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Sundaram Tax Savings Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹505.22-0.58%1D
Returns (Since Inception)
16.10%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,351 Cr
Expense Ratio
1.66%
ISIN
INF173K01HZ7
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Sundaram Tax Savings Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹505.22, Assets Under Management (AUM) of 1351.36 Crores, and an expense ratio of 1.66%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹505.22, Assets Under Management (AUM) of 1351.36 Crores, and an expense ratio of 1.66%.
- Sundaram Tax Savings Fund Direct Growth has given a CAGR return of 16.10% since inception.
- The fund's asset allocation comprises around 97.99% in equities, 0.00% in debts, and 2.01% in cash & cash equivalents.
- You can start investing in Sundaram Tax Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+21.44%
+27.83% (Cat Avg.)
3 Years
+12.72%
+14.94% (Cat Avg.)
5 Years
+18.98%
+19.25% (Cat Avg.)
10 Years
+13.69%
+13.87% (Cat Avg.)
Since Inception
+16.10%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,324.26 Cr | 97.99% |
| Others | ₹27.1 Cr | 2.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹103.79 Cr | 7.68% |
| ICICI Bank Ltd | Equity | ₹95.24 Cr | 7.05% |
| Reliance Industries Ltd | Equity | ₹57.81 Cr | 4.28% |
| Infosys Ltd | Equity | ₹53.77 Cr | 3.98% |
| Larsen & Toubro Ltd | Equity | ₹41.66 Cr | 3.08% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹36.98 Cr | 2.74% |
| State Bank of India | Equity | ₹36.42 Cr | 2.69% |
| Axis Bank Ltd | Equity | ₹36.06 Cr | 2.67% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹34.15 Cr | 2.53% |
| Force Motors Ltd | Equity | ₹30.67 Cr | 2.27% |
| UltraTech Cement Ltd | Equity | ₹29.88 Cr | 2.21% |
| Treps | Cash - Repurchase Agreement | ₹29.13 Cr | 2.16% |
| ITC Ltd | Equity | ₹28.3 Cr | 2.09% |
| InterGlobe Aviation Ltd | Equity | ₹25.53 Cr | 1.89% |
| Tata Consultancy Services Ltd | Equity | ₹24.34 Cr | 1.80% |
| Tech Mahindra Ltd | Equity | ₹23.81 Cr | 1.76% |
| ICRA Ltd | Equity | ₹23.75 Cr | 1.76% |
| Bank of Baroda | Equity | ₹22.74 Cr | 1.68% |
| Bajaj Finance Ltd | Equity | ₹22.05 Cr | 1.63% |
| Aurobindo Pharma Ltd | Equity | ₹21.09 Cr | 1.56% |
| Blue Star Ltd | Equity | ₹19.79 Cr | 1.46% |
| Jubilant Foodworks Ltd | Equity | ₹18.26 Cr | 1.35% |
| PNB Housing Finance Ltd | Equity | ₹18.17 Cr | 1.34% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹18.07 Cr | 1.34% |
| Laurus Labs Ltd | Equity | ₹17.86 Cr | 1.32% |
| Multi Commodity Exchange of India Ltd | Equity | ₹17.59 Cr | 1.30% |
| Hindustan Unilever Ltd | Equity | ₹17.19 Cr | 1.27% |
| Bharti Airtel Ltd | Equity | ₹16.93 Cr | 1.25% |
| Info Edge (India) Ltd | Equity | ₹16.37 Cr | 1.21% |
| United Breweries Ltd | Equity | ₹16.33 Cr | 1.21% |
| IndusInd Bank Ltd | Equity | ₹15.83 Cr | 1.17% |
| Tata Motors Ltd | Equity | ₹15.76 Cr | 1.17% |
| ABB India Ltd | Equity | ₹15.6 Cr | 1.15% |
| Maruti Suzuki India Ltd | Equity | ₹15.51 Cr | 1.15% |
| Bharti Hexacom Ltd | Equity | ₹15.37 Cr | 1.14% |
| Max Financial Services Ltd | Equity | ₹15.01 Cr | 1.11% |
| Zomato Ltd | Equity | ₹14.99 Cr | 1.11% |
| The Federal Bank Ltd | Equity | ₹14.72 Cr | 1.09% |
| Cipla Ltd | Equity | ₹14.43 Cr | 1.07% |
| Kotak Mahindra Bank Ltd | Equity | ₹14.37 Cr | 1.06% |
