Sundaram Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 22-11-2024
₹ 105.04
1D
Inception Returns
16.2%
/yr
About Sundaram Consumption Fund Direct Growth
Sundaram Consumption Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashish Aggarwal, Ratish Varier. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Consumption Fund Direct Growth has ₹1564 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
Sundaram Consumption Fund Direct Growth has given a CAGR return of 16.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.18%, 17.32% and 18.80% respectively.
Holdings
Sundaram Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Financial Services, Real Estate, Basic Materials. Its top holdings are Bharti Airtel Ltd, ITC Ltd, Titan Co Ltd, Kalyan Jewellers India Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Sundaram Consumption Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit directly from consumption led demand in India.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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345 people have invested ₹ 51.9L in Sundaram Consumption Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Consumption Fund Direct Growth
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
Sundaram Consumption Fund Direct Growth Overview
| Expense ratio | 1.33% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1564 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 26.62% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
71.4%
Small cap
13.2%
Mid cap
10.6%
Sector Allocation
Consumer Cyclical
45.1%
Consumer Defensive
33.2%
Communication
12.3%
Health
3.2%
Financial Services
2.4%
Real Estate
2.1%
Basic Materials
1.6%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -9.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 2.51% in Oct'24
- AUM of the fund stands at 1.6K Cr as of Oct'24
- AUM decreased by 65 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Zomato Ltd's allocation increased from 3.24% to 4.64%
Titan Co Ltd's allocation increased from 5.59% to 6.33%
Trent Ltd's allocation increased from 1.55% to 2.27%
Top Stocks sold last month
Kalyan Jewellers India Ltd's allocation decreased from 8.7 % to 6.2 %
Hindustan Unilever Ltd's allocation decreased from 5.97 % to 5.66 %
Maruti Suzuki India Ltd's allocation decreased from 4.92 % to 4.77 %
Mid Cap allocation has gone down from 12.4% to 10.6%
Large Cap allocation has gone up from 67.4% to 71.4%
Small Cap allocation has gone down from 17.3% to 13.2%
Cash allocation has gone up from 3% to 4.8%
Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Communication
Oct'24
Consumer Cyclical
45%
Consumer Defensive
33%
Communication
12%
Sep'24
Consumer Cyclical
43%
Consumer Defensive
36%
Communication
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Eicher Motors Ltd | 3.2% |
 S J S Enterprises Ltd | 0.6% |
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Ashish Aggarwal
Fund Manager of Sundaram Consumption Fund Direct Growth, since 1 January 2022
Top funds managed
Ratish Varier
Fund Manager of Sundaram Consumption Fund Direct Growth, since 1 January 2022
Top funds managed
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
Total AUM
₹70.43K Cr
as on 31-Oct-2024
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com
Mutual Fund Insights
In the last 1 year, HSBC Consumption Fund Direct Growth has given 35.09% return, outperforming this fund by 11.91%.
This fund expense ratio is slightly on the lower side within the category (equity - consumption). Its expense ratio is 1.33% which is lower than the category average expense ratio of 1.37%.
Over the last 1 month, this fund has experienced a 4.0% drop in AUM moving from 1.62K Cr to 1.56K Cr.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 24.17% return, outperforming this fund by 5.38% per annum.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 20.21% return, outperforming this fund by 2.89% per annum.
Sundaram Consumption Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.2% since inception which is more than its category average return of 15.07%
Fund Allocations
This fund has an allocation of 95.17% in Equity, 0% in Debt and 4.83% in Cash related instruments
AUM size ₹1564 Cr
This fund has AUM of ₹1564 Cr which is less than its category average of ₹ 1793 Cr
Expense Ratio 1.33%
This fund has an expense ratio of 1.33% which is more than its category average expense ratio of 1.28%
Frequently Asked Questions for Sundaram Consumption Fund Direct Growth
The current NAV of Sundaram Consumption Fund Direct Growth is ₹105.04 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Sundaram Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.57% | -5.57% |
6 Month Returns | 12.16% | 12.16% |
1 Year Returns | 23.18% | 23.18% |
3 Years Returns | 61.48% | 17.32% |
5 Years Returns | 136.62% | 18.8% |
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1.33% as on October 2024
₹1564 Cr as on October 2024
Bharti Airtel Ltd(9.68%), ITC Ltd(9.35%), Titan Co Ltd(6.33%), Kalyan Jewellers India Ltd(6.2%), Mahindra & Mahindra Ltd(6.11%) as on October 2024
Consumer Cyclical(42.95%), Consumer Defensive(31.59%), Communication(11.75%) as on October 2024
The alpha ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Consumption Fund Direct Growth | -3.32 | 1.21 | 0.29 |
As on October 2024
The alpha for Sundaram Consumption Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Consumption Fund Direct Growth | 0.92 | 0.89 | 1.02 |
As on October 2024
The Beta for Sundaram Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Consumption Fund Direct Growth | 1.37 | 0.88 | 0.75 |
As on October 2024
The sharpe ratio for Sundaram Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Consumption Fund Direct Growth | 16.33 | 14.18 | 18.62 |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.64 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Aggarwal, Ratish Varier are the fund managers of Sundaram Consumption Fund Direct Growth
The Exit load of Sundaram Consumption Fund Direct Growth is 0.5%