Sundaram Tax Savings Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (25-Jul-24)
₹523.910.09%1D
Returns (Since Inception)
16.95%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,355 Cr
Expense Ratio
1.65%
ISIN
INF173K01HZ7
Minimum SIP
₹500
Exit Load
No Charges
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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹523.91, Assets Under Management (AUM) of 1355.38 Crores, and an expense ratio of 1.65%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹523.91, Assets Under Management (AUM) of 1355.38 Crores, and an expense ratio of 1.65%.
- Sundaram Tax Savings Fund Direct Growth has given a CAGR return of 16.95% since inception.
- The fund's asset allocation comprises around 96.33% in equities, 0.00% in debts, and 3.67% 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
+30.70%
+37.41% (Cat Avg.)
3 Years
+19.24%
+19.51% (Cat Avg.)
5 Years
+20.66%
+21.13% (Cat Avg.)
10 Years
+15.57%
+15.42% (Cat Avg.)
Since Inception
+16.95%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹1,305.69 Cr | 96.33% |
| Others | ₹49.69 Cr | 3.67% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹102.05 Cr | 7.53% |
| Reliance Industries Ltd | Equity | ₹85.78 Cr | 6.33% |
| ICICI Bank Ltd | Equity | ₹79.29 Cr | 5.85% |
| Infosys Ltd | Equity | ₹49.04 Cr | 3.62% |
| Treps | Cash - Repurchase Agreement | ₹48.74 Cr | 3.60% |
| Axis Bank Ltd | Equity | ₹39.35 Cr | 2.90% |
| State Bank of India | Equity | ₹37.69 Cr | 2.78% |
| Force Motors Ltd | Equity | ₹34.97 Cr | 2.58% |
| Larsen & Toubro Ltd | Equity | ₹34.07 Cr | 2.51% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹30.42 Cr | 2.24% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹29.51 Cr | 2.18% |
| Avenue Supermarts Ltd | Equity | ₹29.24 Cr | 2.16% |
| Tata Motors Ltd | Equity | ₹28.5 Cr | 2.10% |
| InterGlobe Aviation Ltd | Equity | ₹26.64 Cr | 1.97% |
| Tech Mahindra Ltd | Equity | ₹25.03 Cr | 1.85% |
| Bank of Baroda | Equity | ₹24.95 Cr | 1.84% |
| Tata Consultancy Services Ltd | Equity | ₹23.94 Cr | 1.77% |
| Bajaj Finance Ltd | Equity | ₹22.77 Cr | 1.68% |
| UltraTech Cement Ltd | Equity | ₹22.17 Cr | 1.64% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹20.21 Cr | 1.49% |
| ABB India Ltd | Equity | ₹19.53 Cr | 1.44% |
| ICRA Ltd | Equity | ₹19.25 Cr | 1.42% |
| Blue Star Ltd | Equity | ₹18.27 Cr | 1.35% |
| Hindustan Unilever Ltd | Equity | ₹18.05 Cr | 1.33% |
| Maruti Suzuki India Ltd | Equity | ₹18.05 Cr | 1.33% |
| Jubilant Foodworks Ltd | Equity | ₹17.86 Cr | 1.32% |
| United Breweries Ltd | Equity | ₹16.88 Cr | 1.25% |
| BEML Ltd | Equity | ₹15.53 Cr | 1.15% |
| Bharti Airtel Ltd | Equity | ₹15.16 Cr | 1.12% |
| Cipla Ltd | Equity | ₹15.1 Cr | 1.11% |
| Kotak Mahindra Bank Ltd | Equity | ₹14.96 Cr | 1.10% |
| Info Edge (India) Ltd | Equity | ₹14.93 Cr | 1.10% |
| Kirloskar Oil Engines Ltd | Equity | ₹13.93 Cr | 1.03% |
| Bharti Hexacom Ltd | Equity | ₹13.85 Cr | 1.02% |
| Titan Co Ltd | Equity | ₹13.62 Cr | 1.00% |
| Multi Commodity Exchange of India Ltd | Equity | ₹13.34 Cr | 0.98% |
| The Federal Bank Ltd | Equity | ₹12.8 Cr | 0.94% |
| Aurobindo Pharma Ltd | Equity | ₹12.56 Cr | 0.93% |
| Coforge Ltd | Equity | ₹12.17 Cr | 0.90% |
| Tata Steel Ltd | Equity | ₹12.01 Cr | 0.89% |
| Dr Reddy's Laboratories Ltd | Equity | ₹11.52 Cr | 0.85% |
| Pidilite Industries Ltd | Equity | ₹11.37 Cr | 0.84% |
| Mankind Pharma Ltd | Equity | ₹11.37 Cr | 0.84% |
| Max Financial Services Ltd | Equity | ₹11.37 Cr | 0.84% |
