sundaram mutual fund consolidated factsheet march 2015

INVESTMAP

Fact Sheet forMarch 2015

Toll Free 1800 103 7237 (India) +91 44 49057300 (NRI) SMS SFUND to 56767 E-mail [email protected]

www.sundarammutual.com Sundaram Mutual Fund

Product Labels

Sundaram Mutual Fundwww.sundarammutual.com March 31, 2015

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them# ‘Plus’ used in the scheme name is only in terms of asset allocation and not in terms of return/yield.

Note: Risk may be represented as:

(BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk

Fixed Income Schemes This product is suitable for investors who are seeking*

Sundaram Money Fund• Short term income • preservation of capital, liquidity and lower level of risk through investments made primarily inmoney market and debt securities • Low RisknBlue

Sundaram Ultra Short Term Fund• Short term income • liquidity through investments made primarily in money market and debt securities• Low RisknBlue

Sundaram Flexible Fund Short-Term Plan• Short term income • reasonable returns from a portfolio comprising substantially of fixed income and money marketinstruments by keeping the interest rate risk of the fund low • Low RisknBlue

Sundaram Flexible Fund Flexible IncomePlan

• income over short to medium term • reasonable returns from a portfolio comprising substantially of fixed income andmoney market instruments by keeping the interest rate risk of the fund low • Medium Risk nYellow

Sundaram Gilt Fund• Long term income • regular income through dedicated investments in gilts consistent with preservation of capital • Low RisknBlue

Sundaram Bond Saver• Income over medium to long term • regular income by investing primarily in fixed income securities • Medium Risk nYellow

Sundaram Income Plus• Income over medium to long term, • high yields by investing in fixed income securities, • Medium Risk nYellow

Sundaram Select Debt Short-Term Asset Plan• Income over short to medium term, • to earn regular income by investing primarily in fixed income securities • Medium Risk nYellow

Sundaram Monthly Income Plan (Moderate /Aggressive / Conservative Plans)

• Income over medium to long term, • regular income through investment in fixed income securities and long term capitalappreciation by investing a portion of the assets in equity and equity related instruments, • Medium Risk nYellow

Equity Schemes This product is suitable for investors who are seeking*

Sundaram Growth Fund • Long term capital growth • Investment in equity & equity related securities • High RisknBrown

Sundaram Select Focus • Long term capital growth • Investment in equity & equity related instruments of select stocks • High RisknBrown

Sundaram Select Mid Cap • Long term capital growth • Investment in diversified stocks that are generally termed as mid-caps • High RisknBrown

Sundaram S.M.I.L.E Fund• Long term capital growth • Investment in diversified stocks that are generally termed as small and mid-caps• High RisknBrown

Sundaram Equity Multiplier • Long term capital growth • Investment in equity & equity related securities • High RisknBrown

Sundaram Tax Saver• Long term capital growth with 3 year lock-in period • Investment in equity & equity related securities• High RisknBrown

Sundaram Equity Plus#• Long term capital growth • Investment in equity & equity related instruments to the extent of 65% and in Gold-ETF upto 35% • High RisknBrown

Sundaram Select Micro Cap • Long term capital growth • investment predominantly in equity / equity-related instruments of companies that can betermed as micro-caps • High RisknBrown

Sundaram Top 100 • Long term capital growth • Investment in equity/equity-related instruments of companies specified as eligible securitiesunder RGESS • High RisknBrown

Sundaram Select Small Cap • Long term capital growth • investment predominantly in equity / equity-related instruments of companies that can betermed as small-caps. • High RisknBrown

Sundaram World Brand Fund • long term capital growth • investment predominantly in equity & equity related Instruments listed on recognized overseasstock exchanges across the world • High RisknBrown

Sundaram Value Fund • Long term capital growth • investment in a well diversified portfolio of stocks through fundamental analysis • High RisknBrown

Sundaram Balanced Fund • Long term capital growth and current income • A judicious mix of investments in equity and fixed income securities •High RisknBrown

Sundaram Infrastructure Advantage Fund

• Long term capital growth Investment in equity and equity related instruments of companies engaged either directly orindirectly in infrastructure- and infrastructure related activities or expected to benefit from the growth and development ofinfrastructure • High RisknBrown

Sundaram Select Thematic Funds - Rural India Fund

• Long term capital growth • Investment in equity and equity related instruments of companies focussing on Rural India • High RisknBrown

Sundaram Financial Services OpportunitiesFund

• Long term capital growth • Investment in equity and equity related instruments of companies engaged in Banking &Financial Services • High RisknBrown

Sundaram Entertainment Opportunities Fund • Long term capital growth • Investment in equity and equity related instruments of companies focussing on opportunitiesin the entertainment business • High RisknBrown

Sundaram Select Thematic Funds - PSUOpportunities

• Long term capital growth • Investment in equity and equity related instruments of public sector companies • High RisknBrown

Sundaram Global Advantage • Long term capital growth • Investment in units of overseas mutual funds & ETFs • High RisknBrown


Track Record Equity FundsFund/Period NAV Per Fund Benchmark CNX Excess

Unit (`) (%) (%) Nifty (%) points (%)Value of ` 10,000 invested

Fund Benchmark CNX Nifty

Since Inception 333.16 31.9 20.8 18.8 11.1 3,33,161 1,09,359 88,388 31/03/14 to 31/03/15 333.16 71.2 49.5 26.7 21.731/03/13 to 31/03/14 194.57 25.6 15.3 18.0 10.331/03/12 to 31/03/13 154.94 6.1 -3.2 7.3 9.3

Common for all the performance related information: Past performance may or may not be sustained in future. Performance information is as of March 31, 2015. Returns are computed on acompounded annual basis for period more than one year & on an absolute basis for one-year period using NAV of the Regular Plan (Growth Option). Value of ` 10000/- invested at inception is ason March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33. *Jointly managed

S KrishnakumarSundaram Select Mid Cap

Since Inception 73.54 19.1 13.4 12.6 5.7 1,46,646 69,265 61,742 31/03/14 to 31/03/15 73.54 43.3 31.9 26.7 11.331/03/13 to 31/03/14 51.33 14.6 17.2 18.0 -2.631/03/12 to 31/03/13 44.80 6.8 6.0 7.3 0.7

S Krishnakumar & Madanagopal Ramu (w.e.f.April 01, 2015)Sundaram Tax Saver*

Since Inception 70.87 21.3 11.2 14.8 10.1 70,870 29,410 40,628 31/03/14 to 31/03/15 70.87 105.6 54.0 26.7 51.631/03/13 to 31/03/14 34.48 23.3 21.8 18.0 1.531/03/12 to 31/03/13 27.95 -1.9 -12.4 7.3 10.5

Sundaram S.M.I.L.E Fund

Since Inception 25.07 10.9 9.5 10.0 1.4 25,074 22,412 23,263 31/03/14 to 31/03/15 25.07 40.0 33.2 26.7 6.831/03/13 to 31/03/14 17.91 18.0 17.1 18.0 0.931/03/12 to 31/03/13 15.18 5.0 4.8 7.3 0.2

S BharathSundaram Rural India Fund (w.e.f.April 01, 2015)

Since Inception 14.26 4.8 4.7 9.7 0.0 14,257 14,213 20,264 31/03/14 to 31/03/15 14.26 6.7 5.6 18.0 1.031/03/13 to 31/03/14 14.51 10.9 6.3 7.3 4.631/03/12 to 31/03/13 13.60 1.7 1.6 -9.2 0.1

Sundaram Global Advantage Fund

Since Inception 17.91 9.0 3.5 9.5 5.4 17,908 12,673 18,570 31/03/14 to 31/03/15 17.91 21.0 22.1 26.7 -1.031/03/13 to 31/03/14 14.79 14.5 9.9 18.0 4.631/03/12 to 31/03/13 12.92 17.4 32.4 7.3 -15.0

Shiv Chanani & Avinash Agarwal (w.e.f.April 01, 2015)Sundaram Entertainment Opportunities*

Since Inception 11.70 3.1 -4.7 9.7 7.8 11,701 7,757 16,175 31/03/14 to 31/03/15 11.70 31.8 19.7 26.7 12.131/03/13 to 31/03/14 8.88 -0.4 -2.0 18.0 1.631/03/12 to 31/03/13 8.91 -10.6 -11.4 7.3 0.7

Sundaram PSU Opportunities*

Since Inception 65.08 13.5 - 12.6 - 65,080 - 57,676 31/03/14 to 31/03/15 65.08 21.0 22.5 26.7 -1.531/03/13 to 31/03/14 53.79 13.1 13.4 18.0 -0.331/03/12 to 31/03/13 47.56 5.4 8.2 7.3 -2.7

Sundaram Balanced Fund

Since Inception 22.65 10.6 10.0 10.1 0.6 22,646 21,646 21,806 31/03/14 to 31/03/15 22.65 48.2 33.6 26.7 14.631/03/13 to 31/03/14 15.28 15.9 17.7 18.0 -1.831/03/12 to 31/03/13 13.19 1.3 5.1 7.3 -3.8

Sundaram Equity Multiplier (w.e.f.April 01, 2015)

Since Inception 129.99 17.4 13.5 12.3 3.9 1,78,735 97,207 79,563 31/03/14 to 31/03/15 129.99 27.6 31.9 26.7 -4.431/03/13 to 31/03/14 101.91 17.3 17.2 18.0 0.131/03/12 to 31/03/13 86.85 1.4 6.0 7.3 -4.7

Sundaram Growth Fund (w.e.f.April 01, 2015)

Since Inception 28.58 16.7 18.3 10.0 -1.6 28,576 31,313 19,082 31/03/14 to 31/03/15 28.58 41.5 42.9 26.7 -1.431/03/13 to 31/03/14 20.19 8.6 12.1 18.0 -3.531/03/12 to 31/03/13 18.59 3.0 11.3 7.3 -8.3

Sundaram Financial Services Opportunities (w.e.f.April 01, 2015)

Since Inception 126.94 22.2 18.8 18.8 3.4 1,26,941 88,388 88,388 31/03/14 to 31/03/15 126.94 29.2 26.7 26.7 2.531/03/13 to 31/03/14 98.26 17.5 18.0 18.0 -0.431/03/12 to 31/03/13 83.59 3.3 7.3 7.3 -4.0

Sundaram Select Focus (w.e.f.April 01, 2015)

Since Inception 13.45 8.0 9.6 12.5 -1.6 13,447 14,338 15,739 31/03/14 to 31/03/15 13.45 15.3 14.4 26.7 0.931/03/13 to 31/03/14 11.67 10.0 10.7 18.0 -0.731/03/12 to 31/03/13 10.60 0.6 6.4 7.3 -5.8

Shiv ChananiSundaram Equity Plus


Market Outlook - Equity

Equity: March saw the Sensex drop by (4.8)%, closing at 27,958.

The RBI’s surprise rate cut, three key bills being passed in both

the houses, increasing probability of a June rate hike by the Federal

Reserve and continued monetary easing by central banks across the

world, were the key highlights of the month. The financial markets

saw a net inflow of $2.5bn. in March, with a continued bias towards

debt. The rupee saw a depreciation of 1% to 62.32 against the dollar

that firmed up by 3.2% during the month.

Global

The global financial markets continued to remain broadly positive in

the month of March. Net inflows into the Eurozone saw significant

momentum taking the markets higher, the Japanese equity markets

saw a 15 year high as the Yen continued to depreciate and remain

weak against a strong dollar. The dollar touched a 11 year high in the

month of March, further weakening the Euro to a 12 year low. On the

growth front, the market sentiment appears to increasingly turning

positive on Eurozone growth with the Eurozone composite PMIs

touching a three year high. Despite these positives, the Eurozone is

yet to see an agreement on the Greece bailout, with Greece expected

to run out of cash by mid-April. The US continues to remain positive

on its economic outlook. US consumer spending, consumer

confidence and hiring have seen a solid start with job openings at a

14 year high. US GDP growth has seen some slowdown recently, but

consumption remains fairly robust. The drag on the headline is more

on account of strong dollar growth that has been pulling down

corporate profits. This also reflects in the recent weakness in the US

markets. In China, after official acknowledgement of weak growth

and the start of monetary easing through rates, the markets are

expecting the Chinese macro space to witness more measures in the

direction of monetary easing to prop up growth. Oil prices briefly

touched a 6 year intraday low in March, but Saudi strikes in Yemen

led to crude prices firming up. A positive outcome on the Iran nuclear

deal could act as a long term softener to prices. This would further

firm up the Indian growth story.

Central Banks

Monetary policy actions by central banks continued to remain in

focus for the month of March. Five central banks were seen easing

(China, Australia, RBI, ECB, Thailand) while two others moved to

tighten monetary policy (Ukraine, Brazil). The QE of the ECB

commenced and led to yields across core Europe turning negative.

The Federal Reserve, in its policy, dropped the ‘patience’ phrase and

left the question on rate action fairly open ended. The markets believe

in an increased probability of a June rate hike by the Fed.

Domestic

The month of March had its fair share of positive news flows. The

month opened with a surprise easing from the central bank. The

month witnessed the passing of the insurance bill, coal mining bill

and the MMDR bill in both the houses of the parliament. The e-

auction on the coal blocks was seen to cross `2tr. and the spectrum

auctions saw government garner `1.1tr. In addition, the cabinet

approved the supply of cheap LNG for power plants. The government

launched a platform for proactive governance called ‘PRAGATI’ that

would constantly monitor and review the important central and state

government programs. On the macro front, wholesale prices saw a

sharp drop to the negative on fuel inflation, while retail prices

marginally firmed up. Industry data appeared mixed with some

positive momentum in industrial production, but a marginal drop in

the PMI numbers. The drop in the oil price continues to benefit the

country with a continued drop in the trade deficit on lower oil

imports.

Flows

Global equities are seeing net inflows into Europe and Japan with

outflows in the US. The European equity trade is fairly crowded.

While the developed market equities are net positive on account of

Europe, the emerging market continues to see outflows. India

however, saw FII inflows into net debt and equity. FII debt saw a net

inflow of $1bn., lower from $2.2bn. last month. FII new equity flows

were seen at $1.5bn. from $1.4bn. the previous month.

Outlook

Though earlier than expected, the easing cycle has advanced and the

RBI would continue to see comfort in the Government’s commitment

to fiscal order in its budget. We have already entered the next

business cycle and the recent softening of commodity prices,

especially oil, is visibly translating into fiscal comfort and business

confidence on margins. Better growth will gradually lead to a shift in

the saving pattern of Indian households from physical to financial

with a sharp bias towards equity. Mutual funds are well positioned to

absorb this incremental shift. Corporate earnings are set to enter a

high growth trajectory driven by the domestic recovery. Our funds

are very well positioned to reap these benefits.

With the twin deficits well contained, inflation well under control,

bottomed out growth, a stable currency and an extremely strong

political mandate, every point of volatility would be an opportunity

to buy India. With every turn of the markets, the India-differentiation

story gathers more interest, momentum and conviction in that order.

This would get louder in the coming quarters and a stable rupee

would give comfort to the inflows. We continue to remain positive on

our equity markets.

Equity Desk

A detailed outlook is available at www.sundarammutual.com


Market Outlook - Fixed Income

Fixed Income: During the month, bond prices were largely trading innarrow band due to lack of triggers and the 10 year G-sec yield closed 2bps

higher at 7.74% from the previous month closing of 7.72%. This marginalincrease in the yields during the month was on account of jitteriness in globalmarkets ahead of FOMC meeting and tepid buying interest at current levels dueto lack of triggers.

Finance ministry consultations with RBI released the government borrowingprogramme for the first half of year. As per the released programmegovernment will borrow 3.60tn (60% of the total borrowings programme)however due to the redemption of earlier issued securities during the period, netborrowing will be 2.25tn this will be 520bn less than H1 2014-15 netborrowing. Therefore, no major supply pressure on government bonds for next6months. This coupled with potential further monetary easing and lowerinflation risk premium, can result in lower G-sec yields.

FII investment in Debt during the month slowed down further to US$ 0.95 bnas against US$ 2.17 bn for the last month. FII Investments in equities was US$1.50 bn, marginally higher than US$ 1.43bn in February.

All the measures on foreign investments seem to be driven by caution onaccount of massive quantitative easing from Japan and Euro regions. This hasresulted in money chasing the high yielding assets resulting in huge inflows inforeign portfolio flows, both in debt as well as equity. This could result in RBIintervening in the currency markets to keep the rupee competitive and in turnhold foreign currency assets at low yields.

Domestic Macro Factors

Index of industrial production (IIP) growth decelerated to 2.6% y-o-y inJanuary vs. 3.2% (revised from 1.7% printed earlier) in December. This washigher than the market expectations of 0.7%. The moderation was due tocontraction in consumer and intermediate goods. We expect Industrialproduction to improve in the coming months, supported by strongerdiscretionary consumer demand and the government’s efforts to de-bottleneckinvestment and policy reforms including recent mining reforms.

Current account deficit (CAD) narrowed to US$8.2bn (1.6% of GDPannualized) in QE Dec-14 from US$10.1bn (2% of GDP) in QE Sep-14. Thenarrowing in CAD compared to previous quarter was mainly due to animprovement in net exports of services led by improvement in softwareservices exports and lower outflows of investment income. We expect that thecurrent account will register a surplus in QE Mar-15 due to the fallinginternational global commodity prices, specifically oil prices, have led toimprovement in the terms of trade which will help to keep the current accountdeficit well within policy makers' comfort zone.

India’s trade deficit in February narrowed further to USD 6.8bn from USD8.3bn in January. Export growth fell further to (-15.00%) y-o-y in Februaryfrom (-11.2%)in January. The contraction in exports was due to decline inagriculture exports and oil exports (decline of 55.5% against decline of ~ 48%in January) on account of lower crude oil prices and slack in global demand.Likewise, import growth also fell further to (-15.7%) y-o-y in February from (-11.4%) in January due to lower oil imports (-55.5% vs-37.5% in December)and gold imports. However non-oil and non-gold imports registered a healthygrowth of 10.1% in February compared to 3.1% in January. This reflects thegradual recovery in growth.

The rupee depreciated by 1% from last month and closed at 62.50/$. India’sforex reserve rose to record $339.99bn in the week ending March 20, 2015.

WPI inflation printed at -2.1% y-o-y, the fourth consecutive month of negativeprint, lower than -0.39% in January and market expectations of 0.80%. The fallacross the board was due to the fall in prices including primary article, fuel andmanufactured non-food products. Future outlook for WPI inflation largelydepends on the outlook for global commodity prices, which currently looksstable.

CPI inflation rose to 5.37% y-o-y in February from 5.11% in January, higherthan market expectations of 5.21%. The rise in headline CPI inflation wasprimarily driven by a bounce-back in food prices due to lower base of last year.Core CPI inflation (CPI ex-food & fuel) printed lower at 3.90% in Februarycompared to 4% in January.

Global Macro Development

In the United States, the March FOMC statement and “dot plot” were moredovish than the market expected. The probability of a September hike looksmuch higher now than a June hike, with a risk that the first hike could bepushed even later.

The Committee presented a less positive assessment of the incoming data in itsstatement, while participants’ projections for the path of the fed funds ratemoved down significantly. With the median dot at 0.625% at the end of 2015,it now looks like the Committee’s baseline is two rather than three 25 bps hikesthis year.

In China the official PMI rose surprisingly to 50.1 in March from 49.9 inFebruary. The HSBC PMI dropped to 49.6 from 50.7.The finished goodsinventory index in the official PMI rose to 48.6 from 47, but the finished goodsindex in the HSBC PMI dropped to 49.5 from 50.4. The two PMIs also showmixed signals on employment.

Overall China faces a slow down as GDP projections get revised downward andalso industrial profit declined by 4.2% on a year-on-year basis. Markets expectthat this will trigger further monetary policy easing.

The Eurozone’s economic recovery strengthened and manufacturing activityacross the region grew at the fastest pace since last May as the EuropeanCentral Bank’s quantitative easing programme helps stimulate demand anddrives down the euro. The Market’s manufacturing PMI for the Euro region hita 10-month high of 52.2 -- higher than that 51.9 estimated two weeks ago.

Crude prices traded in the range of $53.51 to $61.78 level during the monthwith average price at $ 57.09 compared to 59.32 of last month and closed at$55.11 levels.

Outlook

The average systemic liquidity deficit in March was higher at average INR1012bn as compared to INR 850bn in February due to tax outflow during the month.Going forward, the government’s disinvestment program, spectrum auctionpayments and pickup in credit off take can lead to pressure on system liquidity.However expect the RBI will be quick to address this.

RBI announced a surprise rate cut of 25bps during the month. RBI in itsstatement accompanying the rate cut announcement clarified that further ratecuts in future will data depend. It stated that the “key to further easing is datathat confirm continuing disinflationary pressures… sustained high qualityfiscal consolidation as well as steps to overcome supply constraints and assureavailability of key inputs such as power, land, minerals and infrastructure” withthe latter necessary to raise potential growth.

With lower global commodity prices, falling inflation and government’s strongintent of reducing fiscal deficit (both quantity and quality) makes it a highprobability event.

We continue to expect RBI to ease policy rate by 25-50bps in 2015. This is onassumption that the inflation for the year averages around 5.50%.

We continue to believe that the present level of 10 years GSEC at 7.74%, AAAcorporate bonds at 8.25% and 1 year CDs at 8.25% are attractive andrecommend investment in duration products like Gilt and Income Funds with atime horizon of 9-18 months. The European Central Bank’s QE should alsosupport the emerging markets including India via low European yields pushinginvestors to seek out higher returns.

Fixed Income DeskA detailed outlook is available at www.sundarammutual.com


Sundaram Growth Fund

Fund Facts: An open-end equity scheme • Launch: April 1997 • Bloomberg: SUNGROW 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 Termsof offer: NAV Exit Load: 2% - If redeemed / switched out within 18 months from the date of allotment. NIL - If redeemed / switched out after 18 months from the date of allotment-w.e.f. November 28, 2014. The exit load period for unitholders, whose units have merged with Sundaram GrowthFund, shall be reckoned from the date of allotment of units in Sundaram India Leadership Fund at the time of subscribing to that scheme initially. J Venkatesan was the fund manager for the fund till March 31, 2015 For Product Labels, please refer Page 2. Disclosures: Page 33.

Overweight UnderweightActive Sector Allocation versus Benchmark

Media & EntertainmentTextilesPaper

Consumer GoodsAutomobileIT

Overweight UnderweightActive Stock Allocation versus Benchmark

ICICI BankReliance IndustriesAxis BankBajaj FinserveState Bank Of India

Kotak Mahindra BankITCInfosysTCSHDFC

Sector Profile (%)26.8

9.0

6.1

5.5

5.1

4.0

3.3

7.3

26.1

7.0

Financial Services

IT

Energy

Consumer Goods

Automobile

Pharma

Construction

Others

Cash/Others

Derivatives

PortfolioSecurity Weight

Portfolio Stance: The allocation toequity is about 67%. The equityportfolio, as always, maintains a welldiversified stance. The number of stocksin the portfolio has been at 50. Theexposure to mid-cap space stays at anenhanced level, but the portfolio retainsits large-cap tilt in line with fundpositioning. Top sectors by allocation areFinancial Services, IT and energyaccounting close-to 42 percent of theportfolio. The most active overweightstance is in Media & Entertainment,Textiles & Paper & underweight stanceis in Consumer Goods, Automobile & IT.

ICICI Bank 8.0 Infosys 4.6 H D F C 4.5 HDFC Bank 4.4 ITC 3.5 Larsen & Toubro 3.3 Reliance Industries 3.1 T C S 2.5 Axis Bank 2.4 Bajaj Finserve 2.2 Tata Motors 1.9 State Bank of India 1.6 Sun Pharma 1.5 Hindustan Lever 1.2 O N G C 1.1 Bharti Airtel 1.1 Mahindra & Mahindra 1.1 ING Vysya Bank 1.0 HCL Technologies 1.0 Maruti 0.9 Lupin 0.9 Coal India 0.9 Dr Reddy's Labs 0.9 Wipro 0.8 Yes Bank 0.8 IndusInd Bank 0.8 Tech Mahindra 0.8 Asian Paints 0.7 Cipla 0.7 Power Grid 0.6 Hero Motocorp 0.6 N T P C 0.6 UltraTech Cement 0.6 Idea Cellular 0.6 Bajaj Auto 0.5 Grasim 0.5 I D F C 0.4 B H E L 0.4 Tata Steel 0.4 Sesa Sterlite 0.4 Bharat Petroleum 0.4 Gujarat Ambuja 0.4 Zee Entertainment 0.4 The Phoenix Mills 0.3 Hindalco 0.3 Bank of Baroda 0.3 A C C 0.3 Tata Power 0.3 Punjab National Bank 0.2 Kotak Mahindra Bank 0.1 Equity 66.9 Derivatives 7.0Mutual Fund Units -Sundaram Money Fund 30.2Cash -4.1No of Stocks 50Weighted Average Market Cap: ` 1,67,979 Crore

Median Market Cap: ` 74,881 Crore

Fund Manager: Shiv Chanani

He has experience of 12 years and ismanaging this fund since April 01, 2015

Benchmark S&P BSE 200 Index

Dividend History: Refer page 32

Average AUM ` 665 Crore NAV: Regular-Growth: ` 129.9893 Dividend: ` 11.6241NAV: Direct-Growth: ` 131.7229 Dividend: ` 11.6673

Turnover Ratio (%) 286

Positioning: Diversified Large-Cap Fund

Value of ` 1000-a-month SIP

0

100000

50000

150000

200000

250000 FundBenchmarkCNX Nifty

Apr-97 Mar-15

Past performance may or may not be sustained in future. Return/investment value are as of March 31, 2015 arecomputed using an adjusted series of NAV for dividends declared before separate Dividend and Growth Options wereintroduced in January 2003. Returns are on a compounded annual basis for period more than one year and absolute forone-year period and computed using NAV of Regular Plan-Growth Option. Value of `. 10,000 invested at inception is ason March 31, 2015. SIP values are in rupees. Performance Analysis on annualised basis using month-end NAVs sincelaunch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.

Performance Analysis (Based on returns)

Alpha 3.83 Correlation 0.96

Tracking Error 7.96 Information Ratio 0.38

Fund Benchmark Mean 19.55 16.52 Standard Deviation 25.86 27.33 Beta 0.90 1.00 Sharpe Ratio 0.44 0.31 Sortino Ratio 0.64 0.44 Treynors Index 12.66 8.43

Period Investment Fund Benchmark CNX Nifty

Since Inception Returns (%) 17.5 15.5 14.4Since Inception 2,15,000 17.4 13.5 12.3Last 10 years 1,20,000 14.5 15.1 15.3Last 7 years 84,000 7.1 9.0 8.7Last 5 years 60,000 8.9 10.0 10.1Last 3 years 36,000 14.9 17.9 17.0Last 2 years 24,000 22.3 24.3 22.2Last 1 year 12,000 27.6 31.9 26.7

Performance Mar 15Period

NAV Per Fund Benchmark CNX ExcessUnit (`) (%) (%) Nifty (%) points (%)

Since Inception 129.99 17.4 13.5 12.3 3.931/03/14 to 31/03/15 129.99 27.6 31.9 26.7 -4.431/03/13 to 31/03/14 101.91 17.3 17.2 18.0 0.131/03/12 to 31/03/13 86.85 1.4 6.0 7.3 -4.7Last 3 years 14.9 17.9 17.0 -3.0Last 5 years 8.9 10.0 10.1 -1.0Last 8 years 9.5 10.8 10.5 -1.3

` 10,000 investedSince Launch 1,78,735 97,207 79,563 Last 3 years 15,169 16,394 16,034 Last 5 years 15,347 16,083 16,176 Last 8 years 20,713 22,724 22,219


Sundaram Tax Saver

Fund Facts: An open-end ELSS scheme • Launch: November 1999 • Bloomberg: SNDTAXO IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out, Dividend Sweep, Dividend Re-Investment • Minimum Amount: ` 500 • SIP/STP:Weekly ` 1000, Monthly ` 250, Quarterly ` 750 Terms of offer: NAV Exit Load: Nil (lock-in period 36 months). Fresh subscriptions under dividend reinvestment option under direct & regular plan has been discontinued with effect from March11, 2015. The default option will be dividend payout if dividend option is chosen. J Venkatesan was the fund manager for the fund till March 31, 2015 For Product Labels, please refer Page 2. Disclosures: Page 33


Industrial ManufacturingTextilesFinancial Services

Consumer GoodsITPharma


Bajaj FinanceRamco CementsMahindra CIE AutoKarur Vysya BankCESC

HDFCTCSTata MotorsITC LtdReliance Industries


17.5

7.5

7.3

6.3

4.5

3.8

20.9

0.9

Financial Services

Industrial Manufacturing

Energy

Automobile

IT

Textiles

Pharma

Others

Cash/Others


Portfolio Stance: The portfolio retains itsmulti-cap diversified profile with a largecap bias in line with its positioning. Theweighted average-market cap confirmsthe large-cap orientation while themedian market cap indicates the additionof a dash of mid- and small-cap stocks tothe portfolio of the fund. Top sectors interms of allocation are FinancialServices, Industrial Manufacturing &Energy accounting for about 56 percentof the portfolio. We are currentlyoverweight in Industrial Manufacturing,Textiles and Financial services ascompared to the benchmark.

HDFC Bank 6.6 Infosys 5.2 ICICI Bank 4.0 Bajaj Finance 3.7 Larsen & Toubro 3.1 Axis Bank 2.9 Tech Mahindra 2.9 Sun Pharma 2.6 IndusInd Bank 2.6 Ramco Cements 2.5 Yes Bank 2.4 Mahindra CIE Auto 2.4 CESC 2.3 Karur Vysya Bank 2.2 ITC 2.2 UPL 2.1 Alstom T&D 2.0 Tata Motors 1.9 Cummins India 1.8 SRF 1.8 Ashok Leyland 1.8 Grindwell Norton 1.8 PVR 1.7 Maruti 1.7 Honeywell Automation 1.7 FAG Bearings 1.6 Reliance Industries 1.6 Gujarat Pipavav Port 1.6 Arvind Mills 1.5 Bharat Forge 1.4 Indian Hotels 1.4 State Bank of India 1.3 Bharti Airtel 1.3 Eicher Motor 1.3 Tata Communications 1.3 O N G C 1.3 Century Plyboards 1.3 Federal Bank 1.2 Shasun Pharma 1.2 The Phoenix Mills 1.1 HCL Technologies 1.1 Crompton Greaves 1.1 Bharat Petroleum 1.1 UltraTech Cement 1.0 Indraprastha Gas 1.0 Bajaj Finserve 1.0 AIA Engineering 0.9 Kotak Mahindra Bank 0.9 Indian Bank 0.9 Shriram Transport Fin 0.7 Coromandel International 0.7 Tata Steel 0.7 Andhra Bank 0.6 Hero Motocorp 0.5 INOX Wind 0.3 ING Vysya Bank 0.2 Indian Hotels - Right 0.3 Equity 99.4 Mutual Fund Units -Sundaram Money Fund 0.2 Cash 0.4 No of Stocks 56Weighted Average Market Cap: ` 89,717 Crore


Fund Managers: S Krishnakumar andMadanagopal Ramu

S Krishnakumar has experience of 16 yearsand is managing this fund since April 01,2015.

Madanagopal Ramu has experience of nineyears and is managing this fund since April01, 2015.


Average AUM ` 1,224 Crore NAV: Regular-Growth: ` 73.5382 Dividend: ` 15.0663NAV: Direct-Growth: ` 74.1094 Dividend: ` 15.1867


Positioning: Multi-Cap (Large-Cap Bias)

Value of ` 1000-a-month SIPPeriod Investment Fund Benchmark CNX Nifty


Past performance may or may not be sustained in future. Return/investment value are as of March 31, 2015 are computed using an adjustedseries of NAV for dividends declared before separate Dividend and Growth Options were introduced in May 2005. Returns are on a compoundedannual basis for period more than one year and absolute for one-year period and computed using NAV of Regular Plan-Growth Option. Valueof ` 10,000 invested at inception is as on March 31, 2015. SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.


Alpha 5.31Correlation 0.95

Tracking Error 8.49 Information Ratio 0.54

Nov-99 Mar-15

FundBenchmarkCNX Nifty

020000400006000080000

100000120000140000160000180000



Since Inception 73.54 19.1 13.4 12.6 5.731/03/14 to 31/03/15 73.54 43.3 31.9 26.7 11.331/03/13 to 31/03/14 51.33 14.6 17.2 18.0 -2.631/03/12 to 31/03/13 44.80 6.8 6.0 7.3 0.7Last 3 years 20.6 17.9 17.0 2.7Last 5 years 12.3 10.0 10.1 2.3Last 8 years 13.8 10.8 10.5 3.0





Sundaram Select Focus

Fund Facts: An open-end equity scheme • Launch: July 2002 • Bloomberg: SUNSFOG 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: Nil (w.e.f. February 03, 2014).J Venkatesan was the fund manager for the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33


Industrial ManufacturingFinancial ServicesTextiles

ITEnergyConsumer Goods



10.5

10.0

7.4

6.3

5.8

5.8

14.1

2.8

0.6

Financial Services

Automobile

IT


Consumer Goods

Construction

Energy

Others

Cash/Others

Derivatives


Portfolio Stance: Sundaram SelectFocus is a dedicated large-cap fund. Thelarge cap tilt has been an integral featuresince launch in July 2002, providingcomfort of style integrity to investors.The style integrity and track recordmakes the fund an appropriate vehicle fordefined asset allocation decision byinvestors. The fund has its equityallocation to about 96.5 percent. Thenumber of stocks in the portfolio is at 39.The top three sector exposures byallocation – Financial services, IT &Automobile –accounting close to 57percent. Active overweight stances are inFinancial Services, IndustrialManufacturing & Textiles.

HDFC Bank 9.2 Infosys 7.5 Larsen & Toubro 5.8 ICICI Bank 5.5 Axis Bank 4.6 ITC 4.1 State Bank of India 3.8 Tech Mahindra 3.8 Tata Motors 3.7 ING Vysya Bank 3.6 Sun Pharma 3.4 Maruti 3.3 H D F C 3.1 T C S 2.6 Arvind Mills 2.3 Bharti Airtel 2.2 UltraTech Cement 2.2 Reliance Industries 2.1 Yes Bank 2.0 O N G C 2.0 Shree Cements 1.6 Bharat Forge 1.6 Mahindra & Mahindra 1.5 LIC Housing Finance 1.5 Shriram Transport Fin 1.3 B H E L 1.2 Bajaj Finserve 1.1 H P C L 1.1 Tata Motors 1.0 Hero Motocorp 1.0 Marico Industries 1.0 Dr Reddy's Labs 0.9 Tata Steel 0.9 Crompton Greaves 0.8 Allahabad Bank 0.8 Hindustan Lever 0.7 Colgate Palmolive 0.7 Castrol India 0.7 Hindalco 0.6 Equity 96.6 Mutual Fund Units -Sundaram Money Fund 2.5 Derivatives 0.6 Cash 0.3 No of Stocks 39Weighted Average Market Cap: ` 1,55,800 Crore



He has experience of 12 years and ismanaging this fund since April 01, 2015

Benchmark CNX Nifty Index



Positioning: Concentrated Large-Cap Fund



Past performance may or may not be sustained in future. Returns/investment value are asof March 31, 2015. Returns are on a compounded annual basis for period more than one yearand absolute for one-year period and computed using NAV of Regular Plan-Growth Option.Value of ` 10,000 invested at inception is as on March 31, 2015. SIP values are in rupees.Performance Analysis on annualised basis using month-end NAVs since launch. The risk freerate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.



Tracking Error 8.89Information Ratio 0.33


Jul-02 Mar-15

FundBenchmark

0 20000 40000 60000 80000

100000 120000

160000 140000

Performance Mar 15

PeriodNAV Per Fund Benchmark CNX ExcessUnit (`) (%) (%) Nifty (%) points (%)

Since Inception 126.94 22.2 18.8 18.8 3.431/03/14 to 31/03/15 126.94 29.2 26.7 26.7 2.531/03/13 to 31/03/14 98.26 17.5 18.0 18.0 -0.431/03/12 to 31/03/13 83.59 3.3 7.3 7.3 -4.0Last 3 years 16.2 17.0 17.0 -0.8Last 5 years 8.7 10.1 10.1 -1.4Last 8 years 10.4 10.5 10.5 -0.1



ING Vysya BankHDFC Bank Tech MahindraArvind MillsMaruti

HDFCReliance IndustriesI T CKotak Mahindra BankTCS


Sundaram Select Mid Cap

Fund Facts: An open-end equity scheme • Launch: July 2002 • Bloomberg: SUNSMIG 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 12months from date of allotment. For Product Labels, please refer Page 2. Disclosures: Page 33


AutomobileTextilesIndustrial Manufacturing

ServicesITConstruction


FAG BearingsSRFWabco IndiaBajaj FinanceMahindra CIE Automotive

MindtreeBajaj Holdings & InvestTata ChemicalsPage IndustriesShriram City Union Finance

Sector Profile (%)


Portfolio Stance: Sundaram Select MidCap is a dedicated mid-cap fund sporting anacclaimed track record and outpacing thebenchmark comfortably since launch inJuly 2002. The weighted-average marketcap and median market cap, are as always,well below to the permitted threshold -indicating the genuine and complete midcaporientation of the fund. This style integrity,which has been maintained since launch in2002, and the track record places the fundas an appropriate vehicle for defined assetallocation decision by investors. The fundhas 55 stocks in the portfolio and has 99.1%in equity. The fund’s top three sectors byallocation are Automobile, FinancialServices & Industrial Manufacturing.

FAG Bearings 7.1SRF 5.9Wabco India 4.9Bajaj Finance 3.8Mahindra CIE Auto 3.5UPL 3.3Hindustan Sanitaryware 3.2Timken India 3.1Ashok Leyland 3.0Honeywell Automation 2.9Sundaram Clayton 2.8Karur Vysya Bank 2.7Indraprastha Gas 2.6Arvind Mills 2.4D C B 2.3Bajaj Finserve 2.1IPCA Labs 2.0Castrol India 1.8Bharat Earth Movers 1.7Crompton Greaves 1.7Indian Bank 1.7India Cements 1.7Yes Bank 1.6Cummins India 1.6Ramco Cements 1.5EID Parry 1.5Federal Bank 1.4Jyothy Laboratories 1.4Cholamandalam Invest. 1.4Whirlpool of India 1.3Coromandel International1.3Alstom Power 1.2Tata Communications 1.2Grindwell Norton 1.2Prestige Estates Projects 1.2Hindustan Construction 1.1Prism Cement 1.1M & M Financial 1.1Trent 1.1Indian Hotels 1.0Voltas 1.0Persistent Systems 1.0The Phoenix Mills 1.0Thermax 0.9Jagran Prakashan 0.9PVR 0.8Alstom T&D 0.7Strides Arcolab 0.7INOX Wind 0.6Indian Overseas Bank 0.6Vardaman Textiles 0.4Usha Martin 0.4NIIT 0.3Solar Industries 0.3Union Bank of India 0.3Indian Hotels -Rights 0.2Equity 99.3Mutual Fund Units -Sundaram Money Fund 0.5Cash 0.1No of Stocks 55Weighted Average Market Cap: ` 9,344 Crore


Fund Manager: S KrishnakumarHe has experience of 16 years and ismanaging this fund since November 2012.

Benchmark S&P BSE Mid-Cap Index

Average AUM ` 2,894 Crore NAV: Regular-Growth: ` 333.1608 Dividend: ` 32.5784NAV: Direct-Growth: ` 337.4922 Dividend: ` 33.0592


Positioning: Pure Mid-Cap Fund



Past performance may or may not be sustained in future. Returns/investment value are as of March 31, 2015. Returns are on a compoundedannual basis for period more than one year and absolute for one-year period and computed using NAV of Regular Plan-Growth Option. Valueof ` 10,000 invested at inception is as on March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-end NAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.






Jul-02 Mar-150

50000100000150000200000250000300000350000400000



21.3

18.9

16.8

9.7

7.0

6.0

4.3

15.1

0.9

Automobile

Financial Services


Textiles

Consumer Goods

Fertilisers & Pesticides

Cement & Cement Products

Others

Cash/Others

Since Inception 333.16 31.9 20.8 18.8 11.131/03/14 to 31/03/15 333.16 71.2 49.5 26.7 21.731/03/13 to 31/03/14 194.57 25.6 15.3 18.0 10.331/03/12 to 31/03/13 154.94 6.1 -3.2 7.3 9.3Last 3 years 31.6 18.6 17.0 13.0Last 5 years 19.9 9.2 10.1 10.7Last 8 years 18.4 8.8 10.5 9.6

` 10,000 investedSince Launch 3,33,161 1,09,359 88,388 Last 3 years 22,805 16,690 16,034 Last 5 years 24,805 15,563 16,176 Last 8 years 38,670 19,673 22,219




Fund Facts: An open-end equity scheme • Launch: February 2005 • Bloomberg: SMILEG 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.For Product Labels, please refer Page 2. Disclosures: Page 33. The scheme benchmark has been changed to S&P BSE Small Cap Index from CNX Mid Cap Index w.e.f 01-Aug-2013.


Industrial ManufacturingFinancial ServicesCement & Cement Products

ITConstructionTextiles


Shasun PharmaV Guard IndsutriesHindustan SanitarywareTD Power SystemsDevelopment Credit Bank

Greencrest Fin ServicesSunrise AsianTata ElxsiStandard Chartered PLCElgi Equipments


14.6

12.6

11.7

8.2

6.4

5.2

16.2

4.5

1.0


Financial Services

Consumer Goods

Automobile

Pharma


Construction

Others

Cash/Others

Derivatives


Portfolio Stance: The fund’s allocationto equity is 94.4 percent. In line with itspositioning, the fund maintains its tilttowards mid- and small-cap stocks; theweighted average market cap coupledwith the median market cap indicatesmid- and small-cap orientation of theportfolio. The fund now holds 63 stocksin its portfolio. The top three sectors byallocation are Industrial Manufacturing,Financial services & Consumer Goods.Active overweight stance is in IndustrialManufacturing, Financial Services &Cement.

Shasun Pharma 6.0 V Guard Indsutries 4.3 Hindustan Sanitaryware 4.2 TD Power Systems Ltd 3.8 D C B 3.4 Rane Holdings 3.3 Timken India 2.9 Ashok Leyland 2.6 Karur Vysya Bank 2.5 Century Plyboards 2.5 Suzlon Energy 2.4 NRB Bearings 2.3 Grindwell Norton 2.1 Nagarjuna Construction 2.0 Adlabs Entertainment 1.9 J K Cements 1.9 Ramco systems 1.9 Sundaram Fasteners 1.9 Texmaco Rail 1.8 ITD Cement 1.8 Navin Fluorine Chem 1.8 ISGEC Heavy Eng. 1.5 Redington (India) 1.5 Greaves Cotton 1.4 Suven 1.4 Kalpataru Power 1.4 ICRA 1.3 SKS Micro Finance 1.3 Indian Hotels 1.3 Gammon Infra 1.2 Indian Bank 1.1 Mahindra CIE Auto 1.1 INOX Leisure 1.1 Andhra Bank 1.1 CCL Products 1.0 GIC Housing Finance 1.0 L G Balakrishnan & Bros 1.0 KSB Pumps 1.0 Gujarat State Petronet 1.0 Himatsingka Seide 1.0 Allahabad Bank 1.0 Ramco Cements 0.9 Heidelberg Cement India 0.9 Ashoka Buildcon 0.9 SRF 0.9 Brigade Enterprises 0.9 TRF 0.9 Bajaj Finance 0.8 India Cements 0.8 Amrutanjan Health Care 0.8 McNally Bharat 0.7 Max Indi 0.6 Easun Reyrolle 0.5 Heritage Foods 0.5 Usha Martin 0.5 P R I C O L 0.5 Hindustan Dorr Oliver 0.4 Seamec 0.4 Mastek 0.4 OBC 0.3 Vascon Engineers 0.2 Shanthi Gears 0.1 INOX Wind 0.0 Indian Hotels -Rights 0.3 Equity 94.8 Mutual Fund Units -Sundaram Money Fund 1.5 Derivatives 1.0 Cash 2.7 No of Stocks 63Weighted Average Market Cap: ` 3,855 Crore


Fund Manager: S KrishnakumarHe has experience of 16 years and ismanaging this Small & Medium IndianLeading Equities (S.M.I.L.E) Fund sinceDecember 2006.

Benchmark S&P BSE Small Cap Index



Positioning: Multi-Cap (Mid/Small-Cap Bias)

Past performance may or may not be sustained in future. Returns/investment value areas of March 31, 2015. Returns are on a compounded annual basis for period more than oneyear and absolute for one-year period and computed using NAV of Regular Plan-GrowthOption. Value of ` 10,000 invested at inception is as on March 31, 2015 . SIP values are inrupees. Performance Analysis on annualised basis using month-end NAVs since launch.The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.





