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2 star

Sundaram Diversified Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.88 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.26 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -15.83 -1.34 -1.66 5.95 15.71 -17.28 -12.82 -4.02 3.10 9.78 --
S&P BSE 500 TRI -11.23 -1.58 -1.67 6.30 18.53 -13.06 -6.56 1.55 5.78 10.80 --
Equity: ELSS -10.92 -1.25 -1.50 5.48 15.26 -12.63 -6.03 0.69 5.37 12.60 --
Rank within category 33 24 22 16 17 33 32 32 24 25 --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Diversified Equity Fund - Direct Plan
2 star
Jan-13 -12.82 -4.02 3.10 1.81 2,071
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -2.31 6.16 8.02 0.92 20,292
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 -0.43 2.94 7.45 0.94 10,101
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.99 2.55 7.89 0.94 5,789
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 -1.34 5.92 -- 0.42 3,538

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.79 (24-Mar-2020 - 31-Mar-2020) -20.74 (16-Mar-2020 - 23-Mar-2020)
Month 18.72 (23-Mar-2020 - 22-Apr-2020) -38.83 (20-Feb-2020 - 23-Mar-2020)
Quarter 31.57 (24-Mar-2020 - 23-Jun-2020) -37.47 (23-Dec-2019 - 23-Mar-2020)
Year 65.41 (13-Feb-2014 - 13-Feb-2015) -35.29 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -1.27 22.55 -0.29 -0.29 1.02 -5.53
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 32 32 31 30 32 32
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 41.40
Top 5 Stocks (%) 26.21
Top 3 Sectors (%) 52.80
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 26.47

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 80,805 89,760
Giant (%) 51.12 52.59
Large (%) 17.99 15.43
Mid (%) 22.73 23.93
Small (%) 8.05 8.24
Tiny (%) 0.11 0.13

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 33.34 7.38 0.89 7.38
equal HDFC Bank Financial 21.51 7.05 3.89 6.15
equal ICICI Bank Financial 23.84 8.03 1.75 4.44
up Bharti Airtel Communication -- 4.24 0.00 4.24
equal HDFC Financial 14.63 4.57 0.00 4.01
equal Hindustan Unilever FMCG 78.30 4.03 0.00 3.22
equal Infosys Technology 20.77 3.30 0.98 3.05
equal Larsen & Toubro Construction 13.49 4.59 0.00 2.98
equal Varun Beverages FMCG 40.85 3.06 0.85 2.98
equal SBI Life Insurance Company Financial 60.64 3.03 0.00 2.97
equal Axis Bank Financial 65.92 4.95 0.00 2.84
down ICICI Lombard General Insurance Company Financial 48.75 3.16 0.00 2.67
equal The Ramco Cements Construction 25.56 3.38 2.30 2.53
equal Bajaj Finance Financial 37.38 4.82 1.77 2.39
equal HCL Technologies Technology 14.85 2.46 0.00 2.33
equal Navin Fluorine International Chemicals 20.49 2.18 0.00 2.11
equal Jubilant FoodWorks Services 79.93 2.12 0.00 2.06
equal Lupin Healthcare -- 1.98 0.00 1.94
equal Ultratech Cement Construction 18.77 2.05 0.00 1.91
down Honeywell Automation Engineering 50.91 2.04 1.38 1.89
equal Crompton Greaves Consumer Electricals Cons Durable 30.52 1.92 0.00 1.89
up Mahindra & Mahindra Automobile 533.84 2.87 1.16 1.84
equal Quess Corp Financial -- 3.02 0.00 1.79
equal ITC FMCG 15.70 2.12 0.00 1.71
down Siemens Engineering 39.76 3.12 1.47 1.49

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— S Krishnakumar since 10-Apr-2015

Education: Mr. Kumar is a B. Tech from National Institute of Technology Trichy, and MBA from LIBA Chennai.

Experience: Prior to joining Sundaram BNP Paribas Mutual Fund he has worked with Anush Shares & Securities.

Interviews:

Funds Managed:


-1.34%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 88.8534

Dividend: ₹ 10.9716


Investment Strategy

The scheme is aimed at generating long-term capital appreciation. Equity investments would account for at least 80 per cent of the corpus, while it can go up to 100 per cent. Exposure to Corporate and PSU bonds and Money market instruments can go up to 20 per cent of the corpus.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.31%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,071 Cr (As on 30-Jun-2020)
Expense: 1.81% (As on 30-Jun-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 76.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend19-Sep-20180.4427

 12-Jun-20180.4427
 14-Mar-20180.5000
 13-Dec-20170.5000
 13-Sep-20170.5000
 15-Jun-20170.5000
 16-Mar-20170.5000
 15-Dec-20160.5000
 28-Sep-20160.5000
 24-Jun-20160.5000
 11-Mar-20160.5000
 24-Dec-20150.5000
 18-Sep-20150.5000
 19-Jun-20150.5000
 13-Mar-20150.5000
 26-Dec-20140.5000
 19-Sep-20140.5000
 09-May-20140.5000

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

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dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM