Sundaram Equity Savings Fund Direct Growth

Hybrid
Direct
Equity Savings
Sundaram Equity Savings Fund Direct Growth

About the Fund

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 ₹849 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Sundaram Equity Savings Fund Direct Growth has given a CAGR return of 10.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.55%, 14.10% and 14.16% respectively.

Holdings

Sundaram Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Industrial, Energy, Tech, 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.

Fund Performance
zero opening, trading, fund transfer fee
474 people have invested ₹ 73L in Sundaram Equity Savings Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.5%
Benchmark
NIFTY Equity Savings TR INR
AUM₹849 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
393.58%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-May-24)

  • Equity 39.7%

  • Debt & Cash 60.3%

Large cap
50.8%

Mid cap
10.4%

Small cap
6.2%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
35.4%
Consumer Cyclical
12.7%
Industrial
9.8%
Energy
8.6%
Tech
8.4%
Communication
7%
Health
6.3%
Basic Materials
6.2%
Consumer Defensive
4.7%
Utilities
0.5%
Real Estate
0.4%
All changes are between Oct'69 and Dec'69

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

Mutual Fund Insights

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In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 26.14% return, outperforming this fund by 4.58%.
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In the last 3 years, HSBC Equity Savings Direct Plan Growth Plan has given 14.43% return, outperforming this fund by 0.33% per annum.
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Over the last 6 months, this fund has experienced a 25.1% growth in AUM moving from 678.37 Cr to 848.56 Cr.
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In the last 5 years, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.5% which is lower than the category average expense ratio of 1.05%.

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 10.28% since inception which is more than its category average return of 8.21%
Fund Allocations

Fund Allocations

This fund has an allocation of 39.67% in Equity, 12.33% in Debt and 48.01% in Cash related instruments
AUM size ₹849 Cr

AUM size ₹849 Cr

This fund has AUM of ₹849 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of Sundaram Equity Savings Fund Direct Growth is ₹74.33 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Sundaram Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.78%
2.78%
6 Month Returns
10.15%
10.15%
1 Year Returns
21.55%
21.55%
3 Years Returns
48.55%
14.1%
5 Years Returns
93.88%
14.16%
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.
0.5% as on May 2024
₹849 Cr as on May 2024
HDFC Bank Ltd(8.73%), Reliance Industries Ltd(6.08%), IndusInd Bank Ltd(4%), Bharti Airtel Ltd(3.88%), Axis Bank Ltd(3.54%) as on May 2024
Cash Equivalent(48.01%), Financial Services(14.05%), Government(9.4%) as on May 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%