COMBINED SCHEME INFORMATION DOCUMENT [OPEN ENDED DEBT-ORIENTED AND INTERVAL FUNDS]

Transcription

1 COMBINED SCHEME INFORMATION DOCUMENT [OPEN ENDED DEBT-ORIENTED AND INTERVAL FUNDS] TERMS OF OFFER: FOR DEBT-ORIENTED SCHEMES: CONTINUOUS OFFER OF UNITS AT NAV BASED PRICES FOR INTERVAL FUNDS: OFFER OF UNITS AT NAV BASED PRICES DURING SPECIFIED TRANSACTION PERIOD MUTUAL FUND SUNDARAM MUTUAL FUND Trustee Company Sundaram Trustee Company Limited Corporate Office: Sundaram Towers, II Floor, 46 Whites Road, Chennai India Phone : Fax : Asset Management Company Sundaram Asset Management Company Limited Corporate Office: Sundaram Towers, II Floor, 46 Whites Road, Chennai India Phone : Fax : Sponsor Sundaram Finance Limited Registered Office: 21, Patullos Road, Chennai India If you wish to reach indicated telephone number from outside India, please use +91 or 0091 followed by 44 and the eight number. The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996 as amended till date and filed with Securities and Exchange Board of India along with a Due Diligence Certificate from Sundaram Asset Management Limited. The units being offered for public subscription have not been approved or recommended by SEBI; SEBI has also not certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document sets forth concisely the information about the Scheme that a prospective investor ought to know before investing. Before investing investors should also ascertain about any further changes to this document after the date of this Document from the Mutual Fund/Investor Service Centres/Distributors/Brokers or visit Investors are advised to refer to the Statement of Additional Information (SAI) for details of, tax and legal issues and general information. The Statement of Additional Information is available at and Statement of Additional Information is incorporated by reference and is legally a part of the Scheme Information Document. For a free copy of the current Statement of Additional Information, please contact your nearest Investor Service Centre or visit The Scheme Information Document should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated 01/07/2015. Product Labeling Toll Free: (India) customerservices@sundarammutual.com (NRI) SMS SFUND to (NRI): nriservices@sundarammutual.com

2 Highlights & Scheme Summary Scheme Name Scheme Type This product is suitable for investors who are seeking* Riskometer NFO Opened On NFO Closed On Scheme re-opened on^ Sundaram Bond Saver An open-end Income scheme Income over medium to long term, regular income by investing primarily in fixed income securities Sundaram Gilt Fund An open-end Gilt Fund Long term income, regular income through dedicated investments in gilts consistent with preservation of capital Sundaram Income Plus An open-end Income scheme Sundaram Monthly Income Plan (Moderate / Conservative) An open-end Income scheme Sundaram Flexible Fund Flexible Income Plan An open-end Income scheme Income over medium to long term, high yields by investing in fixed income securities Income over medium to long term, regular income through investment in fixed income securities and long term capital appreciation by investing a portion of the assets in equity and equity related instruments income over short to medium term, reasonable returns from a portfolio comprising substantially of fixed income and money market instruments by keeping the interest rate risk of the fund low Low LOW Moderately Low Moderate Moderately High HIGH Investors understand that their principal will be at Moderate Risk High Moderate plan Conservative Plan Sundaram Banking & PSU Debt Fund An open ended Income scheme Income over a short to medium term investment horizon, Investment in money market and debt securities issued by banks and public sectorentities/undertakings Scheme Name Scheme Type This product is suitable for investors who are seeking* Riskometer NFO Opened On NFO Closed On Scheme re-opened on^ Sundaram Monthly Income Plan (Aggressive) An open-end Income scheme Income over medium to long term, regular income through investment in fixed income securities and long term capital appreciation by investing a portion of the assets in equity and equity related instruments Low LOW Moderately Low Moderate Moderately High HIGH Investors understand that their principal will be at Moderately High Risk High Aggressive Plan * Investors should consult their financial advisers if in doubt about whether the product is suitable for them ^ Re-opened for on-going subscription & Redemption 2

