Investment Objective and Approach

Sundaram Medium Duration Fund aims to generate income and capital appreciation by investing in a portfolio comprising of fixed income securities with Macaulay Duration between 3 to 4 years. The fund follows a strategic approach by investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years.

The scheme aims to earn regular income by investing primarily in fixed income securities, which may be paid as dividend or reinvested at the option of the investor. This medium-duration strategy provides a balanced approach for investors seeking moderate risk exposure with the potential for steady returns from debt securities.

The fund's investment philosophy centers on maintaining an optimal balance between risk and return by focusing on securities that offer reasonable yield while maintaining liquidity. The 3-4 year duration range helps the fund to capitalize on interest rate movements while minimizing excessive volatility typically associated with longer-duration funds.

Fund Managers

The Sundaram Medium Duration Fund is managed by experienced professionals with deep expertise in debt markets. Dwijendra Srivastava serves as the Chief Investment Officer – Debt at Sundaram Mutual Fund and has been with the fund house since 2010. He has more than two decades of experience in the debt market and was awarded Best Fund Manager – Debt by Outlook Money in March 2015.

Prior to joining Sundaram AMC, he worked with Deutsche Asset Management, JM Financial Asset Management and Tata Asset Management. He is a CFA, and also holds PGDM (Finance) & Bachelor of Technology (Textile Technology) degree.

The fund also benefits from the expertise of other seasoned professionals in Sundaram's debt management team, ensuring comprehensive portfolio management and risk assessment across various market conditions.

About the Fund House (AMC)

Sundaram Mutual Fund was established in 1996 as a fully owned subsidiary of Sundaram Finance Limited. Its commitment to make mutual funds accessible to every retail investor has led to its growth as one of the leading AMCs in India.

Key highlights of Sundaram Mutual Fund include:

- Total AUM of around Rs. 56,666.81 crores, making Sundaram among the top asset management companies in India (as per latest available data)

- AUM has grown at a CAGR of 17% over the last 9 years and has been ranked 18th in the Asset Management industry

- 94 branches including international & shared branches along with 305 distributors, handling over 5.6 million client folios

- Headquarters in Chennai with 93 customer-care centres across the country, plus a fully-owned asset management subsidiary in Singapore and a branch office in Dubai

The AMC has a diverse portfolio of mutual funds in multiple segments including equity, debt, liquid and fixed income funds, supported by an astute 21 member investment team, comprising of fund managers, analysts, dealers and economists.

Should I Invest in Sundaram Medium Duration Fund?

Sundaram Medium Duration Fund may be suitable for investors with the following profile and objectives:

Suitable for:

- Investors seeking moderate duration exposure with balanced risk-return profile

- Those looking for regular income generation from debt instruments

- Investors with investment horizon of 2-4 years

- Portfolio diversification beyond equity investments

- Conservative to moderate risk appetite investors

Key Considerations:

- The fund's 3-4 year duration exposure makes it moderately sensitive to interest rate changes

- Exit load of 1% applies if units are redeemed before 12 months; no exit load after 12 months

- Medium duration funds typically perform well in stable to declining interest rate environments

- Suitable as a core debt holding for medium-term financial goals

Investment Minimums:

- Minimum investment for lump sum is ₹1,000 and for SIP is ₹1,000 (based on similar Sundaram debt funds)

Before investing, consider your risk tolerance, investment timeline, and overall portfolio allocation. It's advisable to consult with financial advisors to ensure the fund aligns with your specific financial goals and risk profile.

FAQs

What is today's NAV of Sundaram Medium Duration Fund?

The NAV of Sundaram Medium Duration Fund changes daily based on market conditions. Check the latest NAV on the Allvest platform or the fund house's official website for real-time updates.

What is the AUM of Sundaram Medium Duration Fund?

The fund has an AUM of ₹42.64 crores (as per available data). For the most current AUM figures, refer to the latest factsheet on Allvest.

What is the expense ratio of Sundaram Medium Duration Fund?

The expense ratio is 2.19% (as per available data). This covers fund management fees and operational expenses.

What are the returns of Sundaram Medium Duration Fund since inception?

The fund was launched on 18 December 1997. For detailed return performance since inception, check the fund's factsheet and performance history on Allvest.

What is the minimum SIP amount to invest in Sundaram Medium Duration Fund?

Based on similar Sundaram debt funds, the minimum SIP amount is typically ₹1,000. Confirm current minimum amounts on the Allvest platform.

How do I invest in Sundaram Medium Duration Fund?

You can invest in this fund through Allvest platform easily. Complete your KYC, choose between lump sum or SIP investment, and start investing online through Allvest's user-friendly interface.

How to start a SIP in Sundaram Medium Duration Fund?

Log into your Allvest account, search for Sundaram Medium Duration Fund, select SIP option, choose frequency and amount, and set up auto-debit from your bank account through Allvest.

How do I automate an SIP in Sundaram Medium Duration Fund?

Through Allvest platform, you can set up automatic SIP with bank mandate. This ensures seamless monthly investments without manual intervention each time.

How can I withdraw/redeem my investment in Sundaram Medium Duration Fund?

Mutual fund investments are highly liquid. After placing the redemption request, you can expect your investment to land in your bank account within two-three business days. Use Allvest's redemption feature for quick processing.