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Sectoral / Thematic · Sundaram Mutual Fund · AMFI code 144836Sundaram Services Fund
Disclosed for 23 months, Mar 2019 to Sep 2026.
Portfolio value
₹916 Cr
down ₹299 Cr vs Sep 2019
- Stocks held
- 43
- down 1 vs Sep 2019
- Top 10 weight
- 49.8%
- of the portfolio in its ten largest
- Cash & debt
- 12.2%
- cash, money market and debt
- Moves this month
- 2 in · 3 out
- added to 6, trimmed 35
Sundaram Services Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In March 2020 it disclosed 43 stocks worth ₹916 Cr, down ₹299 Cr from Sep 2019. Its largest positions were HDFC Bank Limited (7.6%), Bharti Airtel Limited (7.4%), Reliance Industries Limited (6.5%); the ten largest together made up 49.8% of the portfolio, and Banks was the biggest sector at 17.5% of its equity. Cash and debt stood at 12.2%. Compared with Sep 2019 the fund entered 2 new stocks and exited 3.
Against 226 other Sectoral / Thematic funds
Concentration
59%
Top-10 weight is higher than 59% of peers
Breadth
48%
Holds more stocks than 48% of peers
Cash
98%
Holds more cash than 98% of peers
Holdings in March 2020
Download CSVEvery line the fund disclosed, with the change against Sep 2019. Click a column to sort; click a company to see every fund that owns it.
- Cash, TREPS & receivables
- Weight
- 12.16%
- Δ weight
- up 5.48 pts
- Value
- ₹111 Cr
- Δ value
- up ₹30.3 Cr
- Status
- Added
- Weight
- 7.62%
- Δ weight
- down 0.05 pts
- Value
- ₹69.8 Cr
- Δ value
- down ₹23.4 Cr
- Status
- Trimmed
- Weight
- 7.39%
- Δ weight
- up 3.30 pts
- Value
- ₹67.7 Cr
- Δ value
- up ₹18 Cr
- Status
- Added
- Weight
- 6.47%
- Δ weight
- up 3.60 pts
- Value
- ₹59.3 Cr
- Δ value
- up ₹24.5 Cr
- Status
- Added
- Weight
- 6.34%
- Δ weight
- down 0.49 pts
- Value
- ₹58.1 Cr
- Δ value
- down ₹24.9 Cr
- Status
- Trimmed
- Weight
- 4.68%
- Δ weight
- down 0.16 pts
- Value
- ₹42.8 Cr
- Δ value
- down ₹15.9 Cr
- Status
- Trimmed
- Weight
- 4.44%
- Δ weight
- up 1.23 pts
- Value
- ₹40.7 Cr
- Δ value
- up ₹1.7 Cr
- Status
- Added
- Weight
- 3.83%
- Δ weight
- up 0.33 pts
- Value
- ₹35.1 Cr
- Δ value
- down ₹7.4 Cr
- Status
- Trimmed
- Weight
- 3.28%
- Δ weight
- up 0.17 pts
- Value
- ₹30.1 Cr
- Δ value
- down ₹7.8 Cr
- Status
- Trimmed
- Weight
- 2.87%
- Δ weight
- up 0.29 pts
- Value
- ₹26.3 Cr
- Δ value
- down ₹5 Cr
- Status
- Trimmed
- Weight
- 2.87%
- Δ weight
- up 0.89 pts
- Value
- ₹26.3 Cr
- Δ value
- up ₹2.3 Cr
- Status
- Added
- Weight
- 2.63%
- Δ weight
- down 1.35 pts
- Value
- ₹24.1 Cr
- Δ value
- down ₹24.3 Cr
- Status
- Trimmed
- Weight
- 2.53%
- Δ weight
- down 1.61 pts
- Value
- ₹23.2 Cr
- Δ value
- down ₹27.1 Cr
- Status
- Trimmed
- Weight
- 1.91%
- Δ weight
- up 0.42 pts
- Value
- ₹17.5 Cr
- Δ value
- down ₹65 L
- Status
- Trimmed
- Weight
