Equity
Direct
Elss (Tax Savings)
NAV as on 04-09-2024
₹ 234.05
▲0.2%
1D
Inception Returns
14.5%
/yr
Sundaram Diversified Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Kedia, Rohit Seksaria. The fund could potentially beat inflation in the long-run.
Sundaram Diversified Equity Fund Direct Growth has given a CAGR return of 14.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.64%, 15.55% and 19.92% respectively.
Sundaram Diversified Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Defensive, Consumer Cyclical, Energy, Basic Materials, Health, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 250.00. There is a lock in period for Sundaram Diversified Equity Fund Direct Growth of 3 Years
Expense ratio | 1.6% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹1678 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 15.06% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Industrial & Consumer Defensive
Sundaram Diversified Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.51% | 2.51% |
6 Month Returns | 14.83% | 14.83% |
1 Year Returns | 29.64% | 29.64% |
3 Years Returns | 54.27% | 15.55% |
5 Years Returns | 147.96% | 19.92% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Diversified Equity Fund Direct Growth | -6.03 | -1.08 | -2.45 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 0.91 | 0.87 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 1.93 | 0.85 | 0.78 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Diversified Equity Fund Direct Growth | 10.56 | 11.72 | 18.92 |