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Unrated

Sundaram Long Term Tax Advantage Fund Series I - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.64 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.

Read more

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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 31.48 -0.19 2.01 5.54 10.20 23.55 61.99 17.89 14.43 -- --
S&P BSE 500 TRI 33.28 0.01 2.47 7.05 12.46 25.76 67.47 19.74 16.78 -- --
Equity: ELSS 47.78 -0.07 2.22 7.31 14.83 36.03 83.91 23.31 17.61 -- --
Rank within category 15 14 11 16 17 16 15 16 6 -- --
Number of funds in category 18 18 18 18 18 18 18 17 6 1 0

As on 27-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Long Term Tax Advantage Fund Series I - Direct Plan
Unrated
Mar-15 61.99 17.89 14.43 1.40 19

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.65 01-Apr-2020 - 09-Apr-2020 -18.54 16-Mar-2020 - 23-Mar-2020
Month 19.73 23-Mar-2020 - 22-Apr-2020 -37.38 20-Feb-2020 - 23-Mar-2020
Quarter 35.10 24-Mar-2020 - 23-Jun-2020 -35.88 23-Dec-2019 - 23-Mar-2020
Year 96.86 23-Mar-2020 - 23-Mar-2021 -33.64 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.71 23.23 0.50 0.54 1.01 -1.07
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: ELSS 18.63 26.28 0.57 0.61 1.07 1.05
Rank within category 17 5 11 12 8 13
Number of funds in category 22 22 22 22 22 22

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 41
Top 10 Stocks (%) 52.18
Top 5 Stocks (%) 34.26
Top 3 Sectors (%) 55.26
Portfolio P/B Ratio 3.19
Portfolio P/E Ratio 25.39

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,82,722 65,534
Giant (%) 64.54 38.68
Large (%) 10.04 13.71
Mid (%) 20.25 26.05
Small (%) 5.17 33.51
Tiny (%) -- 1.16

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 ICICI Bank Financial 25.29 8.70 3.68 8.01
down Infosys Technology 35.65 7.65 2.79 7.64
equal Reliance Industries Energy 35.45 9.39 3.70 6.84
equal HDFC Bank Financial 27.40 8.05 3.53 6.67
equal HDFC Financial 25.47 6.16 1.29 5.10
equal Varun Beverages FMCG 68.56 4.03 2.12 3.93
equal State Bank of India Financial 15.92 5.01 0.95 3.69
equal Axis Bank Financial 28.90 3.54 0.00 3.54
equal Ultratech Cement Construction 34.93 3.49 0.00 3.49
equal Navin Fluorine International Chemicals 73.26 4.06 0.98 3.27
equal Larsen & Toubro Construction 19.63 4.56 2.52 3.01
equal HCL Technologies Technology 30.79 3.32 0.96 2.49
equal Bharti Airtel Communication 375.38 4.45 0.00 2.42
equal SBI Life Insurance Company Insurance 94.29 3.61 1.02 2.21
equal Healthcare Global Enterprises Healthcare -- 2.27 0.83 2.12
equal Bharat Petroleum Corporation Energy 5.37 2.19 0.72 2.07
down Coromandel International Chemicals 16.47 3.62 0.00 2.05
down Birla Corporation Construction 14.08 2.65 0.00 2.01
equal Tata Consultancy Services Technology 41.22 2.70 0.00 1.98
equal Cummins India Engineering 33.28 2.06 0.67 1.87
down Quess Corp Financial 196.20 2.34 0.72 1.83
equal Container Corporation Of India Services 60.82 1.88 0.00 1.77
equal Kotak Mahindra Bank Financial 40.58 3.35 1.39 1.49
equal Titan Company Consumer Durable 144.22 1.47 0.00 1.47
equal ITC FMCG 21.10 4.93 0.94 1.44

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-2021


-0.19%

Change from previous, NAV as on 27-Sep-2021

Growth: ₹ 21.9036

IDCW: ₹ 18.2466


Investment Strategy

The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.

Investment Details

Tenure (Days) 3650
Maturity date 26-Mar-2025

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 26-Mar-2015
Return Since Launch: 12.79%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW18-Jun-20211.7500

 21-Mar-20180.5000
 08-Jun-20170.5000

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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DateThursday, 30-Sep-2021
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