Sundaram S.M.I.L.E Fund

Sundaram Small and Medium Indian Leading Equities fund was among the average performers but its performance has fallen further. This fund is managed by S. Krishnakumar. If you hold units in this fund, exit it now. New investors skip this fund.

Where does Sundaram S.M.I.L.E fund invest your money?

S.M.I.L.Eis a mid cap fund which means most of your money will be invested in medium sized companies. About 47% of the fund’s money is allocated to stocks of mid size companies, 44.67% to stocks of small size companies and the remaining to those of large companies. Mid size stocks can give kicker returns as they turn into large stocks but this happens not so frequently.

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment.
Not Recommended
How has Sundaram S.M.I.L.E fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched at Feb 2005, your value of investments would be around Rs 2.95 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 1.55 lakhs. The performance has been not better than other mid cap mutual funds. The fund has been giving at around 3% every year for those who stayed invested for last 5 years.

Assume you had invested Rs 10,000 every month in S.M.I.L.E Fund through SIP for the past 5 years today you would have around Rs 7.04 lakhs.

When to review the performance?

Once you invest in the fund do not get into the habit of checking the NAV daily or monthly. Review the performance twice a year. Too much attention is not good.

What charges apply?

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Sundaram S.M.I.L.E fund is 2.73%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio

When to exit?

Withdraw when your goals are closer to achievement. Do not remove the money when the markets go up or down. Do not panic. Stick to your goals.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you did not withdraw within 1 year. Sundaram S.M.I.L.E Fund does not qualify for sec 80C ELSS benefits.

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