Sundaram Business Cycle Fund Review – Sundaram Business Cycle Fund Direct NFO Open on 5 June 2024 and Close on 19 June 2024. Sundaram Business Cycle Fund Direct NFO Allotment Date is 25 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open ended equity scheme following business cycles based investing theme.
Scheme Benchmark : Nifty 500 TRI
The scheme’s portfolio will be market-cap agnostic and will be diversified both in terms of sector, and market capitalization. The NIFTY 500 tracks the performance of the top 500 companies across large cap, midcap and small cap universe as defined by SEBI. Hence the benchmark would be appropriate to compare performance of the Scheme. The constituents of the Index reflect the fund’s universe in the best possible way.
Sundaram Business Cycle Fund Scheme Benchmark
Top constituents by weightage
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 6.78 |
| Reliance Industries Ltd. | 5.70 |
| ICICI Bank Ltd. | 4.64 |
| Infosys Ltd. | 2.96 |
| Larsen & Toubro Ltd | 2.55 |
| ITC Ltd. | 2.23 |
| Tata Consultancy Services Ltd. | 2.19 |
| Bharti Airtel Ltd. | 2.10 |
| Axis Bank Ltd. | 1.94 |
| State Bank of India | 1.88 |
Sundaram Business Cycle Fund Nfo Important Date
| Scheme Offer | Sundaram Business Cycle Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open ended equity scheme following business cycles based investing theme |
| Open Date | 5 June 2024 |
| Allotment Date | 25 June 2024 |
| Close Date | 19 June 2024 |
| Category | Thematic |
| Min Inv ₹ | 100 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty 500 TRI |
Sundaram Business Cycle Fund Nfo Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 365 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 100 |
| Min. SIP | Rs. 100 |
Sundaram Business Cycle Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max | Risk Profile |
|---|---|---|---|
| Equity & Equity related instruments selected on the basis of business cycle | 80 | 100 | Very High |
| Other Equity & Equity Related instruments | 0 | 20 | Very High |
| Debt and Money Market Securities including units of Debt oriented mutual fund schemes. | 0 | 20 | Low to Medium |
| Units issued by REITs & InvITs | 0 | 10 | Very High |
Sundaram Business Cycle Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 28.79 |
| Oil, Gas & Consumable Fuels | 9.02 |
| Information Technology | 8.50 |
| Automobile and Auto Components | 7.49 |
| Fast Moving Consumer Goods | 6.87 |
| Capital Goods | 6.06 |
| Healthcare | 5.45 |
| Power | 3.98 |
| Metals & Mining | 3.88 |
| Construction | 3.22 |
| Consumer Durables | 3.06 |
| Consumer Services | 3.05 |
| Telecommunication | 2.75 |
| Chemicals | 2.05 |
| Construction Materials | 2.02 |
| Services | 1.70 |
| Realty | 1.33 |
| Textiles | 0.31 |
| Media, Entertainment & Publication | 0.22 |
| Diversified | 0.16 |
| Forest Materials | 0.08 |
Investment Objective of the Scheme ?
To provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.
No Guarantee: 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 or by the Trustees.
Sundaram Business Cycle Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 4.19 | 8.62 | 33.85 | 16.57 | 10.92 |
| Total Return | 4.42 | 9.04 | 35.17 | 17.85 | 12.63 |
Sundaram Business Cycle Fund Manager Details
- Fund Manger : Mr. Ratish B Varier
- Qualification : B.Com. Graduate, MBA in Finance, PG in Investment Analysis as Certified Portfolio Manager
- Experience : Sundaram Asset Management Company Nov 2018 to till date Mahindra AMC Sept 2013 to Nov 2018 – Fund Manager equity Reliance Life Insurance Jan 2007 to Sept 2013 –Fund Manager equity.
- Fund Manger : Bharath S
- Qualification : B.Com, MBA, FRM, ICWA
- Experience : Sundaram Asset Management Company Apr 2018 to till date Head Investment Research & Senior Fund Manager Jan 2016 to Apr 2018 SPM Fund Manager Jul 2012 – Dec 2015 Fund Manager Aug 2004 – Jul 2012 Research Analyst Navia Markets May 2002 – Jul 2004 Research Analyst.
- Fund Manger : Dwijendra Srivastava
- Qualification : Bachelor of Technology (Textile Technology), CFA, PGDM (Finance)
- Experience : Sundaram Asset Management Company Limited Apr 2014 – till date Chief Investment officer – Debt Jul 2010 – Apr 2014 Head – Fixed Income Deutsche Asset Management (India) Limited Jul 2007 – Jul 2010 Vice President and Fund Manager JM Financial Asset Management Limited May 2006 – Jul 2007 Fund Manager Tata Asset Management Company Private Limited Jan 2003 – May 2006 Manager (Investments).
- Fund Manger : Sandeep Agarwal
- Qualification : B.Com, ACA, CS
- Experience : Sundaram Asset Management Co Ltd. Sep 2012 – till date Fund Manager – Fixed Income Oct 2010 – Sep 2012 Dealer – Fixed Income Deutsche Asset Management India Pvt. Ltd. Apr 2008 – oct 2010 Management Trainee – Fixed Income.
- Fund Manger : Mr. Pathanjali Srinivasan
- Qualification : Chartered Accountant, Bachelor’s degree in Commerce (B.com)
- Experience : Sundaram Asset Management Co Ltd. Mar 2024 – till date Mirabilis Investment Trust Junior Research Analyst – 1.1 years.
HOW WILL THE SCHEME ALLOCATE ITS ASSETS?
- Credit Default Swaps.
- Debt Derivatives.
- Debt instruments with special features (AT1 and AT2 bonds).
- Short Selling.
Fund Manager Manages the Scheme?
- Mr. Ratish B Varier
- Bharath S
- Dwijendra Srivastava
- Sandeep Agarwal
- Mr. Pathanjali Srinivasan
Sundaram Business Cycle Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
