- Manager
- Sundaram Alternate Assets
- Service
- Discretionary
- Asset class
- Debt
First Moderate
+8.35%
1-year return
Benchmark CRISIL COMPOSITE BOND FUND INDEX +3.81% · to 30 Sep 2026
Sundaram Alternate Assets’ First Moderate returned 8.35% over the year to 30 Sep 2026, against 3.81% for its benchmark, the CRISIL COMPOSITE BOND FUND INDEX. It managed ₹115 crore across its clients.
Key numbers
- AUM
- ₹115 Cr
- Benchmark
- CRISIL COMPOSITE BOND FUND INDEX
- Turnover, past year
- 1.04×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | CRISIL COMPOSITE BOND FUND INDEX | Difference |
|---|---|---|---|
| 1 month | +0.60% | −0.42% | +1.02% |
| 3 months | +1.84% | −0.40% | +2.24% |
| 6 months | +4.38% | +3.10% | +1.28% |
| 1 year | +8.35% | +3.81% | +4.54% |
| 2 years | +9.30% | +5.33% | +3.97% |
| Since inception | +9.55% | +6.01% | +3.54% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Debt94.54%₹109 Cr
- Cash and other3.88%₹4.47 Cr
- Mutual funds1.58%₹1.82 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹1.73 Cr
- Outflow, Sep 2026
- ₹0.88 Cr
- Net, Sep 2026
- ₹0.85 Cr
- Net, FY to date
- ₹35.45 Cr
- Turnover, month
- 0.08×
- Turnover, past year
- 1.04×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has First Moderate returned?
8.35% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.60%; 3 months: 1.84%; 6 months: 4.38%; 1 year: 8.35%; 2 years: 9.30%; Since inception: 9.55%.
How has it done against its benchmark?
Its benchmark, the CRISIL COMPOSITE BOND FUND INDEX, returned 3.81% over the year, so the strategy was 4.54 percentage points ahead.
How much does First Moderate manage?
₹115 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages First Moderate?
Sundaram Alternate Assets, a SEBI-registered portfolio manager (INP000006271), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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