARAM BANKING & PSU DEBT FUND
37
AUM: Rs. 1,180 cr
Past performance may or may not be sustained in the future
Dividend: 390% since launch No. of folios: 1,465
Rating Profile Long-term Returns (%)
CAGR Since Launch: 8.08% vis-a-vis benchmark return of 7.92%.
Type of Fund: Open-ended income scheme
Returns as on December 2017; in house calculations
The performance details are provided for Regular Plan Growth Option
Different plans shall have a different expense structure
The Fund Managers, Dwijendra Srivastava and Siddharth Chaudhary, have been managing this fund since July 2010 and Sep 2010 respectively.
8.08 8.09 7.53
6.23
7.92
8.64 8.17
6.01 6.27
7.15 7.11
5.81
0
1
2
3
4
5
6
7
8
9
10
Since Inception Last 5 years Last 3 years Last 1 year
Fund Benchmark CRISIL 1Yr Tbill
Sovereign 20.3%
Highest Investment Grade
58.2%
Reverse Repo/CBLO
19.8%
Cash & Others 1.7%
38
REGULATORY DISCLOSURES
Performance – Returns (%)
Fund (%) Benchmark (%)
Additional
Benchmark
(%)
Last 1 Year 6.23 6.01 5.81
Last 3 Years 7.53 8.17 7.11
Last 5 Years 8.09 8.64 7.15
Since inception 8.08 7.92 6.27
Rs.10,000 invested
Fund (Rs.) Benchmark (Rs.)
Additional
Benchmark
(Rs.)
Last 1 Year 10,623 10,601 10,581
Last 3 Years 12,431 12,653 12,286
Last 5 Years 14,751 15,134 14,120
Since inception 19,771 19,519 17,045
Past performance may or may not be sustained in the future Data Source: In house calculations as on December 2017
• Different plans shall have a different expense structure. • The returns are calculated on CAGR basis since inception of the scheme and for periods above one year as on
December 31, 2017 and on an absolute basis for one-year period for Regular Plan - Growth Option. • The fund manager has been managing this fund since July 2010. •
Benchmark: CRISIL Liquid Fund Index Additional Benchmark: CRISIL 91 D TBill
• Fund Manager jointly manages 9 funds of the Mutual Fund. •
Performance data of Top 3 and bottom 3 funds managed by the
fund manager is provided herein. • Different plans shall have a
different expense structure. • The performance details are
provided for Direct Plan Growth Option. • Performance data is as
of December 31, 2017.
Performance details for other schemes managed by Mr. Dwijendra Srivastava
39
Portfolio Management
ASSETS UNDER MANAGEMENT - PORTFOLIO MANAGEMENT
40
Data as of December 2017 Sundaram India Secular Opportunities Portfolio (SISOP)
Portfolio of Attractive Company’s Equity (PACE)
In Rs. Crs. AUM Composition AUM Growth
A Core and a Satellite approach, balancing Value & Growth
Concentrated set of high conviction stocks
120 130 210
390
975
1,280 1,359
1,353
0
200
400
600
800
1,000
1,200
1,400
1,600
Mar
20
11
Mar
20
12
Mar
20
13
Mar
20
14
Mar
20
15
Mar
20
16
Mar
20
17
Dec
201
7
Advisory 21%
SISOP 15%
Mid cap strategy
16% PACE 8%
Micro cap strategy
8%
Other Strategies 32%
PERFORMANCE OF TOP STRATEGIES
41
Sundaram India Secular Opportunities Portfolio (SISOP)
Value of Rs.25 Lakh invested in Model Portfolio
Sundaram Mid cap Strategy
Sundaram Portfolio of Attractive Companies Equity – (PACE)
Investing in a concentrated set of high conviction stocks that exhibit secular growth characteristic
Investing in midcap stocks that are in early stages of their business cycle
Strategy
Benchmark
Follows a Core and a Satellite approach, balancing between value and growth
Data as of December 2017
65.3 lakhs
113.3 lakhs
52.0 lakhs
71.9 lakhs
58.0 lakhs
160.1 lakhs
0
2000000
4000000
6000000
8000000
10000000
12000000
14000000
16000000
18000000
Feb
-10
Au
g-1
0
Feb
-11
Au
g-1
1
Feb
-12
Au
g-1
2
Feb
-13
Au
g-1
3
Feb
-14
Au
g-1
4
Feb
-15
Au
g-1
5
Feb
-16
Au
g-1
6
Feb
-17
Au
g-1
7
70000
1070000
2070000
3070000
4070000
5070000
6070000
7070000
8070000
Sep
-13
De
c-1
3
Mar
-14
Jun
-14
Sep
-14
De
c-1
4
Mar
-15
Jun
-15
Sep
-15
De
c-1
5
Mar
-16
Jun
-16
Sep
-16
De
c-1
6
Mar
-17
Jun
-17
Sep
-17
De
c-1
7
50000
2050000
4050000
6050000
8050000
10050000
12050000
Jun
-10
De
c-1
0
Jun
-11
De
c-1
1
Jun
-12
De
c-1
2
Jun
-13
De
c-1
3
Jun
-14
De
c-1
4
Jun
-15
De
c-1
5
Jun
-16
De
c-1
6
Jun
-17
De
c-1
7
42
Alternative Investment Fund (AIF)
43
FUNDS LAUNCHED - 1
Under Category III
