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Sundaram Tax Savings Fund

Equity
ELSS
Very High Risk
3Y Lock In
12.32%
3Y annualised
+0.94% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 May 2022₹300.97
Min. SIP amountNA
Rating3
Fund size₹919.63Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.1%12.3%9.5%17.9%
Category average54.9%14.2%14.3%NA
Rank with in category61318NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.2%
Infosys Ltd.TechnologyEquity7.1%
HDFC Bank Ltd.FinancialEquity5.3%
Polycab India Ltd.Capital GoodsEquity4.4%
State Bank of IndiaFinancialEquity4.2%
Reliance Industries Ltd.EnergyEquity3.9%
Axis Bank Ltd.FinancialEquity3.3%
Tata Consultancy Services Ltd.TechnologyEquity3.3%
Ashok Leyland Ltd.AutomobileEquity3.0%
Maruti Suzuki India Ltd.AutomobileEquity2.5%
See All

Expense ratio, exit load and tax

Expense ratio: 2.38%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

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, 2nd Floor,46, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
Website
NA
Amc Image
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,

Compare funds

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FAQs

How to Invest in Sundaram Tax Savings Fund?

You can easily invest in Sundaram Tax Savings Fund in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Sundaram Tax Savings Fund from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Sundaram Tax Savings Fund as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Sundaram Tax Savings Fund provide?

The Sundaram Tax Savings Fund has been there from 31 Mar 1996 and the average annual returns provided by this fund is 8.09% since its inception.

How much expense ratio is charged by Sundaram Tax Savings Fund?

The term Expense Ratio used for Sundaram Tax Savings Fund or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Sundaram Tax Savings Fund is 2.38% as of 27 May 2022...

What is the AUM of Sundaram Tax Savings Fund?

The AUM, short for Assets Under Management of Sundaram Tax Savings Fund is ₹919.63Cr as of 27 May 2022.

How to Redeem Sundaram Tax Savings Fund?

If you want to sell your Sundaram Tax Savings Fund holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Sundaram Tax Savings Fund?

You can select either SIP or Lumpsum investment of Sundaram Tax Savings Fund based on your investment objective and risk tolerance.

What is the NAV of Sundaram Tax Savings Fund?

The NAV of Sundaram Tax Savings Fund is ₹300.97 as of 26 May 2022.

What is the PE and PB ratio of Sundaram Tax Savings Fund?

The PE ratio ratio of Sundaram Tax Savings Fund is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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