Sundaram Equity Savings Fund Direct Growth

Sundaram Equity Savings Fund Direct Growth

Hybrid

Direct

Equity Savings

NAV as on 06-12-2024

₹ 78.57

0.1%

1D

Inception Returns

10.4%

/yr

About Sundaram Equity Savings Fund Direct Growth

Sundaram Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Kedia, Rohit Seksaria, Dwijendra Srivastava. This fund gives you the benefit of diversification.

Key Parameters

  1. Sundaram Equity Savings Fund Direct Growth has ₹990 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Sundaram Equity Savings Fund Direct Growth has given a CAGR return of 10.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.99%, 13.06% and 14.95% respectively.

Holdings

Sundaram Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Industrial, Tech, Energy, Communication, Health, Basic Materials, Corporate, Consumer Defensive, Utilities, Real Estate.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Sundaram Equity Savings Fund Direct Growth

The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Equity Savings Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
491 people have invested ₹ 16.5L in Sundaram Equity Savings Fund Direct Growth in the last three months

Sundaram Equity Savings Fund Direct Growth Overview

Expense ratio0.61%
Benchmark
NIFTY Equity Savings TR INR
AUM₹990 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
431.04%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
Sundaram Equity Savings Fund Direct Growth
Equity Savings Index
1M
0.8%
1.3%
3M
1.5%
0.9%
6M
7.7%
6.5%
1Y
17%
13.4%
3Y
13.1%
9.6%
5Y
15%
10.3%

Fund Distribution

as on (31-Oct-24)

  • Equity 38%

  • Debt & Cash 62%

Large cap
50.5%

Small cap
9.2%

Mid cap
8.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
30.5%
Consumer Cyclical
12%
Industrial
11.5%
Tech
10.4%
Energy
10%
Communication
9.4%
Health
6.5%
Basic Materials
4.8%
Consumer Defensive
3.9%
Utilities
0.5%
Real Estate
0.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 989.6 Cr
₹ 926.2 Cr
₹ 926.2 Cr
  • AUM of the fund stands at 989.6 Cr as of Oct'24
  • AUM increased by 63.3 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Government & Consumer Cyclical

Oct'24
Financial Services
30%
Government
19%
Consumer Cyclical
12%
Sep'24
Financial Services
27%
Government
25%
Consumer Cyclical
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
100
109
109
Top 5 Company Concentration
21.3%
21.4%
21.4%
Company having highest exposure
Reliance Industries Ltd (5.6%)
Reliance Industries Ltd (6.8%)
Reliance Industries Ltd (6.8%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
83.4%
88.9%
87.8%
Sector having highest exposure
Financial Services (30.5%)
Financial Services (30.2%)
Financial Services (26.7%)
Loading...
We are taking more time than usual
Sudhir Kedia
Sudhir Kedia
Fund Manager of Sundaram Equity Savings Fund Direct Growth, since 29 October 2019
Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Equity Savings Fund Direct Growth, since 1 January 2022
Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Equity Savings Fund Direct Growth, since 1 January 2022
Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹70.43K Cr
as on 31-Oct-2024
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com

Mutual Fund Insights

Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.05%.
Insights icon
In the last 3 years, HSBC Equity Savings Direct Plan Growth Plan has given 14.88% return, outperforming this fund by 2.04% per annum.
Insights icon
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 25.44% return, outperforming this fund by 8.53%.
Insights icon
Over the last 6 months, this fund has experienced a 21.3% growth in AUM moving from 815.59 Cr to 989.56 Cr.

Sundaram Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.38% since inception which is more than its category average return of 8.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 37.96% in Equity, 14.36% in Debt and 47.68% in Cash related instruments
AUM size ₹990 Cr

AUM size ₹990 Cr

This fund has AUM of ₹990 Cr which is less than its category average of ₹ 1704 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions for Sundaram Equity Savings Fund Direct Growth

The current NAV of Sundaram Equity Savings Fund Direct Growth is ₹78.57 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Sundaram Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
7.72%
7.72%
1 Year Returns
16.99%
16.99%
3 Years Returns
44.51%
13.06%
5 Years Returns
100.7%
14.95%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • 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.
0.61% as on November 2024
₹990 Cr as on November 2024
7.1% Govt Stock 2034(6.69%), Reliance Industries Ltd(5.58%), Bharti Airtel Ltd(4.86%), Axis Bank Ltd(4.26%), Infosys Ltd(3.64%) as on November 2024
Cash Equivalent(47.68%), Government(11.82%), Financial Services(11.57%) as on November 2024
AAA
100
Sudhir Kedia, Rohit Seksaria, Dwijendra Srivastava are the fund managers of Sundaram Equity Savings Fund Direct Growth
The Exit load of Sundaram Equity Savings Fund Direct Growth is 0.5%