Sundaram S.M.I.L.E. Fund - An open end equity scheme Investing is a marathon. Run it with a SMILE S.M.I.L.E. denotes S mall and M edium Indian L eading E quities For Private & Internal circulation only Refer Disclaimer on slide 28 & 29 November 2010 www.sundarammutual.com Sundaram Asset Management
Sundaram S.M.I.L.E Fund Disclosures Mutual Fund Investments are subject to market risks. Please read the Statement of Additional Information (SAI) and Scheme Information Document (SID) carefully before investing. Copy of the SAI, SID, key information memorandum and application form may also be obtained from the offices / investor service centres of Sundaram Asset Management, its distributors and at www.sundarammutual.com All mutual funds and securities investments are subject to market risks, 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 securities market. 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 risk of capital loss. Past performance of the Sponsor/Asset Management Company/Fund does not indicate the future performance. Investors in the schemes are not being offered any guaranteed or indicated returns. Sundaram S.M.I.L.E. Fund is only the name of the scheme and does not in any manner indicate either quality or future prospects and returns. S.M.I.L.E denotes S mall and M edium I ndian L eading E quities For detailed disclosures on risk factors and disclaimers refer slide 28 & 29 Sundaram Asset Management www.sundarammutual.com 2
Sundaram S.M.I.L.E Fund Product Positioning Positioning: Aggressively managed multi-cap fund. Approach: Generate capital appreciation by taking active sector, stock, trading and cash calls. Style: A dynamically managed fund playing the mid- and small-cap spaces with the cushion of large-cap stocks. Benchmark: S & P CNX Mid-Cap Cap-curve: Bias towards mid- and small-cap stocks (at least 65%); large-cap stocks: up to 35%. Definition: 51st stock by market cap onwards on the NSE qualify as Mid- & Small-cap stocks . This provides a high limit but in reality, the mid- and small-cap component of the portfolio will normally have a weighted average market cap and median market cap that is substantially lower as compared to the threshold. Sundaram Asset Management www.sundarammutual.com 3
Sundaram S.M.I.L.E Fund Reasons to own the fund Top quartile fund in the multi-cap category over two and five year periods. An aggressive approach towards mid-& small-cap stocks with a cushion of up to 35% in large cap. The Growth Option of the fund provided annualised returns of 24.2 per cent since launch; outpacing the CNX Mid-Cap Index by 3.4 percentage points on an annualised basis. A monthly SIP of Rs.1000 since launch – a total investment of Rs.69,000 – is now worth Rs 1,30,042. Past Performance may or may not be sustained in future Sundaram Asset Management www.sundarammutual.com 4
Sundaram S.M.I.L.E Fund Reasons to own the fund A beta of 1.0 as compared to benchmark indicates excess returns attributable to the quality of sector and stock selection. (Beta indicates the extent to which trends in the NAV are influenced by movement in the benchmark) Dividend paid-out of Rs.15 since launch in Feb 2005. A fund manager with more than 14 years of experience in mid- and small-cap stocks. Track record of a fund house with acclaimed record for several years in a row. Suitability: Investments are suitable for investors with a three-to five-year horizon. All dividends are on the face value of Rs.10 per unit. After declaration of dividend the NAV will decline to the extent of the payout Past Performance may or may not be sustained in future Sundaram Asset Management www.sundarammutual.com 5
Sundaram S.M.I.L.E Fund Top Quartile presence All equity schemes Peer multi-cap schemes Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 One Year One Year Two Years Two Years Three Years Three Years Five Years Five Years If there are 100 funds: Q 1:ranks 1-25, Q 2: ranks 26-50, Q3: ranks 51-75 and Q4: ranks 76-100 Source: Performance data Value Research November 30, 2010; Quartile Analysis: In house Past Performance may or may not be sustained in future Sundaram Asset Management www.sundarammutual.com 6
