Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal

Equity
Direct
Mid-Cap
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal

About the Fund

Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal 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.

Key Parameters

  1. Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal has ₹11821 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal has given a CAGR return of 19.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 56.67%, 27.00% and 24.26% respectively.

Holdings

Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal 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

Taxation

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 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 Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal

The objective of the scheme is to achieve capital appreciation by investing predominantly in stocks that are termed as mid caps.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
16 people have invested ₹ 4L in Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal in the last three months

Fund Overview

Expense ratio0.91%
Benchmark
S&P BSE Midcap TR INR
AUM₹11821 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
44.84%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 95.3%

  • Debt & Cash 4.7%

Mid cap
68.7%

Large cap
15.5%

Small cap
10.9%

Sector Allocation

Jun'24

May'24

Apr'24

Industrial
21.9%
Financial Services
20.8%
Consumer Cyclical
19.5%
Health
11.5%
Basic Materials
9.5%
Tech
6%
Utilities
2.8%
Consumer Defensive
2.5%
Real Estate
2.4%
Communication
1.8%
Energy
1.3%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Ratish Varier
Ratish Varier
Fund Manager of Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal, since 24 February 2021
S. Bharath
S. Bharath
Fund Manager of Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal, since 24 February 2021

Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal 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 19.71% since inception which is less than its category average return of 20.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.31% in Equity, 0% in Debt and 4.69% in Cash related instruments
AUM size ₹11821 Cr

AUM size ₹11821 Cr

This fund has AUM of ₹11821 Cr which is more than its category average of ₹ 8822 Cr
Expense Ratio 0.91%

Expense Ratio 0.91%

This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions

The current NAV of Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal is ₹77.13 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
5.13%
5.13%
6 Month Returns
23.16%
23.16%
1 Year Returns
56.67%
56.67%
3 Years Returns
104.82%
27%
5 Years Returns
196.24%
24.26%
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.
0.91% as on June 2024
₹11821 Cr as on June 2024
Cummins India Ltd(4.16%), Kalyan Jewellers India Ltd(3.54%), Tube Investments of India Ltd Ordinary Shares(3.27%), Trent Ltd(3.03%), The Federal Bank Ltd(3%) as on June 2024
Industrial(20.85%), Financial Services(19.81%), Consumer Cyclical(18.59%) as on June 2024
The alpha ratio for the Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
4.44
1.53
-2.5
As on June 2024
The alpha for Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal is calculated against S&P BSE Midcap 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 Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
0.87
0.88
0.93
As on June 2024
The Beta for Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal is calculated with S&P BSE Midcap 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 Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
3.19
1.43
0.87
As on June 2024
The sharpe ratio for Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal is calculated with S&P BSE Midcap 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 Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
12.17
13.72
21.03
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 3.19 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ratish Varier, S. Bharath are the fund managers of Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal
The Exit load of Sundaram Mid Cap Direct Plan Payout of Income Distribution cum Capital Withdrawal is 1%