Sundaram Mid Cap - Direct Plan - Growth Option
Equity
Direct
Mid-Cap
NAV: ₹ 1261.69 as on 03-05-2024
About the Fund
Sundaram Mid Cap - Direct Plan - Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ratish Varier, S. Bharath. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Mid Cap - Direct Plan - Growth Option has ₹10269 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Fund Performance
2353 people have invested ₹ 2.4Cr in Sundaram Mid Cap - Direct Plan - Growth Option in the last three months
Overview
 | 0.87% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹10269 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 44.84% |
Sundaram Mid Cap - Direct Plan - Growth Option Distribution as on (31-Mar-24)
Size breakup
Mid cap
70.9%
Large cap
12.7%
Small cap
11.7%
Sector Allocation
Financial Services
24.3%
Industrial
21.1%
Consumer Cyclical
18.9%
Health
11.9%
Basic Materials
7.9%
Tech
6.5%
Utilities
3.2%
Real Estate
2.1%
Consumer Defensive
1.8%
Energy
1.2%
Communication
1.2%
Top Holdings of Sundaram Mid Cap - Direct Plan - Growth Option as on (30-Apr-24)
Equity Holdings72
Debt Holdings1
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Voltas Ltd | 21.5% |
 Trent Ltd | 18.5% |
 Cummins India Ltd | 8.4% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.54% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 1.70% in Mar'24
AUM Change
- AUM of the fund stands at 10.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.87% which is lower than the category average expense ratio of 1.17%.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 35.4% return, outperforming this fund by 13.77% per annum.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.33% return, outperforming this fund by 10.45% per annum.
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 73.52% return, outperforming this fund by 15.1%.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Ratish Varier
Fund Manager of Sundaram Mid Cap - Direct Plan - Growth Option, since 24 February 2021
Top funds managed
S. Bharath
Fund Manager of Sundaram Mid Cap - Direct Plan - Growth Option, since 24 February 2021
Top funds managed
Sundaram Mid Cap - Direct Plan - Growth Option 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 19.16% since inception which is less than its category average return of 19.32%
Fund Allocations
This fund has an allocation of 95.28% in Equity, 0.09% in Debt and 4.63% in Cash related instruments
AUM size ₹10269 Cr
This fund has AUM of ₹10269 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 0.87%
This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Sundaram Mid Cap - Direct Plan - Growth Option is ₹1261.69 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Sundaram Mid Cap - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 3.32% | 3.32% |
6 Month Returns | 29.34% | 29.34% |
1 Year Returns | 58.41% | 58.41% |
3 Years Returns | 109.1% | 27.87% |
5 Years Returns | 166.16% | 21.63% |
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.
0.87% as on April 2024
₹10269 Cr as on April 2024
Cummins India Ltd(3.64%), Kalyan Jewellers India Ltd(3.48%), The Federal Bank Ltd(3.36%), Tube Investments of India Ltd Ordinary Shares(3.33%), Power Finance Corp Ltd(3.24%) as on April 2024
Financial Services(22.53%), Industrial(20.3%), Consumer Cyclical(17.8%) as on April 2024
The alpha ratio for the Sundaram Mid Cap - Direct Plan - Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Mid Cap - Direct Plan - Growth Option | 4.96 | 1.64 | -2.4 |
As on April 2024
The alpha for Sundaram Mid Cap - Direct Plan - Growth Option is calculated against S&P BSE Midcap 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 Mid Cap - Direct Plan - Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Mid Cap - Direct Plan - Growth Option | 0.85 | 0.87 | 0.93 |
As on April 2024
The Beta for Sundaram Mid Cap - Direct Plan - Growth Option is calculated with S&P BSE Midcap 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 Mid Cap - Direct Plan - Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Mid Cap - Direct Plan - Growth Option | 3.49 | 1.48 | 0.8 |
As on April 2024
The sharpe ratio for Sundaram Mid Cap - Direct Plan - Growth Option is calculated with S&P BSE Midcap 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 Mid Cap - Direct Plan - Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Mid Cap - Direct Plan - Growth Option | 11.44 | 13.47 | 20.92 |
As on April 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 3.3 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ratish Varier, S. Bharath are the fund managers of Sundaram Mid Cap - Direct Plan - Growth Option
The Exit load of Sundaram Mid Cap - Direct Plan - Growth Option is 1%