Loading…
Sectoral / Thematic · Sundaram Mutual Fund · AMFI code 144836Sundaram Services Fund
Disclosed for 23 months, Mar 2019 to Sep 2026.
Portfolio value
₹2,299 Cr
up ₹33 Cr vs Sep 2022
- Stocks held
- 46
- up 3 vs Sep 2022
- Top 10 weight
- 48.5%
- of the portfolio in its ten largest
- Cash & debt
- 7.1%
- cash, money market and debt
- Moves this month
- 8 in · 5 out
- added to 10, trimmed 25
Sundaram Services Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In March 2023 it disclosed 46 stocks worth ₹2,299 Cr, up ₹33 Cr from Sep 2022. Its largest positions were ICICI Bank Limited (9.8%), Housing Development Finance Corporation Limited (7.6%), Bharti Airtel Limited (6.8%); the ten largest together made up 48.5% of the portfolio, and Banks was the biggest sector at 24.9% of its equity. Cash and debt stood at 7.1%. Compared with Sep 2022 the fund entered 8 new stocks and exited 5.
Against 226 other Sectoral / Thematic funds
Concentration
54%
Top-10 weight is higher than 54% of peers
Breadth
57%
Holds more stocks than 57% of peers
Cash
86%
Holds more cash than 86% of peers
Holdings in March 2023
Download CSVEvery line the fund disclosed, with the change against Sep 2022. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 9.83%
- Δ weight
- up 0.21 pts
- Value
- ₹226 Cr
- Δ value
- up ₹7.9 Cr
- Status
- Added
- Weight
- 7.56%
- Δ weight
- up 2.20 pts
- Value
- ₹174 Cr
- Δ value
- up ₹52.2 Cr
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 7.07%
- Δ weight
- down 0.66 pts
- Value
- ₹163 Cr
- Δ value
- down ₹12.7 Cr
- Status
- Trimmed
- Weight
- 6.80%
- Δ weight
- down 0.57 pts
- Value
- ₹156 Cr
- Δ value
- down ₹10.6 Cr
- Status
- Trimmed
- Weight
- 5.31%
- Δ weight
- down 0.19 pts
- Value
- ₹122 Cr
- Δ value
- down ₹2.4 Cr
- Status
- Trimmed
- Weight
- 4.57%
- Δ weight
- down 4.72 pts
- Value
- ₹105 Cr
- Δ value
- down ₹105 Cr
- Status
- Trimmed
- Weight
- 3.28%
- Δ weight
- up 0.06 pts
- Value
- ₹75.5 Cr
- Δ value
- up ₹2.5 Cr
- Status
- Added
- Weight
- 2.99%
- Δ weight
- down 0.09 pts
- Value
- ₹68.6 Cr
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Weight
- 2.82%
- Δ weight
- up 2.82 pts
- Value
- ₹64.8 Cr
- Δ value
- up ₹64.8 Cr
- Status
- New
- Weight
- 2.78%
- Δ weight
- down 0.34 pts
- Value
- ₹63.9 Cr
- Δ value
- down ₹6.8 Cr
- Status
- Trimmed
- Weight
- 2.57%
- Δ weight
- down 0.03 pts
- Value
- ₹59.1 Cr
- Δ value
- up ₹16 L
- Status
- Held
- Weight
- 2.56%
- Δ weight
- up 1.66 pts
- Value
- ₹58.9 Cr
- Δ value
- up ₹38.4 Cr
- Status
- Added
- Weight
- 2.54%
- Δ weight
- down 0.39 pts
- Value
- ₹58.5 Cr
- Δ value
- down ₹7.9 Cr
- Status
- Trimmed
- Weight
- 2.27%
- Δ weight
- down 0.21 pts
- Value
- ₹52.1 Cr
- Δ value
- down ₹3.9 Cr
- Status
- Trimmed
- Weight
- 1.98%
- Δ weight
- down 0.13 pts
- Value
- ₹45.6 Cr
- Δ value
- down ₹2.3 Cr
- Status
- Trimmed
- Weight
- 1.95%
- Δ weight
- down 0.07 pts
- Value
- ₹44.9 Cr
- Δ value
- down ₹84 L
- Status
- Trimmed
- Weight
- 1.74%
- Δ weight
- up 0.50 pts
- Value
- ₹40 Cr
- Δ value
- up ₹11.9 Cr
- Status
- Added
- Weight
- 1.72%
- Δ weight
- up 0.51 pts
- Value
- ₹39.5 Cr
- Δ value
- up ₹12.1 Cr
- Status
- Added
- Weight
- 1.56%
- Δ weight
- up 1.56 pts
- Value
- ₹35.8 Cr
- Δ value
- up ₹35.8 Cr
- Status
- New
- Weight
- 1.55%
- Δ weight
- down 0.38 pts
- Value
- ₹35.7 Cr
- Δ value
- down ₹8.1 Cr
- Status
- Trimmed
- Weight
- 1.52%
- Δ weight
- up 1.52 pts
- Value
- ₹35 Cr
- Δ value
- up ₹35 Cr
- Status
- New
- Weight
- 1.50%
- Δ weight
- up 0.35 pts
- Value
- ₹34.5 Cr
- Δ value
- up ₹8.3 Cr
- Status
- Added
- Weight
- 1.48%
- Δ weight
- down 0.53 pts
- Value
- ₹34 Cr
- Δ value
- down ₹11.4 Cr
- Status
- Trimmed
- Weight
- 1.40%
- Δ weight
- down 0.27 pts
- Value
- ₹32.2 Cr
- Δ value
- down ₹5.7 Cr
- Status
- Trimmed
- Weight
- 1.36%
- Δ weight
- down 0.04 pts
- Value
- ₹31.2 Cr
- Δ value
- down ₹52 L
- Status
- Trimmed
- Weight
- 1.28%
- Δ weight
- down 0.29 pts
- Value
- ₹29.4 Cr
- Δ value
- down ₹6.1 Cr
- Status
- Trimmed
- Weight
- 1.22%
- Δ weight
- up 0.15 pts
- Value
- ₹28 Cr
- Δ value
- up ₹3.8 Cr
- Status
- Added
- Weight
- 1.20%
- Δ weight
- down 0.52 pts
- Value
- ₹27.6 Cr
- Δ value
- down ₹11.3 Cr
- Status
- Trimmed
- Weight
- 1.15%
- Δ weight
- up 1.15 pts
- Value
- ₹26.5 Cr
- Δ value
- up ₹26.5 Cr
- Status
- New
- Weight
- 1.09%
- Δ weight
- up 0.17 pts
- Value
- ₹25.1 Cr
- Δ value
- up ₹4.2 Cr
- Status
- Added
- Weight
- 1.02%
- Δ weight
- up 1.02 pts
- Value
- ₹23.6 Cr
- Δ value
- up ₹23.6 Cr
- Status
- New
- Weight
- 1.01%
- Δ weight
- down 0.48 pts
- Value
- ₹23.2 Cr
- Δ value
- down ₹10.6 Cr
- Status
- Trimmed
- Weight
- 0.99%
- Δ weight
- up 0.99 pts
- Value
- ₹22.9 Cr
- Δ value
- up ₹22.9 Cr
- Status
- New
- Weight
- 0.99%
- Δ weight
- down 0.25 pts
- Value
- ₹22.7 Cr
- Δ value
- down ₹5.4 Cr
- Status
- Trimmed
- Weight
- 0.92%
- Δ weight
- up 0.36 pts
- Value
- ₹21.3 Cr
- Δ value
- up ₹8.5 Cr
- Status
- Added
- Weight
- 0.89%
- Δ weight
- down 0.08 pts
- Value
- ₹20.5 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 0.88%
- Δ weight
- up 0.88 pts
- Value
- ₹20.1 Cr
- Δ value
- up ₹20.1 Cr
- Status
- New
- Weight
- 0.83%
- Δ weight
- down 0.02 pts
- Value
- ₹19 Cr
- Δ value
- down ₹14 L
- Status
- Trimmed
- Weight
- 0.82%
- Δ weight
- down 0.34 pts
- Value
- ₹19 Cr
- Δ value
- down ₹7.5 Cr
- Status
- Trimmed
- Weight
- 0.80%
- Δ weight
- up 0.10 pts
- Value
- ₹18.4 Cr
- Δ value
- up ₹2.5 Cr
- Status
- Added
- Weight
- 0.78%
- Δ weight
- up 0.78 pts
- Value
- ₹17.9 Cr
- Δ value
- up ₹17.9 Cr
- Status
- New
- Weight
- 0.73%
- Δ weight
- down 0.06 pts
- Value
- ₹16.8 Cr
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Weight
- 0.65%
- Δ weight
- down 0.15 pts
- Value
- ₹15 Cr
- Δ value
- down ₹3.3 Cr
- Status
- Trimmed
- Weight
- 0.63%
- Δ weight
- down 0.03 pts
- Value
- ₹14.6 Cr
- Δ value
- down ₹44 L
- Status
- Trimmed
- Weight
- 0.61%
- Δ weight
- down 0.04 pts
- Value
- ₹14 Cr
- Δ value
- down ₹70 L
- Status
- Trimmed
- Weight
- 0.46%
- Δ weight
- up 0.11 pts
- Value
- ₹10.6 Cr
- Δ value
- up ₹2.8 Cr
- Status
- Added
- Weight
- 0.32%
- Δ weight
- down 0.08 pts
- Value
- ₹7.4 Cr
- Δ value
- down ₹1.8 Cr
- Status
- Trimmed
What changed, Sep 2022 to Mar 2023
New New positions (8)
- LTIMindtree Limited2.8% · ₹64.8 Cr
- IndusInd Bank Limited1.6% · ₹35.8 Cr
- Equitas Small Finance Bank Limited1.5% · ₹35 Cr
- CreditAccess Grameen Limited1.2% · ₹26.5 Cr
- Chalet Hotels Limited1.0% · ₹23.6 Cr
- CSB Bank Limited1.0% · ₹22.9 Cr
- Aavas Financiers Limited0.9% · ₹20.1 Cr
- Global Health Limited0.8% · ₹17.9 Cr
Exited Exited (5)
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 2022, the weight rose most in IT - Software (+3.5 pts) and Finance (+3.4 pts), and fell most in Software (−2.8 pts) and Media & Entertainment (−1.8 pts).
- IT - Software2.1% → 5.6%+3.5 pts
- Finance11.6% → 15.0%+3.4 pts
- Entertainment3.8% → 5.5%+1.7 pts
- Healthcare Services5.5% → 6.5%+1.0 pts
- Leisure Services4.6% → 4.9%+0.3 pts
- Capital Markets3.6% → 3.8%+0.2 pts
- Software2.8% → 0.0%exited−2.8 pts
- Media & Entertainment1.8% → 0.0%exited−1.8 pts
- Commercial Services & Supplies1.2% → 0.0%exited−1.2 pts
- Telecom - Services8.2% → 7.3%−0.8 pts
- Transport Services3.4% → 2.6%−0.8 pts
- Insurance5.1% → 4.4%−0.7 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 2020 | Mar 2022 | Sep 2022 | Sep 2022 | Sep 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Banks | 17.5% | 23.6% | 25.5% | 25.5% | 25.5% | 24.9% |
| Finance | 6.5% | 12.8% | 11.6% | 11.6% | 11.6% | 15.0% |
| Telecom - Services | 8.4% | 7.1% | 8.2% | 8.2% | 8.2% | 7.3% |
| Healthcare Services | 5.4% | 4.1% | 5.5% | 5.5% | 5.5% | 6.5% |
| Petroleum Products | 7.4% | 6.5% | 6.0% | 6.0% | 6.0% | 5.7% |
| IT - Software | 0.5% | 4.2% | 2.1% | 2.1% | 2.1% | 5.6% |
| Entertainment | 0.4% | 3.7% | 3.8% | 3.8% | 3.8% | 5.5% |
| Leisure Services | 10.6% | 4.7% | 4.6% | 4.6% | 4.6% | 4.9% |
| Insurance | 11.2% | 3.8% | 5.1% | 5.1% | 5.1% | 4.4% |
| Capital Markets | 1.4% | 3.7% | 3.6% | 3.6% | 3.6% | 3.8% |
Allocation in Mar 2023change vs Sep 2022
- Banks (8)24.9%▼ 0.7 pts
- Finance (7)15.0%▲ 3.4 pts
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 2023
7.1%
▼ 0.7 pts vs Sep 2022
- Cash alone
- 7.1%
- cash and net receivables
- A year earlier
- 4.8%
- Mar 2022 · now ▲ 2.3 pts
- Last 12 months
- 7.1% – 7.7%
- 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.