Sundaram Asset Management Company is one of the renowned AMCs in India and a subsidiary of Sundaram Finance Limited (SFL). Since its establishment in 1996, it has managed assets worth Rs.41,613 crore.
This fund house offers more than 55 schemes under its portfolio, including the best Sundaram equity mutual funds. Among these schemes, approximately 25 are direct, and the rest are regular plans.
An equity mutual fund primarily invests in stocks. The fund managers spread this investment across sectors and companies with different market capitalisations to generate high returns. However, as these funds depend on market conditions, they are prone to substantial risks.
Furthermore, there are several types of equity funds. Based on investment style, they are categorised into active and passive funds. In active funds, portfolio managers choose the stocks to invest in. Passive funds generally track a market index to determine the list of stocks to be included in their portfolio. A fund manager plays no active role in this type of equity MF.
Other than this, equity funds are classified based on tax treatment into Equity Linked Savings Schemes (ELSS) and Non-taxing Saving Equity Funds. In addition to this, there is categorisation concerning market capitalisation like large-cap, mid-cap, small-cap, and multi-cap funds.
One of the biggest advantages of equity mutual funds is that they offer the most substantial returns than other mutual funds. Additionally, these funds provide diversification as your investment is spread across different sectors. Some other benefits of these funds include flexibility and liquidity.
However, the advantages and disadvantages of these mutual funds vary depending on the type of scheme you choose for. The best Sundaram equity mutual funds 2023 houses roughly 13 schemes classified based on the underlying companies’ market cap, investment style, tax treatment, etc.
Before investing in the best Sundaram equity MFs, it’s necessary to be familiar with their taxability:
Long-term Capital Gains Tax: When you sell units of your equity mutual fund after a holding period of 12 months or more, gains on it will attract an LTCG tax. The tax levied is around 10% without indexation benefit. However, if the amount is below Rs.1 lakh, your gains will be tax-exempted.
Short-term Capital Gains Tax: In case you redeem the units of the best Sundaram equity mutual funds within a year of investment, you are liable to pay an STCGT on the capital gains. Irrespective of your income tax bracket, you will need to pay tax at the rate of 15%.
TDS: Investors need to incur a 10% TDS on dividends above Rs.5000.
On ELSS: One can claim tax exemption on investments up to Rs.1.5 lakh in an ELSS scheme. It’s available under Section 80C.
One should keep a tab on some factors vital to shortlist the best Sundaram equity mutual fund.
Risk appetite: Market fluctuations affect equity mutual funds that make them a high-risk instrument. Therefore, it is crucial to assess your risk-intake capacity before going for this type of fund.
Investment intent: It may be helpful to evaluate the objectives of different schemes. That way, one can shortlist schemes based on whether they are compatible with their intent of investment.
Holding analysis: Holding analysis gives an insight into where your resources are invested. This enables you to estimate the ROI and account for losses before and during the period of investment.
Fund performance: The track record of a scheme shows how it performed under various market trends. This is vital to consider before investing in the best Sundaram equity mutual funds. However, it is important to note that a fund’s past performance is not an indicator of the probable returns.
Fund manager’s experience: An experienced fund manager will know where to allocate your resources to generate expected returns. Therefore, reviewing a fund manager’s expertise before investing in a scheme can be beneficial as it directly affects your gains.
Expense ratio: Equity mutual funds charge a certain amount for their administration and management as an expense ratio. They will deduct this fee from the returns.
Exit load: Investors may need to pay a certain exit load if they wish to liquidate their holdings before a specific period. However, not all schemes levy this charge on exiting partially or fully. Therefore, proper research and consideration are crucial regarding this if you plan to invest in the best Sundaram equity mutual funds.
Choosing an appropriate scheme to invest in can be challenging, especially for a beginner. However, considering the above-mentioned points and some basic details on equity mutual funds can streamline the procedure.
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| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Sundaram Consumption Fund | Equity | Very High | 26.8% | 2 | ₹1,723 |
Sundaram Aggressive Hybrid Fund | Hybrid | High | 23.6% | 3 | ₹5,506 |
Sundaram Small Cap Fund | Equity | Very High | 28.8% | 2 | ₹3,581 |
Sundaram Mid Cap Fund | Equity | Very High | 40.4% | 3 | ₹13,129 |
Sundaram Select Focus Fund | Equity | Very High | 25.7% | 5 | ₹1,353 |
Sundaram Large and Mid Cap Fund | Equity | Very High | 29.7% | 2 | ₹7,257 |
Sundaram Liquid Fund | Debt | Moderate | 7.5% | 3 | ₹5,369 |
Sundaram Tax Savings Fund | Equity | Very High | 13.1% | 3 | ₹1,061 |
Sundaram ELSS Tax Saver Fund | Equity | Very High | 23.3% | 2 | ₹1,433 |
Sundaram Multi Cap Fund | Equity | Very High | 27.6% | 2 | ₹2,914 |
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Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: The Sundaram Consumption Fund has given 20.09% annualized returns in the past three years and 19.66% in the last 5 years. The Sundaram Consumption Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Consumption Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹1,723Cr |
| 1Y Returns | 26.8% |
Fund Performance: The Sundaram Aggressive Hybrid Fund has given 13.81% annualized returns in the past three years and 16.94% in the last 5 years. The Sundaram Aggressive Hybrid Fund comes under the Hybrid category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Aggressive Hybrid Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹5,506Cr |
| 1Y Returns | 23.6% |
Fund Performance: The Sundaram Small Cap Fund has given 22.49% annualized returns in the past three years and 31.93% in the last 5 years. The Sundaram Small Cap Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Small Cap Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹3,581Cr |
| 1Y Returns | 28.8% |
Fund Performance: The Sundaram Mid Cap Fund has given 26.42% annualized returns in the past three years and 26.91% in the last 5 years. The Sundaram Mid Cap Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Mid Cap Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹13,129Cr |
| 1Y Returns | 40.4% |
Fund Performance: The Sundaram Select Focus Fund has given 18.04% annualized returns in the past three years and 18.5% in the last 5 years. The Sundaram Select Focus Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Select Focus Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹1,353Cr |
| 1Y Returns | 25.7% |
Fund Performance: The Sundaram Large and Mid Cap Fund has given 16.89% annualized returns in the past three years and 22.35% in the last 5 years. The Sundaram Large and Mid Cap Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Large and Mid Cap Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹7,257Cr |
| 1Y Returns | 29.7% |
Fund Performance: The Sundaram Liquid Fund has given 6.43% annualized returns in the past three years and 5.39% in the last 5 years. The Sundaram Liquid Fund comes under the Debt category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Liquid Fund via lump sum is ₹1,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹5,369Cr |
| 1Y Returns | 7.5% |
Fund Performance: The Sundaram Tax Savings Fund has given 21.01% annualized returns in the past three years and 14.9% in the last 5 years. The Sundaram Tax Savings Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Tax Savings Fund via lump sum is ₹500 and via SIP is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹1,061Cr |
| 1Y Returns | 13.1% |
Fund Performance: The Sundaram ELSS Tax Saver Fund has given 15.48% annualized returns in the past three years and 20.37% in the last 5 years. The Sundaram ELSS Tax Saver Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram ELSS Tax Saver Fund via lump sum is ₹500 and via SIP is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹1,433Cr |
| 1Y Returns | 23.3% |
Fund Performance: The Sundaram Multi Cap Fund has given 17.6% annualized returns in the past three years and 22.25% in the last 5 years. The Sundaram Multi Cap Fund comes under the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Multi Cap Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹2,914Cr |
| 1Y Returns | 27.6% |
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