Sundaram Diversified Equity Fund Growth - Latest NAV, Returns, Performance & Portfolio

Sundaram Diversified Equity Fund Growth

  • highlight
    6.84%
  • highlight
    (--0.09)103.3733

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years10.23%
5 Years6.84%
3 Years5.75%
1 Year10.65%
6 Months12.55%
Fund Details
ISININF903J01538
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV103.3733
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd5.95%
ICICI Bank Ltd5.75%
Reliance Industries Ltd5.07%
Housing Development Finance Corp Ltd4.39%
Larsen & Toubro Ltd4.18%
Axis Bank Ltd4.07%
Bajaj Finance Ltd3.28%
SBI Life Insurance Co Ltd2.92%
Varun Beverages Ltd2.67%
Siemens Ltd2.56%

About Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund is an open-ended Equity Linked Savings Scheme (ELSS) which invests primarily in equity and equity-related instruments across industry sizes and sectors. The fund has a mandatory lock in period of 3 years. It is suitable for investors who are looking for wealth maximisation over the long term investment horizon. The scheme does not guarantee assured returns due to presence of market risks.

Pros & Cons of Sundaram Diversified Equity Fund

Sundaram Diversified Equity fund offers the following benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it had outperformed the benchmark by wide margin in 5 year time horizons. However, the fund has lost returns higher than the category in 3 month and 1 year horizon.

Fund Information and Statistics of Sundaram Diversified Equity Fund

i) Inception / Launch date

Sundaram Diversified Equity fund was launched on 2 November 1999 by Sundaram Mutual Fund.

ii) Risk level

Being a multi-cap fund, Sundaram Diversified Equity fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. S. Krishnakumar, who holds a rich experience in fund management, has been managing the Sundaram Diversified Equity fund since April 2015.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Sundaram Diversified Equity fund.

Tax benefits of investing in Sundaram Diversified Equity Fund

Sundaram Diversified Equity fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About Sundaram Mutual Fund

Sundaram Mutual Fund provides a wide range of mutual funds in equity, debt and hybrid space to serve investors across risk and liquidity profile. The fund manager is well supported by a strong research team to build a portfolio of winning stocks. With respect to fixed income funds, the focus is to maintain credit quality of the portfolio.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns