Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)


ELSS
  • NAV 508.28 (0.08%)
  • Fund Size (Cr) ₹1351.36
  • Expense Ratio 1.64
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 13.42%

Basic Details

Scheme Manager
Sudhir Kedia
Bench Mark
Nifty 500 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 06-Nov-24
  • 9585.05
  • -4.15%
  • -
  • -4.87%
  • 53/225
  • 1 Month
  • 11-Oct-24
  • 9410.96
  • -5.89%
  • -
  • -6.83%
  • 72/225
  • 3 Month
  • 13-Aug-24
  • 9770.70
  • -2.29%
  • -
  • -2.20%
  • 119/225
  • 6 Month
  • 13-May-24
  • 10610.81
  • 6.11%
  • -
  • 9.29%
  • 190/225
  • 1 Year
  • 13-Nov-23
  • 12420.98
  • 24.21%
  • 24.21%
  • 29.19%
  • 165/225
  • 3 Year
  • 12-Nov-21
  • 14128.07
  • 41.28%
  • 12.21%
  • 14.87%
  • 164/215
  • 5 Year
  • 13-Nov-19
  • 24142.03
  • 141.42%
  • 19.28%
  • 21.12%
  • 131/215
  • Since Inception
  • 12-Sep-17
  • 24680.53
  • 146.81%
  • 13.42%
  • 16.67%
  • 196/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Dec-23
  • 120000
  • 124480.64
  • 3.73%
  • 3.73%
  • 3 Year
  • 01-Dec-21
  • 360000
  • 466143.41
  • 29.48%
  • 8.99%
  • 5 Year
  • 02-Dec-19
  • 600000
  • 987153.62
  • 64.53%
  • 10.47%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    3.38%
  • Beta
    0.87%
  • Sharpe Ratio
    0.87%
  • Treynor’s Ratio
    0.13%
  • Jension’s Alpha
    0.64%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 7.68%
  • 598000
  • 103.79
  • Equity
  • Banks
  • ICICI Bank
  • 7.05%
  • 737000
  • 95.24
  • Equity
  • Banks
  • Reliance Industr
  • 4.28%
  • 434000
  • 57.81
  • Equity
  • Refineries
  • Infosys
  • 3.98%
  • 306000
  • 53.77
  • Equity
  • IT - Software
  • Larsen & Toubro
  • 3.08%
  • 115000
  • 41.66
  • Equity
  • Infrastructure Developers & Operators
  • Sun Pharma.Inds.
  • 2.74%
  • 200000
  • 36.98
  • Equity
  • Pharmaceuticals
  • St Bk of India
  • 2.69%
  • 444000
  • 36.42
  • Equity
  • Banks
  • Axis Bank
  • 2.67%
  • 311000
  • 36.06
  • Equity
  • Banks
  • Bharti Airtel PP
  • 2.53%
  • 283000
  • 34.15
  • Equity
  • Telecomm-Service
  • Force Motors
  • 2.27%
  • 39000
  • 30.67
  • Equity
  • Automobile

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)
  • Stars
  • 1351.36
  • -5.89%
  • -2.29%
  • 6.11%
  • 24.21%
  • 12.21%
  • SBI Long Term Advantage Fund - Series V -Dir (G)
  • Stars
  • 368.67
  • -3.54%
  • 4.13%
  • 23.09%
  • 50.67%
  • 17.75%
  • SBI Long Term Advantage Fund-Series V -Dir (IDCW)
  • Stars
  • 368.67
  • -3.54%
  • 4.13%
  • 23.09%
  • 50.67%
  • 17.75%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
  • Stars
  • 4073.72
  • -10.08%
  • 0.08%
  • 17.14%
  • 48.13%
  • 22.47%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (G)
  • Stars
  • 4073.72
  • -10.08%
  • 0.08%
  • 17.14%
  • 48.13%
  • 22.47%
  • SBI Long Term Equity Fund - Direct (G)
  • Stars
  • 27559.31
  • -5.58%
  • -2.81%
  • 10.47%
  • 42.82%
  • 22.05%

News

  • Sundaram MF announces Income Distribution cum capital withdrawal (IDCW) under two schemes Sundaram Mutual Fund has announced 14 November 2024 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    Sundaram Aggressive Hybrid Fund - Regular Plan-Monthly-IDCW Option: 0.250

    Sundaram Aggressive Hybrid Fund - Direct Plan-Monthly-IDCW Option: 0.350

    Sundaram Balanced Advantage Fund - Regular Plan-Monthly-IDCW Option: 0.115

    Sundaram Balanced Advantage Fund - Direct Plan-Monthly-IDCW Option: 0.140

    Powered by Capital Market - Live News

  • Sundaram Mutual Fund announces change in Exit Load Structure Sundaram Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    Sundaram Equity Savings Fund NIL 0.5% if redeemed within 7 days

    Powered by Capital Market - Live News

  • Sundaram Mutual Fund announces change in Key Personnel Sundaram Mutual Fund has announced that Mr. Ashwin Jain has been appointed as a Fund Manager on the Board of Sundaram Management Company Ltd. effective October 21, 2024.

    Details of Mr. Ashwin Jain

    Age: 43 years

    Designation: Fund Manager

    Qualification: B.E. PGDM

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 11-Sep-2017
  • Total AUM (Cr) ₹1351.36

Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is an ELSS-oriented fund from the renowned AMC, Sundaram Mutual Fund. Launched in Sep 2017, this fund is managed by Sudhir Kedia. With assets under management (AUM) worth ₹1351.36 (Cr), as of 14-Nov-2024, Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is categorized as a ELSS within its segment. The fund has generated a return of 13.42% since its launch.
The current NAV of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is ₹508.28, as on 14-Nov-2024. The fund’s benchmark index is Nifty 500 TRI. You can invest in Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 12.21% and 19.28% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.99% in Equity, 2.16% in Debt and -0.15% in cash and cash equivalents
The top 5 sectors the fund invests in are: 23.21% in Banks, 7.87% in Pharmaceuticals & Biotech, 7.46% in IT-Software, 5.48% in Petroleum Products and 4.93% in Telecom-Services.

FAQs on Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)

Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is a popular fund in the ELSS segment. The fund has generated a return of 13.42% since inception. Looking to invest in Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) today and reap the benefits of this ELSS fund!

In the short term, i.e., 1 year, Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) has generated annualised return of 24.21%. In the long-term, the fund has generated 12.21% and 19.28% in 3 and 5 years respectively. Since its inception, the fund has generated 13.42% returns.

The expense ratio of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) Direct Growth is 1.64%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is ₹1351.36 (Cr) as of 14 November 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Sundaram ELSS Tax Saver Fund - Direct (IDCW-H):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Sundaram ELSS Tax Saver Fund - Direct (IDCW-H)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Sundaram ELSS Tax Saver Fund - Direct (IDCW-H). Minimum lumpsum investment Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is ₹500 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) is ₹508.28 as on 14 November 2024.

The 5 biggest stock holdings of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) are:
HDFC Bank (7.68%), ICICI Bank (7.05%), Reliance Industr (4.28%), Infosys (3.98%), Larsen & Toubro (3.08%)

A majority of Sundaram ELSS Tax Saver Fund - Direct (IDCW-H) 's AUM worth ₹1351.36 (Cr) is invested in these 3 top sectors:

  • Banks: 23.21%
  • Pharmaceuticals & Biotech: 7.87%
  • IT-Software: 7.46%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    10 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,203 Crore+
    Average Daily Turnover