{"id":903,"date":"2019-08-17T08:05:58","date_gmt":"2019-08-17T08:05:58","guid":{"rendered":"http:\/\/blog.certifiedfinancialguardian.com\/?p=903"},"modified":"2019-08-19T05:12:18","modified_gmt":"2019-08-19T05:12:18","slug":"will-a-multicap-fund-like-sundaram-equity-fund-help-in-wealth-creation","status":"publish","type":"post","link":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/2019\/08\/17\/will-a-multicap-fund-like-sundaram-equity-fund-help-in-wealth-creation\/","title":{"rendered":"Will A Multicap Fund Like Sundaram Equity Fund Help In Wealth Creation?"},"content":{"rendered":"\n<p>Sundaram Equity Fund (SEF) launched from the stable of <a href=\"https:\/\/www.personalfn.com\/fund\/sundaram-mutual-fund\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sundaram Mutual Fund<\/a>, is a multi-cap fund that will invest predominantly across market cap segments (i.e. large-cap, mid-cap and small-cap). <\/p>\n\n\n\n<p>The fund house believes that multi-cap funds are suitable for any\nmarket conditions when there is no clear direction of movement of any\nparticular market cap segment. &nbsp;Besides, since the multi-caps are well-diversified,\ndue to the flexibility to invest in the best ideas within the cap curves, the\ndownside risk involved is minimised in turbulent times and can provide better\nrisk-adjusted returns compared to single cap funds. <\/p>\n\n\n\n<p>Thus, considering the current times of volatility, the fund house launched\nthis multi-cap fund, Sundaram Equity\nFund. &nbsp;<\/p>\n\n\n\n<p><strong>What does a Multicap strategy mean?<\/strong><\/p>\n\n\n\n<p>Multi-Cap funds seek to invest across\nmarket capitalization segments from large-cap to midcap to small caps. The fund\nmanager has complete flexibility to manage allocation between different\nsectors, market cap segments, styles etc. <\/p>\n\n\n\n<p>At present as per the SEBI guidelines the Large Cap, Mid Cap &amp;\nSmall Cap companies are classified as below:<\/p>\n\n\n\n<ol><li>Large Cap: 1st -100th company\nin terms of full market capitalization.<\/li><li>Mid Cap: 101st -250th company\nin terms of full market capitalization.<\/li><li>Small-Cap: 251st company\nonwards in terms of full market capitalization.<\/li><\/ol>\n\n\n\n<p>In the absence of any restriction or limit on investment in any\nparticular market cap, multi-cap funds enjoy the freedom to move from one\nmarket cap segment to another, based on the market sentiments and the\nconviction of the fund manager, with an aim to generate higher alpha for its\ninvestors. <\/p>\n\n\n\n<p>Sundaram Equity Fund will adopt a approach of portfolio construction that will be market cap agonistic. For the purpose of allocation between Large, Mid and Small Cap segments it will follow a unique internal research-driven process which is based on valuation, expected earnings growth, market and business cycles.<\/p>\n\n\n\n<p>The cyclical recovery of business will be characterised by: <\/p>\n\n\n\n<ul><li>Bottoming out industry growth\nwith catalysts for improving demand<\/li><li>Improving industry capacity\nutilisation leading to an uptick in pricing and profitability<\/li><li>Revival in industry\nprofitability owing to consolidation\/ reduced competition\/ better supply-side\ndiscipline. <\/li><\/ul>\n\n\n\n<p>The Sundarm Equity Fund would typically maintain a maximum allocation towards Large Caps and can go up to 80% based on prevalent market conditions. <a href=\"https:\/\/www.personalfn.com\/fns\/essence-of-successful-investing\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Allocation<\/a> to large caps would provide stability to the portfolio with reasonable returns, whereas its exposure to Mid and Small Caps would be alpha accretive.