Sundaram Financial Services Opportunities Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV as on 20-12-2024
₹ 105.51
1D
Inception Returns
14.5%
/yr
About Sundaram Financial Services Opportunities Fund Direct Growth
Sundaram Financial Services Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rohit Seksaria, Ashish Aggarwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Financial Services Opportunities Fund Direct Growth has ₹1450 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Sundaram Financial Services Opportunities Fund Direct Growth has given a CAGR return of 14.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.00%, 20.25% and 16.22% respectively.
Holdings
Sundaram Financial Services Opportunities Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Bajaj Finance Ltd, State Bank of India
Taxation
As it is a sector - financial services 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 Financial Services Opportunities Fund Direct Growth
To seek long-term capital appreciation by investing predominantly in equity and equity related securities of Indian companies engaged in the banking and financial services sector.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Financial Services Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1800 people have invested ₹ 94.7L in Sundaram Financial Services Opportunities Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Financial Services Opportunities Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Sundaram Financial Services Opportunities Fund Direct Growth Overview
| Expense ratio | 0.78% |
Benchmark | S&P BSE BANKEX INR |
| AUM | ₹1450 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 70.91% |
| 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
63.7%
Small cap
26.6%
Mid cap
4.6%
Sector Allocation
Financial Services
100%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.26% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.66% in Nov'24
- AUM of the fund stands at 1.4K Cr as of Nov'24
- AUM decreased by 3.1 Cr between Nov'24 and Oct'24
Top Stocks bought last month
PNB Housing Finance Ltd's allocation increased from 2.21% to 3.51%
IndusInd Bank Ltd's allocation increased from 2.12% to 3.25%
HDFC Bank Ltd's allocation increased from 13.03% to 13.67%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 9.06 % to 8.9 %
Bajaj Finance Ltd's allocation decreased from 5.39 % to 5.3 %
Shriram Finance Ltd's allocation decreased from 3.85 % to 3.71 %
Mid Cap allocation has gone down from 6.8% to 4.6%
Large Cap allocation has gone up from 61.2% to 63.7%
Small Cap allocation has gone down from 27.3% to 26.6%
Cash allocation has gone up from 3.8% to 4.1%
Debt allocation has gone up from 1% to 1%
Top 2 Sectors in November were Financial Services, Government
Nov'24
Financial Services
100%
Government
19%
Oct'24
Financial Services
100%
Government
21%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.67% | 1.1% | |
 ICICI Bank Ltd | 13.32% | 0% | |
 Axis Bank Ltd | 8.9% | 0% | |
 Bajaj Finance Ltd | 5.3% | 2.8% | |
 State Bank of India | 5.12% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 4.4% |
 HDFC Bank Ltd | 3.9% |
 Power Finance Corporation Ltd | 3.3% |
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Rohit Seksaria
Fund Manager of Sundaram Financial Services Opportunities Fund Direct Growth, since 30 December 2017
Top funds managed
Ashish Aggarwal
Fund Manager of Sundaram Financial Services Opportunities Fund Direct Growth, since 1 January 2022
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 1 year, Invesco India Financial Services Fund Direct Plan Growth has given 23.15% return, outperforming this fund by 13.15%.
In the last 5 years, Invesco India Financial Services Fund Direct Plan Growth has given 16.84% return, outperforming this fund by 0.62% per annum.
This fund expense ratio is slightly on the lower side within the category (sector - financial services). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.04%.
In the last 3 years, Invesco India Financial Services Fund Direct Plan Growth has given 22.05% return, outperforming this fund by 1.8% per annum.
Sundaram Financial Services Opportunities 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 14.47% since inception which is less than its category average return of 15.39%
Fund Allocations
This fund has an allocation of 94.89% in Equity, 0.98% in Debt and 4.12% in Cash related instruments
AUM size ₹1450 Cr
This fund has AUM of ₹1450 Cr which is less than its category average of ₹ 1757 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Sundaram Financial Services Opportunities Fund Direct Growth
The current NAV of Sundaram Financial Services Opportunities Fund Direct Growth is ₹105.51 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Sundaram Financial Services Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.05% | 2.05% |
6 Month Returns | -1.13% | -1.13% |
1 Year Returns | 10% | 10% |
3 Years Returns | 73.88% | 20.25% |
5 Years Returns | 112.03% | 16.22% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.78% as on November 2024
₹1450 Cr as on November 2024
HDFC Bank Ltd(13.67%), ICICI Bank Ltd(13.32%), Axis Bank Ltd(8.9%), Bajaj Finance Ltd(5.3%), State Bank of India(5.12%) as on November 2024
The alpha ratio for the Sundaram Financial Services Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Financial Services Opportunities Fund Direct Growth | 0.46 | 7.32 | 4.61 |
As on November 2024
The alpha for Sundaram Financial Services Opportunities Fund Direct Growth is calculated against S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Financial Services Opportunities Fund Direct Growth | 0.86 | 0.94 | 0.97 |
As on November 2024
The Beta for Sundaram Financial Services Opportunities Fund Direct Growth is calculated with S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Financial Services Opportunities Fund Direct Growth | 0.95 | 0.93 | 0.56 |
As on November 2024
The sharpe ratio for Sundaram Financial Services Opportunities Fund Direct Growth is calculated with S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Financial Services Opportunities Fund Direct Growth | 12.37 | 14.43 | 24.46 |
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 1.9 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.63 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Ashish Aggarwal are the fund managers of Sundaram Financial Services Opportunities Fund Direct Growth
The Exit load of Sundaram Financial Services Opportunities Fund Direct Growth is 0.5%