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Unrated

Sundaram Long Term Tax Advantage Fund Series III - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.91 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 3.20 -0.13 -0.17 9.75 6.46 17.90 71.89 24.01 -- -- --
S&P BSE 500 TRI 3.23 -0.65 -1.25 5.53 -1.72 13.96 30.53 20.69 -- -- --
Equity: ELSS 3.08 -0.17 -1.02 8.90 3.41 16.46 50.34 25.79 -- -- --
Rank within category 11 10 8 8 5 5 5 12 -- -- --
Number of funds in category 20 20 20 20 20 20 20 20 9 3 1

As on 20-Jan-2022

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 III - Regular Plan
Unrated
Mar-18 71.89 24.01 -- 1.41% 39
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 25.21 17.37 14.78 1.46% 2,450

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.14 27-May-2020 - 03-Jun-2020 -21.40 16-Mar-2020 - 23-Mar-2020
Month 17.72 13-Nov-2020 - 16-Dec-2020 -40.73 20-Feb-2020 - 24-Mar-2020
Quarter 40.62 27-May-2020 - 26-Aug-2020 -36.21 11-Feb-2020 - 12-May-2020
Year 119.42 27-May-2020 - 27-May-2021 -41.25 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 24.98 29.44 0.72 0.75 1.20 1.41
S&P BSE 500 TRI 20.28 21.92 0.75 0.85 -- --
Equity: ELSS 25.14 24.76 0.88 0.92 1.04 4.15
Rank within category 12 16 12 16 16 12
Number of funds in category 20 20 20 20 20 20

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Stocks (%) 28.76
Top 5 Stocks (%) 15.24
Top 3 Sectors (%) 39.04
Portfolio P/B Ratio 3.03
Portfolio P/E Ratio 23.22

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 6,276 76,522
Giant (%) -- 40.57
Large (%) -- 13.89
Mid (%) 36.80 29.88
Small (%) 62.61 33.49
Tiny (%) 0.59 0.70

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 KSB Engineering 30.83 3.45 1.51 3.19
down Kei Industries Engineering 33.40 3.48 1.06 3.17
down CG Power & Industrial Solutions Engineering -- 3.07 0.00 3.07
down Greenpanel Industries FMCG 32.41 2.93 0.00 2.93
down Orient Electric Consumer Durable 53.81 4.26 2.23 2.87
equal Equitas Holdings Financial 10.72 3.08 0.85 2.80
equal Century Plyboards (India) FMCG 50.98 3.07 1.20 2.78
down Navin Fluorine International Chemicals 79.54 7.92 2.10 2.70
equal Persistent Systems Technology 52.39 2.64 0.00 2.64
down MM Forgings Metals 16.60 3.83 1.58 2.60
down Ador Welding Engineering 58.26 3.30 1.69 2.58
down KPIT Technologies Technology 87.82 2.56 0.00 2.56
down Grindwell Norton Metals 76.37 2.69 1.33 2.10
down JK Cement Construction 34.30 4.79 1.80 2.01
equal Rajapalayam Mills Textiles 5.49 2.07 0.92 1.95
equal Ashoka Buildcon Construction 7.15 3.66 1.33 1.85
equal IDFC Financial -- 1.83 0.00 1.83
down Home First Finance Company India Financial 55.32 2.16 0.00 1.82
down Kennametal India Engineering 50.22 1.79 0.00 1.79
equal Healthcare Global Enterprises Healthcare -- 1.99 0.00 1.74
equal Phoenix Mills Construction 105.41 1.73 0.00 1.73
equal Laurus Labs Healthcare 25.76 1.90 0.00 1.70
equal Brigade Enterprises Construction -- 2.74 0.94 1.65
equal JB Chemicals & Pharma Healthcare 28.78 1.58 0.00 1.58
equal Cyient Technology 22.85 1.78 0.00 1.57

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-2021

Fund Manager

— Sudhir Kedia since 01-Jan-2022

Education: Mr. Kedia is CA, CMA and MBA.

Experience: Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Mirae Asset Mutual Fund and ASK investment.

Funds Managed:

— Dwijendra Srivastava since 27-Dec-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:


-0.13%

Change from previous, NAV as on 20-Jan-2022

Growth: ₹ 15.9855

IDCW: ₹ 15.9856


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.

Investment Details

Tenure (Days) 3650
Maturity date 28-Mar-2028

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 28-Mar-2018
Return Since Launch: 13.07%
Benchmark: S&P BSE 500 TRI
Riskometer: Very 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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