Sundaram Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 1499.77
▲0.4%
1D
Inception Returns
20.4%
/yr
About the Fund
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 ₹12465 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
Sundaram Mid Cap Fund Direct Growth has given a CAGR return of 20.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 54.68%, 26.94% and 28.55% respectively.
Holdings
Sundaram Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Utilities, Corporate, Consumer Defensive, Real Estate, Communication, Energy, Government. Its top holdings are Kalyan Jewellers India Ltd, Cummins India Ltd, The Federal Bank Ltd, Tube Investments of India Ltd Ordinary Shares, Trent 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 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 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
Annualised
▲
▼
3846 people have invested ₹ 2.2Cr in Sundaram Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
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Beats FD returns for both 3Y & 5Y duration
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Fund Overview
| Expense ratio | 0.91% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹12465 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 42.36% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Mid cap
69.8%
Large cap
14%
Small cap
10.9%
Sector Allocation
Industrial
21%
Financial Services
20.2%
Consumer Cyclical
19.5%
Health
11.4%
Basic Materials
10%
Tech
6.4%
Utilities
3%
Consumer Defensive
2.8%
Real Estate
2.4%
Communication
1.9%
Energy
1.5%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 5.96% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.95% as on Jul'24
- This fund outperformed Nifty Midcap 150 by 2.01% in Jul'24
- AUM of the fund stands at 12.5K Cr as of Jul'24
- AUM increased by 644.5 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Kalyan Jewellers India Ltd's allocation increased from 3.54% to 3.86%
Torrent Power Ltd's allocation increased from 1.7% to 2.01%
Computer Age Management Services Ltd Ordinary Shares's allocation increased from 1.23% to 1.47%
Top Stocks sold last month
Cummins India Ltd's allocation decreased from 4.16 % to 3.83 %
Tube Investments of India Ltd Ordinary Shares's allocation decreased from 3.27 % to 3.22 %
Trent Ltd's allocation decreased from 3.03 % to 2.92 %
Large Cap allocation has gone down from 15.5% to 15.2%
Cash allocation has gone up from 4.7% to 4.9%
Top 3 Sectors in July were Industrial, Financial Services & Consumer Cyclical
Jul'24
Industrial
21%
Financial Services
20%
Consumer Cyclical
20%
Jun'24
Industrial
22%
Financial Services
21%
Consumer Cyclical
20%
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.5% |
 Kalyan Jewellers India Ltd | 20.1% |
PB Fintech Ltd | 17.4% |
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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
₹45.49K Cr
as on 31-Jul-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 3 years, Motilal Oswal Midcap Direct Growth has given 38.85% return, outperforming this fund by 11.92% per annum.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.91% which is lower than the category average expense ratio of 1.13%.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 39.63% return, outperforming this fund by 11.07% per annum.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 62.42% return, outperforming this fund by 7.74%.
Over the last 6 months, this fund has experienced a 23.3% growth in AUM moving from 10.11K Cr to 12.46K Cr.
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 20.43% since inception which is less than its category average return of 20.69%
Fund Allocations
This fund has an allocation of 95.13% in Equity, 0% in Debt and 4.87% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 9355 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Sundaram Mid Cap Fund Direct Growth is ₹1499.77 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Sundaram Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.32% | 8.32% |
6 Month Returns | 27.86% | 27.86% |
1 Year Returns | 54.68% | 54.68% |
3 Years Returns | 104.54% | 26.94% |
5 Years Returns | 251.07% | 28.55% |
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.
0.91% as on August 2024
₹12465 Cr as on August 2024
Kalyan Jewellers India Ltd(3.86%), Cummins India Ltd(3.83%), The Federal Bank Ltd(3.23%), Tube Investments of India Ltd Ordinary Shares(3.22%), Trent Ltd(2.92%) as on August 2024
Industrial(19.95%), Financial Services(19.25%), Consumer Cyclical(18.56%) as on August 2024
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 | 9.43 | 2.05 | -1.39 |
As on August 2024
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 | 0.84 | 0.87 | 0.93 |
As on August 2024
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 | 3.23 | 1.44 | 1.08 |
As on August 2024
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 | 12.08 | 13.73 | 20.48 |
As on August 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 3.27 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
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%