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:
|S&P BSE 500 TRI||1.60||0.77||-0.81||1.36||6.05||9.34||11.96||--||--||--||--|
|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 (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)|
|S&P BSE 500 TRI*||13.80||13.09||0.92||--||--||--|
|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 31-Dec-2019
|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|
|Average Mkt Cap (Rs Cr)||2,211||38,891|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Navin Fluorine International||Chemicals||33.16||5.40||0.00||5.40|
|Heidelberg Cement India||Construction||17.90||4.04||0.45||3.68|
|Kalpataru Power Trans||Construction||15.98||3.37||0.00||2.75|
|Johnson Controls - Hitachi Air Conditioning India||Cons Durable||66.00||2.67||0.00||2.44|
|Kirloskar Ferrous Inds.||Metals||11.00||3.09||0.00||2.27|
|Asian Granito India||Construction||19.13||3.67||0.00||2.10|
|Mahindra Holidays & Resorts||Services||43.94||2.04||0.48||1.96|
|Ingersoll Rand India||Engineering||26.42||1.79||0.00||1.79|
|ISGEC Heavy Engineering||Engineering||20.54||2.28||0.50||1.51|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
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.
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.
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.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
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.
|Fund House:||Sundaram Mutual Fund|
|Return Since Launch:||-7.13%|
|Benchmark:||NIFTY Smallcap 100 TRI|
AMC: Sundaram Asset Management Company Ltd
Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014
Email: [email protected]
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
Email: [email protected]