SUNDARAM MUTUAL FUND Index

Sundaram Multi Asset Allocation Fund

Halfyearly Portfolio Statement for the period ended 31 March 2024
Rating / Mkt Value
SL No ISIN Code Name of the instrument Quantity % of Net Asset YTM (%)
Industry Rs. in Lacs
A) Equity & Equity Related
(a) Listed / awaiting listing on Stock Exchange

1 INE002A01018 Reliance Industries Ltd Petroleum Products 411272 12221.77 5.90%

2 INE018A01030 Larsen & Toubro Ltd Construction 281043 10578.18 5.11%
3 INE040A01034 HDFC Bank Ltd Banks 685313 9922.65 4.79%
4 INE009A01021 Infosys Ltd IT - Software 527618 7903.98 3.82%
5 INE062A01020 State Bank of India Banks 1020883 7680.61 3.71%
6 INE467B01029 Tata Consultancy Services Ltd IT - Software 187139 7254.07 3.50%
7 INE397D01024 Bharti Airtel Ltd Telecom - Services 587659 7219.98 3.49%
8 INE101A01026 Mahindra & Mahindra Ltd Automobiles 356964 6858.53 3.31%
9 INE238A01034 Axis Bank Ltd Banks 597911 6261.32 3.02%
10 INE296A01024 Bajaj Finance Ltd Finance 68306 4948.94 2.39%
11 INE090A01021 ICICI Bank Ltd Banks 376149 4112.44 1.99%
12 INE081A01020 Tata Steel Ltd Ferrous Metals 2357468 3674.11 1.77%
13 IN9155A01020 Tata Motors Ltd - DVR Automobiles 472153 3102.99 1.50%
14 INE692A01016 Union Bank of India Banks 2004174 3076.41 1.49%
15 INE134E01011 Power Finance Corporation Ltd Finance 725975 2833.12 1.37%
16 INE154A01025 ITC Ltd Diversified Fmcg 643989 2758.53 1.33%
17 INE303R01014 Kalyan Jewellers India Ltd Consumer Durables 544006 2327.26 1.12%
18 INE669C01036 Tech Mahindra Ltd IT - Software 181865 2269.86 1.10%
Pharmaceuticals &
19 INE044A01036 Sun Pharmaceutical Industries Ltd Biotechnology 136432 2210.95 1.07%

20 INE129A01019 GAIL (India) Ltd Gas 1160050 2100.27 1.01%

21 INE334L01012 Ujjivan Financial Services Ltd Finance 439959 2095.96 1.01%
22 INE063P01018 Equitas Small Finance Bank Limited Banks 2214356 2049.39 0.99%
Pharmaceuticals &
23 INE540L01014 Alkem Laboratories Ltd Biotechnology 39723 1963.11 0.95%

24 INE030A01027 Hindustan UniLever Ltd Diversified Fmcg 81793 1852.08 0.89%

25 INE494B01023 TVS Motor Company Ltd Automobiles 78750 1694.58 0.82%
26 INE038A01020 Hindalco Industries Ltd Non - Ferrous Metals 285600 1600.07 0.77%
27 INE860A01027 HCL Technologies Ltd IT - Software 101081 1560.24 0.75%
28 INE280A01028 Titan Company Ltd Consumer Durables 36414 1384.39 0.67%
Cement & Cement
29 INE481G01011 Ultratech Cement Ltd Products 13390 1305.41 0.63%

30 INE663F01024 Info Edge (India) Ltd Retailing 23100 1291.75 0.62%

31 INE758T01015 Zomato Ltd Retailing 621127 1131.07 0.55%
32 INE732I01013 Angel One Ltd Capital Markets 35820 1090.72 0.53%
Cement & Cement
33 INE087A01019 Kesoram Industries Ltd Products 632556 1082.62 0.52%