Feb-05 Mar-15


0100002000030000400005000060000

8000070000





Since Inception 70.87 21.3 11.2 14.8 10.131/03/14 to 31/03/15 70.87 105.6 54.0 26.7 51.631/03/13 to 31/03/14 34.48 23.3 21.8 18.0 1.531/03/12 to 31/03/13 27.95 -1.9 -12.4 7.3 10.5Last 3 years 35.5 18.0 17.0 17.5Last 5 years 18.0 5.1 10.1 12.9Last 8 years 19.5 6.7 10.5 12.7

` 10,000 investedSince Launch 70,870 29,410 40,628 Last 3 years 24,869 16,428 16,034 Last 5 years 22,902 12,816 16,176 Last 8 years 41,522 16,831 22,219



Sundaram Equity Multiplier

Fund Facts: An open-end equity scheme • Launch: February 2007 • Bloomberg: SNDEMUG 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. S Krishnakumar & ShivChanani were jointly managing the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33


ConstructionIndustrial ManufacturingChemicals

Financial ServicesAutomobileMetals


Gillette IndiaTata CommunicationsAshoka BuildconNagarjuna ConstructionGIC Housing Finance

HDFCI T C Tata MotorsAxis BankTCS


11.7

10.0

9.8

8.8

7.3

6.8

17.7

4.6

0.2

Financial Services

Consumer Goods

IT

Energy

Construction


Pharma

Others

Cash/Others

Derivatives


Portfolio Stance: The portfolio of thisgo-anywhere fund continues to be spreadmore across the cap-curve withenhanced exposure to the mid- andsmall-cap space. Allocation to equity isat 95 percent. Top sectors by allocationare Financial Services, IT & ConsumerGoods accounting for about 44.8 percentof the portfolio. The fund now holds 56stocks in its portfolio. It has activeoverweight stance in Construction,Chemicals & Industrial Manufacturing.

Infosys 4.3HDFC Bank 4.0State Bank of India 3.8ICICI Bank 3.5Gillette India 3.4Larsen & Toubro 3.4Reliance Industries 3.2Tata Communications 3.0Wipro 3.0Ashoka Buildcon 2.8Nagarjuna Construction 2.6Britannia Industries 2.5Pfizer India 2.4GIC Housing Finance 2.4ICRA 2.2Tech Mahindra 2.0Ranbaxy 1.9Eicher Motor 1.9Elantas Beck India 1.8ITC 1.8SKF Bearings 1.8Procter & Gamble India 1.7Mastek 1.7Maruti 1.5Prism Cement 1.4Punjab National Bank 1.4Gujarat Ambuja 1.4Exide 1.4Alstom T&D 1.4Torrent Pharma 1.4Crompton Greaves 1.3Vatech Wabag 1.3Power Trading Corp. 1.1Coal India 1.1Cipla 1.1Akzo Nobel 1.1N T P C 1.1Tata Chemicals 1.0Torrent Power 1.0T C S 1.0M & M Financial 1.0Bank of Baroda 1.0O N G C 1.0Mahindra & Mahindra 0.9Bharti Airtel 0.9B H E L 0.9I D F C 0.9G A I L 0.9PTC India 0.9Indraprastha Gas 0.8OBC 0.8Motilal Oswal 0.7Whirlpool of India 0.7INOX Wind 0.6Asian Paints 0.5L&T Finance 0.5Equity 95.2 Mutual Fund Units -Sundaram Money Fund 0.8 Derivatives 0.2 Cash 3.8 No of Stocks 56Weighted Average Market Cap: ` 85,008 Crore



He has experience of 12 years and wasjointly managing this fund with SKrishnakumar since January 2013.

He is managing this fund independentlyw.e.f. April 01, 2015

Benchmark CNX 500 Index



Positioning: Diversified Equity Fund

Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015. SIP values are in rupees. SIP performance is computed since the fund became open-ended. Performance Analysis on annualised basis using month-end NAVs since launch. The risk free rate is8.0907% per annum based on the upper band of 10 year T-Bill yield.




Fund BenchmarkMean 13.83 12.71 Standard Deviation 27.45 27.48 Beta 0.94 1.00 Sharpe Ratio 0.21 0.17 Sortino Ratio 0.31 0.23 Treynors Index 6.13 4.62

0

5000

10000

15000

20000

25000

Feb-07 Mar-15





Since Inception Returns (%) 18.8 12.12 15.35Since Inception - 10.6 10.0 10.1Last 7 years - 9.7 9.0 8.7Last 5 years 60,000 11.3 10.1 10.1Last 3 years 36,000 20.3 18.2 17.0Last 2 years 24,000 31.1 25.4 22.2Last 1 year 12,000 48.2 33.6 26.7

Since Inception 22.65 10.6 10.0 10.1 0.631/03/14 to 31/03/15 22.65 48.2 33.6 26.7 14.631/03/13 to 31/03/14 15.28 15.9 17.7 18.0 -1.831/03/12 to 31/03/13 13.19 1.3 5.1 7.3 -3.8Last 3 years 20.3 18.2 17.0 2.1Last 5 years 11.3 10.1 10.1 1.2Last 8 years 11.1 10.5 10.5 0.6




Sundaram Select Thematic Funds Rural India Fund


17.7

15.7

8.2

6.7

5.6

2.8

6.6

4.8

3.9

Financial Services

Consumer Goods


Automobile


Services


Others

Cash/Others

Derivatives

Portfolio Profile (%)

Theme89.3

Non-Theme9.2

Cash/Derivatives1.6


Fund Facts: An open-end equity scheme • Launch: May 2006 • Bloomberg: SNDRUIG 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 monthsfrom date of allotment. J Venkatesan & S Bharath were jointly managing the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33

NAV: Regular-Growth: ` 25.0739 Dividend: ` 16.7593NAV: Direct-Growth: ` 25.3495 Dividend: ` 16.9551Portfolio

Security Weight

Portfolio Stance: The fund maintains thenow-consolidated portfolio of about 40stocks. The top ten exposures is maintainedat 40% of the assets. The exposure to equityis at 91.2%.The portfolio has an almost-complete tilt to stocks of companies gearedto rural spending and hence the performancewill not track the benchmark designated forregulation purposes. Consumer goods,Financial Services and Fertilizers &Pesticides are the preferred sectors andaccount close to 61 % of the portfolio. Theportfolio stays spread across the cap curve,as has generally been the case.

UPL 6.0 Maruti 5.1 HDFC Bank 4.5 H D F C 4.2 Bayer CropSciences 4.0 V Guard Indsutries 3.7 GIC Housing Finance 3.7 Heritage Foods 3.6 ICICI Bank 3.3 Vatech Wabag 3.3 ITC 3.2 P I Industries 2.9 INOX Leisure 2.7 Hindustan Sanitaryware 2.5 Bajaj Finance 2.4 Aditya Birla Nuvo 2.3 Colgate Palmolive 2.3 ING Vysya Bank 2.1 Indian Bank 2.1 Hero Motocorp 2.0 State Bank of India 1.9 Century Plyboards 1.9 Coromandel International 1.7 Ramco Cements 1.7 Crompton Greaves 1.6 Navin Fluorine Chem 1.4 Greaves Cotton 1.4 Bank of Baroda 1.4 Asian Paints 1.3 Bharti Airtel 1.3 D C B 1.2 Procter & Gamble India 1.2 Gujarat Ambuja 1.1 Eicher Motor 1.1 Titan Industries 1.0 M & M Financial 1.0 EID Parry 1.0 Himatsingka Seide 0.8 Whirlpool of India 0.7 Usha Martin 0.4 Equity 91.2 Mutual Fund Units -Sundaram Money Fund 6.4 Derivatives 3.9 Cash (1.6)No of Stocks 40

Weighted Average Market Cap: ` 59,625 CroreMedian Market Cap: ` 13,305 Crore

Fund Manager: S BharathHe has experience of 8 years and is managing thisfund since April 2015.


Average AUM ` 127 CrorePositioning: Rural Prosperity


Alpha 1.56 Correlation 0.94

Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.

Fund CNX 500 Mean 14.03 12.86 Standard Deviation 26.76 27.39 Beta 0.92 1.00 Sharpe Ratio 0.22 0.17 Sortino Ratio 0.30 0.23 Treynors Index 6.46 4.77


Since Inception Returns (%) 13.5 12.3 13.7Since Inception 1,06,000 10.9 9.5 10.0Last 7 years 84,000 9.2 8.7 8.7Last 5 years 60,000 13.3 9.8 10.1Last 3 years 36,000 20.1 17.8 17.0Last 2 years 24,000 28.5 24.9 22.2Last 1 year 12,000 40.0 33.2 26.7

0

5000

10000

15000

20000

30000

25000

May-06 Mar-15

FundBenchmark CNX Nifty Index

Performance Mar 15


Since Inception 25.07 10.9 9.5 10.0 1.431/03/14 to 31/03/15 25.07 40.0 33.2 26.7 6.831/03/13 to 31/03/14 17.91 18.0 17.1 18.0 0.931/03/12 to 31/03/13 15.18 5.0 4.8 7.3 0.2Last 3 years 20.1 17.8 17.0 2.3Last 5 years 13.3 9.8 10.1 3.5Last 8 years 11.3 10.5 10.5 0.7




Sundaram Infrastructure Advantage Fund


Average AUM ` 759 Crore


The dividend portfolio of Sundaram Capex Opportunitieshas been merged into the growth portfolio of the Scheme andthen converted into a new thematic Scheme namedSundaram Infrastructure Advantage Fund with separategrowth and dividend options and a common portfolio forboth options w.e.f April 07, 2014. Sundaram EnergyOpportunities Fund merged into Sundaram InfrastructureAdvantage Fund w.e.f. April 15, 2014

Fund Facts: An open-end equity scheme • Launch: September 2005 (pertains to Sundaram Capex Opportunities Fund) • Bloomberg: SUNCAPG IN • Plans: Regular & Direct • Options: Growth, DividendPay 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 12months from date of allotment. S Krishnakumar & S Bharath were jointly managing the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33

Sector Profile and Portfolio Profile are based on Growth Option of the scheme.


26.3

11.1

9.4

5.7

5.5

5.1

3.7

1.4


Financial Services

Construction

Energy

Services


Consumer Goods

Others

Cash/Others


0102030405060708090

100

Oct-05 Mar-15

Portfolio Stance: The fund has its equityallocation at 99% of the assets in thegrowth option. The fund’s mandate is tofocus on beneficiaries ofinfrastructure/capex spend story in Indiaunder normal circumstances. The fundmaintains its exposure to IndustrialManufacturing, Financial Services &Construction at about 69.2%. Theportfolio has had a mid- and small-captilt, as valuation differentials stayattractive despite having narrow recentlyand given the nature of the universe ofstocks tracking the theme.

Weighted Average Market Cap: ` 61,308 CroreMedian Market Cap: ` 7,527 Crore

Fund Manager: S BharathHe has experience of 8 years and is managing thisfund (before conversion into InfrastructureAdvantage) since January 2013.

Benchmark S&P BSE 100Positioning: Capex/Infrastructure NAV: Regular-Growth: ` 25.4740 Dividend: ` 25.4737

NAV: Direct-Growth: ` 25.8277 Dividend: ` 25.8207

Larsen & Toubro 6.8ICICI Bank 5.0Honeywell Automation 4.9Alstom T&D 4.5Indraprastha Gas 3.9HDFC Bank 3.6Cummins India 3.5Alstom Power 3.5Vatech Wabag 3.3Thermax 3.3State Bank of India 3.2H D F C 3.0ING Vysya Bank 2.8Yes Bank 2.3Bharat Petroleum 2.3Maruti 2.3Ashoka Buildcon 2.3Crompton Greaves 2.2Hindustan Sanitaryware 2.0Gujarat Ambuja 2.0Karur Vysya Bank 1.9Kansai Nerolac Paints 1.7Aditya Birla Nuvo 1.7Kalpataru Power 1.6Ingersoll-Rand India 1.5Ramco Cements 1.4Kotak Mahindra Bank 1.4Siemens India 1.4Bluestar 1.4Timken India 1.4Bajaj Finserve 1.3UltraTech Cement 1.3Reliance Industries 1.2Prestige Estates Projects 1.1Grindwell Norton 1.1Tata Motors 1.0D C B 0.9Bank of Baroda 0.9Gammon Infra 0.9ITD Cement 0.9Schneider Electric 0.7Mahindra CIE Auto 0.7McNally Bharat 0.7Texmaco Rail 0.7Suzlon Energy 0.7Hindustan Dorr Oliver 0.6INOX Wind 0.5TD Power Systems 0.5TRF 0.4Usha Martin 0.4Gateway Distriparks 0.2Equity 98.6Mutual Fund Units -Sundaram Money Fund 0.5Cash 0.8No of Stocks 51

n Cash & Cash Equivalents n Infrastructure Spendersn Non Thematic n Capex Providersn Cash & Cash Equivalents n Infrastructure Spendersn Non Thematic n Capex Providers


Sundaram Financial Services Opportunities Fund

Allocation: Banks & Financial Services

0102030405060708090

100

Jul-08 Mar-15

Allocation: Public Sector & Private Sector

0102030405060708090

100

Jul-08 Mar-15

Financial Services 13.0Banks 86.8Non-Theme —Cash/Others 0.2

Private Sector 83.9Public Sector 15.9Non-Theme —Cash/Others 0.2

Fund Facts: An open-ended Financial Services sector scheme • Launch: June 2008 • Bloomberg: SNDFSRG 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: 2% - If redeemed / switched out within 18 months from the date of allotment. NIL - If redeemed / switched out after 18 months from the date of allotment-w.e.f. November 28, 2014. J Venkatesan was the fund manager for the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33. The scheme has been converted into sector fund effective from 01-Aug-2013



Security Weight

Portfolio Stance: The fund’s equityallocation is at 99.8 percent. Theemphasis stays on the banking andfinancial services spaces with anincreasingly pronounced bias towardsthe former – the distribution is at 90%and 10% respectively. The allocation toprivate banking space is higher at 85% incomparison to the PSU banking space.

HDFC Bank 21.2

ICICI Bank 18.6

Axis Bank 11.7

ING Vysya Bank 8.4

State Bank of India 8.1

IndusInd Bank 5.1

Yes Bank 4.9

Bajaj Finance 2.7

Shriram Transport Fin 2.2

Karur Vysya Bank 2.1

Bank of Baroda 1.8

Aditya Birla Nuvo 1.7

D C B 1.5

Indian Bank 1.4

LIC Housing Finance 1.3

Cholamandalam Invest 1.3

CARE 1.0

Federal Bank 1.0

M & M Financial 0.9

Bajaj Finserve 0.8

Punjab National Bank 0.8

SKS Micro Finance 0.7

Motilal Oswal 0.6

Bank of India 0.4

Equity 99.8

Cash 0.2

No of Stocks 24Weighted Average Market Cap: ` 1,29,072 CroreMedian Market Cap: ` 21,128 Crore

Fund Manager: Shiv ChananiHe has experience of 12 years and ismanaging this fund since April 01, 2015

Benchmark CNX Banks Index

Average AUM ` 144 CrorePositioning: Financial Services

n Cash n Non Theme n Public Sector n Private Sector

n Cash n Non Theme n Banks n Financial Services


Alpha 6.72 Correlation 0.85 Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception is ason March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.


Since Inception Returns (%) 16.8 19.8 14.3Since Inception 81,000 16.7 18.3 10.0Last 5 years 60,000 11.7 14.0 10.1Last 3 years 36,000 16.5 21.3 17.0Last 2 years 24,000 24.0 26.6 22.2Last 1 year 12,000 41.5 42.9 26.7

05000

1000015000200002500030000350004000045000

Jun-08 Mar-15

FundBenchmark

CNX Nifty Index

Performance Mar 15


Since Inception 28.58 16.7 18.3 10.0 -1.6

31/03/14 to 31/03/15 28.58 41.5 42.9 26.7 -1.4

31/03/13 to 31/03/14 20.19 8.6 12.1 18.0 -3.5

31/03/12 to 31/03/13 18.59 3.0 11.3 7.3 -8.3

Last 3 years 16.5 21.3 17.0 -4.7

Last 5 years 11.7 14.0 10.1 -2.3

` 10,000 invested

Since Launch 28,576 31,313 19,082

Last 3 years 15,822 17,827 16,034

Last 5 years 17,358 19,247 16,176




Sundaram Entertainment Opportunities Fund

Fund Facts: An open-ended Media and Entertainment sector scheme • Launch: June 2008 • Bloomberg: SNDEORG 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. J Venkatesan & ShivChanani were jointly managing the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33. The scheme has been converted into sector fund effective from 01-Aug-2013.

Sector Profile (%)

84.5

6.3

3.0

0.9

0.7

0.7

3.9

Media & Entertainment

Consumer Goods

Textiles


IT

Construction

Cash/Others


0

10

20

30

40

50

60

70

80

90

100

Jul-08 Mar-15



Security Weight

Portfolio Stance: The fund’s equityallocation is at 91 percent. The portfolio isintended to be largely centered on theentertainment theme. The exposure levelbetween thematic and non-thematiccomponents will vary based on perceptionof the attractiveness and market conditions.In line with the profile of companies in theentertainment theme, the portfolio has adistinct mid- and small-cap bias. This islikely to be a constant feature for severalyears ahead as despite the robust growthprospects, the emergence of the first set oflarge-cap stocks will take time.

Zee Entertainment 12.9

TV18 Broadcast 5.7

NDTV 4.3

Talwalkars 4.2

TV Today Network 4.1

Dish TV 3.9

INOX Leisure 3.8

Network 18 Fincap 3.8

HT Media 3.5

Jagran Prakashan 3.4

Sun TV 3.3

PVR 3.3

The Phoenix Mills 3.0

Trent 2.8

United Breweries 2.6

Pantaloons 2.6

Shemaroo Entertainment 2.4

INFO EDGE 2.4

Hathway Cable 2.3

D B CORP 2.1

E I H 2.0

Indian Hotels 1.8

Shopper's Stop 1.7

Radico Khaitan 1.7

OnMobile Global 1.7

Saregama India 1.6

Tata Communications 1.6

United Spirits 1.4

Whirlpool of India 1.3

Den Networks 0.9

Ador Welding 0.9

Just Dial 0.7

NIIT 0.7

Ashoka Buildcon 0.7

T B Z 0.6

Monte Carlo Fashions 0.5

Indian Hotels - Rights 0.6

Equity 96.7

Mutual Fund Units -

Sundaram Money Fund 1.9

Cash 1.4

No of Stocks 36Weighted Average Market Cap: ` 9,467 CroreMedian Market Cap: ` 3,748 Crore

Fund Managers: Shiv Chanani & AvinashAgarwal

Shiv Chanani has experience of 12 years and ismanaging this fund since October 2013.

Avinash Agarwal has experience of ten yearsand is managing this fund since April 01, 2015.

Benchmark CNX Media

Average AUM ` 27 CrorePositioning: Entertainment

n Cash n Non Thematic n Thematic

Thematic 89.1

Non-Thematic 7.6

Cash 3.3


Alpha -0.15 Correlation 0.80 Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.


Since Inception Returns (%) 9.63 12.4 14.3Since Inception 81,000 9.0 3.5 9.5Last 5 years 60,000 3.5 5.6 10.1Last 3 years 36,000 17.6 21.1 17.0Last 2 years 24,000 17.7 15.8 22.2Last 1 year 12,000 21.0 22.1 26.7

0

5000

10000

15000

20000

25000

Jun-08 Mar-15

FundBenchmark

CNXNifty



Since Inception 17.91 9.0 3.5 9.5 5.431/03/14 to 31/03/15 17.91 21.0 22.1 26.7 -1.031/03/13 to 31/03/14 14.79 14.5 9.9 18.0 4.631/03/12 to 31/03/13 12.92 17.4 32.4 7.3 -15.0Last 3 years 17.6 21.1 17.0 -3.5Last 5 years 3.5 5.6 10.1 -2.0

` 10,000 investedSince Launch 17,908 12,673 18,570 Last 3 years 16,273 17,763 16,034 Last 5 years 11905.4 13107.5 16,176




Sundaram Select Thematic FundsPSU Opportunities

Fund Facts: An open-end equity scheme • Launch: January 2010 • Bloomberg: SNDPSUG 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.. J Venkatesan & Shiv Chanani were jointly managing the fundtill March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33. The scheme benchmark has been changed to S&P BSE PSU Index from CNX PSE Index w.e.f 01-August-2013.


34.6

4.9

2.9

2.5

2.5

2.0

0.9

11.7

0.3

Energy

Financial Services


Services

Telecom


Metals

Others

Cash/Others

Derivatives


Theme83.2

Non-theme4.8

Cash/Derivatives12.0



Security Weight Coal India 8.7 State Bank of India 8.5 N T P C 5.0 O N G C 3.9 GIC Housing Finance 3.8 CARE 3.8 Indian Bank 2.9 I D F C 2.8 H P C L 2.8 Bharat Petroleum 2.8 Oil India 2.7 Tata Communications 2.5 Punjab National Bank 2.5 Power Finance Corp 2.3 G A I L 2.3 Indraprastha Gas 2.1 Bank of Baroda 2.1 N A L C O 2.0 Bharat Electronics 1.9 Bharat Earth Movers 1.9 G S F C 1.8 Container Corp 1.7 Bank of India 1.7 Gujarat State Petronet 1.6 Indian Oil Corp. 1.3 Power Trading Corp. 1.2 Power Grid 1.2 B H E L 1.2 Dredging Corp. 1.1 Federal Bank 1.1 Tourism Finance 1.0 Seamec 1.0 PTC India 0.9 IL&FS Engineering 0.9 Chennai Petroleum 0.9 Rashtriya Chemicals 0.7 IDBI Bank 0.6 OBC 0.5 INOX Wind 0.3 Equity 88.0 Mutual Fund Units -Sundaram Money Fund 2.5 Derivatives 0.3 Cash 9.2 No of Stocks 39Weighted Average Market Cap: ` 67,781 Crore


Fund Managers: Shiv Chanani & AvinashAgarwal

Shiv Chanani has experience of 12 years and ismanaging this fund since October 2013.

Avinash Agarwal has experience of ten yearsand is managing this fund since April 01, 2015.

Benchmark S&P BSE PSU Index

Average AUM ` 121 CrorePositioning: Public Sector


Alpha -5.22 Correlation 0.87 Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.


