Dezerv

Fund Overview

Fund Size

Fund Size

₹1,287 Cr

Expense Ratio

Expense Ratio

1.66%

ISIN

ISIN

INF173K01HZ7

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Sundaram Tax Savings Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹488.40, Assets Under Management (AUM) of 1286.67 Crores, and an expense ratio of 1.66%.
  • Sundaram Tax Savings Fund Direct Growth has given a CAGR return of 16.54% since inception.
  • The fund's asset allocation comprises around 95.13% in equities, 0.00% in debts, and 4.86% in cash & cash equivalents.
  • You can start investing in Sundaram Tax Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

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

+34.41%

+36.06% (Cat Avg.)

3 Years

+20.00%

+20.13% (Cat Avg.)

5 Years

+18.65%

+18.87% (Cat Avg.)

10 Years

+16.15%

+15.86% (Cat Avg.)

Since Inception

+16.54%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity1,224.05 Cr95.13%
Others62.62 Cr4.87%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity92.13 Cr7.16%
Reliance Industries LtdEquity80.39 Cr6.25%
ICICI Bank LtdEquity76.04 Cr5.91%
Infosys LtdEquity44.46 Cr3.46%
TrepsCash - Repurchase Agreement40.18 Cr3.12%
Force Motors LtdEquity37.14 Cr2.89%
State Bank of IndiaEquity36.69 Cr2.85%
Axis Bank LtdEquity36.26 Cr2.82%
Sun Pharmaceuticals Industries LtdEquity32.6 Cr2.53%
Larsen & Toubro LtdEquity32 Cr2.49%
Tata Motors LtdEquity29.03 Cr2.26%
Avenue Supermarts LtdEquity28.54 Cr2.22%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity26.5 Cr2.06%
Bank of BarodaEquity25.5 Cr1.98%
InterGlobe Aviation LtdEquity25.09 Cr1.95%
Tata Consultancy Services LtdEquity23.43 Cr1.82%
Bajaj Finance LtdEquity22.16 Cr1.72%
Tech Mahindra LtdEquity22.11 Cr1.72%
Sundaram Liquid Dir GrMutual Fund - Open End20.26 Cr1.57%
Maruti Suzuki India LtdEquity19.23 Cr1.49%
UltraTech Cement LtdEquity18.95 Cr1.47%
ICRA LtdEquity17.46 Cr1.36%
United Breweries LtdEquity17.32 Cr1.35%
Cholamandalam Investment and Finance Co LtdEquity16.94 Cr1.32%
Blue Star LtdEquity16.72 Cr1.30%
Hindustan Unilever LtdEquity16.28 Cr1.27%
ABB India LtdEquity15.04 Cr1.17%
Jubilant Foodworks LtdEquity14.68 Cr1.14%
Multi Commodity Exchange of India LtdEquity14.38 Cr1.12%
Titan Co LtdEquity14.36 Cr1.12%
Cipla LtdEquity14.28 Cr1.11%
Bharti Airtel LtdEquity13.88 Cr1.08%
Kotak Mahindra Bank LtdEquity13.48 Cr1.05%
Pidilite Industries LtdEquity13.42 Cr1.04%
Info Edge (India) LtdEquity13.32 Cr1.04%
Mankind Pharma LtdEquity12.63 Cr0.98%
The Federal Bank LtdEquity12.39 Cr0.96%
BEML LtdEquity12.28 Cr0.95%
Canara BankEquity12.07 Cr0.94%
Aurobindo Pharma LtdEquity12 Cr0.93%
Max Financial Services LtdEquity11.83 Cr0.92%
Tata Steel LtdEquity11.39 Cr0.88%
Coforge LtdEquity11.38 Cr0.88%
Dr Reddy's Laboratories LtdEquity11.17 Cr0.87%
Bharti Hexacom LtdEquity10.74 Cr0.84%
Ipca Laboratories LtdEquity10.7 Cr0.83%
Kirloskar Oil Engines LtdEquity10.22 Cr0.79%
Tata Consumer Products LtdEquity10.2 Cr0.79%
IndusInd Bank LtdEquity9.09 Cr0.71%
Bata India LtdEquity8.9 Cr0.69%
Zomato LtdEquity8.5 Cr0.66%
Sterling and Wilson Renewable Energy LtdEquity8.28 Cr0.64%
Cummins India LtdEquity8.19 Cr0.64%
Nestle India LtdEquity7.52 Cr0.58%
Asian Paints LtdEquity7.48 Cr0.58%
Union Bank of IndiaEquity7.34 Cr0.57%
ITC LtdEquity6.93 Cr0.54%
Polycab India LtdEquity6.8 Cr0.53%
Britannia Industries LtdEquity6.69 Cr0.52%
CE Info Systems LtdEquity6.63 Cr0.52%
Clean Science and Technology LtdEquity6.6 Cr0.51%
Adani Ports & Special Economic Zone LtdEquity6.23 Cr0.48%
United Spirits LtdEquity6.12 Cr0.48%
Zydus Wellness LtdEquity5.83 Cr0.45%
Oberoi Realty LtdEquity5.64 Cr0.44%
Suven Pharmaceuticals LtdEquity5.02 Cr0.39%
Can Fin Homes LtdEquity4.65 Cr0.36%
Schaeffler India LtdEquity4.43 Cr0.34%
Dalmia Bharat LtdEquity3.87 Cr0.30%
Sapphire Foods India LtdEquity3.7 Cr0.29%
Alkem Laboratories LtdEquity3.38 Cr0.26%
Navin Fluorine International LtdEquity2.39 Cr0.19%
LTIMindtree LtdEquity2.35 Cr0.18%
Cash And Other Net Current AssetsCash2.17 Cr0.17%
BEML Land Assets LtdEquity1.37 Cr0.11%
Jio Financial Services LtdEquity1.17 Cr0.09%
Chennai Super Kings Ltd.Equity0.16 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

