Sundaram Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 05-09-2024
₹ 77.78
Inception Returns
10.5%
/yr
About the Fund
Sundaram Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sudhir Kedia, Rohit Seksaria. This fund gives you the benefit of diversification.
Key Parameters
- Sundaram Equity Savings Fund Direct Growth has ₹882 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Sundaram Equity Savings Fund Direct Growth has given a CAGR return of 10.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.86%, 13.75% and 15.45% respectively.
Holdings
Sundaram Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Tech, Energy, Industrial, Communication, Health, Basic Materials, Corporate, Consumer Defensive, Utilities, Real Estate.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Sundaram Equity Savings Fund Direct Growth
The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.54% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹882 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 431.04% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderate Risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 881.6 Cr as of Jul'24
- AUM increased by 40.5 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Government & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.78% | 0% | |
 Reliance Industries Ltd | 6.16% | 0% | |
 Infosys Ltd | 4.35% | 0% | |
 Bharti Airtel Ltd | 4.06% | 0% | |
 IndusInd Bank Ltd | 3.76% | 0% |
Mutual Fund Insights
Sundaram Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.54%
Frequently Asked Questions
Sundaram Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.29% | 2.29% |
6 Month Returns | 10.18% | 10.18% |
1 Year Returns | 20.86% | 20.86% |
3 Years Returns | 47.19% | 13.75% |
5 Years Returns | 105.07% | 15.45% |
- 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.
AAA | 100 |