<\/p>\n\n\n\n<p>[<strong>Read<\/strong>: <a href=\"https:\/\/www.personalfn.com\/fns\/why-you-should-not-ignore-personalized-asset-allocation-while-investing\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Why You Should Not Ignore Personalized Asset Allocation While Investing<\/a>]<\/p>\n\n\n\n<p>Note that on the risk-return curve, a multi-cap fund fits in between <a href=\"https:\/\/www.personalfn.com\/mutual-fund\/looking-for-the-best-large-cap-funds-2019-find-out-here\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">large-cap funds<\/a> and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/mutual-fund\/the-best-mid-cap-funds-to-invest-for-2019\" target=\"_blank\">mid<\/a>-and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/mutual-fund\/want-to-invest-in-the-best-small-cap-funds-in-2019-read-this\" target=\"_blank\">small-cap<\/a> funds. So, do note that although multi-cap funds come with some safety element of large caps, they also carry the risk associated with mid and small caps. Hence investors should consider investing in multi-cap funds only if their risk appetite permits, i.e. it is high, and if the investment time horizon is at least 5 years.<\/p>\n\n\n\n<p style=\"text-align:center\"><strong>Table 1:&nbsp;<em>Details of Sundaram\nEquity Fund<\/em><\/strong><\/p>\n\n\n\n<center><table class=\"wp-block-table\" style=\"background: #E8E8E8;\"><tbody><tr><td>\n  <strong>Type<\/strong>\n  <\/td><td>\n  An open-ended equity scheme investing across large-cap, mid-cap, small-cap stocks.\n  <\/td><td>\n  <strong>Category<\/strong>\n  <\/td><td>\n  Equity-linked saving scheme\n  <\/td><\/tr><tr><td>\n  <strong>Investment Objective<\/strong>\n  <\/td><td colspan=\"3\">\n  To generate capital appreciation by investing in a diversified portfolio of equity &#038; equity related instruments across market capitalisation. <br><br>\n  There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed\/indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset Management Company. \n  <\/td><\/tr><tr><td>\n  <strong>Min. Investment<\/strong>\n  <\/td><td>\n  Rs 100 and in multiples of Re 1 thereafter\n  <\/td><td>\n  <strong>Face Value<\/strong>\n  <\/td><td>Rs  10 per unit<\/td><\/tr><tr><td>\n  <strong>Plans&nbsp;<\/strong>\n  <\/td><td>\n \u2022 Regular<br>\n\t\u2022 Direct \n  \n  <\/td><td>\n  <strong>Options<\/strong>\n  <\/td><td>\u2022  Growth*<br>\n\u2022 Dividend (Payout, Re-Investment &amp; Sweep *)<br>\n<em>*Default option<\/em><\/td><\/tr><tr><td>\n  <strong>Entry Load<\/strong>\n  <\/td><td>Nil<\/td><td>\n  <strong>Exit Load<\/strong>\n  <\/td><td>For redemption:\n\t<ul class=\"disc\">\n\t<li>Within 12 months from the date of allotment\u2013 1%. <\/li>\n\t\t<li>On or after 12 months from the date of allotment \u2013 Nil<\/li>\n\t<\/ul>\n  <\/td><\/tr><tr><td>\n  <strong>Fund Manager<\/strong>\n  <\/td><td>\n  Mr S Krishnakumar &#038; Mr Bharath S (Equity), Mr Dwijendra Srivastava (Fixed Income) and Mr Rohit Seksaria, investments in overseas securities.\n  <\/td><td>\n  <strong>Benchmark Index<\/strong>\n  <\/td><td>\n  S&#038;P BSE 500 TRI Index\n  <\/td><\/tr><tr><td>\n  <strong>Issue Opens<\/strong>\n  <\/td><td>\n 16\/08\/2019\n  <\/td><td>\n  <strong>Issue Closes:<\/strong>\n  <\/td><td>\n  30\/08\/2019\n  <\/td><\/tr><\/tbody><\/table><\/center>\n\n\n\n<p style=\"font-size:11px;text-align:center\">(Source:&nbsp;<a href=\"https:\/\/www.sundarammutual.com\/uploaddir\/SID\/Equity\/Sundaram_Equity_Fund_8_2019_140819_180554.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Scheme\nInformation Document<\/a>)<\/p>\n\n\n\n<p><strong>How will the scheme allocate its assets?