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Sundaram Diversified Equity Fund

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.37 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.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 4.55 0.74 -0.19 6.39 22.61 32.31 12.49 2.51 12.36 13.65 10.13
S&P BSE 500 TRI 4.94 0.81 0.32 6.53 24.47 35.29 22.28 9.04 16.17 15.26 11.50
Equity: ELSS 4.61 0.68 -0.22 6.27 22.99 32.74 19.39 6.55 14.33 15.59 12.18
Rank within category 21 18 19 20 19 18 31 33 25 23 25
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 20-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Diversified Equity Fund
2 star
 Nov-99 12.49 2.51 12.36 2.10 2,408
Axis Long Term Equity Fund
4 star
 Dec-09 20.84 11.62 16.32 1.62 27,181
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 19.13 8.25 16.18 1.85 7,425
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 26.20 11.96 21.36 1.86 5,489
Tata India Tax Savings Fund  | Invest Online
4 star
 Mar-96 16.52 6.77 15.02 2.04 2,481

Best & Worst Performance

Best (Period) Worst (Period)
Week 20.12 (13-May-2009 - 20-May-2009) -20.75 (16-Mar-2020 - 23-Mar-2020)
Month 34.04 (28-Apr-2009 - 28-May-2009) -38.86 (20-Feb-2020 - 23-Mar-2020)
Quarter 74.93 (09-Mar-2009 - 10-Jun-2009) -37.54 (23-Dec-2019 - 23-Mar-2020)
Year 108.62 (03-May-2005 - 03-May-2006) -49.92 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.42 23.88 -0.01 -0.02 1.03 -6.33
S&P BSE 500 TRI 10.60 22.83 0.26 0.30 -- --
Equity: ELSS 7.85 22.37 0.14 0.16 0.95 -2.47
Rank within category 33 32 33 33 33 33
Number of funds in category 35 35 35 35 35 35

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

As on 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 47.26
Top 5 Stocks (%) 31.14
Top 3 Sectors (%) 57.31
Portfolio P/B Ratio 3.56
Portfolio P/E Ratio 32.78

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,27,251 1,14,833
Giant (%) 56.80 51.95
Large (%) 12.99 15.52
Mid (%) 22.42 24.52
Small (%) 7.64 8.19
Tiny (%) 0.15 0.18

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 Reliance Industries Energy 34.06 8.97 0.89 7.26
down HDFC Bank Financial 26.78 7.42 3.89 7.23
equal ICICI Bank Financial 27.33 8.03 1.75 5.77
up Infosys Technology 30.68 5.67 0.99 5.67
down HDFC Financial 29.94 5.21 0.00 5.21
equal Axis Bank Financial 58.29 4.95 0.00 3.93
equal HCL Technologies Technology 20.52 3.40 0.00 3.40
down Bharti Airtel Communication -- 4.24 0.00 3.03
down Varun Beverages FMCG 91.46 3.12 0.93 2.93
equal Tata Consultancy Services Technology 39.75 3.89 0.00 2.85
down Navin Fluorine International Chemicals 28.32 2.83 0.00 2.39
down Jubilant FoodWorks Services 275.91 2.43 0.99 2.32
down The Ramco Cements Construction 32.10 3.18 2.30 2.32
down Quess Corp Financial -- 3.02 1.06 2.27
equal Larsen & Toubro Construction 17.07 4.59 0.00 2.25
down Crompton Greaves Consumer Electricals Cons Durable 53.11 2.21 1.12 2.21
equal Ultratech Cement Construction 26.75 2.20 0.00 2.20
down Mahindra & Mahindra Automobile -- 2.87 1.16 2.15
down ICICI Lombard General Insurance Company Financial 48.22 3.16 1.19 2.15
down SBI Life Insurance Company Financial 55.65 3.05 1.15 2.07
down Emami FMCG 64.80 2.21 0.55 2.02
down Hindustan Unilever FMCG 78.98 4.03 0.00 1.99
equal Grindwell Norton Metals 43.81 1.82 1.10 1.82
up State Bank of India Financial 11.51 4.12 0.00 1.70
down Kansai Nerolac Paints Chemicals 90.78 1.75 0.75 1.50

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-2020

Fund Manager

— Dwijendra Srivastava since 23-Jul-2020

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:

— S Bharath since 23-Jul-2020

— S Krishnakumar since 10-Apr-2015

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:

0.74%

Change from previous, NAV as on 20-Jan-2021

Growth: ₹ 117.8564

Dividend: ₹ 12.4263

Investment Strategy

The scheme is aimed at generating long-term capital appreciation. Equity investments would account for at least 80 per cent of the corpus, while it can go up to 100 per cent. Exposure to Corporate and PSU bonds and Money market instruments can go up to 20 per cent of the corpus.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 22-Nov-1999
Return Since Launch: 16.10%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,408 Cr (As on 31-Dec-2020)
Expense: 2.10% (As on 31-Dec-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 57.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend18-Dec-20200.2500

 06-Dec-20190.2656
 27-Jun-20190.3099
 20-Mar-20190.2656
 03-Dec-20180.4427
 19-Sep-20180.4427
 12-Jun-20180.4427
 14-Mar-20180.5000
 13-Dec-20170.5000
 13-Sep-20170.5000
 15-Jun-20170.5000
 16-Mar-20170.5000
 15-Dec-20160.5000
 28-Sep-20160.5000
 24-Jun-20160.5000
 11-Mar-20160.5000
 24-Dec-20150.5000
 18-Sep-20150.5000
 19-Jun-20150.5000
 13-Mar-20150.5000
 26-Dec-20140.5000
 19-Sep-20140.5000
 09-May-20140.5000
 16-Dec-20101.5000
 19-Mar-20101.0000

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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