Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Compare
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 26.56 as on 17-05-2024

About the Fund

Sundaram Long Term Tax Advantage Fund Series III Direct Growth is an equity fund. This fund was started on 28 March, 2018. 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 III Direct Growth has ₹36 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.
Fund Performance

Overview

Expense ratio
Expense ratio
1.37%
Benchmark
Benchmark
IISL Nifty Free Float Smallcap 100 INR
AUM
AUM
₹36 Cr
Inception Date
Inception Date
28 March, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
12.3%

Sundaram Long Term Tax Advantage Fund Series III Direct Growth Distribution as on (30-Apr-24)

  • Equity 92.1%

  • Debt & Cash 7.9%

Size breakup

Small cap
77.2%
Mid cap
10.5%
Large cap
1.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
25.7%
Financial Services
23.1%
Consumer Cyclical
17.1%
Basic Materials
12.5%
Health
9.7%
Communication
4.7%
Real Estate
4.2%
Consumer Defensive
3%

Top Holdings of Sundaram Long Term Tax Advantage Fund Series III Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings48

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
7.97%
-4.10%
-1.96%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 7.97% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 5.51% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 36 Cr
₹ 36 Cr
₹ 36 Cr
  • AUM of the fund stands at 36 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram Long Term Tax Advantage Fund Series III Direct Growth, since 1 April 2019
Sudhir Kedia
Sudhir Kedia
Fund Manager of Sundaram Long Term Tax Advantage Fund Series III Direct Growth, since 1 January 2022

Sundaram Long Term Tax Advantage Fund Series III Direct Growth 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 17.03% since inception which is more than its category average return of 15.75%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.09% in Equity, 0% in Debt and 7.91% in Cash related instruments
AUM size ₹36 Cr

AUM size ₹36 Cr

This fund has AUM of ₹36 Cr which is less than its category average of ₹ 3661 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 1.48%

Frequently Asked Questions

The current NAV of Sundaram Long Term Tax Advantage Fund Series III Direct Growth is ₹26.56 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.85%
2.85%
6 Month Returns
11.35%
11.35%
1 Year Returns
41.39%
41.39%
3 Years Returns
132.9%
32.55%
5 Years Returns
218.01%
26.03%
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 April 2024
₹36 Cr as on April 2024
Multi Commodity Exchange of India Ltd(4.96%), KSB Ltd(4.64%), KEI Industries Ltd(4.45%), Safari Industries (India) Ltd(4.23%), Equitas Small Finance Bank Ltd Ordinary Shares(4.02%) as on April 2024
Industrial(23.69%), Financial Services(21.3%), Consumer Cyclical(15.72%) as on April 2024
The alpha ratio for the Sundaram Long Term Tax Advantage Fund Series III Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
16.89
14.18
5.9
As on April 2024
The alpha for Sundaram Long Term Tax Advantage Fund Series III 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 Tax Advantage Fund Series III Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
0.62
0.83
1.11
As on April 2024
The Beta for Sundaram Long Term Tax Advantage Fund Series III 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 Tax Advantage Fund Series III 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 Tax Advantage Fund Series III Direct Growth
2.35
1.59
0.83
As on April 2024
The sharpe ratio for Sundaram Long Term Tax Advantage Fund Series III 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 Tax Advantage Fund Series III 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 Tax Advantage Fund Series III Direct Growth
13.75
15.91
24.43
As on April 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 3.64 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.21 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Sudhir Kedia are the fund managers of Sundaram Long Term Tax Advantage Fund Series III Direct Growth