<\/strong><\/p>\n\n\n\n<p>Under normal circumstances, the scheme&#8217;s&nbsp;<a href=\"https:\/\/www.personalfn.com\/fns\/why-you-should-not-ignore-personalized-asset-allocation-while-investing\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">asset allocation<\/a>&nbsp;will be as under:<\/p>\n\n\n\n<p style=\"text-align:center\"><strong>Table 2:&nbsp;<em>SEF&#8217;s Asset Allocation<\/em><\/strong><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr style=\"background: #E8E8E8;\"><td rowspan=\"2\" align=\"center\">\n  <strong style=\"color:red;\">Instruments<\/strong>\n  <\/td><td colspan=\"2\" align=\"center\">\n  <strong style=\"color:red;\">Indicative\n  Allocation (% of Total Assets)<\/strong>\n  <\/td><td align=\"center\" rowspan=\"2\">\n  <strong style=\"color:red;\">Risk\n  Profile<\/strong>\n  <\/td><\/tr><tr><td align=\"center\" style=\"background: #E8E8E8;\">\n  <strong style=\"color:red;\">Minimum<\/strong>\n  <\/td><td align=\"center\" style=\"background: #E8E8E8;\">\n  <strong style=\"color:red;\">Maximum<\/strong>\n  <\/td><\/tr><tr>\n    <td>Equity &amp; Equity related securities across  market capitalisation*<\/td><td align=\"center\">65%<\/td><td align=\"center\">100%<\/td>\n      \n        <td align=\"center\">Medium to High<\/td>\n      <\/tr><tr><td>Fixed Income and Money Market Instruments^ \/  Cash &amp; Cash equivalents&nbsp; <\/td><td align=\"center\">0%<\/td><td align=\"center\">35%<\/td><td align=\"center\">Low  to Medium<\/td><\/tr>\n\t<\/tbody><\/table>\n\n\n\n<p style=\"font-size:12px\">*Includes investment in\nequity and equity-related securities of companies of all market capitalisation\ni.e. Large Cap, Mid Cap, Small Cap companies as defined below:\n<ul  style=\"list-style-type: lower-alpha;\">\n<li style=\"font-size:12px\">Large Cap: 1st -100th company in terms of full market capitalization.<\/li>\n<li style=\"font-size:12px\">Mid Cap: 101st -250th company in terms of full market capitalization.<\/li>\n<li style=\"font-size:12px\">Small-Cap: 251st company onwards in terms of full market capitalization.<\/li><\/ul>\n<span style=\"font-size:12px\">Equity and equity-related securities include Convertible bonds, debentures and warrants carrying the right to obtain equity shares.<\/span><br>\n<span style=\"font-size:12px\">^Money Market Instruments includes Certificate of Deposits, Commercial Papers, T Bills, Government Securities having an unexpired maturity up to 1 Year, Call or notice Money, Commercial Bills, Bills Rediscounting, Reverse Repo, TREPS and any other instruments as defined by RBI\/SEBI from time to time.<\/span><br>\n<ul style=\"list-style-type: disc;\">\n<li style=\"font-size:12px\">The scheme shall not invest in securitized debt or in credit default swap.<\/li>\n<li style=\"font-size:12px\">The scheme shall not engage in short selling. <\/li>\n<li style=\"font-size:12px\">The scheme shall engage in securities lending subject a maximum of 20% and 5% for a single counterparty. <\/li>\n<li style=\"font-size:12px\">The Scheme shall invest in ADR\/GDR\/Overseas securities upto 30% of the net assets <\/li>\n<li style=\"font-size:12px\">The Scheme shall invest in the repo in Corporate Bond up to 10% of the net assets of the scheme <\/li>\n<li style=\"font-size:12px\">The Scheme may use derivatives for trading, hedging and portfolio balancing. Exposure to derivatives will be limited to 50% of the net asset value of the Scheme at the time of the transaction<\/li><\/ul>\n\n\n<\/p>\n\n\n\n<p style=\"font-size:11px;text-align:center\">(Source:&nbsp;<a href=\"https:\/\/www.sundarammutual.com\/uploaddir\/SID\/Equity\/Sundaram_Equity_Fund_8_2019_140819_180554.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Scheme\nInformation Document<\/a>)<\/p>\n\n\n\n<p><strong>What will be the Investment Strategy?<\/strong><\/p>\n\n\n\n<p>The Sundaram Equity Fund aims to provide long term capital growth by\ninvesting in a well-diversified portfolio of equity and equity-related\nsecurities across market capitalisation and sectors. The scheme would aim to\nparticipate in the all-round growth of the economy. To achieve this fund\nmanagers will identify suitable stocks that will benefit from economic growth.<\/p>\n\n\n\n<p>SEF may follow a bottom-up approach towards investing\/identifying\nindividual stocks and a top-down approach towards investing\/identifying sectors\nsuch that the resultant portfolio is highly diversified.