Sundaram Alternative Opportunities Fund – Nano Cap Series I and II
Total commitments received – Rs. 736 Crores
Salient Features
Nano cap stocks are typically Under Invested and Under Researched falling between VC and Small caps – thereby offering potential
for outsized returns in a patient long term investing style
Opportunity to leverage on Sundaram’s Research - Identify companies with potential for strong growth that can expand into higher
valuations
Fund invests in stocks predominantly with a market cap of Rs 1,500 crores and below at the time of initial investment
Absolute Target Return Fund - Focused Portfolio of 15-25 companies, averaging around 20
4 year close ended fund with exit window
44
FUNDS LAUNCHED - 2
Under Category II
Sundaram Alternative Opportunities Series – High Yield Secured Debt Fund
Total commitments received – Rs. 223.65 Crores
Salient Features
Fund invests predominantly in high yielding corporate credit opportunities via debentures and other credit instruments including
mezzanine securities issued by Indian Real Estate developers that are fully secured by monetizable real estate assets in addition to other
assets/cash flows
The Fund investments will primarily focus on residential real estate projects in the South Indian cities such as Chennai, Bangalore,
Coimbatore, Hyderabad and in other select cities of Andhra Pradesh and opportunistic investments in Mumbai and Pune
Absolute Target Return Fund - Concentrated Portfolio of 15-30 companies or securities. Each investment of the Fund is expected to be in
the range of INR 30 – INR 50 crores
4 year close ended fund without exit window
45
KEY PERSONNEL
Name Designation Designation
Since
Overall
Experience
Experience at
SAMC
Harsha Viji Managing Director July 2012 17 years 7 years
Sunil Subramaniam CEO July 2015 31 years 12 years
S.Krishnakumar CIO, Equity April 2015 26 years 14 years
Dwijendra Srivastava CIO, Fixed Income April 2014 19 years 7 years
Bharath S
Fund Manager, PMS
and AIF (Category III) January 2016 15 years 13 years
Kumaran
Chandrasekaran
Fund Manager, AIF
(Category II) May 2017 12 years 7 months
46
DISCLAIMER – GENERAL
General Disclaimer: This document is issued by Sundaram Asset Management; an investment manager registered with the Securities and Exchange Board of
India in India and is produced for information purposes only. It is not a prospectus, scheme information document, offer document, offer and solicitation, to name a
few, to buy any securities or other investment. Information and opinion contained in this document are published for the assistance of the recipient only; they are not
to be relied upon as authoritative or taken as a substitution for exercise of judgment by any recipient. They are subject to change without any notice and not
intended to provide the sole basis of any evaluation of the instrument discussed or offer to buy. It is neither a solicitation to sell nor shall it form the basis of or be
relied upon in connection with any contract or commitment whatsoever or be taken as investment advice. The information and opinions contained in this
communication have been obtained from sources that Sundaram Asset Management believes to be reliable; no representation or warranty, express or implied, is
made that such information is accurate or complete and it should not be relied upon as such. Sundaram Asset Management neither guarantees its accuracy and/or
completeness nor does it guarantee to update the information from time to time. This communication is for private circulation only and for the exclusive and
confidential use of the intended recipient(s) only. Any other distribution, use or reproduction of this communication in its entirety or any part thereof is unauthorized
and strictly prohibited. By accepting this document you agree to be bound by the foregoing limitations. This communication is for general information only without
regard to specific objectives, financial situations and needs of any particular person who may receive it and Sundaram Asset Management is not soliciting any
