Sundaram Alternate Assets Ltd – Portfolio Management Services (PMS)

With over two decades of expertise in fund management, Sundaram Asset Management Company operates as a wholly-owned subsidiary of Sundaram Finance Limited, a prominent Non-Banking Financial Company (NBFC) with a long-standing legacy in India. The company was initially established in 1996 through a joint venture between Sundaram Finance Ltd and Stewart Newton Holdings (Mauritius) Ltd. Our investment strategy is predicated on a three-pillar approach to stock selection, focusing on businesses with strong fundamentals, effective management, and sound financial health.

AUM (₹ Cr)

4005.34

Clients

2345

Strategies

9

As On

31 December 2025

Investment Strategies & Performance

Portfolio Management Services (PMS)

Sundaram Alternate Assets Ltd Portfolio Management Services (PMS) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception
SELF Portfolio Mid Cap 6.81% 17.34% 17.12% Jun 2010
SISOP Multi Cap & Flexi Cap 10.88% 20.36% 17.21% Feb 2010
VOYAGER Multi Cap & Flexi Cap 5.81% 18.84% 18.02% Nov 2016
Rising Stars Small Cap 6.18% 11.02% 16.15% Nov 2009
FIRST Aggressive Strategy Debt 9.80% May 2024
FIRST Moderate Strategy Debt 9.99% Jun 2024
FIRST Conservative Strategy Debt 9.33% Jul 2024

Past performance is not indicative of future results. Returns are subject to market risks.

Alternative Investment Funds (AIF)

Sundaram Alternate Assets Ltd Alternative Investment Funds (AIF) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception

Opportunities Series - Atlas

Multi Cap & Flexi Cap 6.75% 19.45% May 2022

Opportunities Series - ACORN

Multi Cap & Flexi Cap 8.84% 20.25% 18.99% Feb 2020

AIF investments carry market risks. Please read scheme documents carefully.

Portfolio Managers & Fund Management Team

Mr. Arjun Sankar

Fund Manager

Arjun possesses over ten years of extensive experience in real estate investment, debt financing, and capital raising. He currently oversees real estate credit fund investments for SA across the Chennai and Hyderabad micro-markets. Before joining SA, he was instrumental in establishing and managing a real estate portfolio valued at USD 630 million in South India. His expertise encompasses fundraising, underwriting, comprehensive due diligence, and successful divestitures. Arjun has navigated multiple investment cycles and has a proven track record of achieving 18% Internal Rates of Return (IRRs) on exited investments. His experience spans various real estate financing structures, including equity, mezzanine, structured debt, construction finance, inventory funding, and acquisition finance, across residential, retail, and commercial asset classes.

Mr Darshan Engineer

Fund Manager

With over sixteen years of experience in the financial markets, including fourteen in equities and two in credit ratings, Darshan Engineer is a seasoned investment specialist. His professional journey encompasses prominent Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) platforms, such as Alchemy Capital, Karma Capital, and Valuequest, where he has primarily focused on small and mid-cap investment strategies. Darshan is recognized for his robust bottom-up research methodology, complemented by extensive sector-specific knowledge in consumer discretionary, automotive and auto ancillaries, pharmaceuticals, chemicals, and information technology. His investment philosophy integrates rigorous financial modelling with a comprehensive grasp of underlying business principles. Academically, Darshan holds an MBA in Finance from Jamnalal Bajaj Institute of Management Studies and a Bachelor's degree in Computer Science from Mumbai University. Furthermore, he has previously occupied leadership positions in credit research during his tenure at CRISIL.

Mr. Manoj Mahadevan

Fund Manager

Manoj is a seasoned finance professional with over ten years of experience in real estate funding and client relations across diverse markets in Western and Southern India. His competencies encompass business expansion, debt financing, financial assessments, cash flow forecasting, client engagement, and service provision. Currently, Manoj oversees SA's real estate credit fund allocations within the Bengaluru metropolitan area. Previously, he contributed to the corporate real estate funding divisions at Kotak Mahindra Investments Limited, where he managed assets exceeding $240 million, and at JM Financial. In these roles, he addressed the project finance requirements of prominent developers in Bengaluru, Chennai, and the Mumbai region, managing an aggregate exposure of over $600 million. His earlier career includes a five-year tenure as Manager – Capital Markets at Jones Lang LaSalle.

Mr P. Sudhakar

Fund Manager

Mr. P. Sudhakar possesses a Master of Business Administration (MBA) degree and brings two decades of comprehensive experience in corporate credit and credit risk assessment. His specialized knowledge is particularly noted in the financial services sector, with over 12 years dedicated to rating banks and Non-Banking Financial Companies (NBFCs). He has accumulated 16 years of overall credit rating experience at a prominent Indian rating agency. His professional tenure encompasses the credit risk assessment of mid-tier and large corporate entities across the manufacturing, infrastructure, services, and BFSI industries. Mr. Sudhakar has significantly contributed to the formulation of rating policies, models, and methodologies for banks and NBFCs through his active participation in rating committees, criteria review committees, and sector specialist teams. Prior to his current fund management role, he held a leadership position at ING Vysya Bank Ltd., where he was responsible for credit operations within the business banking division. His profound proficiency in credit appraisal, risk management, and financial structuring positions him as an instrumental figure in advancing investment strategies.

Mr Sandeep Tulsiyan

Fund Manager

Mr. Sandeep Tulsiyan is an accomplished investment specialist with a distinguished career exceeding 17 years, focused on equity analysis and asset management. His domain knowledge encompasses sectors including capital goods, defence, consumer durables, cement, and automotive ancillary industries. Acknowledged for his robust analytical capabilities, Mr. Tulsiyan has consistently been ranked among leading analysts across the Asia Pacific, lauded for his ability to generate superior investment recommendations. He is recognized for his profound research perspectives, strategic vision, and his skill in pinpointing avenues for sustained wealth generation. Prior to his tenure at Sundaram Alternates, Mr. Tulsiyan held a significant position at JM Financial, where he actively participated in numerous prominent capital market dealings, utilizing his comprehensive corporate connections and an in-depth comprehension of the investment ecosystem.

Mr. Vaatsal Tandon

Fund Manager

Vaatsal brings approximately 12 years of extensive experience in financial services, encompassing investment banking, investment management, corporate banking, credit analysis, and deal structuring. He has held positions at JM Financial and Arka Fincap Limited, where his contributions were vital in transaction origination, underwriting, analysis, portfolio monitoring, and successful exits, resulting in stakeholder returns of approximately 13-16%. Before assuming his current responsibilities, Vaatsal was a key member of the team at Arka Fincap Limited. He was associated with the firm from its inception and played a pivotal role in expanding Arka’s corporate lending portfolio from its nascent stages to approximately $200 million within a five-year period. His responsibilities included sourcing transactions, conducting credit underwriting, and structuring debt instruments such as loans and Non-Convertible Debentures for small and mid-sized corporates, as well as Non-Banking Financial Companies. The portfolio under his purview maintained a zero-default record and achieved an Internal Rate of Return (IRR) of approximately 14%.

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Regulatory Information

SEBI Registration: INP000006271

Registered Office: 21, Patullos Road,Chennai,Tamil Nadu,India-600002

Disclaimer

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)