Sundaram Corporate Bond Fund

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An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

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Fund Managers

Fund Manager

Mr. Dwijendra Srivastava

Sundaram Flexible Fund Flexible Income Plan

Objective:

To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low.

Key Features:
  • Rating - AAA by ICRA
  • High Credit quality as the fund predominantly invests in AAA rated corporate bonds ( predominantly PFIs ).
  • Generate returns through accrual income and capital appreciation.
  • Highly liquid papers
Target Investors:
  • Stable returns with possibility of capital gains over the medium to long term
  • High credit quality as fund will invest mainly in Sovereign/ AAA rated bonds
  • Alternative to illiquid tax free bonds

Suggested investment Horizon - 3 years & above

Moderately Risk

This product is suitable for investors who are seeking*

  • Income and Capital appreciation from a portfolio comprising substantially of fixed income and money market instruments of AA+ and above rated corporate bonds.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Fund Facts

Inception December, 2004
Scheme Type Medium Term Income Fund
Benchmark CRISIL AAA Medium Term Bond Index
Fund Manager Dwijendra Srivastava, Sandeep Agarwal
Average AUM for the month of Crores
Plans Regular, Direct
Options
Growth
Dividend – Payout; Reinvest
Portfolio YTM * 31st Oct 2018 8.79 %
Average Maturity * 31st Oct 2018 4.19 years
Average Duration * 31st Oct 2018 3.49 years
Expense Ratio (Oct 18)
Regular: 0.89%
Direct: 0.31%
Min. Initial Investment 5,000
Entry Load Nil
Exit Load (both plans) Nil (w.e.f 10/05/2013)

* 0 - indicates No Value


Returns are on a compounded annual basis for period more than one year and absolute for oneyear period and computed using NAV of Regular Plan-Growth Option