Sundaram Equity Multiplier Fund - Invest Online

 

Sundaram Equity Multiplier launched in February 2007 comes with a track record of eight years. The objective of the fund is to create long term wealth by investing in a portfolio of multi-cap diversified stocks.

Top 10 Holdings account for more than 33% weightage as on July 31, 2015; and are as follows:

HDFC Bank - 5.2%	ICICI Bank - 3.1%
Infosys - 5.1%	TCS - 2.9%
Reliance Industries - 4.0%	ICRA - 2.2%
State Bank of India - 3.5%	GIC Housing Finance - 2.2%
Larsen & Toubro - 3.2%	TATA Communications - 2.1%

The illustration below shows the performance of Sundaram Equity Multiplier vis-á-vis it's Benchmark (CNX 500 Index) and S&P CNX Nifty since inception (February 2007).

A Fund Performance - Key Highlights

• In last three years, Sundaram Equity Multiplier has outperformed by 3.1%. The fund has delivered an annualised return of 21.4%, its benchmark (CNX 500 Index) delivered 18.3%.
• An Investment of ₹ 10,000 at launch is now ₹ 22,753.
• An SIP of ₹ 1,000 a month since 2010 is worth ₹ 92,349 giving a 17.30% compounded annualised return over the period while its benchmark delivered 14.44%.
• Declared Cumulative Dividend of 50% (₹ 5 per unit in total) since inception on the face value of ₹ 10 per unit.

Why Sundaram Equity Multiplier - Economic Outlook

• Consumer inflation has stayed muted due to strong RBI stance on Inflation.
• A well-managed rupee by the RBI has meant that the volatility was contained and has depreciated the least among the rest of the EM currencies with respect to USD.
• Since the latest growth numbers was less then expectation, we expect another 25 bps of rate cut by RBI to spur growth.
• Low commodity prices along with low oil price to help contain CAD.
• Corporate growth to enter a growth phase aided by domestic recovery.
• Above reasons to augur well for the economy to lead it into a growth trajectory.

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