<\/p>\n\n\n\n<p>[<strong>Read<\/strong>: <a href=\"https:\/\/www.personalfn.com\/fns\/two-approaches-to-portfolio-construction-followed-by-fund-managers\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Two Approaches To Portfolio Construction Followed By Fund Managers<\/a>]<\/p>\n\n\n\n<p>The Scheme would invest in companies based on various quantitative\nand qualitative criteria like:<\/p>\n\n\n\n<ul><li>Sound financials,<\/li><li>Professional management, <\/li><li>Track record, <\/li><li>Industry scenario,<\/li><li>Industry and company growth\nprospects etc., <\/li><\/ul>\n\n\n\n<p>The Fund may also invest in overseas equities and ADR\u2019s \/ GDR\u2019s\ndepending on the Investment Manager\u2019s view\/analysis.<\/p>\n\n\n\n<p>[<strong>Read<\/strong>: <a href=\"https:\/\/www.personalfn.com\/fns\/should-you-be-investing-in-offshore-funds\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Should You Be Investing In Offshore Funds?<\/a>]<\/p>\n\n\n\n<p>To reduce the risk of the portfolio, the fund managers may also use\nvarious derivatives and hedging products from time to time for hedging and\nrebalancing purposes, in the manner permitted by SEBI. The Scheme retains the\nflexibility to hold from time to time relatively more concentrated investments\nin a few sectors or a concentrated portfolio of stocks.<\/p>\n\n\n\n<p><strong>Who will manage SEF?<\/strong><\/p>\n\n\n\n<p>The equity portion of the Sundaram Equity Fund will be co-managed by\nMr S Krishnakumar and Mr Bharath S. Mr Dwijendra Srivastava will manage the\nFixed income portion of the scheme and Mr Rohit Seksaria is the dedicated fund\nmanager for investments in overseas securities.<\/p>\n\n\n\n<p><strong>Mr Krishnakumar S<\/strong> holds an honorary degree in Engineering (BE) and\nhas done his post-graduation diploma in Business Administration. He has more\nthan 13 years of experience in Equity Research and Fund Management. <\/p>\n\n\n\n<p>He has been associated with\nSundaram Asset Management Company Ltd from December 2003<\/p>\n\n\n\n<p>as a Senior Research Analyst. Over the years he has grown to become an\nintegral part of the AMC. <\/p>\n\n\n\n<p>Currently Mr Krishnakumar is the Chief Investment Officer of Equities and manages, <a href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-mid-cap-fund-g-direct-plan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sundaram Mid Cap Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-small-cap-fund-g-direct-plan\" target=\"_blank\">Sundaram Small Cap Fund<\/a>, Sundaram Select Small Cap Series Fund<a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-diversified-equity-g-direct-plan\" target=\"_blank\">, &nbsp;Sundaram Diversified Equity Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-emerging-small-cap-sr-vi-g-direct-plan\" target=\"_blank\">Sundaram Select Micro Cap Series VI<\/a> to <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-select-micro-cap-series-xvii-g-direct-plan\" target=\"_blank\">Sundaram Select Micro Cap Series XVII<\/a>, &nbsp;<a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-lt-micro-cap-tax-adv-fund-sr-iii-g-direct-plan\" target=\"_blank\">Sundaram Long Term Micro Cap Tax Advantage Fund Series III<\/a> to <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-lt-micro-cap-tax-adv-fund-sr-vi-g-direct-plan\" target=\"_blank\">Sundaram Long Term Micro Cap Tax Advantage Fund VI<\/a>, &nbsp;<a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-large-and-mid-cap-fund-g-direct-plan\" target=\"_blank\">Sundaram Large and Midcap Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-fin-serv-opp-fund-g-direct-plan\" target=\"_blank\">Sundaram Financial Services Opportunities Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-emerging-small-cap-sr-i-g-direct-plan\" target=\"_blank\">Sundaram Emerging Small Cap Series \u2013 I<\/a> and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-emerging-small-cap-sr-ii-g-direct-plan\" target=\"_blank\">Sundaram Emerging Small Cap Series-II<\/a> as the lead fund manager.