Sundaram Diversified Equity Fund Direct Growth

Sundaram Diversified Equity Fund Direct Growth

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 216.47 as on 10-06-2024

About the Fund

Sundaram Diversified Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rohit Seksaria, Sudhir Kedia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram Diversified Equity Fund Direct Growth has ₹1603 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.6.

Returns

Sundaram Diversified Equity Fund Direct Growth has given a CAGR return of 14.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.90%, 16.79% and 15.14% respectively.

Holdings

Sundaram Diversified Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Tech, Consumer Cyclical, Energy, Basic Materials, Health, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a elss (tax savings) 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Sundaram Diversified Equity Fund Direct Growth

To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 250.00. There is a lock in period for Sundaram Diversified Equity Fund Direct Growth of 3 Years

Fund Performance

INDmoney Rank

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Pros

Beats FD returns for both 3Y & 5Y duration

Cons

5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

Overview

Expense ratio
Expense ratio
1.61%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹1603 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
18.26%

Sundaram Diversified Equity Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 99.1%

  • Debt & Cash 0.9%

Size breakup

Large cap
81.3%
Mid cap
9.8%
Small cap
8.1%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
35%
Industrial
11.1%
Consumer Defensive
10.6%
Tech
9.4%
Consumer Cyclical
9%
Energy
8.5%
Basic Materials
6.3%
Health
5.9%
Communication
3.7%
Real Estate
0.5%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.19%
1.35%
1.89%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 2.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 0.27% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.6K Cr
₹ 1.6K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.6K Cr as of Apr'24
  • AUM decreased by 1.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Sundaram Diversified Equity Fund Direct Growth as on (31-May-24)

  • Equity

Equity Holdings64

Gainers & Losers Returns for the month of Apr

Mutual Fund Insights

Insights icon
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 61.7% return, outperforming this fund by 32.8%.
Insights icon
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 34.97% return, outperforming this fund by 19.83% per annum.
Insights icon
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 28.64% return, outperforming this fund by 11.85% per annum.

Fund Manager

Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 24 February 2021
Sudhir Kedia
Sudhir Kedia
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 1 January 2022

Sundaram Diversified Equity 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 14% since inception which is less than its category average return of 16.21%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.12% in Equity, 0% in Debt and 0.88% in Cash related instruments
AUM size ₹1603 Cr

AUM size ₹1603 Cr

This fund has AUM of ₹1603 Cr which is less than its category average of ₹ 3674 Cr
Expense Ratio 1.61%

Expense Ratio 1.61%

This fund has an expense ratio of 1.61% which is more than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of Sundaram Diversified Equity Fund Direct Growth is ₹216.47 as on 10-Jun-2024.
Existing (Absolute + CAGR) as on 10-Jun-2024.
Sundaram Diversified Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.92%
5.92%
6 Month Returns
11.58%
11.58%
1 Year Returns
28.9%
28.9%
3 Years Returns
59.31%
16.79%
5 Years Returns
102.4%
15.14%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
1.61% as on May 2024
₹1603 Cr as on May 2024
HDFC Bank Ltd(8.81%), Reliance Industries Ltd(8.42%), ICICI Bank Ltd(7.08%), Infosys Ltd(3.86%), Larsen & Toubro Ltd(3.51%) as on May 2024
Financial Services(34.71%), Industrial(10.96%), Consumer Defensive(10.48%) as on May 2024
The alpha ratio for the Sundaram Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Diversified Equity Fund Direct Growth
-5.74
-0.28
-3.04
As on May 2024
The alpha for Sundaram Diversified Equity Fund Direct Growth is calculated against S&P BSE 200 India 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Diversified Equity Fund Direct Growth
0.91
0.88
1
As on May 2024
The Beta for Sundaram Diversified Equity Fund Direct Growth is calculated with S&P BSE 200 India 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Diversified Equity Fund Direct Growth
1.59
0.89
0.53
As on May 2024
The sharpe ratio for Sundaram Diversified Equity Fund Direct Growth is calculated with S&P BSE 200 India 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 Diversified Equity Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Diversified Equity Fund Direct Growth
10.19
11.72
19.28
As on May 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 1.7 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Rohit Seksaria, Sudhir Kedia are the fund managers of Sundaram Diversified Equity Fund Direct Growth
The Exit load of Sundaram Diversified Equity Fund Direct Growth is 0%