Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 22.6 as on 29-09-2023

Fund Performance

About the Fund

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is an equity fund. This fund was started on 24 March, 2017. The fund is managed by Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
  2. The fund has an expense ratio 1.3.

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Overview

Expense ratio
Expense ratio
1.32%
Benchmark
Benchmark
IISL Nifty Free Float Smallcap 100 INR
AUM
AUM
₹38 Cr
Inception Date
Inception Date
24 March, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
9.25%

Fund Distribution as on (31-Aug-23)

  • Equity 95.1%

  • Debt & Cash 4.7%

Size breakup

Small cap
84.4%
Mid cap
10.8%

Sector Allocation

Aug'23

Jul'23

Jun'23

Industrial

23.8%

Consumer Cyclical

19.5%

Financial Services

18.6%

Basic Materials

13.1%

Communication

5.8%

Health

5.6%

Consumer Defensive

5.1%

Tech

5%

Real Estate

3.5%

Top Holdings of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth as on (31-Aug-23)

  • Equity

  • Debt & Cash

Equity Holdings49
Debt Holdings1

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth: Monthly Changes Updates

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
6.25%
3.73%
4.86%
Nifty 500
-0.74%
3.21%
4.25%
  • This fund’s returns stands at 6.25% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
  • This fund outperformed Nifty 500 by 7.00% in Aug'23

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 38.4 Cr
₹ 36.6 Cr
₹ 36 Cr
  • AUM of the fund stands at 38.4 Cr as of Aug'23
  • AUM increased by 1.8 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Gainers & Losers in Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth portfolio Returns for the month of Aug

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Fund Manager

Sudhir Kedia

Sudhir Kedia

Fund Manager of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth, since 1 January 2022
Rohit Seksaria

Rohit Seksaria

Fund Manager of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth, since 1 April 2019

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.33% since inception which is less than its category average return of 14.27%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.14% in Equity, 0% in Debt and 4.65% in Cash related instruments
AUM size ₹38 Cr

AUM size ₹38 Cr

This fund has AUM of ₹38 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 1.32%

Expense Ratio 1.32%

This fund has an expense ratio of 1.32% which is less than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is ₹22.61 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.41%
3.41%
6 Month Returns
35.87%
35.87%
1 Year Returns
31.85%
31.85%
3 Years Returns
203.94%
44.85%
5 Years Returns
150.31%
20.14%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.32% as on August 2023
₹38 Cr as on August 2023
Safari Industries (India) Ltd(5.42%), Equitas Small Finance Bank Ltd Ordinary Shares(4.83%), KEI Industries Ltd(4.79%), Greenpanel Industries Ltd Ordinary Shares(4.24%), KSB Ltd(4.19%) as on August 2023
Industrial(22.66%), Consumer Cyclical(18.54%), Financial Services(17.7%) as on August 2023
The alpha ratio for the Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
17.5
18.33
4.54
As on August 2023
The alpha for Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is calculated against IISL Nifty Free Float Smallcap 100 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 Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
0.64
0.95
1.18
As on August 2023
The Beta for Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is calculated with IISL Nifty Free Float Smallcap 100 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 Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
1.66
1.89
0.55
As on August 2023
The sharpe ratio for Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is calculated with IISL Nifty Free Float Smallcap 100 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 Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
11.89
18
26.18
As on August 2023
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 4.7 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.91 as on August 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Sudhir Kedia, Rohit Seksaria are the fund managers of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
The Exit load of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth is 0%