<\/p>\n\n\n\n<p>Some of the other schemes that Mr Krishnakumar co-manages are <a href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-infra-advantage-fund-g-direct-plan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">&nbsp;Sundaram Infrastructure Advantage Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-global-advt-g-direct-plan\" target=\"_blank\">Sundaram Global Advantage Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-debt-oriented-hybrid-fund-g-direct-plan\" target=\"_blank\">Sundaram Debt Oriented Hybrid Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-world-brand-fund-sr-ii-g-direct-plan\" target=\"_blank\">Sundaram World Brand Fund Series &#8211; II<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-world-brand-fund-sr-iii-g-direct-plan\" target=\"_blank\">Sundaram World Brand Fund-III<\/a> and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-rural-and-consumption-fund-g-direct-plan\" target=\"_blank\">Sundaram Rural and Consumption Fund<\/a>.<\/p>\n\n\n\n<p><strong>Mr S. Bharath<\/strong>, a commerce graduate (B. Com), completed his MBA, Financial Risk\nManagement (FRM) and ICWA. He has 6 years\nof experience in Fund management. <\/p>\n\n\n\n<p>He has been associated with\nSundaram Asset Management Company Ltd from April 2018. Prior to that, he has worked\nas a Fund Manager and Research Analyst. <\/p>\n\n\n\n<p>Currently at the fund house, some of the schemes which Mr S. Bharath manages include; <a href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-smart-nifty-100-eq-weight-fund-g-direct-plan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sundaram Smart Nifty 100 Equal Weight Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-value-fund-ii-g-direct-plan\" target=\"_blank\">Sundaram Value Fund Series II<\/a> to <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-value-fund-x-g-direct-plan\" target=\"_blank\">Sundaram Value Fund Series X<\/a> and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-lt-tax-adv-fund-sr-i-g-direct-plan\" target=\"_blank\">Sundaram Long Term Tax Advantage Fund Series I<\/a> to <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-lt-tax-adv-fund-sr-iii-g-direct-plan\" target=\"_blank\">Sundaram Long Term Tax Advantage Fund Series III<\/a>.<\/p>\n\n\n\n<p><strong>Mr Dwijendra Srivastava <\/strong>joined Sundaram Asset Management Company Ltd as the Chief Investment Officer for Debt Investments. He has done his B. Tech with a specialization in Textile Technology, PGDM in Finance and CFA. He has a work experience of over 12 years in Fixed Income and Fund Management. <\/p>\n\n\n\n<p>Before joining the fund house, he was the Head of Fixed Income at Deutsche\nAsset Management (India) Ltd, Vice President and Fund Manager at JM Financial\nAsset Management Ltd and has been associated with the Fund Management Team of\nTata Asset Management as the Fund Manager. <\/p>\n\n\n\n<p>Currently at the fund house, some of the schemes which Mr Dwijendra co-manages include; <a href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-money-fund-g-direct-plan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sundaram Money Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-ultra-short-term-fund-g-direct-plan\" target=\"_blank\">Sundaram Ultra Short-Term Fund<\/a>, Sundaram Flexible Fund Short-Term Plan, Sundaram Flexible Fund Flexible Income Plan, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-gilt-fund-g-direct-plan\" target=\"_blank\">Sundaram Gilt Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-bond-saver-inst-hd\" target=\"_blank\">Sundaram Bond Saver Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-short-term-debt-fund-g-direct-plan\" target=\"_blank\">Sundaram Select Debt Short-Term Asset Plan<\/a>, Sundaram Monthly Income Plan, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-cpo-5yrs-s7-g-direct-plan\" target=\"_blank\">Sundaram Capital Protection Oriented Fund &#8211; 5 Years &#8211; Series 7 <\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-cpo-5yrs-s8-g-direct-plan\" target=\"_blank\">Sundaram Capital Protection Oriented Fund &#8211; 5 Years &#8211; Series 8 <\/a>, Sundaram Fixed Term Plans and Sundaram Hybrid Fund Series M &amp; N.