Overview
Sundaram ELSS Tax Saver Fund Direct
Sundaram Mutual Fund
The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.
Investments in Sundaram ELSS Tax Saver Fund Direct are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 519.7391
Fund Size (AUM)
₹1288.19 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
02-Jan-2013
Expense Ratio
1.72%
Exit Load
Nil
Benchmark
NIFTY 500 Total Return Index
Standard Deviation
13.14
History
Performance & Ratios
1-Year SIP Return
-0.58%
3-Year SIP Return
14.81%
5-Year SIP Return
17.21%
Mean Return
N/A
Alpha
0.7
Beta
0.87
Sharpe Ratio
0.57
Sortino Ratio
1.1
Information Ratio
-0.1
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.93% | 14.53% | 25.45% | N/A |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 22 | 26 | 20 | N/A |
Holdings (68)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.14% |
| ICICI Bank Ltd. | Financial | Equity | 7.71% |
| Reliance Industries Ltd. | Energy | Equity | 4.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.63% |
| Infosys Ltd. | Technology | Equity | 3.37% |
| State Bank of India | Financial | Equity | 3.19% |
| Axis Bank Ltd. | Financial | Equity | 2.66% |
| Interglobe Aviation Ltd. | Services | Equity | 2.46% |
| Ultratech Cement Ltd. | Construction | Equity | 2.41% |
| Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue)) | Communication | PPE | 2.22% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | 27730.33 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | 3816.77 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | 15555.71 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | 4905.72 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | 209.18 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
Sundaram Mutual Fund
Sundaram Mutual Fund started their mutual fund on 26/02/1996 and its managing total assets of ₹33,150 Cr. Its ranked at 14 as per total assets at end of 30th Sep 2017. Sundaram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
This asset management company has an experience of over 20 years and is a wholly owned subsidiary of an extremely prestigious NBFC - Sundaram Finance Limited.
With a wide range of products offered under the Sundaram banner, Sundaram mutual funds have also made a mark in the financial industry. It offers a wide range of schemes, starting from equity, debt, income and liquid funds.
The fund management team boasts of an excellent research and analytical team that analyzes market conditions to optimize investor's returns.
For investors who want a regular income the main focus is on improving the credit quality of the portfolio. Sundaram was the first to launch funds in themes such as Mid-cap, Capex, Leadership, Rural India and Micro cap.
It targets to increase the value of each and every stakeholder and aspires to hold a high degree of business ethics.
Launch Date
1996-02-26T00:00:00.460Z
Total AUM
₹ 64175.83 Cr
Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Sundaram ELSS Tax Saver Fund Direct
Sundaram Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Sundaram ELSS Tax Saver Fund Direct is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Sundaram ELSS Tax Saver Fund Direct?
The top stocks held by Sundaram ELSS Tax Saver Fund Direct include HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd..
Which industries does Sundaram ELSS Tax Saver Fund Direct invest in?
Sundaram ELSS Tax Saver Fund Direct primarily invests in the following industries: Financial, Energy, Construction.
Who are the fund managers of Sundaram ELSS Tax Saver Fund Direct?
The fund managers of Sundaram ELSS Tax Saver Fund Direct are Sudhir Kedia and Rohit Seksaria.
How many years has the fund manager been managing Sundaram ELSS Tax Saver Fund Direct?
Sudhir Kedia:
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Rohit Seksaria:
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What is the minimum investment for Sundaram ELSS Tax Saver Fund Direct?
The minimum investment for Sundaram ELSS Tax Saver Fund Direct is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Sundaram ELSS Tax Saver Fund Direct?
Calculating...
What are the average 3-year returns for Sundaram ELSS Tax Saver Fund Direct?
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What is the expense ratio of Sundaram ELSS Tax Saver Fund Direct, and how does it compare to its category?
The expense ratio of Sundaram ELSS Tax Saver Fund Direct is 1.72%. The average expense ratio for similar funds in the Equity is Calculating....