3 Part I Scheme Name Scheme Type This product is suitable for investors who are seeking* Riskometer NFO Opened On NFO Closed On Scheme re-opened on^ Sundaram Select Debt Short-Term Asset Plan An open-end Income scheme Sundaram Flexible Fund Short-Term Plan An open-end Income scheme Sundaram Ultra Short Term Fund An open-end Income scheme Income over short to medium term, to earn regular income by investing primarily in fixed income securities Short term income reasonable returns from a portfolio comprising substantially of fixed income and money market instruments by keeping the interest rate risk of the fund low Short term income liquidity through investments made primarily in money market and debt securities Low LOW Moderately Low Moderate Moderately High HIGH Investors understand that their principal will be at Moderately Low Risk High Scheme Name Scheme Type This product is suitable for investors who are seeking* Riskometer NFO Opened On NFO Closed On Scheme re-opened on^ Sundaram Money Fund An open-end liquid scheme Short term income preservation of capital, liquidity and lower level of risk through investments made primarily in money market and debt securities Sundaram Fixed Income Interval Fund - Quaterly Series - Plan (A / B / C / D / E) An Interval Income scheme Short term income investments in Fixed Income & Money Market Securities Low LOW Moderately Low Moderate Moderately High HIGH Investors understand that their principal will be at Low Risk High Plan A Not Applicable Plan B Not Applicable Plan C Not Applicable Plan D Not Applicable Plan E Not Applicable * Investors should consult their financial advisers if in doubt about whether the product is suitable for them ^ Re-opened for on-going subscription & Redemption 3

4 Highlights & Scheme Summary Sponsor The Sponsor of is Sundaram Finance Limited. Sundaram Finance owns a 100% stake in Sundaram Asset Management Company Limited and Sundaram Trustee Company Limited. A detailed background of the sponsor- Sundaram Finance Limited-is available in the Statement of Additional Information, which can be accessed at Name of the Scheme 1. Sundaram Bond Saver 2. Sundaram Money Fund SOB No.9 Investment objective (Fundamental Attribute) Liquidity (Fundamental Attribute) Transaction Facility through Stock Exchange Benchmark To earn regular income by investing primarily in fixed income securities, which may be paid as dividend or reinvested at the option of the investor. A secondary objective is to attempt to keep the value of its units reasonably stable. To provide a level of income consistent with the preservation of capital, liquidity and lower level of risk, through investments made primarily in money market and debt securities. The aim is to optimize returns while providing liquidity. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company. Purchase / Switch In: On any business day, at NAV. Redemption / Switch Out: On any business day at NAV, subject to exit load, if any. The redemption proceeds shall be dispatched to the unit holders within 10 business days from the date of redemption. A Unitholder may subscribe (One time & Systematic investments) and redeem units of the eligible Plan(s) and Option(s) under the Scheme through the Stock Exchange(s) infrastructure of NSE MFSS and BSE Star platform. Please refer the segment on International Security Identification Number (ISIN) for the eligible Plan(s) and Option(s) available for transactions. CRISIL Composite Bond Fund Index For more details, please refer the segment on Benchmark. CRISIL Liquid Fund Index For more details, please refer the segment on Benchmark. SOB No.17A Transparency/NAV Disclosure NAV will be determined on every working day, except in special circumstances as mentioned under the section titled as "Net Asset Value, in Part III" of Scheme Information Document. The Investment Manager shall also have the NAV published in two newspapers having circulation all over India. It will also be updated on the Investment Manager s website ( on every working day. The Investment Manager shall also update the NAVs on the website of Association of Mutual Funds in India AMFI before 9.00 P M every working day. In case of any delay, the reasons for such delay would be explained to AMFI by the next day. If the NAVs are not available before commencement of working hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAV. The Investment Manager shall disclose the portfolio of the schemes in the format prescribed by SEBI on a monthly basis on its website, within ten days from the close of the previous month in line with SEBI Circular CIR/IMD/DF/21/2012 dated September 13, SOB No.16 Load Structure Entry Load: Nil. Exit Load: For redemption within 12 months from the date of allotment - 1%. For redemption after 12 months from the date of allotment - Nil. Load structure is indicated as a percentage of NAV. Entry Load: Nil. Exit Load: Nil. 4

