Sundaram Services Fund Direct Growth

Sundaram Services Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 20-02-2025

₹ 33.15

▲0.4%

1D

Inception Returns

20.5%

/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 S. Bharath, Rohit Seksaria. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram Services Fund Direct Growth has ₹3793 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Sundaram Services Fund Direct Growth has given a CAGR return of 20.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.84%, 16.65% and 19.10% respectively.

Holdings

Sundaram Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Communication, Consumer Cyclical, Government, Tech, Health, Industrial, Energy, Real Estate. Its top holdings are Bharti Airtel Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Axis Bank Ltd, Bajaj Finance 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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

Absolute
▲
▼

zero opening, trading, fund transfer fee
1510 people have invested ₹ 79.8L in Sundaram Services Fund Direct Growth in the last three months

INDmoney Rank for Sundaram Services Fund Direct Growth

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Sundaram Services Fund Direct Growth Overview

Expense ratio0.88%
Benchmark
IISL Nifty Services Sector TR INR
AUM₹3793 Cr
Inception Date21 September, 2018
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
48.15%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (20-Feb-25)

Period
Sundaram Services Fund Direct Growth
Nifty 500
equity - other
1M
-3.9%
-4.5%
-
3M
-2.9%
-5.3%
-
6M
-3.4%
-10.5%
-
1Y
10.8%
2.8%
-
3Y
16.6%
12.3%
-
5Y
19.1%
15.9%
-

Fund Distribution

as on (31-Jan-25)

  • Equity 95.1%

  • Debt & Cash 4.9%

Large cap
52.6%
Small cap
29.8%
Mid cap
10.3%
Sector Allocation

Jan'25

Dec'24

Nov'24

Financial Services
39.7%
Communication
16.6%
Consumer Cyclical
13.7%
Tech
8.5%
Health
8%
Industrial
6.2%
Energy
5.5%
Real Estate
2%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-0.24%
0.28%
Nifty 500
-2.02%
-0.60%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 3.9K Cr
₹ 3.9K Cr
₹ 3.9K Cr
  • AUM of the fund stands at 3.9K Cr as of Jan'25
  • AUM has remained same between Jan'25 and Dec'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.18% to 6.61%
HDFC Bank Ltd's allocation increased from 5.18% to 6.61%
REC Ltd's allocation increased from 1.2% to 1.72%
REC Ltd's allocation increased from 1.2% to 1.72%
Delhivery Ltd's allocation increased from 0.38% to 0.86%
Delhivery Ltd's allocation increased from 0.38% to 0.86%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 4.89 % to 2.93 %
Bajaj Finance Ltd's allocation decreased from 4.89 % to 2.93 %
ICICI Bank Ltd's allocation decreased from 3.81 % to 2.81 %
ICICI Bank Ltd's allocation decreased from 3.81 % to 2.81 %
Apollo Hospitals Enterprise Ltd's allocation decreased from 2.92 % to 2.8 %
Apollo Hospitals Enterprise Ltd's allocation decreased from 2.92 % to 2.8 %
Small Cap allocation has gone down from 31.2% to 29.8%
Small Cap allocation has gone down from 31.2% to 29.8%
Mid Cap allocation has gone down from 12.7% to 10.3%
Mid Cap allocation has gone down from 12.7% to 10.3%
Large Cap allocation has gone up from 48.8% to 52.6%
Large Cap allocation has gone up from 48.8% to 52.6%
Cash allocation has gone up from 4% to 4.2%
Cash allocation has gone up from 4% to 4.2%
Debt allocation has gone down from 1% to 0.8%
Debt allocation has gone down from 1% to 0.8%

