Sundaram ELSS Tax Saver Fund Direct

Equity
ELSS
Very High Risk
3Y Lock In
15.66%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Dec 2024₹539.66
Min. SIP amount₹500
Rating2
Fund size₹1,433.75Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns23.5%15.7%20.7%15.4%
Category average28.3%17.5%20.9%NA
Rank with in category312924NA
Understand terms

Peer Comparison

Holdings (68)

NameSectorInstrumentAssets
FinancialEquity7.68%
FinancialEquity7.05%
EnergyEquity4.28%
TechnologyEquity3.98%
ConstructionEquity3.08%
HealthcareEquity2.74%
FinancialEquity2.69%
FinancialEquity2.67%
CommunicationPPE2.53%
AutomobileEquity2.27%
ConstructionEquity2.21%
Consumer StaplesEquity2.09%
ServicesEquity1.89%
TechnologyEquity1.80%
TechnologyEquity1.76%
ServicesEquity1.76%
FinancialEquity1.68%
FinancialEquity1.63%
HealthcareEquity1.56%
Consumer DiscretionaryEquity1.46%
ServicesEquity1.35%
FinancialEquity1.34%
FinancialEquity1.34%
HealthcareEquity1.32%
ServicesEquity1.30%
Consumer StaplesEquity1.27%
CommunicationEquity1.25%
ServicesEquity1.21%
Consumer StaplesEquity1.21%
FinancialEquity1.17%
AutomobileEquity1.17%
Capital GoodsEquity1.15%
AutomobileEquity1.15%
CommunicationEquity1.14%
FinancialEquity1.11%
ServicesEquity1.11%
FinancialEquity1.09%
HealthcareEquity1.07%
FinancialEquity1.06%
HealthcareEquity1.05%
ServicesEquity1.05%
HealthcareEquity1.03%
EnergyEquity0.99%
Consumer DiscretionaryEquity0.97%
Consumer StaplesEquity0.94%
Consumer StaplesEquity0.89%
Consumer StaplesEquity0.85%
Capital GoodsEquity0.85%
ChemicalsEquity0.84%
Capital GoodsEquity0.79%
EnergyEquity0.79%
ConstructionEquity0.76%
Capital GoodsEquity0.65%
Capital GoodsEquity0.65%
EnergyEquity0.61%
Capital GoodsEquity0.58%
InsuranceEquity0.54%
AutomobileEquity0.51%
EnergyEquity0.51%
ServicesEquity0.48%
Capital GoodsEquity0.46%
AutomobileEquity0.46%
EnergyEquity0.32%
ConstructionEquity0.29%
ConstructionEquity0.28%
ChemicalsEquity0.17%
Chennai Super Kings Ltd.
ServicesEquity0.05%
Virtual Dynamics Software Ltd.
TechnologyEquity0.00%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher expense ratio: 1.67%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.67%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sudhir Kedia
Oct 2019 - Present
View details

Education
Mr. Kedia is CA, CMA and MBA.
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Mirae Asset Mutual Fund and ASK investment.
Also manages these schemes

Rohit Seksaria
Jan 2022 - Present
View details

Education
Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad
Experience
Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Sundaram Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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