Sundaram Long Term Tax Advantage Fund Series II Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹14 Cr
Expense Ratio
1.37%
ISIN
INF903J011W9
Minimum SIP
-
Exit Load
No Charges
Inception Date
21 Mar 2016
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹36.46, Assets Under Management (AUM) of 13.54 Crores, and an expense ratio of 1.37%.
- Sundaram Long Term Tax Advantage Fund Series II Direct Growth has given a CAGR return of 16.49% since inception.
- The fund's asset allocation comprises around 96.14% in equities, 0.00% in debts, and 3.86% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+26.38%
— (Cat Avg.)
3 Years
+15.65%
— (Cat Avg.)
5 Years
+21.17%
— (Cat Avg.)
Since Inception
+16.49%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹13.01 Cr | 96.14% |
| Others | ₹0.52 Cr | 3.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1.22 Cr | 9.02% |
| HDFC Bank Ltd | Equity | ₹1.14 Cr | 8.40% |
| Infosys Ltd | Equity | ₹1.06 Cr | 7.80% |
| Reliance Industries Ltd | Equity | ₹1.05 Cr | 7.78% |
| State Bank of India | Equity | ₹0.96 Cr | 7.07% |
| Bharti Airtel Ltd | Equity | ₹0.68 Cr | 5.04% |
| Larsen & Toubro Ltd | Equity | ₹0.66 Cr | 4.85% |
| Tata Motors Ltd | Equity | ₹0.54 Cr | 4.01% |
| Treps | Cash - Repurchase Agreement | ₹0.5 Cr | 3.67% |
| UltraTech Cement Ltd | Equity | ₹0.48 Cr | 3.54% |
| Axis Bank Ltd | Equity | ₹0.43 Cr | 3.14% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.38 Cr | 2.82% |
| ITC Ltd | Equity | ₹0.37 Cr | 2.70% |
| Jindal Steel & Power Ltd | Equity | ₹0.35 Cr | 2.57% |
| Titan Co Ltd | Equity | ₹0.32 Cr | 2.37% |
| Coromandel International Ltd | Equity | ₹0.29 Cr | 2.13% |
| Tata Consultancy Services Ltd | Equity | ₹0.28 Cr | 2.08% |
| HCL Technologies Ltd | Equity | ₹0.27 Cr | 2.01% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.27 Cr | 1.98% |
| Bank of Baroda | Equity | ₹0.24 Cr | 1.75% |
| Schaeffler India Ltd | Equity | ₹0.23 Cr | 1.71% |
| SBI Life Insurance Co Ltd | Equity | ₹0.22 Cr | 1.60% |
| Hindalco Industries Ltd | Equity | ₹0.2 Cr | 1.46% |
| Tata Consumer Products Ltd | Equity | ₹0.19 Cr | 1.43% |
| Cipla Ltd | Equity | ₹0.19 Cr | 1.39% |
| Navin Fluorine International Ltd | Equity | ₹0.17 Cr | 1.28% |
| Birla Corp Ltd | Equity | ₹0.16 Cr | 1.17% |
| Container Corporation of India Ltd | Equity | ₹0.14 Cr | 1.07% |
| Hindustan Unilever Ltd | Equity | ₹0.14 Cr | 1.06% |
| IndusInd Bank Ltd | Equity | ₹0.14 Cr | 1.04% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.13 Cr | 0.96% |
| Wipro Ltd | Equity | ₹0.08 Cr | 0.62% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.04 Cr | 0.29% |
| Cash And Other Net Current Assets | Cash | ₹0.03 Cr | 0.19% |
Allocation By Market Cap (Equity)
Large Cap Stocks
84.98%
Mid Cap Stocks
7.63%
Small Cap Stocks
2.81%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4.46 Cr | 32.98% |
| Energy | ₹1.7 Cr | 12.59% |
| Technology | ₹1.69 Cr | 12.51% |
| Basic Materials | ₹1.64 Cr | 12.14% |
| Consumer Cyclical | ₹1.1 Cr | 8.09% |
| Industrials | ₹0.8 Cr | 5.92% |
| Communication Services | ₹0.72 Cr | 5.33% |
| Consumer Defensive | ₹0.7 Cr | 5.19% |
| Healthcare | ₹0.19 Cr | 1.39% |
Risk & Performance Ratios
Standard Deviation
This fund
12.05%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.91
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Sudhir Kedia
Since January 2022
Rohit Seksaria
Since January 2022
Additional Scheme Detailsas of 31st July 2024
ISIN | INF903J011W9 | Expense Ratio | 1.37% | Exit Load | No Charges | Fund Size | ₹14 Cr | Age | 21 Mar 2016 | Lumpsum Minimum | ₹500 | Fund Status | Unlisted Closed End Investment Company | Benchmark | BSE 500 TRI |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4722.04 Cr | 32.6% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4722.04 Cr | 31.1% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | 32.9% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 32.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4016.58 Cr | 31.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.80 Cr | 36.0% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.80 Cr | 33.9% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹385.94 Cr | 51.8% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹385.94 Cr | 49.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | 24.7% |
About the AMC
Total AUM
₹65,883 Cr
Address
Sundaram Towers, Chennai, 600 014
Other Funds by Sundaram Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Sudhir Kedia
- Rohit Seksaria
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