Sundaram Tax Savings Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,359 Cr
Expense Ratio
1.71%
ISIN
INF173K01HZ7
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹535.86, Assets Under Management (AUM) of 1359.13 Crores, and an expense ratio of 1.71%.
- Sundaram Tax Savings Fund Direct Growth has given a CAGR return of 15.85% since inception.
- The fund's asset allocation comprises around 95.48% in equities, 0.00% in debts, and 4.52% 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
+4.46%
+3.80% (Cat Avg.)
3 Years
+20.95%
+22.68% (Cat Avg.)
5 Years
+23.64%
+24.09% (Cat Avg.)
10 Years
+14.45%
+14.51% (Cat Avg.)
Since Inception
+15.85%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,297.71 Cr | 95.48% |
| Others | ₹61.41 Cr | 4.52% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹125.25 Cr | 9.22% |
| ICICI Bank Ltd | Equity | ₹106.56 Cr | 7.84% |
| Treps | Cash - Repurchase Agreement | ₹62.12 Cr | 4.57% |
| Reliance Industries Ltd | Equity | ₹61.67 Cr | 4.54% |
| Larsen & Toubro Ltd | Equity | ₹46.31 Cr | 3.41% |
| Axis Bank Ltd | Equity | ₹43.63 Cr | 3.21% |
| State Bank of India | Equity | ₹43.21 Cr | 3.18% |
| Infosys Ltd | Equity | ₹43.13 Cr | 3.17% |
| ITC Ltd | Equity | ₹39.76 Cr | 2.93% |
| Force Motors Ltd | Equity | ₹30.36 Cr | 2.23% |
| UltraTech Cement Ltd | Equity | ₹30.27 Cr | 2.23% |
| Hindustan Unilever Ltd | Equity | ₹29.35 Cr | 2.16% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹27.05 Cr | 1.99% |
| Maruti Suzuki India Ltd | Equity | ₹24.64 Cr | 1.81% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹22.48 Cr | 1.65% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.58 Cr | 1.59% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹21.29 Cr | 1.57% |
| Tata Consultancy Services Ltd | Equity | ₹21.24 Cr | 1.56% |
| Aurobindo Pharma Ltd | Equity | ₹19.86 Cr | 1.46% |
| IndusInd Bank Ltd | Equity | ₹19.69 Cr | 1.45% |
| ICRA Ltd | Equity | ₹19.55 Cr | 1.44% |
| Ambuja Cements Ltd | Equity | ₹16.77 Cr | 1.23% |
| Bharti Airtel Ltd | Equity | ₹16.71 Cr | 1.23% |
| Metropolis Healthcare Ltd | Equity | ₹16.46 Cr | 1.21% |
| Bata India Ltd | Equity | ₹16.18 Cr | 1.19% |
| InterGlobe Aviation Ltd | Equity | ₹15.16 Cr | 1.12% |
| UPL Ltd | Equity | ₹15.13 Cr | 1.11% |
| The Federal Bank Ltd | Equity | ₹14.59 Cr | 1.07% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹14.45 Cr | 1.06% |
| Delhivery Ltd | Equity | ₹14.25 Cr | 1.05% |
| PI Industries Ltd | Equity | ₹14.15 Cr | 1.04% |
| Bajaj Finance Ltd | Equity | ₹13.77 Cr | 1.01% |
| GAIL (India) Ltd | Equity | ₹13.76 Cr | 1.01% |
| Cipla Ltd | Equity | ₹13.63 Cr | 1.00% |
| Tata Motors Ltd | Equity | ₹13.6 Cr | 1.00% |
| GE Vernova T&D India Ltd | Equity | ₹13.45 Cr | 0.99% |
| United Spirits Ltd | Equity | ₹13.38 Cr | 0.98% |
| Tata Consumer Products Ltd | Equity | ₹13.33 Cr | 0.98% |
| Eternal Ltd | Equity | ₹13.08 Cr | 0.96% |
| Info Edge (India) Ltd | Equity | ₹12.85 Cr | 0.95% |
| Praj Industries Ltd | Equity | ₹12.53 Cr | 0.92% |
| Jubilant Foodworks Ltd | Equity | ₹12.32 Cr | 0.91% |
| Tech Mahindra Ltd | Equity | ₹11.65 Cr | 0.86% |
| Pidilite Industries Ltd | Equity | ₹11.19 Cr | 0.82% |
| Swiggy Ltd | Equity | ₹11.11 Cr | 0.82% |
| Mahindra & Mahindra Ltd | Equity | ₹11.01 Cr | 0.81% |
