Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 29.71 as on 28-02-2024
Fund Performance

About the Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is an equity fund. This fund was started on 18 November, 2016. The fund is managed by Rohit Seksaria, Sudhir Kedia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth has ₹84 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth Overview

Expense ratio
Expense ratio
1.24%
Benchmark
Benchmark
IISL NIFTY Smallcap 100 PR INR
AUM
AUM
₹84 Cr
Inception Date
Inception Date
18 November, 2016
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
9.61%

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth Distribution as on (31-Jan-24)

  • Equity 95.8%

  • Debt & Cash 4%

Size breakup

Small cap
86.4%
Mid cap
7%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
23.7%
Industrial
22.6%
Consumer Cyclical
17.7%
Basic Materials
14%
Health
5.8%
Communication
5.6%
Real Estate
5.1%
Consumer Defensive
4.7%
Tech
0.9%

Top Holdings of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth as on (31-Jan-24)

  • Equity

Equity Holdings48

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
1.63%
5.48%
8.03%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 1.63% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 0.08% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 83.7 Cr
₹ 84.5 Cr
₹ 77.1 Cr
  • AUM of the fund stands at 83.7 Cr as of Jan'24
  • AUM decreased by 0.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth portfolio Returns for the month of Jan

Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth Fund Manager

Rohit Seksaria
Rohit Seksaria
Fund Manager of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth, since 1 April 2019
Sudhir Kedia
Sudhir Kedia
Fund Manager of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth, since 1 January 2022

Sundaram L/T Micro cap Tax Advantage Fund Sries 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 16.5% since inception which is more than its category average return of 15.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.79% in Equity, 0% in Debt and 4% in Cash related instruments
AUM size ₹84 Cr

AUM size ₹84 Cr

This fund has AUM of ₹84 Cr which is less than its category average of ₹ 3382 Cr
Expense Ratio 1.24%

Expense Ratio 1.24%

This fund has an expense ratio of 1.24% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is ₹29.71 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.78%
2.78%
6 Month Returns
19.93%
19.93%
1 Year Returns
55.13%
55.13%
3 Years Returns
147.81%
35.32%
5 Years Returns
209.36%
25.34%
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1.24% as on January 2024
₹84 Cr as on January 2024
Angel One Ltd Ordinary Shares(5.13%), KSB Ltd(4.97%), Safari Industries (India) Ltd(4.82%), Brigade Enterprises Ltd(4.81%), Equitas Small Finance Bank Ltd Ordinary Shares(4.74%) as on January 2024
Financial Services(22.67%), Industrial(21.61%), Consumer Cyclical(16.91%) as on January 2024
The alpha ratio for the Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
11.35
11.87
4.78
As on January 2024
The alpha for Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is calculated against IISL NIFTY Smallcap 100 PR 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 L/T Micro cap Tax Advantage Fund Sries III Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
0.55
0.77
0.86
As on January 2024
The Beta for Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is calculated with IISL NIFTY Smallcap 100 PR 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 L/T Micro cap Tax Advantage Fund Sries III Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
3.58
1.79
0.82
As on January 2024
The sharpe ratio for Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is calculated with IISL NIFTY Smallcap 100 PR 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 L/T Micro cap Tax Advantage Fund Sries III Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
10.48
16.85
25
As on January 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 4.12 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.06 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Sudhir Kedia are the fund managers of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth
The Exit load of Sundaram L/T Micro cap Tax Advantage Fund Sries III Direct Growth is 0%