34 INE066F01020 Hindustan Aeronautics Ltd Aerospace & Defense 29100 968.16 0.47%

35 INE021A01026 Asian Paints Ltd Consumer Durables 33200 945.12 0.46%

36 INE298A01020 Cummins India Ltd Industrial Products 28964 870.73 0.42%
37 INE646L01027 Interglobe Aviation Ltd Transport Services 22291 791.03 0.38%
38 INE239A01024 Nestle India Ltd Food Products 27559 722.69 0.35%
39 INE237A01028 Kotak Mahindra Bank Ltd Banks 35600 635.64 0.31%
40 INE029A01011 Bharat Petroleum Corporation Ltd Petroleum Products 95133 573.08 0.28%
Cement & Cement
41 INE047A01021 Grasim Industries Ltd Products 23850 545.52 0.26%

42 INE733E01010 NTPC LTD Power 66000 221.63 0.11%

Sub Total 135690.95 65.54%

(b) Overseas Security

Sub Total 0 0.00%

(c) Privately Placed / Unlisted

Sub Total 0 0.00%

(d) Preference / Right Shares

Sub Total 0 0.00%

(e) Warrants
Sub Total 0 0.00%

f) Derivative
 1 Interglobe Aviation Ltd April 2024 Stock Future (1200) (42.86) (0.02%)
2 Grasim Industries Limited April 2024 Stock Future (23850) (547.75) (0.26%)
3 Kotak Mahindra Bank Limited April 2024 Stock Future (35600) (640.87) (0.31%)
4 Bajaj Finance Limited April 2024 Stock Future (13125) (955.49) (0.46%)
5 Hindustan Aeronautics Limited April 2024 Stock Future (29100) (973.96) (0.47%)
6 Tata Steel Limited April 2024 Stock Future (825000) (1295.66) (0.63%)
7 Info Edge (India) Limited April 2024 Stock Future (23100) (1298.35) (0.63%)
8 Bharti Airtel Limited April 2024 Stock Future (125400) (1553.89) (0.75%)
9 Hindalco Industries Limited April 2024 Stock Future (285600) (1613.64) (0.78%)
10 TVS Motor Company Limited April 2024 Stock Future (78750) (1706.24) (0.82%)
11 Reliance Industries Limited April 2024 Stock Future (70750) (2116.31) (1.02%)
12 Infosys Limited April 2024 Stock Future (162400) (2446.47) (1.18%)
13 Axis Bank Limited April 2024 Stock Future (246875) (2603.42) (1.26%)
14 State Bank Of India Limited April 2024 Stock Future (507000) (3835.71) (1.85%)
15 HDFC Bank Limited April 2024 Stock Future (267300) (3905.52) (1.89%)
16 TATA Consultancy Services Limited April 2024 Stock Future (112700) (4403.53) (2.13%)
17 Mahindra & Mahindra Limited April 2024 Stock Future (241850) (4684.03) (2.26%)
18 Larsen & Toubro Limited April 2024 Stock Future (151800) (5752.99) (2.78%)
Sub Total (40376.70) (19.50%)

Total for Equity & Equity Related 135690.95 65.54%

B) Debt Instruments
(a) Listed / awaiting listing on Stock Exchange
Sub Total 0 0.00%

(b) Privately Placed / Unlisted

Sub Total 0 0.00%

(c) Govt Security

1 IN0020220037 7.38% Central Government Securities 20/06/2027 * Sovereign 10500000 10595.56 5.12% 7.18

2 IN0020230119 7.33% Government Securities-30/10/2026 * Sovereign 5000000 5035.77 2.43% 7.14

3 IN0020230135 7.32% Government Securities-13/11/2030 * Sovereign 2500000 2533.69 1.22% 7.18
4 IN0020230085 7.18% Government Securities - 14/08/2033 * Sovereign 2500000 2521.36 1.22% 7.18

