Sundaram Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 28-11-2024
₹ 148.33
▲0.5%
1D
Inception Returns
15.7%
/yr
About Sundaram Dividend Yield Fund Direct Growth
Sundaram Dividend Yield 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 Dividend Yield Fund Direct Growth has ₹933 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Sundaram Dividend Yield Fund Direct Growth has given a CAGR return of 15.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.85%, 19.77% and 21.61% respectively.
Holdings
Sundaram Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Utilities, Energy, Consumer Defensive, Consumer Cyclical, Health, Basic Materials, Communication. Its top holdings are HDFC Bank Ltd, Infosys Ltd, ICICI Bank Ltd, NTPC Ltd, Tata Consultancy Services Ltd
Taxation
As it is a dividend yield 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 Dividend Yield Fund Direct Growth
The investment objective of the scheme would be to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Sundaram Dividend Yield Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
97 people have invested ₹ 4.8L in Sundaram Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Dividend Yield 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 Dividend Yield Fund Direct Growth Overview
| Expense ratio | 0.99% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹933 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 31.95% |
| 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 (28-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
68.1%
Mid cap
13.1%
Small cap
12.9%
Sector Allocation
Financial Services
22.7%
Tech
14%
Industrial
12.8%
Utilities
12.2%
Energy
8.3%
Consumer Defensive
8.3%
Consumer Cyclical
8%
Health
6.6%
Basic Materials
4.8%
Communication
2.3%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.02% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.49% in Oct'24
- AUM of the fund stands at 932.8 Cr as of Oct'24
- AUM decreased by 53.8 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.56% to 6.05%
ICICI Bank Ltd's allocation increased from 3.21% to 3.88%
The Federal Bank Ltd's allocation increased from 0.69% to 1.09%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.24 % to 4.05 %
NTPC Ltd's allocation decreased from 4.64 % to 3.68 %
Tata Consultancy Services Ltd's allocation decreased from 3 % to 2.55 %
Mid Cap allocation has gone up from 8.5% to 13.1%
Large Cap allocation has gone down from 74.4% to 68.1%
Small Cap allocation has gone up from 11.8% to 12.9%
Cash allocation has gone up from 4.9% to 5.8%
Top 3 Sectors in October were Financial Services, Utilities & Tech
Oct'24
Financial Services
23%
Tech
14%
Industrial
13%
Sep'24
Financial Services
20%
Utilities
13%
Tech
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.05% | 6.6% | |
 Infosys Ltd | 4.05% | 0% | |
 ICICI Bank Ltd | 3.88% | 8.5% | |
 NTPC Ltd | 3.68% | -9.2% | |
 Tata Consultancy Services Ltd | 2.55% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 9.4% |
 State Bank of India | 6% |
 Aster DM Healthcare Ltd | 0.3% |
Loading...
We are taking more time than usual
Ashish Aggarwal
Fund Manager of Sundaram Dividend Yield Fund Direct Growth, since 1 January 2022
Top funds managed
Ratish Varier
Fund Manager of Sundaram Dividend Yield 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
This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 0.99% which is lower than the category average expense ratio of 1.38%.
Over the last 1 month, this fund has experienced a 5.5% drop in AUM moving from 986.68 Cr to 932.84 Cr.
In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 49% return, outperforming this fund by 16.15%.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 27.65% return, outperforming this fund by 6.05% per annum.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 26.65% return, outperforming this fund by 6.88% per annum.
Sundaram Dividend Yield 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 15.67% since inception which is less than its category average return of 17.17%
Fund Allocations
This fund has an allocation of 94.19% in Equity, 0% in Debt and 5.81% in Cash related instruments
AUM size ₹933 Cr
This fund has AUM of ₹933 Cr which is less than its category average of ₹ 3337 Cr
Expense Ratio 0.99%
This fund has an expense ratio of 0.99% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions for Sundaram Dividend Yield Fund Direct Growth
The current NAV of Sundaram Dividend Yield Fund Direct Growth is ₹148.33 as on 28-Nov-2024.
Existing (Absolute + CAGR) as on 28-Nov-2024.
Sundaram Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.32% | 1.32% |
6 Month Returns | 6.43% | 6.43% |
1 Year Returns | 32.85% | 32.85% |
3 Years Returns | 71.82% | 19.77% |
5 Years Returns | 165.95% | 21.61% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.99% as on October 2024
₹933 Cr as on October 2024
HDFC Bank Ltd(6.05%), Infosys Ltd(4.05%), ICICI Bank Ltd(3.88%), NTPC Ltd(3.68%), Tata Consultancy Services Ltd(2.55%) as on October 2024
Financial Services(21.34%), Tech(13.17%), Industrial(12.02%) as on October 2024
The alpha ratio for the Sundaram Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Dividend Yield Fund Direct Growth | 2.44 | 3.58 | 3.57 |
As on October 2024
The alpha for Sundaram Dividend Yield 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 Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Dividend Yield Fund Direct Growth | 1.02 | 0.87 | 0.82 |
As on October 2024
The Beta for Sundaram Dividend Yield 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 Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Dividend Yield Fund Direct Growth | 2.02 | 0.98 | 0.98 |
As on October 2024
The sharpe ratio for Sundaram Dividend Yield 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 Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Dividend Yield Fund Direct Growth | 14.03 | 12.41 | 16.13 |
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 1.81 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.76 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashish Aggarwal, Ratish Varier are the fund managers of Sundaram Dividend Yield Fund Direct Growth
The Exit load of Sundaram Dividend Yield Fund Direct Growth is 1%