Sundaram Services Fund Direct Growth

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

1. Sundaram Services Fund Direct Growth has ₹4161 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.8.
   

Sundaram Services Fund Direct Growth has given a CAGR return of 22.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.26%, 25.56% and 28.61% respectively.

Sundaram Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Communication, Consumer Cyclical, Government, Health, Tech, Industrial, Energy, Corporate, Real Estate. Its top holdings are Bharti Airtel Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Eternal Ltd, Adani Ports & Special Economic Zone Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

To seek capital appreciation by investing in equity / equity related instruments of companies who drive a majoirty of their income from business predominantly in the Services sector of the economy. however, there can be no assurance that the investment objective of the Scheme will be realized. Services sector includes healthcare, Fitness, tourism & hospitality, transportation & Logistics, education, Staffing, Wealth management, media, Retail, aviation, Legal, architecture, Design services etc.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Services Fund Direct Growth has no lock in period.