Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 29-11-2024
₹ 178.93
1D
Inception Returns
13.2%
/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 Rohit Seksaria, Ashish Aggarwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has ₹95 Cr worth of assets under management (AUM) as on Oct 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 13.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.82%, 16.71% and 18.61% respectively.
Holdings
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Industrial, Utilities, Consumer Defensive, Health, Tech, Energy, Communication, Real Estate. Its top holdings are Divi's Laboratories Ltd, State Bank of India, Bank of Baroda, Wipro Ltd, Tech Mahindra 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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2080 people have invested ₹ 21.3L 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 | Nifty100 Equal Weight TR INR |
| AUM | ₹95 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 (31-Oct-24)
Large cap
95.5%
Mid cap
4%
Sector Allocation
Financial Services
24.3%
Consumer Cyclical
11.6%
Basic Materials
11.3%
Industrial
10%
Utilities
9.7%
Consumer Defensive
9.5%
Health
7.5%
Tech
6.3%
Energy
5.9%
Communication
2%
Real Estate
1.9%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -8.21% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
- This fund underperformed Nifty 50 by 2.04% in Oct'24
- AUM of the fund stands at 94.9 Cr as of Oct'24
- AUM decreased by 0.7 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Bank of Baroda's allocation increased from 0.81% to 1.11%
State Bank of India's allocation increased from 0.88% to 1.13%
Siemens Ltd's allocation increased from 0.83% to 1.06%
Top Stocks sold last month
Eicher Motors Ltd's allocation decreased from 5.26 % to 1.09 %
HDFC Life Insurance Co Ltd's allocation decreased from 1.14 % to 1.09 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 1.1 % to 1.08 %
Large Cap allocation has gone up from 88.5% to 95.5%
Mid Cap allocation has gone down from 9.2% to 4%
Cash allocation has gone down from 2.4% to 0.6%
Top 3 Sectors in October were Financial Services, Consumer Defensive & Basic Materials
Oct'24
Financial Services
24%
Consumer Cyclical
12%
Basic Materials
11%
Sep'24
Financial Services
24%
Consumer Defensive
12%
Basic Materials
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 5.3% |
 Divis Laboratories Ltd | 3.2% |
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Rohit Seksaria
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth, since 1 January 2022
Top funds managed
Ashish Aggarwal
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
₹70.43K Cr
as on 31-Oct-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 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 19.36% return, outperforming this fund by 0.75% per annum.
Over the last 6 months, this fund has experienced a 24.4% growth in AUM moving from 76.32 Cr to 94.93 Cr.
In the last 3 years, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth has given 19.99% return, outperforming this fund by 3.28% per annum.
In the last 1 year, UTI Nifty 500 Value 50 Index Fund Direct Growth has given 45.43% return, outperforming this fund by 13.61%.
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 13.19% since inception which is less than its category average return of 15.46%
Fund Allocations
This fund has an allocation of 99.42% in Equity, 0% in Debt and 0.58% in Cash related instruments
AUM size ₹95 Cr
This fund has AUM of ₹95 Cr which is less than its category average of ₹ 818 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is more than its category average expense ratio of 0.54%
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 ₹178.93 as on 29-Nov-2024.
Existing (Absolute + CAGR) as on 29-Nov-2024.
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.64% | -1.64% |
6 Month Returns | 1.73% | 1.73% |
1 Year Returns | 31.82% | 31.82% |
3 Years Returns | 58.98% | 16.71% |
5 Years Returns | 134.72% | 18.61% |
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0.56% as on October 2024
₹95 Cr as on October 2024
Divi's Laboratories Ltd(1.19%), State Bank of India(1.13%), Bank of Baroda(1.11%), Wipro Ltd(1.11%), Tech Mahindra Ltd(1.1%) as on October 2024
Financial Services(24.14%), Consumer Cyclical(11.58%), Basic Materials(11.19%) as on October 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 | -0.25 | -0.46 | -1.14 |
As on October 2024
The alpha for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated against Nifty100 Equal Weight 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 | 0.97 | 0.98 | 1 |
As on October 2024
The Beta for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with Nifty100 Equal Weight 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 | 1.99 | 0.71 | 0.74 |
As on October 2024
The sharpe ratio for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with Nifty100 Equal Weight 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 | 15.31 | 14.92 | 19.47 |
As on October 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 1.17 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Rohit Seksaria, Ashish Aggarwal 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%