Sundaram Diversified Equity Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
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 Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Diversified Equity Fund Direct Growth has ₹1649 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
Sundaram Diversified Equity Fund Direct Growth has given a CAGR return of 14.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.01%, 17.56% and 18.30% 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 Reliance Industries Ltd, HDFC Bank 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 benefitDividends 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
1 people have invested ₹ 0 in Sundaram Diversified Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.6% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹1649 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 18.26% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
80.6%
Mid cap
10.7%
Small cap
8.3%
Sector Allocation
Financial Services
33.4%
Industrial
11.7%
Consumer Defensive
10.7%
Tech
9.7%
Consumer Cyclical
9%
Energy
9%
Basic Materials
6.4%
Health
5.4%
Communication
4.2%
Real Estate
0.6%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 8.73% | 0% | |
 HDFC Bank Ltd | 8.54% | -2.3% | |
 ICICI Bank Ltd | 6.42% | -10.4% | |
 Infosys Ltd | 4.14% | 0% | |
 Larsen & Toubro Ltd | 3.37% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Reliance Industries Ltd | 3.2% |
Sudhir Kedia
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Diversified Equity Fund Direct Growth, since 24 February 2021
Top funds managed
Mutual Fund Insights
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 28.48% return, outperforming this fund by 10.93% per annum.
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 57.32% return, outperforming this fund by 31.3%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.98% return, outperforming this fund by 18.68% per annum.
Sundaram Diversified Equity Fund Direct Growth 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 14.3% since inception which is less than its category average return of 16.63%
Fund Allocations
This fund has an allocation of 99.56% in Equity, 0% in Debt and 0.44% in Cash related instruments
AUM size ₹1649 Cr
This fund has AUM of ₹1649 Cr which is less than its category average of ₹ 3925 Cr
Expense Ratio 1.6%
This fund has an expense ratio of 1.6% which is more than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Sundaram Diversified Equity Fund Direct Growth is ₹226.88 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Sundaram Diversified Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.95% | 2.95% |
6 Month Returns | 15.98% | 15.98% |
1 Year Returns | 26.01% | 26.01% |
3 Years Returns | 62.46% | 17.56% |
5 Years Returns | 131.71% | 18.3% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.6% as on June 2024
₹1649 Cr as on June 2024
Reliance Industries Ltd(8.73%), HDFC Bank Ltd(8.54%), ICICI Bank Ltd(6.42%), Infosys Ltd(4.14%), Larsen & Toubro Ltd(3.37%) as on June 2024
Financial Services(33.24%), Industrial(11.65%), Consumer Defensive(10.69%) as on June 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 | -6.32 | -0.51 | -2.9 |
As on June 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 | 0.92 | 0.89 | 1 |
As on June 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 | 1.67 | 0.96 | 0.62 |
As on June 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 | 11.06 | 12.11 | 19.37 |
As on June 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 1.9 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sudhir Kedia, Rohit Seksaria are the fund managers of Sundaram Diversified Equity Fund Direct Growth
The Exit load of Sundaram Diversified Equity Fund Direct Growth is 0%