Sundaram Services Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-12-2024
₹ 35.7
1D
Inception Returns
22.6%
/yr
About Sundaram Services Fund Direct Growth
Sundaram Services Fund Direct Growth is an equity fund. This fund was started on 21 September, 2018. The fund is managed by Rohit Seksaria, S. Bharath. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Services Fund Direct Growth has ₹3907 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
Sundaram Services Fund Direct Growth has given a CAGR return of 22.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.03%, 18.30% and 23.10% respectively.
Holdings
Sundaram Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Communication, Consumer Cyclical, Health, Tech, Industrial, Energy, Real Estate. Its top holdings are Bharti Airtel Ltd, HDFC Bank Ltd, Bajaj Finance Ltd, Reliance Industries Ltd, ICICI Bank Ltd
Taxation
As it is a equity - other 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 Services Fund Direct Growth
To seek capital appreciation by investing in equity / equity related instruments of companies who drive a majoirty of their income from business predominantly in the Services sector of the economy. however, there can be no assurance that the investment objective of the Scheme will be realized. Services sector includes healthcare, Fitness, tourism & hospitality, transportation & Logistics, education, Staffing, Wealth management, media, Retail, aviation, Legal, architecture, Design services etc.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Services Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Sundaram Services Fund Direct Growth
Sundaram Services Fund Direct Growth Overview
| Expense ratio | 0.76% |
Benchmark | IISL Nifty Services Sector TR INR |
| AUM | ₹3907 Cr |
| Inception Date | 21 September, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 48.15% |
| 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 (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.28% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.88% in Nov'24
- AUM of the fund stands at 3.9K Cr as of Nov'24
- AUM increased by 31.8 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Government & Communication
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 8.11% | 0% | |
 HDFC Bank Ltd | 5.24% | 1.4% | |
 Bajaj Finance Ltd | 4.7% | 2.2% | |
 Reliance Industries Ltd | 4.33% | 0% | |
 ICICI Bank Ltd | 3.86% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Info Edge (India) Ltd | 16.4% |
 Aster DM Healthcare Ltd | 14.3% |
 Zomato Ltd | 7.6% |
Sundaram Services Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹3907 Cr
Expense Ratio 0.76%
Frequently Asked Questions for Sundaram Services Fund Direct Growth
Sundaram Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.52% | 4.52% |
6 Month Returns | 10.44% | 10.44% |
1 Year Returns | 22.03% | 22.03% |
3 Years Returns | 65.57% | 18.3% |
5 Years Returns | 182.68% | 23.1% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Services Fund Direct Growth | 0.95 | 5.94 | 8.25 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Services Fund Direct Growth | 0.9 | 0.9 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Services Fund Direct Growth | 1.39 | 0.84 | 0.89 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Services Fund Direct Growth | 12.1 | 13.33 | 19.87 |