Sundaram Diversified Equity Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 23-12-2024
₹ 224.77
1D
Inception Returns
13.7%
/yr
About Sundaram Diversified Equity Fund Direct Growth
Sundaram Diversified Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Diversified Equity Fund Direct Growth has ₹1558 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
Sundaram Diversified Equity Fund Direct Growth has given a CAGR return of 13.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.96%, 15.21% and 16.07% respectively.
Holdings
Sundaram Diversified Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Consumer Defensive, Communication, Energy, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd
Taxation
As it is a elss (tax savings) 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 Diversified Equity Fund Direct Growth
To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 250.00. There is a lock in period for Sundaram Diversified Equity Fund Direct Growth of 3 Years
Historical NAV & Returns
Annualised
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INDmoney Rank for Sundaram Diversified Equity Fund Direct Growth
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
3Y returns in the bottom 25% of the category
Sundaram Diversified Equity Fund Direct Growth Overview
| Expense ratio | 1.63% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹1558 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 15.06% |
| STCG | Selling mutual fund 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
71.1%
Mid cap
14.7%
Small cap
9.1%
Sector Allocation
Financial Services
34.4%
Industrial
12.6%
Consumer Cyclical
9.8%
Tech
9.6%
Health
8.6%
Consumer Defensive
6.5%
Communication
5.8%
Energy
5.7%
Basic Materials
5.3%
Utilities
1.6%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.88% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.48% in Nov'24
- AUM of the fund stands at 1.6K Cr as of Nov'24
- AUM decreased by 1.5 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 7.77% to 8.05%
Infosys Ltd's allocation increased from 4.1% to 4.34%
Tata Consultancy Services Ltd's allocation increased from 2.92% to 3.15%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 5.26 % to 4.18 %
Axis Bank Ltd's allocation decreased from 3.12 % to 3.06 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 2.79 % to 2.69 %
Large Cap allocation has gone up from 71.1% to 71.1%
Small Cap allocation has gone up from 8.9% to 9.1%
Mid Cap allocation has gone down from 15.3% to 14.7%
Cash allocation has gone down from 3.9% to 3.1%
Top 3 Sectors in November were Financial Services, Industrial & Tech
Nov'24
Financial Services
34%
Industrial
13%
Consumer Cyclical
10%
Oct'24
Financial Services
35%
Industrial
13%
Tech
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.05% | 0% | |
 ICICI Bank Ltd | 7.37% | 0% | |
 Infosys Ltd | 4.34% | 0% | |
 Reliance Industries Ltd | 4.18% | 0% | |
 Larsen & Toubro Ltd | 3.74% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 6.1% |
 Tata Consultancy Services Ltd | 4.9% |
 HDFC Bank Ltd | 3% |
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Sudhir Kedia
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 24 February 2021
Top funds managed
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
Total AUM
₹68.77K Cr
as on 29-Nov-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, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 30.66% return, outperforming this fund by 15.45% per annum.
Over the last 3 months, this fund has experienced a 6.9% drop in AUM moving from 1.67K Cr to 1.55K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.24% return, outperforming this fund by 16.17% per annum.
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 53% return, outperforming this fund by 38.04%.
Sundaram Diversified Equity 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 13.65% since inception which is less than its category average return of 15.66%
Fund Allocations
This fund has an allocation of 96.87% in Equity, 0% in Debt and 3.13% in Cash related instruments
AUM size ₹1558 Cr
This fund has AUM of ₹1558 Cr which is less than its category average of ₹ 3948 Cr
Expense Ratio 1.63%
This fund has an expense ratio of 1.63% which is more than its category average expense ratio of 1.45%
Frequently Asked Questions for Sundaram Diversified Equity Fund Direct Growth
The current NAV of Sundaram Diversified Equity Fund Direct Growth is ₹224.77 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Sundaram Diversified Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.17% | 2.17% |
6 Month Returns | 1.48% | 1.48% |
1 Year Returns | 14.96% | 14.96% |
3 Years Returns | 52.93% | 15.21% |
5 Years Returns | 110.68% | 16.07% |
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1.63% as on November 2024
₹1558 Cr as on November 2024
HDFC Bank Ltd(8.05%), ICICI Bank Ltd(7.37%), Infosys Ltd(4.34%), Reliance Industries Ltd(4.18%), Larsen & Toubro Ltd(3.74%) as on November 2024
Financial Services(33.29%), Industrial(12.25%), Consumer Cyclical(9.49%) as on November 2024
The alpha ratio for the Sundaram Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Diversified Equity Fund Direct Growth | -3.26 | -0.67 | -2.19 |
As on November 2024
The alpha for Sundaram Diversified Equity Fund Direct Growth is calculated against S&P BSE 200 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 0.88 | 0.88 | 0.98 |
As on November 2024
The Beta for Sundaram Diversified Equity Fund Direct Growth is calculated with S&P BSE 200 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 1.1 | 0.71 | 0.63 |
As on November 2024
The sharpe ratio for Sundaram Diversified Equity Fund Direct Growth is calculated with S&P BSE 200 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 11.71 | 12.26 | 19.13 |
As on November 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 1.24 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sudhir Kedia, Rohit Seksaria are the fund managers of Sundaram Diversified Equity Fund Direct Growth
The Exit load of Sundaram Diversified Equity Fund Direct Growth is 0%