Sundaram Nifty 100 Equal Wgt Dir Gr
Equity
Direct
Index Funds
NAV: ₹ 166.3 as on 24-04-2024
Fund Performance
1682 people have invested ₹ 19.1L in Sundaram Nifty 100 Equal Wgt Dir Gr in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.57% which is lower than the category average expense ratio of 0.66%.
Over the last 6 months, this fund has experienced a 14.4% growth in AUM moving from 63.21 Cr to 72.32 Cr.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, HDFC Nifty 100 Equal Weight Index Fund Direct Growth has given 50.97% return, outperforming this fund by 0.65%.
In the last 5 years, this fund has outperformed all funds in its category.
INDmoney Rank of Sundaram Nifty 100 Equal Wgt Dir Gr
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Sundaram Nifty 100 Equal Wgt Dir Gr
Sundaram Nifty 100 Equal Wgt Dir Gr is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ashish Aggarwal, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Nifty 100 Equal Wgt Dir Gr has ₹72 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Sundaram Nifty 100 Equal Wgt Dir Gr Overview
 | 0.57% |
 Benchmark | NIFTY 100 Equal Weighted Index TR INR |
 | ₹72 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 40.53% |
Sundaram Nifty 100 Equal Wgt Dir Gr Distribution as on (31-Mar-24)
Size breakup
Large cap
90.8%
Mid cap
6.8%
Sector Allocation
Financial Services
19.2%
Consumer Cyclical
13.4%
Basic Materials
13%
Consumer Defensive
12.5%
Industrial
9.9%
Utilities
8.6%
Energy
7.3%
Health
7.3%
Tech
5.5%
Communication
2%
Real Estate
1.4%
Top Holdings of Sundaram Nifty 100 Equal Wgt Dir Gr as on (31-Mar-24)
Equity Holdings102
Debt Holdings1
Sundaram Nifty 100 Equal Wgt Dir Gr: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.69% whereas the fund’s underlying benchmark Nifty 100 Equal Weight returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 100 Equal Weight by 1.74% in Mar'24
AUM Change
- AUM of the fund stands at 69.5 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Sundaram Nifty 100 Equal Wgt Dir Gr portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 ABB India Ltd | 20.7% |
 Siemens Ltd | 19.9% |
 Bajaj Auto Ltd | 8.1% |
Peer Analysis
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Manager
Ashish Aggarwal
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr, since 1 January 2022
Top funds managed
Sundaram Nifty 100 Equal Wgt Dir Gr 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 13.24% since inception which is less than its category average return of 19.5%
Fund Allocations
This fund has an allocation of 97.22% in Equity, 0% in Debt and 2.78% in Cash related instruments
AUM size ₹72 Cr
This fund has AUM of ₹72 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.57%
This fund has an expense ratio of 0.57% which is more than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Sundaram Nifty 100 Equal Wgt Dir Gr is ₹166.3 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Sundaram Nifty 100 Equal Wgt Dir Gr | Absolute Returns | CAGR Returns |
1 Month Returns | 2.98% | 2.98% |
6 Month Returns | 30.79% | 30.79% |
1 Year Returns | 50.32% | 50.32% |
3 Years Returns | 78.62% | 21.33% |
5 Years Returns | 122.85% | 17.38% |
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0.57% as on March 2024
₹72 Cr as on March 2024
Siemens Ltd(1.03%), InterGlobe Aviation Ltd(1.03%), Info Edge (India) Ltd(1.03%), ABB India Ltd(1.03%), Avenue Supermarts Ltd(1.02%) as on March 2024
Financial Services(18.69%), Consumer Cyclical(13.01%), Basic Materials(12.62%) as on March 2024
The alpha ratio for the Sundaram Nifty 100 Equal Wgt Dir Gr for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | - | - | - |
As on March 2024
The alpha for Sundaram Nifty 100 Equal Wgt Dir Gr is calculated against NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | - | - | - |
As on March 2024
The Beta for Sundaram Nifty 100 Equal Wgt Dir Gr is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | 3.07 | 1.04 | 0.65 |
As on March 2024
The sharpe ratio for Sundaram Nifty 100 Equal Wgt Dir Gr is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Nifty 100 Equal Wgt Dir Gr | 11.84 | 14.09 | 19.4 |
As on March 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 1.96 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Aggarwal, Rohit Seksaria are the fund managers of Sundaram Nifty 100 Equal Wgt Dir Gr
The Exit load of Sundaram Nifty 100 Equal Wgt Dir Gr is 0%