Sundaram Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 20-02-2025
₹ 1310.64
▲1.4%
1D
Inception Returns
18.2%
/yr
About Sundaram Mid Cap Fund Direct Growth
Sundaram Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by S. Bharath, Ratish Varier. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Mid Cap Fund Direct Growth has ₹11638 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Sundaram Mid Cap Fund Direct Growth has given a CAGR return of 18.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.13%, 21.99% and 20.26% respectively.
Holdings
Sundaram Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Real Estate, Consumer Defensive, Communication, Utilities, Corporate, Energy, Government. Its top holdings are Cummins India Ltd, The Federal Bank Ltd, Coromandel International Ltd, Kalyan Jewellers India Ltd, Persistent Systems Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Sundaram Mid Cap Fund Direct Growth
The objective of the scheme is to achieve capital appreciation by investing predominantly in stocks that are termed as mid caps.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
5877 people have invested ₹ 2.8Cr in Sundaram Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Mid Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Sundaram Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.93% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹11638 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 42.36% |
| 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-Feb-25)
Fund Distribution
as on (31-Jan-25)
Mid cap
65.3%
Large cap
16.3%
Small cap
13%
Sector Allocation
Financial Services
20.6%
Consumer Cyclical
19.4%
Industrial
16.2%
Health
11.7%
Basic Materials
10.6%
Tech
6.8%
Real Estate
3.6%
Consumer Defensive
3.6%
Communication
3.5%
Utilities
2.2%
Energy
1.8%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 12.6K Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top Stocks bought last month
ZF Commercial Vehicle Control Systems India Ltd's allocation increased from 0.4% to 0.95%
Astral Ltd's allocation increased from 0.66% to 1.13%
Indian Bank's allocation increased from 1.91% to 2.34%
Top Stocks sold last month
Cummins India Ltd's allocation decreased from 3.2 % to 3.16 %
Kalyan Jewellers India Ltd's allocation decreased from 3.65 % to 2.6 %
Lupin Ltd's allocation decreased from 2.59 % to 2.41 %
Large Cap allocation has gone up from 12.7% to 16.3%
Small Cap allocation has gone down from 13.2% to 13%
Mid Cap allocation has gone down from 67.8% to 65.3%
Cash allocation has gone down from 5.7% to 5.4%
Top 3 Sectors in January were Financial Services, Consumer Cyclical & Industrial
Jan'25
Financial Services
21%
Consumer Cyclical
19%
Industrial
16%
Dec'24
Financial Services
20%
Consumer Cyclical
20%
Industrial
17%
Top Growth Drivers | 1M Return |
|---|---|
 Navin Fluorine International Ltd | 7.1% |
 Mahindra & Mahindra Financial Services Ltd | 4% |
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S. Bharath
Fund Manager of Sundaram Mid Cap Fund Direct Growth, since 24 February 2021
Top funds managed
Ratish Varier
Fund Manager of Sundaram Mid Cap Fund Direct Growth, since 24 February 2021
Top funds managed
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
Total AUM
₹68.69K Cr
as on 31-Jan-2025
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 3 years, Motilal Oswal Midcap Direct Growth has given 29.5% return, outperforming this fund by 7.51% per annum.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.93% which is lower than the category average expense ratio of 1.15%.
Over the last 1 month, this fund has experienced a 7.8% drop in AUM moving from 12.61K Cr to 11.63K Cr.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 23.85% return, outperforming this fund by 13.72%.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 29.77% return, outperforming this fund by 9.51% per annum.
Sundaram Mid Cap 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 18.15% since inception which is less than its category average return of 19.17%
Fund Allocations
This fund has an allocation of 94.63% in Equity, 0% in Debt and 5.37% in Cash related instruments
AUM size ₹11638 Cr
This fund has AUM of ₹11638 Cr which is less than its category average of ₹ 11898 Cr
Expense Ratio 0.93%
This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for Sundaram Mid Cap Fund Direct Growth
The current NAV of Sundaram Mid Cap Fund Direct Growth is ₹1310.64 as on 20-Feb-2025.
Existing (Absolute + CAGR) as on 20-Feb-2025.
Sundaram Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.15% | -7.15% |
6 Month Returns | -10.67% | -10.67% |
1 Year Returns | 10.13% | 10.13% |
3 Years Returns | 81.53% | 21.99% |
5 Years Returns | 151.54% | 20.26% |
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.
0.93% as on January 2025
₹11638 Cr as on January 2025
Cummins India Ltd(3.16%), The Federal Bank Ltd(3.1%), Coromandel International Ltd(2.72%), Kalyan Jewellers India Ltd(2.6%), Persistent Systems Ltd(2.51%) as on January 2025
Financial Services(19.52%), Consumer Cyclical(18.4%), Industrial(15.29%) as on January 2025
The alpha ratio for the Sundaram Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Mid Cap Fund Direct Growth | 6.83 | 2.7 | -1.39 |
As on January 2025
The alpha for Sundaram Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Mid Cap Fund Direct Growth | 0.98 | 0.91 | 0.93 |
As on January 2025
The Beta for Sundaram Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 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 Mid Cap Fund Direct Growth | 0.78 | 1.04 | 0.82 |
As on January 2025
The sharpe ratio for Sundaram Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 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 Mid Cap Fund Direct Growth | 15.28 | 15.21 | 21.12 |
As on January 2025
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 January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.47 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
S. Bharath, Ratish Varier are the fund managers of Sundaram Mid Cap Fund Direct Growth
The Exit load of Sundaram Mid Cap Fund Direct Growth is 1%