71.43%

Mid Cap Stocks

12.01%

Small Cap Stocks

11.68%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services410.95 Cr31.94%
Consumer Cyclical139.95 Cr10.88%
Industrials132.56 Cr10.30%
Technology118.65 Cr9.22%
Consumer Defensive105.43 Cr8.19%
Healthcare101.77 Cr7.91%
Energy80.39 Cr6.25%
Communication Services64.45 Cr5.01%
Basic Materials64.09 Cr4.98%
Real Estate5.64 Cr0.44%

Risk & Performance Ratios

Standard Deviation

This fund

12.17%

Cat. avg.

12.86%

Lower the better

Sharpe Ratio

This fund

1.20

Cat. avg.

1.10

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.10

Higher the better

Fund Managers

Sudhir Kedia

Sudhir Kedia

Since October 2019

Rohit Seksaria

Rohit Seksaria

Since January 2022

Additional Scheme Detailsas of 30th April 2024

ISININF173K01HZ7Expense Ratio1.66%Exit LoadNo ChargesFund Size₹1,287 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr33.7%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr32.2%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35641.94 Cr30.8%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3360.61 Cr33.3%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3360.61 Cr31.8%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr41.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr38.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr58.0%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr55.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1602.76 Cr26.6%

About the AMC

Total AUM

₹58,252 Cr

Address

Sundaram Towers, Chennai, 600 014

Other Funds by Sundaram Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.2%1.0%₹2154.00 Cr-
Sundaram Emerging Small Cap - Series VI Direct Growth

Low Risk

0.8%0.0%₹45.47 Cr7.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

Very High Risk

1.4%0.0%₹19.81 Cr27.0%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Very High Risk

