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
92 people have invested ₹ 17.7L in mutual fund in the last three months
Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 9.23% return, outperforming this fund by 8.72%
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
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)
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 | 1.76% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹965 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 57.77% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
64.8%
Mid cap
22.6%
Small cap
9.5%
Sector Allocation
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 Holdings63
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 7.95% | -7.9% | |
HDFC Bank Ltd | 5.65% | 0% | |
State Bank of India | 4.9% | 0% | |
Reliance Industries Ltd | 4.62% | 0% | |
Infosys Ltd | 4.5% | 0% |
See all
What changed
in last one month
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)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bank of Baroda | 8.1% |
Federal Bank Ltd | 4.8% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Rohit Seksaria
Fund Manager of Sundaram Tax Savings Fund - Direct Plan - Growth, since 1 January 2022
Top funds managed
Sudhir Kedia
Fund Manager of Sundaram Tax Savings Fund - Direct Plan - Growth, since 29 October 2019
Top funds managed
AMC details
Fund House
Sundaram Asset Management Company Ltd
Total Schemes
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
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 15.11% since inception which is more than its category average return of 12.94%
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
This fund has AUM of ₹965 Cr which is less than its category average of ₹ 2677 Cr
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%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.