action based on this document. Sundaram Asset Management in the discharge of its functions, may use any of the data presented in this document for its decision-
making purpose and is not bound to disclose the same. Copies of the Statement of Additional Information, Scheme Information Document and application form with
key information memorandum may be obtained from the offices of Sundaram Mutual offices and its authorized distributors or downloaded from
www.sundarammutual.com For scheme specific risk factors, asset allocation, load structure, fund facts and taxation aspects please refer scheme information
documents available online and at branches/Investor Service Centres; also at www.sundarammutual.com
Statutory: Mutual Fund: Sundaram Mutual Fund is a trust under Indian Trusts Act, 1882 Sponsors. Liability for sponsors is limited to Rs 1 lakh. Sponsors:
Sundaram Finance Ltd. Investment Manager: Sundaram Asset Management Company Ltd. Trustee: Sundaram Trustee Company Ltd.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
47
DISCLAIMER – PORTFOLIO MANAGEMENT AND AIF
General Disclaimer: This document is issued by Sundaram Asset Management for your exclusive and confidential reference. This document is produced for
information purposes only. It does not constitute a prospectus or offer document or an offer or solicitation to buy any securities or other investment. Information and
opinion contained in this document are published for the assistance of the recipient only; they are not to be relied upon as authoritative or taken as a substitution for
exercise of judgment by any recipient. They are subject to change without any notice and not intended to provide the sole basis of any evaluation of the instrument
discussed or offer to buy. It is neither a solicitation to sell nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever or
be taken as investment advice. The information and opinions contained in this communication have been obtained from sources that Sundaram Asset Management
believes to be reliable; no representation or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as
such. Sundaram Asset Management neither guarantees its accuracy and/or completeness nor does it guarantee to update the information from time to time. This
communication is for private circulation only and for the exclusive and confidential use of the intended recipient(s). Any other distribution, use or reproduction of this
communication in its entirety or any part thereof is unauthorized and strictly prohibited. By accepting this document you agree to be bound by the foregoing limitations.
This communication is for general information only without regard to specific objectives, financial situations and needs of any particular person who may receive it and
Sundaram Asset Management is not soliciting any action based on this document. In the discharge of its functions, Sundaram Asset Management may use any of the
data presented in this document for its decision-making purpose and is not bound to disclose the same. For details about fund management services and
performance, please refer to the Disclosure Documents available at the offices of the AMC.
Securities investments are subject to market risks and there is no assurance or guarantee that the objectives of portfolios will be achieved. As with any
securities investment, the value of a portfolio can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Fund
Manager or AMC may not be indicative of the performance in the future. Sundaram Asset Management is not responsible or liable for losses resulting form the
operations of any portfolio. The value of any portfolio illustrated in this document may be affected by changes in the general market conditions, factors and forces
affecting capital markets in particular, level of interest rates, various market related factors and trading volumes, settlement periods and transfer procedures. The
liquidity of investments are inherently restricted by trading volumes in the securities in which it invests. Investors in portfolios are not offered any guaranteed returns.
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