Sundaram ELSS Tax Saver Fund Direct Plan - Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 469.15 as on 18-04-2024
Fund Performance
152 people have invested ₹ 11.6L in Sundaram ELSS Tax Saver Fund Direct Plan - Growth in the last three months
Mutual Fund Insights
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.91% return, outperforming this fund by 12.72% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.3% return, outperforming this fund by 16.83% per annum.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 61.86% return, outperforming this fund by 27.49%.
INDmoney Rank of Sundaram ELSS Tax Saver Fund Direct Plan - Growth
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Sundaram ELSS Tax Saver Fund Direct Plan - Growth
Sundaram ELSS Tax Saver 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
- Sundaram ELSS Tax Saver Fund Direct Plan - Growth has ₹1222 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.7.
Sundaram ELSS Tax Saver Fund Direct Plan - Growth Overview
 | 1.66% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹1222 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 21.42% |
Sundaram ELSS Tax Saver Fund Direct Plan - Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
70.6%
Small cap
12.6%
Mid cap
11.9%
Sector Allocation
Financial Services
34%
Tech
11.8%
Consumer Cyclical
11.6%
Industrial
9.5%
Health
8.8%
Consumer Defensive
8.6%
Energy
6.8%
Basic Materials
5.7%
Communication
2.7%
Real Estate
0.4%
Top Holdings of Sundaram ELSS Tax Saver Fund Direct Plan - Growth as on (31-Mar-24)
Equity Holdings74
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.96% | 0% | |
 Reliance Industries Ltd | 6.55% | 0% | |
 ICICI Bank Ltd | 5.69% | 0% | |
 Infosys Ltd | 4.29% | 0% | |
 Force Motors Ltd | 3.09% | -5.1% |
See all
Sundaram ELSS Tax Saver Fund Direct Plan - Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.65% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.12% in Mar'24
AUM Change
- AUM of the fund stands at 1.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Sundaram ELSS Tax Saver Fund Direct Plan - Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Force Motors Ltd | 49.3% |
 Avenue Supermarts Ltd | 20.1% |
 Bharti Airtel Ltd Partly Paidup | 8.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Multi Commodity Exchange of India Ltd | 18.9% |
Peer Analysis
Sundaram ELSS Tax Saver Fund Direct Plan - Growth Fund Manager
Rohit Seksaria
Fund Manager of Sundaram ELSS Tax Saver Fund Direct Plan - Growth, since 1 January 2022
Top funds managed
Sudhir Kedia
Fund Manager of Sundaram ELSS Tax Saver Fund Direct Plan - Growth, since 29 October 2019
Top funds managed
Sundaram ELSS Tax Saver Fund Direct Plan - Growth 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 16.29% since inception which is more than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 95.82% in Equity, 0% in Debt and 4.18% in Cash related instruments
AUM size ₹1222 Cr
This fund has AUM of ₹1222 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 1.66%
This fund has an expense ratio of 1.66% which is more than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Sundaram ELSS Tax Saver Fund Direct Plan - Growth is ₹469.15 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Sundaram ELSS Tax Saver Fund Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.65% | 2.65% |
6 Month Returns | 14.45% | 14.45% |
1 Year Returns | 34.37% | 34.37% |
3 Years Returns | 73.62% | 20.19% |
5 Years Returns | 114.36% | 16.47% |
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1.66% as on March 2024
₹1222 Cr as on March 2024
HDFC Bank Ltd(6.96%), Reliance Industries Ltd(6.55%), ICICI Bank Ltd(5.69%), Infosys Ltd(4.29%), Force Motors Ltd(3.09%) as on March 2024
Financial Services(32.53%), Tech(11.35%), Consumer Cyclical(11.13%) as on March 2024
The alpha ratio for the Sundaram ELSS Tax Saver Fund Direct Plan - Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram ELSS Tax Saver Fund Direct Plan - Growth | 1.02 | 1.87 | 0.27 |
As on March 2024
The alpha for Sundaram ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Plan - Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram ELSS Tax Saver Fund Direct Plan - Growth | 0.87 | 0.89 | 0.93 |
As on March 2024
The Beta for Sundaram ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Plan - Growth | 2.57 | 1.13 | 0.68 |
As on March 2024
The sharpe ratio for Sundaram ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver Fund Direct Plan - Growth | 9.93 | 12.13 | 17.98 |
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 2.17 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.15 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Seksaria, Sudhir Kedia are the fund managers of Sundaram ELSS Tax Saver Fund Direct Plan - Growth
The Exit load of Sundaram ELSS Tax Saver Fund Direct Plan - Growth is 0%