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Unrated

Sundaram Services Fund - Direct Plan


Equity: Thematic

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 Lakh

Suitability:

This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.

We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -12.68 -1.06 -1.80 4.92 16.08 -14.05 -1.04 -- -- -- --
S&P BSE 500 TRI -11.23 -1.58 -1.67 6.30 18.53 -13.06 -6.56 -- -- -- --

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Services Fund - Direct Plan
Unrated
Sep-18 -1.04 -- -- 1.24 1,074
ICICI Prudential India Opportunities Fund - Direct Plan  | Invest Now
Unrated
Jan-19 -13.12 -- -- 0.58 2,521
SBI Magnum Equity ESG Fund - Direct Plan  | Invest Online
Unrated
Jan-13 -5.70 3.37 6.23 1.42 2,510
Axis ESG Equity Fund - Direct Plan
Unrated
Feb-20 -- -- -- 0.40 1,690
UTI Transportation and Logistics Fund - Direct Plan  | Invest Online
Unrated
Jan-13 -10.43 -10.59 -0.78 1.41 1,113

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.21 (26-May-2020 - 02-Jun-2020) -20.97 (16-Mar-2020 - 23-Mar-2020)
Month 16.81 (23-Mar-2020 - 22-Apr-2020) -39.59 (20-Feb-2020 - 23-Mar-2020)
Quarter 32.08 (24-Mar-2020 - 23-Jun-2020) -34.29 (23-Dec-2019 - 23-Mar-2020)
Year 35.65 (19-Feb-2019 - 19-Feb-2020) -23.92 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 4.28 21.61 -0.05 -0.05 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 53.71
Top 5 Stocks (%) 38.07
Top 3 Sectors (%) 75.56
Portfolio P/B Ratio 3.38
Portfolio P/E Ratio 29.98

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 60,150 76,780
Giant (%) 49.72 41.62
Large (%) 7.09 25.31
Mid (%) 18.59 23.00
Small (%) 24.14 12.66
Tiny (%) 0.47 0.43

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Reliance Industries Energy 33.34 8.45 0.00 8.45
equal ICICI Bank Financial 23.84 8.44 0.00 8.32
equal Bharti Airtel Communication -- 8.60 0.00 8.11
equal HDFC Bank Financial 21.51 9.40 0.00 8.04
equal HDFC Financial 14.63 5.22 0.00 5.14
equal Trent Services 182.06 5.23 0.00 5.07
equal SBI Life Insurance Company Financial 60.64 4.56 0.00 3.15
equal Indraprastha Gas Energy 23.12 3.99 0.00 2.56
equal ICICI Lombard General Insurance Company Financial 48.75 4.68 0.00 2.53
equal Quess Corp Financial -- 2.70 0.00 2.33
equal Westlife Development Services -- 2.87 0.00 2.33
equal Container Corp. Services 63.87 2.32 0.00 2.32
equal HDFC Life Insurance Financial -- 3.11 0.00 2.26
down INOX Leisure Services 156.96 3.80 0.00 2.20
equal Bajaj Finserv Financial 30.09 2.15 0.00 2.15
equal Mahindra Holidays & Resorts Services 32.56 2.44 0.00 1.90
equal Affle (India) Communication 66.62 2.00 0.00 1.77
up Avenue Supermarts Services 138.64 1.75 0.00 1.75
equal Indian Railway Catering & Tourism Corpn. Services 41.45 1.93 0.00 1.73
equal Thyrocare Technologies Healthcare 33.95 1.71 0.00 1.49
equal Apollo Hospitals Healthcare 44.19 1.83 0.00 1.47
equal Info Edge (India) Services -- 1.93 0.00 1.39
equal Security and Intelligence Services Services 24.00 1.82 0.00 1.37
equal Aditya Birla Fashion and Retail Services -- 3.11 0.00 1.28
equal Kotak Mahindra Bank Financial 30.03 6.37 0.00 1.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Rahul Baijal since 29-Aug-2018

Education: Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering

Experience: Prior to joining Sundaram Mutual Fund, he has worked with Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.

Interviews:

Funds Managed:

— Rohit Seksaria since 29-Aug-2018

Education: Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad

Experience: Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.

Funds Managed:

— S Krishnakumar since 29-Aug-2018

Education: Mr. Kumar is a B. Tech from National Institute of Technology Trichy, and MBA from LIBA Chennai.

Experience: Prior to joining Sundaram BNP Paribas Mutual Fund he has worked with Anush Shares & Securities.

Interviews:

Funds Managed:


-1.06%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 11.1008

Dividend: ₹ 10.1621


Investment Strategy

The scheme seeks capital appreciation by investing in equity / equity related instruments of companies who drive a majority of their income from business predominantly in the Services sector of the economy.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load For units in excess of 25% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 21-Sep-2018
Return Since Launch: 5.93%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,074 Cr (As on 30-Jun-2020)
Expense: 1.24% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 63.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Feb-20200.1948

 15-Oct-20190.7083

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM