Sundaram Services Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 30.21 as on 15-04-2024
Fund Performance
1324 people have invested ₹ 65.2L in Sundaram Services Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 46.45% return, outperforming this fund by 22.09% per annum.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 28.35% return, outperforming this fund by 6.35% per annum.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.13%.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 98.65% return, outperforming this fund by 63.82%.
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
- Sundaram Services Direct Growth has ₹3225 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Sundaram Services Direct Growth Overview
 | 0.58% |
 Benchmark | IISL Nifty Services Sector TR INR |
 | ₹3225 Cr |
 | 21 September, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 28.5% |
Sundaram Services Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
52.6%
Small cap
26.8%
Mid cap
13.6%
Sector Allocation
Financial Services
43.8%
Communication
12.9%
Consumer Cyclical
12.2%
Tech
8.6%
Health
7.4%
Energy
5.8%
Industrial
3.6%
Utilities
2.6%
Consumer Defensive
1.6%
Real Estate
1.5%
Top Holdings of Sundaram Services Direct Growth as on (31-Mar-24)
Equity Holdings51
Debt Holdings1
Sundaram Services Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.45% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.91% in Mar'24
AUM Change
- AUM of the fund stands at 3.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Sundaram Services Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 20.1% |
 ICICI Prudential Life Insurance Company Ltd | 9.7% |
 Bharti Airtel Ltd | 4.9% |
Peer Analysis
Sundaram Services Direct Growth Fund Manager
Ravi Gopalakrishnan
Fund Manager of Sundaram Services Direct Growth, since 16 May 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Services Direct Growth, since 21 September 2018
Top funds managed
Sundaram Services Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.96% since inception which is less than its category average return of 22.12%
Fund Allocations
This fund has an allocation of 95.15% in Equity, 0.59% in Debt and 4.25% in Cash related instruments
AUM size ₹3225 Cr
This fund has AUM of ₹3225 Cr which is more than its category average of ₹ 1773 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Sundaram Services Direct Growth is ₹30.21 as on 15-Apr-2024.
Existing (Absolute + CAGR) as on 15-Apr-2024.
Sundaram Services Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.01% | 4.01% |
6 Month Returns | 12.41% | 12.41% |
1 Year Returns | 34.83% | 34.83% |
3 Years Returns | 92.35% | 24.36% |
5 Years Returns | 170.27% | 22% |
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0.58% as on March 2024
₹3225 Cr as on March 2024
ICICI Bank Ltd(8.25%), Bharti Airtel Ltd(7.93%), HDFC Bank Ltd(7.48%), Reliance Industries Ltd(5.42%), Apollo Hospitals Enterprise Ltd(2.88%) as on March 2024
Financial Services(41.7%), Communication(12.31%), Consumer Cyclical(11.58%) as on March 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 | 15.2 | 10.92 | 8.88 |
As on March 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 | 0.71 | 0.85 | 0.88 |
As on March 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 | 2.72 | 1.24 | 0.85 |
As on March 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 | 9.23 | 13.51 | 19.78 |
As on March 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 2.6 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.72 as on March 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%