Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)

Equity · ELSS
500
Min SIP
500
Min Lumpsum
1.65 %
Expense Ratio
Rating
1,186
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 33.2% 19.1% 18.4% 13.4%
Category Average 39.8% 19.6% 19% -

Scheme Allocation

By Holding
By Sector
By Asset
7.47%
5.73%
4.38%
2.8%
Others
73.04%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 7.47%
Reliance Industr Refineries Equity 6.59%
ICICI Bank Banks Equity 5.73%
Infosys IT - Software Equity 4.38%
Axis Bank Banks Equity 2.8%
Sun Pharma.Inds. Pharmaceuticals Equity 2.78%
St Bk of India Banks Equity 2.4%
Tata Motors Automobile Equity 2.15%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.02%
Avenue Super. Retail Equity 1.98%
Force Motors Automobile Equity 1.97%
TCS IT - Software Equity 1.97%
Tech Mahindra IT - Software Equity 1.97%
Bank of Baroda Banks Equity 1.89%
UltraTech Cem. Cement Equity 1.88%
Bajaj Finance Finance Equity 1.85%
Bharti Airtel PP Telecomm-Service Equity 1.84%
Interglobe Aviat Air Transport Service Equity 1.57%
ICRA Credit Rating Agencies Equity 1.53%
Hind. Unilever FMCG Equity 1.53%
Cholaman.Inv.&Fn Finance Equity 1.42%
Jubilant Food. Quick Service Restaurant Equity 1.39%
United Breweries Alcoholic Beverages Equity 1.39%
Maruti Suzuki Automobile Equity 1.37%
Kotak Mah. Bank Banks Equity 1.28%
Titan Company Diamond, Gems and Jewellery Equity 1.25%
Multi Comm. Exc. Miscellaneous Equity 1.21%
Coforge IT - Software Equity 1.17%
Cipla Pharmaceuticals Equity 1.16%
BEML Ltd Aerospace & Defence Equity 1.12%
Blue Star Consumer Durables Equity 1.07%
Federal Bank Banks Equity 0.95%
Pidilite Inds. Chemicals Equity 0.94%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.93%
Dr Reddy's Labs Pharmaceuticals Equity 0.93%
Ashok Leyland Automobile Equity 0.92%
LTIMindtree IT - Software Equity 0.92%
A B B Capital Goods - Electrical Equipment Equity 0.91%
Mankind Pharma Pharmaceuticals Equity 0.9%
Max Financial Finance Equity 0.88%
Asian Paints Paints/Varnish Equity 0.87%
Tata Consumer Plantation & Plantation Products Equity 0.87%
Bata India Leather Equity 0.82%
Tata Steel Steel Equity 0.79%
Canara Bank Banks Equity 0.79%
IndusInd Bank Banks Equity 0.78%
Ipca Labs. Pharmaceuticals Equity 0.75%
Can Fin Homes Finance Equity 0.72%
Aurobindo Pharma Pharmaceuticals Equity 0.68%
Nestle India FMCG Equity 0.63%
Clean Science Chemicals Equity 0.63%
Britannia Inds. FMCG Equity 0.61%
Sterling & Wils. Engineering Equity 0.6%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 0.6%
ITC Tobacco Products Equity 0.59%
Jio Financial Finance Equity 0.57%
C.E. Info System IT - Software Equity 0.55%
Alkem Lab Pharmaceuticals Equity 0.51%
United Spirits Alcoholic Beverages Equity 0.48%
Zydus Wellness FMCG Equity 0.48%
Polycab India Cables Equity 0.44%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.44%
Suven Pharma Pharmaceuticals Equity 0.43%
Oberoi Realty Realty Equity 0.42%
Dalmia BharatLtd Cement Equity 0.4%
Sapphire Foods Quick Service Restaurant Equity 0.32%
Schaeffler India Bearings Equity 0.32%
Zee Entertainmen Entertainment Equity 0.29%
Navin Fluo.Intl. Chemicals Equity 0.2%
Subros Auto Ancillaries Equity 0.18%
FSN E-Commerce E-Commerce/App based Aggregator Equity 0.13%
BEML Land Assets Construction Equity 0.1%
Chennai Super - Equity 0.01%
Virtual Dynamics IT - Software Equity 0%
Banks
24.07%
IT-Software
10.96%
Pharmaceuticals & Biotech
8.14%
Petroleum Products
6.59%
Automobiles
5.49%
Others
44.76%
View all Sectors
Sectors Asset
Banks 24.07%
IT-Software 10.96%
Pharmaceuticals & Biotech 8.14%
Petroleum Products 6.59%
Automobiles 5.49%
Debt 4.84%
Finance 4.66%
Consumer Durables 4.01%
Retailing 3.48%
Capital Markets 2.74%
Construction 2.63%
Cement & Cement Products 2.29%
Diversified FMCG 2.12%
Agricultural, Commercial 2.04%
Beverages 1.86%
Telecom-Services 1.84%
Chemicals & Petrochemical 1.77%
Food Products 1.72%
Leisure Services 1.72%
Transport Services 1.57%
Industrial Products 1.04%
Electrical Equipments 0.91%
Insurance 0.88%
Agricultural Food & other 0.87%
Ferrous Metals 0.79%
Auto Components 0.5%
Realty 0.42%
Entertainment 0.29%
Cash & Others -0.22%
Equity
95.38%
Reverse Repos
4.84%
Net Curr Ass/Net Receivables
-0.22%
Others
0%

