Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 18-10-2024
₹ 188.21
▲0.4%
1D
Inception Returns
13.9%
/yr
About Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashish Aggarwal, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has given a CAGR return of 13.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.96%, 15.98% and 20.87% respectively.
Holdings
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Basic Materials, Consumer Cyclical, Industrial, Utilities, Health, Tech, Energy, Communication, Real Estate. Its top holdings are Trent Ltd, Colgate-Palmolive (India) Ltd, Infosys Ltd, SBI Life Insurance Co Ltd, HDFC Life Insurance Co Ltd
Taxation
As it is a index funds 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
To invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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2000 people have invested ₹ 21L in Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Nifty 100 Equal Wgt Dir Gr 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
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth Overview
| Expense ratio | 0.56% |
Benchmark | NIFTY 100 Equal Weighted Index TR INR |
| AUM | ₹96 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 42.15% |
| 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 |
Fund Distribution
as on (30-Sep-24)
Large cap
88.5%
Mid cap
9.2%
Sector Allocation
Financial Services
23.6%
Consumer Defensive
12.4%
Basic Materials
12.3%
Consumer Cyclical
12.3%
Industrial
8.3%
Utilities
7.6%
Health
7.5%
Tech
6.7%
Energy
6.2%
Communication
2.1%
Real Estate
1%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.34% whereas the fund’s underlying benchmark Nifty 100 Equal Weight returns stands at 2.11% as on Sep'24
- This fund outperformed Nifty 100 Equal Weight by 0.23% in Sep'24
- AUM of the fund stands at 95.7 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks sold last month
Bajaj Finserv Ltd's allocation decreased from 5.26 % to 1.01 %
Eicher Motors Ltd's allocation decreased from 5.26 % to 0.97 %
Nestle India Ltd's allocation decreased from 0.97 % to 0.91 %
Mid Cap allocation has gone up from 6.8% to 9.2%
Large Cap allocation has gone down from 90.9% to 88.5%
Top 3 Sectors in September were Financial Services, Consumer Defensive & Basic Materials
Sep'24
Financial Services
24%
Consumer Defensive
12%
Basic Materials
12%
Aug'24
Financial Services
24%
Consumer Defensive
12%
Basic Materials
12%
See all
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Ashish Aggarwal
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth, since 1 January 2022
Top funds managed
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
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
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.56% which is lower than the category average expense ratio of 0.67%.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, HDFC Nifty 100 Equal Weight Index Fund Direct Growth has given 45.56% return, outperforming this fund by 0.6%.
In the last 5 years, this fund has outperformed all funds in its category.
Sundaram Nifty 100 Equal Wgt Dir Gr 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 13.89% since inception which is less than its category average return of 19.83%
Fund Allocations
This fund has an allocation of 97.65% in Equity, 0% in Debt and 2.35% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 854 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is more than its category average expense ratio of 0.51%
Frequently Asked Questions for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
The current NAV of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is ₹188.21 as on 18-Oct-2024.
Existing (Absolute + CAGR) as on 18-Oct-2024.
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.3% | -2.3% |
6 Month Returns | 15.31% | 15.31% |
1 Year Returns | 44.96% | 44.96% |
3 Years Returns | 56.03% | 15.98% |
5 Years Returns | 157.99% | 20.87% |
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.
0.56% as on September 2024
₹96 Cr as on September 2024
Trent Ltd(1.23%), Colgate-Palmolive (India) Ltd(1.18%), Infosys Ltd(1.16%), SBI Life Insurance Co Ltd(1.15%), HDFC Life Insurance Co Ltd(1.14%) as on September 2024
Financial Services(23.04%), Consumer Defensive(12.06%), Basic Materials(12.05%) as on September 2024
The alpha ratio for the Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | - | - | - |
As on September 2024
The alpha for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated against NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | - | - | - |
As on September 2024
The Beta for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | 3.24 | 0.97 | 0.91 |
As on September 2024
The sharpe ratio for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | 11.17 | 13.83 | 19.04 |
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 1.78 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Aggarwal, Rohit Seksaria are the fund managers of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
The Exit load of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is 0%