Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 24.4 as on 20-09-2023
Fund Performance
About the Fund
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl is an equity fund. This fund was started on 5 July, 2018. The fund is managed by Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl has ₹23 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.2.
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl Overview
 | 1.18% |
 Benchmark | IISL Nifty Free Float Smallcap 100 INR |
 | ₹23 Cr |
 | 5 July, 2018 |
 | ₹0/₹0 |
 | 0% |
 | 3 Years |
 TurnOver | 12.14% |
Fund Distribution as on (31-Aug-23)
Size breakup
Small cap
80%
Mid cap
15.3%
Sector Allocation
Industrial
24.9%
Consumer Cyclical
18.2%
Financial Services
16.7%
Basic Materials
12.4%
Health
8.8%
Communication
7%
Real Estate
4.7%
Tech
4.3%
Consumer Defensive
3%
Top Holdings of Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl as on (31-Aug-23)
Equity Holdings52
Debt Holdings1
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 5.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 6.67% in Aug'23
AUM Change
- AUM of the fund stands at 22.6 Cr as of Aug'23
- AUM increased by 0.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Safari Industries (India) Ltd | 25.5% |
 KSB Ltd | 19.4% |
 KEI Industries Ltd | 19.3% |
Peer Analysis
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl Fund Manager
Sudhir Kedia
Fund Manager of Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl, since 1 January 2022
Top funds managed
Rohit Seksaria
Fund Manager of Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl, since 1 April 2019
Top funds managed
Fund 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 19.41% since inception which is more than its category average return of 14.36%
Fund Allocations
This fund has an allocation of 95.28% in Equity, 0% in Debt and 4.35% in Cash related instruments
AUM size ₹23 Cr
This fund has AUM of ₹23 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 1.18%
This fund has an expense ratio of 1.18% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl is ₹24.42 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.63% | 4.63% |
6 Month Returns | 34.34% | 34.34% |
1 Year Returns | 25.82% | 25.82% |
3 Years Returns | 184.33% | 41.67% |
5 Years Returns | 155.02% | 20.59% |
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1.18% as on August 2023
₹23 Cr as on August 2023
Safari Industries (India) Ltd(5.11%), KEI Industries Ltd(4.62%), KSB Ltd(4.32%), Equitas Small Finance Bank Ltd Ordinary Shares(4.05%), Greenpanel Industries Ltd Ordinary Shares(3.98%) as on August 2023
Industrial(23.7%), Consumer Cyclical(17.3%), Financial Services(15.91%) as on August 2023
The alpha ratio for the Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl | 17.65 | 17.82 | 7.27 |
As on August 2023
The alpha for Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl 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 IV Direct Payoutof Income Distr cum Capital Wtdrwl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl | 0.62 | 0.94 | 1.1 |
As on August 2023
The Beta for Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl 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 IV Direct Payoutof Income Distr cum Capital Wtdrwl 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 IV Direct Payoutof Income Distr cum Capital Wtdrwl | 1.69 | 1.93 | 0.68 |
As on August 2023
The sharpe ratio for Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl 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 IV Direct Payoutof Income Distr cum Capital Wtdrwl 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 IV Direct Payoutof Income Distr cum Capital Wtdrwl | 11.76 | 17.19 | 24.36 |
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 5.26 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2 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 Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl
The Exit load of Sundaram Long Term Tax Advantage Fund Series IV Direct Payoutof Income Distr cum Capital Wtdrwl is 0%