5 Highlights & Scheme Summary Name of the Scheme Sundaram Bond Saver Sundaram Money Fund Load Structure In accordance with SEBI Regulation, there will be no entry load for investments in the Scheme. This shall apply to new investment in the Scheme, additional purchase, switch-in, systematic investment plan, systematic transfer plan, dividend re-invested, dividend sweep-in, bonus units and any other form of investment that may be introduced as a facility. The upfront commission to distributor (ARN holder) will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. The distributor (ARN holder) will disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing Scheme of various mutual funds from amongst which the Scheme is being recommended to the investor. In accordance with SEBI Regulation, of the exit load / contingent deferred sales charge that is charged to the investor, if any, a maximum of 1% of the redemption proceeds shall be maintained in a separate account to pay commissions to the distributor and for meeting other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load / contingent deferred sales charge shall be credited to the respective Scheme immediately. Pursuant to SEBI Circular CIR/IMD/DF/21/2012 dated September 13, 2012 read with notification No. LAD-NRO/GN/ /17/21502 dated September 26, 2012 service tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of service tax, if any, shall be credited to the scheme with effect from October 01, Investors are requested to note that exit load is inclusive of Service Tax at applicable rates as prescribed by Ministry of Finance from time to time. Applicability (a) (b) (c) (d) (e) (f) Bonus units and units issued on reinvestment of dividend shall not be subject to exit load. Prescribed exit load will be applicable for switch out and every instalment under a Systematic Transfer Plan and Systematic Withdrawal Plan. The period indicated for exit load shall be reckoned from the date of allotment. Switch of existing investments from Regular Plan to Direct Plan where the transaction has been received without broker code in the Regular Plan shall not be subject to exit load. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan and not from the date of switch into Direct Plan. (effective from April 01, 2013) In case of switch of investments from Regular Plan to Direct Plan received with broker code in the Regular Plan, the exit load as applicable to redemption of units under the respective scheme(s) shall apply. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) In case of switch of investments from Direct Plan to Regular Plan, no exit load shall be levied. However, any subsequent switch-out or redemption of such investment shall be subject to exit load based on the original date of investment in the Direct Plan and not from the date of switch into Regular Plan. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made with Distributor code) to Direct Plan can switch their investments (subject to applicable Exit Load, if any) to Direct Plan. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made without Distributor code) to Direct Plan can switch their investments, without Exit Load, to Direct Plan. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan / Discontinued Plans and not from the date of switch into Direct Plan. (effective from April 01, 2013) Switches shall be subject to completion of lock-in period, if any, under the respective scheme. The Board of Trustee reserves the right to prescribe or modify the exit load structure with prospective effect, subject to SEBI Regulation. Details of the modifications will be communicated in the following manner: 5

6 Highlights & Scheme Summary Name of the Scheme Sundaram Bond Saver Sundaram Money Fund Load Structure Addendum detailing the changes will be attached or incorporated to the SID and Key Information Memorandum. The addendum will become an integral part of this Scheme information document. The change in exit load structure will be notified by a suitable display at the Corporate Office of the Sundaram Asset Management and at the Investor Service Centres of the registrar. A public notice shall be given in one English daily newspaper having nation-wide circulation as well as in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated. The introduction/modification of exit load will be stamped on the acknowledgement slip issued to the investors on submission of an application form and will also be disclosed in the account statement issued after the introduction of such exit load. Investors are requested to ascertain the applicable exit load structure prior to investing. Minimum Investment Amount Regular & Direct Plan: For first investment - Rs 5,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs. 500 & multiples of Rs 1 thereafter. SIP (Weekly-every Wednesday) Rs 1000 SIP (Monthly): Rs 250 SIP (Quarterly): Rs 750. The thresholds shall also apply for SIP through a Systematic Transfer Plan. The weekly SIP & STP requests shall be processed on Wednesday of every week. If Wednesday is not a business day, the SIP/STP installment will be processed on the next business day. Pursuant to SEBI circular CIR/IMD/DF/21/2012 dated September 13, 2012, the instalments of SIPs registered under the discontinued Plan(s)/Option(s) shall be processed in the corresponding option under Single Plan of the Scheme, i.e. Regular Plan (erstwhile Retail Plan) with effect from November 01, Instalments of SIPs registered with the broker code under Regular Plan and discontinued plan(s) on or before December 31, 2012 shall continue to be processed under Regular Plan. Instalments of SIPs registered without the broker code under Regular Plan and discontinued plan(s) on or before December 31, 2012 shall be processed in the corresponding option under Direct Plan from January 01, Investors who had registered for SIP facility with distributor code on or before December 31, 2012 and wish to continue to the SIP instalments under the Direct Plan shall make a written request to in this behalf. The fund will take at least 21 working days to process such requests. Intervening instalments shall continue to be processed under the Regular Plan. Regular & Direct Plan: For first investment - Rs 1,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs. 500 & multiples of Rs 1 thereafter. 6