| NTPC Ltd | Equity | ₹10.92 Cr | 0.80% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹10.69 Cr | 0.79% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹10.35 Cr | 0.76% |
| Kajaria Ceramics Ltd | Equity | ₹10.26 Cr | 0.75% |
| Blue Star Ltd | Equity | ₹10.02 Cr | 0.74% |
| Oil India Ltd | Equity | ₹9.6 Cr | 0.71% |
| Apollo Tyres Ltd | Equity | ₹9.08 Cr | 0.67% |
| Kirloskar Oil Engines Ltd | Equity | ₹9.05 Cr | 0.67% |
| Supreme Industries Ltd | Equity | ₹8.29 Cr | 0.61% |
| Max Financial Services Ltd | Equity | ₹8.26 Cr | 0.61% |
| Schaeffler India Ltd | Equity | ₹7.54 Cr | 0.55% |
| Hindustan Petroleum Corp Ltd | Equity | ₹7.4 Cr | 0.54% |
| Affle 3i Ltd | Equity | ₹7.29 Cr | 0.54% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹6.73 Cr | 0.50% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹6.56 Cr | 0.48% |
| Neuland Laboratories Ltd | Equity | ₹6.41 Cr | 0.47% |
| Hyundai Motor India Ltd | Equity | ₹6.27 Cr | 0.46% |
| Dalmia Bharat Ltd | Equity | ₹4.25 Cr | 0.31% |
| APL Apollo Tubes Ltd | Equity | ₹3.77 Cr | 0.28% |
| Mankind Pharma Ltd | Equity | ₹3.01 Cr | 0.22% |
| Cash And Other Net Current Assets | Cash - Collateral | ₹-0.7 Cr | 0.05% |
| Chennai Super Kings Ltd. | Equity | ₹0.58 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
69.84%
Mid Cap Stocks
13.67%
Small Cap Stocks
11.93%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹443.94 Cr | 32.66% |
| Industrials | ₹156.39 Cr | 11.51% |
| Consumer Cyclical | ₹155.19 Cr | 11.42% |
| Healthcare | ₹96.31 Cr | 7.09% |
| Consumer Defensive | ₹95.82 Cr | 7.05% |
| Basic Materials | ₹95.52 Cr | 7.03% |
| Technology | ₹86.71 Cr | 6.38% |
| Energy | ₹78.67 Cr | 5.79% |
| Communication Services | ₹63.9 Cr | 4.70% |
| Utilities | ₹24.68 Cr | 1.82% |
Risk & Performance Ratios
Standard Deviation
This fund
12.90%
Cat. avg.
14.22%
Lower the better
Sharpe Ratio
This fund
0.83
Cat. avg.
0.86
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.44
Higher the better
Fund Managers
Rohit Seksaria
Since January 2022
Bharath Subramanian
Since June 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF173K01HZ7 | Expense Ratio | 1.71% | Exit Load | No Charges | Fund Size | ₹1,359 Cr | Age | 12 years 5 months | 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
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  |
|---|---|---|---|---|
| Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk | 2.3% | 0.0% | ₹55.57 Cr | - |
| Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹55.57 Cr | - |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹202.42 Cr | 3.9% |
| Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.0% |
| Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.2% |
| SBI Long Term Advantage Fund Series II Regular Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.4% |
| SBI Long Term Advantage Fund Series II Direct Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.8% |
| Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.4% |
| Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.1% |
| Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk | 1.4% | 0.0% | ₹30.17 Cr | 1.5% |
About the AMC
Total AUM
₹66,806 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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- Rohit Seksaria
- Bharath Subramanian
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