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2 star

Sundaram Diversified Equity Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.24 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.61 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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(₹)
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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 10.14 0.29 1.40 0.99 14.28 34.32 29.51 7.38 13.48 14.06 11.50
S&P BSE 500 TRI 9.44 0.20 1.61 1.19 13.75 35.49 40.86 13.34 16.66 15.45 12.47
Equity: ELSS 9.26 0.20 1.49 0.96 13.51 33.66 34.19 10.99 15.22 15.71 13.26
Rank within category 14 17 19 17 15 17 28 32 24 20 23
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 08-Mar-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 29.51 7.38 13.48 2.13 2,285
Axis Long Term Equity Fund
4 star
Dec-09 26.92 15.82 17.00 1.61 25,508
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 37.18 13.88 17.40 1.85 7,332
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 46.70 17.65 22.45 1.83 5,648
Kotak Tax Saver Regular Plan  | Invest Online
4 star
Nov-05 33.36 14.41 16.74 2.21 1,679

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 8.27 24.29 0.15 0.16 1.04 -5.37
S&P BSE 500 TRI 13.30 23.03 0.38 0.45 -- --
Equity: ELSS 11.22 22.63 0.29 0.34 0.96 -1.72
Rank within category 30 33 31 31 33 32
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 28-Feb-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 48.05
Top 5 Stocks (%) 31.03
Top 3 Sectors (%) 57.06
Portfolio P/B Ratio 3.39
Portfolio P/E Ratio 30.57

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,24,805 1,10,550
Giant (%) 57.30 52.11
Large (%) 11.78 15.12
Mid (%) 23.01 24.30
Small (%) 7.76 8.62
Tiny (%) 0.16 0.47

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 HDFC Bank Financial 27.93 7.42 3.89 7.30
down Reliance Industries Energy 34.61 8.97 0.89 6.77
down ICICI Bank Financial 28.99 8.03 1.75 6.04
down Infosys Technology 30.46 5.89 0.99 5.89
down HDFC Financial 26.26 5.21 0.00 5.04
down Axis Bank Financial 76.44 4.95 0.00 4.35
down HCL Technologies Technology 19.58 3.43 0.00 3.43
down Bharti Airtel Communication -- 4.24 0.00 3.22
down Tata Consultancy Services Technology 36.13 3.89 0.00 3.15
down Varun Beverages FMCG 86.59 3.12 0.93 2.87
down Crompton Greaves Consumer Electricals Cons Durable 54.87 2.53 1.12 2.53
down Larsen & Toubro Construction 18.36 4.59 0.00 2.39
down The Ramco Cements Construction 33.26 3.18 2.30 2.36
down Mahindra & Mahindra Automobile -- 2.87 1.16 2.33
down Quess Corp Financial -- 3.02 1.06 2.31
down Emami FMCG 52.98 2.28 0.55 2.28
down Jubilant FoodWorks Services 246.39 2.43 1.00 2.24
down Ultratech Cement Construction 28.17 2.21 0.00 2.21
down Navin Fluorine International Chemicals 28.37 2.83 0.00 2.19
down SBI Life Insurance Company Financial 66.87 3.05 1.15 2.02
down Grindwell Norton Metals 52.08 1.83 1.10 1.83
down State Bank of India Financial 14.85 4.12 0.00 1.83
down ICICI Lombard General Insurance Company Financial 47.04 3.16 1.19 1.78
down Hindustan Unilever FMCG 69.82 4.03 0.00 1.68
down Kansai Nerolac Paints Chemicals 66.76 1.75 0.75 1.42

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

— Rohit Seksaria since 24-Feb-2021

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:


0.29%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 124.1606

Dividend: ₹ 13.0911


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
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 22-Nov-1999
Return Since Launch: 16.27%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,285 Cr (As on 31-Jan-2021)
Expense: 2.13% (As on 31-Jan-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 52.00%

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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