Since Inception Returns (%) 7.88 1.99 16.2Since Inception 62,000 3.1 -4.7 9.7Last 5 years 60,000 3.3 -3.4 10.1Last 3 years 36,000 5.5 1.3 17.0Last 2 years 24,000 14.6 8.3 22.2Last 1 year 12,000 31.8 19.7 26.7

Jan-10 Mar-15

FundBenchmarkCNXNifty

02000400060008000

1000012000140001600018000



Since Inception 11.70 3.1 -4.7 9.7 7.831/03/14 to 31/03/15 11.70 31.8 19.7 26.7 12.131/03/13 to 31/03/14 8.88 -0.4 -2.0 18.0 1.631/03/12 to 31/03/13 8.91 -10.6 -11.4 7.3 0.7Last 3 years 5.5 1.3 17.0 4.2Last 5 years 3.3 -3.4 10.1 6.7

` 10,000 investedSince Launch 11,701 7,757 16,175 Last 3 years 11,740 10,405 16,034 Last 5 years 11,777 8,417 16,176

Dividend History: Refer page 32Dividend History: Refer page 32

Fund CNX 500 Mean 4.98 10.16 Standard Deviation 20.31 17.44 Beta 1.02 1.00 Sharpe Ratio (0.15) 0.12 Sortino Ratio (0.29) 0.20 Treynors Index (3.06) 2.07

Portfolio Stance: The fund’s equity is investedat 88%. In line with the positioning, the portfoliois almost entirely invested in stocks of publicsector undertakings (PSUs). The portfolio has adistinct large-cap tilt, which is an intrinsicfeature of the PSU space. The top sectors byallocation are Financial services, Energy &Industrial Manufacturing constitutes about 77percent of the portfolio. This, too, is in line withbroad profile of the PSU universe. PSU stocksare geared to the India story due to a strongpresence in high growth sectors such as financialservices, oil & gas, utilities, engineering andmaterials space; they are almost absent in sectorssuch as consumer staples, telecom, Automobiles.The portfolio of the fund is geared to the highgrowth sectors of the Indian economy.


Sundaram Global Advantage

Portfolio Stance: The allocation to EmergingEurope and Latin America is at 24.8%. Exposureto Asia stands at 48.2%. The portfolio has alower allocation to Latin America Funds incomparison to the neutral stance. The portfolio isunderweight on commodity funds & real estate.The allocation to real estate is at 16.2% and theallocation to commodity is at 5.4%.The fund hasa cash allocation of 5.7%.

• 100% in global markets (an India allocation ispossible based on outlook)

• Actively managed diversified multi-managerportfolio

• Advisor is FundQuest, a Investment Partner

• Exposure to multiple asset classes through mutualfunds & exchange-traded funds

• Allocation across global emerging equities,commodities & real estate.

• Exposure in ETFs that track an index of companiesin the real estate business and in commodities and notan index that tracks real-estate and commoditiesdirectly

• Active bets within each asset class based on economy& market outlook

• Complementary strategies to lower volatility andfund manager risk

• Emerging Markets: • Neutral 70% • Minimum 60% •Maximum 100%

• Real Estate: • Neutral 15% • Minimum 0% •Maximum 40%

• Commodities: • Neutral 15% • Minimum 0% •Maximum 40%

Funds owning stocks of commodity companies and funds owning stocks of real estate companies are usedto invest in the respective asset classes.

Positioning: Thematic-Overseas Investment

Fund Advisor: Fund Quest, a member of

BNP Paribas Investment Partners

Salient Features

Fund Manager: S Bharath

Fund-of-Funds PortfolioFund-of-Funds Portfolio

Fund Facts: Open-end fund-of-funds scheme • Launch: September 2007 • Bloomberg: SNDGADG IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out, DividendSweep, Dividend Re-Investment • Minimum Amount: ` 5,000 • SIP/STP: Weekly ` 1000, Monthly ` 250, Quarterly ` 750 Terms of offer: NAV Exit Load: 1% if redeemed within12 months from date of allotment. For Product Labels, please refer Page 2. Disclosures: Page 33

Benchmark MSCI Emerging Markets Index


NAV: Regular-Growth: ` 14.2572 Dividend: ` 12.2225NAV: Direct-Growth: ` 14.3899 Dividend: ` 13.0341

Asset Allocation (%)

Funds owning stocks of commodity companies and funds owning stocks of real estate companies are usedto invest in the respective asset classes.




Past performance may or may not be sustained in future. Returns/investment value are as of March 31, 2015. Returnsare on a compounded annual basis for period more than one year and absolute for one-year period and computed usingNAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception is as on March 31, 2015.

Since Inception 14.26 4.8 4.7 9.7 0.031/03/14 to 31/03/15 14.26 6.7 5.6 18.0 1.031/03/13 to 31/03/14 14.51 10.9 6.3 7.3 4.631/03/12 to 31/03/13 13.60 1.7 1.6 -9.2 0.1Last 5 years 6.2 6.0 10.1 0.3Last 3 years 5.1 4.6 17.0 0.5

`10000 invested Since Launch 14,257 14,213 20,264 Last 3 years 11,624 11,445 16,034 Last 5 years 13,533 13,371 16,176

Dividend History: Refer page 27Dividend History: Refer page 32

Asset Class/Geography Neutral CurrentEmerging MarketsAsia 40.0 49.5Latin America 15.0 12.4Eastern Europe 15.0 11.7Commodity Funds 15.0 5.1Real Estate Funds 15.0 16.5Cash 0.0 4.6Total 100.0 100.0

Fund Weight Emerging Europe

Nevsky Eastern European Europe 4.6

Parvest World Energy Europe 7.1

Fidelity South East Asia Asia 16.9

DB Tracker Emerging Markets Asia Asia 16.8

Templeton Asia Asia 15.8

Parvest Latin America Latam 6.8

DB Tracker Latin America Latam 5.7

Real Estate (Funds owning stocks of real estate companies, not real estate)

Morgan Stanley Asian Property REIT 9.5

Morgan Stanley Global Property REIT 7.1

Commodities (Funds owning stocks of commodity companies, not commodities)

First State Global Resources GSCI 5.1

Allocation to funds 95.4Cash 4.6


Sundaram Equity Plus

An Open-ended Equity Scheme

Launch: May 2011

Bloomberg code: SUNEQPG IN EQUITY

Plans:Regular & Direct

Options:Growth, Dividend Payout, DividendReinvestment

Minimum amount: ` 5,000

SIP: Weekly ` 1,000, Monthly, ` 250,Quarterly ` 750

Terms of offer: NAV

Exit Load: 1% if redeemed within 12months from the date of allotment

For Product Labels, please refer Page 2.Disclosures: Page 33

Fund Facts


13.9

9.3

7.0

6.8

3.2

2.8

4.9

1.3

24.5

0.2

Financial Services

IT

Pharma

Automobile

Energy

Consumer Goods

Construction

Others

Cash/Others

Gold ETFs

Derivatives


Portfolio Stance: Sundaram Equity Pluswas launched in May 2011.The fundshall invest between 65-85% in Equityand a maximum of 35% in Gold ETF.The portfolio now has 75% in equity and20% in Gold ETFs. The number ofstocks in the portfolio is 26 andinvestments are predominantly in largecaps. IT, Financial Services and Pharmaare the preferred sectors and account to49% of the portfolio.

H D F C 6.5

HDFC Bank 5.9

Infosys 5.8

ICICI Bank 5.6

T C S 4.2

Reliance Industries 4.1

Ranbaxy 3.6

State Bank of India 3.5

ITC 3.2

Cipla 2.9

Larsen & Toubro 2.8

Lupin 2.7

Wipro 2.6

Tata Motors 2.5

UltraTech Cement 2.4

Mahindra & Mahindra 2.0

Axis Bank 1.8

ING Vysya Bank 1.5

Maruti 1.5

O N G C 1.5

Bharti Airtel 1.3

HCL Technologies 1.3

N T P C 1.2

Coal India 1.2

Punjab National Bank 1.2

Hero Motocorp 1.1

Gold ETFs

Goldman Sachs 11.1

UTI 4.0

Kotak 4.0

Reliance 3.9

Equity 74.0

Gold ETFs 22.8

Mutual Fund Units -

Sundaram Money Fund 1.6

Derivatives 0.2

Cash 1.3

No of Stocks 26


He has experience of 12 years and ismanaging this fund since January 2013.

Benchmark CNX Nifty(65%) & Price of Gold in INR(35%)


Positioning: Large-Cap Equity with a Dash of Gold ETF

‘Plus’ used in the scheme name is only in terms of asset allocation and not in terms of return/yield.

May-11 Mar-15

FundBenchmark CNX Nifty

8000

10000

12000

14000

18000

16000




Since Inception Returns (%) 9.78 11.9 8.54Since Inception 46,000 8.0 9.6 -12.5Last 3 years 36,000 8.5 10.3 17.0Last 2 years 24,000 12.6 12.5 22.2Last 1 year 12,000 15.3 14.4 26.7

Since Inception 13.45 8.0 9.6 12.5 -1.631/03/14 to 31/03/15 13.45 15.3 14.4 26.7 0.931/03/13 to 31/03/14 11.67 10.0 10.7 18.0 -0.731/03/12 to 31/03/13 10.60 0.6 6.4 7.3 -5.8Last 3 years 8.5 10.3 17.0 -1.8

` 10,000 investedSince Launch 13,447 14,338 15,739 Last 3 years 12,765 13,692 16,034

Past performance may or may not be sustained in future. Returns/investmentvalue are as of March 31, 2015. Returns are on a compounded annual basis forperiod more than one year and absolute for one-year period and computed usingNAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015 . SIP values are in rupees.

Weighted Average Market Cap: ` 1,40,128 CroreMedian Market Cap: ` 1,35,284 Crore

Turnover Ratio (%) 78Dividend History: Refer page 32


Sundaram Select Micro Cap

Portfolio Stance: Sundaram Select MicroCap Fund invests in micro cap stocks(stocks that are equal to or lower than the301st stock in the NSE after sorting thestocks by market-cap in descendingorder). The fund shall invest in equitystocks of micro-cap companies: 65-100%;other equity related securities: 0-35%.Series I- VII has invested close to 100% inequities.

Fund Managers: S Krishnakumar & AvinashAgarwalS Krishnakumar has experience of 16 years infund management.Avinash Agarwal has experience of ten yearsand is managing this fund since April 01,2015.

Benchmark S&P BSE Small Cap IndexPositioning: Pure Micro Cap Fund

Portfolio

Fund Facts: A Five Years Closed-End Equity Scheme • Launch: Series-I-January 2014, Series-I-January 2014, Series-III-February 2014, Series-IV-March 2014, Series-V-September 2014, Series VI-October 2014 & Series VI I-October 2014 • Bloomberg: Select Micro Cap -Series 1-SSMC1RG IN EQUITY, Select Micro Cap - Series 2-SSMC2RG IN EQUITY, Select Micro Cap - Series 3- SSMC3RG IN EQUIT, Select Micro Cap - Series 4- SSMC4RG IN EQUITY, Select Micro Cap - Series 5- SSMC5RG IN EQUITY, Select Micro Cap -Series 6- SSMC6RG IN EQUITY & Select Micro Cap - Series 7- SSMC7RG IN EQUITY • Plans: Regular & Direct • Options: Growth, Dividend Pay Out, Dividend Sweep • Exit Load: Nil. For Product Labels, please refer Page 2. Disclosures: Page 33.

Series Series Series Series Series Series SeriesI II III IV V VI VII

Security Weight Security Weight Security Weight

Hitachi Home & Life Solution 8.7 8.7 8.7 8.8 Nagarjuna Construction 10.7 Timken India 5.2 5.1

Mahindra CIE Automotive 6.6 6.7 5.4 7.0 J K Cements 5.1 Century Plyboards 4.6 3.6

KSB Pumps 5.8 5.7 5.8 5.8 Grindwell Norton 4.6 Repco Home Fin 4.2 3.6

Schneider Electric 5.8 5.8 5.8 5.9 M M Forgings 4.6 PVR 4.1 3.2

Timken India 5.5 5.7 5.6 5.5 Trent 4.3 Suzlon Energy 4.1 4.2

Honeywell Automation 5.4 5.3 5.4 5.8 Can Fin Homes 4.2 M M Forgings 3.9 3.7

Bharat Earth Movers 4.9 4.9 4.9 4.9 Century Plyboards 4.2 SRF 3.8 3.6

Grindwell Norton 4.5 4.4 4.5 4.5 Bharat Earth Movers 4.1 Development Credit Bank 3.7 3.5

Ingersoll-Rand India 4.2 4.3 4.4 4.8 Hindustan Sanitaryware 3.8 Nagarjuna Construction 3.7 3.6

BASF India 3.3 3.2 3.3 0.4 Timken India 3.5 SKS Micro Finance 3.6 3.7

J K Cements 2.8 2.9 3.0 2.8 Development Credit Bank 3.4 Grindwell Norton 3.5 3.1

Novartis India 2.6 2.5 2.6 2.7 SKS Micro Finance 3.3 J K Cements 3.4 3.3

Elantas Beck India 2.4 2.4 2.4 2.5 Madhucon Projects 3.1 Ashoka Buildcon 3.4 3.3

Development Credit Bank 2.3 2.3 2.3 2.4 V Guard Indsutries 3.0 V Guard Indsutries 3.3 3.3

Alstom Power 2.2 2.2 2.2 1.4 HT Media 2.9 Himatsingka Seide 3.1 2.9

SRF 2.1 2.1 2.1 2.0 Sundaram Fasteners 2.9 HT Media 2.8 2.8

Pfizer India 2.1 2.1 2.1 2.1 Sharda 2.7 Sundaram Clayton 2.8

Sundaram Fasteners 1.9 1.9 1.9 1.9 India Cements 2.7 Rane Holdings 2.8 2.7

NRB Bearings 1.9 1.8 1.8 1.9 Rane Holdings 2.6 Heritage Foods 2.6 2.7

Clariant Chemicals 1.9 1.8 1.9 1.7 Texmaco Rail And Engineering 2.4 Greaves Cotton 2.6 2.4

Ador Welding 1.8 1.8 1.8 1.8 Suzlon Energy 2.4 Texmaco Rail And Engineering 2.5 2.4

Vesuvius India 1.6 1.6 1.8 1.5 Greaves Cotton 2.3 Bluestar 2.3 2.3

Goodyear India 1.6 1.6 1.6 1.6 Gammon Infra 2.2 Madhucon Projects 2.3 3.5

Swaraj Mazda 1.5 1.4 1.5 Heritage Foods 2.2 TRF 2.3 2.0

Shree Renuka Sugars 1.3 1.3 1.3 1.3 Navin Fluorine Chemicals 2.0 Hindustan Sanitaryware 2.1 3.3

Repco Home Fin 1.3 1.3 1.3 1.1 KSB Pumps 2.0 Alstom Power 2.1 2.1

Heidelberg Cement India 1.3 1.4 1.4 0.9 Himatsingka Seide 1.7 India Cements 2.1 0.8

Accel Frontline 1.2 1.5 1.3 1.9 Praj Industries 1.6 EID Parry 2.0 1.7

INOX Leisure 1.1 1.1 1.1 1.0 EID Parry 1.5 Gammon Infra 1.8 2.3

Styrolution ABS India 0.9 0.9 1.0 0.8 WPIL 1.1 KSB Pumps 1.7 1.7

OnMobile Global 0.9 0.9 0.9 0.9 Premier Explosives 0.9 Power Trading Corporation 1.6 1.3

Easun Reyrolle 0.8 0.8 0.8 0.8 Usha Martin 0.7 Shasun Pharma 1.6

Merck India 0.7 0.5 0.7 0.7 Ador Welding 0.1 Shanthi Gears 1.3 1.2

Hindustan Sanitaryware 0.7 0.7 0.7 0.7 INOX Leisure 1.2

Accelya Kale Solution 0.6 0.6 0.6 0.5 WPIL 1.1 1.1

Godfrey Philips 0.6 0.6 0.6 0.6 Praj Industries 1.0 1.2

SQS India 0.5 0.8 0.9 0.6 Ador Welding 0.0 0.2

Prism Cement 0.0 0.0 0.0 0.0 ISGEC Heavy Engineering 5.9

Equity 95.4 95.83 95.51 91.41 Equity 98.6 Equity 100.1 97.6

Cash 4.6 4.2 4.5 8.6 Cash 1.4 Cash -0.1 0.7

No of Stocks 38 38 38 37 33 36 34

Average AUM (` Crore) 111 72 61 46 163 239 127

Turnover Ratio (%) 112 110 120 166 58 13 13

Micro Cap Series-I


Micro Cap Series-II


Micro Cap Series-III


Micro Cap Series-IV


Micro Cap Series-V


Micro Cap Series-VI


Micro Cap Series-VII




Sundaram TOP 100

Portfolio Stance: To generate capital appreciationfrom a portfolio that is substantially constituted ofequity securities specified as eligible securities forRajiv Gandhi Equity Savings Scheme, 2012. TheScheme may also invest a certain portion of itscorpus in cash & cash equivalent and money marketinstruments from time to time. The tenure of thescheme shall be 3 years. Series-I, II & III has 46stocks Series IV has 36 stocks Series V has 34stocks and has invested close to 100% in equities.

Fund Manager: S BharathHe has experience of 8 years and is managing this fundsince April 01, 2015.

Benchmark CNX 100Positioning: Large Cap

Portfolio

Fund Facts: A Closed-End Equity Scheme which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme, 2012 • Launch: Series-I-May 2014, Series-II-June 2014, Series-III-July 2014, Series-IV-January 2015 & Series-V-March 2015 • Plans: Regular & Direct • Options: Growth, Dividend Pay Out • Exit Load: Nil. J Venkatesanwas the fund manager for the fund till March 31, 2015. For Product Labels, please refer Page 2. Disclosures: Page 33.

Series I Series II Series III Series IV Series VSecurity Weight Security Weight

Bharat Forge 5.5 3.5 3.1 HDFC Bank 5.0 —HDFC Bank 5.4 4.6 4.8 Axis Bank 4.8 3.3 ICICI Bank 5.3 5.1 5.0 Tata Motors 4.6 4.4 Infosys 4.7 6.6 5.5 ICICI Bank 4.6 5.3 Larsen & Toubro 4.1 4.2 4.8 Bosch 4.4 4.3 Yes Bank 3.5 2.4 2.5 Larsen & Toubro 4.4 —Dr Reddy's Labs 3.4 2.4 2.1 Sun Pharma 4.3 4.5 Lupin 3.4 3.4 3.0 Maruti 3.8 4.5 H D F C 3.3 2.3 2.1 Asian Paints 3.6 4.4 Axis Bank 3.1 3.8 3.5 Bharat Forge 3.5 3.3 Tata Motors 2.9 3.1 3.1 UltraTech Cement 3.4 4.4 State Bank Of India 2.8 3.3 3.7 Mahindra & Mahindra 3.3 4.3 Tech Mahindra 2.8 3.1 3.0 Dr Reddy's Labs 2.9 3.4 T C S 2.6 2.4 2.5 Siemens India 2.7 2.2 Hero Motocorp 2.4 1.7 1.7 Reliance Industries 2.6 3.3 Maruti 2.4 2.5 2.5 Lupin 2.5 2.4 Reliance Industries 2.3 2.3 2.4 Bharat Earth Movers 2.2 2.4 Kotak Mahindra Bank 2.3 — — UPL 2.2 2.4 Coal India 2.2 1.5 1.7 Ashok Leyland 2.2 2.2 O N G C 2.1 2.3 2.6 Container Corp 2.1 2.1 Bank of Baroda 2.1 1.5 1.6 Cipla 2.0 2.3 Bharat Petroleum 2.1 2.2 2.4 Divis Labs 2.0 2.2 UPL 1.8 1.8 1.8 Bharat Electronics 2.0 2.2 Sun Pharma 1.6 2.6 2.2 Infosys 1.9 2.2 Punjab National Bank 1.6 1.8 1.9 A C C 1.9 2.2 Ashok Leyland 1.6 1.8 1.8 Tata Chemicals 1.9 2.3 A C C 1.6 1.7 1.9 Cummins India 1.8 2.2 Bosch 1.6 1.7 1.6 A B B 1.8 2.2 ITC 1.4 1.6 1.5 Power Finance Corp 1.8 2.2 Mahindra & Mahindra 1.4 1.7 1.7 Yes Bank 1.8 2.2 Tata Steel 1.4 1.0 1.0 Kotak Mahindra Bank 1.8 2.2 IndusInd Bank 1.2 1.3 1.4 Hero Motocorp 1.7 2.2 Bharat Earth Movers 1.2 1.1 1.5 O N G C 1.6 2.2 Asian Paints 1.2 1.2 1.1 Crompton Greaves 1.6 2.1 HCL Technologies 1.1 1.1 1.0 B H E L 1.6 2.0 Divis Labs 1.1 1.1 1.0 Punjab National Bank 1.3 1.9 Cummins India 1.0 1.1 1.2 Container Corp 1.0 1.1 1.0 A B B 1.0 1.0 1.0 LIC Housing Finance 1.0 1.1 1.3 Sesa Sterlite 0.9 1.1 1.1 Titan Industries 0.9 1.0 1.0 Federal Bank 0.8 0.9 1.0 Indian Oil Corporation 0.8 0.9 1.0 Crompton Greaves 0.6 0.7 0.7 Hindalco 0.6 0.7 0.6 ING Vysya Bank — 2.6 2.3 Equity 99.6 98.1 97.1 Equity 97.4 97.9Cash 0.4 1.9 2.9 Cash 2.6 2.1No of Stocks 46 46 46 No of Stocks 36 34Average AUM (` Crore) 73 41 49 39 9Turnover Ratio (%) 67 54 56 — —

Sundaram Top 100 Series-I

NAV: Regular-Growth: ` 12.1114 Dividend: ` 11.5881


Sundaram Top 100 Series-II



Sundaram Top 100 Series-III



Sundaram Top 100 Series-IV




Sundaram Select Small Cap Sundaram Value Fund

Fund Manager: S Krishnakumar. He has experience of 16 years infund management.

Benchmark S&P BSE Small Cap Index

Positioning: Small Cap

Portfolio Weight

Fund Facts: A Closed-End Equity Scheme • Launch: Series-II – November 2014 • Plans:Regular & Direct • Options: Growth, Dividend Pay Out • Exit Load: Nil. For ProductLabels, please refer Page 2. Disclosures: Page 33.