7 Highlights & Scheme Summary Name of the Scheme 3. Sundaram Gilt Fund 4. Sundaram Income Plus SOB No.9 Investment objective (Fundamental Attribute) Liquidity (Fundamental Attribute) Transaction Facility through Stock Exchange Benchmark To generate regular income through dedicated investments in gilts consistent with preservation of capital. To obtain high yields by investing in fixed income securities. Capital appreciation is secondary objective when consistent with its primary objective. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company. Purchase / Switch In: On any business day, at NAV. Redemption / Switch Out: On any business day at NAV, subject to exit load, if any. The redemption proceeds shall be dispatched to the unit holders within 10 business days from the date of redemption. A Unitholder may subscribe (One time & Systematic investments) and redeem units of the eligible Plan(s) and Option(s) under the Scheme through the Stock Exchange(s) infrastructure of NSE MFSS and BSE Star platform. Please refer the segment on International Security Identification Number (ISIN) for the eligible Plan(s) and Option(s) available for transactions. I-Sec MIBEX For more details, please refer the segment on Benchmark. CRISIL Composite Bond Fund Index For more details, please refer the segment on Benchmark. SOB No.17A Transparency/NAV Disclosure NAV will be determined on every working day, except in special circumstances as mentioned under the section titled as "Net Asset Value, in Part III" of Scheme Information Document. The Investment Manager shall also have the NAV published in two newspapers having circulation all over India. It will also be updated on the Investment Manager s website ( on every working day. The Investment Manager shall also update the NAVs on the website of Association of Mutual Funds in India AMFI before 9.00 P M every working day. In case of any delay, the reasons for such delay would be explained to AMFI by the next day. If the NAVs are not available before commencement of working hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAV. The Investment Manager shall disclose the portfolio of the schemes in the format prescribed by SEBI on a monthly basis on its website, within ten days from the close of the previous month in line with SEBI Circular CIR/IMD/DF/21/2012 dated September 13, Entry Load: Nil. Exit Load: Nil Entry Load: Nil. Exit Load: Nil SOB No.16 Load Structure In accordance with SEBI Regulation, there will be no entry load for investments in the Scheme. This shall apply to new investment in the Scheme, additional purchase, switch-in, systematic investment plan, systematic transfer plan, dividend re-invested, dividend sweep-in, bonus units and any other form of investment that may be introduced as a facility. The upfront commission to distributor (ARN holder) will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. The distributor (ARN holder) will disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing Scheme of various mutual funds from amongst which the Scheme is being recommended to the investor. In accordance with SEBI Regulation, of the exit load / contingent deferred sales charge that is charged to the investor, if any, a maximum of 1% of the redemption proceeds shall be maintained in a separate account to pay commissions to the distributor and for meeting other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged 7

8 Highlights & Scheme Summary Name of the Scheme Sundaram Gilt Fund Sundaram Income Plus Load Structure to the unit holder as exit load / contingent deferred sales charge shall be credited to the respective Scheme immediately. Pursuant to SEBI Circular CIR/IMD/DF/21/2012 dated September 13, 2012 read with notification No. LAD-NRO/GN/ /17/21502 dated September 26, 2012 service tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of service tax, if any, shall be credited to the scheme with effect from October 01, Investors are requested to note that exit load is inclusive of Service Tax at applicable rates as prescribed by Ministry of Finance from time to time. Applicability (a) (b) (c) (d) (e) (f) Bonus units and units issued on reinvestment of dividend shall not be subject to exit load. Prescribed exit load will be applicable for switch out and every instalment under a Systematic Transfer Plan and Systematic Withdrawal Plan. The period indicated for exit load shall be reckoned from the date of allotment. Switch of existing investments from Regular Plan to Direct Plan where the transaction has been received without broker code in the Regular Plan shall not be subject to exit load. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan and not from the date of switch into Direct Plan. (effective from April 01, 2013) In case of switch of investments from Regular Plan to Direct Plan received with broker code in the Regular Plan, the exit load as applicable to redemption of units under the respective scheme(s) shall apply. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) In case of switch of investments from Direct Plan to Regular Plan, no exit load shall be levied. However, any subsequent switch-out or redemption of such investment shall be subject to exit load based on the original date of investment in the Direct Plan and not from the date of switch into Regular Plan. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made with Distributor code) to Direct Plan can switch their investments (subject to applicable Exit Load, if any) to Direct Plan. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made without Distributor code) to Direct Plan can switch their investments, without Exit Load, to Direct Plan. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan / Discontinued Plans and not from the date of switch into Direct Plan. (effective from April 01, 2013) Switches shall be subject to completion of lock-in period, if any, under the respective scheme. The Board of Trustee reserves the right to prescribe or modify the exit load structure with prospective effect, subject to SEBI Regulation. Details of the modifications will be communicated in the following manner: Addendum detailing the changes will be attached or incorporated to the SID and Key Information Memorandum. The addendum will become an integral part of this Scheme information document. The change in exit load structure will be notified by a suitable display at the Corporate Office of the Sundaram Asset Management and at the Investor Service Centres of the registrar. A public notice shall be given in one English daily newspaper having nation-wide circulation as well as in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated. The introduction/modification of exit load will be stamped on the acknowledgement slip issued to the investors on submission of an application form and will also be disclosed in the account statement issued after the introduction of such exit load. Investors are requested to ascertain the applicable exit load structure prior to investing. 8

