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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
₹2,266 Cr
up ₹161 Cr vs Mar 2022
- Stocks held
- 43
- down 8 vs Mar 2022
- Top 10 weight
- 52.1%
- of the portfolio in its ten largest
- Cash & debt
- 7.7%
- cash, money market and debt
- Moves this month
- 3 in · 11 out
- added to 10, trimmed 15
Sundaram Services Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In September 2022 it disclosed 43 stocks worth ₹2,266 Cr, up ₹161 Cr from Mar 2022. Its largest positions were ICICI Bank Limited (9.6%), HDFC Bank Limited (9.3%), Bharti Airtel Limited (7.4%); the ten largest together made up 52.1% of the portfolio, and Banks was the biggest sector at 25.5% of its equity. Cash and debt stood at 7.7%. Compared with Mar 2022 the fund entered 3 new stocks and exited 11.
Against 226 other Sectoral / Thematic funds
Concentration
64%
Top-10 weight is higher than 64% of peers
Breadth
48%
Holds more stocks than 48% of peers
Cash
88%
Holds more cash than 88% of peers
Holdings in September 2022
Download CSVEvery line the fund disclosed, with the change against Mar 2022. Click a column to sort; click a company to see every fund that owns it.
| ICICI Bank Limited | 9.62% | up 0.57 pts | ₹218 Cr | up ₹27.6 Cr | Added |
| HDFC Bank Limited | 9.29% | up 0.85 pts | ₹210 Cr | up ₹32.8 Cr | Added |
| Cash, TREPS & receivables | 7.73% | up 2.95 pts | ₹175 Cr | up ₹74.6 Cr | Added |
| Bharti Airtel Limited | 7.37% | up 0.73 pts | ₹167 Cr | up ₹27.3 Cr | Added |
| Reliance Industries Limited | 5.50% | down 0.71 pts | ₹125 Cr | down ₹6 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 5.37% | up 0.29 pts | ₹122 Cr | up ₹14.9 Cr | Added |
| Axis Bank Limited | 3.22% | up 0.38 pts | ₹73 Cr | up ₹13.2 Cr | Added |
| Titan Company Limited | 3.12% | up 1.55 pts | ₹70.7 Cr | up ₹37.6 Cr | Added |
| Apollo Hospitals Enterprise Limited | 3.08% | up 1.03 pts | ₹69.8 Cr | up ₹26.6 Cr | Added |
| SBI Life Insurance Company Limited | 2.93% | up 0.91 pts | ₹66.4 Cr | up ₹24 Cr | Added |
| Zee Entertainment Enterprises Limited | 2.60% | up 0.13 pts | ₹59 Cr | up ₹6.9 Cr | Added |
| MindTree Limited | 2.60% | down 1.26 pts | ₹59 Cr | down ₹22.3 Cr | Trimmed |
| The Phoenix Mills Limited | 2.47% | up 0.38 pts | ₹56.1 Cr | up ₹12 Cr | Added |
| Westlife Foodworld Limited | 2.12% | up 0.60 pts | ₹47.9 Cr | up ₹16 Cr | Added |
| Indraprastha Gas Limited | 2.02% | down 0.03 pts | ₹45.7 Cr | up ₹2.7 Cr | Added |
| Page Industries Limited | 2.00% | up 0.16 pts | ₹45.4 Cr | up ₹6.7 Cr | Added |
| Container Corporation of India Limited | 1.93% | down 0.54 pts | ₹43.8 Cr | down ₹8.2 Cr | Trimmed |
| Sapphire Foods India Limited | 1.72% | up 0.44 pts | ₹38.9 Cr | up ₹12.1 Cr | Added |
| Home First Finance Company India Limited | 1.67% | down 0.55 pts | ₹37.9 Cr | down ₹9 Cr | Trimmed |
| INOX Leisure Limited | 1.62% | down 0.07 pts | ₹36.7 Cr | up ₹1.1 Cr | Added |
| Affle (India) Limited | 1.57% | down 0.12 pts | ₹35.5 Cr | up ₹3 L | Held |
| Cholamandalam Investment and Finance Company Limited | 1.49% | down 0.01 pts | ₹33.7 Cr | up ₹2.2 Cr | Added |
| Fortis Healthcare Limited | 1.40% | up 0.54 pts | ₹31.7 Cr | up ₹13.7 Cr | Added |
| Persistent Systems Limited | 1.24% | down 0.77 pts | ₹28.2 Cr | down ₹14.1 Cr | Trimmed |
| Angel One Limited | 1.24% | up 0.03 pts | ₹28.1 Cr | up ₹2.6 Cr | Added |
| Multi Commodity Exchange of India Limited | 1.21% | down 0.30 pts | ₹27.4 Cr | down ₹4.4 Cr | Trimmed |
| Transport Corporation of India Ltd | 1.17% | down 0.11 pts | ₹26.5 Cr | down ₹42 L | Trimmed |
| Cholamandalam Financial Holdings Limited | 1.15% | up 1.15 pts | ₹26.1 Cr | up ₹26.1 Cr | New |
