Sundaram Newton Asset

The only review written here has been in oct 2003 and how very wrong Mr. Moorthy has been in giving this fund house a negative review.

Today sundaram is the most sucessful fund house, having grown 10 times in 5 years. The assets it manages are now 7000 crore rupees.

Sundaram select mid cap is the most rewarding of all mutual funds, having given 70 percent returns in the past 1 year and also for the last 3 years it has outperformed the index. Its other sucessful funds include sundaram select focus, sundaram capex opportunities funds.

Management is efficient.open, does not show off and delivers by its performance alone.

A fund house in which one can invest blindly and assets will be well looked after.

They are shortly coming out with a new fund ofer which will invest in small cap stocks and give very high returns as it will be a close ended fund in which manger will get time to generate returns from the investments over a three year time frame.

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As I have seen Sundaram mutual fund is irresponsible in the sense that they don't publish NAVs regularly. Today is 27th Oct 2003 and still they have 23 Oct 2003 NAVs. Better switch over to more professionaly managed funds like ICICI Pru, HDFC fund, Franklin Templeton or even for that matter Alliance capital. You won't be able to track your networth in this dynamic market. Espescially Sundaram select Midcap is a laggard in performance compared to other diversified equity. When the market goes up it will move by a small amount and when the market NAV will fall like nine pins !

Probably their staff have gone on a long leave for Diwali. Then how to be sure that your money is safe with them ? Anand Ramakrishnan himself should be sleeping !!! I wonder how AMFI (Association of Mutual funds don't monitor all these things.

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