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Unrated

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


1 Lakh

Investment declined to
₹ 0.98 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 8.18 0.69 0.53 10.79 9.99 7.96 -1.83 -- -- -- --
S&P BSE 500 TRI 1.60 0.77 -0.81 1.36 6.05 9.34 11.96 -- -- -- --
Equity: ELSS 4.66 0.80 0.34 5.37 7.83 10.87 10.69 -- -- -- --
Rank within category 2 18 11 2 1 20 22 -- -- -- --
Number of funds in category 25 25 25 25 25 25 25 10 3 2 1

As on 23-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.29 (27-Feb-2019 - 06-Mar-2019) -7.35 (29-May-2018 - 05-Jun-2018)
Month 16.05 (18-Feb-2019 - 20-Mar-2019) -18.53 (07-Sep-2018 - 09-Oct-2018)
Quarter 17.93 (09-Oct-2017 - 08-Jan-2018) -19.62 (24-May-2019 - 23-Aug-2019)
Year 1.33 (04-Aug-2017 - 06-Aug-2018) -31.35 (25-Jan-2018 - 28-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 13.80 13.09 0.92 -- -- --
Equity: ELSS* 10.11 14.70 0.32 0.45 1.00 -3.71
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Stocks (%) 31.44
Top 5 Stocks (%) 18.65
Top 3 Sectors (%) 47.74
Portfolio P/B Ratio 1.78
Portfolio P/E Ratio 18.10

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,211 38,891
Giant (%) -- 39.43
Large (%) -- 12.25
Mid (%) 3.08 22.39
Small (%) 93.98 38.67
Tiny (%) 2.94 3.26

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 33.16 5.40 0.00 5.40
equal Heidelberg Cement India Construction 17.90 4.04 0.45 3.68
equal INOX Leisure Services 28.61 3.66 0.00 3.66
equal Grindwell Norton Metals 39.73 3.23 0.00 3.16
equal Kalpataru Power Trans Construction 15.98 3.37 0.00 2.75
equal Ashoka Buildcon Construction 10.82 3.46 2.36 2.75
equal Vesuvius India Construction 27.63 2.71 0.00 2.68
equal Kei Industries Engineering 16.41 3.38 0.00 2.66
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 66.00 2.67 0.00 2.44
equal Kirloskar Ferrous Inds. Metals 11.00 3.09 0.00 2.27
equal Thyrocare Technologies Healthcare 29.38 2.28 0.00 2.23
equal MM Forgings Metals 15.27 3.31 0.46 2.23
equal Subros Automobile 21.16 2.28 0.00 2.12
down Asian Granito India Construction 19.13 3.67 0.00 2.10
equal Rajapalayam Mills Textiles 66.21 2.42 1.55 2.03
equal Kennametal India Engineering 29.11 2.33 0.00 1.98
equal Mahindra Holidays & Resorts Services 43.94 2.04 0.48 1.96
equal Ramco Industries Construction 24.62 1.95 0.48 1.89
equal Brigade Enterprises Construction 25.03 1.82 0.00 1.82
equal Ingersoll Rand India Engineering 26.42 1.79 0.00 1.79
equal Praj Industries Engineering 27.42 4.36 0.62 1.71
equal NRB Bearings Engineering 17.99 2.40 0.86 1.67
equal JK Cement Construction 21.27 1.54 0.00 1.54
equal GMM Pfaudler Engineering 57.97 1.52 0.00 1.52
equal ISGEC Heavy Engineering Engineering 20.54 2.28 0.50 1.51

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-Dec-2019

Fund Manager

— Dwijendra Srivastava since 29-Mar-2017

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:

— S Krishnakumar since 29-Mar-2017

Education: Mr. Kumar is a B. Tech from National Institute of Technology Trichy, and MBA from LIBA Chennai.

Experience: Prior to joining Sundaram BNP Paribas Mutual Fund he has worked with Anush Shares & Securities.

Interviews:

Funds Managed:


0.69%

Change from previous, NAV as on 23-Jan-2020

Growth: ₹ 8.2794

Dividend: ₹ 8.2794


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

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 05-Jul-2017
Return Since Launch: -7.13%
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: www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM