Sundaram Diversified Equity Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 04-09-2024
₹ 234.05
▲0.2%
1D
Inception Returns
14.5%
/yr
About the Fund
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 ₹1678 Cr worth of assets under management (AUM) as on Jul 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 14.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.64%, 15.55% and 19.92% respectively.
Holdings
Sundaram Diversified Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Defensive, Consumer Cyclical, Energy, Basic Materials, Health, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys 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
▲
▼
1 people have invested ₹ 0 in Sundaram Diversified Equity 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
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.6% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹1678 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 15.06% |
| 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 (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
76.9%
Mid cap
11.8%
Small cap
9.4%
Sector Allocation
Financial Services
33%
Industrial
12.4%
Tech
10.8%
Consumer Defensive
9.8%
Consumer Cyclical
9.6%
Energy
7.2%
Basic Materials
5.9%
Health
5.7%
Communication
4.3%
Utilities
0.7%
Real Estate
0.6%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.68% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.14% in Jul'24
- AUM of the fund stands at 1.7K Cr as of Jul'24
- AUM increased by 28.8 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 5.26% to 5.94%
Infosys Ltd's allocation increased from 4.14% to 4.65%
Tata Motors Ltd's allocation increased from 2.74% to 3.15%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.54 % to 7.39 %
ICICI Bank Ltd's allocation decreased from 6.42 % to 6.39 %
Axis Bank Ltd's allocation decreased from 3.21 % to 2.91 %
Large Cap allocation has gone down from 80.6% to 80.4%
Cash allocation has gone up from 0.4% to 1.7%
Top 3 Sectors in July were Financial Services, Industrial & Consumer Defensive
Jul'24
Financial Services
33%
Industrial
12%
Tech
11%
Jun'24
Financial Services
33%
Industrial
12%
Consumer Defensive
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.39% | -8.2% | |
 ICICI Bank Ltd | 6.39% | 0% | |
 Reliance Industries Ltd | 5.94% | -28% | |
 Infosys Ltd | 4.65% | -4.1% | |
 Larsen & Toubro Ltd | 3.56% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 PNB Housing Finance Ltd | 25.8% |
 Interglobe Aviation Ltd | 13.6% |
 Infosys Ltd | 12.1% |
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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
₹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 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 64.12% return, outperforming this fund by 34.48%.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 27.99% return, outperforming this fund by 12.45% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 39.03% return, outperforming this fund by 19.11% per annum.
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 14.48% since inception which is less than its category average return of 16.92%
Fund Allocations
This fund has an allocation of 98.3% in Equity, 0% in Debt and 1.7% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4093 Cr
Expense Ratio 1.6%
This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Sundaram Diversified Equity Fund Direct Growth is ₹234.05 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Sundaram Diversified Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.51% | 2.51% |
6 Month Returns | 14.83% | 14.83% |
1 Year Returns | 29.64% | 29.64% |
3 Years Returns | 54.27% | 15.55% |
5 Years Returns | 147.96% | 19.92% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.6% as on August 2024
₹1678 Cr as on August 2024
HDFC Bank Ltd(7.39%), ICICI Bank Ltd(6.39%), Reliance Industries Ltd(5.94%), Infosys Ltd(4.65%), Larsen & Toubro Ltd(3.56%) as on August 2024
Financial Services(32.42%), Industrial(12.17%), Tech(10.61%) as on August 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 | -6.03 | -1.08 | -2.45 |
As on August 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 | 0.91 | 0.87 | 0.99 |
As on August 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 | 1.93 | 0.85 | 0.78 |
As on August 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 | 10.56 | 11.72 | 18.92 |
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 1.62 as on August 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%