Sundaram Long Term Tax Advantage Fund Series III Direct Growth
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
- Sundaram Long Term Tax Advantage Fund Series III Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
Sundaram Long Term Tax Advantage Fund Series III Direct Growth has given a CAGR return of 17.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.21%, 26.46% and 29.62% respectively.
Holdings
Sundaram Long Term Tax Advantage Fund Series III Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Communication, Tech, Real Estate, Corporate. Its top holdings are KEI Industries Ltd, KSB Ltd, Multi Commodity Exchange of India Ltd, TVS Holdings Ltd, Safari Industries (India) Ltd
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 benefitDividends 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 III Direct Growth
"The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap and from income tax benefit available. For the purpose investment by the scheme ‘micro cap’ stock is defined as one whose market cap is equal to or lower than the 301stStock by market cap (after sorting the securities in the descending order of market capitalization) on the National Stock exchange of India limited, mumbai, at the time of investment. 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 III Direct Growth of 3 Years
Fund Overview
| Expense ratio | 1.37% |
Benchmark | BSE 500 TRI |
| AUM | ₹38 Cr |
| Inception Date | 28 March, 2018 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 12.3% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 KEI Industries Ltd | 4.62% | 0% | |
 KSB Ltd | 4.54% | 0% | |
 Multi Commodity Exchange of India Ltd | 4.45% | 0% | |
 TVS Holdings Ltd | 3.97% | 0% | |
 Safari Industries (India) Ltd | 3.83% | 0% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 TVS Holdings Ltd | 5.4% |
 Affle India Ltd | 4.9% |
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹38 Cr
Expense Ratio 1.37%
Frequently Asked Questions
Sundaram Long Term Tax Advantage Fund Series III Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.04% | -0.04% |
6 Month Returns | 13.28% | 13.28% |
1 Year Returns | 36.21% | 36.21% |
3 Years Returns | 102.26% | 26.46% |
5 Years Returns | 265.88% | 29.62% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Long Term Tax Advantage Fund Series III Direct Growth | 12.6 | 11.2 | 6.62 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Long Term Tax Advantage Fund Series III Direct Growth | 0.74 | 0.8 | 1.1 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Long Term Tax Advantage Fund Series III Direct Growth | 2.07 | 1.43 | 0.92 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Long Term Tax Advantage Fund Series III Direct Growth | 14.91 | 15.11 | 24.47 |