Sundaram Tax Savings Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,395 Cr
Expense Ratio
2.20%
ISIN
INF173K01361
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
31 Mar 1996
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹504.28, Assets Under Management (AUM) of 1394.65 Crores, and an expense ratio of 2.2%.
- Sundaram Tax Savings Fund Regular Growth has given a CAGR return of 16.45% since inception.
- The fund's asset allocation comprises around 96.87% in equities, 0.00% in debts, and 3.13% in cash & cash equivalents.
- You can start investing in Sundaram Tax Savings Fund Regular 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
+29.96%
+39.82% (Cat Avg.)
3 Years
+16.61%
+18.95% (Cat Avg.)
5 Years
+21.50%
+23.15% (Cat Avg.)
10 Years
+14.50%
+15.31% (Cat Avg.)
Since Inception
+16.45%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,351 Cr | 96.87% |
| Others | ₹43.64 Cr | 3.13% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹97.93 Cr | 7.02% |
| ICICI Bank Ltd | Equity | ₹80.3 Cr | 5.76% |
| Reliance Industries Ltd | Equity | ₹78.28 Cr | 5.61% |
| Infosys Ltd | Equity | ₹58.48 Cr | 4.19% |
| Treps | Cash - Repurchase Agreement | ₹45.93 Cr | 3.29% |
| State Bank of India | Equity | ₹38.73 Cr | 2.78% |
| Larsen & Toubro Ltd | Equity | ₹36.63 Cr | 2.63% |
| Axis Bank Ltd | Equity | ₹36.27 Cr | 2.60% |
| Force Motors Ltd | Equity | ₹36.05 Cr | 2.59% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹34.39 Cr | 2.47% |
| Tata Motors Ltd | Equity | ₹33.31 Cr | 2.39% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹30.7 Cr | 2.20% |
| InterGlobe Aviation Ltd | Equity | ₹28.17 Cr | 2.02% |
| Tech Mahindra Ltd | Equity | ₹27.2 Cr | 1.95% |
| Tata Consultancy Services Ltd | Equity | ₹26.89 Cr | 1.93% |
| Bank of Baroda | Equity | ₹22.98 Cr | 1.65% |
| UltraTech Cement Ltd | Equity | ₹22.59 Cr | 1.62% |
| Bajaj Finance Ltd | Equity | ₹21.78 Cr | 1.56% |
| Avenue Supermarts Ltd | Equity | ₹20.24 Cr | 1.45% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹20.12 Cr | 1.44% |
| Hindustan Unilever Ltd | Equity | ₹19.75 Cr | 1.42% |
| Maruti Suzuki India Ltd | Equity | ₹19.67 Cr | 1.41% |
| Blue Star Ltd | Equity | ₹19.26 Cr | 1.38% |
| Jubilant Foodworks Ltd | Equity | ₹18.98 Cr | 1.36% |
| ICRA Ltd | Equity | ₹18.53 Cr | 1.33% |
| ABB India Ltd | Equity | ₹18.16 Cr | 1.30% |
| United Breweries Ltd | Equity | ₹17.13 Cr | 1.23% |
| Cipla Ltd | Equity | ₹15.75 Cr | 1.13% |
| Bharti Airtel Ltd | Equity | ₹15.66 Cr | 1.12% |
| Info Edge (India) Ltd | Equity | ₹15.46 Cr | 1.11% |
| PNB Housing Finance Ltd | Equity | ₹15.14 Cr | 1.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹15.01 Cr | 1.08% |
| Aurobindo Pharma Ltd | Equity | ₹14.92 Cr | 1.07% |
| The Federal Bank Ltd | Equity | ₹14.54 Cr | 1.04% |
| Bharti Hexacom Ltd | Equity | ₹14.1 Cr | 1.01% |
| Coforge Ltd | Equity | ₹14.06 Cr | 1.01% |
| Titan Co Ltd | Equity | ₹13.84 Cr | 0.99% |
| BEML Ltd | Equity | ₹13.24 Cr | 0.95% |
| Max Financial Services Ltd | Equity | ₹13.01 Cr | 0.93% |
| Oil India Ltd | Equity | ₹12.99 Cr | 0.93% |
| Kirloskar Oil Engines Ltd | Equity | ₹12.34 Cr | 0.88% |
| Dr Reddy's Laboratories Ltd | Equity | ₹12.15 Cr | 0.87% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.58 Cr | 0.83% |
| Pidilite Industries Ltd | Equity | ₹11.47 Cr | 0.82% |
| Tata Steel Ltd | Equity | ₹11.41 Cr | 0.82% |
| Tata Consumer Products Ltd | Equity | ₹10.94 Cr | 0.78% |
| Mankind Pharma Ltd | Equity | ₹10.83 Cr | 0.78% |
| Ipca Laboratories Ltd | Equity | ₹10.45 Cr | 0.75% |
| Bata India Ltd | Equity | ₹10.38 Cr | 0.74% |
| Zomato Ltd | Equity | ₹10.09 Cr | 0.72% |
| GAIL (India) Ltd | Equity | ₹9.98 Cr | 0.72% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹9.95 Cr | 0.71% |
| Cummins India Ltd | Equity | ₹9.63 Cr | 0.69% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹8.68 Cr | 0.62% |
| IndusInd Bank Ltd | Equity | ₹8.57 Cr | 0.61% |
| Polycab India Ltd | Equity | ₹8.23 Cr | 0.59% |
| Clean Science and Technology Ltd | Equity | ₹8.11 Cr | 0.58% |
| Britannia Industries Ltd | Equity | ₹8.1 Cr | 0.58% |
| ITC Ltd | Equity | ₹7.88 Cr | 0.56% |
| CE Info Systems Ltd | Equity | ₹7.85 Cr | 0.56% |
| Schaeffler India Ltd | Equity | ₹7.68 Cr | 0.55% |
| Suven Pharmaceuticals Ltd | Equity | ₹7.57 Cr | 0.54% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹7.38 Cr | 0.53% |
| United Spirits Ltd | Equity | ₹7.35 Cr | 0.53% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹7.29 Cr | 0.52% |
| Canara Bank | Equity | ₹7.15 Cr | 0.51% |
| Oberoi Realty Ltd | Equity | ₹7.08 Cr | 0.51% |
| Hindustan Petroleum Corp Ltd | Equity | ₹7.06 Cr | 0.51% |
| Zydus Wellness Ltd | Equity | ₹6.95 Cr | 0.50% |
| Kajaria Ceramics Ltd | Equity | ₹5.49 Cr | 0.39% |
| Sapphire Foods India Ltd | Equity | ₹4.29 Cr | 0.31% |
| Dalmia Bharat Ltd | Equity | ₹3.9 Cr | 0.28% |
| Navin Fluorine International Ltd | Equity | ₹2.66 Cr | 0.19% |
| Cash And Other Net Current Assets | Cash | ₹-2.28 Cr | 0.16% |
| Chennai Super Kings Ltd. | Equity | ₹0.16 Cr | 0.01% |
| Tata Consumer Prod | Equity | ₹0.13 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
70.38%
Mid Cap Stocks
11.97%
Small Cap Stocks
13.49%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹428.91 Cr | 30.75% |
| Industrials | ₹168.49 Cr | 12.08% |
| Consumer Cyclical | ₹154.3 Cr | 11.06% |
| Technology | ₹143.16 Cr | 10.27% |
| Healthcare | ₹106.06 Cr | 7.60% |
| Energy | ₹98.34 Cr | 7.05% |
| Consumer Defensive | ₹98.33 Cr | 7.05% |
| Communication Services | ₹75.92 Cr | 5.44% |
| Basic Materials | ₹60.13 Cr | 4.31% |
| Utilities | ₹9.98 Cr | 0.72% |
| Real Estate | ₹7.08 Cr | 0.51% |
Risk & Performance Ratios
Standard Deviation
This fund
11.80%
Cat. avg.
12.72%
Lower the better
Sharpe Ratio
This fund
0.97
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
Sudhir Kedia
Since October 2019
Rohit Seksaria
Since January 2022
Additional Scheme Detailsas of 31st July 2024
ISIN | INF173K01361 | Expense Ratio | 2.20% | Exit Load | No Charges | Fund Size | ₹1,395 Cr | Age | 31 Mar 1996 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹4722.04 Cr | 37.4% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4722.04 Cr | 35.8% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38278.40 Cr | 35.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4016.58 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹56.80 Cr | 39.5% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.80 Cr | 37.3% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹385.94 Cr | 55.9% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹385.94 Cr | 53.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1677.93 Cr | 25.8% |
About the AMC
Total AUM
₹65,883 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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