| Mankind Pharma Ltd | Equity | ₹14.25 Cr | 1.05% |
| Delhivery Ltd | Equity | ₹14.17 Cr | 1.05% |
| Metropolis Healthcare Ltd | Equity | ₹13.95 Cr | 1.03% |
| NTPC Ltd | Equity | ₹13.35 Cr | 0.99% |
| Titan Co Ltd | Equity | ₹13.07 Cr | 0.97% |
| United Spirits Ltd | Equity | ₹12.75 Cr | 0.94% |
| Tata Consumer Products Ltd | Equity | ₹12.08 Cr | 0.89% |
| Bata India Ltd | Equity | ₹11.52 Cr | 0.85% |
| Kirloskar Oil Engines Ltd | Equity | ₹11.47 Cr | 0.85% |
| Pidilite Industries Ltd | Equity | ₹11.33 Cr | 0.84% |
| GE Vernova T&D India Ltd | Equity | ₹10.72 Cr | 0.79% |
| Oil India Ltd | Equity | ₹10.61 Cr | 0.79% |
| Kajaria Ceramics Ltd | Equity | ₹10.33 Cr | 0.76% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹8.83 Cr | 0.65% |
| Cummins India Ltd | Equity | ₹8.75 Cr | 0.65% |
| GAIL (India) Ltd | Equity | ₹8.28 Cr | 0.61% |
| Polycab India Ltd | Equity | ₹7.78 Cr | 0.58% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹7.34 Cr | 0.54% |
| Apollo Tyres Ltd | Equity | ₹6.87 Cr | 0.51% |
| Hindustan Petroleum Corp Ltd | Equity | ₹6.86 Cr | 0.51% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹6.47 Cr | 0.48% |
| Schaeffler India Ltd | Equity | ₹6.18 Cr | 0.46% |
| Hyundai Motor India Ltd | Equity | ₹6.18 Cr | 0.46% |
| Waaree Energies Ltd | Equity | ₹4.37 Cr | 0.32% |
| Dalmia Bharat Ltd | Equity | ₹3.86 Cr | 0.29% |
| Oberoi Realty Ltd | Equity | ₹3.74 Cr | 0.28% |
| Navin Fluorine International Ltd | Equity | ₹2.33 Cr | 0.17% |
| Cash And Other Net Current Assets | Cash | ₹-2.04 Cr | 0.15% |
| Chennai Super Kings Ltd. | Equity | ₹0.66 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
68.94%
Mid Cap Stocks
15.77%
Small Cap Stocks
12.46%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹461.16 Cr | 34.13% |
| Industrials | ₹181.09 Cr | 13.40% |
| Consumer Cyclical | ₹139.01 Cr | 10.29% |
| Healthcare | ₹118.55 Cr | 8.77% |
| Technology | ₹106.28 Cr | 7.87% |
| Consumer Defensive | ₹86.66 Cr | 6.41% |
| Communication Services | ₹82.82 Cr | 6.13% |
| Energy | ₹75.28 Cr | 5.57% |
| Basic Materials | ₹47.4 Cr | 3.51% |
| Utilities | ₹21.63 Cr | 1.60% |
| Real Estate | ₹3.74 Cr | 0.28% |
Risk & Performance Ratios
Standard Deviation
This fund
12.38%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.70
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Sudhir Kedia
Since October 2019
Rohit Seksaria
Since January 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF173K01HZ7 | Expense Ratio 1.66% | Exit Load No Charges | Fund Size ₹1,351 Cr | Age 11 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
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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What is the current NAV of Sundaram Tax Savings Fund Direct Growth?
The NAV of Sundaram Tax Savings Fund Direct Growth, as of 21-Nov-2024, is ₹505.22.
What are the returns of Sundaram Tax Savings Fund Direct Growth?
The fund has generated 21.44% over the last 1 year and 12.72% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Sundaram Tax Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 97.99% in equities, 0.00% in bonds, and 2.01% in cash and cash equivalents.
Who manages the Sundaram Tax Savings Fund Direct Growth?
The fund managers responsible for Sundaram Tax Savings Fund Direct Growth are:-
- Sudhir Kedia
- Rohit Seksaria
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.