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2 star

Sundaram Diversified Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.49 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -9.12 1.83 0.30 -2.70 9.42 30.65 -6.18 -1.18 6.20 11.83 --
S&P BSE 500 TRI -4.24 1.90 0.20 -3.06 9.78 34.41 0.79 4.33 8.88 12.48 --
Equity: ELSS -3.60 1.86 0.37 -2.86 9.57 31.34 0.67 3.38 8.23 14.38 --
Rank within category 32 21 22 16 14 20 32 32 24 25 --
Number of funds in category 38 38 38 38 38 38 37 34 30 29 1

As on 28-Sep-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 -6.18 -1.18 6.20 1.78 2,232
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -1.43 7.27 9.82 0.89 21,905
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 5.04 4.71 9.68 0.91 11,001
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.39 3.96 10.08 0.95 6,298
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 7.74 9.36 -- 0.41 4,181

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 1.28 22.79 -0.17 -0.17 1.02 -5.08
S&P BSE 500 TRI 6.34 21.82 0.05 0.06 -- --
Equity: ELSS 5.30 21.41 0.01 0.01 0.95 -0.98
Rank within category 32 31 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 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 41.62
Top 5 Stocks (%) 26.13
Top 3 Sectors (%) 51.29
Portfolio P/B Ratio 3.20
Portfolio P/E Ratio 29.59

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 92,172 96,921
Giant (%) 50.17 50.93
Large (%) 18.17 16.68
Mid (%) 23.42 24.21
Small (%) 8.12 8.37
Tiny (%) 0.11 0.16

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
equal Reliance Industries Energy 35.52 8.38 0.89 8.22
equal HDFC Bank Financial 20.35 7.05 3.89 5.70
equal ICICI Bank Financial 24.18 8.03 1.75 4.59
equal Infosys Technology 25.40 4.14 0.99 3.88
equal HDFC Financial 13.84 4.57 0.00 3.74
equal Bharti Airtel Communication -- 4.24 0.00 3.61
up Axis Bank Financial 77.27 4.95 0.00 3.39
down Varun Beverages FMCG 94.22 3.06 0.85 2.97
equal Larsen & Toubro Construction 14.97 4.59 0.00 2.76
equal Hindustan Unilever FMCG 70.45 4.03 0.00 2.76
equal SBI Life Insurance Company Financial 56.28 3.05 1.15 2.70
equal HCL Technologies Technology 18.96 2.80 0.00 2.69
down The Ramco Cements Construction 32.39 3.21 2.30 2.38
equal ICICI Lombard General Insurance Company Financial 44.61 3.16 1.19 2.36
equal Navin Fluorine International Chemicals 24.01 2.35 0.00 2.35
down Jubilant FoodWorks Services 232.96 2.25 0.00 2.25
equal Mahindra & Mahindra Automobile -- 2.87 1.16 2.02
equal Emami FMCG 51.26 2.02 0.55 2.02
equal Tata Consultancy Services Technology 29.93 3.89 0.00 2.00
equal Crompton Greaves Consumer Electricals Cons Durable 36.39 1.99 1.12 1.99
equal Ultratech Cement Construction 21.40 2.05 0.00 1.78
equal Quess Corp Financial -- 3.02 0.00 1.66
down Honeywell Automation Engineering 61.50 2.04 1.38 1.62
equal ITC FMCG 14.44 2.12 0.00 1.56
equal Kansai Nerolac Paints Chemicals 62.94 1.75 0.74 1.48

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 31-Aug-2020

Fund Manager

— Dwijendra Srivastava since 23-Jul-2020

Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Funds Managed:

— 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:


1.83%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 95.9354

Dividend: ₹ 11.8461


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 (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 250
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.15%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,232 Cr (As on 31-Aug-2020)
Expense: 1.78% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 77.00%

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

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