Security Series II

M & M Financial 6.1

SRF 5.5

Crompton Greaves 5.1

Whirlpool of India 4.9

Redington (India) 4.5

SKS Micro Finance 4.4

Ashok Leyland 4.2

Arvind Mills 3.8

FAG Bearings 3.6

Thermax 3.1


Indian Hotels 3.0

Castrol India 3.0

Indraprastha Gas 3.0

The Phoenix Mills 2.9

Allahabad Bank 2.9

Ramco Cements 2.8

Federal Bank 2.7

Indian Bank 2.6

Schneider Electric 2.3

Prism Cement 2.2

INOX Wind 2.1

ING Vysya Bank 2.1

Coromandel International 2.0

Mahindra CIE Automotive 1.7

J K Cements 1.4

UPL 1.3

Suzlon Energy 0.9

Equity 87.3

Cash 12.7

No of Stocks 28

Average AUM (` Crore) 63




SeriesI: Fund Manager: S Krishnakumar. He has experience of16 years in fund management.

Series II: Fund Managers: S Krishnakumar. & S BharathS Bharath. He has experience of 8 years and is co-managing this fund since April 01, 2015


Positioning: Multi Cap

Portfolio

Fund Facts: A Closed-End Equity Scheme • Launch: Series-I – December 2014 & Series-II– February 2015 • Plans: Regular & Direct • Options: Growth, Dividend Pay Out • ExitLoad: Nil. For Product Labels, please refer Page 2. Disclosures: Page 33.

Security Weight Security WeightSeries I Series II

Century Plyboards 5.5 Vindhya Telelinks 5.4 Suzlon Energy 5.3 Arvind Mills 3.5 Shasun Pharma 4.6 Hindustan Sanitaryware 3.1 Vindhya Telelinks 4.1 Bajaj Finserve 3.0 Redington (India) 3.9 Crompton Greaves 3.0 Sundaram Clayton 3.8 Coal India 2.6 Elecon Engineering 3.8 Aditya Birla Nuvo 2.5 Lakshmi Vilas Bank 3.7 Tata Chemicals 2.4 Madhucon Projects 3.4 Larsen & Toubro 2.4 Cholamandalam Investment 3.3 Gujarat State Petronet 2.4 Hindustan Sanitaryware 3.2 L G Balakrishnan & Bros 2.3 M & M Financial 3.2 Navin Fluorine Chemicals 2.3 ISGEC Heavy Engineering 3.2 TD Power Systems 2.2 Karur Vysya Bank 3.0 UPL 2.2 Vardaman Textiles 2.7 Alstom Power 2.2 NRB Bearings 2.6 N A L C O 2.0 Navin Fluorine Chemicals 2.5 Federal Bank 2.0 Ingersoll-Rand India 2.5 Greaves Cotton 1.9 Salzer Electronics 2.2 Karur Vysya Bank 1.8 Crompton Greaves 2.1 Bluestar 1.8 India Cements 1.7 India Cements 1.8 L G Balakrishnan & Bros 1.3 Praj Industries 1.7 SRF 1.3 INOX Wind 1.6 UPL 1.2 Tata Motors 1.6 Texmaco Rail And Engineering 1.2 Bharat Electronics 1.6 Alstom Power 1.1 Indian Bank 1.4 L&T Finance 1.0 Vardaman Textiles 1.2 Indraprastha Gas 1.0 Engineers India 1.1 Indian Overseas Bank 0.9 M & M Financial 1.1 Development Credit Bank 0.9 ITC 1.0 Kalpataru Power 0.8 Subros 1.0 Subros 0.6 NRB Bearings 0.7 Arvind Mills 0.4 Elgi Equipments 0.6 Whirlpool of India 0.2 Heritage Foods 0.0 Equity 82.2 Equity 67.5 Derivatives 16.3 Cash/Others 32.5 Cash/Others 1.5 No of Stocks 34 No of Stocks 34Average AUM (` Crore) 107 24Turnover Ratio (%) 113 153

Sundaram Value Fund Series-INAV: Regular-Growth: ` 10.7720 Dividend: ` 10.7720NAV: Direct-Growth: ` 10.8142 Dividend: ` 10.8142Sundaram Value Fund Series-IINAV: Regular-Growth: ` 9.9406 Dividend: ` 9.9406NAV: Direct-Growth: ` 9.9642 Dividend: ` 9.9642


Sundaram World Brand Fund

Fund Manager: S Bharath has experience of 8 years and ismanaging this fund since inception.

Benchmark MSCI ACWIPositioning: Large Cap

Portfolio Weight

Fund Facts: A Closed-End Equity Scheme • Launch: Series-I, II & III – December 2014 • Plans: Regular & Direct • Options: Growth, Dividend Pay Out • Exit Load: Nil. For Product Labels,please refer Page 2. Disclosures: Page 33.

Security Series I Series II Series III

International Business Machines Corp 4.8 4.8 4.8

Mcdonald'S Corporation 4.7 4.7 4.7

Coca-Cola Company 4.7 4.7 4.7

Apple Inc 4.7 4.7 4.7

Google Inc 4.6 4.6 4.6

Microsoft Corporation 4.6 4.6 4.6

General Electric Company 4.6 4.6 4.6

Daimler 3.8 3.8 4.7

Intel Corporation 2.9 2.9 2.9

Bayerische Motoren Werke 2.9 2.9 2.9

Procter & Gamble 2.8 2.8 2.8

The Walt Disney Company 2.8 2.8 2.8

Oracle Corporation 2.8 2.8 2.8

Cisco Systems Inc 2.8 2.8 2.8

Amazon.Com Inc 2.8 2.8 2.8

Hewlett-Packard Company 2.8 2.8 2.8

Sap 2.0 2.1 2.0

Kellogg Co 2.0 2.0 2.0

Nike Inc 2.0 2.0 2.0

Volkswagen 2.0 2.0 2.0

Facebook Inc 2.0 2.0 2.0

Pepsico Inc 1.9 1.9 1.9

Ebay Inc 1.9 1.9 1.9

United Parcel Service Inc 1.9 1.9 1.9

American Express Company 1.8 1.8 1.8

Lvmh Moet Hennessy Louis Vuitton 1.1 1.1 1.1

Daimler 4.7 4.7 4.7

Lvmh Moet Hennessy Louis Vuitton 0.4 1.1 1.1

CBLO/REPO/ADR 20.7 20.7 20.6

Cash 0.38 0.39 0.49

Equity 78.9 78.9 78.9

Cash/Others 21.1 21.1 21.1

No of Stocks 28 28 28

Average AUM (` Crore) 45 41 29

Sundaram World Brand Fund Series-I



Sundaram World Brand Fund Series-II



Sundaram World Brand Fund Series-III




Sundaram Balanced Fund

Weighted Average Market Cap: ` 1,00,721 CroreMedian Market Cap: ` 35,105 CroreWeighted average market-cap and median market-capare based on the equity component of the portfolio

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 12months from date of allotment. * Portfolio Yield is computed only for the amount invested. For Product Labels, please refer Page 2. Disclosures: Page 33

Average Maturity of Portfolio: 4.05 Years

Average Duration of Portfolio: 2.89 Years

Portfolio YTM: 8.78%

Allocation (%)

CorporateBonds22.1

Equity 66.9

Government Securities

3.8

Cash/Repo/Others 7.2


8.0

7.7

6.3

5.5

4.1

3.0

11.3

33.1

Financial Services

Construction

IT

Automobile

Energy


Consumer Goods

Others

Cash/FixedIncome


Portfolio Stance: The fund now has a 75-25% blend focusing towards equity. Thefixed income portion of the fund islargely invested in corporate bonds withan exposure of 22 percent; and 4.0percent in government securities. Topthree sectors by allocation are FinancialServices, IT & Construction accountingto 36.7% of the portfolio. The equityportion of the fund now holds 35 stocksin the portfolio.

Equity Shares 66.9Infosys 4.9HDFC Bank 4.0Larsen & Toubro 3.9ICICI Bank 3.5Yes Bank Limited 3.4TATA Motors 3.2Maruti Suzuki India 3.1TCS 2.8Reliance Industries 2.5Tech Mahindra 2.4State Bank of India 2.4ITC 2.3Bharti Airtel 2.2Sun Pharmaceuticals 2.1IRB Infrastructure 2.0ONGC 1.6Bank of Baroda 1.6Gujarat Ambuja Cements 1.6DCB 1.5IL&FS Transportation 1.5Power Grid Corporation 1.4Hindalco Industries 1.3IDFC 1.2Arvind 1.1Prestige Estates Projects 1.0ING Vysya Bank 1.0Brigade Enterprises 1.0Alstom T & D India 1.0Shriram Transport Fin. 0.9India Cements 0.8Godrej Industries 0.8Tourism Finance Corp. 0.8Rural Electrification 0.7Cadila Healthcare 0.7Crompton Greaves 0.7Government Securities 3.88.05% GUJ SDL 25/02/25 2.86.35% G-Sec 02/01/20 1.0Mutual Fund Units 5.5Sundaram Money FundDirect Growth 5.5Corporate Bonds 22.1Power Finance Corp 11.6Yes Bank 5.8ING Vysya Bank 4.7Reverse Repo/CBLO 0.9Cash, Call & NCA 0.8


He has experience of 12 years and ismanaging this fund since January 2013.

Benchmark CRISIL Balanced Fund Index

Average AUM ` 36 CrorePositioning: Balanced PortfolioPortfolio

Security Weight


Since Inception Returns (%) 13.68 - 12.06Since Inception 1,77,000 13.5 - 12.6Last 10 years 1,20,000 12.3 12.8 15.3Last 7 years 84,000 8.3 9.1 8.7Last 5 years 60,000 8.0 9.7 10.1Last 3 years 36,000 13.0 14.6 17.0Last 2 years 24,000 17.0 17.9 22.2Last 1 year 12,000 21.0 22.5 26.7

Past performance may or may not be sustained in future. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis for period more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested at inception isas on March 31, 2015 . SIP values are in rupees. Performance Analysis on annualised basis using month-endNAVs since launch. The risk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.




Jun-00 Mar-15


01000020000300004000050000600007000080000

Performance Mar 15


Since Inception 65.08 13.5 - 12.6 -31/03/14 to 31/03/15 65.08 21.0 22.5 26.7 -1.531/03/13 to 31/03/14 53.79 13.1 13.4 18.0 -0.331/03/12 to 31/03/13 47.56 5.4 8.2 7.3 -2.7Last 3 years 13.0 14.6 17.0 -1.6Last 5 years 8.0 9.7 10.1 -1.8Last 8 years 9.7 10.3 10.5 -0.7

` 10,000 investedSince Launch 65,080 - 57,676 Last 3 years 14,427 15,032 16,034 Last 5 years 14,677 15,918 16,176 Last 8 years 20,962 21,997 22,219




Sundaram Monthly Income Plan

PortfolioSecurity Rating Weight

Portfolio Stance: MIP- (Moderate): A large part of the portfolioon the Fixed Income part is allocated to short tenor bonds andmoney market instruments aiming at higher accrual income andreaping profits from downward interest rate movement andtrading activity . We may trade actively in G-sec component inthe portfolio to take advantage volatile movements in yields. MIP (Aggressive): The Fixed Income portion of the portfoliowill aim have accrual income apart from taking advantage ofdownward movement in interest rates by taking exposure inbonds. We may trade actively in G-sec component in theportfolio to take advantage volatile movements in yields. MIP (Conservative): The debt portion of the portfolio istargeted at higher accruals apart from taking advantage ofdownward movement in interest rates on Fixed incomeportfolio. We may also actively trade in G-Sec component inportfolio to take advantage of volatile movements in yield.

Positioning: Monthly Income Plan

Equity 22.6Kotak Mahindra Bank 2.8Hindustan UniLever 2.7Wipro 2.5IDFC 2.3ICICI Bank 2.2Mahindra & Mahindra 2.1Cadila Healthcare 2.0Larsen & Toubro 2.0Reliance Industries 1.8Gujarat Ambuja Cements 1.3Tata Steel 0.9Government Securities 21.48.83% G-Sec 25/11/23 GSEC 20.86.35% G-Sec 02/01/20 GSEC 0.6Corporate Bonds 38.0Bajaj Finance AA+ 15.9Power Grid Corp of India AAA 9.9LIC Housing Finance AAA 7.1Nabha Power AAA 5.1Zero Coupon Bond 13.9Dewan Housing Fin Corp AAA 13.9Reverse Repo/CBLO 1.6Cash, Call & NCA 2.6

Equity 24.2Bajaj Finance 5.6

Wabcoia 4.3

Tata Communications 4.1

Indraprastha Gas 2.7


Hindustan Sanitarywareus 1.9

Crompton Greaves 1.3

Castrolia 1.3

Mahindra CIE Automotive 0.9

Government Securities 14.38.83% G-Sec 25/11/23 GSEC 11.5

8.24% G-Sec 10/11/33 GSEC 2.8

Corporate Bonds 44.5Power Grid Corp of India AAA 11.0

Shriram Transport Finance AA+ 11.0

SBNPP Home Finance AA 11.0

Kotak Mahindra Prime AAA 5.4

Export Import Bank of indiaAAA 3.3

Power Finance Corp. AAA 2.7

Reverse Repo/CBLO 14.1Cash, Call & NCA 2.9

Not an assured income scheme

Equity 1.3Kotak Mahindra Bank 0.3Hindustan UniLever 0.2Wipro 0.2IDFC 0.2Mahindra & Mahindra 0.2Larsen & Toubro 0.2Corporate Bonds 93.6Aditya Birla Finance AA+ 15.6IOT Utkal Energy Services AAA 13.5Export Import Bank of india AAA 12.4TATA Sons AAA 11.7L&T Housing Finance AA+ 11.6Power Finance Corp. AAA 11.2Rural Electrification Corp. AAA 10.8Power Grid Corp. of india AAA 5.0IDFC AAA 1.0Bajaj Finance AA+ 0.8Reverse Repo/CBLO 0.6Cash, Call & NCA 4.5




Average Maturity of Portfolio: 4.00 YearsAverage Duration of Portfolio: 3.20 YearsPortfolio YTM: 8.62%


Average Maturity of Portfolio: 3.29YearsAverage Duration of Portfolio: 2.31 YearsPortfolio YTM: 8.80%

NAV: Regular-Growth: ` 13.3803 Dividend-Monthly: ` 11.1654NAV: Direct-Growth: ` 13.3803 Dividend-Monthly: ` —

NAV: Regular-Growth: ` 14.9357 Dividend-Monthly: ` 12.9632NAV: Direct-Growth: ` 15.0578 Dividend-Monthly: ` —

Average AUM ` 26 CroreAverage AUM ` 21 Crore

Benchmark CRISIL MIP Blended Index

Fund Facts: An open-end income scheme • Launch: January 2004 (Moderate Plan); March 2010 (Conservative Plan & Aggressive Plan) • Bloomberg: SUNMIFG IN • Plans: Regular & Direct Options:Growth, Dividend Pay Out, Dividend Re-Investment (Monthly, Quarterly & Half Yearly), Bonus Option (wef: 14/12/12) • Minimum Amount: ` 5000 • SIP/STP: Weekly ` 1000 • Monthly ` 250 • Quarterly` 750 • Terms of offer: NAV • Exit Load: Moderate Plan (w.e.f. 5th March 2013): 1% if redeemed within 9 months, Conservative Plans (wef: 14/05/14): 2.5% - If redeemed / switched-out within 12months from the date of allotment, 2.0% - If redeemed / switched-out after 12 months but within 24 months from the date of allotment. NIL - If redeemed / switched-out after 24 months from the date ofallotment. Aggressive Plan: NIL (w.e.f. February 25, 2015) - If redeemed / switched-out after 24 months from the date of allotment. * Portfolio Yield is computed only for the amount invested • Ratings areprovided by CRISIL/CARE/Fitch/IND agencies • Dividend History: Please visit www.sundarammutual.com For Product Labels, please refer Page 2. Disclosures: Page 33

Moderate Plan (Equity of up to 20%)Aggressive Plan (Equity of up to 30%)

Fund Managers:Fixed Income - Dwijendra Srivatsava,Siddharth Chaudhary and Sandeep Agarwal.Equity - Shiv Chanani

NAV: Regular-Growth: ` 19.6863 Dividend-Monthly: ` 11.6627NAV: Direct-Growth: ` 20.0582 Dividend-Monthly: ` 11.8357

Past performance may or may not be sustained in future. Returns/investment value are asof March 31, 2015. Returns are on a compounded annual basis for period more than one yearand absolute for one-year period and computed using NAV of Regular Plan-Growth Option.Value of ` 10,000 invested at inception is as on March 31, 2015.

Performance Mar 15 Performance Mar 15

Conservative Plan (Equity of up to 10%)

Performance Mar 15Period Fund Benchmark CRISIL 10 YrRegular (%) (%) GILT Index (%)Since inception 5.65 8.71 6.4731/03/14 to 31/03/15 11.31 16.45 14.5731/03/13 to 31/03/14 0.48 6.52 -0.9631/03/12 to 31/03/13 7.80 9.06 11.25Last 3 years 6.43 10.60 8.08Last 5 years 5.65 8.61 6.23

` 10,000 investedSince Inception 13,209 15,265 13,738 Last 3 years 12,057 13,528 12,624 Last 5 years 13,166 15,114 13,528

Since inception 6.23 7.80 5.0331/03/14 to 31/03/15 9.59 16.45 14.5731/03/13 to 31/03/14 6.76 6.52 -0.9631/03/12 to 31/03/13 7.72 9.06 11.25Last 3 years 8.02 10.60 8.08Last 5 years 5.61 8.61 6.23Last 8 years 5.75 8.56 6.76

` 10,000 investedSince Inception 19,686 23,197 17,331 Last 3 years 12,603 13,528 12,624 Last 5 years 13,142 15,114 13,528 Last 8 years 15,647 19,295 16,885

Period Fund Benchmark CRISIL 10 YrRegular (%) (%) GILT Index (%)Since inception 8.24 8.71 6.4731/03/14 to 31/03/15 22.49 16.45 14.5731/03/13 to 31/03/14 5.05 6.52 -0.9631/03/12 to 31/03/13 7.73 9.06 11.25Last 3 years 11.50 10.60 8.08Last 5 years 8.28 8.61 6.23

` 10,000 investedSince Inception 14,936 15,265 13,738 Last 3 years 13,863 13,528 12,624 Last 5 years 14,887 15,114 13,528


Portfolio Stance: A major part of theportfolio is deployed in securitiesmaturing in two month. We intend tokeep maturities bucketed as the spreadfrom overnight remains narrow. We aimto hold a judicious mix of moneymarkets securities and cash to takeadvantage of relative pricing up to threemonth segment.

Positioning: Liquid Fund

Sundaram Money Fund

-9.6

1.5

18.4

50.0

39.8

Cash, Call & NCA

Sovereign

ReverseRepo/CBLO/FD

Certificate of Deposits

Commercial Paper

-9.6

1.5

18.4

89.8

Cash, Call & NCA

Sovereign

ReverseRepo/CBLO/FD

Highest Investment Grade




Exposure is usually taken only in securities with thehighest investment grade rating at the time of investment.

Date Regular Direct

31/03/15 29.48 29.5168

31/03/14 27.0503 27.0669

31/03/13 24.7318 24.7150


NAV of Growth Option

Rating Profile (%)

Fund Facts: An open-end liquid scheme • Launch: March 2000 • Bloomberg: SNDMONA IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out (Monthly),Dividend Reinvestment (Daily, Weekly, Fortnightly, Monthly & Quarterly), Bonus Option (wef: 14/12/12) • Minimum Amount: ` 1,000/- • Terms of offer: NAV • Exit Load:Nil * Portfolio Yield is computed only for the amount invested • Ratings are provided by CRISIL/CARE/Fitch/IND agencies • Dividend History: Please visitwww.sundarammutual.com For Product Labels, please refer Page 2. Disclosures: Page 33

Benchmark CRISIL Liquid Fund Index

Average AUM ` 5,119 Crore

Fund Managers: Dwijendra Srivatsava andSiddharth Chaudhary


No marked-to-market exposureNo exposure to real estateHighest investment-grade papers

Commercial Paper 39.8Edelweiss Financial Services A1+ 10.8Dewan Housing Fin Corp A1+ 10.8National Fertilizers A1+ 2.7ICICI Securities A1+ 2.7Tata Capital Financial A1+ 2.7Kotak Mahindra Investments A1+ 2.0Birla Tmt Holdings Private A1+ 1.4Axis Finance A1+ 1.4Hero Fincorp A1+ 1.4Family Credit A1+ 1.4Tata Capital A1+ 0.9National Engineering A1+ 0.8HDFC A1+ 0.7ECL Finance Limited A1+ 0.1Certificate of Deposits 50.0IDBI Bank A1+ 10.2Axis Bank A1+ 6.8Union Bank of India A1+ 6.0Indian Bank A1+ 5.4IndusInd Bank A1+ 4.4Canara Bank A1+ 4.1Punjab and Sind Bank A1+ 3.4Bank of Baroda A1+ 2.9Bank of Baroda A1+ 2.7Punjab National Bank A1+ 1.4South Indian Bank A1+ 0.7Allahabad Bank A1+ 0.7Andhra Bank A1+ 0.7Standard Chartered Bank A1+ 0.7Oriental Bank of Commerce A1+ 0.2Fixed Deposits 16.4Karur Vysya Bank FD 5.5Allahabad Bank FD 5.5Indian Bank FD 5.5Treasury Bills 1.591 Days - T Bill 11/06/15 Sovereign 1.591 Days - T Bill 22/05/15 Sovereign 0.0Reverse Repo/CBLO 1.9Cash, Call & NCA -9.6

Period Fund Benchmark CRISIL 91 Days (%) (%) T-Bill Index (%)Regular Last 7 days 10.1 13.6 12.9Last 15 days 9.3 10.4 10.2Last 1 month 8.9 10.1 9.1

Near-Term Performance Mar 15

Long-Term Track Record Mar 15

Past performance may or may not besustained in future. Returns/investmentvalue are as of March 31, 2015. Returns areon a compounded annual basis for periodmore than one year and simple annualisedbasis for upto one-year period and computedusing NAV of Regular Plan-Growth Option.Value of ` 10,000 invested at inception is ason March 31, 2015.

Period Fund Benchmark CRISIL 91 Days (%) (%) T-Bill Index (%)Regular Since inception 7.9 7.4 6.231/03/14 to 31/03/15 9.0 9.0 8.831/03/13 to 31/03/14 9.4 9.5 8.731/03/12 to 31/03/13 9.3 8.2 8.5Last 3 years 9.2 8.9 8.7Last 5 years 8.7 8.3 7.4Last 8 years 8.1 7.7 6.4

` 10,000 investedSince inception 20,344 19,493 17,549 Last 3 Years 13,034 12,913 12,827 Last 5 Years 15,203 14,873 14,303 Last 8 Years 18,627 18,046 16,394


Sundaram Ultra Short-Term Fund

Portfolio Stance: A major part of theportfolio is deployed in liquid moneymarket securities having maturities up tothree months. In addition to this weintend to increase duration by addinglonger maturity securities .We intendhold a judicious mix of money marketsecurities and cash to take advantage ofrelative pricing in money marketsegment.

Positioning: Income Fund

-10.8

13.8

16.4

80.5

Cash, Call & NCA

ReverseRepo/CBLO/FD

Corporate Bonds

Commercial Paper

-10.8

13.8

10.0

86.9

Cash, Call & NCA

ReverseRepo/CBLO/FD

High Investment Grade






Commercial Paper 28.1STCI Finance A1+ 6.7Religare Finvest A1+ 5.2Rashtriya Ispat Nigam A1+ 5.1Edelweiss Commodities A1+ 2.6Infina Finance A1+ 2.6Tata Capital Financial A1+ 2.6Religare Securities A1+ 1.3Turqoise Invest & Finance A1+ 1.3Fullerton India Credit A1+ 0.5Religare Finvest 0.3Certificate of Deposits 52.4Punjab and Sind Bank A1+ 23.2Canara Bank A1+ 14.2Corp. Bank A1+ 3.9IndusInd Bank A1+ 3.7EXIM Bank of India A1+ 2.4IDBI Bank A1+ 2.4Vijaya Bank A1+ 1.2Development Credit Bank A1+ 1.2Bank of India A1+ 0.3Fixed Deposits 13.5Allahabad Bank FD 6.6Indian Bank FD 5.2Dena Bank FD 1.2Indian Overseas Bank FD 0.5Corporate Bonds 15.9Sesa Sterlite AA+ 2.9Cholamandalam Invest & Fin AA 2.6Rural Electrification Corp. AAA 1.3TATA Capital Financial AA+ 1.3Dewan Housing Fin Corp AAA 1.3Sundaram Finance AA+ 1.3Power Grid Corp. of India AAA 1.0LIC Housing Finance AAA 0.8Bajaj Finance AA+ 0.8Power Finance Corp. AAA 0.7Indiabulls Financial AAA 0.5Cholamandalam Invest & Fin AA 0.4Shriram Transport Finance AA 0.3Shriram Transport Finance AA+ 0.3ING Vysya Bank AA 0.1HDFC AAA 0.1Zero Coupon Bond 0.6Dewan Housing Fin Corp AAA 0.6Reverse Repo/CBLO 0.4Cash, Call & NCA -10.8


Rating Profile (%)

Benchmark CRISIL Liquid Fund Index



Fund Facts: An open-end income scheme • Launch: April 2007 • Bloomberg: SNDLPRG IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out (Weekly, Fortnightly,Monthly & Quarterly) & Dividend Reinvestment (Daily, Weekly, Fortnightly, Monthly & Quarterly), Bonus Option (wef: 14/12/12) • Minimum Amount: ` 1000 • SIP/STP:Weekly ` 1000 • Monthly ` 1000 • Quarterly ` 3000; • Terms of offer: NAV • Exit Load: Nil.* Portfolio Yield is computed only for the amount invested • Ratings are provided byCRISIL/CARE/Fitch/IND agencies • Dividend History: Please visit www.sundarammutual.com For Product Labels, please refer Page 2. Disclosures: Page 33

Date Regular Direct

31/03/15 19.1436 19.3091

31/03/14 17.5716 17.6368

31/03/13 15.9764 15.9796


Period Fund Benchmark CRISIL 91 Days (%) (%) T-Bill Index (%)Regular Last 7 days 16.0 13.6 12.9Last 15 days 11.4 10.4 10.2Last 1 month 10.3 10.1 9.1

Near-Term Performance Mar 15

Long-Term Track Record Mar 15

Past performance may or may not besustained in future. Returns/investmentvalue are as of March 31, 2015. Returns areon a compounded annual basis for periodmore than one year and simple annualisedbasis for upto one-year period and computedusing NAV of Regular Plan-Growth Option.Value of ` 10,000 invested at inception is ason March 31, 2015.

Period Fund Benchmark CRISIL 91 Days (%) (%) T-Bill Index (%)

Regular Since inception 8.52 7.60 6.431/03/14 to 31/03/15 8.95 8.98 8.831/03/13 to 31/03/14 9.98 9.54 8.731/03/12 to 31/03/13 9.80 8.17 8.5Last 3 years 9.6 8.9 8.7Last 5 years 9.0 8.3 7.4

` 10,000 investedSince inception 19,144 17,897 16,350 Last 3 Years 13,157 12,913 12,827 Last 5 Years 15,417 14,873 14,303


Sundaram Bond Saver

Past performance may or may not besustained in future. Returns/investment valueare as of March 31, 2015.. Returns are on acompounded annual basis for period morethan one year and absolute for one-year periodand computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested atinception is as on March 31, 2015.

Date Regular Direct

31/03/15 39.992 41.0280

31/03/14 35.1863 35.7531

31/03/13 33.9472 33.9764


Performance Mar 15

Exposure is usually taken only in securities with thehighest investment grade rating at the time of investment.

Portfolio Stance: We have largelymaintained the duration on of the fundhigh. Currently we expect to hold theduration for around current levels forsome months. The allocation to bonds inportfolio is meant to add value over thesovereign curve.

Positioning: Medium-term Fixed Income PortfolioSecurity Rating Weight

Government Securities 81.2

8.83% G-Sec 25/11/23 14.6

8.24% G-Sec 10/11/33 13.8

8.24% G-Sec 15/02/27 10.5

8.17% G-Sec 01/12/44 8.0

8.28% G-Sec 21/09/27 7.4

9.23% G-Sec 23/12/43 5.9

9.20% G-Sec 30/09/30 5.7

8.05% GUJ SDL 25/02/25 5.6

9.60% MAHA SDL 14/08/23 2.8

8.88% AP SDL 16/10/24 2.7

8.15% G-Sec 24/11/26 2.6

8.43% MAHA SDL 12/11/24 1.8

6.83% G-Sec 19/01/39 0.0

Corporate Bonds 16.0

Export Import Bank of india AAA 5.5


TATA Sons AAA 2.7

North Eastern Electric Power AA- 2.6

Hindalco Industries. AA 2.6

Reverse Repo/CBLO 0.8

Cash, Call & NCA 2.0

Benchmark CRISIL Composite Bond Fund Index


Fund Managers: Dwijendra Srivatsava andSandeep Agarwal

Fund Facts: An open-end fixed income scheme • Launch: December 1997 • Bloomberg: SUNBONA IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out &Dividend Re-Investment (Quarterly, Half Yearly & Annual), Bonus Option • Minimum Amount: ` 5000 • Terms of offer: NAV •* Portfolio Yield is computed only for the amountinvested Exit Load: 1% if redeemed within one year from the date of allotment. (w.e.f August 24, 2012) Please visit www.sundarammutual.com For Product Labels, pleaserefer Page 2. Disclosures: Page 33

Period Fund Benchmark CRISIL 10 Yr (%) (%) GILT Index (%)

RegularSince inception 8.35 - -

31/03/14 to 31/03/15 13.66 14.59 14.57

31/03/13 to 31/03/14 3.65 4.39 -0.96

31/03/12 to 31/03/13 11.13 9.24 11.25

Last 3 years 9.40 9.33 8.08

Last 5 years 8.06 8.13 6.23

Last 8 years 7.28 7.70 6.76

` 10,000 investedSince Inception 39,992 - -

Last 3 years 13,092 13,067 12,624

Last 5 years 14,735 14,783 13,528

Last 8 years 17,553 18,109 16,885

0.8

2.0

16.0

81.2

Reverse Repo/ CBLO/FD

Cash, Call & NCA

Corporate Bonds

Sovereign

0.8

2.0

2.6

13.4

81.2

ReverseRepo/CBLO/FD

Cash, Call & NCA



Sovereign


Rating Profile (%)





Fund Facts: An open-end fixed income scheme • Launch: May 2001• Plans: Regular & Direct • Options: Growth, Dividend Pay Out & Dividend Re-Investment, Bonus Option • Minimum Amount: ` 5000 • Terms ofoffer: NAV • Exit Load: Nil • Ratings are provided by CRISIL/CARE/Fitch/IND agencies • Dividend History: Please visit www.sundarammutual.com.* Portfolio Yield is computed only for the amount investedFor Product Labels, please refer Page 2. Disclosures: Page 33

Sundaram Gilt Fund

Portfolio Stance: We have allocatedfunds to Government securities and partcash pending allocation to long datedsecurities. We may trade actively in G-sec component in the portfolio to takeadvantage volatile movements in yields.

Date Regular Direct

31/03/15 23.6668 23.8394

31/03/14 21.0125 21.0789

31/03/13 17.8457 17.8460


Past performance may or may not be sustained in future.Returns/investment value are as of March 31, 2015. Returns are on acompounded annual basis for period more than one year and absolute for one-year period and computed using NAV of Regular Plan-Growth Option. Valueof ` 10,000 invested at inception is as on March 31, 2015.

Performance Mar 15PortfolioSecurity Rating Weight


Positioning: An open end Gilt FundBenchmark I-Sec MIBEX





8.24% G-Sec 10/11/33 GSEC 26.6

8.83% G-Sec 25/11/23 GSEC 21.6

8.05% GUJ SDL 25/02/25 GSEC 11.7

8.28% G-Sec 21/09/27 GSEC 11.6

8.17 % G-Sec 01/12/44 GSEC 10.6

8.07% TN SDL 11/02/25 GSEC 10.2

8.43% MAHA SDL 12/11/24 GSEC 2.5




Period Fund Benchmark CRISIL 10 Yr (%) (%) GILT Index (%)RegularSince inception 6.38 31/03/14 to 31/03/15 12.63 14.37 14.5731/03/13 to 31/03/14 17.75 5.10 -0.9631/03/12 to 31/03/13 13.97 10.99 11.25Last 3 years 14.76 10.08 8.08Last 5 years 9.69 8.68 6.23Last 8 years 7.28 8.54 6.76

` 10,000 investedSince Inception 23,667 - Last 3 years 15,115 13,340 12,624 Last 5 years 15,883 15,163 13,528 Last 8 years 17,548 19,267 16,885

Fund Facts: An open-end fixed income scheme • Launch: July 2002• Plans: Regular & Direct • Options: Growth, Dividend Pay Out & Dividend Re-Investment, Bonus Option• Minimum Amount: ` 5000 • Terms of offer: NAV • Exit Load: NIL (w.e.f. February 25, 2015) • Ratings are provided by CRISIL/CARE/Fitch/IND agencies • Dividend History:Please visit www.sundarammutual.com.* Portfolio Yield is computed only for the amount invested For Product Labels, please refer Page 2. Disclosures: Page 33

Sundaram Income Plus

Portfolio Stance: We have allocatedfunds to high credit quality bonds, moneymarket securities and cash. We may tradeactively in G-sec component in theportfolio to take advantage volatilemovements in yields.

Date Regular Direct

31/03/15 20.5600 20.5637

31/03/14 18.5013 -

31/03/13 16.9306 -

NAV of Growth Option Past performance may or may not besustained in future. Returns/investment valueare as of March 31, 2015. Returns are on acompounded annual basis for period morethan one year and absolute for one-year periodand computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested atinception is as on March 31, 2015.

Performance Mar 15Portfolio

Security Rating Weight


Positioning: An open end Income FundBenchmark CRISIL Composite Bond Fund Index

Average Maturity of Portfolio: 0.99YearsAverage Duration of Portfolio: 0.90 YearsPortfolio YTM: 8.75%

Certificate of Deposits 47.2

Canara Bank A1+ 23.6

Vijaya Bank A1+ 23.6

Axis Bank A1+ 0.1


Dewan Housing Fin Corp AAA 14.4

Talwandi Sabo Power AA+ 11.3

Indiabulls Financial Services AAA 10.2

TATA Motors Finance AA 9.9

TATA Motors AA+ 7.1


Cash, Call & NCA -1.3

Fund Manager: Sandeep Agarwal

Period Fund Benchmark CRISIL 10 Yr (%) (%) GILT Index (%)RegularSince inception 5.85 6.67 6.3031/03/14 to 31/03/15 11.13 14.59 14.5731/03/13 to 31/03/14 9.28 4.39 -0.9631/03/12 to 31/03/13 8.13 9.24 11.25Last 3 years 9.50 9.33 8.08Last 5 years 7.21 8.13 6.23Last 8 years 6.03 7.70 6.76



Fund Facts-Flexible Fund Short-Term Plan: An open-end income scheme • Launch: December 2004 • Bloomberg: SUNFSRG IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out (Monthly) & Dividend Re-Investment (Daily, Weekly & Monthly), Bonus Option (wef: 14/12/12) • Minimum Amount: ` 5,000 • SIP/STP (into the scheme): Weekly ` 1000 • Monthly ` 250 • Quarterly ` 750 • Terms of offer: NAV • Exit Load: Nil(w.e.f.16/04/2013). • Ratings are provided by CRISIL/CARE/Fitch/IND agencies Fund Facts-Flexible Fund-Flexible Income Plan:An open-end income scheme • Launch: December 2004 • Bloomberg: SNDLPRG IN • Plans:Regular & Direct Options: Growth, Dividend Pay Out & Dividend Re-Investment (Monthly, Quarterly, Half Yearly & Annual), Bonus Option (wef: 14/12/12) • Minimum Amount: ` 5000 * Portfolio Yield is computed onlyfor the amount invested• Terms of offer: NAV • Exit Load: Nil (W.e.f. May 10, 2013) • Dividend History: Please visit www.sundarammutual.com For Product Labels, please refer Page 2. Disclosures: Page 33

Sundaram Flexible Fund Short-Term Plan

Portfolio Stance: The major part of fund is invested intwo to three months liquid bank CD’s. We may alterduration of the fund take advantage of short term tradingopportunities available in markets to generate extra returnover portfolio yield. The fund aims to generate a suitablereturn over three month horizon by deploying assets in ajudicious mix of MTM Securities and accrual assets.

Date Regular Direct

31/03/15 22.0322 22.0897

31/03/14 20.1976 20.2439

31/03/13 18.5492 18.5514


Past performance may or may not be sustained in future.Returns/investment value are as of March 31, 2015. Returns are on acompounded annual basis for period more than one year and absolute forone-year period and computed using NAV of Regular Plan-Growth Option.Value of ` 10,000 invested at inception is as on March 31, 2015.


Average AUM ` 1,455 Crore

Positioning: Income FundBenchmark CRISIL Short-Term Bond Fund Index



Canara Bank A1+ 28.5

Corporation Bank A1+ 24.1

Vijaya Bank A1+ 12.7

Andhra Bank A1+ 9.7

Indian Bank A1+ 7.4

IDBI Bank A1+ 7.1

EXIM Bank of india A1+ 6.4

IndusInd Bank A1+ 3.2

Punjab and Sind Bank A1+ 1.6


Cash, Call & NCA -1.4


-1.4

0.5

100.8

Cash, Call & NCA

ReverseRepo/CBLO/FD



-1.4

0.5

100.8

Cash, Call & NCA

ReverseRepo/CBLO/FD


Rating Profile (%)

Period Fund Benchmark CRISIL 1 Yr (%) (%) T-Bill Index (%)RegularSince inception 8.01 7.49 5.9731/03/14 to 31/03/15 9.16 10.32 8.7431/03/13 to 31/03/14 8.81 8.86 5.8431/03/12 to 31/03/13 9.85 9.05 8.33Last 3 years 9.27 9.41 7.63Last 5 years 8.59 8.31 6.65Last 8 years 8.48 8.25 6.29


Sundaram Flexible Fund Flexible Income Plan

Portfolio Stance: We have allocatedfunds to high credit quality bonds andcash. We may trade actively in bondcomponent in the portfolio to takeadvantage volatile movements in yields.

Date Regular Direct

31/03/15 19.4427 19.4974

31/03/14 16.7616 16.7836

31/03/13 16.6995 -


Past performance may or may not be sustained infuture. Returns/investment value are as of March 31,2015. Returns are on a compounded annual basis forperiod more than one year and absolute for one-yearperiod and computed using NAV of Regular Plan-Growth Option. Value of ` 10,000 invested atinception is as on March 31, 2015.



Positioning: Income FundBenchmark CRISIL Composite Bond Fund Index


Certificate of Deposits 1.4ICICI Bank A1+ 1.4Corporate Bonds 92.4Export Import Bank of india AAA 16.5Power Grid Corp. of india AAA 15.1Power Finance Corp. AAA 15.1Rural Electrification Corp. AAA 12.0Indian Railway Finance Corp. AAA 10.7Reliance Utilities and Power AAA 8.7Reliance Ports and Terminals AAA 8.6TATA Sons AAA 5.8Reverse Repo/CBLO 2.0Cash, Call & NCA 4.2


4.2

2.0

1.4

92.4

Cash, Call & NCA

ReverseRepo/CBLO/FD


Corporate BondsAsset Allocation (%)

4.2

2.0

93.8

Cash, Call & NCA

Reverse Repo/ CBLO/FD


Rating Profile (%)

Period Fund Benchmark CRISIL 10 Yr (%) (%) GILT Index (%)

RegularSince inception 6.70 6.83 5.3231/03/14 to 31/03/15 16.08 14.59 14.5731/03/13 to 31/03/14 0.30 4.39 -0.9631/03/12 to 31/03/13 8.91 9.24 11.25Last 3 years 8.24 9.33 8.08Last 5 years 7.18 8.13 6.23Last 8 years 7.01 7.70 6.76


Portfolio

Security Rating Weight


Commercial Paper 2.8

STCI Finance A1+ 2.8


Canara Bank A1+ 9.0

IndusInd Bank A1+ 2.7


8.83% G-Sec 25/11/23 GSEC 3.2

9.20% G-Sec 30/09/30 GSEC 2.6

8.24% G-Sec 10/11/33 GSEC 2.5

8.28% G-Sec21/09/27 GSEC 2.5

8.40 %G-Sec 28/07/24 GSEC 2.4

8.15% G-Sec 24/11/26 GSEC 2.4

8.07% TN SDL 11/02/25 GSEC 2.3

8.05% GUJ SDL 25/02/25 GSEC 1.2

8.88% AP SDL 16/10/24 GSEC 0.6


Dewan Housing Fin Corp AAA 10.7

Shriram Transport Finance AA+ 6.4

Sesa Sterlite AA+ 4.7


North Eastern Electric Power AA- 4.2

TATA Motors Finance AA 4.1

Cholamandalam Invest & Fin AA 4.1

LIC Housing Finance AAA 3.6

Rural Electrification Corp. AAA 3.4

Power Grid Corp. of india AAA 3.0

Aditya Birla Finance AA+ 2.9

Talwandi Sabo Power AA+ 2.9

Reliance Jio Infocomm AAA 2.3

HDFC AAA 1.6

TATA Motors AA+ 1.5

Nuclear Power Corp. of India AAA 1.2

LIC Housing Finance AAA 1.2

Nabha Power AAA 0.8

Axis Bank AAA 0.6

HUDCO AA+ 0.6

SBNPP Home Finance AA 0.4




Fund Facts: An open-end fixed income scheme • Launch: September 2002 • Bloomberg: SNDSTAG IN • Plans: Regular & Direct • Options: Growth, Dividend Pay Out & Dividend Re-Investment (Quarterly, Half Yearly& Annual), Bonus Option • Minimum Amount: ` 5000 • Terms of offer: NAV • Exit Load: Nil (w.e.f. September 30, 2014) • Ratings are provided by CRISIL/CARE/Fitch/IND agencies • Dividend History: Please visitwww.sundarammutual.com.* Portfolio Yield is computed only for the amount invested For Product Labels, please refer Page 2. Disclosures: Page 33

Sundaram Select Debt Short Term Asset Plan

Portfolio Stance: We have allocated funds

to high credit quality corporate bonds,

government securities, money market

securities and cash. We may trade actively

in G-sec component in the portfolio to take

advantage volatile movements in yields.

Date Regular Direct

31/03/15 24.1855 24.5505

31/03/14 21.9581 22.0954

31/03/13 20.0690 20.0690


Past performance may or may not be sustained in future.Returns/investment value are as of March 31, 2015. Returnsare on a compounded annual basis for period more than oneyear and absolute for one-year period and and computed usingNAV of Regular Plan-Growth Option. Value of ` 10,000invested at inception is as on March 31, 2015.

Performance Mar 15Positioning: Short-term Fixed IncomeBenchmark CRISIL Liquid Fund Index


Period Fund Benchmark CRISIL 1 Yr (%) (%) T-Bill Index (%)RegularSince inception 7.27 6.67 5.7331/03/14 to 31/03/15 10.22 8.98 8.7431/03/13 to 31/03/14 9.34 9.54 5.8431/03/12 to 31/03/13 11.08 8.17 8.33Last 3 years 10.21 8.90 7.63Last 5 years 9.73 8.26 6.65Last 8 years 7.96 7.65 6.29

` 10,000 invested

Since Inception 24,186 22,522 20,151 Last 3 years 13,387 12,913 12,468 Last 5 years 15,914 14,873 13,803 Last 8 years 18,462 18,046 16,301

1.0

0.4

19.8

11.7

2.8

64.4

Cash, Call & NCA

Reverse Repo/CBLO/FD

Sovereign


Commercial paper

Corporate Bonds

1.0

19.8

0.4

31.7

47.1

Cash, Call & NCA

Sovereign

ReverseRepo/CBLO/FD




Rating Profile (%)





Allocation as a percentage of fund size.