| Quess Corp Limited | 1.08% | down 0.11 pts | ₹24.4 Cr | down ₹52 L | Trimmed |
| Dreamfolks Services Limited | 1.07% | up 1.07 pts | ₹24.3 Cr | up ₹24.3 Cr | New |
| ICICI Lombard General Insurance Company Limited | 0.98% | down 0.24 pts | ₹22.1 Cr | down ₹3.4 Cr | Trimmed |
| Info Edge (India) Limited | 0.92% | down 0.08 pts | ₹20.8 Cr | down ₹27 L | Trimmed |
| PVR Limited | 0.90% | down 0.14 pts | ₹20.5 Cr | down ₹1.5 Cr | Trimmed |
| UTI Asset Management Company Limited | 0.84% | up 0.05 pts | ₹19.1 Cr | up ₹2.4 Cr | Added |
| HDFC Life Insurance Company Limited | 0.81% | up 0.38 pts | ₹18.3 Cr | up ₹9.4 Cr | Added |
| AU Small Finance Bank Limited | 0.79% | up 0.79 pts | ₹17.9 Cr | up ₹17.9 Cr | New |
| SIS Limited | 0.70% | down 0.18 pts | ₹15.9 Cr | down ₹2.6 Cr | Trimmed |
| Bajaj Finserv Limited | 0.68% | down 1.35 pts | ₹15.4 Cr | down ₹27.3 Cr | Trimmed |
| C.E. Info Systems Limited | 0.66% | up 0.11 pts | ₹15 Cr | up ₹3.3 Cr | Added |
| Kotak Mahindra Bank Limited | 0.65% | down 1.47 pts | ₹14.7 Cr | down ₹29.8 Cr | Trimmed |
| Metropolis Healthcare Limited | 0.56% | up 0.27 pts | ₹12.8 Cr | up ₹6.6 Cr | Added |
| Make My Trip Ltd (USD) | 0.41% | up 0.03 pts | ₹9.2 Cr | up ₹1.4 Cr | Added |
| Bajaj Finance Limited | 0.35% | down 1.01 pts | ₹7.9 Cr | down ₹20.8 Cr | Trimmed |
| Bharti Airtel Limited | 0.16% | down 0.01 pts | ₹3.7 Cr | up ₹6 L | Added |
What changed, Mar 2022 to Sep 2022
New New positions (3)
- Cholamandalam Financial Holdings Limited1.2% · ₹26.1 Cr
- Dreamfolks Services Limited1.1% · ₹24.3 Cr
- AU Small Finance Bank Limited0.8% · ₹17.9 Cr
Exited Exited (11)
- L&T Technology Services Limitedwas 1.5% · ₹30.7 Cr
- Happiest Minds Technologies Limitedwas 0.7% · ₹14.8 Cr
- Restaurant Brands Asia Limitedwas 0.7% · ₹14.7 Cr
- Healthcare Global Enterprises Limitedwas 0.7% · ₹14.4 Cr
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 Mar 2022, the weight rose most in Banks (+2.0 pts) and Consumer Durables (+1.7 pts), and fell most in IT - Software (−2.2 pts) and IT - Services (−1.6 pts).
- Banks23.6% → 25.5%+2.0 pts
- Consumer Durables1.6% → 3.4%+1.7 pts
- Healthcare Services4.1% → 5.5%+1.4 pts
- Insurance3.8% → 5.1%+1.3 pts
- Transport Infrastructure0.0% → 1.2%new+1.2 pts
- Telecom - Services7.1% → 8.2%+1.0 pts
- IT - Software4.2% → 2.1%−2.2 pts
- IT - Services3.3% → 1.7%−1.6 pts
- Software4.1% → 2.8%−1.2 pts
- Finance12.8% → 11.6%−1.2 pts
- Retailing2.0% → 1.0%−1.0 pts
- Transport Services3.9% → 3.4%−0.6 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 | Sep 2019 | Sep 2021 | Mar 2022 | Mar 2022 | Mar 2022 | Sep 2022 |
|---|---|---|---|---|---|---|
| Banks | 22.3% | 22.6% | 23.6% | 23.6% | 23.6% | 25.5% |
| Finance | 6.7% | 10.4% | 12.8% | 12.8% | 12.8% | 11.6% |
| Telecom - Services | 4.4% | 5.3% | 7.1% | 7.1% | 7.1% | 8.2% |
| Petroleum Products | 3.1% | 5.8% | 6.5% | 6.5% | 6.5% | 6.0% |
| Healthcare Services | 5.1% | 4.0% | 4.1% | 4.1% | 4.1% | 5.5% |
| Insurance | 10.7% | 2.7% | 3.8% | 3.8% | 3.8% | 5.1% |
| Leisure Services | 10.4% | 9.3% | 4.7% | 4.7% | 4.7% | 4.6% |
| Entertainment | 1.6% | 1.1% | 3.7% | 3.7% | 3.7% | 3.8% |
| Capital Markets | <0.1% | 4.6% | 3.7% | 3.7% | 3.7% | 3.6% |
| Consumer Durables | 3.8% | 1.3% | 1.6% | 1.6% | 1.6% | 3.4% |
Allocation in Sep 2022change vs Mar 2022
- Banks (5)25.5%▲ 2.0 pts
- Finance (6)11.6%▼ 1.2 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, Sep 2022
7.7%
▲ 3.0 pts vs Mar 2022
- Cash alone
- 7.7%
- cash and net receivables
- A year earlier
- 8.2%
- Sep 2021 · now ▼ 0.5 pts
- Last 12 months
- 4.8% – 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.