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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹232.5492 -0.76%
As on 04-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Sundaram Diversified Equity Fund - Direct Plan
|
|
Very High
|
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1.60 |
||
 |
|
Very High
|
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0.93 |
||
 |
|
Very High
|
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0.68 |
||
|
|
Very High
|
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1.08 |
||
|
|
Very High
|
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0.65 |
₹1,674 Cr
--
500
500
100
6
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.
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.
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Mutual funds can be bought directly from the website of the fund house. For instance, Sundaram Diversified Equity Fund - Direct Plan fund can be purchased from the website of Sundaram Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Sundaram Diversified Equity Fund - Direct Plan is ₹232.5492 as of 07-Oct-2024.
The AUM of Sundaram Diversified Equity Fund - Direct Plan Fund is ₹1,674 Cr as of 31-Aug-2024
The riskometer level of Sundaram Diversified Equity Fund - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
7.50
|
|
|
6.48
|
|
|
5.77
|
|
|
4.54
|
|
|
3.55
|
As of 31-Aug-2024, Sundaram Diversified Equity Fund - Direct Plan had invested 98.96% in Equity and 1.04% in Cash & Cash Eq. See More
Sundaram Diversified Equity Fund - Direct Plan is 11 years 9 months old. It has delivered 14.22% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
29.28%
|
14.65%
|
18.58%
|
12.68%
|
13.48%
|
14.22%
|
Yes, There is lock in period in Sundaram Diversified Equity Fund - Direct Plan.
The expense ratio of Sundaram Diversified Equity Fund - Direct Plan is 1.60.
