Sundaram Financial Services Opportunities Direct Growth

Fund Overview

Fund Size

₹1,387 Cr

Expense Ratio

0.76%

ISIN

INF903J01NB8

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Sundaram Financial Services Opportunities Direct Growth is a Sector - Financial Services mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹107.96, Assets Under Management (AUM) of 1386.75 Crores, and an expense ratio of 0.76%.

Sundaram Financial Services Opportunities Direct Growth has given a CAGR return of 15.06% since inception.
The fund's asset allocation comprises around 95.87% in equities, 0.35% in debts, and 3.78% in cash & cash equivalents.
You can start investing in Sundaram Financial Services Opportunities Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+29.37%

+17.99% (Cat Avg.)

3 Years

+21.52%

+16.83% (Cat Avg.)

5 Years

+19.69%

+14.67% (Cat Avg.)

10 Years

+16.15%

+12.54% (Cat Avg.)

Since Inception

+15.06%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹1,329.41 Cr	95.87%
Debt	₹4.91 Cr	0.35%
Others	₹52.43 Cr	3.78%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹239.12 Cr	17.24%
ICICI Bank Ltd	Equity	₹154.09 Cr	11.11%
Axis Bank Ltd	Equity	₹128.06 Cr	9.23%
State Bank of India	Equity	₹81.98 Cr	5.91%
Cholamandalam Financial Holdings Ltd	Equity	₹64.01 Cr	4.62%
ICICI Securities Ltd	Equity	₹59.8 Cr	4.31%
Shriram Finance Ltd	Equity	₹54.92 Cr	3.96%
CSB Bank Ltd Ordinary Shares	Equity	₹52.94 Cr	3.82%
Can Fin Homes Ltd	Equity	₹50.95 Cr	3.67%
IndusInd Bank Ltd	Equity	₹50.9 Cr	3.67%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹50.65 Cr	3.65%
REC Ltd	Equity	₹47.94 Cr	3.46%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹47.65 Cr	3.44%
Power Finance Corp Ltd	Equity	₹43.54 Cr	3.14%
Treps	Cash - Repurchase Agreement	₹42.61 Cr	3.07%
Bajaj Finance Ltd	Equity	₹37.27 Cr	2.69%
Bank of India	Equity	₹32.14 Cr	2.32%
ICICI Prudential Life Insurance Company Limited	Equity	₹26.54 Cr	1.91%
AAVAS Financiers Ltd	Equity	₹22.5 Cr	1.62%
Indian Bank	Equity	₹22.07 Cr	1.59%
RBL Bank Ltd	Equity	₹16.99 Cr	1.22%
Angel One Ltd Ordinary Shares	Equity	₹13.49 Cr	0.97%
Bank of Baroda	Equity	₹13.05 Cr	0.94%
Union Bank of India	Equity	₹12.9 Cr	0.93%
SBI Life Insurance Company Limited	Equity	₹12.9 Cr	0.93%
Power Finance Corporation Limited July 2024	Equity - Future	₹-6.97 Cr	0.50%
Cash Offset For Derivatives	Cash - General Offset	₹6.97 Cr	0.50%
364 DTB 02052024	Bond - Gov't/Treasury	₹4.91 Cr	0.35%
Cash And Other Net Current Assets^	Cash	₹2.42 Cr	0.17%
Margin Money For Derivatives	Cash - Collateral	₹0.43 Cr	0.03%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,336.39 Cr	96.37%

Risk & Performance Ratios

Fund Managers

Rohit Seksaria

Since December 2017

Ashish Aggarwal

Since January 2022

Additional Scheme Detailsas of 30th June 2024

ISIN

INF903J01NB8

Expense Ratio

0.76%

Exit Load

1.00%

Fund Size

₹1,387 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Private Bank ETF Very High Risk	0.1%	-	₹9.45 Cr	8.9%
Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk	-	-	-	-
Nippon India ETF Nifty PSU Bank BeES Very High Risk	0.5%	-	₹2759.48 Cr	59.2%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1477.69 Cr	59.3%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2535.06 Cr	11.8%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹1911.12 Cr	14.1%
Axis NIFTY Bank ETF Very High Risk	0.2%	-	₹274.29 Cr	11.7%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.9%	1.0%	₹7671.24 Cr	18.8%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1140.83 Cr	19.3%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹5932.60 Cr	22.7%