9 Highlights & Scheme Summary Name of the Scheme Sundaram Gilt Fund Sundaram Income Plus Minimum Investment Amount Regular & Direct Plan: For first investment - Rs 5,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs & multiples of Rs 1 thereafter. SIP (Weekly-every Wednesday) Rs 1000 SIP (Monthly): Rs 250 SIP (Quarterly): Rs 750. The thresholds shall also apply for SIP through a Systematic Transfer Plan. The weekly SIP & STP requests shall be processed on Wednesday of every week. If Wednesday is not a business day, the SIP/STP installment will be processed on the next business day. Pursuant to SEBI circular CIR/IMD/DF/21/2012 dated September 13, 2012, the instalments of SIPs registered under the discontinued Plan(s)/Option(s) shall be processed in the corresponding option under Single Plan of the Scheme, i.e. Regular Plan (erstwhile Retail Plan) with effect from November 01, Instalments of SIPs registered with the broker code under Regular Plan and discontinued plan(s) on or before December 31, 2012 shall continue to be processed under Regular Plan. Instalments of SIPs registered without the broker code under Regular Plan and discontinued plan(s) on or before December 31, 2012 shall be processed in the corresponding option under Direct Plan from January 01, Investors who had registered for SIP facility with distributor code on or before December 31, 2012 and wish to continue to the SIP instalments under the Direct Plan shall make a written request to in this behalf. The fund will take at least 21 working days to process such requests. Intervening instalments shall continue to be processed under the Regular Plan. Regular & Direct Plan: For first investment - Rs 5,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs. 500 & multiples of Rs 1 thereafter. SIP (Weekly-every Wednesday) Rs 1000 SIP (Monthly): Rs 250 SIP (Quarterly): Rs 750. The thresholds shall also apply for SIP through a Systematic Transfer Plan. The weekly SIP & STP requests shall be processed on Wednesday of every week. If Wednesday is not a business day, the SIP/STP installment will be processed on the next business day. Instalments of SIPs registered with the broker code under Regular Plan on or before December 31, 2012 shall continue to be processed under Regular Plan. Instalments of SIPs registered without the broker code under Regular Plan on or before December 31, 2012 shall be processed in the corresponding option under Direct Plan from January 01, Investors who had registered for SIP facility with distributor code on or before December 31, 2012 and wish to continue to the SIP instalments under the Direct Plan shall make a written request to in this behalf. The fund will take at least 21 working days to process such requests. Intervening instalments shall continue to be processed under the Regular Plan. 9

