Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 26.77 as on 23-04-2024
Fund Performance
About the Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is an equity fund. This fund was started on 18 November, 2016. The fund is managed by Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal has ₹77 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal Overview
 | 1.24% |
 Benchmark | IISL NIFTY Smallcap 100 PR INR |
 | ₹77 Cr |
 | 18 November, 2016 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 9.61% |
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal Distribution as on (31-Mar-24)
Size breakup
Small cap
84.6%
Mid cap
6.8%
Large cap
1.1%
Sector Allocation
Financial Services
23.8%
Industrial
21.2%
Consumer Cyclical
18.8%
Basic Materials
14.2%
Health
5.9%
Communication
5.6%
Consumer Defensive
5%
Real Estate
4.7%
Tech
0.7%
Top Holdings of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal as on (31-Mar-24)
Equity Holdings46
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -4.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 3.73% in Mar'24
AUM Change
- AUM of the fund stands at 81.8 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 KEI Industries Ltd | 32.8% |
 Angel One Ltd | 18.3% |
 Westlife Foodworld Ltd | 15.5% |
Peer Analysis
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal Fund Manager
Sudhir Kedia
Fund Manager of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal, since 1 April 2019
Top funds managed
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.18% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 94.24% in Equity, 0% in Debt and 5.54% in Cash related instruments
AUM size ₹77 Cr
This fund has AUM of ₹77 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 1.24%
This fund has an expense ratio of 1.24% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is ₹26.77 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 7.27% | 7.27% |
6 Month Returns | 16.28% | 16.28% |
1 Year Returns | 47.51% | 47.51% |
3 Years Returns | 144.89% | 34.79% |
5 Years Returns | 182.51% | 23.09% |
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1.24% as on March 2024
₹77 Cr as on March 2024
KSB Ltd(5.6%), Angel One Ltd Ordinary Shares(5.15%), Equitas Small Finance Bank Ltd Ordinary Shares(4.58%), Safari Industries (India) Ltd(4.42%), Multi Commodity Exchange of India Ltd(4.3%) as on March 2024
Financial Services(22.48%), Industrial(20.02%), Consumer Cyclical(17.69%) as on March 2024
The alpha ratio for the Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal | -5.5 | 10.17 | 3.63 |
As on March 2024
The alpha for Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is calculated against IISL NIFTY Smallcap 100 PR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal | 0.76 | 0.78 | 0.86 |
As on March 2024
The Beta for Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is calculated with IISL NIFTY Smallcap 100 PR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal | 2.34 | 1.43 | 0.69 |
As on March 2024
The sharpe ratio for Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is calculated with IISL NIFTY Smallcap 100 PR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal | 13.32 | 16.9 | 24.75 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.05 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sudhir Kedia, Rohit Seksaria are the fund managers of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal
The Exit load of Sundaram L/T Micro cap Tax Advantage Sries III Direct of Income Distribution cum Capital Withdrawal is 0%