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Sundaram Diversified Equity Fund

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Equity: ELSS

1 Lakh

Investment declined to
₹ 0.90 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.40 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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(₹)
cal
cal

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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 -11.05 0.26 1.88 4.13 21.54 -13.66 -1.57 -3.32 3.19 11.86 7.51
S&P BSE 500 TRI -5.80 0.31 1.88 4.35 22.98 -7.01 5.49 2.87 6.49 13.17 8.65
Equity: ELSS -6.19 0.31 1.92 4.26 19.92 -8.62 4.47 0.95 4.95 13.93 9.30
Rank within category 32 17 19 16 9 34 33 32 25 24 25
Number of funds in category 38 38 38 38 38 38 37 34 30 28 27

As on 07-Aug-2020

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 -1.57 -3.32 3.19 2.17 2,071
Axis Long Term Equity Fund  | Invest Online
5 star
 Dec-09 4.89 5.75 7.20 1.73 21,051
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
 Mar-96 8.55 2.78 6.23 1.92 10,101
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 3.79 1.94 6.87 1.90 6,083
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
4 star
 Dec-15 7.71 5.33 -- 1.80 3,538

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 -1.08 22.71 -0.28 -0.28 1.02 -5.81
S&P BSE 500 TRI 4.74 21.74 -0.02 -0.03 -- --
Equity: ELSS 2.76 21.29 -0.11 -0.12 0.95 -2.01
Rank within category 32 32 30 29 32 32
Number of funds in category 34 34 34 34 34 34

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 41.40
Top 5 Stocks (%) 26.21
Top 3 Sectors (%) 52.80
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 26.47

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 80,805 89,760
Giant (%) 51.12 52.59
Large (%) 17.99 15.43
Mid (%) 22.73 23.93
Small (%) 8.05 8.24
Tiny (%) 0.11 0.13

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
up Reliance Industries Energy 34.17 7.38 0.89 7.38
equal HDFC Bank Financial 20.14 7.05 3.89 6.15
equal ICICI Bank Financial 22.79 8.03 1.75 4.44
up Bharti Airtel Communication -- 4.24 0.00 4.24
equal HDFC Financial 14.05 4.57 0.00 4.01
equal Hindustan Unilever FMCG 75.78 4.03 0.00 3.22
equal Infosys Technology 23.78 3.30 0.98 3.05
equal Larsen & Toubro Construction 15.34 4.59 0.00 2.98
equal Varun Beverages FMCG 98.93 3.06 0.85 2.98
equal SBI Life Insurance Company Financial 60.27 3.03 0.00 2.97
equal Axis Bank Financial 72.28 4.95 0.00 2.84
down ICICI Lombard General Insurance Company Financial 48.13 3.16 0.00 2.67
equal The Ramco Cements Construction 26.81 3.38 2.30 2.53
equal Bajaj Finance Financial 41.52 4.82 1.77 2.39
equal HCL Technologies Technology 15.92 2.46 0.00 2.33
equal Navin Fluorine International Chemicals 22.77 2.18 0.00 2.11
equal Jubilant FoodWorks Services 88.19 2.12 0.00 2.06
equal Lupin Healthcare -- 1.98 0.00 1.94
equal Ultratech Cement Construction 21.68 2.05 0.00 1.91
down Honeywell Automation Engineering 57.82 2.04 1.38 1.89
equal Crompton Greaves Consumer Electricals Cons Durable 36.44 1.92 0.00 1.89
up Mahindra & Mahindra Automobile -- 2.87 1.16 1.84
equal Quess Corp Financial -- 3.02 0.00 1.79
equal ITC FMCG 16.68 2.12 0.00 1.71
down Siemens Engineering 53.05 3.12 1.47 1.49

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 30-Jun-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:

0.26%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 91.2762

Dividend: ₹ 9.8298

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 (₹) 250
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: 15.05%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,071 Cr (As on 30-Jun-2020)
Expense: 2.17% (As on 30-Jun-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 76.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend06-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
 29-Jan-20102.0000

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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