Sundaram Asset Management Company (Company) has over 20 years of experience in fund management and is a fully owned subsidiary of one of India’s oldest and most respected NBFCs – Sundaram Finance Limited. The Company was jointly promoted by Sundaram Finance Ltd and Stewart Newton Holdings (Mauritius) Ltd in 1996.
Sundaram Finance Ltd (SFL) was incorporated in 1954, with the object of financing the purchase of commercial vehicles and passenger cars. The company was started with a paid-up capital of Rs.2.00 Lakhs and later went public in 1972. SFL is one of the largest non-banking financial companies in India with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution. As of 31 March 2016, SFL Group reported revenues of Rs.5035 crores and profits of Rs.583 crores. Total assets stood at Rs.28,027 crores and Net-worth at Rs.4195 crores at a consolidated level. SFL has grown over the past decades on the foundation of dedicated customer service, fair business practices, efficient, safe and trusted financial policies.