Sundaram large and Mid Cap Fund Direct Growth

Sundaram large and Mid Cap Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 29-10-2024

₹ 94.84

0.3%

1D

Inception Returns

16.6%

/yr

About Sundaram large and Mid Cap Fund Direct Growth

Sundaram large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ravi Gopalakrishnan, Ashish Aggarwal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram large and Mid Cap Fund Direct Growth has ₹7130 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Sundaram large and Mid Cap Fund Direct Growth has given a CAGR return of 16.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.06%, 16.25% and 19.91% respectively.

Holdings

Sundaram large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Consumer Defensive, Energy, Communication, Basic Materials, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, State Bank of India, Infosys Ltd

Taxation

As it is a large & mid-cap 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Sundaram large and Mid Cap Fund Direct Growth

To seek capital appreciation by investing predominantly in equity and equity related instruments in large and mid cap stocks

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram large and Mid Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1828 people have invested ₹ 1Cr in Sundaram large and Mid Cap Fund Direct Growth in the last three months

INDmoney Rank for Sundaram large and Mid Cap Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
img
Beats FD returns for both 3Y & 5Y duration
img
5Y returns in the bottom 25% of the category
img
3Y returns in the bottom 25% of the category

Sundaram large and Mid Cap Fund Direct Growth Overview

Expense ratio0.71%
Benchmark
S&P BSE 200 India TR INR
AUM₹7130 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
29.63%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Oct-24)

Period
Sundaram large and Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-5.8%
-6.9%
-7.1%
3M
-0.4%
-2.6%
-1.8%
6M
12.9%
8.6%
11.5%
1Y
40.1%
36%
40.8%
3Y
16.3%
14.7%
18%
5Y
19.9%
18.9%
22.1%

Fund Distribution

as on (30-Sep-24)

  • Equity 95.6%

  • Debt & Cash 4.4%

Large cap
50.3%

Mid cap
36%

Small cap
8.4%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
21.8%
Consumer Cyclical
18.9%
Industrial
16.3%
Health
9.9%
Tech
7.3%
Consumer Defensive
5.7%
Energy
5.7%
Communication
5.3%
Basic Materials
5.1%
Utilities
2.7%
Real Estate
1.4%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
2.33%
1.68%
3.57%
NIFTY 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 2.33% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
  • This fund outperformed NIFTY 500 by 0.29% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 7.1K Cr
₹ 7.1K Cr
₹ 7K Cr
  • AUM of the fund stands at 7.1K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 1.46% to 1.5%
Persistent Systems Ltd's allocation increased from 1.46% to 1.5%
Top Stocks sold last month
Schaeffler India Ltd's allocation decreased from 5.26 % to 0.97 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 0.97 %
Tata Steel Ltd's allocation decreased from 5.26 % to 0.86 %
Tata Steel Ltd's allocation decreased from 5.26 % to 0.86 %
Canara Bank's allocation decreased from 1.17 % to 0.31 %
Canara Bank's allocation decreased from 1.17 % to 0.31 %
Mid Cap allocation has gone up from 35.6% to 36%
Mid Cap allocation has gone up from 35.6% to 36%
Large Cap allocation has gone up from 50.2% to 50.3%
Large Cap allocation has gone up from 50.2% to 50.3%
Small Cap allocation has gone up from 7.8% to 8.4%
Small Cap allocation has gone up from 7.8% to 8.4%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial

Sep'24
Financial Services
22%
Consumer Cyclical
19%
Industrial
16%
Aug'24
Financial Services
22%
Consumer Cyclical
19%
Industrial
16%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
0.7%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
81
81
76
Top 5 Company Concentration
16.6%
16.6%
16.7%
Company having highest exposure
HDFC Bank Ltd (4.3%)
HDFC Bank Ltd (4.3%)
HDFC Bank Ltd (4.3%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.2%
74.2%
74.6%
Sector having highest exposure
Financial Services (21.8%)
Financial Services (21.8%)
Financial Services (23.1%)
Loading...
We are taking more time than usual
Ravi Gopalakrishnan
Ravi Gopalakrishnan
Fund Manager of Sundaram large and Mid Cap Fund Direct Growth, since 1 January 2022
Ashish Aggarwal
Ashish Aggarwal
Fund Manager of Sundaram large and Mid Cap Fund Direct Growth, since 1 January 2022
Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹67.4K Cr
as on 30-Sep-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

Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 59.46% return, outperforming this fund by 19.4%.
Insights icon
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.83% return, outperforming this fund by 7.92% per annum.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.66% return, outperforming this fund by 10.4% per annum.

Sundaram large and Mid Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.59% since inception which is less than its category average return of 17%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.57% in Equity, 0% in Debt and 4.43% in Cash related instruments
AUM size ₹7130 Cr

AUM size ₹7130 Cr

This fund has AUM of ₹7130 Cr which is less than its category average of ₹ 7524 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions for Sundaram large and Mid Cap Fund Direct Growth

The current NAV of Sundaram large and Mid Cap Fund Direct Growth is ₹94.84 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
Sundaram large and Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-5.84%
-5.84%
6 Month Returns
12.91%
12.91%
1 Year Returns
40.06%
40.06%
3 Years Returns
57.12%
16.25%
5 Years Returns
147.88%
19.91%
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.
0.71% as on September 2024
₹7130 Cr as on September 2024
HDFC Bank Ltd(4.3%), ICICI Bank Ltd(3.84%), Reliance Industries Ltd(3.39%), State Bank of India(2.63%), Infosys Ltd(2.45%) as on September 2024
Financial Services(20.87%), Consumer Cyclical(18.04%), Industrial(15.62%) as on September 2024
The alpha ratio for the Sundaram large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram large and Mid Cap Fund Direct Growth
1.25
-1.03
-2.7
As on September 2024
The alpha for Sundaram large and Mid Cap 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 large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram large and Mid Cap Fund Direct Growth
0.93
0.95
0.99
As on September 2024
The Beta for Sundaram large and Mid Cap 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 large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram large and Mid Cap Fund Direct Growth
2.6
0.97
0.85
As on September 2024
The sharpe ratio for Sundaram large and Mid Cap 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 large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram large and Mid Cap Fund Direct Growth
11.38
12.96
19.7
As on September 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 1.85 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ravi Gopalakrishnan, Ashish Aggarwal are the fund managers of Sundaram large and Mid Cap Fund Direct Growth
The Exit load of Sundaram large and Mid Cap Fund Direct Growth is 1%