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Unrated

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


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.72 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 6.59 1.00 3.22 10.77 8.83 48.69 8.01 -10.53 -- -- --
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 16 7 7 11 18 10 15 14 -- -- --
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 Micro Cap Tax Advantage Fund Series IV - Regular Plan
Unrated
Mar-17 8.01 -10.53 -- 1.43 34
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 8.77 (29-May-2020 - 05-Jun-2020) -20.00 (16-Mar-2020 - 23-Mar-2020)
Month 20.04 (22-May-2020 - 23-Jun-2020) -40.04 (20-Feb-2020 - 24-Mar-2020)
Quarter 36.70 (22-May-2020 - 24-Aug-2020) -35.05 (24-Dec-2019 - 24-Mar-2020)
Year 15.57 (21-Apr-2017 - 23-Apr-2018) -44.36 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -9.25 29.42 -0.48 -0.56 1.23 -14.64
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 15 14 15 15 14 15
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 69
Top 10 Stocks (%) 30.17
Top 5 Stocks (%) 18.00
Top 3 Sectors (%) 43.55
Portfolio P/B Ratio 1.51
Portfolio P/E Ratio 19.85

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,354 39,938
Giant (%) -- 34.56
Large (%) -- 16.70
Mid (%) 10.28 25.81
Small (%) 87.83 34.05
Tiny (%) 1.89 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 Navin Fluorine International Chemicals 28.28 8.54 3.01 5.25
down Thyrocare Technologies Healthcare 80.30 3.81 1.31 3.81
down Grindwell Norton Metals 36.26 4.82 2.49 3.26
down India Cements Construction 69.68 3.76 1.52 3.09
down Astra Microwave Products Communication 39.22 4.37 1.80 2.59
down Amber Enterprises Cons Durable 113.11 2.52 0.00 2.52
down Johnson Controls - Hitachi Air Conditioning India Cons Durable -- 4.40 2.29 2.47
down JK Cement Construction 26.28 2.49 0.00 2.46
down Kei Industries Engineering 15.14 3.03 0.00 2.39
down Timken India Engineering 45.57 2.95 1.20 2.32
down INOX Leisure Services -- 4.11 1.02 2.31
down Brigade Enterprises Construction -- 2.63 1.19 2.25
down Heidelberg Cement India Construction 18.97 4.97 0.00 2.23
down MM Forgings Metals 77.37 3.39 1.32 2.22
down Kalpataru Power Trans Construction 13.69 3.51 1.90 2.16
down Himatsingka Seide Textiles -- 3.79 0.94 1.98
down Ingersoll Rand India Engineering 29.33 2.48 0.24 1.91
equal Happiest Minds Technologies Technology 63.91 1.82 0.00 1.82
down Mahindra Holidays & Resorts Services 67.83 2.18 1.56 1.79
down Vesuvius India Construction 33.33 2.00 0.00 1.74
down Kennametal India Engineering 68.18 2.28 0.00 1.73
up GNFC Chemicals 6.50 1.70 0.00 1.70
up Indoco Remedies Healthcare 42.71 1.67 0.00 1.67
down Asian Granito India Construction 30.71 2.91 1.19 1.63
down Healthcare Global Enterprises Healthcare -- 1.71 0.83 1.53

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

Fund Manager

— Ratish Varier since 23-Jul-2020

— Dwijendra Srivastava since 27-Sep-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:


1.00%

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

Growth: ₹ 8.3614

Dividend: ₹ 8.3613


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 24-Mar-2027

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 24-Mar-2017
Return Since Launch: -4.75%
Benchmark: NIFTY Smallcap 100 TRI
Riskometer: Moderately High
Type: Closed-end

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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