Sundaram Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ratish Varier, S. Bharath. The fund could potentially beat inflation in the long-run.
Sundaram Mid Cap Fund Direct Growth has given a CAGR return of 19.94% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 55.74%, 26.70% and 26.12% respectively.
Sundaram Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Utilities, Consumer Defensive, Real Estate, Communication, Energy, Government, Corporate. Its top holdings are Cummins India Ltd, Kalyan Jewellers India Ltd, Tube Investments of India Ltd Ordinary Shares, Trent Ltd, The Federal Bank Ltd
As it is a mid-cap 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.
The objective of the scheme is to achieve capital appreciation by investing predominantly in stocks that are termed as mid caps.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Mid Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.89% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹11821 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 44.84% |
Risk | Very High Risk |
Sundaram Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.96% | 2.96% |
6 Month Returns | 24.07% | 24.07% |
1 Year Returns | 55.74% | 55.74% |
3 Years Returns | 103.4% | 26.7% |
5 Years Returns | 219.11% | 26.12% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Mid Cap Fund Direct Growth | 5.8 | 1.95 | -2.14 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Mid Cap Fund Direct Growth | 0.85 | 0.87 | 0.93 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Mid Cap Fund Direct Growth | 3.32 | 1.46 | 0.89 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Mid Cap Fund Direct Growth | 11.86 | 13.65 | 21.01 |