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Unrated

Sundaram Long Term Tax Advantage Fund Series II - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.15 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 8.99 0.97 1.69 9.68 9.55 41.92 10.19 4.84 -- -- --
S&P BSE 500 TRI 9.60 0.98 1.91 10.66 11.82 45.02 10.85 6.33 -- -- --
Equity: ELSS 11.61 0.86 2.34 10.70 9.40 45.05 13.08 0.73 -- -- --
Rank within category 13 9 18 19 12 17 13 5 -- -- --
Number of funds in category 25 25 25 25 25 25 25 16 6 2 1

As on 26-Nov-2020

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 II - Regular Plan
Unrated
Mar-16 10.19 4.84 -- 1.41 11
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 5.30 4.08 9.26 1.43 1,686

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.65 (03-Apr-2020 - 13-Apr-2020) -18.55 (16-Mar-2020 - 23-Mar-2020)
Month 19.84 (23-Mar-2020 - 22-Apr-2020) -37.27 (20-Feb-2020 - 23-Mar-2020)
Quarter 35.23 (24-Mar-2020 - 23-Jun-2020) -35.54 (23-Dec-2019 - 23-Mar-2020)
Year 34.46 (16-May-2016 - 16-May-2017) -32.34 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.93 21.73 -0.05 -0.05 1.00 -1.38
S&P BSE 500 TRI 5.31 21.56 0.02 0.02 -- --
Equity: ELSS 0.89 24.91 -0.14 -0.16 1.08 -4.45
Rank within category 6 2 6 6 5 6
Number of funds in category 16 16 16 16 16 16

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

As on 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 40
Top 10 Stocks (%) 48.84
Top 5 Stocks (%) 31.62
Top 3 Sectors (%) 53.18
Portfolio P/B Ratio 2.43
Portfolio P/E Ratio 21.18

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 90,533 39,938
Giant (%) 54.68 34.56
Large (%) 17.04 16.70
Mid (%) 15.29 25.81
Small (%) 12.98 34.05
Tiny (%) -- 2.67

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 Reliance Industries Energy 32.39 9.41 3.77 8.54
equal HDFC Bank Financial 26.56 7.32 2.41 6.90
equal ICICI Bank Financial 23.56 8.91 3.14 5.96
down Infosys Technology 26.57 6.48 2.78 5.79
equal HDFC Financial 24.92 6.14 1.10 4.44
equal Navin Fluorine International Chemicals 28.28 4.21 0.89 4.21
down HCL Technologies Technology 18.75 3.47 1.01 3.47
equal Bharti Airtel Communication -- 4.49 0.00 3.38
equal Varun Beverages FMCG 77.58 3.76 0.00 3.11
equal Dr. Reddy's Lab Healthcare 50.62 3.14 0.00 3.05
equal Tech Mahindra Technology 20.80 4.43 2.07 3.00
down Tata Consumer Products FMCG 76.58 6.80 0.00 2.99
equal Coromandel International Chemicals 17.52 4.42 0.00 2.90
equal Ultratech Cement Construction 23.30 2.89 0.00 2.89
down Larsen & Toubro Construction 13.82 4.63 2.46 2.75
equal Hikal Healthcare 22.22 3.00 0.00 2.65
equal Axis Bank Financial 52.84 3.40 0.99 2.29
down Mahindra & Mahindra Automobile -- 3.73 1.24 2.07
equal BPCL Energy 19.40 2.48 0.00 1.95
down SBI Life Insurance Company Financial 52.83 3.69 0.00 1.86
equal Kotak Mahindra Bank Financial 41.33 3.59 1.44 1.81
equal Tata Consultancy Services Technology 33.31 2.60 0.00 1.80
down Triveni Engineering Diversified 6.06 1.80 0.00 1.74
equal Cummins India Engineering 24.77 1.58 0.67 1.55
equal Hindustan Unilever FMCG 72.18 2.66 1.04 1.54

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-2020


0.97%

Change from previous, NAV as on 26-Nov-2020

Growth: ₹ 16.5822

Dividend: ₹ 15.3657


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.

Tenure (Days) 3650
Maturity date 23-Mar-2026

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 21-Mar-2016
Return Since Launch: 11.39%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend21-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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dateFriday, 27-Nov-2020
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