- 1.86%
- Δ weight
- down 0.52 pts
- Value
- ₹17 Cr
- Δ value
- down ₹11.9 Cr
- Status
- Trimmed
- Weight
- 1.83%
- Δ weight
- down 0.67 pts
- Value
- ₹16.7 Cr
- Δ value
- down ₹13.6 Cr
- Status
- Trimmed
- Weight
- 1.82%
- Δ weight
- up 0.42 pts
- Value
- ₹16.7 Cr
- Δ value
- down ₹36 L
- Status
- Trimmed
- Weight
- 1.71%
- Δ weight
- up 0.37 pts
- Value
- ₹15.6 Cr
- Δ value
- down ₹61 L
- Status
- Trimmed
- Weight
- 1.46%
- Δ weight
- up 1.46 pts
- Value
- ₹13.4 Cr
- Δ value
- up ₹13.4 Cr
- Status
- New
- Weight
- 1.45%
- Δ weight
- up 0.11 pts
- Value
- ₹13.3 Cr
- Δ value
- down ₹3 Cr
- Status
- Trimmed
- Weight
- 1.43%
- Δ weight
- up 0.22 pts
- Value
- ₹13.1 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 1.38%
- Δ weight
- up 0.85 pts
- Value
- ₹12.7 Cr
- Δ value
- up ₹6.2 Cr
- Status
- Added
- Weight
- 1.38%
- Δ weight
- down 3.36 pts
- Value
- ₹12.6 Cr
- Δ value
- down ₹44.9 Cr
- Status
- Trimmed
- Weight
- 1.31%
- Δ weight
- down 0.56 pts
- Value
- ₹12 Cr
- Δ value
- down ₹10.7 Cr
- Status
- Trimmed
- Weight
- 1.25%
- Δ weight
- down 0.87 pts
- Value
- ₹11.5 Cr
- Δ value
- down ₹14.3 Cr
- Status
- Trimmed
- Weight
- 1.20%
- Δ weight
- down 0.29 pts
- Value
- ₹11 Cr
- Δ value
- down ₹7.1 Cr
- Status
- Trimmed
- Weight
- 1.19%
- Δ weight
- up 1.19 pts
- Value
- ₹10.9 Cr
- Δ value
- up ₹10.9 Cr
- Status
- New
- Weight
- 1.12%
- Δ weight
- down 0.18 pts
- Value
- ₹10.3 Cr
- Δ value
- down ₹5.5 Cr
- Status
- Trimmed
- Weight
- 1.07%
- Δ weight
- down 0.02 pts
- Value
- ₹9.8 Cr
- Δ value
- down ₹3.4 Cr
- Status
- Trimmed
- Weight
- 1.04%
- Δ weight
- down 0.42 pts
- Value
- ₹9.6 Cr
- Δ value
- down ₹8.2 Cr
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- down 2.52 pts
- Value
- ₹9.3 Cr
- Δ value
- down ₹33.6 Cr
- Status
- Trimmed
- Weight
- 1.00%
- Δ weight
- down 1.09 pts
- Value
- ₹9.1 Cr
- Δ value
- down ₹16.3 Cr
- Status
- Trimmed
- Weight
- 0.86%
- Δ weight
- down 0.20 pts
- Value
- ₹7.9 Cr
- Δ value
- down ₹5 Cr
- Status
- Trimmed
- Weight
- 0.84%
- Δ weight
- down 0.78 pts
- Value
- ₹7.7 Cr
- Δ value
- down ₹12 Cr
- Status
- Trimmed
- Weight
- 0.82%
- Δ weight
- down 0.06 pts
- Value
- ₹7.5 Cr
- Δ value
- down ₹3.2 Cr
- Status
- Trimmed
- Weight
- 0.74%
- Δ weight
- down 0.14 pts
- Value
- ₹6.8 Cr
- Δ value
- down ₹3.9 Cr
- Status
- Trimmed
- Weight
- 0.53%
- Δ weight
- down 0.07 pts
- Value
- ₹4.8 Cr
- Δ value
- down ₹2.4 Cr
- Status
- Trimmed
- Weight
- 0.51%
- Δ weight
- down <0.01 pts
- Value
- ₹4.7 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 0.47%
- Δ weight
- down 0.58 pts
- Value
- ₹4.3 Cr
- Δ value
- down ₹8.5 Cr
- Status
- Trimmed
- Weight
- 0.45%
- Δ weight
- down 0.29 pts
- Value
- ₹4.1 Cr
- Δ value
- down ₹4.9 Cr
- Status
- Trimmed
- Weight
- 0.45%
- Δ weight
- up 0.44 pts
- Value
- ₹4.1 Cr
- Δ value
- up ₹4.1 Cr
- Status
- Added
- Weight
- 0.37%
- Δ weight
- down 1.15 pts
- Value
- ₹3.4 Cr
- Δ value
- down ₹15.1 Cr
- Status
- Trimmed
- Weight
- 0.25%
- Δ weight
- down 0.19 pts
- Value
- ₹2.3 Cr
- Δ value
- down ₹3.1 Cr
- Status
- Trimmed
- Weight
- 0.17%
- Δ weight
- down 0.17 pts
- Value
- ₹1.6 Cr
- Δ value
- down ₹2.6 Cr
- Status
- Trimmed
- Unidentified holdings
- Weight
- <0.01%
- Δ weight
- up <0.01 pts
- Value
- ₹5 L
- Δ value
- up ₹5 L
- Status
- New
- Arvind Fashions Ltd (Rights Entitlement)Debt
- Weight
- <0.01%
- Δ weight
- up <0.01 pts
- Value
- ₹0 L
- Δ value
- up ₹0 L
- Status
- New
What changed, Sep 2019 to Mar 2020
New New positions (2)
- Indian Railway Catering And Tourism Corporation Limited1.5% · ₹13.4 Cr
- Multi Commodity Exchange of India Limited1.2% · ₹10.9 Cr
Exited Exited (3)
- IndusInd Bank Limitedwas 1.4% · ₹17 Cr
- Cyient Limitedwas 0.7% · ₹9 Cr
- IIFL Capital Services Limitedwas <0.1% · ₹45 L
Added Biggest additions
- Reliance Industries Limitedup ₹24.5 Cr (+3.60% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2019, the weight rose most in Petroleum Products (+4.3 pts) and Telecom - Services (+4.0 pts), and fell most in Banks (−4.8 pts) and Consumer Durables (−2.7 pts).
- Petroleum Products3.1% → 7.4%+4.3 pts
- Telecom - Services4.4% → 8.4%+4.0 pts
- Capital Markets<0.1% → 1.4%+1.3 pts
- Commercial Services1.5% → 2.1%+0.6 pts
- IT - Software<0.1% → 0.5%+0.5 pts
- Insurance10.7% → 11.2%+0.5 pts
- Banks22.3% → 17.5%−4.8 pts
- Consumer Durables3.8% → 1.2%−2.7 pts
- Gas4.3% → 3.0%−1.3 pts
- Entertainment1.6% → 0.4%−1.2 pts
- Retailing13.1% → 12.4%−0.7 pts
- Commercial Services & Supplies2.0% → 1.5%−0.5 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Mar 2019 | Sep 2019 | Sep 2019 | Sep 2019 | Mar 2020 |
|---|---|---|---|---|---|
| Banks | 29.6% | 22.3% | 22.3% | 22.3% | 17.5% |
| Retailing | 10.9% | 13.1% | 13.1% | 13.1% | 12.4% |
| Insurance | 10.9% | 10.7% | 10.7% | 10.7% | 11.2% |
| Leisure Services | 11.1% | 10.4% | 10.4% | 10.4% | 10.6% |
| Telecom - Services | 2.2% | 4.4% | 4.4% | 4.4% | 8.4% |
| Petroleum Products | — | 3.1% | 3.1% | 3.1% | 7.4% |
| Finance | 6.2% | 6.7% | 6.7% | 6.7% | 6.5% |
| Healthcare Services | 4.3% | 5.1% | 5.1% | 5.1% | 5.4% |
| Transport Services | — | 3.5% | 3.5% | 3.5% | 3.9% |
| Media & Entertainment | 2.4% | 3.4% | 3.4% | 3.4% | 3.7% |
Allocation in Mar 2020change vs Sep 2019
- Banks (3)17.5%▼ 4.8 pts
- Retailing (7)12.4%▼ 0.7 pts
- Insurance (3)
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Mar 2020
12.2%
▲ 5.5 pts vs Sep 2019
- Cash alone
- 12.2%
- cash and net receivables
- A year earlier
- 2.1%
- Mar 2019 · now ▲ 10.1 pts
- Last 12 months
- 6.7% – 12.2%
- lowest to highest · record 12.2% in Mar 2020
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.