Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 26.81 as on 16-04-2024
Fund Performance
About the Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl has ₹24 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl Overview
 | 1.37% |
 Benchmark | IISL Nifty Free Float Smallcap 100 INR |
 | ₹24 Cr |
 | 5 July, 2018 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 12.14% |
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl Distribution as on (31-Mar-24)
Size breakup
Small cap
80.6%
Mid cap
9.9%
Large cap
1.1%
Sector Allocation
Industrial
24.4%
Financial Services
21.9%
Consumer Cyclical
18.1%
Basic Materials
13%
Health
9.2%
Communication
6.2%
Real Estate
4.3%
Consumer Defensive
2.9%
Top Holdings of Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl as on (31-Mar-24)
Equity Holdings50
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -4.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 3.56% in Mar'24
AUM Change
- AUM of the fund stands at 23.9 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 KEI Industries Ltd | 32.8% |
 Angel One Ltd | 18.3% |
 J B Chemicals & Pharmaceuticals Ltd | 16% |
Peer Analysis
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl Fund Manager
Sudhir Kedia
Fund Manager of Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl, since 1 April 2019
Top funds managed
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl 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 20.23% since inception which is more than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 94.7% in Equity, 0% in Debt and 4.94% in Cash related instruments
AUM size ₹24 Cr
This fund has AUM of ₹24 Cr which is less than its category average of ₹ 3525 Cr
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 IV Direct Transfer of Income Distr cum Capital Wtdrwl is ₹26.81 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.88% | 7.88% |
6 Month Returns | 10.93% | 10.93% |
1 Year Returns | 46.66% | 46.66% |
3 Years Returns | 142.88% | 34.42% |
5 Years Returns | 183.43% | 23.17% |
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1.37% as on March 2024
₹24 Cr as on March 2024
KSB Ltd(5.09%), Safari Industries (India) Ltd(4.81%), Multi Commodity Exchange of India Ltd(4.62%), KEI Industries Ltd(4.37%), Equitas Small Finance Bank Ltd Ordinary Shares(4.22%) as on March 2024
Industrial(23.09%), Financial Services(20.74%), Consumer Cyclical(17.17%) as on March 2024
The alpha ratio for the Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl | 14.04 | 13.63 | 4.3 |
As on March 2024
The alpha for Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl | 0.64 | 0.81 | 1.1 |
As on March 2024
The Beta for Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl | 2.33 | 1.53 | 0.75 |
As on March 2024
The sharpe ratio for Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of 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 Transfer of 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 Transfer of Income Distr cum Capital Wtdrwl | 13.31 | 15.65 | 24.1 |
As on March 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 3.4 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.13 as on March 2024. 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 Transfer of Income Distr cum Capital Wtdrwl
The Exit load of Sundaram Long Term Tax Advantage Fund Series IV Direct Transfer of Income Distr cum Capital Wtdrwl is 0%