Sundaram Long Term Tax Advantage Fund Series II Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹13 Cr
Expense Ratio
1.17%
ISIN
INF903J011W9
Minimum SIP
-
Exit Load
No Charges
Inception Date
21 Mar 2016
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹34.34, Assets Under Management (AUM) of 12.78 Crores, and an expense ratio of 1.17%.
- Sundaram Long Term Tax Advantage Fund Series II Direct Growth has given a CAGR return of 15.29% since inception.
- The fund's asset allocation comprises around 96.46% in equities, 0.00% in debts, and 3.54% in cash & cash equivalents.
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
+20.67%
— (Cat Avg.)
3 Years
+12.21%
— (Cat Avg.)
5 Years
+17.62%
— (Cat Avg.)
Since Inception
+15.29%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹12.33 Cr | 96.46% |
| Others | ₹0.45 Cr | 3.54% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1.21 Cr | 9.44% |
| HDFC Bank Ltd | Equity | ₹1.2 Cr | 9.43% |
| State Bank of India | Equity | ₹0.96 Cr | 7.53% |
| Infosys Ltd | Equity | ₹0.95 Cr | 7.46% |
| Reliance Industries Ltd | Equity | ₹0.93 Cr | 7.27% |
| Bharti Airtel Ltd | Equity | ₹0.69 Cr | 5.42% |
| Larsen & Toubro Ltd | Equity | ₹0.64 Cr | 5.02% |
| UltraTech Cement Ltd | Equity | ₹0.47 Cr | 3.67% |
| Treps | Cash - Repurchase Agreement | ₹0.43 Cr | 3.40% |
| Axis Bank Ltd | Equity | ₹0.42 Cr | 3.28% |
| Tata Motors Ltd | Equity | ₹0.41 Cr | 3.19% |
| ITC Ltd | Equity | ₹0.36 Cr | 2.79% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.35 Cr | 2.72% |
| Jindal Steel & Power Ltd | Equity | ₹0.33 Cr | 2.58% |
| Titan Co Ltd | Equity | ₹0.29 Cr | 2.30% |
| HCL Technologies Ltd | Equity | ₹0.27 Cr | 2.15% |
| Coromandel International Ltd | Equity | ₹0.27 Cr | 2.14% |
| Tata Consultancy Services Ltd | Equity | ₹0.24 Cr | 1.92% |
| Bank of Baroda | Equity | ₹0.24 Cr | 1.86% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.23 Cr | 1.82% |
| Schaeffler India Ltd | Equity | ₹0.2 Cr | 1.58% |
| Hindalco Industries Ltd | Equity | ₹0.19 Cr | 1.51% |
| SBI Life Insurance Co Ltd | Equity | ₹0.19 Cr | 1.48% |
| Cipla Ltd | Equity | ₹0.18 Cr | 1.38% |
| Navin Fluorine International Ltd | Equity | ₹0.18 Cr | 1.37% |
| Tata Consumer Products Ltd | Equity | ₹0.16 Cr | 1.26% |
| Birla Corp Ltd | Equity | ₹0.14 Cr | 1.09% |
| Hindustan Unilever Ltd | Equity | ₹0.13 Cr | 1.02% |
| Container Corporation of India Ltd | Equity | ₹0.13 Cr | 0.99% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.13 Cr | 0.99% |
| IndusInd Bank Ltd | Equity | ₹0.1 Cr | 0.82% |
| Wipro Ltd | Equity | ₹0.09 Cr | 0.67% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.04 Cr | 0.31% |
| Cash And Other Net Current Assets | Cash | ₹0.02 Cr | 0.14% |
Allocation By Market Cap (Equity)
Large Cap Stocks
86.57%
Mid Cap Stocks
7.43%
Small Cap Stocks
2.46%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4.45 Cr | 34.83% |
| Basic Materials | ₹1.58 Cr | 12.35% |
| Technology | ₹1.56 Cr | 12.20% |
| Energy | ₹1.51 Cr | 11.81% |
| Consumer Cyclical | ₹0.9 Cr | 7.07% |
| Industrials | ₹0.77 Cr | 6.01% |
| Communication Services | ₹0.73 Cr | 5.73% |
| Consumer Defensive | ₹0.65 Cr | 5.07% |
| Healthcare | ₹0.18 Cr | 1.38% |
Risk & Performance Ratios
Standard Deviation
This fund
12.65%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.62
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Sudhir Kedia
Since January 2022
Rohit Seksaria
Since January 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF903J011W9 | Expense Ratio 1.17% | Exit Load No Charges | Fund Size ₹13 Cr | Age 8 years 8 months | Lumpsum Minimum ₹500 | Fund Status Unlisted Closed End Investment Company | Benchmark BSE 500 TRI |
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:
Dividend Taxation:
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  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Sundaram Mutual Fund
Total AUM
₹68,313 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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- Sudhir Kedia
- Rohit Seksaria
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