Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal
Equity
Direct
Equity - Other
NAV: ₹ 22.63 as on 23-04-2024
Fund Performance
6 people have invested ₹ 28K in Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal in the last three months
About the Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal is an equity fund. This fund was started on 21 September, 2018. The fund is managed by Rohit Seksaria, Ravi Gopalakrishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal has ₹3284 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 Reinvestment of Income Distribution cum Capital Withdrawal Overview
 | 0.58% |
 Benchmark | IISL Nifty Services Sector TR INR |
 | ₹3284 Cr |
 | 21 September, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 28.5% |
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal Distribution as on (31-Mar-24)
Size breakup
Large cap
50.9%
Small cap
25.9%
Mid cap
14.7%
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 Reinvestment of Income Distribution cum Capital Withdrawal as on (31-Mar-24)
Equity Holdings51
Debt Holdings2
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal: 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 Reinvestment of Income Distribution cum Capital Withdrawal 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 Reinvestment of Income Distribution cum Capital Withdrawal Fund Manager
Rohit Seksaria
Fund Manager of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal, since 21 September 2018
Top funds managed
Ravi Gopalakrishnan
Fund Manager of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal, since 16 May 2022
Top funds managed
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal 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 21.85% since inception which is less than its category average return of 22.61%
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 ₹3284 Cr
This fund has AUM of ₹3284 Cr which is more than its category average of ₹ 1778 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 Reinvestment of Income Distribution cum Capital Withdrawal is ₹22.63 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 3.67% | 3.67% |
6 Month Returns | 16.4% | 16.4% |
1 Year Returns | 37.24% | 37.24% |
3 Years Returns | 93.23% | 24.55% |
5 Years Returns | 176.12% | 22.52% |
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.
0.58% as on March 2024
₹3284 Cr as on March 2024
Bharti Airtel Ltd(8.52%), ICICI Bank Ltd(7.63%), HDFC Bank Ltd(7.09%), Reliance Industries Ltd(5.41%), Cholamandalam Financial Holdings Ltd(2.95%) 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 Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | 14.41 | 10.44 | 8.61 |
As on March 2024
The alpha for Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal 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 Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | 0.73 | 0.86 | 0.88 |
As on March 2024
The Beta for Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal 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 Reinvestment 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 Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | 2.6 | 1.16 | 0.83 |
As on March 2024
The sharpe ratio for Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal 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 Reinvestment 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 Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | 9.49 | 14.18 | 20.06 |
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 2.49 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.45 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Ravi Gopalakrishnan are the fund managers of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal
The Exit load of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal is 1%