Sundaram Services Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (25-Jul-24)
₹33.460.58%1D
Returns (Since Inception)
23.10%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,632 Cr
Expense Ratio
0.72%
ISIN
INF903JA1FA2
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
21 Sep 2018
About this fund
Sundaram Services Fund Direct Growth is a Equity - Other mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 5 years, 10 months and 5 days, having been launched on 21-Sep-18.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹33.46, Assets Under Management (AUM) of 3631.82 Crores, and an expense ratio of 0.72%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹33.46, Assets Under Management (AUM) of 3631.82 Crores, and an expense ratio of 0.72%.
- Sundaram Services Fund Direct Growth has given a CAGR return of 23.10% since inception.
- The fund's asset allocation comprises around 96.99% in equities, 0.54% in debts, and 2.47% in cash & cash equivalents.
- You can start investing in Sundaram Services Fund 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
+31.47%
— (Cat Avg.)
3 Years
+20.93%
— (Cat Avg.)
5 Years
+25.35%
— (Cat Avg.)
Since Inception
+23.10%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹3,522.44 Cr | 96.99% |
| Debt | ₹19.63 Cr | 0.54% |
| Others | ₹89.76 Cr | 2.47% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹289.4 Cr | 7.97% |
| Bharti Airtel Ltd | Equity | ₹285.98 Cr | 7.87% |
| Reliance Industries Ltd | Equity | ₹194.52 Cr | 5.36% |
| ICICI Securities Ltd | Equity | ₹129.86 Cr | 3.58% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹126.88 Cr | 3.49% |
| Axis Bank Ltd | Equity | ₹99.64 Cr | 2.74% |
| ICICI Bank Ltd | Equity | ₹97.68 Cr | 2.69% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹96.4 Cr | 2.65% |
| IndusInd Bank Ltd | Equity | ₹94.25 Cr | 2.60% |
| Titan Co Ltd | Equity | ₹88.32 Cr | 2.43% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹86.74 Cr | 2.39% |
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹83.21 Cr | 2.29% |
| LTIMindtree Ltd | Equity | ₹79.34 Cr | 2.18% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹78.67 Cr | 2.17% |
| Can Fin Homes Ltd | Equity | ₹70.08 Cr | 1.93% |
| Treps | Cash - Repurchase Agreement | ₹65.92 Cr | 1.82% |
| Coforge Ltd | Equity | ₹62.98 Cr | 1.73% |
| Affle India Ltd | Equity | ₹60.99 Cr | 1.68% |
| PVR INOX Ltd | Equity | ₹60.74 Cr | 1.67% |
| Westlife Foodworld Ltd | Equity | ₹60.22 Cr | 1.66% |
| Chalet Hotels Ltd | Equity | ₹58.83 Cr | 1.62% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹58.43 Cr | 1.61% |
| Phoenix Mills Ltd | Equity | ₹57.39 Cr | 1.58% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹56.58 Cr | 1.56% |
| Fortis Healthcare Ltd | Equity | ₹56.5 Cr | 1.56% |
| SBI Life Insurance Company Limited | Equity | ₹56.46 Cr | 1.55% |
| Rategain Travel Technologies Ltd | Equity | ₹56.35 Cr | 1.55% |
| Container Corporation of India Ltd | Equity | ₹54.82 Cr | 1.51% |
| Info Edge (India) Ltd | Equity | ₹52.65 Cr | 1.45% |
| Persistent Systems Ltd | Equity | ₹52.04 Cr | 1.43% |
| REC Ltd | Equity | ₹51.26 Cr | 1.41% |
| Avenue Supermarts Ltd | Equity | ₹50.09 Cr | 1.38% |
| Angel One Ltd Ordinary Shares | Equity | ₹49.53 Cr | 1.36% |
| AAVAS Financiers Ltd | Equity | ₹49.27 Cr | 1.36% |
| Kalyan Jewellers India Ltd | Equity | ₹47.76 Cr | 1.32% |
| Zomato Ltd | Equity | ₹47.35 Cr | 1.30% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹46.38 Cr | 1.28% |
| Page Industries Ltd | Equity | ₹45.68 Cr | 1.26% |
| Bajaj Finance Ltd | Equity | ₹43.78 Cr | 1.21% |
| Sapphire Foods India Ltd | Equity | ₹42.87 Cr | 1.18% |
| Tech Mahindra Ltd | Equity | ₹42.83 Cr | 1.18% |
| Senco Gold Ltd | Equity | ₹41.91 Cr | 1.15% |
| Multi Commodity Exchange of India Ltd | Equity | ₹39.08 Cr | 1.08% |
| Indraprastha Gas Ltd | Equity | ₹36.44 Cr | 1.00% |
| Transport Corp of India Ltd | Equity | ₹31.97 Cr | 0.88% |
| Union Bank of India | Equity | ₹27.65 Cr | 0.76% |
| Metropolis Healthcare Ltd | Equity | ₹27.6 Cr | 0.76% |
| MakeMyTrip Ltd | Equity | ₹26.55 Cr | 0.73% |
| SIS Ltd Ordinary Shares | Equity | ₹25.14 Cr | 0.69% |
| UTI Asset Management Co Ltd | Equity | ₹23.62 Cr | 0.65% |
| Medi Assist Healthcare Services Ltd | Equity | ₹19.83 Cr | 0.55% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹19.63 Cr | 0.54% |
| Power Finance Corporation Limited July 2024 | Equity - Future | ₹-17.75 Cr | 0.49% |
| Cash Offset For Derivatives | Cash - General Offset | ₹17.75 Cr | 0.49% |
| Power Finance Corp Ltd | Equity | ₹17.66 Cr | 0.49% |
| Margin Money For Derivatives | Cash - Collateral | ₹9.83 Cr | 0.27% |
| Cash And Other Net Current Assets^ | Cash | ₹-3.74 Cr | 0.10% |
Allocation By Market Cap (Equity)
Large Cap Stocks
48.17%
Mid Cap Stocks
15.00%
Small Cap Stocks
33.03%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,551.05 Cr | 42.71% |
| Communication Services | ₹539.03 Cr | 14.84% |
| Consumer Cyclical | ₹459.49 Cr | 12.65% |
| Technology | ₹293.55 Cr | 8.08% |
| Healthcare | ₹246.72 Cr | 6.79% |
| Energy | ₹194.52 Cr | 5.36% |
| Industrials | ₹111.93 Cr | 3.08% |
| Real Estate | ₹57.39 Cr | 1.58% |
| Consumer Defensive | ₹50.09 Cr | 1.38% |
| Utilities | ₹36.44 Cr | 1.00% |
Risk & Performance Ratios
Standard Deviation
This fund
13.35%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.15
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF903JA1FA2 | Expense Ratio | 0.72% | Exit Load | 1.00% | Fund Size | ₹3,632 Cr | Age | 21 Sep 2018 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Services Sector 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 Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹201.75 Cr | 32.8% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹201.75 Cr | 32.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹554.29 Cr | 57.3% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹554.29 Cr | 54.8% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3153.37 Cr | 58.2% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3153.37 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹77.57 Cr | 63.5% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹97.06 Cr | 39.5% |
About the AMC
Total AUM
₹61,835 Cr
Address
Sundaram Towers, Chennai, 600 014
Other Funds by Sundaram Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Sundaram Services Fund Direct Growth?
The NAV of Sundaram Services Fund Direct Growth, as of 25-Jul-2024, is ₹33.46.
What are the returns of Sundaram Services Fund Direct Growth?
The fund has generated 31.47% over the last 1 year and 20.93% 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 Services Fund Direct Growth?
The fund's allocation of assets is distributed as 96.99% in equities, 0.54% in bonds, and 2.47% in cash and cash equivalents.
Who manages the Sundaram Services Fund Direct Growth?
The fund managers responsible for Sundaram Services Fund Direct Growth are:-
- S. Bharath
- Rohit Seksaria
- Pathanjali Srinivasan
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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.