Loading…
Sectoral / Thematic · Sundaram Mutual Fund · AMFI code 144836Sundaram Services Fund
Disclosed for 23 months, Mar 2019 to Sep 2026.
Portfolio value
₹2,832 Cr
up ₹533 Cr vs Mar 2023
- Stocks held
- 49
- up 3 vs Mar 2023
- Top 10 weight
- 47.3%
- of the portfolio in its ten largest
- Cash & debt
- 4.6%
- cash, money market and debt
- Moves this month
- 8 in · 5 out
- added to 10, trimmed 10
Sundaram Services Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In September 2023 it disclosed 49 stocks worth ₹2,832 Cr, up ₹533 Cr from Mar 2023. Its largest positions were ICICI Bank Limited (9.7%), HDFC Bank Limited (9.5%), Bharti Airtel Limited (7.4%); the ten largest together made up 47.3% of the portfolio, and Banks was the biggest sector at 27.7% of its equity. Cash and debt stood at 4.6%. Compared with Mar 2023 the fund entered 8 new stocks and exited 5.
Against 226 other Sectoral / Thematic funds
Concentration
53%
Top-10 weight is higher than 53% of peers
Breadth
62%
Holds more stocks than 62% of peers
Cash
69%
Holds more cash than 69% of peers
Holdings in September 2023
Download CSVEvery line the fund disclosed, with the change against Mar 2023. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 9.68%
- Δ weight
- down 0.15 pts
- Value
- ₹274 Cr
- Δ value
- up ₹48 Cr
- Status
- Added
- Weight
- 9.46%
- Δ weight
- up 4.89 pts
- Value
- ₹268 Cr
- Δ value
- up ₹163 Cr
- Status
- Added
- Weight
- 7.45%
- Δ weight
- up 0.65 pts
- Value
- ₹211 Cr
- Δ value
- up ₹54.7 Cr
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 4.63%
- Δ weight
- down 2.44 pts
- Value
- ₹131 Cr
- Δ value
- down ₹31.3 Cr
- Status
- Trimmed
- Weight
- 4.34%
- Δ weight
- down 0.97 pts
- Value
- ₹123 Cr
- Δ value
- up ₹73 L
- Status
- Added
- Weight
- 3.04%
- Δ weight
- up 1.54 pts
- Value
- ₹86 Cr
- Δ value
- up ₹51.5 Cr
- Status
- Added
- Weight
- 2.89%
- Δ weight
- down 0.10 pts
- Value
- ₹81.8 Cr
- Δ value
- up ₹13.2 Cr
- Status
- Added
- Weight
- 2.86%
- Δ weight
- up 0.29 pts
- Value
- ₹81 Cr
- Δ value
- up ₹21.9 Cr
- Status
- Added
- Weight
- 2.69%
- Δ weight
- down 0.09 pts
- Value
- ₹76.2 Cr
- Δ value
- up ₹12.3 Cr
- Status
- Added
- Weight
- 2.46%
- Δ weight
- up 0.91 pts
- Value
- ₹69.8 Cr
- Δ value
- up ₹33.9 Cr
- Status
- Added
- Weight
- 2.42%
- Δ weight
- down 0.14 pts
- Value
- ₹68.6 Cr
- Δ value
- up ₹9.7 Cr
- Status
- Added
- Weight
- 2.29%
- Δ weight
- up 0.58 pts
- Value
- ₹65 Cr
- Δ value
- up ₹25.5 Cr
- Status
- Added
- Weight
- 2.21%
- Δ weight
- up 0.23 pts
- Value
- ₹62.7 Cr
- Δ value
- up ₹17.1 Cr
- Status
- Added
- Weight
- 2.13%
- Δ weight
- up 2.13 pts
- Value
- ₹60.4 Cr
- Δ value
- up ₹60.4 Cr
- Status
- New
- Weight
- 2.02%
- Δ weight
- down 0.80 pts
- Value
- ₹57.3 Cr
- Δ value
- down ₹7.5 Cr
- Status
- Trimmed
- Weight
- 1.83%
- Δ weight
- down 0.44 pts
- Value
