Sundaram Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 06-09-2024
₹ 109.56
▲0.2%
1D
Inception Returns
17.2%
/yr
About the Fund
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 ₹1582 Cr worth of assets under management (AUM) as on Jul 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 17.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.01%, 21.79% and 22.52% 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 ITC Ltd, Bharti Airtel Ltd, Kalyan Jewellers India Ltd, Mahindra & Mahindra Ltd, Hindustan Unilever 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
▲
▼
352 people have invested ₹ 57.1L in Sundaram Consumption Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
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
Fund Overview
| Expense ratio | 1.32% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1582 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
66.2%
Small cap
15.4%
Mid cap
13.8%
Sector Allocation
Consumer Cyclical
42.1%
Consumer Defensive
36.6%
Communication
11.8%
Health
3%
Financial Services
2.7%
Real Estate
2.2%
Basic Materials
1.7%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 6.84% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 3.30% in Jul'24
- AUM of the fund stands at 1.6K Cr as of Jul'24
- AUM increased by 87.6 Cr between Jul'24 and Jun'24
Top Stocks bought last month
ITC Ltd's allocation increased from 8.5% to 9.36%
Kalyan Jewellers India Ltd's allocation increased from 8.23% to 8.44%
United Spirits Ltd's allocation increased from 4.11% to 4.3%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 9.54 % to 9.31 %
Mahindra & Mahindra Ltd's allocation decreased from 7.82 % to 7.49 %
Hindustan Unilever Ltd's allocation decreased from 6.75 % to 5.99 %
Cash allocation has gone up from 4.1% to 4.6%
Top 3 Sectors in July were Consumer Cyclical, Consumer Defensive & Communication
Jul'24
Consumer Cyclical
42%
Consumer Defensive
37%
Communication
12%
Jun'24
Consumer Cyclical
43%
Consumer Defensive
36%
Communication
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Safari Industries (India) Ltd | 21.2% |
 Kalyan Jewellers India Ltd | 20.1% |
 Bharti Airtel Ltd | 6.6% |
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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
₹45.49K Cr
as on 31-Jul-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 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 29.46% return, outperforming this fund by 7.67% per annum.
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 1.32% which is lower than the category average expense ratio of 1.43%.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 29.67% return, outperforming this fund by 7.14% per annum.
Over the last 3 months, this fund has experienced a 13.2% growth in AUM moving from 1.39K Cr to 1.58K Cr.
In the last 1 year, HSBC Consumption Fund Direct Growth has given 49.57% return, outperforming this fund by 10.56%.
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 17.18% since inception which is less than its category average return of 22.24%
Fund Allocations
This fund has an allocation of 95.41% in Equity, 0% in Debt and 4.59% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 1675 Cr
Expense Ratio 1.32%
This fund has an expense ratio of 1.32% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Sundaram Consumption Fund Direct Growth is ₹109.56 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Sundaram Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.36% | 7.36% |
6 Month Returns | 25.52% | 25.52% |
1 Year Returns | 39.01% | 39.01% |
3 Years Returns | 80.63% | 21.79% |
5 Years Returns | 176.13% | 22.52% |
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1.32% as on August 2024
₹1582 Cr as on August 2024
ITC Ltd(9.36%), Bharti Airtel Ltd(9.31%), Kalyan Jewellers India Ltd(8.44%), Mahindra & Mahindra Ltd(7.49%), Hindustan Unilever Ltd(5.99%) as on August 2024
Consumer Cyclical(40.14%), Consumer Defensive(34.91%), Communication(11.24%) as on August 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 | -3.53 | 2.12 | -0.49 |
As on August 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 | 0.93 | 0.87 | 1.04 |
As on August 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 | 2.5 | 1.21 | 0.92 |
As on August 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 | 10.72 | 12.5 | 17.99 |
As on August 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 2.92 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.04 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%