Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth

Equity
Direct
Index Funds
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth

About the Fund

Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has ₹86 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has given a CAGR return of 13.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.74%, 20.76% and 21.16% respectively.

Holdings

Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Consumer Defensive, Industrial, Utilities, Health, Energy, Tech, Communication, Real Estate. Its top holdings are Vedanta Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Samvardhana Motherson International Ltd, Bharat Electronics Ltd, Siemens Ltd

Taxation

As it is a index funds 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth

To invest principally in securities that comprise Nifty 100 Equal Weight Index and subject to tracking errors endeavour to attain results commensurate with the Nifty 100 Equal Weight Index.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1828 people have invested ₹ 21.6L in Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Fund Overview

Expense ratio0.57%
Benchmark
NIFTY 100 Equal Weighted Index TR INR
AUM₹86 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
40.53%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 96.3%

  • Debt & Cash 3.7%

Large cap
89.1%

Mid cap
7.2%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
23.1%
Basic Materials
13.3%
Consumer Cyclical
12.7%
Consumer Defensive
11.7%
Industrial
10.5%
Utilities
8%
Health
6.6%
Energy
5.6%
Tech
5.5%
Communication
2.2%
Real Estate
0.8%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Ashish Aggarwal
Ashish Aggarwal
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth, since 1 January 2022
Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth, since 1 January 2022

Mutual Fund Insights

Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, HDFC Nifty 100 Equal Weight Index Fund Direct Growth has given 46.62% return, outperforming this fund by 0.88%.
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This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.57% which is lower than the category average expense ratio of 0.66%.
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In the last 5 years, this fund has outperformed all funds in its category.
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Over the last 3 months, this fund has experienced a 23.4% growth in AUM moving from 69.47 Cr to 85.73 Cr.

Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth 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 13.99% since inception which is less than its category average return of 22.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.34% in Equity, 0% in Debt and 3.66% in Cash related instruments
AUM size ₹86 Cr

AUM size ₹86 Cr

This fund has AUM of ₹86 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.57%

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is more than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is ₹184.14 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.24%
2.24%
6 Month Returns
21.54%
21.54%
1 Year Returns
45.74%
45.74%
3 Years Returns
76.08%
20.76%
5 Years Returns
161.04%
21.16%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.57% as on June 2024
₹86 Cr as on June 2024
Vedanta Ltd(1.43%), Hindustan Aeronautics Ltd Ordinary Shares(1.41%), Samvardhana Motherson International Ltd(1.39%), Bharat Electronics Ltd(1.32%), Siemens Ltd(1.32%) as on June 2024
Financial Services(22.3%), Basic Materials(12.84%), Consumer Cyclical(12.19%) as on June 2024
The alpha ratio for the Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
-
-
-
As on June 2024
The alpha for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated against NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
-
-
-
As on June 2024
The Beta for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
2.74
1.03
0.77
As on June 2024
The sharpe ratio for Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is calculated with NIFTY 100 Equal Weighted Index 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 Nifty 100 Equal Wgt Dir Gr Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
11.81
13.85
19.41
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 1.91 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashish Aggarwal, Rohit Seksaria are the fund managers of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth
The Exit load of Sundaram Nifty 100 Equal Wgt Dir Gr Fund Direct Growth is 0%