10 Name of the Scheme Highlights & Scheme Summary 5. Sundaram Selct Debt Short-Term Asset Plan 6. Sundaram Monthly Income Plan (Moderate / Conservative / Aggressive) SOB No.9 Investment objective (Fundamental Attribute) Liquidity (Fundamental Attribute) Transaction Facility through Stock Exchange Benchmark To earn regular income by investing primarily in fixed income securities, which may be paid as dividend or reinvested at the option of the investor. A secondary objective is to attempt to keep the value of its units reasonably stable. To generate regular income through investment in fixed income securities. The secondary objective is to generate long term capital appreciation by investing a portion of the schemes assets in equity and equity related instruments. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company. Purchase / Switch In: On any business day, at NAV. Redemption / Switch Out: On any business day at NAV, subject to exit load, if any. The redemption proceeds shall be dispatched to the unit holders within 10 business days from the date of redemption. A Unitholder may subscribe (One time & Systematic investments) and redeem units of the eligible Plan(s) and Option(s) under the Scheme through the Stock Exchange(s) infrastructure of NSE MFSS and BSE Star platform. Please refer the segment on International Security Identification Number (ISIN) for the eligible Plan(s) and Option(s) available for transactions. CRISIL Liquid Fund Index For more details, please refer the segment on Benchmark. CRISIL MIP Blended Index For more details, please refer the segment on Benchmark. SOB No.17A Transparency/NAV Disclosure NAV will be determined on every working day, except in special circumstances as mentioned under the section titled as "Net Asset Value, in Part III" of Scheme Information Document. The Investment Manager shall also have the NAV published in two newspapers having circulation all over India. It will also be updated on the Investment Manager s website ( on every working day. The Investment Manager shall also update the NAVs on the website of Association of Mutual Funds in India AMFI before 9.00 P M every working day. In case of any delay, the reasons for such delay would be explained to AMFI by the next day. If the NAVs are not available before commencement of working hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAV. The Investment Manager shall disclose the portfolio of the schemes in the format prescribed by SEBI on a monthly basis on its website, within ten days from the close of the previous month in line with SEBI Circular CIR/IMD/DF/21/2012 dated September 13, SOB No.16 Load Structure Entry Load: Nil. Exit Load: Nil Entry Load: Nil. Exit Load: Moderate Pan: 1% If redeemed within 9 months from the date of allotement. Nil - If redeemed after 9 months from the date of allotement. Conservative Plan: 2.5% - If redeemed / switched-out within 12 months from the date of allotment 2.0% - If redeemed / switched-out after 12 months but within 24 months from the date of allotment. 10

11 Name of the Scheme Highlights & Scheme Summary Sundaram Selct Debt Short-Term Asset Plan Sundaram Monthly Income Plan (Moderate / Conservative / Aggressive) Nil - If redeemed / switched-out after 24 months from the date of allotment. Aggressive Plan: Nil Load Structure In accordance with SEBI Regulation, there will be no entry load for investments in the Scheme. This shall apply to new investment in the Scheme, additional purchase, switch-in, systematic investment plan, systematic transfer plan, dividend re-invested, dividend sweep-in, bonus units and any other form of investment that may be introduced as a facility. The upfront commission to distributor (ARN holder) will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. The distributor (ARN holder) will disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing Scheme of various mutual funds from amongst which the Scheme is being recommended to the investor. In accordance with SEBI Regulation, of the exit load / contingent deferred sales charge that is charged to the investor, if any, a maximum of 1% of the redemption proceeds shall be maintained in a separate account to pay commissions to the distributor and for meeting other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load / contingent deferred sales charge shall be credited to the respective Scheme immediately. Pursuant to SEBI Circular CIR/IMD/DF/21/2012 dated September 13, 2012 read with notification No. LAD-NRO/GN/ /17/21502 dated September 26, 2012 service tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of service tax, if any, shall be credited to the scheme with effect from October 01, Investors are requested to note that exit load is inclusive of Service Tax at applicable rates as prescribed by Ministry of Finance from time to time. Applicability (a) (b) (c) (d) (e) (f) Bonus units and units issued on reinvestment of dividend shall not be subject to exit load. Prescribed exit load will be applicable for switch out and every instalment under a Systematic Transfer Plan and Systematic Withdrawal Plan. The period indicated for exit load shall be reckoned from the date of allotment. Switch of existing investments from Regular Plan to Direct Plan where the transaction has been received without broker code in the Regular Plan shall not be subject to exit load. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan and not from the date of switch into Direct Plan. (effective from April 01, 2013) In case of switch of investments from Regular Plan to Direct Plan received with broker code in the Regular Plan, the exit load as applicable to redemption of units under the respective scheme(s) shall apply. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) In case of switch of investments from Direct Plan to Regular Plan, no exit load shall be levied. However, any subsequent switch-out or redemption of such investment shall be subject to exit load based on the original date of investment in the Direct Plan and not from the date of switch into Regular Plan. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made with Distributor code) to Direct Plan can switch their investments (subject to applicable Exit Load, if any) to Direct Plan. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made without Distributor code) to Direct Plan can switch their investments, without Exit Load, to Direct Plan. However, any subsequent switch / redemption of such investment shall be subject 11