Advance Ratio

0.32
Alpha
3.64
SD
0.89
Beta
1.01
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The objective of the scheme is to build a high quality growth oriented portfolio to provide long-term capital gains to the investors. The scheme aims at providing returns through capital appreciation over the life of the scheme.

Fund Managers

Sudhir Kedia

Sudhir Kedia has over 16 years of fund management and stock research experience. Before joining Sundaram, he worked at Principal India Mutual Fund, Mirae Asset Global Investments, and ASK Investment Managers. He has a solid educational background.

He holds the designations of Chartered Accountant, Cost and Works Accountant, and MBA.

Sudhir currently manages the Sundaram Multi Cap Fund, the Sundaram Diversified Equity Fund, the Sundaram Tax Savings Fund, the Sundaram Equity Savings Fund, the Sundaram Small Cap Fund, the Sundaram Micro Cap Series XIV – XVII, the Sundaram Emerging Small Cap Series I – VII, the Sundaram Long Term Tax Advantage Series I – IV, and the Sundaram Long Term Micro Cap.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Sundaram Mutual Fund
AUM:
49,195 Cr
Address:
Sundaram Towers, 2nd Floor, 46 White Road, Royapettah, Chennai 600 014
Contact:
044-2858 3362/3367
Email ID:
dhirent@sundarammutual.com

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Frequently Asked Questions

How to invest in Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) ?

You can invest in Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) ?

The NAV of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) is ₹464.4 as of 23 February 2024.

How to redeem Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)?

The minimum SIP amount of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) is ₹500

What are the top sectors Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) has invested in?

The top sectors Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) has invested in are
  1. Banks - 24.07%
  2. IT-Software - 10.96%
  3. Pharmaceuticals & Biotech - 8.14%
  4. Petroleum Products - 6.59%
  5. Automobiles - 5.49%

Can I make investments in both the SIP and Lump Sum schemes of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)?

Yes, You can select both SIP or Lumpsum investment of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) based on your investment objective and risk tolerance.

How much returns have Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) generated ?

The Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) has delivered 13.4% since inception

What is the expense ratio of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) ?

The expense ratio of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) is 1.65 % as of 23 February 2024.

What is the AUM of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)?

The AUM of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) is ₹49,195 Cr as of 23 February 2024

What are the top stock holdings of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)?

The top stock holdings of Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) are
  1. HDFC Bank - 7.47%
  2. Reliance Industr - 6.59%
  3. ICICI Bank - 5.73%
  4. Infosys - 4.38%
  5. Axis Bank - 2.8%

How can I redeem my investments in Sundaram ELSS Tax Saver Fund – Direct (IDCW-H)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Sundaram ELSS Tax Saver Fund – Direct (IDCW-H) in Scheme, enter the redemption amount, and click on submit button.
Invest Now