Sundaram Finance Ltd. (SFL) was incorporated in 1954 to fund the purchase of commercial vehicles and passenger cars. The company started with a paid-up capital of Rs. 2.00 Lakhs and went public in 1972. Sundaram Finance is one of India's largest non-banking financial companies. It is present in diverse aspects of the financial services industry, including vehicle finance, mutual funds, home finance, general insurance, and financial services distribution.
Newton exited in 2002, and BNP Paribas Asset Management (BNPP AM) joined as a partner in 2006. In 2010, through a global merger and acquisition, the parent company of BNPP AM took over the Fortis Group’s banking and financial services activities. Therefore, Sundaram Finance fully bought out BNP Paribas's stake and took 100% charge of the business. Sundaram Finance Ltd. fully sponsors the mutual fund and holds a 100% stake in the AMC and the Trustee Company.
Key Information About Sundaram Mutual Fund
How to Invest in the Sundaram Mutual Fund
Investing in the best Sundaram Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
Choose your mutual types, such as equity, debt, hybrid, index, and sector funds, according to your risk tolerance (low, medium, or high) and financial goals.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Sundaram Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). You can also make a lump-sum investment if you have a large amount to invest. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Sundaram Mutual Funds in India
Here is the list of some of the best Sundaram Mutual Funds in India:
* All data as of 31 January 2025
Detailed Overview of Sundaram Mutual Fund Schemes
Now, let’s discuss these 10 Sundaram Mutual Fund schemes in detail:
1. Sundaram Mid Cap Fund - Direct Plan-Growth
Sundaram Mid Cap Fund was started on 30 July 2002. It is an open-ended equity scheme primarily investing in mid-cap stocks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 21.87% and 21.62%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹18,024.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Mid Cap Fund is ₹100, and for the Monthly SIP, it is ₹100.
2. Sundaram Short Duration Fund - Direct Plan-Growth
Sundaram Short Duration Fund, previously known as Principal Short-Term Debt Fund, is an open-ended short-term debt scheme investing in instruments such that the portfolio’s Macaulay duration is 1-3 years. It has a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.85% and 8.05%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,182.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Short Duration Fund is ₹5000, and for the Monthly SIP, it is ₹250.
3. Sundaram Aggressive Hybrid Fund - Direct Plan-Growth
Sundaram Aggressive Hybrid Fund was previously known as the Principal Hybrid Equity Fund. It is an open-ended hybrid scheme investing 65% - 80% in equity and equity-related instruments and 35% - 20% in fixed-income securities.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 12.52% and 15.28%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹14,210.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Aggressive Hybrid Fund is ₹100, and for the Monthly SIP, it is ₹100.
4. Sundaram Multi Cap Fund - Direct Plan-Growth
Sundaram Multi Cap Fund, previously known as Principal Multi Cap Growth Fund, is an open-ended equity scheme investing across large, mid and small-cap stocks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 14.82% and 19.65%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹15,092.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Multi Cap Fund is ₹100, and for the Monthly SIP, it is ₹100.
5. Sundaram Banking & PSU Fund - Direct Plan-Growth
Sundaram Banking & PSU Fund is an open-ended debt scheme mainly investing in debt instruments such as banks, PSUs, public financial institutions, and municipal bonds. It has a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.21% and 5.75%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,964.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Banking & PSU Fund is ₹5000, and for the Monthly SIP, it is ₹250.
6. Sundaram Balanced Advantage Fund - Direct Plan-Growth
Sundaram Balanced Advantage Fund is an open-ended dynamic asset allocation fund between equity, debt, derivatives, and REITs/InvITs that seeks income generation and capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 11.67% and 14.83%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹13,892.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Balanced Advantage Fund is ₹100, and for the Monthly SIP, it is ₹100.
7. Sundaram Flexi Cap Fund - Direct Plan-Growth
Sundaram Flexi Cap Fund is an open-ended dynamic equity scheme investing in a dynamic mix of equity and equity-related instruments across large-cap, mid-cap, and small-cap stocks.
