Sundaram Select Mid Cap
Fund Positioning:
Pure Mid-Cap Fund
Diversified portfolio to optimise returns & risk
Mar-13
` 1,54,945
` 63,414
` 59,153
Jul-02
` 10,000 invested at launch
200000
Fund
180000
Benchmark
160000
CNX Nifty
140000
120000
100000
80000
60000
40000
20000
0
Past performance may or may not be sustained in future.
Sector Profile (%)
Financial Services
20.9
A class-leading fund tracking the mid-cap space with a
diversified & growth approach.
Consumer Goods
Truly believes in buying midcaps which have a proven track
record of business model and exhibit promise to make it to
the next level.
Pharma
8.9
Energy
8.6
13.1
Automobile
11.4
Industrial Manufacturing
Compounded annual return of 29.3% since launch in July
2002; outpacing the S&P BSE Mid Cap Index by 10.4
percentage points on a compounded annualized basis. This
excess return makes a big difference to wealth creation.
Companies with scalable businesses, sustainable
competitive advantage, strong operating cash flows are
preferred
` 10,000 invested at launch in July 2002 in Select Mid Cap is
now worth ` 1,54,945. The same amount invested in S&P
BSE Mid Cap would be worth ` 63,414.
7.5
IT
6.3
Others
Cash/Fixed Income
22.8
0.6
Sector Allocation is as of April 30, 2013.
Performance comparison
Outpacing average of mid-cap funds & all equity funds and broad market on a long-term basis.
Basis for comparison/period
One
Year
Two Three Five
Six Seven Ten
Years Years Years Years Years Years
Sundaram Select Mid Cap
6.1
3.9
4.8
8.6
10.5
11.2
31.6
Midcap Funds
8.0
4.0
4.3
6.3
7.4
6.0
28.4
All Equity Funds
6.9
0.9
2.9
4.5
7.9
7.9
22.7
Large Cap Funds
9.5
1.4
3.2
5.3
9.1
9.2
23.3
S&P BSE Midcap (Benchmark)
-3.2
-4.6
-3.2
-1.2
2.5
2.6
Consistently high alpha that indicates superior stock
selection for over ten years now.
S&P BSE Sensex
10.0
-0.3
2.2
2.8
6.5
7.9
19.7
CNX Midcap
Many stocks have been held for more than 5 years and have
now become large caps
A monthly SIP of ` 1000 since launch a total investment of
` 1,28,000 is now worth ` 4.64 lakh.
A mid-cap fund must be an integral component of every
intelligent equity portfolio to boost the overall returns; its
acclaimed track record makes a robust case for Select
Mid Cap.
CNX Nifty
CNX 500
7.3
0.0
2.5
2.8
7.1
8.0
19.0
-1.3
-3.0
-1.1
3.1
7.6
6.8
23.2
7.5
-0.9
1.0
2.3
6.2
6.6
20.0
Data Source: Value Research; Analysis: In-house. Returns in percentage on
compounded annual basis as of March 31, 2013 have been computed using NAV of
Growth Option. Past performance may or may not be sustained in future.
