Sundaram Nifty 100 Equal Wgt Dir Gr
Equity
Direct
Index Funds
NAV: ₹ 170.15 as on 16-05-2024
About the Fund
Sundaram Nifty 100 Equal Wgt Dir Gr 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 has ₹76 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
1606 people have invested ₹ 20.3L in Sundaram Nifty 100 Equal Wgt Dir Gr in the last three months
Overview
 | 0.57% |
 Benchmark | NIFTY 100 Equal Weighted Index TR INR |
 | ₹76 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 40.53% |
Sundaram Nifty 100 Equal Wgt Dir Gr Distribution as on (30-Apr-24)
Size breakup
Large cap
88.7%
Mid cap
6.9%
Sector Allocation
Financial Services
24%
Basic Materials
13.4%
Consumer Cyclical
12%
Consumer Defensive
11.6%
Industrial
9.7%
Utilities
8.3%
Health
6.6%
Energy
5.9%
Tech
5.4%
Communication
2.1%
Real Estate
1%
Top Holdings of Sundaram Nifty 100 Equal Wgt Dir Gr as on (30-Apr-24)
Equity Holdings101
Debt Holdings1
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Vedanta Ltd | 15.7% |
 Hindustan Aeronautics Ltd | 12.4% |
 Eicher Motors Ltd | 6.7% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 3.32% whereas the fund’s underlying benchmark Nifty 100 Equal Weight returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty 100 Equal Weight by 2.69% in Apr'24
AUM Change
- AUM of the fund stands at 76.3 Cr as of Apr'24
- AUM increased by 6.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has experienced a 17.6% growth in AUM moving from 64.9 Cr to 76.32 Cr.
In the last 3 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.57% which is lower than the category average expense ratio of 0.65%.
In the last 1 year, HDFC Nifty 100 Equal Weight Index Fund Direct Growth has given 46.32% return, outperforming this fund by 0.55%.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Rohit Seksaria
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr, since 1 January 2022
Top funds managed
Ashish Aggarwal
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr, since 1 January 2022
Top funds managed
Sundaram Nifty 100 Equal Wgt Dir Gr 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 13.34% since inception which is less than its category average return of 18.23%
Fund Allocations
This fund has an allocation of 95.6% in Equity, 0% in Debt and 4.4% in Cash related instruments
AUM size ₹76 Cr
This fund has AUM of ₹76 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.57%
This fund has an expense ratio of 0.57% which is more than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of Sundaram Nifty 100 Equal Wgt Dir Gr is ₹170.15 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Sundaram Nifty 100 Equal Wgt Dir Gr | Absolute Returns | CAGR Returns |
1 Month Returns | 1.07% | 1.07% |
6 Month Returns | 29.1% | 29.1% |
1 Year Returns | 45.77% | 45.77% |
3 Years Returns | 73.62% | 20.19% |
5 Years Returns | 139.67% | 19.1% |
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.
0.57% as on April 2024
₹76 Cr as on April 2024
Vedanta Ltd(1.33%), Hindustan Aeronautics Ltd Ordinary Shares(1.13%), InterGlobe Aviation Ltd(1.1%), GAIL (India) Ltd(1.1%), Hindalco Industries Ltd(1.08%) as on April 2024
Financial Services(22.93%), Basic Materials(12.76%), Consumer Cyclical(11.49%) as on April 2024
The alpha ratio for the Sundaram Nifty 100 Equal Wgt Dir Gr for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | - | - | - |
As on April 2024
The alpha for Sundaram Nifty 100 Equal Wgt Dir Gr 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 for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | - | - | - |
As on April 2024
The Beta for Sundaram Nifty 100 Equal Wgt Dir Gr 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 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 | 2.92 | 1.07 | 0.68 |
As on April 2024
The sharpe ratio for Sundaram Nifty 100 Equal Wgt Dir Gr 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 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 | 11.66 | 14.12 | 19.4 |
As on April 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 2.02 as on April 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
The Exit load of Sundaram Nifty 100 Equal Wgt Dir Gr is 0%