Sub Total 20686.38 9.99%

(d) Securitized Debt Instruments

Sub Total 0 0.00%

Total for Debt Instruments 20686.38 9.99%

C) Money Market Instruments

(a) Certificate of Deposits
Sub Total 0 0.00%

(b) Commercial Papers

Sub Total 0 0.00%

(c) Treasury Bills

Sub Total 0 0.00%

(d) ReverseRepo / TREPS

1 TREPS 1624.50 0.78% 6.91
Sub Total 1624.50 0.78%

Total for Money Market Instruments 1624.50 0.78%

D) Mutual Fund Units

(a) Investment in Mutual Fund Units
1 INF200KA16D8 SBI-ETF GOLD 27600000 16112.88 7.78%
2 INF204KB17I5 Nippon India ETF Gold Bees 28185000 15955.53 7.71%
3 INF179KC1981 HDFC Gold Exchange Traded Fund 13680000 7976.81 3.85%

4 INF174KA1HJ8 Kotak Mutual Fund - Gold Exchange Traded Fund 13915000 7920.42 3.83%

5 INF740KA1SW3 DSP-GOLD ETF 648000 430.47 0.21%

Sub Total 48396.10 23.38%

E) Others
(a) Deposits with Commercial Banks
Sub Total 0 0.00%
 (b) Share Application Money pending Allotment
Sub Total 0 0.00%

Margin Money For Derivatives 114.20 0.06%

Cash and Other Net Current Assets^ 525.32 0.25%
Grand Total 207037.45 100.00 %

# percentage to NAV of security is less than 0.01% - Wherever applicable

** Thinly traded / Non Traded Securities - Wherever applicable
^ Net current assets includes interest accrued on fixed income securities - Wherever applicable

~ This scheme has exposure to floating rate instruments and / or interest rate derivatives. The duration of these instruments is linked to the
interest rate reset period. The interest rate risk in a floating rate instrument or in a fixed rate instrument hedged with derivatives is likely to be
lesser than that in an equivalent maturity fixed rate instrument. Under some market circumstances the volatility may be of an order greater than
what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity
of the scheme as well and exercise adequate due diligence when deciding to make their investments. - Wherever applicable

* Investment earmarked for Derivative Margin - Wherever applicable

Notes
a) Total securities classified as below investment grade or default provided for and its
percentage to NAV Nil

b) Total value and percentage of illiquid equity shares Nil

c) NAV per unit (Rupees per unit)
At the At the end
beginning
Option 30/09/2023 31/03/2024

Direct Plan - Growth 0.0000 10.4117

Direct Plan - IDCW 0.0000 10.4117
Regular Plan - Growth 0.0000 10.3783
Regular Plan - IDCW 0.0000 10.3783

d) IDCW declared during the period (Rupees per unit) Nil

e) Total outstanding exposure in derivative instruments at the end of the period Annexure-A

f) Total investments in foreign securities /ADR'S/GDR'S at the end of the period Nil