12 Name of the Scheme Highlights & Scheme Summary Sundaram Selct Debt Short-Term Asset Plan Sundaram Monthly Income Plan (Moderate / Conservative / Aggressive) Load Structure to exit load based on the original date of investment in the Regular Plan / Discontinued Plans and not from the date of switch into Direct Plan. (effective from April 01, 2013) Switches shall be subject to completion of lock-in period, if any, under the respective scheme. The Board of Trustee reserves the right to prescribe or modify the exit load structure with prospective effect, subject to SEBI Regulation. Details of the modifications will be communicated in the following manner: Addendum detailing the changes will be attached or incorporated to the SID and Key Information Memorandum. The addendum will become an integral part of this Scheme information document. The change in exit load structure will be notified by a suitable display at the Corporate Office of the Sundaram Asset Management and at the Investor Service Centres of the registrar. A public notice shall be given in one English daily newspaper having nation-wide circulation as well as in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated. The introduction/modification of exit load will be stamped on the acknowledgement slip issued to the investors on submission of an application form and will also be disclosed in the account statement issued after the introduction of such exit load. Investors are requested to ascertain the applicable exit load structure prior to investing. Minimum Investment Amount Regular & Direct Plan: For first investment - Rs 5,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs. 500 & multiples of Rs 1 thereafter. SIP (Weekly-every Wednesday) Rs 1000 SIP (Monthly): Rs 250 SIP (Quarterly): Rs 750. The thresholds shall also apply for SIP through a Systematic Transfer Plan. The weekly SIP & STP requests shall be processed on Wednesday of every week. If Wednesday is not a business day, the SIP/STP installment will be processed on the next business day. Instalments of SIPs registered with the broker code under Regular Plan on or before December 31, 2012 shall continue to be processed under Regular Plan. Instalments of SIPs registered without the broker code under Regular Plan on or before December 31, 2012 shall be processed in the corresponding option under Direct Plan from January 01, Investors who had registered for SIP facility with distributor code on or before December 31, 2012 and wish to continue to the SIP instalments under the Direct Plan shall make a written request to in this behalf. The fund will take at least 21 working days to process such requests. Intervening instalments shall continue to be processed under the Regular Plan. Regular & Direct Plan: For first investment - Rs 5,000 and multiples of Rs. 1 thereafter and for additional purchase - Rs. 500 & multiples of Rs 1 thereafter. Only for Moderate Plan: SIP (Weekly-every Wednesday) Rs 1000 SIP (Monthly): Rs 250 SIP (Quarterly): Rs 750. The thresholds shall also apply for SIP through a Systematic Transfer Plan. The weekly SIP & STP requests shall be processed on Wednesday of every week. If Wednesday is not a business day, the SIP/STP installment will be processed on the next business day. Instalments of SIPs registered with the broker code under Regular Plan on or before December 31, 2012 shall continue to be processed under Regular Plan. Instalments of SIPs registered without the broker code under Regular Plan on or before December 31, 2012 shall be processed in the corresponding option under Direct Plan from January 01, Investors who had registered for SIP facility with distributor code on or before December 31, 2012 and wish to continue to the SIP instalments under the Direct Plan shall make a written request to in this behalf. The fund will take at least 21 working days to process such requests. Intervening instalments shall continue to be processed under the Regular Plan. 12

