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Fincash » Mutual Funds » Sundaram Banking PSU Debt Fund

Sundaram Banking & PSU Debt Fund - G

NAV  ₹38.8994 ↓ -0.04  (-0.10 %) as on 12 Apr 24

Scheme Objective

To generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks, public sector undertakings and public Financial Institutions

Sundaram Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 30 Dec 04. It is a fund with Moderately Low risk and has given a CAGR return of 7.3% since its launch.  Ranked 51 in Banking & PSU Debt category.  Return for 2023 was 6.8% , 2022 was 3% and 2021 was 2.9% .

Below is the key information for Sundaram Banking & PSU Debt Fund

NAV as on 12 Apr 24₹38.8994 ↓ -0.04  (-0.10 %)
Net Assets (AUM) as on 29 Feb 2024 ₹350 Cr.
Launch Date30 Dec 2004
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.64%
Effective Maturity3 Years 4 Months 9 Days
Modified Duration2 Years 8 Months 4 Days
Alpha Ratio0.0
Expense Ratio0.336 %
Sharpe Ratio0.603
Information Ratio0.0
BenchmarkNot Available
ISININF903J01IN3
AMCSundaram Asset Management Company Ltd
Min Investment ₹100,000
Min SIP Investment ₹250
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 0.4%
3 Month 1.8%
6 Month 3.7%
1 Year 6.8%
3 Year 4.7%
5 Year 5.9%
10 Year
15 Year
Since launch 7.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.8%
2022 3%
2021 2.9%
2020 7.6%
2019 10.1%
2018 6.1%
2017 6.2%
2016 7.9%
2015 8.5%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,883
31 Mar 21₹11,589
31 Mar 22₹11,961
31 Mar 23₹12,389
31 Mar 24₹13,289
Sundaram Banking & PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.52%
Debt92.16%
Other0.33%
Sundaram Banking & PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate47.97%
Government46.89%
Cash Equivalent4.81%
RatingValue
AAA100%
Sundaram Banking & PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.18% Govt Stock 2033
Sovereign Bonds | -
10%₹35 Cr3,500,000
Indian Oil Corporation Limited
Debentures | -
9%₹30 Cr300
HDFC Bank Limited
Debentures | -
9%₹30 Cr3,000
Rural Electrification Corporation Limited
Debentures | -
7%₹25 Cr250
Indian Railway Finance Corporation Limited
Debentures | -
7%₹25 Cr2,500
Export Import Bank Of India
Debentures | -
7%₹24 Cr250
Small Industries Development Bank Of India
Debentures | -
6%₹20 Cr200
Power Finance Corporation Limited
Debentures | -
5%₹19 Cr200
7.32% Govt Stock 2030
Sovereign Bonds | -
4%₹15 Cr1,500,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹15 Cr150
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Fund Managers

NameSinceTenure
Dwijendra Srivastava27 Jul 1013.69 Yr.
Sandeep Agarwal16 May 221.88 Yr.

Custodians

CompanyAddress
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
HSBC LtdII Floor "Shiv",,Plot No 139-140 B,,Western Express Highway, Sahar Road Junction,,Vile Parle (E),
Standard Chartered BankStandard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Sundaram Asset Management Company LtdSundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,

Auditors

CompanyAddress
M/s. Sundaram & Srinivasan23 C P Ramaswamy Road,,Alwarpet,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Sundaram Banking & PSU Debt Fund
Growth
₹38.8994
↓ -0.04
3.67 %6.78 %4.66 %5.86 %
Sundaram Banking & PSU Debt Fund
Monthly Dividend, Reinvestment
₹11.6021
↓ -0.01
3.65 %6.73 %4.63 %4.78 %
Data as on 12 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.