August 10, 2023
mayank
Sundaram Mid Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 933.1111
NAV IDCW: Rs 54.4681
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme aims to achieve capital appreciation by investing in mid-cap stocks. The fund defines ‘midcap’ as a stock whose market capitalization shall not exceed the market capitalization of the 50th stock (after sorting the securities in the descending order of market capitalization) listed with the NSE.
Fund Manager:
1) Ratish Varier
Education: Mr. Varier is a B.Com. & MBA (Finance)
Experience: Prior to joining Sundaram Asset Management Company, he has worked with Mahindra Asset Management, Reliance Life Insurance Company Limited.
2) S Bharath
Education: Mr. Bharath is a B Com (H), MBA and ICWA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with Navia Markets 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 Mid Cap Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 17.31% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 7,976 Cr |
| (As on 30-Jun-2023) | |
| Expense | 0.97% |
| (As on 30-Jun-2023) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 44.00% |
Sundaram Mid Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Midcap Dir | 17.23 | 0.36 | 4.68 | 15.68 | 18.47 | 20.71 | 29.51 | 12.91 | 13.00 | 20.72 |
| S&P BSE 150 MidCap TRI | 19.75 | 0.34 | 6.24 | 17.12 | 21.03 | 24.78 | 33.11 | 16.24 | 17.00 | 21.83 |
| Equity: Mid Cap | 18.33 | 0.31 | 5.02 | 15.76 | 19.55 | 22.08 | 30.99 | 16.44 | 15.97 | 22.45 |
| Rank within category | 24 | 15 | 26 | 21 | 26 | 19 | 18 | 18 | 18 | 16 |
| Number of funds in category | 38 | 39 | 39 | 39 | 38 | 31 | 25 | 21 | 19 | 17 |
Sundaram Mid Cap 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 Midcap Dir | 2 star | 20.71 | 29.51 | 12.91 | 0.97 | 7,976 | 17.31 | 1.00 (365) | 10Y 7M | 44.00 |
| HDFC Mid-Cap Opp Dir | 4 star | 32.42 | 35.32 | 17.48 | 0.88 | 45,449 | 20.50 | 1.00 (365) | 10Y 7M | 12.16 |
| Kotak Emrgng Eqt Dir | 4 star | 19.94 | 33.10 | 18.75 | 0.39 | 31,389 | 20.31 | 1.00 (365) | 10Y 7M | 2.52 |
| Nippon Ind Growth Dir | 4 star | 26.47 | 34.26 | 19.33 | 1.15 | 17,350 | 17.56 | 1.00 (30) | 10Y 7M | 43.00 |
| SBI Magnum Midcap Dir | 4 star | 19.09 | 35.03 | 18.77 | 0.91 | 11,809 | 19.69 | 1.00 (365) | 10Y 7M | 11.00 |
Portfolio Analysis of Sundaram Mid Cap Fund
| No. of Stocks | 66 |
| Top 10 Stocks | 27.08% |
| Top 5 Stocks | 15.07% |
| Top 3 Sectors | 43.85% |
| Portfolio P/B Ratio | 3.45 |
| Portfolio P/E Ratio | 23.36 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 41,207 | 36,831 |
| Giant (%) | 4.36 | 5.58 |
| Large (%) | 33.70 | 24.45 |
| Mid (%) | 59.64 | 68.92 |
| Small (%) | 2.30 | 6.06 |
| Tiny (%) | — | 0.33 |
Chanakya’s Mutual Fund Guidance For Sundaram Mid Cap Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
>> Post your MF questions @ sahifund.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com