g) Repo in corporate debt Nil

h) Portfolio Turnover Ratio 114.25%

Annexure-A

A. Hedging Positions through Futures as on March 31,2024 :

Scheme Name Underlying Long/Short Futures Current Margin

Price When Price of the maintained in
Purchased contract (Rs in Lakhs)*
Sundaram Multi Asset Allocation Fund Axis Bank Ltd APR-2024 Short 1,048.52 1,054.55 461.19
Sundaram Multi Asset Allocation Fund Bajaj Finance Ltd APR-2024 Short 6,966.31 7,279.95 164.67
Sundaram Multi Asset Allocation Fund Bharti Airtel Ltd APR-2024 Short 1,234.35 1,239.15 273.06
Sundaram Multi Asset Allocation Fund Grasim Industries Ltd APR-2024 Short 2,238.96 2,296.65 94.12
Sundaram Multi Asset Allocation Fund HDFC Bank Ltd APR-2024 Short 1,449.62 1,461.10 684.98
Sundaram Multi Asset Allocation Fund Hindalco Industries Ltd APR-2024 Short 560.16 565.00 337.54
Sundaram Multi Asset Allocation Fund Hindustan Aeronautics Ltd APR-2024 Short 3,278.12 3,346.95 200.81
Sundaram Multi Asset Allocation Fund Info Edge (India) Ltd APR-2024 Short 5,371.03 5,620.55 256.25
Sundaram Multi Asset Allocation Fund Infosys Ltd APR-2024 Short 1,504.57 1,506.45 428.71
Sundaram Multi Asset Allocation Fund Interglobe Aviation Ltd APR-2024 Short 3,307.14 3,571.35 7.95
Sundaram Multi Asset Allocation Fund Kotak Mahindra Bank Ltd APR-2024 Short 1,785.10 1,800.20 112.43
Sundaram Multi Asset Allocation Fund Larsen & Toubro Ltd - Equity APR-2024 Short 3,697.01 3,789.85 1002.39
Sundaram Multi Asset Allocation Fund Mahindra & Mahindra Ltd APR-2024 Short 1,891.63 1,936.75 811.69
Sundaram Multi Asset Allocation Fund Reliance Industries Ltd APR-2024 Short 2,953.02 2,991.25 374.83
Sundaram Multi Asset Allocation Fund State Bank Of India Ltd APR-2024 Short 749.17 756.55 663.56
Sundaram Multi Asset Allocation Fund TATA Consultancy Services Ltd APR-2024 Short 3,932.69 3,907.30 770.41
Sundaram Multi Asset Allocation Fund Tata Steel Ltd APR-2024 Short 153.78 157.05 245.58
Sundaram Multi Asset Allocation Fund TVS Motor Company Ltd APR-2024 Short 2,111.64 2,166.65 297.76

Total percentage of existing assets hedged through futures as a percentage of net assets :

Scheme Name %
Sundaram Multi Asset Allocation Fund 19.50

For the period ended March 31,2024 following were the hedging transactions through futures which have been squared off/ expired :
 Scheme Name Total Number of contracts where futures were Total Number of Gross Gross Net Profit /
Bought contracts where Notional Notional (Loss) value on
futures were Sold value of value of all contracts
contracts contracts combined
where where (Rs. in lakhs)
futures were futures were
bought sold (Rs.
(Rs. in Lakhs)
in Lakhs)

Sundaram Multi Asset Allocation Fund 19,922 19,922 156,682.71 156,399.21 (314.95)

B. Other than hedging positions through futures as on March 31,2024 : Nil

Total percentage of existing assets due to non-hedging positions as a percentage of net assets : Nil

For the period ended March 31,2024 following were the non-hedging transactions through futures which have been squared off / expired : Nil

Scheme Name Total Number of contracts where futures were Total Number of Gross Gross Net Profit /
Bought contracts where Notional Notional (Loss) value on
futures were Sold value of value of all contracts
contracts contracts combined (Rs.
where where in lakhs)
futures were futures were
bought sold ( Rs.
(Rs. in Lakhs)
in Lakhs)

Sundaram Multi Asset Allocation Fund 70 70 1015.61 957.18 (58.43)

C. Hedging Positions through Put Options as on March 31,2024 : Nil

Total % of existing assets hedged through Put Options : Nil

For the period ended March 31,2024 , the following hedging transactions through options which have been already exercised/expired : Nil

D. Other than Hedging Positions through options as on March 31,2024 : Nil

Total Exposure through Options other than hedging as a percentage of net assets : Nil

For the period ended March 31,2024 , the following non hedging transactions through options which have been already exercised/expired : Nil
E. Hedging Positions through Swaps as on March 31,2024 - Nil

F. Hedging Positions through Interest Rate Futures as on March 31,2024 : Nil

Total percentage of existing assets hedged through Interest Rate Futures a Percentage of net assets : Nil

For the period ended March 31,2024 following were the hedging transactions through Interest Rate Futures which have been squared off/ expired : Nil

For the period ended March 31,2024 following were the Non Hedging transactions through Interest Rate Futures which have been squared off/ expired : Nil

* Note: Margin maintained denotes security specific margin.

 Scheme Riskometer

Benchmark Riskometer - NIFTY 500 TRI (65%) +

NIFTY Short Duration Debt Index (10%) + Domestic
Prices of Gold (25%)