Sundaram Services Direct Growth

Sundaram Services Direct Growth

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Equity
Direct
Equity - Other
NAV: ₹ 29.9 as on 20-02-2024
Fund Performance
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1507 people have invested ₹ 49.8L in Sundaram Services Direct Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 31.37% return, outperforming this fund by 7.5% per annum.
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This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.14%.
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In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 101.38% return, outperforming this fund by 66.87%.
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In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 44.78% return, outperforming this fund by 22.3% per annum.

INDmoney Rank of Sundaram Services Direct Growth

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

About the Sundaram Services Direct Growth

Sundaram Services Direct Growth is an equity fund. This fund was started on 21 September, 2018. The fund is managed by Ravi Gopalakrishnan, Rohit Seksaria. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram Services Direct Growth has ₹3231 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Sundaram Services Direct Growth Overview

Expense ratio
Expense ratio
0.82%
Benchmark
Benchmark
IISL Nifty Services Sector TR INR
AUM
AUM
₹3231 Cr
Inception Date
Inception Date
21 September, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
28.5%

Sundaram Services Direct Growth Distribution as on (31-Jan-24)

  • Equity 95.2%

  • Debt & Cash 4.8%

Size breakup

Large cap
53.7%
Small cap
26.5%
Mid cap
12.2%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
45.2%
Communication
13.6%
Consumer Cyclical
11.1%
Tech
7.8%
Health
7.1%
Energy
5.7%
Industrial
3.7%
Utilities
2.8%
Consumer Defensive
1.5%
Real Estate
1.5%

Top Holdings of Sundaram Services Direct Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings49
Debt Holdings1

Sundaram Services Direct Growth: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.32%
4.99%
7.30%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 0.32% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 1.39% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 3.2K Cr
₹ 3.2K Cr
₹ 3K Cr
  • AUM of the fund stands at 3.2K Cr as of Jan'24
  • AUM increased by 20.3 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Sundaram Services Direct Growth portfolio Returns for the month of Jan

Sundaram Services Direct Growth Fund Manager

Ravi Gopalakrishnan
Ravi Gopalakrishnan
Fund Manager of Sundaram Services Direct Growth, since 16 May 2022
Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Services Direct Growth, since 21 September 2018

Sundaram Services 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 22.42% since inception which is more than its category average return of 22.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.21% in Equity, 0.59% in Debt and 4.2% in Cash related instruments
AUM size ₹3231 Cr

AUM size ₹3231 Cr

This fund has AUM of ₹3231 Cr which is more than its category average of ₹ 1689 Cr
Expense Ratio 0.82%

Expense Ratio 0.82%

This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Sundaram Services Direct Growth is ₹29.91 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
Sundaram Services Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.63%
1.63%
6 Month Returns
17.21%
17.21%
1 Year Returns
34.5%
34.5%
3 Years Returns
83.74%
22.48%
5 Years Returns
191.67%
23.87%
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0.82% as on January 2024
₹3231 Cr as on January 2024
ICICI Bank Ltd(9.77%), Bharti Airtel Ltd(8.25%), HDFC Bank Ltd(7.78%), Reliance Industries Ltd(5.28%), Cholamandalam Financial Holdings Ltd(3.19%) as on January 2024
Financial Services(43.02%), Communication(12.92%), Consumer Cyclical(10.59%) as on January 2024
The alpha ratio for the Sundaram Services Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Services Direct Growth
16.32
11.68
9.24
As on January 2024
The alpha for Sundaram Services Direct Growth is calculated against IISL Nifty Services Sector 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 Services Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Services Direct Growth
0.73
0.87
0.87
As on January 2024
The Beta for Sundaram Services Direct Growth is calculated with IISL Nifty Services Sector 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 Services Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Services Direct Growth
2.42
1.37
0.92
As on January 2024
The sharpe ratio for Sundaram Services Direct Growth is calculated with IISL Nifty Services Sector 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 Services Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Services Direct Growth
9.7
14.16
19.95
As on January 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 3.01 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.88 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ravi Gopalakrishnan, Rohit Seksaria are the fund managers of Sundaram Services Direct Growth
The Exit load of Sundaram Services Direct Growth is 1%