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2 star

Sundaram Diversified Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.57 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.10 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 29.79 1.49 1.24 -3.06 -0.82 12.23 35.29 16.32 13.89 11.13 --
S&P BSE 500 TRI 30.16 1.48 1.22 -3.57 0.38 10.51 35.51 19.89 17.82 12.89 --
Equity: ELSS 31.37 1.47 0.96 -3.23 0.61 11.85 36.77 20.10 17.29 13.17 --
Rank within category 24 20 12 13 31 19 24 27 31 26 --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 07-Dec-2021

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 35.29 16.32 13.89 1.79% 2,177
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 32.84 21.92 20.41 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 40.68 25.86 23.56 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 40.42 23.33 18.47 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 49.74 22.99 20.79 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 89.83 23-Mar-2020 - 23-Mar-2021 -35.29 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.00 22.98 0.58 0.60 1.03 -3.27
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 19.84 21.49 0.75 0.81 0.95 0.85
Rank within category 27 31 29 29 32 30
Number of funds in category 35 35 35 35 35 35

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 51.80
Top 5 Stocks (%) 34.07
Top 3 Sectors (%) 57.25
Portfolio P/B Ratio 3.84
Portfolio P/E Ratio 29.76

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,92,596 1,36,970
Giant (%) 61.69 53.06
Large (%) 11.39 14.68
Mid (%) 25.62 25.08
Small (%) 1.31 7.34
Tiny (%) -- 0.21

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
down ICICI Bank Financial 24.03 8.10 4.14 8.10
up Reliance Industries Energy 30.82 8.97 2.52 8.00
down Infosys Technology 34.47 7.44 1.53 7.28
down HDFC Bank Financial 24.70 7.65 4.80 6.40
down HDFC Financial 24.48 5.21 0.00 4.29
down Axis Bank Financial 21.07 4.95 2.84 4.00
down State Bank of India Financial 14.85 4.12 0.00 3.86
down Grindwell Norton Metals 65.97 3.76 1.20 3.76
up Tata Consultancy Services Technology 36.25 3.30 0.00 3.12
down HCL Technologies Technology 27.04 3.72 0.00 2.99
down Varun Beverages FMCG 57.60 3.12 1.13 2.89
down Larsen & Toubro Construction 28.85 4.59 1.82 2.68
down Quess Corp Financial 197.96 2.97 1.06 2.47
down Bharti Airtel Communication 135.72 4.24 0.00 2.38
down Navin Fluorine International Chemicals 75.64 3.05 0.00 2.30
down Jubilant FoodWorks Services 119.36 2.43 1.06 2.12
down Schaeffler India Engineering 42.98 2.03 0.89 2.02
down SBI Life Insurance Company Insurance 94.38 3.05 1.26 1.97
equal The Ramco Cements Construction 20.30 3.18 1.76 1.96
up Bajaj Finserv Financial 64.45 1.77 0.00 1.77
down Sona BLW Precision Forgings Automobile 206.59 1.73 0.00 1.73
down Crompton Greaves Consumer Electricals Consumer Durable 41.50 2.53 1.33 1.71
down Hindustan Unilever FMCG 64.96 4.03 0.00 1.65
down Jindal Steel & Power Metals 5.48 1.57 0.00 1.42
up Hindalco Inds. Metals 9.94 1.37 0.00 1.37

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-Oct-2021

Fund Manager

— Rohit Seksaria since 24-Feb-2021

Education: Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad

Experience: Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.

Funds Managed:


1.49%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 151.0680

IDCW: ₹ 16.7922


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 (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 13.51%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,177 Cr (As on 31-Oct-2021)
Expense: 1.79% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 52.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-Sep-20210.4860

 30-Jun-20210.4370
 12-Mar-20210.4300
 18-Dec-20200.3000
 19-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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