Sundaram Mutual Fund has completed 25 years as a corporate entity today.
The company is a 100% subsidiary of Sundaram Finance. In the past Sundaram Mutual Fund had two joint ventures - Sundaram Newton till 2002 and Sundaram BNP Paribas between 2006 and 2010.
Over the years, Sundaram Mutual has expanded its footprint not only in India but across Asia. Sundaram AMC has two overseas branches – Dubai and Singapore. The company also runs Sundaram Alternates to offer AIFs and PMS to HNIs and institutional clients.
The fund house manages assets of Rs.40000 crore in mutual funds. Recently, the fund house has acquired Prinicpal Mutual Fund (subject to regulatory approval) to become 15the largest fund house in the industry. It will add Rs.7500 crore of assets with this acquisition.
The fund house has bagged many awards like The Economic Times Best Brand Award (2019), ET Best BFSI Brand (2018, 2019), Best Brand at Tamil Nadu Brand Leadership Awards 2020 of the World Marketing Congress and Innovative Launch Campaign of the Year 2020 for the Sundaram Bluechip Fund.