| Canara Bank | Equity | ₹10.33 Cr | 0.76% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹10.3 Cr | 0.76% |
| Tata Consumer Products Ltd | Equity | ₹10.1 Cr | 0.74% |
| Cummins India Ltd | Equity | ₹9.92 Cr | 0.73% |
| Bata India Ltd | Equity | ₹9.84 Cr | 0.73% |
| Ipca Laboratories Ltd | Equity | ₹9.02 Cr | 0.67% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹9 Cr | 0.66% |
| Zomato Ltd | Equity | ₹8.82 Cr | 0.65% |
| IndusInd Bank Ltd | Equity | ₹8.79 Cr | 0.65% |
| Polycab India Ltd | Equity | ₹8.09 Cr | 0.60% |
| Britannia Industries Ltd | Equity | ₹7.67 Cr | 0.57% |
| Nestle India Ltd | Equity | ₹7.65 Cr | 0.56% |
| CE Info Systems Ltd | Equity | ₹7.59 Cr | 0.56% |
| Asian Paints Ltd | Equity | ₹7.58 Cr | 0.56% |
| Clean Science and Technology Ltd | Equity | ₹7.15 Cr | 0.53% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹6.95 Cr | 0.51% |
| ITC Ltd | Equity | ₹6.76 Cr | 0.50% |
| Oberoi Realty Ltd | Equity | ₹6.71 Cr | 0.50% |
| United Spirits Ltd | Equity | ₹6.64 Cr | 0.49% |
| Zydus Wellness Ltd | Equity | ₹6.25 Cr | 0.46% |
| Suven Pharmaceuticals Ltd | Equity | ₹6.11 Cr | 0.45% |
| Hindustan Petroleum Corp Ltd | Equity | ₹5.98 Cr | 0.44% |
| Schaeffler India Ltd | Equity | ₹5.69 Cr | 0.42% |
| Can Fin Homes Ltd | Equity | ₹5.58 Cr | 0.41% |
| Sapphire Foods India Ltd | Equity | ₹4.07 Cr | 0.30% |
| Union Bank of India | Equity | ₹3.98 Cr | 0.29% |
| Dalmia Bharat Ltd | Equity | ₹3.82 Cr | 0.28% |
| Alkem Laboratories Ltd | Equity | ₹3.49 Cr | 0.26% |
| Navin Fluorine International Ltd | Equity | ₹2.5 Cr | 0.18% |
| Cash And Other Net Current Assets | Cash | ₹0.95 Cr | 0.07% |
| Chennai Super Kings Ltd. | Equity | ₹0.16 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
72.96%
Mid Cap Stocks
10.56%
Small Cap Stocks
12.79%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹426.73 Cr | 31.48% |
| Industrials | ₹163.23 Cr | 12.04% |
| Consumer Cyclical | ₹141.42 Cr | 10.43% |
| Technology | ₹126.78 Cr | 9.35% |
| Consumer Defensive | ₹109.24 Cr | 8.06% |
| Healthcare | ₹99.6 Cr | 7.35% |
| Energy | ₹91.76 Cr | 6.77% |
| Communication Services | ₹73.45 Cr | 5.42% |
| Basic Materials | ₹66.61 Cr | 4.91% |
| Real Estate | ₹6.71 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
11.98%
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
1.09
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.80
Higher the better
Fund Managers
Sudhir Kedia
Since October 2019
Rohit Seksaria
Since January 2022
Additional Scheme Detailsas of 30th June 2024
ISIN | INF173K01HZ7 | Expense Ratio | 1.65% | Exit Load | No Charges | Fund Size | ₹1,355 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Total AUM
₹61,835 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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What is the current NAV of Sundaram Tax Savings Fund Direct Growth?
The NAV of Sundaram Tax Savings Fund Direct Growth, as of 25-Jul-2024, is ₹523.91.
What are the returns of Sundaram Tax Savings Fund Direct Growth?
The fund has generated 30.70% over the last 1 year and 19.24% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Sundaram Tax Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 96.33% in equities, 0.00% in bonds, and 3.67% in cash and cash equivalents.
Who manages the Sundaram Tax Savings Fund Direct Growth?
The fund managers responsible for Sundaram Tax Savings Fund Direct Growth are:-
- Sudhir Kedia
- Rohit Seksaria
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
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.