August 11, 2023
mayank
Sundaram Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 25.8032
NAV IDCW: Rs 20.5244
Suitable For Which Investors?
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 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 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.
Fund Manager:
1) Ravi Gopalakrishnan
Education: Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
Experience: Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
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 Services Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 21-Sep-18 |
| Return Since Launch | 21.40% |
| Benchmark | NIFTY Service Sector TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,754 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.78% |
| (As on 30-Jun-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 30.00% |
Sundaram Services Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Services Dir | 13.33 | -0.16 | 2.69 | 11.40 | 15.54 | 18.12 | 30.66 | — | — | — |
| S&P BSE 500 TRI | 10.31 | -0.35 | 2.51 | 10.00 | 13.55 | 14.04 | 23.82 | — | — | — |
Sundaram Services 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 Services Dir | Unrated | 18.12 | 30.66 | — | 0.78 | 2,754 | 21.40 | 1.00 (365) | 4Y 10M | 30.00 |
| ICICI Pru Ind Opp Dir | Unrated | 28.15 | 38.21 | — | 0.70 | 10,720 | 22.68 | 1.00 (365) | 4Y 6M | 41.00 |
| ICICI Pru Business Cycle Dir | Unrated | 21.90 | — | — | 0.63 | 6,407 | 21.87 | 1.00 (30) | 2Y 6M | 50.00 |
| HDFC Business Cycle Dir | Unrated | — | — | — | 0.55 | 2,721 | 12.37 | 1.00 (365) | 8M | — |
| ICICI Pru Transportation and Logistics Dir | Unrated | — | — | — | 0.30 | 2,531 | 20.40 | 1.00 (30) | 9M | 50.00 |
Portfolio Analysis of Sundaram Services Fund
| No. of Stocks | 47 |
| Top 10 Stocks | 48.55% |
| Top 5 Stocks | 35.30% |
| Top 3 Sectors | 63.54% |
| Portfolio P/B Ratio | 3.92 |
| Portfolio P/E Ratio | 28.98 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,03,111 | 1,19,685 |
| Giant (%) | 44.26 | 43.35 |
| Large (%) | 12.71 | 24.47 |
| Mid (%) | 33.32 | 25.73 |
| Small (%) | 9.71 | 11.47 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Sundaram Services Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
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