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Funds/Sundaram Services Fund

Sundaram Services Fund

Sundaram Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

Sundaram Services Fund is heavily tilted toward India's services economy, with banking and finance representing nearly a third of the portfolio—a bet on financial intermediation and credit cycles. The manager has reduced tech exposure by exiting Tech Mahindra and pivoting cash into money-market instruments (TREPS), signaling caution on IT valuations and preference for near-term liquidity. The concentrated top-ten holding of 42.6% alongside thematic positioning suggests conviction in cyclical service-led growth, though this concentration warrants close monitoring amid volatility.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Regular Growth₹33.6480+0.26%-1.54%+15.09%+16.35%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
52
Top 5 Weight
27.04%
Top 10 Weight
41.57%
Max Position
6.41%
Conviction Bets
17
Gini
0.370
Large Cap
47.89%
Mid Cap
16.05%
Small Cap
27.84%
Top Sector
Banks
Sector Count
20
HHI (bps)
27,868

vs Category Peers

Highly Differentiated
Active Share
75.56%
vs peer portfolio
Weight Overlap
21.13%
with avg peer
Cosine Similarity
0.602
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

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Holdings
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Top 5
22.07%
Gini
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Sundaram Infrastructure Advantage Fund
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Top 5
32.47%
Gini
0.370
Canara Robeco Infrastructure Fund
Canara Robeco Mutual Fund
Holdings
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Top 5
26.80%
Gini
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Mirae Asset Infrastructure Fund
Mirae Asset Mutual Fund
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30.56%
Gini
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Kotak MNC Fund
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Bandhan Innovation Fund
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Top 5
20.16%
Gini
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What Changed2026-03-31 → 2026-04-30

Holdings: 57 → 54+0 added−3 removed30 weight shifts ≥ 0.1%
StockWeight
No new entries this month

Full Holdings

#Holding% to NAV
1
Bharti Airtel Ltd
INE397D01024
6.41%
2
HDFC Bank Ltd
INE040A01034
5.93%
3
Axis Bank Ltd
INE238A01034
5.00%
4
Reliance Industries Ltd
INE002A01018
5.00%
5
Zomato Ltd
INE758T01015
4.69%
6
Adani Ports and Special Economic Zone Ltd
INE742F01042
3.91%
7
TREPS
3.65%
8
Apollo Hospitals Enterprise Ltd
INE437A01024
2.72%
9
ICICI Bank Ltd
INE090A01021
2.69%
10
Titan Company Ltd
INE280A01028
2.62%
11
Shriram Finance Ltd
INE721A01047
2.61%
12
PNB Housing Finance Ltd
INE572E01012
2.59%
13
Bajaj Finserv Ltd
INE918I01026
2.56%
14
Aster DM Healthcare Ltd
INE914M01019
2.49%
15
Cholamandalam Financial Holdings Ltd
INE149A01033
2.22%
16
Rate Gain Travel Technologies Ltd
INE0CLI01024
2.22%
17
Interglobe Aviation Ltd
INE646L01027
2.18%
18
Info Edge (India) Ltd
INE663F01032
2.14%
19
Indus Towers Ltd (Prev Bharti Infratel Ltd)
INE121J01017
1.91%
20
Aavas Financiers Ltd
INE216P01012
1.90%

Sector Allocation

Banks19.8%
Finance12.8%
Telecom - Services9.3%
Retailing7.0%
Healthcare Services6.7%
It - Software5.6%
Petroleum Products5.0%
Transport Infrastructure3.9%
Consumer Durables3.7%
Leisure Services3.7%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Sundaram Services Fund hold?

Sundaram Services Fund holds 52 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.04% of NAV.

What is the largest holding in Sundaram Services Fund?

The largest position in Sundaram Services Fund is Bharti Airtel Ltd, accounting for 6.41% of NAV in the Telecom - Services sector.

Is Sundaram Services Fund a concentrated or diversified fund?

With a Gini coefficient of 0.370, Sundaram Services Fund is well-diversified. The HHI concentration index is 27,868 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.04% of the portfolio.

What is the market cap allocation of Sundaram Services Fund?

Based on SEBI's AMFI classification, Sundaram Services Fund's equity portfolio is split as: Large Cap: 47.89%, Mid Cap: 16.05%, Small Cap: 27.84%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Sundaram Services Fund invest in most?

Sundaram Services Fund has the highest allocation to Banks (19.84%), Finance (12.85%), Telecom - Services (9.31%). The fund is invested across 20 sectors in total.

How actively managed is Sundaram Services Fund compared to other Sectoral / Thematic funds?

Sundaram Services Fund has an Active Share of 75.56%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in Sundaram Services Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Sundaram Services Fund exited 3 stocks (including Tech Mahindra Ltd). Total holding count decreased from 57 to 54 stocks.