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Unrated

Sundaram Long Term Tax Advantage Fund Series IV - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.23 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 11.67 1.34 1.31 10.96 26.95 36.11 22.93 -- -- -- --
S&P BSE 500 TRI 9.44 0.90 0.08 7.26 19.40 33.00 31.52 -- -- -- --
Equity: ELSS 11.00 1.00 0.34 9.12 21.30 32.08 29.07 -- -- -- --
Rank within category 8 9 6 5 2 5 21 -- -- -- --
Number of funds in category 25 25 25 25 25 25 25 17 6 2 1

As on 25-Feb-2021

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 IV - Regular Plan
Unrated
Jun-18 22.93 -- -- 1.38 31
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 22.51 9.90 16.23 1.45 1,944

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.90 27-May-2020 - 03-Jun-2020 -21.14 16-Mar-2020 - 23-Mar-2020
Month 19.30 24-Mar-2020 - 23-Apr-2020 -39.61 20-Feb-2020 - 24-Mar-2020
Quarter 32.88 27-May-2020 - 26-Aug-2020 -33.91 24-Dec-2019 - 24-Mar-2020
Year 22.47 18-Feb-2020 - 17-Feb-2021 -39.89 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 9.24 22.86 0.20 0.24 -- --
Equity: ELSS* 5.46 26.09 0.05 0.06 1.08 -4.14
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-Jan-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 68
Top 10 Stocks (%) 26.29
Top 5 Stocks (%) 14.88
Top 3 Sectors (%) 44.04
Portfolio P/B Ratio 1.98
Portfolio P/E Ratio 23.00

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,547 48,982
Giant (%) -- 37.66
Large (%) -- 14.94
Mid (%) 14.56 25.19
Small (%) 82.70 34.32
Tiny (%) 2.74 1.60

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
equal Grindwell Norton Metals 48.31 4.10 0.00 3.45
down Navin Fluorine International Chemicals 27.65 7.78 0.00 3.31
equal India Cements Construction 35.00 3.73 0.00 2.97
equal Sundaram-Clayton Automobile 42.83 3.20 0.00 2.62
equal Orient Electric Engineering 61.43 4.92 0.00 2.54
equal MM Forgings Metals 60.35 3.36 0.00 2.41
equal Kei Industries Engineering 18.34 3.21 0.00 2.37
down JK Cement Construction 31.68 4.57 0.00 2.35
equal Heidelberg Cement India Construction 21.62 3.51 0.00 2.14
up Equitas Holdings Financial 7.48 2.28 0.00 2.13
equal Century Plyboards (India) FMCG 48.08 2.04 0.00 2.04
equal Hikal Healthcare 18.40 2.79 0.00 1.98
down Vesuvius India Construction 40.14 3.92 0.00 1.96
equal KSB Engineering 28.61 2.57 0.00 1.94
equal Phoenix Mills Construction 411.87 2.01 0.00 1.87
equal Timken India Engineering 63.04 3.83 0.00 1.81
equal Indostar Capital Finance Financial -- 2.37 0.00 1.79
equal Brigade Enterprises Construction -- 1.94 0.00 1.78
equal Ashoka Buildcon Construction 11.57 3.10 0.00 1.76
equal Ador Welding Engineering 86.71 2.72 0.00 1.73
down Thyrocare Technologies Healthcare 64.76 4.33 0.00 1.73
down INOX Leisure Services -- 3.26 0.00 1.72
equal TCNS Clothing Textiles -- 4.40 0.00 1.62
equal KPIT Technologies Technology 30.54 1.66 0.00 1.60
equal Healthcare Global Enterprises Healthcare -- 1.65 0.00 1.55

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-Jan-2021

Fund Manager

— Dwijendra Srivastava since 27-Mar-2018

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:


1.34%

Change from previous, NAV as on 25-Feb-2021

Growth: ₹ 11.9355

Dividend: ₹ 11.9355


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 29-Jun-2028

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 29-Jun-2018
Return Since Launch: 6.87%
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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