- ₹51.8 Cr
- Δ value
- down ₹33 L
- Status
- Trimmed
- Weight
- 1.74%
- Δ weight
- down 0.80 pts
- Value
- ₹49.4 Cr
- Δ value
- down ₹9.1 Cr
- Status
- Trimmed
- Weight
- 1.72%
- Δ weight
- up 0.20 pts
- Value
- ₹48.7 Cr
- Δ value
- up ₹13.6 Cr
- Status
- Added
- Weight
- 1.68%
- Δ weight
- down 0.27 pts
- Value
- ₹47.6 Cr
- Δ value
- up ₹2.7 Cr
- Status
- Added
- Weight
- 1.65%
- Δ weight
- down 1.63 pts
- Value
- ₹46.8 Cr
- Δ value
- down ₹28.7 Cr
- Status
- Trimmed
- Weight
- 1.64%
- Δ weight
- up 0.28 pts
- Value
- ₹46.4 Cr
- Δ value
- up ₹15.2 Cr
- Status
- Added
- Weight
- 1.61%
- Δ weight
- up 0.13 pts
- Value
- ₹45.5 Cr
- Δ value
- up ₹11.6 Cr
- Status
- Added
- Weight
- 1.57%
- Δ weight
- up 0.70 pts
- Value
- ₹44.5 Cr
- Δ value
- up ₹24.4 Cr
- Status
- Added
- Weight
- 1.57%
- Δ weight
- up 1.57 pts
- Value
- ₹44.4 Cr
- Δ value
- up ₹44.4 Cr
- Status
- New
- Weight
- 1.48%
- Δ weight
- up 0.20 pts
- Value
- ₹41.8 Cr
- Δ value
- up ₹12.5 Cr
- Status
- Added
- Weight
- 1.47%
- Δ weight
- up 0.45 pts
- Value
- ₹41.7 Cr
- Δ value
- up ₹18.2 Cr
- Status
- Added
- Weight
- 1.41%
- Δ weight
- down 0.14 pts
- Value
- ₹40 Cr
- Δ value
- up ₹4.2 Cr
- Status
- Added
- Weight
- 1.37%
- Δ weight
- up 0.39 pts
- Value
- ₹38.9 Cr
- Δ value
- up ₹16.2 Cr
- Status
- Added
- Weight
- 1.33%
- Δ weight
- up 1.33 pts
- Value
- ₹37.7 Cr
- Δ value
- up ₹37.7 Cr
- Status
- New
- Weight
- 1.17%
- Δ weight
- up 1.17 pts
- Value
- ₹33.1 Cr
- Δ value
- up ₹33.1 Cr
- Status
- New
- Weight
- 1.17%
- Δ weight
- down 0.58 pts
- Value
- ₹33 Cr
- Δ value
- down ₹7 Cr
- Status
- Trimmed
- Weight
- 1.16%
- Δ weight
- down 0.04 pts
- Value
- ₹32.9 Cr
- Δ value
- up ₹5.3 Cr
- Status
- Added
- Weight
- 1.14%
- Δ weight
- up 1.14 pts
- Value
- ₹32.4 Cr
- Δ value
- up ₹32.4 Cr
- Status
- New
- Weight
- 1.09%
- Δ weight
- up 1.09 pts
- Value
- ₹30.9 Cr
- Δ value
- up ₹30.9 Cr
- Status
- New
- Weight
- 1.05%
- Δ weight
- up 0.06 pts
- Value
- ₹29.9 Cr
- Δ value
- up ₹7 Cr
- Status
- Added
- Weight
- 0.99%
- Δ weight
- down 0.10 pts
- Value
- ₹28 Cr
- Δ value
- up ₹3 Cr
- Status
- Added
- Weight
- 0.98%
- Δ weight
- up 0.15 pts
- Value
- ₹27.7 Cr
- Δ value
- up ₹8.8 Cr
- Status
- Added
- Weight
- 0.88%
- Δ weight
- up 0.88 pts
- Value
- ₹24.9 Cr
- Δ value
- up ₹24.9 Cr
- Status
- New
- Weight
- 0.88%
- Δ weight
- down 0.27 pts
- Value
- ₹24.8 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 0.87%
- Δ weight
- up 0.07 pts
- Value
- ₹24.6 Cr
- Δ value
- up ₹6.3 Cr
- Status
- Added
- Weight
- 0.75%
- Δ weight
- up 0.11 pts
- Value
- ₹21.1 Cr
- Δ value
- up ₹6.6 Cr
- Status
- Added
- Weight
- 0.73%
- Δ weight
- down 0.04 pts
- Value
- ₹20.8 Cr
- Δ value
- up ₹2.9 Cr
- Status
- Added
- Weight
- 0.73%
- Δ weight
- down 0.28 pts
- Value
- ₹20.6 Cr
- Δ value
- down ₹2.6 Cr
- Status
- Trimmed
- Weight
- 0.72%