- Fund Performance: The fund's annualized returns for the one year and since inception have been around 8.22% and 14.42%, respectively. In one year, the current value of a Standard Investment of ₹10,000 will become around ₹10,822.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Flexi Cap Fund is ₹100, and for the Monthly SIP, it is ₹100.
8. Sundaram Corporate Bond Fund - Direct Plan-Growth
Sundaram Corporate Bond Fund is an open-ended debt scheme predominantly investing in AA+ and above-rated corporate bonds with a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the one year and since inception have been around 6.34% and 6.47%, respectively. In one year, the current value of a Standard Investment of ₹10,000 will become around ₹12,008.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Corporate Bond Fund is ₹5000, and for the Monthly SIP, it is ₹250.
9. Sundaram Conservative Hybrid Fund - Direct Plan-Growth
Sundaram Conservative Hybrid Fund is an open-ended hybrid scheme that seeks to generate capital gains through investments of up to 30% of the portfolio in equity and accrual income through the remaining fixed income portion.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 7.79% and 9.01%, respectively. In one year, the current value of a Standard Investment of ₹10,000 will become around ₹12,502.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Conservative Hybrid Fund is ₹5000, and for the Monthly SIP, it is ₹250.
10. Sundaram Infrastructure Advantage Fund - Direct Plan-Growth
Sundaram Infrastructure Advantage Fund is an open-ended equity scheme investing in equity and equity-related instruments of companies involved directly or indirectly in infrastructure and infrastructure-related activities or expected to benefit from the growth and development of infrastructure.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 19.43% and 21.86%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,970.
- Minimum Investment Amount: The minimum lump sum for the Sundaram Infrastructure Advantage Fund is ₹100, and for the Monthly SIP, it is ₹100.
Top Fund Managers
Below is the list of people who have made Sundaram Mutual Fund Investment a standout choice in a highly competitive market.
1. Mr. Bharath S
Mr. Bharath S is the head of equities at Sundaram AMC. He has over two decades of experience in Equity Research and Fund Management. He joined us in August 2004 as a research analyst and moved into active fund management of hybrid funds in 2012. He has also been managing other open-ended schemes since January 2013. Before joining us, he worked as an analyst at Navia Markets. He manages Sundaram Mid Cap Fund, Sundaram Large & Mid Cap Fund, and various other equity and hybrid schemes.
2. Mr. Ratish B. Varier
Mr. Ratish B. Varier is the fund manager of equity at Sundaram AMC, with 19 years of experience, 18 of which have been in Equity Fund Management. He joined Sundaram AMC in November 2018, initially working with the Sundaram Alternates business, where he managed small and micro caps under the PMS vertical and nano cap cat 2 in the AIF space. In June 2020, he transitioned to Sundaram Mutual. He currently manages Sundaram Mid Cap Fund, Sundaram Multi Cap Fund, Sundaram Business Cycle Fund, and Sundaram Consumption Fund, among other equity and thematic schemes.
3. Mr. Dwijendra Srivastava
Mr. Dwijendra Srivastava joined Sundaram AMC in July 2010 and serves as its Chief Investment Officer for Fixed Income. He has over twenty years of experience in debt markets, having worked in Research and Fund Management at Deutsche Asset Management, JM Financial Asset Management, and Tata Asset Management before joining Sundaram AMC. At Sundaram AMC, he co-manages all our fixed-income schemes and the debt portion of our hybrid schemes.
4. Mr. Sandeep Agarwal
Mr. Sandeep Agarwal is the Head of Fixed Income at Sundaram AMC and has over 15 years of experience in this field. He joined Sundaram AMC in October 2010 as a fixed-income Dealer and moved into active fund management in June 2012. Before joining Sundaram AMC, Sandeep was a Management Trainee in fixed Income at Deutsche Asset Management. At Sundaram AMC, he co-manages our fixed-income schemes and the debt portion of our hybrid and equity schemes.
5. Mr. Arjun G Nagarajan
Mr. Arjun G Nagarajan is the Commodities Fund Manager, Chief Economist, and Communications Manager for investments at Sundaram AMC. After a three-year academic career, Arjun has been in the markets for over 12 years, including over 10 years at Sundaram AMC. He currently manages the Sundaram Multi Asset Allocation Fund.
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