Sundaram Tax Savings Fund - Direct Plan - Growth
Sundaram Tax Savings Fund - Direct Plan - Growth

Sundaram Tax Savings Fund - Direct Plan - Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 354.5 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
92 people have invested ₹ 17.7L in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 9.23% return, outperforming this fund by 8.72%

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In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 37.91% return, outperforming this fund by 19.01% per annum

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In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 21.51% return, outperforming this fund by 11.44% per annum

INDmoney Rank

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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-2.3%
-2.7%
2.6%
0.5%
18.9%
10.1%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-2.7%
-2.8%
2.1%
-0.8%
15.6%
9.8%
About the Fund

Sundaram Tax Savings Fund - Direct Plan - Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Rohit Seksaria, Sudhir Kedia. The fund could potentially beat inflation in the long-run.

Key parameters

1) Sundaram Tax Savings Fund - Direct Plan - Growth has a NAV of 354.4947 as on 03-02-2023.

2) Sundaram Tax Savings Fund - Direct Plan - Growth has 965 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 1.76 %.

Fund Overview

Expense ratio
Expense ratio
1.76%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹965 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
57.77%

Fund Distribution as on (31-Dec-22)

  • Equity 97.2%
  • Debt & Cash 2.8%
Size breakup
Large cap
64.8%
Mid cap
22.6%
Small cap
9.5%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

41.9%

Consumer Cyclical

14.8%

Industrial

12.9%

Tech

10.2%

Energy

4.8%

Health

4.6%

Consumer Defensive

4.5%

Basic Materials

3.6%

Communication

1.5%

Real Estate

1.1%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings63
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 32.5 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 965 Cr
Nov'22
₹ 997.5 Cr
Oct'22
₹ 984.4 Cr

Fund Returns vs Benchmark

Jan'23
4.24%
5.37%
Dec'22
1.61%
2.63%
Nov'22
4.24%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
64
62
62
Top 5 Company Concentration
27.6%
28.5%
27.5%
Company having highest exposure
ICICI Bank Ltd (7.9%)
ICICI Bank Ltd (8.9%)
ICICI Bank Ltd (8.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
82.2%
81.8%
81.4%
Sector having highest exposure
Financial Services (40.8%)
Financial Services (39.4%)
Financial Services (38.4%)

Winners & Losers as on (31-Dec-22)

Fund Manager

Rohit Seksaria

Rohit Seksaria

Fund Manager of Sundaram Tax Savings Fund - Direct Plan - Growth, since 1 January 2022
Sudhir Kedia

Sudhir Kedia

Fund Manager of Sundaram Tax Savings Fund - Direct Plan - Growth, since 29 October 2019

AMC details

Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹43.48K Cr
as on 31-Dec-2022
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Email
rahulm@sundarammutual.com

Fund 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 15.11% since inception which is more than its category average return of 12.94%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.16% in Equity, 0% in Debt and 2.84% in Cash related instruments
AUM size ₹965 Cr

AUM size ₹965 Cr

This fund has AUM of ₹965 Cr which is less than its category average of ₹ 2677 Cr
Expense Ratio 1.76%

Expense Ratio 1.76%

This fund has an expense ratio of 1.76% which is more than its category average expense ratio of 1.57%

Frequently Asked Questions

The current NAV of Sundaram Tax Savings Fund - Direct Plan - Growth is 354.49 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Sundaram Tax Savings Fund - Direct Plan - Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.29%
-2.29%
6 Month Returns
2.64%
2.64%
1 Year Returns
0.51%
0.51%
3 Years Returns
68.09%
18.9%
5 Years Returns
61.62%
10.08%
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1.76 as on January 2023
965 Cr as on January 2023
ICICI Bank Ltd(7.95%),HDFC Bank Ltd(5.65%),State Bank of India(4.9%),Reliance Industries Ltd(4.62%),Infosys Ltd(4.5%) as on January 2023
Financial Services(40.76%),Consumer Cyclical(14.41%),Industrial(12.49%) as on January 2023
The alpha ratio for the Sundaram Tax Savings Fund - Direct Plan - Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Sundaram Tax Savings Fund - Direct Plan - Growth
-0.44
2.08
-1.03
As on January 2023
The alpha for Sundaram Tax Savings Fund - Direct Plan - Growth is calculated against S&P BSE 200 India TR 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 Tax Savings Fund - Direct Plan - Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Sundaram Tax Savings Fund - Direct Plan - Growth
0.86
0.93
0.96
As on January 2023
The Beta for Sundaram Tax Savings Fund - Direct Plan - Growth is calculated with S&P BSE 200 India TR 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 Tax Savings Fund - Direct Plan - Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Sundaram Tax Savings Fund - Direct Plan - Growth
-0.18
0.68
0.29
As on January 2023
The sharpe ratio for Sundaram Tax Savings Fund - Direct Plan - Growth is calculated with S&P BSE 200 India TR 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 Tax Savings Fund - Direct Plan - Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Sundaram Tax Savings Fund - Direct Plan - Growth
14.65
21.6
19.35
As on January 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 0.98 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.51 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria,Sudhir Kedia are the fund managers of Sundaram Tax Savings Fund - Direct Plan - Growth
The Exit load of Sundaram Tax Savings Fund - Direct Plan - Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.