1.2%0.0%₹32.69 Cr42.0%
Sundaram FTP IQ Direct Growth

Moderate Risk

-0.0%--
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

Very High Risk

1.4%0.0%₹12.81 Cr28.2%
Sundaram Emerging Small Cap - Series VII Direct Growth

Low Risk

1.0%0.0%₹159.75 Cr11.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth

Very High Risk

1.2%0.0%₹82.11 Cr41.3%
Sundaram Emerging Small Cap - Series V Direct Growth

Low Risk

0.8%0.0%₹83.88 Cr7.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Very High Risk

1.4%-₹36.03 Cr42.5%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.4%0.0%₹24.38 Cr42.7%
Sundaram Long Term Tax Advantage Fund - Series VI Direct Growth

Very High Risk

1.1%0.0%--
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.2%0.0%₹38.63 Cr41.5%
Sundaram Fixed Term Plan Series IM Direct Growth

Moderate Risk

-0.0%--
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth

Very High Risk

1.2%0.0%₹40.75 Cr42.3%
Sundaram Multi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2497.79 Cr42.5%
Sundaram Dividend Yield Fund Direct Growth

Very High Risk

0.9%1.0%₹860.94 Cr45.1%
Sundaram Aggressive Hybrid Fund Direct Growth

High Risk

0.8%1.0%₹4579.47 Cr27.4%
Sundaram Liquid Fund Direct Growth

Moderate Risk

0.1%0.0%₹5148.85 Cr7.3%
Sundaram Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹514.99 Cr7.3%
Sundaram Equity Savings Fund Direct Growth

Moderate Risk

0.6%0.0%₹815.59 Cr21.1%
Sundaram Focused Fund Direct Growth

Very High Risk

1.1%0.0%₹1056.10 Cr34.1%
Sundaram Nifty 100 Equal Weight Fund Direct Growth

Very High Risk

0.6%0.0%₹76.32 Cr48.7%
Sundaram Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹187.10 Cr7.0%
Sundaram Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2078.82 Cr7.5%
Sundaram Tax Savings Fund Direct Growth

Very High Risk

1.7%0.0%₹1286.67 Cr34.4%
Sundaram Balanced Advantage Fund Direct Growth

High Risk

0.6%1.0%₹1528.77 Cr20.9%
Sundaram Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3430.76 Cr28.7%
Sundaram Services Fund Direct Growth

Very High Risk

0.6%1.0%₹3386.30 Cr30.5%
Sundaram Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2121.43 Cr30.1%
Sundaram Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹113.90 Cr7.3%
Sundaram Medium Term Bond Fund Direct Growth

Moderate Risk

1.3%1.0%₹43.59 Cr5.4%
Sundaram Infrastructure Advantage Fund Direct Growth

Very High Risk

1.7%1.0%₹941.85 Cr63.7%
Sundaram Financial Services Opportunities Direct Growth

Very High Risk

0.8%1.0%₹1258.41 Cr34.1%
Sundaram Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹345.78 Cr6.8%
Sundaram large and Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹6387.67 Cr39.6%
Sundaram Global Brand Fund Direct Growth

Very High Risk

1.3%1.0%₹114.85 Cr22.2%
Sundaram Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹759.68 Cr6.7%
Sundaram Debt Oriented Hybrid Fund Direct Growth

Moderate Risk

1.2%0.0%₹30.27 Cr10.3%
Sundaram Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹3145.73 Cr48.9%
Sundaram Diversified Equity Direct Growth

Very High Risk

1.6%0.0%₹1602.76 Cr27.4%
Sundaram Consumption Fund Direct Growth

Very High Risk

1.3%1.0%₹1397.95 Cr35.3%
Sundaram Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹10732.06 Cr57.3%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹772.43 Cr6.8%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹105.78 Cr7.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Sundaram Tax Savings Fund Direct Growth, as of 17-May-2024, is ₹488.40.
The fund has generated 34.41% over the last 1 year and 20.00% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 95.13% in equities, 0.00% in bonds, and 4.86% in cash and cash equivalents.
The fund managers responsible for Sundaram Tax Savings Fund Direct Growth are:-
  1. Sudhir Kedia
  2. Rohit Seksaria