About the AMC

Sundaram Mutual Fund

+91 44 28583362/3367

https://www.sundarammutual.com/

Total AUM

₹61,835 Cr

Address

Sundaram Towers, Chennai, 600 014

Other Funds by Sundaram Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Sundaram Multi Asset Allocation Fund Direct Growth High Risk	0.2%	1.0%	₹2252.70 Cr	-
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth Very High Risk	1.4%	0.0%	₹20.57 Cr	27.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹34.82 Cr	37.3%
Sundaram FTP IQ Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.4%	0.0%	₹13.26 Cr	28.3%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.2%	0.0%	₹86.84 Cr	36.7%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.4%	-	₹38.37 Cr	36.1%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.4%	0.0%	₹24.76 Cr	36.1%
Sundaram Long Term Tax Advantage Fund - Series VI Direct Growth Very High Risk	1.1%	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹41.11 Cr	36.5%
Sundaram Fixed Term Plan Series IM Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹42.49 Cr	37.1%
Sundaram Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2724.92 Cr	41.5%
Sundaram Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹923.54 Cr	45.2%
Sundaram Aggressive Hybrid Fund Direct Growth High Risk	0.7%	1.0%	₹4979.18 Cr	28.5%
Sundaram Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6129.61 Cr	7.4%
Sundaram Low Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹503.92 Cr	7.4%
Sundaram Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹841.07 Cr	19.6%
Sundaram Focused Fund Direct Growth Very High Risk	1.2%	0.0%	₹1110.63 Cr	31.6%
Sundaram Nifty 100 Equal Weight Fund Direct Growth Very High Risk	0.6%	0.0%	₹85.73 Cr	46.4%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹195.49 Cr	7.5%
Sundaram Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1680.99 Cr	7.6%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.6%	0.0%	₹1355.38 Cr	30.7%
Sundaram Balanced Advantage Fund Direct Growth High Risk	0.6%	1.0%	₹1544.21 Cr	22.8%
Sundaram Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3528.52 Cr	27.7%
Sundaram Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹3631.82 Cr	31.5%
Sundaram Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2152.58 Cr	28.5%
Sundaram Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹242.92 Cr	7.4%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.3%	1.0%	₹42.44 Cr	6.4%
Sundaram Infrastructure Advantage Fund Direct Growth Very High Risk	1.8%	1.0%	₹1044.07 Cr	56.1%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	1.0%	₹1386.75 Cr	29.4%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹330.47 Cr	7.3%
Sundaram large and Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6859.35 Cr	37.8%
Sundaram Global Brand Fund Direct Growth Very High Risk	1.3%	1.0%	₹114.38 Cr	12.8%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹706.76 Cr	7.3%
Sundaram Debt Oriented Hybrid Fund Direct Growth Moderate Risk	1.1%	0.0%	₹26.70 Cr	11.5%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹3331.22 Cr	42.8%
Sundaram Diversified Equity Direct Growth Very High Risk	1.6%	0.0%	₹1649.12 Cr	26.2%
Sundaram Consumption Fund Direct Growth Very High Risk	1.3%	1.0%	₹1494.81 Cr	37.8%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹11820.86 Cr	55.3%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹791.97 Cr	6.8%
Sundaram Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹119.30 Cr	7.9%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Sundaram Financial Services Opportunities Direct Growth?

The NAV of Sundaram Financial Services Opportunities Direct Growth, as of 25-Jul-2024, is ₹107.96.

What are the returns of Sundaram Financial Services Opportunities Direct Growth?

The fund has generated 29.37% over the last 1 year and 21.52% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Sundaram Financial Services Opportunities Direct Growth?

The fund's allocation of assets is distributed as 95.87% in equities, 0.35% in bonds, and 3.78% in cash and cash equivalents.

Who manages the Sundaram Financial Services Opportunities Direct Growth?

The fund managers responsible for Sundaram Financial Services Opportunities Direct Growth are:-

Rohit Seksaria
Ashish Aggarwal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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