Top 3 Sectors in January were Financial Services, Government & Communication

Jan'25
Financial Services
40%
Communication
17%
Consumer Cyclical
14%
Dec'24
Financial Services
40%
Government
17%
Communication
17%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharti Airtel Ltd
Bharti Airtel Ltd
8.34%
0%
HDFC Bank Ltd
HDFC Bank Ltd
6.61%
29.5%
Reliance Industries Ltd
Reliance Industries Ltd
5.11%
0%
Axis Bank Ltd
Axis Bank Ltd
3.07%
6.6%
Bajaj Finance Ltd
Bajaj Finance Ltd
2.93%
-49.5%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Sundaram Services Fund Direct Growth
Sundaram Services Fund Direct Growth
10.84%
16.65%
19.1%
20.53%
Axis Innovation Fund Direct Growth
Axis Innovation Fund Direct Growth
14.96%
12.42%
-
14.96%
Franklin India Opportunities Fund - Direct - Growth
Franklin India Opportunities Fund - Direct - Growth
14.15%
26.38%
26%
17.86%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
13.42%
23.89%
27.47%
22.77%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Bajaj Finance Ltd
Bajaj Finance Ltd
13.4%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
59
59
56
Top 5 Company Concentration
26.1%
26.6%
26.2%
Company having highest exposure
Bharti Airtel Ltd (8.3%)
Bharti Airtel Ltd (7.9%)
Bharti Airtel Ltd (8.1%)
No of Sectors
9
10
9
Top 5 Sectors Concentration
90%
97.9%
98.5%
Sector having highest exposure
Financial Services (39.7%)
Financial Services (39.6%)
Financial Services (40.3%)
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S. Bharath
S. Bharath
Fund Manager of Sundaram Services Fund Direct Growth, since 1 July 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Sundaram Mid Cap - Direct Plan - Growth Option
21.42%
18.54%
Sundaram Aggressive Hybrid Fund Direct Plan Growth
11.82%
12.28%
Sundaram large and Mid Cap - Direct Plan - Growth Option
13.44%
15.65%
Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Services Fund Direct Growth, since 21 September 2018
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Sundaram Multi Asset Allocation Fund Direct Growth
0%
--
Sundaram Small Cap Fund - Direct Plan - Growth Option
16.74%
17.05%
Sundaram Services Direct Growth
16.48%
--
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
32
See all Sundaram schemes
Total AUM
₹68.69K Cr
as on 31-Jan-2025
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com

Sundaram Services Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 20.53% since inception which is more than its category average return of 8.41%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.09% in Equity, 0.76% in Debt and 4.15% in Cash related instruments
AUM size ₹3793 Cr

AUM size ₹3793 Cr

This fund has AUM of ₹3793 Cr which is more than its category average of ₹ 2217 Cr
Expense Ratio 0.88%

Expense Ratio 0.88%

This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions for Sundaram Services Fund Direct Growth

The current NAV of Sundaram Services Fund Direct Growth is ₹33.15 as on 20-Feb-2025.
Existing (Absolute + CAGR) as on 20-Feb-2025.
Sundaram Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.92%
-3.92%
6 Month Returns
-3.45%
-3.45%
1 Year Returns
10.84%
10.84%
3 Years Returns
58.71%
16.65%
5 Years Returns
139.66%
19.1%
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0.88% as on January 2025
₹3793 Cr as on January 2025
Bharti Airtel Ltd(8.34%), HDFC Bank Ltd(6.61%), Reliance Industries Ltd(5.11%), Axis Bank Ltd(3.07%), Bajaj Finance Ltd(2.93%) as on January 2025
Financial Services(37.79%), Communication(15.74%), Consumer Cyclical(12.98%) as on January 2025
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
0.87
6.65
7.41
As on January 2025
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
1.1
0.91
0.89
As on January 2025
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
0.64
0.75
0.8
As on January 2025
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
12.67
13.53
20.02
As on January 2025
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 1.34 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.38 as on January 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
S. Bharath, Rohit Seksaria are the fund managers of Sundaram Services Fund Direct Growth
The Exit load of Sundaram Services Fund Direct Growth is 1%