- Δ weight
- down 0.10 pts
- Value
- ₹20.5 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 0.72%
- Δ weight
- down 0.21 pts
- Value
- ₹20.4 Cr
- Δ value
- down ₹89 L
- Status
- Trimmed
- Weight
- 0.70%
- Δ weight
- down 0.19 pts
- Value
- ₹19.9 Cr
- Δ value
- down ₹61 L
- Status
- Trimmed
- Weight
- 0.53%
- Δ weight
- up 0.06 pts
- Value
- ₹14.9 Cr
- Δ value
- up ₹4.3 Cr
- Status
- Added
- Weight
- 0.45%
- Δ weight
- up 0.13 pts
- Value
- ₹12.7 Cr
- Δ value
- up ₹5.3 Cr
- Status
- Added
- Weight
- 0.40%
- Δ weight
- down 0.21 pts
- Value
- ₹11.3 Cr
- Δ value
- down ₹2.8 Cr
- Status
- Trimmed
- Weight
- 0.23%
- Δ weight
- up 0.23 pts
- Value
- ₹6.5 Cr
- Δ value
- up ₹6.5 Cr
- Status
- New
What changed, Mar 2023 to Sep 2023
New New positions (8)
- ICICI Prudential Life Insurance Company Limited2.1% · ₹60.4 Cr
- Coforge Limited1.6% · ₹44.4 Cr
- Can Fin Homes Limited1.3% · ₹37.7 Cr
- Avenue Supermarts Limited1.2% · ₹33.1 Cr
- Rategain Travel Technologies Limited1.1% · ₹32.4 Cr
- Gujarat State Petronet Limited1.1% · ₹30.9 Cr
- Senco Gold Limited0.9% · ₹24.9 Cr
- SBFC Finance Limited0.2% · ₹6.5 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 Mar 2023, the weight rose most in Banks (+2.9 pts) and IT - Software (+1.4 pts), and fell most in Finance (−6.3 pts) and Transport Infrastructure (−1.3 pts).
- Banks24.9% → 27.7%+2.9 pts
- IT - Software5.6% → 7.0%+1.4 pts
- Retailing1.2% → 2.3%+1.1 pts
- Capital Markets3.8% → 4.6%+0.8 pts
- Gas2.1% → 2.9%+0.8 pts
- Consumer Durables3.0% → 3.7%+0.8 pts
- Finance15.0% → 8.7%−6.3 pts
- Transport Infrastructure1.3% → 0.0%exited−1.3 pts
- Petroleum Products5.7% → 4.5%−1.2 pts
- Realty2.4% → 1.9%−0.5 pts
- Healthcare Services6.5% → 6.3%−0.2 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 2020 | Sep 2022 | Mar 2023 | Mar 2023 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|
| Banks | 17.6% | 25.5% | 24.9% | 24.9% | 24.9% | 27.7% |
| Finance | 8.0% | 11.6% | 15.0% | 15.0% | 15.0% | 8.7% |
| Telecom - Services | 6.5% | 8.2% | 7.3% | 7.3% | 7.3% | 7.8% |
| IT - Software | 1.3% | 2.1% | 5.6% | 5.6% | 5.6% | 7.0% |
| Healthcare Services | 6.0% | 5.5% | 6.5% | 6.5% | 6.5% | 6.3% |
| Leisure Services | 8.5% | 4.6% | 4.9% | 4.9% | 4.9% | 5.6% |
| Entertainment | — | 3.8% | 5.5% | 5.5% | 5.5% | 5.5% |
| Insurance | 7.3% | 5.1% | 4.4% | 4.4% | 4.4% | 4.8% |
| Capital Markets | 2.8% | 3.6% | 3.8% | 3.8% | 3.8% | 4.6% |
| Petroleum Products | 9.6% | 6.0% | 5.7% | 5.7% | 5.7% | 4.5% |
Allocation in Sep 2023change vs Mar 2023
- Banks (7)27.7%▲ 2.9 pts
- Finance (7)8.7%▼ 6.3 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 2023
4.6%
▼ 2.4 pts vs Mar 2023
- Cash alone
- 4.6%
- cash and net receivables
- A year earlier
- 7.7%
- Sep 2022 · now ▼ 3.1 pts
- Last 12 months
- 4.6% – 7.1%
- 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.