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2 star

Sundaram Diversified Equity Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.94 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 2.67 0.74 1.70 11.86 13.38 34.95 2.88 0.48 7.44 12.32 8.35
S&P BSE 500 TRI 9.95 0.31 1.46 11.78 14.44 37.92 10.66 6.80 11.35 13.65 9.70
Equity: ELSS 8.36 0.54 1.40 10.88 13.43 34.08 8.96 4.28 9.53 14.19 10.33
Rank within category 32 8 11 12 19 12 33 32 25 24 25
Number of funds in category 38 38 38 38 38 38 38 34 30 29 27

As on 27-Nov-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 2.88 0.48 7.44 2.14 2,173
Axis Long Term Equity Fund
4 star
Dec-09 13.78 11.24 12.95 1.71 22,632
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 6.91 3.88 9.93 1.89 11,158
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 7.54 5.70 11.36 1.83 6,325
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 14.80 9.84 -- 1.84 4,463

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 -0.12 22.65 -0.22 -0.22 1.03 -5.45
S&P BSE 500 TRI 5.31 21.56 0.02 0.02 -- --
Equity: ELSS 3.36 21.22 -0.07 -0.08 0.95 -1.93
Rank within category 32 31 30 28 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-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 44.10
Top 5 Stocks (%) 28.53
Top 3 Sectors (%) 52.36
Portfolio P/B Ratio 3.14
Portfolio P/E Ratio 28.18

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 98,445 99,352
Giant (%) 51.81 51.33
Large (%) 16.18 15.47
Mid (%) 23.71 24.79
Small (%) 8.13 8.39
Tiny (%) 0.17 0.16

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 31.99 8.97 0.89 8.34
up HDFC Bank Financial 26.83 7.05 3.89 6.58
equal ICICI Bank Financial 23.43 8.03 1.75 4.69
equal Infosys Technology 26.25 4.55 0.99 4.55
up HDFC Financial 25.13 4.57 0.00 4.36
equal Axis Bank Financial 51.92 4.95 0.00 3.45
down HCL Technologies Technology 18.30 3.35 0.00 3.35
down Bharti Airtel Communication -- 4.24 0.00 3.11
equal Tata Consultancy Services Technology 32.80 3.89 0.00 2.94
down The Ramco Cements Construction 35.08 3.18 2.30 2.71
down Varun Beverages FMCG 87.11 3.06 0.85 2.64
down Navin Fluorine International Chemicals 30.04 2.69 0.00 2.63
down SBI Life Insurance Company Financial 52.53 3.05 1.15 2.44
down Hindustan Unilever FMCG 71.64 4.03 0.00 2.38
down Crompton Greaves Consumer Electricals Cons Durable 39.92 2.20 1.12 2.20
down Jubilant FoodWorks Services 240.54 2.43 0.00 2.20
down Ultratech Cement Construction 23.16 2.11 0.00 2.11
equal Emami FMCG 60.20 2.10 0.55 2.10
down ICICI Lombard General Insurance Company Financial 47.60 3.16 1.19 2.08
down Mahindra & Mahindra Automobile -- 2.87 1.16 2.00
equal Quess Corp Financial -- 3.02 0.00 1.91
down Larsen & Toubro Construction 13.78 4.59 0.00 1.82
down Apollo Hospitals Healthcare 198.91 1.66 0.82 1.60
down Kansai Nerolac Paints Chemicals 75.67 1.75 0.74 1.60
down Grindwell Norton Metals 36.66 1.67 1.10 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-Oct-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 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 27-Nov-2020

Growth: ₹ 105.3571

Dividend: ₹ 11.3462


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: 15.60%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,173 Cr (As on 31-Oct-2020)
Expense: 2.14% (As on 31-Oct-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 46.00%

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

Last Session

VR Helpline

Critical Investment Decisions

dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

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