Sundaram Long Term Tax Advantage Fund Series III Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹39 Cr
Expense Ratio
1.37%
ISIN
INF903JA1BT1
Minimum SIP
-
Exit Load
-
Inception Date
28 Mar 2018
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹29.68, Assets Under Management (AUM) of 38.99 Crores, and an expense ratio of 1.37%.
- Sundaram Long Term Tax Advantage Fund Series III Direct Growth has given a CAGR return of 18.35% since inception.
- The fund's asset allocation comprises around 97.22% in equities, 0.00% in debts, and 2.78% 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
+30.36%
— (Cat Avg.)
3 Years
+26.59%
— (Cat Avg.)
5 Years
+31.33%
— (Cat Avg.)
Since Inception
+18.35%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹37.91 Cr | 97.22% |
| Others | ₹1.08 Cr | 2.78% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Multi Commodity Exchange of India Ltd | Equity | ₹2.26 Cr | 5.79% |
| KEI Industries Ltd | Equity | ₹1.85 Cr | 4.74% |
| Safari Industries (India) Ltd | Equity | ₹1.79 Cr | 4.58% |
| KSB Ltd | Equity | ₹1.72 Cr | 4.41% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹1.71 Cr | 4.38% |
| TVS Holdings Ltd | Equity | ₹1.61 Cr | 4.12% |
| Affle India Ltd | Equity | ₹1.56 Cr | 4.00% |
| Sapphire Foods India Ltd | Equity | ₹1.5 Cr | 3.84% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹1.3 Cr | 3.33% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹1.21 Cr | 3.11% |
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹1.18 Cr | 3.03% |
| Treps | Cash - Repurchase Agreement | ₹1.13 Cr | 2.91% |
| Rategain Travel Technologies Ltd | Equity | ₹1.08 Cr | 2.77% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹1.08 Cr | 2.76% |
| Ador Welding Ltd | Equity | ₹1.05 Cr | 2.70% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹1.05 Cr | 2.69% |
| PVR INOX Ltd | Equity | ₹1.04 Cr | 2.66% |
| Navin Fluorine International Ltd | Equity | ₹0.97 Cr | 2.49% |
| Can Fin Homes Ltd | Equity | ₹0.96 Cr | 2.46% |
| Angel One Ltd Ordinary Shares | Equity | ₹0.95 Cr | 2.44% |
| Procter & Gamble Health Ltd | Equity | ₹0.91 Cr | 2.34% |
| SIS Ltd Ordinary Shares | Equity | ₹0.9 Cr | 2.30% |
| Brigade Enterprises Ltd | Equity | ₹0.87 Cr | 2.23% |
| RHI Magnesita India Ltd | Equity | ₹0.78 Cr | 2.00% |
| Laurus Labs Ltd | Equity | ₹0.78 Cr | 1.99% |
| JK Cement Ltd | Equity | ₹0.77 Cr | 1.98% |
| Birlasoft Ltd | Equity | ₹0.76 Cr | 1.96% |
| Westlife Foodworld Ltd | Equity | ₹0.67 Cr | 1.72% |
| Century Plyboards (India) Ltd | Equity | ₹0.66 Cr | 1.70% |
| Butterfly Gandhimathi Appliances Ltd | Equity | ₹0.59 Cr | 1.52% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹0.59 Cr | 1.51% |
| Grindwell Norton Ltd | Equity | ₹0.57 Cr | 1.47% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹0.57 Cr | 1.45% |
| Home First Finance Co India Ltd --- | Equity | ₹0.51 Cr | 1.30% |
| Transport Corp of India Ltd | Equity | ₹0.44 Cr | 1.12% |
| Tata Steel Ltd | Equity | ₹0.42 Cr | 1.09% |
| Phoenix Mills Ltd | Equity | ₹0.41 Cr | 1.05% |
| Carborundum Universal Ltd | Equity | ₹0.35 Cr | 0.89% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.26 Cr | 0.66% |
| MM Forgings Ltd | Equity | ₹0.25 Cr | 0.64% |
| Cash And Other Net Current Assets | Cash | ₹-0.05 Cr | 0.13% |
Allocation By Market Cap (Equity)
Large Cap Stocks
1.20%
Mid Cap Stocks
10.79%
Small Cap Stocks
84.47%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹9.3 Cr | 23.85% |
| Industrials | ₹7.91 Cr | 20.29% |
| Consumer Cyclical | ₹6.41 Cr | 16.43% |
| Basic Materials | ₹4.54 Cr | 11.63% |
| Healthcare | ₹4.03 Cr | 10.35% |
| Communication Services | ₹2.6 Cr | 6.67% |
| Technology | ₹1.84 Cr | 4.73% |
| Real Estate | ₹1.28 Cr | 3.28% |
Risk & Performance Ratios
Standard Deviation
This fund
14.68%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.36
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Sudhir Kedia
Since January 2022
Rohit Seksaria
Since April 2019
Additional Scheme Detailsas of 31st July 2024
ISIN | INF903JA1BT1 | Expense Ratio | 1.37% | Exit Load | - | Fund Size | ₹39 Cr | Age | 28 Mar 2018 | 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Sundaram Long Term Tax Advantage Fund Series III Direct Growth?
What are the returns of Sundaram Long Term Tax Advantage Fund Series III Direct Growth?
What is the portfolio composition of Sundaram Long Term Tax Advantage Fund Series III Direct Growth?
Who manages the Sundaram Long Term Tax Advantage Fund Series III Direct Growth?
- Sudhir Kedia
- Rohit Seksaria
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.