Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option

Equity
Direct
Sector - Financial Services
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option

About the Fund

Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option 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

  1. Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option has ₹1269 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option has given a CAGR return of 14.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.70%, 21.67% and 18.46% respectively.

Holdings

Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Corporate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Power Finance Corp Ltd

Taxation

As it is a sector - financial services 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 Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option

To seek long-term capital appreciation by investing predominantly in equity and equity related securities of Indian companies engaged in the banking and financial services sector.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.78%
Benchmark
S&P BSE BANKEX INR
AUM₹1269 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
58.29%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 94.5%

  • Debt & Cash 5.5%

Large cap
71.5%

Small cap
19.7%

Mid cap
3.3%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
100%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Ashish Aggarwal
Ashish Aggarwal
Fund Manager of Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option, since 1 January 2022
Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option, since 30 December 2017

Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option 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 14.89% since inception which is less than its category average return of 17.9%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.51% in Equity, 0.38% in Debt and 5.1% in Cash related instruments
AUM size ₹1269 Cr

AUM size ₹1269 Cr

This fund has AUM of ₹1269 Cr which is less than its category average of ₹ 1523 Cr
Expense Ratio 0.78%

Expense Ratio 0.78%

This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions

The current NAV of Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option is ₹36.85 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
Absolute Returns
CAGR Returns
1 Month Returns
6.72%
6.72%
6 Month Returns
12.22%
12.22%
1 Year Returns
36.7%
36.7%
3 Years Returns
80.13%
21.67%
5 Years Returns
133.3%
18.46%
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.
0.78% as on May 2024
₹1269 Cr as on May 2024
HDFC Bank Ltd(15.68%), ICICI Bank Ltd(15.62%), Axis Bank Ltd(9.27%), State Bank of India(6.32%), Power Finance Corp Ltd(5.94%) as on May 2024
The alpha ratio for the Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
17.78
8.13
5.6
As on May 2024
The alpha for Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option is calculated against S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
0.81
0.9
0.97
As on May 2024
The Beta for Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option is calculated with S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
1.96
0.9
0.56
As on May 2024
The sharpe ratio for Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option is calculated with S&P BSE BANKEX 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 Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
11.47
14.59
24.53
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 1.72 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.72 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashish Aggarwal, Rohit Seksaria are the fund managers of Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option
The Exit load of Sundaram Financial Services Opportunities Fund Direct Plan Transfer Inc Dist cum Cap Wdrl Option is 1%