August 1, 2023
mayank
Sundaram Financial Services Opportunities Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 84.2529
NAV IDCW: Rs 30.7892
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-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.
Fund’s Investment Strategy:
The scheme seeks long-term capital appreciation by investing predominantly in equity and equity related securities of Indian companies engaged in the banking and financial services.
Fund Manager:
1) Ashish Aggarwal
Education: Mr. Aggarwal has done BE, PGPM
Experience: Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, IL&FS Investsmart, Tata Securities and Antique Stock Broking.
2) Rohit Seksaria
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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 25% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Sundaram Financial Services Opportunities Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 13.77% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 759 Cr |
| (As on 30-Jun-2023) | |
| Expense | 0.94% |
| (As on 30-Jun-2023) | |
| Risk GradeLow | |
| Return Grade | Above Average |
| Turnover | 57.00% |
Sundaram Financial Services Opportunities Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Fin Srvices Opp Dir | 15.53 | 0.63 | 4.81 | 14.54 | 20.91 | 30.81 | 30.87 | 15.00 | 15.02 | 18.01 |
| S&P BSE Bankex TRI | 5.83 | 0.22 | 1.86 | 5.66 | 12.32 | 20.10 | 28.59 | 11.12 | 13.61 | 16.93 |
| Equity: Sectoral-Banking | 10.87 | 0.33 | 3.10 | 11.46 | 16.38 | 24.50 | 27.89 | 11.57 | 13.60 | 17.26 |
| Rank within category | 2 | 3 | 3 | 4 | 2 | 2 | 2 | 1 | 4 | 4 |
| Number of funds in category | 18 | 20 | 20 | 19 | 18 | 17 | 12 | 11 | 11 | 7 |
Sundaram Financial Services Opportunities Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Sundaram Fin Srvices Opp Dir | 5 star | 30.81 | 30.87 | 15.00 | 0.94 | 759 | 13.77 | 1.00 (365) | 10Y 7M | 57.00 |
| Nippon Ind Banking & Fin Srvices Dir | 4 star | 26.67 | 34.89 | 11.28 | 1.19 | 4,399 | 14.05 | 1.00 (30) | 10Y 7M | 38.00 |
| SBI Banking & Fin Srvices Dir | 4 star | 19.39 | 25.23 | 12.20 | 0.78 | 4,234 | 14.64 | 0.50 (30) | 8Y 5M | 87.00 |
| Tata Banking & Fin Srvcs Dir | 4 star | 31.63 | 27.06 | 13.20 | 0.56 | 1,504 | 18.57 | 0.25 (30) | 7Y 7M | 17.89 |
| ICICI Pru Banking & Fin Srvces Dir | 3 star | 21.50 | 28.12 | 11.08 | 1.02 | 6,961 | 15.92 | 1.00 (15) | 10Y 7M | 42.00 |
Portfolio Analysis of Sundaram Financial Services Opportunities Fund
| No. of Stocks | 29 |
| Top 10 Stocks | 67.95% |
| Top 5 Stocks | 52.78% |
| Top 3 Sectors | 95.14% |
| Portfolio P/B Ratio | 2.04 |
| Portfolio P/E Ratio | 13.28 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,50,669 | 2,77,220 |
| Giant (%) | 57.81 | 67.95 |
| Large (%) | 15.17 | 16.49 |
| Mid (%) | 18.97 | 13.72 |
| Small (%) | 8.05 | 3.78 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Sundaram Financial Services Opportunities Fund
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
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