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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
₹3,284 Cr
up ₹452 Cr vs Sep 2023
- Stocks held
- 51
- up 2 vs Sep 2023
- Top 10 weight
- 44.3%
- of the portfolio in its ten largest
- Cash & debt
- 3.0%
- cash, money market and debt
- Moves this month
- 8 in · 6 out
- added to 10, trimmed 17
Sundaram Services Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In March 2024 it disclosed 51 stocks worth ₹3,284 Cr, up ₹452 Cr from Sep 2023. Its largest positions were Bharti Airtel Limited (8.5%), ICICI Bank Limited (7.6%), HDFC Bank Limited (7.1%); the ten largest together made up 44.3% of the portfolio, and Banks was the biggest sector at 24.1% of its equity. Cash and debt stood at 3.0%. Compared with Sep 2023 the fund entered 8 new stocks and exited 6.
Against 226 other Sectoral / Thematic funds
Concentration
44%
Top-10 weight is higher than 44% of peers
Breadth
68%
Holds more stocks than 68% of peers
Cash
44%
Holds more cash than 44% of peers
Holdings in March 2024
Download CSVEvery line the fund disclosed, with the change against Sep 2023. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.52%
- Δ weight
- up 1.07 pts
- Value
- ₹280 Cr
- Δ value
- up ₹68.8 Cr
- Status
- Added
- Weight
- 7.63%
- Δ weight
- down 2.05 pts
- Value
- ₹251 Cr
- Δ value
- down ₹23.5 Cr
- Status
- Trimmed
- Weight
- 7.09%
- Δ weight
- down 2.37 pts
- Value
- ₹233 Cr
- Δ value
- down ₹35.2 Cr
- Status
- Trimmed
- Weight
- 5.41%
- Δ weight
- up 1.07 pts
- Value
- ₹178 Cr
- Δ value
- up ₹54.9 Cr
- Status
- Added
- Weight
- 2.95%
- Δ weight
- down 0.08 pts
- Value
- ₹97 Cr
- Δ value
- up ₹11 Cr
- Status
- Added
- Weight
- 2.90%
- Δ weight
- up 0.21 pts
- Value
- ₹95.3 Cr
- Δ value
- up ₹19.2 Cr
- Status
- Added
- Weight
- 2.85%
- Δ weight
- down 0.04 pts
- Value
- ₹93.5 Cr
- Δ value
- up ₹11.7 Cr
- Status
- Added
- Weight
- 2.65%
- Δ weight
- up 0.52 pts
- Value
- ₹87.2 Cr
- Δ value
- up ₹26.8 Cr
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 2.39%
- Δ weight
- down 2.24 pts
- Value
- ₹78.6 Cr
- Δ value
- down ₹52.6 Cr
- Status
- Trimmed
- Weight
- 2.22%
- Δ weight
- up 0.19 pts
- Value
- ₹72.8 Cr
- Δ value
- up ₹15.4 Cr
- Status
- Added
- Weight
- 2.10%
- Δ weight
- up 2.10 pts
- Value
- ₹68.9 Cr
- Δ value
- up ₹68.9 Cr
- Status
- New
- Weight
- 2.00%
- Δ weight
- up 2.00 pts
- Value
- ₹65.8 Cr
- Δ value
- up ₹65.8 Cr
- Status
- New
- Weight
- 1.97%
- Δ weight
- up 0.50 pts
- Value
- ₹64.7 Cr
- Δ value
- up ₹23 Cr
- Status
- Added
- Weight
- 1.96%
- Δ weight
- up 1.96 pts
- Value
- ₹64.3 Cr
- Δ value
- up ₹64.3 Cr
- Status
- New
- Weight
- 1.90%
- Δ weight
- up 1.38 pts
- Value
- ₹62.6 Cr
- Δ value
- up ₹47.7 Cr
- Status
- Added
- Weight
- 1.85%
- Δ weight
- up 0.51 pts
- Value
- ₹60.6 Cr
- Δ value
- up ₹22.9 Cr
- Status
- Added
- Weight
- 1.83%
- Δ weight
- up 0.17 pts
- Value
- ₹60 Cr
- Δ value
- up ₹13.1 Cr
- Status
- Added
- Unidentified holdings
- Weight
- 1.82%
- Δ weight
- up 1.82 pts
- Value
- ₹59.7 Cr
- Δ value
- up ₹59.7 Cr
- Status
- New
- Weight
- 1.80%
- Δ weight
- up 0.16 pts
- Value
- ₹59.2 Cr
- Δ value
- up ₹12.8 Cr
- Status
- Added
- Weight
- 1.76%
- Δ weight
- down 0.46 pts
- Value
- ₹57.7 Cr
- Δ value
- down ₹5 Cr
- Status
- Trimmed
- Weight
- 1.73%
- Δ weight
- down 0.02 pts
- Value
- ₹56.8 Cr
- Δ value
- up ₹7.4 Cr
- Status
- Added
- Weight
- 1.69%
- Δ weight
- down 0.02 pts
- Value
- ₹55.7 Cr
- Δ value
- up ₹7 Cr
- Status
- Added
- Sundaram Liquid Fund - Direct Growthfund
- Weight
- 1.68%
- Δ weight
- up 1.68 pts
- Value
- ₹55.1 Cr
- Δ value
- up ₹55.1 Cr
- Status
- New
- Weight
- 1.66%
- Δ weight
- up 0.49 pts
- Value
- ₹54.6 Cr
- Δ value
- up ₹21.5 Cr
- Status
- Added
- Weight
- 1.61%
- Δ weight
- down 0.81 pts
- Value
- ₹53 Cr
- Δ value
- down ₹15.6 Cr
- Status
- Trimmed
- Weight
- 1.55%
- Δ weight
- down 0.91 pts
- Value
- ₹51 Cr
- Δ value
- down ₹18.7 Cr
- Status
- Trimmed
- Weight
- 1.50%
- Δ weight
- up 0.09 pts
- Value
- ₹49.2 Cr
- Δ value
- up ₹9.3 Cr
- Status
- Added
- Weight
- 1.49%
- Δ weight
- up 0.35 pts
- Value
- ₹48.9 Cr
- Δ value
- up ₹16.5 Cr
- Status
- Added
- Weight
- 1.46%
- Δ weight
- down 0.11 pts
- Value
- ₹48 Cr
- Δ value
- up ₹3.5 Cr
- Status
- Added
- Weight
- 1.36%
- Δ weight
- down 0.47 pts
- Value
- ₹44.5 Cr
- Δ value
- down ₹7.3 Cr
- Status
- Trimmed
- Weight
- 1.33%
- Δ weight
- down 0.97 pts
- Value
- ₹43.5 Cr
- Δ value
- down ₹21.5 Cr
- Status
- Trimmed
- Weight
- 1.25%
- Δ weight
- up 0.09 pts
- Value
- ₹41.2 Cr
- Δ value
- up ₹8.2 Cr
- Status
- Added
- Weight
- 1.25%
- Δ weight
- down 0.22 pts
- Value
- ₹41.2 Cr
- Δ value
- down ₹67 L
- Status
- Trimmed
- Weight
- 1.24%
- Δ weight
- up 1.24 pts
- Value
- ₹40.8 Cr
- Δ value
- up ₹40.8 Cr
- Status
- New
- Weight
- 1.23%
- Δ weight
- down 0.38 pts
- Value
- ₹40.3 Cr
- Δ value
- down ₹5.3 Cr
- Status
- Trimmed
- Weight
- 1.22%
- Δ weight
- down 0.15 pts
- Value
- ₹40.2 Cr
- Δ value
- up ₹1.2 Cr
- Status
- Added
- Weight
- 1.19%
- Δ weight
- up 0.10 pts
- Value
- ₹39 Cr
- Δ value
- up ₹8.1 Cr
- Status
- Added
- Weight
- 1.15%
- Δ weight
- up 0.16 pts
- Value
- ₹37.6 Cr
- Δ value
- up ₹9.6 Cr
- Status
- Added
- Weight
- 1.14%
- Δ weight
- up 1.14 pts
- Value
- ₹37.4 Cr
- Δ value
- up ₹37.4 Cr
- Status
- New
- Weight
- 1.08%
- Δ weight
- down 0.08 pts
- Value
- ₹35.6 Cr
- Δ value
- up ₹2.6 Cr
- Status
- Added
- Weight
- 1.07%
- Δ weight
- down 0.51 pts
- Value
- ₹35 Cr
- Δ value
- down ₹9.6 Cr
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- up 0.07 pts
- Value
- ₹31.1 Cr
- Δ value
- up ₹6.3 Cr
- Status
- Added
- Weight
- 0.87%
- Δ weight
- down 0.10 pts
- Value
- ₹28.7 Cr
- Δ value
- up ₹98 L
- Status
- Added
- Weight
- 0.80%
- Δ weight
- up 0.80 pts
- Value
- ₹26.2 Cr
- Δ value
- up ₹26.2 Cr
- Status
- New
- Weight
- 0.69%
- Δ weight
- down 0.18 pts
- Value
- ₹22.8 Cr
- Δ value
- down ₹1.8 Cr
- Status
- Trimmed
- Weight
- 0.68%
- Δ weight
- up 0.23 pts
- Value
- ₹22.4 Cr
- Δ value
- up ₹9.7 Cr
- Status
- Added
- Weight
- 0.68%
- Δ weight
- down 0.38 pts
- Value
- ₹22.2 Cr
- Δ value
- down ₹7.7 Cr
- Status