<\/p>\n\n\n\n<p><strong>Mr Rohit Seksaria,<\/strong> has a bachelor\u2019s degree in commerce (B. Com), a PGDM and is a CFA.\nHe has a work experience of over 12 years in Fund Management and Equity\nResearch.<\/p>\n\n\n\n<p>Mr Rohit is currently an Assistant Fund Manager of Equity at Sundaram Asset Management Company Ltd. Before\njoining the fund house, he was a Senior Analyst at Progress Capital Pte Ltd,\nSingapore and Matchpoint Investment Management Asia Ltd, Hong Kong. Prior to\nthat, at Irevna Research Services Ltd he worked as the Head of Research and as\na manager at UTI Mutual Fund.<\/p>\n\n\n\n<p>Currently at the fund house, some\nof the schemes which Mr Rohit jointly manages include; <\/p>\n\n\n\n<p><a href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-global-advt-g-direct-plan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sundaram Global Advantage Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-debt-oriented-hybrid-fund-g-direct-plan\" target=\"_blank\">Sundaram Debt Oriented Hybrid Fund<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-world-brand-fund-sr-ii-g-direct-plan\" target=\"_blank\">Sundaram World Brand Fund Series &#8211; II<\/a> and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.personalfn.com\/factsheet\/sundaram-world-brand-fund-sr-iii-g-direct-plan\" target=\"_blank\">Sundaram World Brand Fund-III<\/a>.<\/p>\n\n\n\n<p style=\"text-align:center\"><strong>Table\n3: <em>Performance of the Schemes managed by\nthe fund managers<\/em><\/strong><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr style=\"background: #E8E8E8;\"><td align=\"center\">\n  <strong style=\"color:red;\">Scheme\n  Name<\/strong>\n  <\/td><td align=\"center\">\n  <strong style=\"color:red;\">Benchmark\n  name<\/strong>\n  <\/td><td align=\"center\">\n  <strong style=\"color:red;\">Managing\n  since<\/strong>\n  <\/td><td align=\"center\">\n  <strong style=\"color:red;\">&nbsp;Scheme returns (%)<\/strong>\n  <\/td><td align=\"center\">\n  <strong style=\"color:red;\">Benchmark\n  returns (%)<\/strong>\n  <\/td><\/tr><tr style=\"background: #E8E8E8;\"><td>\n  <strong>Category: Conservative Hybrid Fund <\/strong>\n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><\/tr><tr><td>\n  Sundaram Debt Oriented Hybrid Fund\n  <\/td><td align=\"center\">\n  CRISIL\n  Hybrid 85+15 &#8211; Conservative Index\n  <\/td><td align=\"center\">\n  Jun-2012\n  <\/td><td align=\"center\">\n  7.61\n  <\/td><td align=\"center\">\n  9.55\n  <\/td><\/tr><tr style=\"background: #E8E8E8;\"><td>\n  <strong>Category: Equity Linked Savings Scheme <\/strong>\n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><\/tr><tr><td>\n  Sundaram Diversified Equity\n  <\/td><td align=\"center\" rowspan=\"3\">\n  Nifty\n  Smallcap 100\n  <\/td><td align=\"center\">\n  Mar-2015\n  <\/td><td align=\"center\">\n  6.18\n  <\/td><td align=\"center\">\n  -0.65\n  <\/td><\/tr><tr><td>\n  Sundaram LT Micro Cap Tax Adv Fund-Sr\n  III\n  <\/td><td align=\"center\">\n  Nov-2016\n  <\/td><td align=\"center\">\n  -4.14\n  <\/td><td align=\"center\">\n  -2.42\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram LT Micro Cap Tax Adv Fund-Sr\n  IV\n  <\/td><td align=\"center\">\n  Mar-2017\n  <\/td><td align=\"center\">\n  -11.14\n  <\/td><td align=\"center\">\n  -9.80\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram LT Tax Adv Fund-Sr I\n  <\/td><td align=\"center\" rowspan=\"3\">\n  S&amp;P\n  BSE 500\n  <\/td><td align=\"center\" rowspan=\"2\">\n  Apr-2018\n  <\/td><td align=\"center\">\n  -6.21\n  <\/td><td align=\"center\" rowspan=\"2\">\n  -4.19\n  <\/td><\/tr><tr><td>\n  Sundaram LT Tax Adv Fund-Sr II\n  <\/td><td align=\"center\">\n  -5.75\n  <\/td>\n\t\n\t<\/tr><tr><td>\n  Sundaram LT Tax Adv Fund-Sr III\n  <\/td><td align=\"center\">\n  Mar-2018\n  <\/td><td align=\"center\">\n  -19.35\n  <\/td><td align=\"center\">\n  0.56\n  <\/td>\n\t\n\t<\/tr><tr style=\"background: #E8E8E8;\"><td>\n  <strong>Category: Market Cap Fund <\/strong>\n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><\/tr><tr><td>\n  Sundaram Emerging Small Cap-Sr-I\n  <\/td><td align=\"center\">\n  S&amp;P\n  BSE Small-Cap\n  <\/td><td align=\"center\">\n  Mar-2018\n  <\/td><td align=\"center\">\n  -18.18\n  <\/td><td align=\"center\">\n  -20.48\n  <\/td><\/tr><tr><td>\n  Sundaram Emerging Small Cap-Sr-II\n  <\/td><td align=\"center\">\n  S&amp;P\n  BSE 250 Small Cap\n  <\/td><td align=\"center\">\n  Apr-2018\n  <\/td><td align=\"center\">\n  -19.43\n  <\/td><td align=\"center\">\n  -25.72\n  <\/td><\/tr><tr><td>\n  Sundaram Large and Mid Cap Fund\n  <\/td><td align=\"center\">\n  NIFTY\n  200 &#8211; TRI\n  <\/td><td align=\"center\">\n  Feb-2013\n  <\/td><td align=\"center\">\n  15.82\n  <\/td><td align=\"center\">\n  12.66\n  <\/td><\/tr><tr><td>\n  Sundaram Select Micro Cap-Series XVII\n  <\/td><td align=\"center\" rowspan=\"6\">\n  S&amp;P\n  BSE Small-Cap\n  <\/td><td align=\"center\">\n  Oct-2017\n  <\/td><td align=\"center\">\n  -20.73\n  <\/td><td align=\"center\">\n  -17.07\n  <\/td><\/tr><tr><td>\n  Sundaram Select Small Cap Series-III\n  <\/td><td align=\"center\">\n  Apr-2015\n  <\/td><td align=\"center\">\n  7.56\n  <\/td><td align=\"center\">\n  3.30\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Select Small Cap Series-IV\n  <\/td><td align=\"center\">\n  Apr-2015\n  <\/td><td align=\"center\">\n  7.63\n  <\/td><td align=\"center\">\n  3.30\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Select Small Cap Series-V\n  <\/td><td align=\"center\">\n  Dec-2017\n  <\/td><td align=\"center\">\n  -8.23\n  <\/td><td align=\"center\">\n  -22.90\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Select Small Cap Series-VI\n  <\/td><td align=\"center\">\n  Oct-2017\n  <\/td><td align=\"center\">\n  -5.16\n  <\/td><td align=\"center\">\n  -17.07\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Small Cap Fund\n  <\/td><td align=\"center\">\n  Mar-2015\n  <\/td><td align=\"center\">\n  0.42\n  <\/td><td align=\"center\">\n  3.36\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Value Fund-II\n  <\/td><td align=\"center\" rowspan=\"6\">\n  S&amp;P\n  BSE 500\n  <\/td><td align=\"center\">\n  Feb-2016\n  <\/td><td align=\"center\">\n  16.73\n  <\/td><td align=\"center\">\n  13.41\n  <\/td><\/tr><tr><td>\n  Sundaram Value Fund-III\n  <\/td><td align=\"center\">\n  Apr-2018\n  <\/td><td align=\"center\">\n  -5.35\n  <\/td><td align=\"center\">\n  -4.19\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Value Fund-IX\n  <\/td><td align=\"center\">\n  Nov-2017\n  <\/td><td align=\"center\">\n  -8.62\n  <\/td><td align=\"center\">\n  -1.05\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Value Fund-VII\n  <\/td><td align=\"center\">\n  Mar-2017\n  <\/td><td align=\"center\">\n  -9.67\n  <\/td><td align=\"center\">\n  5.15\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Value Fund-VIII\n  <\/td><td align=\"center\">\n  Apr-2018\n  <\/td><td align=\"center\">\n  -9.05\n  <\/td><td align=\"center\">\n  -4.19\n  <\/td>\n\t<\/tr><tr><td>\n  Sundaram Value Fund-X\n  <\/td><td align=\"center\">\n  Nov-2017\n  <\/td><td align=\"center\">\n  -9.48\n  <\/td><td align=\"center\">\n  -1.05\n  <\/td>\n\t<\/tr><tr style=\"background: #E8E8E8;\"><td>\n  <strong>Category: Sector Funds <\/strong>\n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><\/tr><tr><td>\n  Sundaram Infra Advantage Fund\n  <\/td><td align=\"center\">\n  S&amp;P\n  BSE 100 &#8211; TRI\n  <\/td><td align=\"center\">\n  Feb-2013\n  <\/td><td align=\"center\">\n  11.28\n  <\/td><td align=\"center\">\n  12.48\n  <\/td><\/tr><tr style=\"background: #E8E8E8;\"><td>\n  <strong>Category: Thematic Fund <\/strong>\n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><td>&nbsp;\n  \n  <\/td><\/tr><tr><td>\n  Sundaram Rural and Consumption Fund\n  <\/td><td align=\"center\">\n  NIFTY\n  500 &#8211; TRI\n  <\/td><td align=\"center\">\n  Feb-2013\n  <\/td><td align=\"center\">\n  15.86\n  <\/td><td align=\"center\">\n  12.71\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p style=\"font-size:11px;text-align:center\">(Data as on August 16, 2019)<br>(Source: ACE MF)<\/p>\n\n\n\n<p>As you can see the from the table\nabove, most of the schemes managed by the fund managers have not been\nperforming well, except a few. So, in terms of their management style, their\napproach is modest. <\/p>\n\n\n\n<p><strong>The outlook of Sundaram\nEquity Fund:<\/strong><\/p>\n\n\n\n<p>The fund house believes that an\nactive multi cap fund can deliver alpha through appropriate choice of stock\nselection. Stock selection will be done based on inflexion points &#8211; Favourable\nmacros, Corporate Fundamentals, Liquidity and Sentiment. <\/p>\n\n\n\n<p>To achieve the objective, the Sundaram Equity Fund will be actively\nmanaged by experienced Fund Managers to create well a diversified portfolio,\nwith no market cap bias.<\/p>\n\n\n\n<p>The active management approach will be helpful in enhancing the risk\nreward ratio by: <\/p>\n\n\n\n<ul><li>Dynamically altering cap curve\nallocations<\/li><li>Selecting overarching themes\ndriving economic and earnings growth<\/li><li>Active stock selection through\nbottom-up research<\/li><\/ul>\n\n\n\n<p>Hence, given the asset allocation, the fortune of the Sundaram\nEquity Fund will be closely hinged onto the performance of the stocks held in\nthe portfolio. With no restriction towards any market\ncap, the investment strategy of the fund would be to invest in opportunities\nacross sectors and market cap in line with the Fund Managers\u2019 conviction.<\/p>\n\n\n\n<p>Moreover, the Sundaram Equity Fund holds the flexibility to have a higher allocation to any market cap category to suitably position the portfolio in line with the investment outlook. But constructing the portfolio would be a challenging task for the fund managers in the present scenario. Despite the mid-cap and small caps stocks are available at discounted prices, while the large caps stocks are still at high valuations.&nbsp; Hence, the active management of stocks remains the key to wealth creation. <\/p>\n\n\n\n<p>Note that being a multi-cap fund, SEF does carry a notch higher risk\ncompared to typical large-cap funds; they are usually less volatile than\nmid-cap funds.<\/p>\n\n\n\n<p>[<strong>Read<\/strong>: <a href=\"https:\/\/www.personalfn.com\/mutual-fund\/best-multi-cap-funds-that-could-prove-to-be-wealth-multipliers-in-2019-\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Best Multi-Cap Funds That Could Prove To Be Wealth Multipliers In 2019!<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sundaram Equity Fund (SEF) launched from the stable of Sundaram Mutual Fund, is a multi-cap fund that will invest predominantly across market cap segments (i.e. large-cap, mid-cap and small-cap). The fund house believes that multi-cap funds are suitable for any market conditions when there is no clear direction of movement of any particular market cap&hellip;<\/p>\n","protected":false},"author":4,"featured_media":905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/903"}],"collection":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/comments?post=903"}],"version-history":[{"count":10,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/903\/revisions"}],"predecessor-version":[{"id":916,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/903\/revisions\/916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media\/905"}],"wp:attachment":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media?parent=903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/categories?post=903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/tags?post=903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}