Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal
Equity
Direct
Equity - Other
NAV: ₹ 17.2 as on 23-03-2023
Fund Performance
2 people have invested ₹ 200 in mutual fund in the last three months
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal Performance as on (23-Mar-23)
About the Fund
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
1) Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal has a NAV of ₹17.2243 as on 23-03-2023.
2) Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal has ₹2273 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.9 %.
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal Overview
 | 0.9% |
 Benchmark | IISL Nifty Services Sector TR INR |
 | ₹2273 Cr |
 | 21 September, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 51.39% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
55.8%
Small cap
24.3%
Mid cap
12.7%
Sector Allocation
Financial Services
48%
Communication
14.6%
Consumer Cyclical
9.4%
Health
6.4%
Tech
5.8%
Energy
5.8%
Industrial
5.3%
Real Estate
2.6%
Utilities
2.2%
Top Holdings of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal as on (28-Feb-23)
Equity Holdings46
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 9.42% | 0% | |
 Housing Development Finance Corp Ltd | 7.6% | 15% | |
 Bharti Airtel Ltd | 6.82% | 0% | |
 Reliance Industries Ltd | 5.35% | 0% | |
 HDFC Bank Ltd | 4.6% | -17.7% |
See all
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.10% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 1.12% in Feb'23
AUM Change
- AUM of the fund stands at 2.3K Cr as of Feb'23
- AUM decreased by 11.4 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
INOX Leisure Ltd's allocation increased from 1.53% to 2.43%
Persistent Systems Ltd's allocation increased from 1.43% to 1.78%
Bajaj Finance Ltd's allocation increased from 0.3% to 0.49%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 9.52 % to 9.12 %
Bharti Airtel Ltd's allocation decreased from 7.18 % to 7.04 %
HDFC Bank Ltd's allocation decreased from 8.96 % to 5.57 %
Large Cap allocation has gone down from 56% to 55.8%
Small Cap allocation has gone up from 24% to 24.3%
Mid Cap allocation has gone down from 12.9% to 12.7%
Cash allocation has gone up from 7.1% to 7.2%
Top 3 Sectors in February were Financial Services, Communication & Consumer Cyclical
Feb'23
Financial Services
48%
Communication
15%
Consumer Cyclical
9%
Jan'23
Financial Services
48%
Communication
15%
Consumer Cyclical
10%
Gainers & Losers in Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Equitas Small Finance Bank Ltd | 34.4% |
Dreamfolks Services Ltd | 17.9% |
 LTI Mindtree Ltd | 7.6% |
Top Losers | 1M Return |
|---|---|
 Zee Entertainment Enterprises Ltd | -11.6% |
 PVR Ltd | -8.4% |
 Bharti Airtel Ltd | -3.5% |
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
Fund 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 18.62% since inception which is more than its category average return of 9.41%
Fund Allocations
This fund has an allocation of 92.75% in Equity, 0% in Debt and 7.25% in Cash related instruments
AUM size ₹2273 Cr
This fund has AUM of ₹2273 Cr which is more than its category average of ₹ 1200 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.45%
Frequently Asked Questions
The current NAV of Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal is 17.04 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Sundaram Services Direct Reinvestment of Income Distribution cum Capital Withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | -3.43% | -3.43% |
6 Month Returns | -4.93% | -4.93% |
1 Year Returns | 1.26% | 1.26% |
3 Years Returns | 108.13% | 27.68% |
5 Years Returns | 0% | 0% |
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0.9 as on February 2023
2273 Cr as on February 2023
ICICI Bank Ltd(9.42%),Housing Development Finance Corp Ltd(7.6%),Bharti Airtel Ltd(6.82%),Reliance Industries Ltd(5.35%),HDFC Bank Ltd(4.6%) as on February 2023
Financial Services(44.49%),Communication(13.5%),Consumer Cyclical(8.68%) as on February 2023
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 | 5.92 | 5.83 | - |
As on February 2023
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 | 0.86 | 0.9 | - |
As on February 2023
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 | 0.12 | 0.66 | - |
As on February 2023
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 | 16.18 | 24.66 | - |
As on February 2023
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 0.91 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.6 as on February 2023. 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%
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.