Portfolio other fixed-income fundsSundaram Fixed Income Interval Fund -

Quarterly Series - Plan ATreasury Bills 90.8 Reverse Repo/CBLO 7.8 Net Current Assets 1.5 Sundaram Fixed Income Interval Fund -

Quarterly Series - Plan BReverse Repo/CBLO 91.6 Net Current Assets 8.5 Sundaram Fixed Income Interval Fund -

Quarterly Series - Plan CReverse Repo/CBLO 91.7 Net Current Assets 8.3 Sundaram Fixed Income Interval Fund -

Quarterly Series - Plan DReverse Repo/CBLO 92.2 Net Current Assets 7.9 Sundaram Fixed Income Interval Fund -

Quarterly Series - Plan ETreasury Bills 49.0 Reverse Repo/CBLO 46.5 Net Current Assets 4.6

Sundaram Fixed Term Plan GUDebt Instruments 97.9 Reverse Repo/CBLO 0.6 Net Current Assets 1.5

Sundaram Fixed Term Plan GKDebt Instruments 96.0 Reverse Repo/CBLO 0.9 Net Current Assets 3.1

Sundaram Fixed Term Plan GJDebt Instruments 94.9 Reverse Repo/CBLO 0.8 Net Current Assets 4.8

Sundaram Fixed Term Plan GGCertificate of Deposits 69.6 Commercial Papers 30.0 Reverse Repo/CBLO 0.3 Net Current Assets 0.1

Sundaram Fixed Term Plan GECertificate of Deposits 80.3 Commercial Papers 19.6 Reverse Repo/CBLO 0.1 Net Current Assets 0.0

Sundaram Fixed Term Plan FMCertificate of Deposits 79.8 Commercial Papers 19.2 Reverse Repo/CBLO 1.0 Net Current Assets 0.1

Sundaram Fixed Term Plan FLDebt Instruments 94.3 Certificate of Deposits 1.9 Reverse Repo/CBLO 1.2 Net Current Assets 2.6

Sundaram Fixed Term Plan FIDebt Instruments 19.9 Certificate of Deposits 79.8 Reverse Repo/CBLO 0.4 Net Current Assets 0.0

Sundaram Fixed Term Plan FDCertificate of Deposits 99.8 Reverse Repo/CBLO 0.2 Net Current Assets 0.0

Sundaram Fixed Term Plan FADebt Instruments 36.9 Certificate of Deposits 60.2 Reverse Repo/CBLO 0.8 Net Current Assets 2.2

Sundaram Fixed Term Plan EXDebt Instruments 39.9 Certificate of Deposits 59.8 Reverse Repo/CBLO 0.3 Net Current Assets 0.0

Sundaram Fixed Term Plan EUDebt Instruments 34.9 Certificate of Deposits 61.0 Reverse Repo/CBLO 1.3 Net Current Assets 2.7

Sundaram Fixed Term Plan ESCertificate of Deposits 92.2 Reverse Repo/CBLO 3.5 Net Current Assets 4.3

Sundaram Fixed Term Plan ERDebt Instruments 63.8 Certificate of Deposits 25.2 Reverse Repo/CBLO 5.0 Net Current Assets 6.0

Sundaram Fixed Term Plan DZDebt Instruments 93.0 Reverse Repo/CBLO 2.2 Net Current Assets 4.8

Sundaram Fixed Term Plan DYDebt Instruments 94.5 Reverse Repo/CBLO 1.2 Net Current Assets 4.3

Sundaram Fixed Term Plan DWDebt Instruments 89.4 Reverse Repo/CBLO 4.7 Net Current Assets 5.9

Sundaram Fixed Term Plan DVDebt Instruments 91.5 Reverse Repo/CBLO 3.4 Net Current Assets 5.1

Sundaram Fixed Term Plan DUDebt Instruments 93.1 Reverse Repo/CBLO 1.4 Net Current Assets 5.6

Sundaram Fixed Term Plan DTDebt Instruments 92.5 Sovereign 0.7 Reverse Repo/CBLO 1.1 Net Current Assets 5.8

Sundaram Fixed Term Plan DSDebt Instruments 95.1 Reverse Repo/CBLO 0.3 Net Current Assets 4.6

Sundaram Fixed Term Plan DPCertificate of Deposits 95.0 Reverse Repo/CBLO 0.9 Net Current Assets 4.1

Sundaram Fixed Term Plan DOCertificate of Deposits 94.4 Reverse Repo/CBLO 0.6 Net Current Assets 5.1

Sundaram Fixed Term Plan DDCertificate of Deposits 99.1 Reverse Repo/CBLO 0.7 Net Current Assets 0.1 Sundaram Capital Protection Oriented

Fund - 5 years - Series 4Equity 28.4 Debt Instruments 65.9 Certificate of Deposits 1.9 Reverse Repo/CBLO 0.8 Net Current Assets 3.0 Sundaram Capital Protection Oriented

Fund - 5 years - Series 3Equity 28.4 Debt Instruments 67.7 Reverse Repo/CBLO 0.2 Net Current Assets 3.7 Sundaram Capital Protection Oriented

Fund - 5 years - Series 2Equity 26.4 Debt Instruments 62.7 Certificate of Deposits 8.3 Reverse Repo/CBLO 1.9 Net Current Assets 0.7 Sundaram Capital Protection Oriented

Fund - 3 years - Series 9Equity 19.3 Debt Instruments 71.3 Certificate of Deposits 5.3 Reverse Repo/CBLO 1.4 Net Current Assets 2.7

Sundaram Hybrid Fund - Series AEquity 36.2 Debt Instruments 60.3 Reverse Repo/CBLO 0.6 Net Current Assets 2.9

Sundaram Hybrid Fund - Series CEquity 34.2 Debt Instruments 61.5 Reverse Repo/CBLO 1.1 Net Current Assets 3.1

Sundaram Hybrid Fund - Series DEquity 36.1 Debt Instruments 60.5 Reverse Repo/CBLO 1.0 Net Current Assets 2.4

Sundaram Hybrid Fund - Series FEquity 35.9 Debt Instruments 59.1 Reverse Repo/CBLO 2.3 Net Current Assets 2.7

Sundaram Hybrid Fund - Series HEquity 34.5 Debt Instruments 59.6 Reverse Repo/CBLO 2.0 Net Current Assets 3.9

Sundaram Hybrid Fund - Series KEquity 35.7 Debt Instruments 59.1 Reverse Repo/CBLO 2.7 Net Current Assets 2.6


Dividend History Equity & Balanced Funds

Dividend is declared on the face value of ` 10 per unit. After declaration and payment of dividend (including re-investment), the ex-dividend NAV will decline to the extent of the dividendpayment. For dividend history of liquid/income funds, please visit www.sundarammutual.com. For Product Labels, please refer Page 2. Disclosures: Page 33

Sundaram Growth FundPlan Record Date % ` per unit Record Date NAVRegular 29/09/99 20.0 2.00 18.01Regular 15/05/00 30.0 3.00 16.51Regular 22/01/03 20.0 2.00 12.75Regular 11/07/03 15.0 1.50 12.70Regular 26/09/03 20.0 2.00 13.87Regular 30/01/04 55.0 5.50 16.35Regular 11/03/05 20.0 2.00 14.80Regular 03/10/05 15.0 1.50 15.79Regular 03/02/06 22.5 2.25 16.91Regular 31/05/06 35.0 3.50 15.63Regular 16/11/07 65.0 6.50 23.35Regular 19/02/10 20.0 2.00 12.6986Regular 25/04/14 15.0 1.50 13.9282Direct 25/04/14 15.0 1.50 14.0192Regular 25/03/15 40.3 4.03 15.7384Direct 25/03/15 41.9 4.19 15.9634

Sundaram Select Mid CapPlan Record Date % ` per unit Record Date NAVRegular 27/06/03 25.0 2.50 12.9763Regular 21/11/03 40.0 4.00 17.2790Regular 27/02/04 35.0 3.50 14.3580Regular 17/09/04 20.0 2.00 13.1843Regular 18/02/05 20.0 2.00 15.0341Regular 23/09/05 20.0 2.00 17.3439Regular 17/02/06 25.0 2.50 20.0785Regular 18/08/06 20.0 2.00 20.9924Regular 27/10/06 40.0 4.00 21.0980Regular 09/02/07 25.0 2.50 18.7821Regular 24/04/09 10.0 1.00 11.5291Regular 04/09/09 10.0 1.00 17.7666Regular 20/11/09 15.0 1.50 18.7957Regular 05/02/10 15.0 1.50 17.4552Regular 12/11/10 20.0 2.00 21.3708Regular 25/10/13 10.0 1.00 18.0130Direct 25/10/13 10.0 1.00 18.0744Regular 21/03/14 10.0 1.00 19.7068Direct 21/03/14 10.0 1.00 19.7968Regular 10/10/14 10.0 1.00 28.1509Direct 10/10/14 10.0 1.00 28.4620

Sundaram Tax SaverPlan Record Date % ` per unit Record Date NAVRegular 26/03/04 50.0 5.00 15.9938Regular 28/01/05 50.0 5.00 18.1404Regular 31/12/05 30.0 3.00 18.2146Regular 03/03/06 30.0 3.00 19.6287Regular 25/08/06 15.0 1.50 15.9708Regular 08/12/06 25.0 2.50 17.5084Regular 23/03/07 20.0 2.00 14.4832Regular 28/12/07 30.0 3.00 22.0117Regular 28/03/08 15.0 1.50 14.0348Regular 18/09/09 10.0 1.00 14.8173Regular 29/01/10 20.0 2.00 13.6615Regular 19/03/10 10.0 1.00 12.0734Regular 16/12/10 15.0 1.50 12.4542Regular 09/05/14 5.0 0.50 12.4184Direct 09/05/14 5.0 0.50 12.4583Regular 19/09/14 5.0 0.50 15.0717Direct 19/09/14 5.0 0.50 15.1522Regular 26/12/14 5.0 0.50 15.1950Direct 26/12/14 5.0 0.50 15.2920Regular 13/03/15 5.0 0.50 15.6900Direct 13/03/15 5.0 0.50 15.8056

Sundaram Balanced FundPlan Record Date % ` per unit Record Date NAVRegular 28/11/03 35.0 3.50 15.8144

Regular 18/03/05 42.5 4.25 16.1315Regular 28/10/05 20.0 2.00 13.1592Regular 14/12/07 30.0 3.00 22.4805Regular 08/05/09 15.0 1.50 12.6517Regular 11/09/09 10.0 1.00 15.2120Regular 11/03/11 60.0 6.00 16.4776

Sundaram Select FocusPlan Record Date % ` per unit Record Date NAVRegular 20/06/03 20.0 2.00 12.50Regular 12/09/03 25.0 2.50 14.15Regular 20/08/04 40.0 4.00 14.79Regular 04/03/05 20.0 2.00 14.68Regular 27/01/06 20.0 2.00 18.79Regular 02/06/06 50.0 5.00 18.2Regular 24/11/06 35.0 3.50 16.33Regular 30/11/07 65.0 6.50 21.73Regular 26/03/10 20.0 2.00 12.92Regular 10/12/10 20.0 2.00 12.03

Sundaram S.M.I.L.E FundPlan Record Date % ` per unit Record Date NAVRegular 14/10/05 10.0 1.00 13.0045Regular 10/03/06 10.0 1.00 15.5295Regular 23/02/07 20.0 2.00 15.5046Regular 07/12/07 60.0 6.00 23.8655Regular 31/07/09 20.0 2.00 14.0713Regular 26/03/10 30.0 3.00 14.9741Regular 08/04/11 10.0 1.00 12.4419Regular 02/05/14 10.0 1.00 13.3788Direct 02/05/14 10.0 1.00 13.4810Regular 14/11/14 10.0 1.00 20.6876Direct 14/11/14 10.0 1.00 20.9305Sundaram Financial Services Opportunities

Plan Record Date % ` per unit Record Date NAVRegular 12/06/09 10.0 1.00 12.8580Regular 06/11/09 20.0 2.00 14.0743Regular 18/02/11 30.0 3.00 15.4510Regular 25/04/14 15.0 1.50 13.1526Direct 25/04/14 15.0 1.50 13.2483Sundaram Entertainment Opportunities

Plan Record Date % ` per unit Record Date NAVRegular 05/06/09 10.0 1.00 13.6534Regular 12/03/10 20.0 2.00 13.7327

Sundaram Rural IndiaPlan Record Date % ` per unit Record Date NAVRegular 17/11/06 10.0 1.00 11.4221Regular 24/12/10 30.0 3.00 14.6803Regular 02/05/14 10.0 1.00 13.1157Direct 02/05/14 10.0 1.00 13.1832

Sundaram PSU OpportunitiesPlan Record Date % ` per unit Record Date NAVRegular 07/01/11 10.0 1.00 11.3935

Sundaram Equity MultiplierPlan Record Date % ` per unit Record Date NAVRegular 20/12/07 30.0 3.00 16.4246Regular 02/05/14 10.0 1.00 12.6689Direct 02/05/14 10.0 1.00 12.7558Sundaram Global Advantage Fund

Plan Record Date % ` per unit Record Date NAVRegular 31/05/13 10.40 1.0398 13.9118Direct 31/05/13 4.05 0.4047 13.9784Regular 28/11/14 10.0 1.00 13.6089Direct 28/11/14 10.0 1.00 14.4304

Sundaram Select Micro CapPlan Record Date % ` per unit Record Date NAV

Series IRegular 28/04/14 5.0 0.50 11.7346Direct 28/04/14 5.0 0.50 11.7981Regular 06/06/14 10.0 1.00 14.8620Direct 06/06/14 10.0 1.00 14.9732Regular 14/08/14 10.0 1.00 15.0027Direct 14/08/14 10.0 1.00 15.1717Regular 17/10/14 10.0 1.00 15.6212Direct 17/10/14 10.0 1.00 15.857Regular 05/12/14 15.0 1.50 17.2576Direct 05/12/14 15.0 1.50 17.5761Regular 13/02/15 5.0 0.50 17.0585Direct 13/02/15 5.0 0.50 17.4601

Series IIRegular 28/04/14 5.0 0.50 11.7235Direct 28/04/14 5.0 0.50 11.7732Regular 06/06/14 10.0 1.00 14.8452Direct 06/06/14 10.0 1.00 14.9380Regular 14/08/14 10.0 1.00 14.9777Direct 14/08/14 10.0 1.00 15.1266Regular 17/10/14 10.0 1.00 15.5998Direct 17/10/14 10.0 1.00 15.8131Regular 05/12/14 15.0 1.50 17.2095Direct 05/12/14 15.0 1.50 17.5008Regular 13/02/15 5.0 0.50 16.9682Direct 13/02/15 5.0 0.50 17.3393

Series IIIRegular 23/05/14 5.0 0.50 13.9001Direct 23/05/14 5.0 0.50 13.9624Regular 06/06/14 10.0 1.00 14.6855Direct 06/06/14 10.0 1.00 14.7634Regular 14/08/14 10.0 1.00 14.7826Direct 14/08/14 10.0 1.00 14.9148Regular 17/10/14 10.0 1.00 15.3778Direct 17/10/14 10.0 1.00 15.5716Regular 05/12/14 15.0 1.50 16.8904Direct 05/12/14 15.0 1.50 17.1571Regular 13/02/15 5.0 0.50 16.6814Direct 13/02/15 5.0 0.50 17.0259

Series IVRegular 30/05/14 5.0 0.50 13.2421Direct 30/05/14 5.0 0.50 13.2921Regular 20/06/14 10.0 1.00 13.8867Direct 20/06/14 10.0 1.00 13.9549Regular 14/08/14 10.0 1.00 13.7889Direct 14/08/14 10.0 1.00 13.8974Regular 17/10/14 10.0 1.00 14.2447Direct 17/10/14 10.0 1.00 14.4084Regular 05/12/14 15.0 1.50 15.7595Direct 05/12/14 15.0 1.50 15.9908Regular 13/02/15 5.0 0.50 15.4627Direct 13/02/15 5.0 0.50 15.7648

Series VRegular 13/02/15 5.0 0.50 12.7304Direct 13/02/15 5.0 0.50 12.8560

Sundaram Equity PlusPlan Record Date % ` per unit Record Date NAVRegular 11/07/14 10.0 1.00 12.4341Direct 11/07/14 10.0 1.00 12.5520

Sundaram TOP 100Plan Record Date % ` per unit Record Date NAV

Series IRegular 12/12/14 5.0 0.50 11.5734Direct 12/12/14 5.0 0.50 11.7027

For more details on fund-specific features, detailed risk factors and information on SundaramAsset Management, please read the Statement of Additional Information and SchemeInformation Document available at www.sundarammutual.com.Specific to information in the Fact Sheet: Portfolio Attributes: For Sundaram Money Fundand Sundaram Bond Saver, the portfolio attributes indicated are features that would normallybe adhered to. There could also be changes if there are significant shifts in underlying of thefixed-income market. Disclaimer for dividend: Dividend is declared on the face value of ` 10per unit. After declaration and payment of dividend (including re-investment), the ex-dividendNAV will decline to the extent of the dividend payment. Exposure to derivatives: The valueindicated for derivatives represents the exposure to equity through to index futures, indexoptions, stock futures and stock options. The margin may be only a proportion of the exposureand to the extent, it is lower, cash in the fund’s accounts will be higher. Portfolio Weights &NAV: Stock and sector weights have been rounded to one-decimal place and so may not addexactly to 100%. NAV information in this document is as on March 31, 2015 unless otherwisespecified. Returns are based on NAV as of March 31, 2015 Average AUM for month March2015. Returns:As per the SEBI standards for performance reporting, “since inception” returnsare calculated based on ` 10 invested at inception of the funds. For this purpose the inceptiondate is deemed to be the date of allotment. Returns are computed using the NAV of RegularPlan-Growth Option where a separate Dividend and Growth option is available from inceptionand an adjusted-series of NAV for Sundaram Growth Fund and Sundaram Tax Saver fordividends declared before separate Dividend & Growth Options were introduced. Returns forperiod in excess of one year is on a compounded annual basis; the returns are net of fees andexpenses but before taking into effect of entry load. Returns to investors may be lower to theextent of entry load and timing of investment in the fund. Returns are net of fees andexpenses. Past performance may or may not be sustained in future and the numbers should notbe used as a basis for comparison with other investments.Performance Analysis are on an annualized basis as of March 31, 2015 Computation is basedon the month-end NAV of the fund, designated benchmark of the scheme and CNX Nifty. Therisk free rate is 8.0907% per annum based on the upper band of 10 year T-Bill yield.

Data Source: Bloomberg; Computation: In- houseFund Features: Scheme Type, Investment Objective, Plans, Options, Entry Load and Exit Loadhave been outlined in the respective fund-specific Fact Sheet pages. NAV will be published onevery business day.Asset Allocation: Sundaram Growth Fund: • Equity and equity-related instruments(including investment in derivatives): 80%-100% • Money market instruments up to 20% •Exposure in derivative shall not exceed 50% of the net assets of the scheme • The Scheme mayinvest up to 35 of the net assets in overseas securities. Sundaram Select Focus: • Equity andequity-related instruments (including investment in derivatives): 75%-100% • Cash, cashequivalents, money market instruments: Not exceeding 25% • Exposure in derivative shall notexceed 50% of the net assets of the scheme • The Scheme may invest up to 35% of the net assetsin overseas securities. The scheme can at any time hold upto a maximum of 50 stocks.Sundaram Select Mid Cap: • Equity and equity-related instruments (including investment inderivatives): 75%-100% • Cash, cash equivalents, money market instruments: not exceeding25% • Exposure in derivative shall not exceed 50% of the net assets of the scheme • The Schememay invest up to 35% of the net assets in overseas securities. Sundaram S.M.I.L.E Fund(Small and Medium Indian Leading Equities): • Equity instruments – small-cap and mid-capstocks (including investments in derivatives): At least 65% • Other Equities (includinginvestment in derivatives): Not exceeding 35% • Money market instruments: Not exceeding15% • Exposure in derivative shall not exceed 50% of the net assets of the scheme • The Schememay invest up to 35% of the net assets in overseas securities. Sundaram Tax Saver: • Equity& equity-related instruments: 80%-100% • Corporate and PSU Bonds Up to 20% • Moneymarket instruments: Up to 20%. In conformity with GOI notification dated 28-Dec-1992 onELSS 1992, under normal circumstances, a minimum of 80% of the funds of this Scheme willbe invested in equities or equity related instruments. The balance portion would be invested indebt and money market instruments. Sundaram Equity Multiplier: • Equity & equity-relatedInstruments (including investment in derivatives): 65%-100% • Debt instruments includingsecuritised debt & Money Market Instruments: up to 35% (securitised debt up to a maximumof 30%) • Exposure in derivative shall not exceed 50% of the net assets of the scheme. SelectThematic Funds: Sundaram Infrastructure Advantage Fund: • Equity and Equity relatedinstruments of companies Engaged in Infrastructure sector (including investment in derivatives)65% – 100% • Other Equities (Including investment in Derivatives) 0% - 35% • Fixed IncomeInstruments issued by Companies engaged in Infrastructure Sector 0% – 35% • Money MarketInstruments 0% - 15% Sundaram Rural India Fund: • Equity & equity-related securities ofcompanies that are focusing on Rural India (including investment in derivatives): 70%-100% •Other equities (including investment in derivatives): 0%-30% • Money market instruments 0%-15% • Exposure in derivative shall not exceed 50% of the net assets of the scheme • The Schememay invest up to 35% of the net assets in overseas securities. The fund may also invest in equityand equity-related instruments listed in overseas markets as well as overseas funds/ETFs thatinvest in or track agri-commodity stocks. The scheme will not invest in funds/ETFs that havedirect exposure to commodities. Sundaram PSU Opportunities Fund: • Equity & equity-related Instruments in the targeted theme (including investment in derivatives): 65%-100% •Equity & equity-related Instruments other than the targeted theme (including investment inderivatives): up to 35% • Fixed income/money market instruments: up to 35% • Exposure inderivative shall not exceed 50% of the net assets of the scheme • The Scheme may invest up to35% of the net assets in overseas securities. Sundaram Balanced Fund: • Equity and equity-related instruments (including investment in derivatives): 40%-75% • Fixed Incomeinstruments: 25%-60%, Including securitised debt up to 10% • Exposure in derivative shall notexceed 50% of the net assets of the scheme • The Scheme may invest up to 35% of the netassets in overseas securities. Sundaram Global Advantage: Unit of mutual funds andexchange-traded funds listed on overseas stock exchanges 85%-100%; Domestic Money-market instruments 0%-15%. Sundaram Equity Plus: • Equity & equity-related instrumentslisted in India 65%-85% • Gold-ETF 15%-35% • Fixed Income & Money Market Instruments0%-20%. Exposure to derivatives will be to 50% of the net asset value of the Scheme at the timeof transaction. Exposure to overseas securities shall also not exceed 35% of assets. The totalasset allocation including exposure to derivatives would not exceed 100% of the net assets ofthe Scheme. Sundaram Select Micro Cap: • Equity & equity-related securities of micro-capcompanies: 65%-100% • Other equity & equity-related securities: 0%-35% • Fixed Income andmoney market securities: 0%-35% Sundaram Top 100: • Equity securities specified as eligiblesecurities for RGESS: 95%-100% • Cash & Cash Equivalents and Money Market Instruments*:

0%-5% (*investment made in money market instruments shall have residual maturity of upto91 days.) Sundaram Select Small Cap: Equity & equity-related securities of small-capcompanies 65% • 100% • Other equity & equity-related securities 0%-35% • Fixed Income andmoney market securities 0%-35%. Sundaram World Brand Fund: Equity and Equity relatedInstruments listed on recognized overseas stock exchanges across the world* 65%-100% •Domestic Fixed Income and Money Market Instruments 0%-35% *The Scheme will not haveany exposure to equity and equity related securities issued by Indian securities and tocompanies listed in stock exchange(s) in India. Sundaram Value Fund: Equity & Equityrelated securities 80%-100% • Fixed Income and money market securities 0%-20%. SectorFunds: Sundaram Financial Services Opportunities: • Equity and equity related instrumentsof Indian companies engaged in Banking and Financial Services: 80%-100% • Other equities0%-20% • Fixed Income and Money market instruments 0%-20% • Exposure in derivative shallnot exceed 50% of the net assets of the scheme Sundaram Entertainment Opportunities: •Equity and equity related instruments of Indian companies engaged in Media and EntertainmentSector: 80%-100% • Other equities 0%-20% • Fixed Income and Money market instruments0%-20% • Exposure in derivative shall not exceed 50% of the net assets of the schemeSundaram Money Fund: •Money Market Investments, debt securities (including securitiseddebt up to a maximum of 50% of the net asset value of the scheme) 0% - 100%. The schemeshall invest in debt and money market securities with maturity of up to 91 days only. SundaramUltra Short-Term Fund: • Money market securities and/ or debt securities with residual oraverage maturity of less than or equal to 370 days or put options within a period not exceeding370 days 70% - 100% • Debt securities which have residual or average maturity of more than370 days 0% - 30% (Including Securitised Debt up to 30%). Sundaram Flexible Fund-ShortTerm Plan: • Money Market Instruments (CDs, CPs, CBLO, REPO, MIBOR Instruments,Debt Securities with initial maturity of less than one year/GOI Secs./Treasury Bills) 65%-100% • Fixed Income Instruments Government of India & Corporate Debt Securities (includingSecuritised Debt) 0%-35%. Sundaram Flexible Fund-Flexible Income Plan: Fixed IncomeInstruments, Government of India & Corporate Debt Securities (including Securitised Debt)65%-100% • Money Market Instruments like CPs, CBLO, REPO, MIBOR Instruments, DebtSecurities with initial maturity of less than one year/GOI Secs./Treasury Bills 0%-35%Investment in securitised debt will be up to 35% of the net assets. Sundaram Bond Saver: •Debt instruments 65%-100% • Money market instruments 0%-40%. Sundaram MonthlyIncome Plan: Conservative Plan: • Government Securities 90%-100% • Debt Securities,Money Market instruments & Cash (Including money at Call, other than securitised debt) 90%-100% • Equity & Equity related securities 0%-10% • Investment in Securitised Debt will be upto 75% of the net assets of the Plan. Moderate Plan: • Government securities 80%-100% •Debt Securities, Money Market instruments & Cash (Including money at Call, other thansecuritised debt) 80%-100% • Equity and equity-related securities 0%-20%. • Investment inSecuritised Debt will be up to 75% of the net assets of the Plan. Aggressive Plan: • Governmentsecurities 70%-100% • Debt Securities, Money Market instruments & Cash (Including moneyat Call, other than securitised debt) 70%-100% • Equity and equity-related securities 0%-30%.• Investment in Securitised Debt will be up to 70% of the net assets of the Plan. Pending deployment of funds in terms of the investment objective, the funds may be investedin short-term deposits with scheduled commercial banks in accordance with applicable SEBIguidelines.Scheme-Specific Risk Factors: Applicable for all funds: Change in Government policy in general and changes in tax benefitsapplicable to mutual funds may impact the returns to Investors Applicable to equity schemes (except Sundaram Tax Saver): For any overseas investments inthe equity funds, country risk, currency risk and geopolitical risk, to name a few.Sundaram Select Focus: Higher volatility due to a concentrated portfolio. Sundaram SelectMid Cap: Lack of liquidity at times and volatility. Sundaram Small and Medium IndianLeading Equities Fund (S.M.I.L.E) Fund: Small-cap stocks are generally more illiquid.Sundaram Equity Multiplier: Risk of non-diversification. Sundaram InfrastructureAdvantage Fund: Long gestation periods; pace at which investments materialize; incidence oftaxation, government policy & firm-level inefficiency. Sundaram Select Thematic FundsRural India Fund: Vagaries of nature such as erratic monsoon, failure of crop & drought, toname a few; cyclical / seasonal factrs For any overseas investments relevant to rural-theme:country risk, currency risk and geopolitical risk. Sundaram Select Thematic Funds PSUOpportunities: Geo-political developments. As the schemes will invest in the instruments ofpublic sector companies, it will be affected by the government policies on PSU. As a thematicfund, there will be concentration risk compared to a diversified fund. For any overseasinvestments in the equity funds, country risk, currency risk and geopolitical risk, to name a few.The Scheme may use techniques such as interest rate swaps, options on interest rates, futuresand forward rate agreement and other derivative instruments that are / may be permitted underSEBI/RBI Regulation. These techniques and instruments, if imperfectly used, have the risk ofthe Scheme incurring losses due to mismatches, particularly in a volatile market. SundaramGlobal Advantage: Currency risk, country risk, geo-political risk and emerging markets risk.Sundaram Equity Plus: Global demand-supply trends, purchases/sales by central banks,delays in bringing new mines on line, macro-economic variables, geo-political factors,seasonality in demand, changes in duty and tariffs and liquidity may have an impact on pricesof gold and consequently on the NAV of the Scheme to the extent investment is made in gold-ETF. Investment in ETFs will be subject to risks of the underlying Scheme including trackingerror. If and to the extent, the portfolio includes overseas stocks, investors will be exposed tocountry risk, currency risk, geo-political risk, legal restrictions and regulation changes ingeography other than India. The equity portfolio will be subject to market risk, liquidity riskand non-diversification, to name a few. There is risk of capital loss and non attainment of thestated investment objective. This is a concise summary of Scheme-specific risk factors availablein detail in the Scheme Information Document. Sundaram Select Micro Cap: To seek capitalappreciation by investing predominantly in equity/equity-related instruments of companies thatcan be termed as micro-caps. A company whose market capitalisation is equal to or lower thanthat of the 301st stock by market cap on the NSE at the time of investment will be consideredto be in micro-cap category. Sundaram Top 100: To generate capital appreciation from aportfolio that is substantially constituted of equity securities specified as eligible securities forRajiv Gandhi Equity Savings Scheme, 2012. The Scheme may also invest a certain portion ofits corpus in cash & cash equivalent and money market instruments from time to time ofSundaram TOP 100. Sector Funds: Sundaram Financial Services Opportunities: Thescheme being sector specific will be affected by the risks associated with the Financial Servicessector. Investing in a sectoral fund is based on the premise that the Fund will seek to invest in

companies belonging to a specific sector. This will limit the capability of the Fund to invest inanother sector. The fund would invest in equity and equity related securities of companiesengaged in the financial services sector and hence concentration risk is expected to be high.Also, as with all equity investing, there is the risk that companies in that specific sector will notachieve its expected earnings results, or that an unexpected change in the market or within thecompany will occur, both of which may adversely affect investment results. Thus investing in asector specific fund could involve potentially greater volatility and risk. The risk factorsassociated with the Sectoral Fund are in addition to the standard risk factors applicable to allthe Schemes of the Mutual Fund. Sundaram Entertainment Opportunities: The schemebeing sector specific will be affected by the risks associated with the Media sector. Investing ina sectoral fund is based on the premise that the Fund will seek to invest in companies belongingto a specific sector. This will limit the capability of the Fund to invest in another sector. Thefund would invest in equity and equity related securities of companies engaged in the mediasector and hence concentration risk is expected to be high. Also, as with all equity investing,there is the risk that companies in that specific sector will not achieve its expected earningsresults, or that an unexpected change in the market or within the company will occur, both ofwhich may adversely affect investment results. Thus investing in a sector specific fund couldinvolve potentially greater volatility and risk. The risk factors associated with the Sectoral Fundare in addition to the standard risk factors applicable to all the Schemes of the Mutual Fund.Sundaram Money Fund: Sundaram Money Fund is a Money Market Scheme. Changes in theprevailing rates of interest are likely to affect the value of the scheme's holdings andconsequently the value of the scheme's Units. The scheme may use derivative instruments likeInterest Rate Swaps, Forward Rate Agreements or other derivative instruments for the purposeof hedging and portfolio balancing and trading, as permitted under the Regulations andguidelines. Usage of derivatives will expose the plans to certain risks inherent to suchderivatives. Sundaram Ultra Short-Term Fund: Sundaram Ultra Short-Term Fund is not aMoney Market Scheme. Changes in the prevailing rates of interest are likely to affect the valueof the scheme's holdings and consequently the value of the scheme's Units. The scheme mayuse derivative instruments like Interest Rate Swaps, Forward Rate Agreements or otherderivative instruments for the purpose of hedging and portfolio balancing and trading, aspermitted under the Regulations and guidelines. Usage of derivatives will expose the plans tocertain risks inherent to such derivatives. Sundaram Bond Saver: Changes in the prevailingrates of interest are likely to affect the value of the scheme’s holdings and consequently thevalue of the scheme’s Units. Credit Risk: Credit Risk refers to the risk of default in interest(coupon) payment and /or principal repayment. All debt instruments except those issued by theGovernment of India carry this risk. Price Risk: As long as the Scheme will be invested, its NetAsset Value (NAV) is exposed to market fluctuations, and its value can go up as well as down.The portfolio of fixed-income securities that the Scheme invests in would be exposed to pricechanges on a day-to-day basis. These price changes may occur due to instrument-specificfactors as well as general macroeconomic conditions. In general, price of fixed-incomesecurities go up when interest rates fall, and vice versa. Market Risk: The Scheme may also besubject to price volatility due to such factors as interest sensitivity, market perception or thecreditworthiness of the issuer and general market liquidity. Risk associated with securitised debtis similar to the listed factorsGeneral Risk Factors: All mutual funds and securities investments are subject to marketrisks, and there can be no assurance or guarantee that fund's objectives will be achieved.NAV may go up or down, depending on the factors and forces affecting the securitiesmarket. Main types are market risk, liquidity risk, credit risk and systemic risks. At times,liquidity of investments may be impaired. There is uncertainty of dividend distribution and riskof capital loss. Past performance of the Sponsor/Asset Management Company/Fund does notindicate the future performance. Investors in the schemes are not being offered any guaranteedor indicated returns. The names of the schemes do not in any manner indicate either qualityor future prospects and returns.General Disclaimer: This document is issued by Sundaram Asset Management, an investmentmanager registered with the Securities and Exchange Board of India in India and is producedfor information purposes only. It is not a prospectus or scheme information document offerdocument or an offer or solicitation to buy any securities or other investment or SchemeInformation Document, Information and opinion contained in this document are published for the assistance of therecipient only; they are not to be relied upon as authoritative or taken as a substitution forexercise of judgment by any recipient. They are subject to change without any notice and notintended to provide the sole basis of any evaluation of the instrument discussed or offer to buy.It is neither a solicitation to sell nor shall it form the basis of or be relied upon in connectionwith any contract or commitment whatsoever or be taken as investment advice.The information and opinions contained in this communication have been obtained fromsources that Sundaram Asset Management believes to be reliable; no representation or warranty,express or implied, is made that such information is accurate or complete and it should not berelied upon as such. Sundaram Asset Management neither guarantees its accuracy and/orcompleteness nor does it guarantee to update the information from time to time. This communication is for private circulation only and for the exclusive and confidential use ofthe intended recipient(s) only. Any other distribution, use or reproduction of thiscommunication in its entirety or any part thereof is unauthorized and strictly prohibited. Byaccepting this document you agree to be bound by the foregoing limitations. This communication is for general information only without regard to specific objectives,financial situations and needs of any particular person who may receive it and Sundaram AssetManagement is not soliciting any action based on this document. Sundaram Asset Management in the discharge of its functions, may use any of the datapresented in this document for its decision-making purpose and is not bound to disclose thesame. Copies of the Statement of Additional Information, Scheme Information Document andapplication form with Key Information Memorandum may be obtained from the offices ofSundaram Mutual offices and its authorized distributors or downloaded fromwww.sundarammutual.com. For scheme specific risk factors, asset allocation, load structure,fund facts and taxation aspects please refer the Statement of Additional Information andScheme Information Document available online and at branches/Investor Service Centres,Statutory: Mutual Fund: Sundaram Mutual Fund is a trust under Indian Trusts Act, 1882Sponsor (Liability is to ` 1 lakh): Sundaram Finance Investment Manager: Sundaram AssetManagement Company. Trustee: Sundaram Trustee Company.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Past performance is no guaranteeof future result. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. There can be no assurance or guarantee thatfund's objectives will be achieved. NAV may go up or down, depending on the factors and forces affecting the securities market. The names of the schemes do not inany manner indicate either quality or future prospects and returns.


Disclosures

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.For Product Labels, please refer Page 2.


Track Record Liquid/Fixed-Income Funds

Past performance may or may not be sustained in the future; NAV and performance as on March 31, 2015. NAV of Regular Plan - Growth option is consideredfor computing the annualised returns. Returns are in percentage (%). Returns for more than one year are computed on compounded annualised basis and less than oneyear are computed on simple annualised basis. Performance has not been disclosed for closed-ended schemes as they are non comparable with other fixed incomeschemes. Income schemes (except Sundaram Select Debt Short Term Asset Plan and Sundaram Flexible Fund Short Term Plan) and liquid schemes have beencompared with CRISIL 10 Year GILT Index and CRISIL 91 Days T-Bill Index respectively. Sundaram Select Debt Short Term Asset Plan and Sundaram FlexibleFund Short Term Plan are compared with CRISIL1 year T-Bill Index. Returns for the standard benchmark are sourced from www.amfiindia.com

Sundaram MIP - Moderate Plan 9.59 6.76 7.72 8.02 5.61 5.75 6.23 19,686

CRISIL MIP Blended Index 16.45 6.52 9.06 10.60 8.61 8.56 7.80 23,197

CRISIL 10 Year GILT Index 14.57 -0.96 11.25 8.08 6.23 6.76 5.03 17,331

Sundaram MIP - Aggressive Plan 22.49 5.05 7.73 11.50 8.28 8.24 14,936

CRISIL MIP Blended Index 16.45 6.52 9.06 10.60 8.61 8.71 15,265

CRISIL 10 Year GILT Index 14.57 -0.96 11.25 8.08 6.23 6.47 13,738

Sundaram MIP - Conservative Plan 11.31 0.48 7.80 6.43 5.65 5.65 13,209

CRISIL MIP Blended Index 16.45 6.52 9.06 10.60 8.61 8.71 15,265

CRISIL 10 Year GILT Index 14.57 -0.96 11.25 8.08 6.23 6.47 13,738

Sundaram Bond Saver 13.66 3.65 11.13 9.40 8.06 7.28 8.35 39,992

CRISIL Composite Bond Fund Index 14.59 4.39 9.24 9.33 8.13 7.70 - -

CRISIL 10 Year GILT Index 14.57 -0.96 11.25 8.08 6.23 6.76 - -

Sundaram GILT Fund 12.63 17.75 13.97 14.76 9.69 7.28 6.38 23,667

I-Sec MIBEX 14.37 5.10 10.99 10.08 8.68 8.54 - -

CRISIL 10 Year GILT Index 14.57 -0.96 11.25 8.08 6.23 6.76 - -

Sundaram Income Plus 11.13 9.28 8.13 9.50 7.21 6.03 5.85 20,560

CRISIL Composite Bond Fund Index 14.59 4.39 9.24 9.33 8.13 7.70 6.67 22,672


Sundaram Select Debt - Short Term Asset Plan 10.22 9.34 11.08 10.21 9.73 7.96 7.27 24,186

CRISIL Liquid Fund Index 8.98 9.54 8.17 8.90 8.26 7.65 6.67 22,522

CRISIL 1 Year T-Bill Index 8.74 5.84 8.33 7.63 6.65 6.29 5.73 20,151

Sundaram Flexible Fund -Flexible Income Plan 16.08 0.30 8.91 8.24 7.18 7.01 6.70 19,443

CRISIL Composite Bond Fund Index 14.59 4.39 9.24 9.33 8.13 7.70 6.83 19,684


Sundaram Flexible Fund - Short Term Plan 9.16 8.81 9.85 9.27 8.59 8.48 8.01 22,032

CRISIL Short-Term Bond Fund Index 10.32 8.86 9.05 9.41 8.31 8.25 7.49 20,981

CRISIL 1 Year T-Bill Index 8.74 5.84 8.33 7.63 6.65 6.29 5.97 14,182

Fund / Benchmark 31/03/1431/03/15 (%)

31/03/1331/03/14 (%)

31/03/1231/03/13 (%)

Last 3 years (%)

Last 5 years (%)

Last 8 years (%)

Since InceptionReturns (%) ` 10,000

Money Fund 8.98 9.37 9.35 10.12 9.27 8.90 7.93 20,344


CRISIL 91-days T-Bill Index 8.84 8.66 8.46 12.87 10.21 9.09 6.23 17,549

Ultra Short Term Fund 8.95 9.98 9.80 16.01 11.39 10.34 8.52 19,144


CRISIL 91-days T-Bill Index 8.84 8.66 8.46 12.87 10.21 9.09 6.39 16,350

Fund / Benchmark 31/03/1431/03/15 (%)

31/03/1331/03/14 (%)

31/03/1231/03/13 (%)

Last 7 days

Last 15 days

Last 1 month

Since InceptionReturns (%) ` 10,000

S KrishnakumarCIO-Equity

Funds Managed: Sundaram S.M.I.L.E Fund, Sundaram Select Mid Cap, Sundaram Select SmallCap Series, Sundaram Value Fund Series I, Sundaram Value Fund Series II* Sundaram Tax Saver*and Sundaram Select Micro Cap Series*.

Fund Managers

Dwijendra Srivatsava, CFACIO-Fixed Income

Funds Managed*: Sundaram Money Fund, Sundaram Ultra Short-Term Fund, Sundaram FlexibleFund Short-Term Plan, Sundaram Flexible Fund Flexible Income Plan, Sundaram Gilt Fund,Sundaram Bond Saver, Sundaram Select Debt Short-Term Asset Plan, Sundaram CapitalProtection Oriented Funds, Sundaram Monthly Income Plan, Sundaram Fixed Term Plans andSundaram Fixed Income Interval Funds.

Madanagopal RamuAssistant Fund Manager-Equity

Funds Managed: Sundaram Tax Saver*

Shiv Chanani, CFAFund Manager-Equity

Funds Managed: Sundaram Balanced Fund, Sundaram Equity Multiplier, Sundaram Equity Plus,Sundaram Financial Services Opportunities Fund, Sundaram Growth Fund, Sundaram SelectFocus, Sundaram Entertainment Opportunities Fund* & Sundaram Select Thematic Funds - PSUOpportunities*

Siddharth ChaudharyFund Manager-Fixed Income

Funds Managed*: Sundaram Money Fund, Sundaram Ultra Short-Term Fund, Sundaram FlexibleFund Short-Term Plan, Sundaram Capital Protection Oriented Funds, Sundaram Monthly IncomePlan, Sundaram Banking & PSU Debt Fund*, Sundaram Fixed Income Interval Funds andSundaram Hybrid Fund Series.

S BharathFund Manager-Equity

Funds Managed: Sundaram Global Advantage Fund, Sundaram Infrastructure Advantage Fund,Sundaram Top 100, Sundaram Value Fund-Series II* Sundaram Rural India Fund & SundaramWorld Brand Fund Series and he is the dedicated fund manager for investments in overseassecurities.

Sandeep AgarwalFund Manager-Fixed Income

Funds Managed: Sundaram Flexible Fund Flexible Income Plan*, Sundaram Gilt Fund*,Sundaram Bond Saver*, Sundaram Select Debt Short-Term Asset Plan*, Sundaram MonthlyIncome Plan*, Sundaram Banking & PSU Debt Fund*, Sundaram Fixed Term Plans* andSundaram Income Plus.

*Jointly Managed Funds


Avinash AgarwalAssistant Fund Manager-Equity

Funds Managed: Sundaram Entertainment Opportunities Fund*, Sundaram Select Thematic Funds- PSU Opportunities* & Sundaram Select Micro Cap Series*.

Design and layout by Spark Creations - 45510041

Past performance may or may not be sustained in future. Return/investment value are as of March 31, 2015Effective compounded annual return of a constant amount SIP every month in percentage are computedusing NAV of Regular Plan-Growth Option. Investment and value for the fund and benchmark are in rupees.

Investment Fund Benchmark CNX NiftyPeriod

Systematic Investment Plan: Performance of ` 1000-a-month SIP

Sundaram Select Focus


Sundaram Tax Saver

Since Inception 1,52,000 10,39,822 4,50,409 4,30,619 Last 10 years 1,20,000 3,81,421 2,21,799 2,29,739 Last 7 years 84,000 2,13,472 1,46,103 1,37,524 Last 5 years 60,000 1,20,598 91,682 86,359 Last 3 years 36,000 65,943 54,287 48,670 Last 2 years 24,000 40,045 34,553 30,094 Last 1 year 12,000 15,051 13,716 12,985


Since Inception 1,52,000 4,82,466 4,30,619 4,30,619 Last 10 years 1,20,000 2,24,622 2,29,739 2,29,739 Last 7 years 84,000 1,30,543 1,37,524 1,37,524 Last 5 years 60,000 84,470 86,359 86,359 Last 3 years 36,000 48,851 48,670 48,670 Last 2 years 24,000 30,454 30,094 30,094 Last 1 year 12,000 12,961 12,985 12,985


Since Inception 1,84,000 11,63,979 7,17,483 6,54,633 Last 10 years 1,20,000 2,66,479 2,32,828 2,29,722 Last 7 years 84,000 1,51,998 1,41,182 1,37,507 Last 5 years 60,000 95,160 88,085 86,343 Last 3 years 36,000 53,433 50,137 48,653 Last 2 years 24,000 33,300 31,103 30,078 Last 1 year 12,000 13,903 13,247 12,985


Since Inception 1,21,000 3,74,793 1,99,549 2,33,812 Last 10 years 1,20,000 3,67,842 1,96,618 2,29,739 Last 7 years 84,000 2,13,722 1,34,835 1,37,524 Last 5 years 60,000 1,29,381 87,030 86,359 Last 3 years 36,000 74,126 54,704 48,670 Last 2 years 24,000 46,172 35,379 30,094 Last 1 year 12,000 16,106 13,200 12,985


Sundaram Select Mid Cap



An open-end equity scheme



An open-end ELSS scheme

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. For Product Labels, please referPage 2. Disclosures: Page 33. SIP performance of each open-end equity fund is also available in the respective fund pages.

sundaram mutual fund consolidated factsheet march 2015

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