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Unrated

Sundaram Long Term Micro Cap Tax Advantage Fund Series III - Regular Plan


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.64 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.

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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 -12.18 1.13 3.57 1.28 19.83 -18.20 -8.79 -13.71 -- -- --
S&P BSE 500 TRI -5.80 0.31 1.88 4.35 22.98 -7.01 5.49 2.87 -- -- --
Equity: ELSS -4.71 0.60 3.45 5.16 22.68 -9.59 5.67 -1.50 -- -- --
Rank within category 19 5 12 23 21 20 25 15 -- -- --
Number of funds in category 25 25 25 25 25 25 25 15 6 2 1

As on 07-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Long Term Micro Cap Tax Advantage Fund Series III - Regular Plan
Unrated
Nov-16 -8.79 -13.71 -- 1.43 64
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 0.95 0.73 4.71 1.43 1,502

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.88 (29-May-2020 - 05-Jun-2020) -19.28 (16-Mar-2020 - 23-Mar-2020)
Month 19.13 (22-May-2020 - 23-Jun-2020) -39.48 (20-Feb-2020 - 24-Mar-2020)
Quarter 33.63 (24-Mar-2020 - 23-Jun-2020) -34.25 (24-Dec-2019 - 24-Mar-2020)
Year 47.94 (26-Dec-2016 - 26-Dec-2017) -44.42 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -11.82 28.59 -0.60 -0.68 1.19 -16.48
S&P BSE 500 TRI 4.74 21.74 -0.02 -0.03 -- --
Equity: ELSS 0.32 24.53 -0.18 -0.20 1.06 -4.40
Rank within category 15 13 15 15 13 15
Number of funds in category 15 15 15 15 15 15

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 36.99
Top 5 Stocks (%) 22.77
Top 3 Sectors (%) 48.58
Portfolio P/B Ratio 1.40
Portfolio P/E Ratio 14.81

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,039 34,109
Giant (%) -- 31.26
Large (%) 1.05 13.48
Mid (%) 12.28 25.23
Small (%) 84.23 36.31
Tiny (%) 2.44 2.40

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 Navin Fluorine International Chemicals 22.77 8.63 3.02 6.48
equal Heidelberg Cement India Construction 17.43 4.92 1.31 4.79
equal India Cements Construction 567.17 4.49 1.70 4.12
equal Astra Microwave Products Communication 21.35 4.10 1.80 4.10
down Grindwell Norton Metals 31.75 5.10 2.29 3.28
equal Thyrocare Technologies Healthcare 60.45 3.48 0.00 2.98
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable -- 4.29 1.69 2.93
equal Kei Industries Engineering 13.67 3.42 0.00 2.90
equal Timken India Engineering 31.34 2.90 1.24 2.83
equal Vesuvius India Construction 21.90 2.79 0.00 2.58
equal Healthcare Global Enterprises Healthcare -- 3.81 1.52 2.47
down INOX Leisure Services -- 4.29 0.38 2.30
equal Ingersoll Rand India Engineering 23.54 2.59 0.00 2.24
equal JK Cement Construction 24.91 2.24 0.00 2.24
equal Kalpataru Power Trans Construction 9.05 3.58 0.00 2.13
equal Asian Granito India Construction 15.30 3.05 1.27 2.13
equal Kennametal India Engineering 24.92 2.35 0.00 2.08
equal Taj GVK Hotels & Resorts Services 876.90 2.02 0.94 2.02
equal NRB Bearings Engineering 116.32 2.40 0.00 1.92
equal IIFL Securities Financial 8.58 1.95 0.00 1.86
equal Mahindra Holidays & Resorts Services 61.73 2.21 1.31 1.80
equal Indostar Capital Finance Financial -- 1.86 0.00 1.55
equal MM Forgings Metals 13.45 3.45 1.46 1.51
equal INEOS Styrolution India Chemicals -- 1.46 0.00 1.46
equal ISGEC Heavy Engineering Engineering 11.20 2.30 0.00 1.46

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 30-Jun-2020

Fund Manager

— Ratish Varier since 23-Jul-2020

Funds Managed:

— Dwijendra Srivastava since 08-Aug-2016

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:

— Rohit Seksaria since 01-Apr-2019

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:


1.13%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 8.0271

Dividend: ₹ 7.3867


Investment Strategy

The scheme seeks to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap and from income tax benefit available.

Tenure (Days) 3650
Maturity date 18-Nov-2026

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 18-Nov-2016
Return Since Launch: -5.74%
Benchmark: NIFTY Smallcap 100 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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