Sundaram Balanced Fund

Positioning: Balanced Portfolio Average AUM ` 36 crore NAV: Regular-Growth: ` 66.7581 Dividend: ` 14.8224
NAV: Direct-Growth: ` 67.5633 Dividend: ` 15.0377
Benchmark CRISIL Balanced Fund Index Portfolio
Security Weight Performance Dec 14 NAV Per Fund Benchmark CNX Excess
Fund Manager: Shiv Chanani Period Unit (`) (%) (%) Nifty (%) points (%)
Equity Shares 72.1
He has experience of 12 years and is Infosys 5.0 Since Inception 64.46 13.7 - 12.6 -
managing this fund since January 2013. HDFC Bank 4.1 31/12/13 to 31/12/14 64.46 23.7 25.3 31.4 -1.7
Larsen & Toubro 4.0 31/12/12 to 31/12/13 52.12 5.0 6.0 6.8 -1.1
ICICI Bank 3.8 31/12/11 to 31/12/12 49.66 21.7 21.3 27.7 0.4
Portfolio Stance: The fund now has a 75- Yes Bank 3.5 Last 3 years 16.5 17.2 21.6 -0.8
25% blend focusing towards equity. The Tata Motors 3.4 Last 5 years 7.3 9.4 9.7 -2.1
fixed income portion of the fund is Maruti 3.0 Last 8 years 9.0 9.6 9.6 -0.6
` 10,000 invested
largely invested in corporate bonds with TCS 2.9
Since Launch 64,464 - 56,261
an exposure of 22 percent; and 4.0 Tech Mahindra 2.7
Last 3 years 15,798 16,121 17,911
percent in government securities. Top State Bank Of India 2.6
Last 5 years 14,209 15,674 15,925
three sectors by allocation are Financial Reliance Industries 2.6
Last 8 years 19,990 20,904 20,882
Services, IT & Construction accounting ITC 2.5
IPCA Labs 2.2 70000 Fund
to 41% of the portfolio. The equity
IRB Infrastructure 2.1 60000 Benchmark
portion of the fund now holds 37 stocks 50000 CNX Nifty
in the portfolio. Bharti Airtel 1.9
40000
Sun Pharma 1.9 30000
Bank of Baroda 1.8 20000
Allocation (%) ONGC 1.7 10000
IL&FS Transportation 1.6 0
Cash/Repo Jun-00 Dec-14
Corporate 2.5 Gujarat Ambuja 1.6
Bonds DCB 1.6
21.7 Power Grid 1.5 Value of ` 1000-a-month SIP
Hindalco 1.5 Period Investment Fund Benchmark CNX Nifty
Government Arvind Mills 1.3 Since Inception Returns (%) 13.9 - 12.1
Securities Since Inception 1,74,000 5,18,510 - 4,47,751
3.8 Equity IDFC 1.2
Last 10 years 1,20,000 2,09,898 2,17,067 2,33,148
72.1 ING Vysya Bank 1.1 Last 7 years 84,000 1,25,372 1,28,898 1,35,862
Prestige Estates Projects 1.1 Last 5 years 60,000 79,532 82,739 86,299
Average Maturity of Portfolio: 4.84 Years Brigade Enterprises 1.1 Last 3 years 36,000 46,395 48,365 49,529
Shriram Transport Fin 1.0 Last 2 years 24,000 29,401 29,352 30,711
Average Duration of Portfolio: 3.47 Years Last 1 year 12,000 13,588 13,531 13,826
India Cements 0.9
Portfolio YTM: 8.63% Alstom T&D 0.9
Sector Profile (%) Tourism Finance 0.9 Performance Analysis (Based on returns)
Financial Services 22.2 Godrej Industries 0.7 Fund CNX 500
IT 10.7 Crompton Greaves 0.7 Mean 16.34 14.12
Standard Deviation 18.30 16.05
Construction 8.2 Rural Electrification 0.7 Beta 1.05 1.00
Automobile 6.4 Cadila Healthcare 0.6 Sharpe Ratio 0.45 0.38
Energy 6.3 NTPC 0.6 Sortino Ratio 0.66 0.53
Treynors Index 7.83 6.03
Pharma 4.7 Government Securities 3.8
Alpha 1.90 Tracking Error 7.07
Consumer Goods 3.2 8.05% GUJ-SDL 25/02/25 2.7 Correlation 0.92 Information Ratio 0.31
Others 10.5 6.35% G-Sec 02/01/20 1.0 Past performance may or may not be sustained in future. Returns/investment value are as of December
Corporate Bonds 21.7 31, 2014. Returns are on a compounded annual basis for period more than one year and absolute for one-
Cash/Fixed Income 27.9
Power Finance Corp. 11.4 year period and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at
inception is as on December 31, 2014 . SIP values are in rupees. Performance Analysis on annualised basis
Weighted Average Mcap ` 1,02,863 Crore Yes Bank Ltd 5.7 using month-end NAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of
Median Market Cap ` 34,283 Crore 10 year T-Bill yield.
ING Vysya Bank Ltd 4.6
Weighted average market-cap and median market-cap Reverse Repo/ CBLO 1.6 Dividend History: visit: www.sundarammutual.com
are based on the equity component of the portfolio Cash, Call & NCA 0.9
Fund Facts: An open-end hybrid scheme Launch: June 2000 Bloomberg: SNDBALG IN Plans: Regular & Direct Options: Growth, Dividend Pay Out, Dividend Sweep,
Dividend Re-Investment Minimum Amount: ` 5,000 SIP/STP: Weekly ` 1000, Monthly ` 250, Quarterly ` 750 Terms of offer: NAV Exit Load: 1% if redeemed within 12
months from date of allotment. * Portfolio Yield is computed only for the amount invested. For Product Labels & Disclosures visit:www.sundarammutual.com

www.sundarammutual.com February 28, 2015 Sundaram Mutual Fund