Sundaram S.M.I.L.E Fund Well ahead of peer group & indices One Two Three Five Fund / Indices Years Years Year Years S.M.I.L.E Fund 15.0 65.0 4.9 21.0 Average Outpacing average of Mid-cap Multi Cap Funds 23.0 55.5 1.7 16.3 funds; large-cap funds & all All Equity Funds 19.9 49.5 1.8 16.8 equity funds and broad market Large-Cap Funds 19.2 50.4 3.2 19.8 on a long-term basis. Mid-Cap Funds 27.4 65.0 1.2 15.4 Good track record across CNX Midcap 24.6 64.1 3.7 18.4 bullish and bearish phases BSE Mid Cap 21.0 64.0 -3.2 13.2 BSE Sensex 15.3 46.5 0.3 17.3 S&P CNX Nifty 16.5 45.9 0.6 17.2 S&P CNX 500 15.3 51.1 -0.6 15.7 Data Source: Value Research; Analysis: In house. Returns in % on a annualised basis as on November 30, Past Performance may or may not be sustained in future 2010 Sundaram Asset Management www.sundarammutual.com 7
Sundaram S.M.I.L.E Fund Awards Best Small & Mid Cap Fund of 2009 CNBC TV18 – CRISIL Awards December 2009 December 2009 on three years performance on a 1-year performance ending ending December 2009 December 2009 Refer Disclaimer on slide: 28 & 29 Past Performance may or may not be sustained in future Sundaram Asset Management www.sundarammutual.com 8
Sundaram S.M.I.L.E Fund Consistently ahead of benchmark S.M.I.L.E Fund: Rs 351 Value of Rs 100 invested at launch S & P CNX Mid-Cap: Rs 299 S&P CNX 500: Rs 263 Nov-10 Value as on November 30, 2010; Data Source: Bloomberg; Analysis: In House Past Performance may or may not be sustained in future Sundaram Asset Management www.sundarammutual.com 9
Sundaram S.M.I.L.E Fund Portfolio Snapshot www.sundarammutual.com Sundaram Asset Management
Sundaram S.M.I.L.E Fund Allocation to sectors Cash 1.2 Engineeri Others ng 15.2 26.5 Auto 12.1 Metals 5.9 Pharma 11.7 Auto Ancillaries Consumer Financial 7.6 Goods Services 11.1 8.7 Weight in % ; As of November 30, 2010 Source: Fact Sheet Source: Fact Sheet Sundaram Asset Management www.sundarammutual.com 11
Sundaram S.M.I.L.E Fund Dynamic allocation-a snapshot Cash / 100% Fixed Income 80% Small Cap 60% 40% Mid Cap 20% Large Cap 0% Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- 06 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 Large-Cap: Top 50 stocks Mid-Cap: Next 50 stocks Small-Cap: The Rest Allocation based on market-cap in relation to stocks in CNX 500 Weight in % ; As of November 30, 2010 ; Analysis: In House Sundaram Asset Management www.sundarammutual.com 12
Sundaram S.M.I.L.E Fund Preferred sectors, stock bets Main Active Positions - Sectors Overweight Fund Benchmark Active Auto 12.1 1.3 10.8 Industrial Manufacturing 15.2 9.0 6.2 Metals 5.9 0.8 5.1 Underweight Fund Benchmark Active Main Active Positions - Stocks Financial Services 8.7 21.1 -12.4 Overweight Underweight TVS Motor Crompton Greaves Consumer Goods 11.1 15.3 -4.3 Elgi Equipment Asian Paints Energy – Utilities 1.2 5.4 -4.2 Orchid Chemicals Ultratech Cement Position status is relative to benchmark Polaris Software Shriram Transport Kingfisher Airlines Cummins India Position status is relative to benchmark Weight in %; As of November 30, 2010. Data Source: Fact Sheet Sundaram Asset Management www.sundarammutual.com 13
Sundaram S.M.I.L.E Fund Top 10 stocks Company Weight TVS Motors 5.3 Lupin 3.9 Elgi Equipment 3.5 Company Weight Orchid Chemicals 3.4 Equity 98.8 Polaris Software 3.2 Fixed Income - Kingfisher Airlines 3.2 Cash/Cash Equivalents 1.2 Ashok Leyland 3.1 Fund Size (Rs Crore) 749 Bosch Limited 2.6 Number of Stocks 66 Deccan Chronicle 2.6 Mahindra & Mahindra 2.5 Weight in %; As of November 30, 2010. Data Source: Fact Sheet Sundaram Asset Management www.sundarammutual.com 14
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