13 Name of the Scheme Highlights & Scheme Summary 7. Sundaram Flexible Fund Short-Term Plan 8. Sundaram Flexible Fund Flexible Income Plan Investment objective (Fundamental Attribute) Liquidity (Fundamental Attribute) Transaction Facility through Stock Exchange To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low. To generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company. Purchase / Switch In: On any business day, at NAV. Redemption / Switch Out: On any business day at NAV, subject to exit load, if any. The redemption proceeds shall be dispatched to the unit holders within 10 business days from the date of redemption. A Unitholder may subscribe (One time & Systematic investments) and redeem units of the eligible Plan(s) and Option(s) under the Scheme through the Stock Exchange(s) infrastructure of NSE MFSS and BSE Star platform. Please refer the segment on International Security Identification Number (ISIN) for the eligible Plan(s) and Option(s) available for transactions. SOB No.9 Benchmark CRISIL Short Term Bond Fund Index For more details, please refer the segment on Benchmark. CRISIL Composite Bond Fund Index. For more details, please refer the segment on Benchmark. SOB No.17A Transparency/NAV Disclosure NAV will be determined on every working day, except in special circumstances as mentioned under the section titled as "Net Asset Value, in Part III" of Scheme Information Document. The Investment Manager shall also have the NAV published in two newspapers having circulation all over India. It will also be updated on the Investment Manager s website ( on every working day. The Investment Manager shall also update the NAVs on the website of Association of Mutual Funds in India AMFI before 9.00 P M every working day. In case of any delay, the reasons for such delay would be explained to AMFI by the next day. If the NAVs are not available before commencement of working hours on the following day due to any reason, the Fund shall issue a press release providing reasons and explaining when the Fund would be able to publish the NAV. The Investment Manager shall disclose the portfolio of the schemes in the format prescribed by SEBI on a monthly basis on its website, within ten days from the close of the previous month in line with SEBI Circular CIR/IMD/DF/21/2012 dated September 13, Entry Load: Nil. Exit Load: Nil Entry Load: Nil. Exit Load: Nil SOB No.16 Load Structure In accordance with SEBI Regulation, there will be no entry load for investments in the Scheme. This shall apply to new investment in the Scheme, additional purchase, switch-in, systematic investment plan, systematic transfer plan, dividend re-invested, dividend sweep-in, bonus units and any other form of investment that may be introduced as a facility. The upfront commission to distributor (ARN holder) will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. The distributor (ARN holder) will disclose all the commissions (in the form of trail commission or any other mode) payable to them for the different competing Scheme of various mutual funds from amongst which the Scheme is being recommended to the investor. In accordance with SEBI Regulation, of the exit load / contingent deferred sales charge that is charged to the investor, if any, a maximum of 1% of the redemption proceeds shall be 13

14 Name of the Scheme Highlights & Scheme Summary Sundaram Flexible Fund Short-Term Plan Sundaram Flexible Fund Flexible Income Plan Load Structure maintained in a separate account to pay commissions to the distributor and for meeting other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exit load / contingent deferred sales charge shall be credited to the respective Scheme immediately. Pursuant to SEBI Circular CIR/IMD/DF/21/2012 dated September 13, 2012 read with notification No. LAD-NRO/GN/ /17/21502 dated September 26, 2012 service tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of service tax, if any, shall be credited to the scheme with effect from October 01, Investors are requested to note that exit load is inclusive of Service Tax at applicable rates as prescribed by Ministry of Finance from time to time. Applicability (a) (b) (c) (d) (e) (f) Bonus units and units issued on reinvestment of dividend shall not be subject to exit load. Prescribed exit load will be applicable for switch out and every instalment under a Systematic Transfer Plan and Systematic Withdrawal Plan. The period indicated for exit load shall be reckoned from the date of allotment. Switch of existing investments from Regular Plan to Direct Plan where the transaction has been received without broker code in the Regular Plan shall not be subject to exit load. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan and not from the date of switch into Direct Plan. (effective from April 01, 2013) In case of switch of investments from Regular Plan to Direct Plan received with broker code in the Regular Plan, the exit load as applicable to redemption of units under the respective scheme(s) shall apply. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) In case of switch of investments from Direct Plan to Regular Plan, no exit load shall be levied. However, any subsequent switch-out or redemption of such investment shall be subject to exit load based on the original date of investment in the Direct Plan and not from the date of switch into Regular Plan. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made with Distributor code) to Direct Plan can switch their investments (subject to applicable Exit Load, if any) to Direct Plan. However, any subsequent switch-out or redemption of such investment shall not be subject to exit load. (effective from April 01, 2013) Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made without Distributor code) to Direct Plan can switch their investments, without Exit Load, to Direct Plan. However, any subsequent switch / redemption of such investment shall be subject to exit load based on the original date of investment in the Regular Plan / Discontinued Plans and not from the date of switch into Direct Plan. (effective from April 01, 2013) Switches shall be subject to completion of lock-in period, if any, under the respective scheme. The Board of Trustee reserves the right to prescribe or modify the exit load structure with prospective effect, subject to SEBI Regulation. Details of the modifications will be communicated in the following manner: Addendum detailing the changes will be attached or incorporated to the SID and Key Information Memorandum. The addendum will become an integral part of this Scheme information document. The change in exit load structure will be notified by a suitable display at the Corporate Office of the Sundaram Asset Management and at the Investor Service Centres of the registrar. A public notice shall be given in one English daily newspaper having nation-wide circulation as well as in a newspaper published in the language of region where the Head Office of the Mutual Fund is situated. The introduction/modification of exit load will be stamped on the acknowledgement slip issued 14