Sundaram Services Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-11-2024
₹ 34.15
▲0.6%
1D
Inception Returns
22.1%
/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, Ravi Gopalakrishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Services Fund Direct Growth has ₹3875 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Sundaram Services Fund Direct Growth has given a CAGR return of 22.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.62%, 14.76% and 22.47% respectively.
Holdings
Sundaram Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Communication, Consumer Cyclical, Health, Tech, Energy, Industrial, 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
Annualised
▲
▼
1599 people have invested ₹ 74.5L in Sundaram Services Fund Direct Growth in the last three months
INDmoney Rank for Sundaram Services Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Sundaram Services Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | IISL Nifty Services Sector TR INR |
| AUM | ₹3875 Cr |
| Inception Date | 21 September, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 48.15% |
| 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
44%
Small cap
33.8%
Mid cap
16.7%
Sector Allocation
Financial Services
43.2%
Communication
16.2%
Consumer Cyclical
13%
Health
8.4%
Tech
8.2%
Energy
4.7%
Industrial
4.4%
Real Estate
1.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.78% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.73% in Oct'24
- AUM of the fund stands at 3.9K Cr as of Oct'24
- AUM decreased by 16 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Multi Commodity Exchange of India Ltd's allocation increased from 1.75% to 3.3%
Bajaj Finance Ltd's allocation increased from 3.62% to 4.86%
Zomato Ltd's allocation increased from 1.67% to 2.41%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.21 % to 5.03 %
Reliance Industries Ltd's allocation decreased from 4.82 % to 4.5 %
ICICI Prudential Life Insurance Co Ltd's allocation decreased from 2.77 % to 2.74 %
Large Cap allocation has gone up from 41.7% to 44%
Small Cap allocation has gone up from 32.5% to 33.8%
Mid Cap allocation has gone down from 20.5% to 16.7%
Cash allocation has gone down from 4.3% to 3.8%
Debt allocation has gone up from 0.2% to 1%
Top 3 Sectors in October were Financial Services, Communication & Consumer Cyclical
Oct'24
Financial Services
43%
Government
20%
Communication
16%
Sep'24
Financial Services
44%
Communication
18%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 8.1% | -1.7% | |
 HDFC Bank Ltd | 5.03% | 0% | |
 Bajaj Finance Ltd | 4.86% | 0% | |
 Reliance Industries Ltd | 4.5% | 0% | |
 ICICI Bank Ltd | 3.87% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Aster DM Healthcare Ltd | 1.1% |
Loading...
We are taking more time than usual
Rohit Seksaria
Fund Manager of Sundaram Services Fund Direct Growth, since 21 September 2018
Top funds managed
Ravi Gopalakrishnan
Fund Manager of Sundaram Services Fund Direct Growth, since 16 May 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
Over the last 6 months, this fund has experienced a 14.4% growth in AUM moving from 3.38K Cr to 3.87K Cr.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.69% return, outperforming this fund by 10.21% per annum.
In the last 1 year, HDFC Defence Fund Direct Growth has given 55.75% return, outperforming this fund by 31.13%.
In the last 3 years, SBI PSU Direct Growth has given 34.52% return, outperforming this fund by 19.76% per annum.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.14%.
Sundaram Services 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 22.05% since inception which is more than its category average return of 16.76%
Fund Allocations
This fund has an allocation of 95.24% in Equity, 0.98% in Debt and 3.78% in Cash related instruments
AUM size ₹3875 Cr
This fund has AUM of ₹3875 Cr which is more than its category average of ₹ 2245 Cr
Expense Ratio 0.74%
This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for Sundaram Services Fund Direct Growth
The current NAV of Sundaram Services Fund Direct Growth is ₹34.15 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Sundaram Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.69% | -5.69% |
6 Month Returns | 11.61% | 11.61% |
1 Year Returns | 24.62% | 24.62% |
3 Years Returns | 51.13% | 14.76% |
5 Years Returns | 175.55% | 22.47% |
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.
0.74% as on October 2024
₹3875 Cr as on October 2024
Bharti Airtel Ltd(8.1%), HDFC Bank Ltd(5.03%), Bajaj Finance Ltd(4.86%), Reliance Industries Ltd(4.5%), ICICI Bank Ltd(3.87%) as on October 2024
Financial Services(41.18%), Communication(15.47%), Consumer Cyclical(12.39%) as on October 2024
The alpha ratio for the Sundaram Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Services Fund Direct Growth | 3.54 | 6.87 | 8.2 |
As on October 2024
The alpha for Sundaram Services Fund Direct Growth is calculated against IISL Nifty Services Sector 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 Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Services Fund Direct Growth | 0.94 | 0.9 | 0.88 |
As on October 2024
The Beta for Sundaram Services Fund Direct Growth is calculated with IISL Nifty Services Sector 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 Services Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Services Fund Direct Growth | 1.83 | 0.81 | 0.91 |
As on October 2024
The sharpe ratio for Sundaram Services Fund Direct Growth is calculated with IISL Nifty Services Sector 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 Services Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Services Fund Direct Growth | 13.03 | 13.38 | 19.86 |
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 1.48 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.39 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Ravi Gopalakrishnan are the fund managers of Sundaram Services Fund Direct Growth
The Exit load of Sundaram Services Fund Direct Growth is 1%