Rating : N/A
Sundaram Services Direct Growth
Sectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
1%
Asset Size
1320.30 Cr.
(As of 31 Mar, 2021)
Benchmark
S&P BSE 200 India INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
To seek capital appreciation by investing in equity / equity related instruments of companies who drive a majoirty of their income from business predominantly in the Services sector of the economy. however, there can be no assurance that the investment objective of the Scheme will be realized. Services sector includes healthcare, Fitness, tourism & hospitality, transportation & Logistics, education, Staffing, Wealth management, media, Retail, aviation, Legal, architecture, Design services etc.
Fund manager
S Krishnakumar
Exit load
1 %
(If redeemed within 30 days)Minimum sip
₹100
Minimum investment
₹100
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
HDFC Bank Ltd
9.17%
ICICI Bank Ltd
8.90%
Bharti Airtel Ltd
6.57%
Reliance Industries Ltd Shs Dematerialised
5.59%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 0 stars by Morning Star Ratings.