Fund Manager: S Krishnakumar
Fund / Benchmark
Sundaram Select Midcap
S&P BSE Mid-Cap Index
CNX Nifty
Sundaram S.M.I.L.E. Fund
CNX Mid-Cap Index
CNX Nifty
Sundaram Equity Multiplier*
CNX 500 Index
CNX Nifty
Sundaram Energy Opportunities*
S&P BSE Oil & Gas Index
CNX Nifty
Sundaram CAPEX Opportunities*
S&P BSE Capital Goods Index
CNX Nifty
31/03/12
31/03/13 (%)
6.1
-3.2
7.3
-1.9
-4.0
7.3
1.3
5.1
7.3
-11.7
3.0
7.3
-19.3
-10.1
7.3
31/03/11
31/03/12 (%)
0.2
-7.7
-9.2
-6.8
-4.1
-9.2
-5.4
-8.7
-9.2
-4.5
-21.0
-9.2
-16.4
-24.2
-9.2
31/03/10
31/03/11 (%)
8.6
1.0
11.1
-1.2
4.4
11.1
3.9
7.3
11.1
-5.8
0.8
11.1
-10.6
-6.0
11.1
Since Inception
Returns
` 10,000
29.3
1,54,945
18.9
63,414
18.1
59,153
13.5
27,953
11.9
24,850
13.1
27,190
4.6
13,185
5.4
13,767
6.4
14,593
-7.6
6,616
-8.5
6,270
-1.5
9,248
5.5
14,986
8.4
18,285
10.9
21,762
Past performance may or may not be sustained in the future; Returns are on a compounded annual basis for period more than one year & absolute for one-year period based on NAV of Regular Plan (Growth Option) and is as of March
31, 2013 unless otherwise specified. Value of ` 10,000 invested at inception is as on March 31, 2013. Source for performance & dividend information: Fact Sheet
*Jointly Managed
April 2013
Toll Free 1800 103 7237 (India) 044 49057300 (NRI) SMS SFUND to 56767 E-mail [email protected].
Sundaram Select Mid Cap
Disclaimer
Sundaram Select Thematic Funds Capex Opportunities; Type: Open-end equity Scheme Investment
Objective: The primary investment objective of the scheme is to generate consistent long-term returns
by investing predominantly in equity/equity-related instruments of companies in the capital goods sector.
Asset Allocation: Equity & equity related securities of companies in capital goods sector -including
March 2013
Dividend History Sundaram Select Mid Cap:
Record Date
%
` per unit
Record Date NAV
27/06/03
25.0
2.50
12.9763
21/11/03
40.0
4.00
17.2790
27/02/04
35.0
3.50
14.3580
17/09/04
20.0
2.00
13.1843
18/02/05
20.0
2.00
15.0341
23/09/05
20.0
2.00
17.3439
17/02/06
25.0
2.50
20.0785
18/08/06
20.0
2.00
20.9924
27/10/06
40.0
4.00
21.0980
09/02/07
25.0
2.50
18.7821
24/04/09
10.0
1.00
11.5291
04/09/09
10.0
1.00
17.7666
20/11/09
15.0
1.50
18.7957
05/02/10
15.0
1.50
17.4552
12/11/10
20.0
2.00
21.3708
Total
340.0
34.00
Dividend is declared on the face value of ` 10 per unit. After declaration and payment
of dividend (including re-investment), the ex-dividend NAV will decline to the extent of
the dividend payment.
Comparison with mid-cap funds: The returns for the mid-cap funds is based on the average
of returns of a sub-category created by Sundaram Asset Management from the broad
category of funds classified as equity diversified by Value Research. This sub-category
includes funds that consistently invest in mid-cap stocks. The funds have been chosen in
good faith based on the allocation to the 51st stock and above by market cap in descending
order and the consistency in largely maintaining such a profile. The number of schemes
covered for different periods is given in the accompanying table.
Number of schemes 1 Year 2 Years 3 Years 5 Years 6 Years 7 Years 10 Years
Mid-cap funds
20
20
20
20
15
14
3
All equity funds
343
343
333
265
211
187
100
Large-cap funds
19
19
18
16
16
16
12
Comparison with all equity funds returns: The returns for all equity diversified funds
comprise all funds classified in Equity Diversified category by Value Research. There has
been no separate sub-classification by Sundaram Asset Management. The number of
schemes covered for different periods is given in the accompanying table. This comparison
does not reflect the effect of objectives, style, asset allocation, entry load, exit load and fess
& expenses. This is not intended for ranking purposes and does not also constitute ranking.
This is only meant for comparison purposes.
Comparison with large-cap funds: The returns for the large-cap funds is based on the
average of returns of a sub-category created by Sundaram Asset Management from the
broad category of funds classified as equity diversified by Value Research. This sub-category
includes funds that consistently invest at least 85%-90% in large-cap stocks. The funds have
been chosen in good faith based on the allocation to the top 50 stocks by market cap and
the consistency in maintaining such a profile. The number of schemes in the large-cap
category is given in the accompanying table. This comparison does not reflect the effect of
objectives, style, asset allocation, entry load, exit load and fess & expenses. This is not
intended for ranking purposes and does not also constitute ranking. This is only meant for
comparison purposes. The average of returns for the combined universe of the two Value
Research categories, the large-cap funds sub-category has been sourced from the Value
Research Daily Performance Report. The average returns are as on March 31, 2013 and is
based on compounded annual returns (computed using NAV of the Growth Option and/or
NAV adjusted dividend reinvestment) for more than one year. Past performance is no
guarantee of future result. General Risk Factors: All mutual funds and securities
investments are subject to market risks, and there can be no assurance or guarantee
that fund's objectives will be achieved. NAV may go up or down, depending on the
factors and forces affecting the securities market. Main types are market risk, liquidity
risk, credit risk and systemic risks. At times, liquidity of investments may be impaired. There
is uncertainty of dividend distribution and risk of capital loss. Past performance of the
Sponsor/Asset Management Company/Fund does not indicate the future performance.
Investors in the schemes are not being offered any guaranteed or indicated returns.
Sundaram Select Mid Cap is only the name of the scheme and do not in any manner
indicate either quality or future prospects and returns.
Statutory: Mutual Fund: Sundaram Mutual Fund is a trust under Indian Trusts Act, 1882
Sponsor: Sundaram Finance Ltd. Liability for sponsor is limited to ` 1 lakh. Investment
Manager: Sundaram Asset Management Company Ltd. Trustee: Sundaram Trustee
Company Ltd.
SSM/April 2013
investment in derivatives: 70%-100% Other equities -including investment in derivatives 0%- 30%
Money market instruments: 0%-15%. Exposure in derivative shall not exceed 50% of the net assets of
the scheme The Scheme may invest up to 35% of the net assets in overseas securities. Sundaram
Capex Opportunities Fund has two separate portfolios for Dividend and Growth Options. Benchmark:
S&P BSE Capital Goods Index. Scheme-Specific Risk Factors: Long gestation periods; pace at which
investments materialize; incidence of taxation, government policy & firm-level inefficiency.
Artwork: Spark Creations-044 45510041
Mutual Fund investments are subject to market risks, read all scheme related
documents carefully. Copy of the SAI, SID, key information memorandum and application
form may also be obtained from the offices/investor service centres of Sundaram Asset
Management, its distributors and at www.sundarammutual.com
Fund Facts: Name: Sundaram Select Mid Cap; Type: an open-end equity scheme;
Investment Objective: Seek capital appreciation by investing in diversified stocks that are
generally termed as mid-caps. Asset Allocation: Equity instruments (including derivatives)
75%-100% Cash, cash equivalents, money market instruments: not exceeding 25%. Midcap stock is defined as one which has a market cap of less than that of the 50th stock in NSE.
Equity Investments may also include overseas securities, up to a maximum of 35% of the net
assets. The total asset allocation including exposure to derivatives would not exceed 100 %
of the net assets of the Scheme. The same security wise hedge positions would be excluded
from computing the same percentage. Benchmark: S&P BSE Mid Cap Index. SchemeSpecific Risk Factors: Lack of liquidity at times and volatility. Terms of Offer: NAV. Plans:
Regular & Direct; Options: Dividend Payout, Dividend Reinvestment, Dividend Sweep &
Growth. Minimum Investment Amount: ` 5,000 and multiples of ` 1 and for additional
purchase. Exit Load: 1% if redeemed within 12 months from date of allotment. There is no
entry/exit load for bonus units and dividend re-investment. NAV publication/sale/redemption
will be done on all business days.
Derivative exposure Risk: Counter Party risk, Model risk, market liquidity risk and basis risk.
