Sundaram Financial Services Opportunities Fund
The fund remains heavily tilted toward financial services, with banks and finance companies comprising nearly 89% of the portfolio. The manager's conviction in this sector is evident from the concentrated positioning in large-cap lenders like HDFC, ICICI, and Axis Bank, which collectively represent nearly 36% of holdings. The recent swap of IndusInd Bank for OnEMI Technology and the increased Kotak weight suggest a subtle rotation toward select mid-cap financials and fintech exposure, signaling confidence in digital financial services while maintaining core banking stability.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹102.6521 | -1.98% | -7.24% | -4.97% | +0.33% | +14.34% | +14.72% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| OnEMI Technology Solutions LTD | 0.38% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 14.90% |
| 2 | ICICI Bank Ltd INE090A01021 | 11.09% |
| 3 | Axis Bank Ltd INE238A01034 | 9.58% |
| 4 | State Bank of India INE062A01020 | 6.65% |
| 5 | Bajaj Finserv Ltd INE918I01026 | 4.60% |
| 6 | DCB Bank Ltd INE503A01015 | 4.38% |
| 7 | PNB Housing Finance Ltd INE572E01012 | 4.09% |
| 8 | Shriram Finance Ltd INE721A01047 | 3.91% |
| 9 | Bank of Baroda INE028A01039 | 3.61% |
| 10 | Kotak Mahindra Bank Ltd INE237A01036 | 3.25% |
| 11 | Cholamandalam Financial Holdings Ltd INE149A01033 | 3.23% |
| 12 | Aavas Financiers Ltd INE216P01012 | 3.18% |
| 13 | TREPS | 3.10% |
| 14 | CSB Bank Ltd INE679A01013 | 3.03% |
| 15 | Ujjivan Small Finance Bank Ltd INE551W01018 | 2.84% |
| 16 | Equitas Small Finance Bank Limited INE063P01018 | 2.69% |
| 17 | REC Ltd INE020B01018 | 2.49% |
| 18 | Bandhan Bank Ltd INE545U01014 | 2.46% |
| 19 | One 97 Communications Ltd INE982J01020 | 1.54% |
| 20 | PB Fintech Ltd INE417T01026 | 1.46% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.