Notice cum Addendum to Scheme Information Document(s), Key
Information Memorandum(s) and Statement of Additional Information to
the schemes of Sundaram Mutual
A. Notice is hereby given that, Trustees of Sundaram Mutual Fund has approved the following amendments, forming part of the
investment strategy, to the Scheme Information Documents / Key Information Memorandum of equity schemes of Sundaram
Mutual and Statement of Additional Information as applicable:
1. All the Equity Schemes where applicable: (a) The statements “In normal circumstances, the Fund will stay invested 95%
of investible resources in equities, equity-related instruments and / or derivatives” and “In normal circumstances around
95% of the investible resources of the scheme will stay invested in equities, equity related instruments and / or
derivatives.” shall be substituted by “In normal circumstances, the Fund will stay invested upto 100% of investible
resources in equities, equity-related instruments and / or derivatives”
(b) The statement “The Investment Manager shall endeavour to maintain an invested status of about 85%-90% with the
residual cash used to take advantage of tactical opportunities” shall be substituted by “The Investment Manager shall
endeavour to maintain an invested status of about upto 100% with the residual cash, if any, used to take advantage
of tactical opportunities.”
2. Sundaram Growth Fund: The statement “The fund may, also, in line with the profile of benchmark have an allocation of
about 20%-25% to the mid-cap space. The fund shall, under normal circumstances, not invest more than 5 per cent in
a single stock.” shall be omitted
3. Sundaram Equity Multiplier: The statements “The fund shall own no more than 40 stocks” and “owning a compact
portfolio of 40 stocks” shall be omitted
4. Sundaram Select Focus: The statement “The fund may have an allocation of up to 10 per cent to mid-cap stocks” shall
be omitted
5. Sundaram Equity Plus: The statement “As far as equity part of the portfolio is concerned, the strategy will focus on largecap stocks – defined as stocks with a market captitalisation (stock price multiplied by outstanding number of shares) not
below the 50th stock by value on the National Stock Exchange and aim to create a diversified portfolio with a maximum
of 30 stocks” shall be substituted by “As far as equity part of the portfolio is concerned, the strategy will focus on largecap stocks – defined as stocks with a market captitalisation (stock price multiplied by outstanding number of shares) not
below the 50th stock by value on the National Stock Exchange and aim to create a diversified portfolio”
6. Sundaram PSU opportunities, Sundaram Financial Services Opportunities Fund and Sundaram Entertainment
Opportunities Fund: The statements “The Scheme is, under normal circumstances, likely to have a portfolio with
pronounced large-cap tilt” and “The Scheme is, under normal circumstances, likely to have a portfolio that is mid- and
small-cap in nature, as almost all stocks are in this category. A few may grow to become large-cap companies over the
next five to ten-years” shall be substituted by “The Scheme shall have a portfolio that is spread across different cap curves
or concentrated on a particular cap curve or have a combination of stocks under different cap curves depending upon
the fund manager’s view”
7. Sundaram PSU Opportunities: The statement “Investment in Equity and equity related instruments other than the targeted
sector/theme will be in Indian Securities and Large-cap stocks from CNX Nifty Index” shall be substituted by “Investment
in equity and equity related instruments other than the targeted sector/theme will be in Indian Securities across different
cap-curves forming part of CNX 500 Index”.
B. Change in Directorships
Mr. M.S. Sundara Rajan (Independent Non – Executive Director in Sundaram Trustee Company Limited) has joined the Board
of Borg Energy India Private Limited and Happy Insurance TPA Services Private Limited as a Director.
C. Change in Key Personnel
1. Mr. Sudarshan Padmanabhan has been appointed as Research Analyst and is designated as a Key Personnel.
2. Mr. Sachin Jain has been appointed as Trader – Fixed Income and is designated as a Key Personnel.
All other terms and conditions of the Scheme Information Document(s)/Key Information Memorandum(s)/Statement of Additional
Information will remain unchanged.
This addendum shall form an integral part of the Scheme Information Document(s)/Key Information Memorandum(s)/Statement
of Additional Information of the Scheme(s) of Sundaram Mutual Fund as amended from time to time.
Investors are requested to contact any of the Investor Service Centres (ISCs) of Sundaram Mutual Fund for further details.
For Sundaram Asset Management Company Limited
Date: June 29, 2013
Place: Chennai
P. Sundararajan
Secretary and Compliance Officer
For more information please contact:
Sundaram Asset Management Company Ltd
(Investment Manager to Sundaram Mutual Fund)
2nd Floor, Sundaram Towers, 46, Whites Road, Royapettah, Chennai –14. Toll Free 1800 103 7237 (India) 044 49057300 (NRI)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
To release on Friday 08/06/2012
Size: 25 x 4col