- Trimmed
- 364 DAYS T-BILL 2024debt
- Weight
- 0.59%
- Δ weight
- up 0.59 pts
- Value
- ₹19.3 Cr
- Δ value
- up ₹19.3 Cr
- Status
- New
- Weight
- 0.58%
- Δ weight
- down 0.14 pts
- Value
- ₹19.2 Cr
- Δ value
- down ₹1.3 Cr
- Status
- Trimmed
- Weight
- 0.58%
- Δ weight
- down 0.12 pts
- Value
- ₹19.2 Cr
- Δ value
- down ₹77 L
- Status
- Trimmed
- Weight
- 0.56%
- Δ weight
- up 0.56 pts
- Value
- ₹18.3 Cr
- Δ value
- up ₹18.3 Cr
- Status
- New
- Weight
- 0.36%
- Δ weight
- down 0.37 pts
- Value
- ₹11.9 Cr
- Δ value
- down ₹8.7 Cr
- Status
- Trimmed
- Weight
- 0.17%
- Δ weight
- up 0.17 pts
- Value
- ₹5.6 Cr
- Δ value
- up ₹5.6 Cr
- Status
- New
- Weight
- 0.00%
- Δ weight
- down 0.72 pts
- Value
- ₹5 L
- Δ value
- down ₹20.3 Cr
- Status
- Trimmed
- Weight
- 0.00%
- Δ weight
- down 1.68 pts
- Value
- ₹2 L
- Δ value
- down ₹47.6 Cr
- Status
- Trimmed
What changed, Sep 2023 to Mar 2024
New New positions (8)
- Union Bank of India2.1% · ₹68.9 Cr
- Ujjivan Financial Services Limited2.0% · ₹65.8 Cr
- Power Finance Corporation Limited2.0% · ₹64.3 Cr
- Kalyan Jewellers India Limited1.2% · ₹40.8 Cr
- Tech Mahindra Limited1.1% · ₹37.4 Cr
- Aster DM Healthcare Limited0.8% · ₹26.2 Cr
- Medi Assist Healthcare Services Ltd0.6% · ₹18.3 Cr
- InterGlobe Aviation Limited0.2% · ₹5.6 Cr
Exited Exited (6)
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 2023, the weight rose most in Finance (+4.2 pts) and Consumer Durables (+1.7 pts), and fell most in Entertainment (−3.8 pts) and Banks (−3.6 pts).
- Finance8.7% → 12.9%+4.2 pts
- Consumer Durables3.7% → 5.4%+1.7 pts
- Telecom - Services7.8% → 9.1%+1.3 pts
- Petroleum Products4.5% → 5.8%+1.2 pts
- IT - Software7.0% → 8.1%+1.1 pts
- Insurance4.8% → 5.9%+1.1 pts
- Entertainment5.5% → 1.7%−3.8 pts
- Banks27.7% → 24.1%−3.6 pts
- Gas2.9% → 1.3%−1.6 pts
- Capital Markets4.6% → 3.3%−1.3 pts
- Realty1.9% → 1.4%−0.5 pts
- Healthcare Services6.3% → 5.8%−0.4 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 2021 | Mar 2023 | Sep 2023 | Sep 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Banks | 20.4% | 24.9% | 27.7% | 27.7% | 27.7% | 24.1% |
| Finance | 10.6% | 15.0% | 8.7% | 8.7% | 8.7% | 12.9% |
| Telecom - Services | 6.7% | 7.3% | 7.8% | 7.8% | 7.8% | 9.1% |
| IT - Software | 4.5% | 5.6% | 7.0% | 7.0% | 7.0% | 8.1% |
| Insurance | 3.5% | 4.4% | 4.8% | 4.8% | 4.8% | 5.9% |
| Leisure Services | 10.6% | 4.9% | 5.6% | 5.6% | 5.6% | 5.9% |
| Healthcare Services | 4.6% | 6.5% | 6.3% | 6.3% | 6.3% | 5.8% |
| Petroleum Products | 5.7% | 5.7% | 4.5% | 4.5% | 4.5% | 5.8% |
| Consumer Durables | 1.0% | 3.0% | 3.7% | 3.7% | 3.7% | 5.4% |
| Capital Markets | 3.1% | 3.8% | 4.6% | 4.6% | 4.6% | 3.3% |
Allocation in Mar 2024change vs Sep 2023
- Banks (7)24.1%▼ 3.6 pts
- Finance (7)12.9%▲ 4.2 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 2024
3.0%
▼ 1.7 pts vs Sep 2023
- Cash alone
- 2.4%
- cash and net receivables
- A year earlier
- 7.1%
- Mar 2023 · now ▼ 4.1 pts
- Last 12 months
- 3.0% – 4.6%
- 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.