Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 06-01-2025
₹ 32.33
1D
Inception Returns
20.1%
/yr
About Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth is an equity fund. This fund was started on 5 July, 2018. The fund is managed by Rohit Seksaria, Sudhir Kedia. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Long Term Tax Advantage Fund Series IV Direct Growth has ₹23 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth has given a CAGR return of 20.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.76%, 21.48% and 28.76% respectively.
Holdings
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Communication, Tech, Real Estate. Its top holdings are Safari Industries (India) Ltd, Multi Commodity Exchange of India Ltd, Aster DM Healthcare Ltd Ordinary Shares, Affle India Ltd, Sapphire Foods India Ltd
Taxation
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.
Investment objective of Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap and from income tax benefit available. For the purpose investment by the scheme ‘micro cap’ stock is defined as one whose market cap is equal to or lower than the 301stStock by market cap (after sorting the securities in the descending order of market capitalization) on the National Stock exchange of India limited, mumbai, at the time of investment. however, there is no guarantee or assurance that the investment objective of the scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for Sundaram Long Term Tax Advantage Fund Series IV Direct Growth of 3 Years
Historical NAV & Returns
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Overview
| Expense ratio | 1.18% |
Benchmark | BSE 500 TRI |
| AUM | ₹23 Cr |
| Inception Date | 5 July, 2018 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 9.88% |
| STCG | Selling mutual fund 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 |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.74% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.14% in Nov'24
- AUM of the fund stands at 23 Cr as of Nov'24
- AUM decreased by 0.2 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Aster DM Healthcare Ltd | 7.6% |
 Greenpanel Industries Ltd | 3.1% |
 Rategain Travel Technologies Ltd | 0.1% |
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹23 Cr
Expense Ratio 1.18%
Frequently Asked Questions for Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.97% | -1.97% |
6 Month Returns | -0.68% | -0.68% |
1 Year Returns | 12.76% | 12.76% |
3 Years Returns | 79.28% | 21.48% |
5 Years Returns | 253.86% | 28.76% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth | -0.27 | 7.1 | 9.38 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth | 0.81 | 0.87 | 1.05 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth | 0.42 | 0.96 | 1 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth | 14.07 | 15.1 | 23.44 |