Overseas Securities Investment Risk: Country risk, currency risk, geo-political risk, legal
restrictions and regulation changes in geography other than India Fund Facts: Name:
Sundaram S.M.I.L.E Fund (S.M.I.L.E denotes Small and Medium Indian Leading Equities);
Type: An open-end equity scheme; Investment Objective: To primarily achieve capital
appreciation by investing in diversified stocks that are generally termed as small and midcaps and by investing in other equities. Asset Allocation: Equity instruments small-cap
and mid-cap stocks (including investments in derivatives): At least 65% Other Equities
(including investment in derivatives): Not exceeding 35% Money market instruments: Not
exceeding 15%. Equity Investments may also include overseas securities, up to a maximum
of 35% of the net assets. The total asset allocation including exposure to derivatives would
not exceed 100 % of the net assets of the Scheme. The same security wise hedge positions
would be excluded from computing the same percentage. Benchmark: CNX Mid-Cap Index.
Plans: Regular & Direct; Options: Dividend Payout, Dividend Reinvestment, Dividend Sweep
& Growth. Minimum Investment Amount: ` 5,000. Entry load: There is no entry load. Exit
Load: 1% if redeemed within 12 months from date of allotment. There is no exit load for bonus
units and dividend re-investment. NAV publication/sale/redemption is available on business
days. The Trustee reserves the right to change the exit load structure prospectively, Please
ascertain the applicable load structure before investing.Scheme-Specific Risk Factors:
Small- and mid-cap stocks are generally more illiquid. Fund Facts: Name: Sundaram Select
Thematic Funds Energy Opportunities Type: An open-end equity scheme. Investment
Objective: Seek capital appreciation by investing primarily in equity and equity-related
instruments of companies in the domestic market that predominantly focus on or benefit from,
directly or indirectly, the opportunities and developments in the energy sector. Terms of Offer:
NAV. Plans: Regular & Direct; Options: Dividend Payout, Dividend Reinvestment, Dividend
Sweep & Growth. Minimum Investment Amount: ` 5,000 and multiples of ` 1 and for
additional purchase. Asset Allocation: equity and equity related instruments in the targeted
theme 65-100%; equity and equity related instruments that are outside the theme 0-35%;
Money market instruments: 0-15%. Exposure in derivative shall not exceed 50% of the net
assets of the scheme The Scheme may invest up to 35% of the net assets in overseas
securities Entry Load: Nil. Exit Load: 1% if redeemed within 12 months from date of allotment.
There is no entry/exit load for bonus units and dividend re-investment. NAV
publication/sale/redemption will be done on all business days. Benchmark: S&P BSE Oil
and Gas Index. Scheme-Specific Risk Factors: Sundaram Energy Opportunities: Delays
and slower pace of commercialisation of gas and oil finds; Government policy on pricing
and distribution of petro-products; Significantly lower commercial output in relation to the
size of the oil or gas discovery; Regulatory hurdles that impede growth and take more-than
reasonable time frames to be sorted out; Geo political developments and government
intervention in Pricing; Slower-than-expected pace of development and usage of oil and gas
in user industries could impact the performance.Fund Facts: Name: Sundaram Equity
Multiplier; Type: An open-end equity scheme; Investment Objective: Seek capital
appreciation by investing in equity & equity related instruments. Asset Allocation: Equity &
equity related Instruments (including investment in derivatives): 65%-100% Debt
instruments including securitised debt & Money Market Instruments: up to 35% (securitised
debt up to a maximum of 30%) Exposure in derivative shall not exceed 50% of the net
assets of the scheme. Benchmark: CNX 500. Terms of Offer: NAV. Plans: Regular & Direct;
Options: Dividend Payout, Dividend Reinvestment, Dividend Sweep & Growth. Minimum
Investment Amount: ` 5,000 and multiples of ` 1 and for additional purchase. Exit Load: 1%
if redeemed within 12 months from date of allotment. There is no entry/exit load for bonus
units and dividend re-investment. NAV publication/sale/redemption will be done on all
business days. Scheme-Specific Risk Factors: Risk of non diversification. Fund Facts: Name:
Toll Free 1800 103 7237 (India) 044 49057300 (NRI) SMS SFUND to 56767 E-mail [email protected].
