Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option

Equity
Direct
Elss (Tax Savings)
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option

About the Fund

Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is an equity fund. This fund was started on 26 March, 2015. The fund is managed by Rohit Seksaria, Sudhir Kedia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option has ₹21 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option has given a CAGR return of 13.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.05%, 18.26% and 19.04% respectively.

Holdings

Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Energy, Tech, Consumer Cyclical, Industrial, Communication, Consumer Defensive, Health. Its top holdings are ICICI Bank Ltd, Reliance Industries Ltd, HDFC Bank Ltd, Infosys Ltd, State Bank of India

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. There is a lock in period for Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option of 3 Years

Fund Performance

Fund Overview

Expense ratio1.37%
Benchmark
BSE 500 TRI
AUM₹21 Cr
Inception Date26 March, 2015
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
3.85%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 95.7%

  • Debt & Cash 4.3%

Large cap
83.1%

Mid cap
9%

Small cap
3.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
33.8%
Basic Materials
13.7%
Energy
12.6%
Tech
9.8%
Consumer Cyclical
8.4%
Industrial
6.1%
Health
6%
Communication
5.1%
Consumer Defensive
4.5%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option, since 1 January 2022
Sudhir Kedia
Sudhir Kedia
Fund Manager of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option, since 1 January 2022

Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option 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 13.51% since inception which is less than its category average return of 16.8%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.7% in Equity, 0% in Debt and 4.3% in Cash related instruments
AUM size ₹21 Cr

AUM size ₹21 Cr

This fund has AUM of ₹21 Cr which is less than its category average of ₹ 3843 Cr
Expense Ratio 1.37%

Expense Ratio 1.37%

This fund has an expense ratio of 1.37% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is ₹26.1 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
Absolute Returns
CAGR Returns
1 Month Returns
4.05%
4.05%
6 Month Returns
13.49%
13.49%
1 Year Returns
29.05%
29.05%
3 Years Returns
65.37%
18.26%
5 Years Returns
139.02%
19.04%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.37% as on June 2024
₹21 Cr as on June 2024
ICICI Bank Ltd(9.34%), Reliance Industries Ltd(8.54%), HDFC Bank Ltd(8.35%), Infosys Ltd(6.32%), State Bank of India(6.13%) as on June 2024
Financial Services(33.17%), Basic Materials(14.17%), Energy(12.1%) as on June 2024
The alpha ratio for the Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
-4.83
0.1
-0.81
As on June 2024
The alpha for Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is calculated against BSE 500 TRI. 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 Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
0.97
0.9
1
As on June 2024
The Beta for Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is calculated with BSE 500 TRI. 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 Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
1.73
0.97
0.71
As on June 2024
The sharpe ratio for Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is calculated with BSE 500 TRI. 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 Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
11.16
12.06
19.14
As on June 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 1.84 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Rohit Seksaria, Sudhir Kedia are the fund managers of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option
The Exit load of Sundaram Long Term Tax Advantage Fund Series I Direct Income Dist cum Cap Wdrl option is 0%