How to Invest in Sundaram ELSS Tax Saver Fund Direct?

You can easily invest in Sundaram ELSS Tax Saver Fund Direct in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Sundaram ELSS Tax Saver Fund Direct from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Sundaram ELSS Tax Saver Fund Direct as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Sundaram ELSS Tax Saver Fund Direct provide?

The Sundaram ELSS Tax Saver Fund Direct has been there from 02 Jan 2013 and the average annual returns provided by this fund is 14.39% since its inception.

How much expense ratio is charged by Sundaram ELSS Tax Saver Fund Direct?

The term Expense Ratio used for Sundaram ELSS Tax Saver Fund Direct or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Sundaram ELSS Tax Saver Fund Direct is 1.67% as of 04 Dec 2023...

What is the AUM of Sundaram ELSS Tax Saver Fund Direct?

The AUM, short for Assets Under Management of Sundaram ELSS Tax Saver Fund Direct is ₹1,061.51Cr as of 04 Dec 2023.

How to Redeem Sundaram ELSS Tax Saver Fund Direct?

If you want to sell your Sundaram ELSS Tax Saver Fund Direct holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Sundaram ELSS Tax Saver Fund Direct?

You can select either SIP or Lumpsum investment of Sundaram ELSS Tax Saver Fund Direct based on your investment objective and risk tolerance.

What is the NAV of Sundaram ELSS Tax Saver Fund Direct?

The NAV of Sundaram ELSS Tax Saver Fund Direct is ₹425.57 as of 01 Dec 2023.

What is the PE and PB ratio of Sundaram ELSS Tax Saver Fund Direct?

The PE ratio ratio of Sundaram ELSS Tax Saver Fund Direct is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Sundaram ELSS Tax Saver Fund Direct - NAV, Mutual Fund Performance & Portfolio

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Sundaram ELSS Tax Saver Fund Direct
Equity
ELSS
Very High Risk
3Y Lock In
20.70%
3Y annualised
+0.46% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹425.57
Min. SIP amount₹500
Rating3
Fund size₹1,061.51Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.4%20.7%15.3%14.4%
Category average16.9%19.9%15.6%NA
Rank with in category281822NA
Understand terms
Holdings (66)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity8.4%
Reliance Industries Ltd.
EnergyEquity5.9%
ICICI Bank Ltd.
FinancialEquity5.7%
Infosys Ltd.
TechnologyEquity4.3%
State Bank of India
FinancialEquity3.2%
Axis Bank Ltd.
FinancialEquity2.9%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity2.4%
Bajaj Finance Ltd.
FinancialEquity2.3%
Polycab India Ltd.
Capital GoodsEquity2.1%
Tata Consultancy Services Ltd.
TechnologyEquity2.0%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
3Y annualised returns higher than category average by 0.75%
1Y, 5Y and 10Y annualised returns lower than category average
Higher alpha: 1.86
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y 
Lock-in period: 3Y
Exit load is zero
Higher expense ratio: 1.67%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
27 Nov 2023 - Present
1.67%
26 Nov 2023 - 27 Nov 2023
1.67%
25 Nov 2023 - 26 Nov 2023
1.67%
24 Nov 2023 - 25 Nov 2023
1.67%
23 Nov 2023 - 24 Nov 2023
1.67%
22 Nov 2023 - 23 Nov 2023
1.67%
21 Nov 2023 - 22 Nov 2023
1.67%
20 Nov 2023 - 21 Nov 2023
1.67%
19 Nov 2023 - 20 Nov 2023
1.67%
18 Nov 2023 - 19 Nov 2023
1.67%
17 Nov 2023 - 18 Nov 2023
1.67%
16 Nov 2023 - 17 Nov 2023
1.67%
15 Nov 2023 - 16 Nov 2023
1.67%
14 Nov 2023 - 15 Nov 2023
1.68%
13 Nov 2023 - 14 Nov 2023
1.68%
12 Nov 2023 - 13 Nov 2023
1.68%
11 Nov 2023 - 12 Nov 2023
1.68%
10 Nov 2023 - 11 Nov 2023
1.68%
09 Nov 2023 - 10 Nov 2023
1.68%
08 Nov 2023 - 09 Nov 2023
1.68%
07 Nov 2023 - 08 Nov 2023
1.68%
06 Nov 2023 - 07 Nov 2023
1.68%
05 Nov 2023 - 06 Nov 2023
1.68%
04 Nov 2023 - 05 Nov 2023
1.68%
03 Nov 2023 - 04 Nov 2023
1.68%
02 Nov 2023 - 03 Nov 2023
1.69%
01 Nov 2023 - 02 Nov 2023
1.69%
31 Oct 2023 - 01 Nov 2023
1.69%
30 Oct 2023 - 31 Oct 2023
1.69%
29 Oct 2023 - 30 Oct 2023
1.69%
28 Oct 2023 - 29 Oct 2023
1.69%
27 Oct 2023 - 28 Oct 2023
1.69%
26 Oct 2023 - 27 Oct 2023
1.69%
25 Oct 2023 - 26 Oct 2023
1.69%
24 Oct 2023 - 25 Oct 2023
1.69%
23 Oct 2023 - 24 Oct 2023
1.69%
22 Oct 2023 - 23 Oct 2023
1.68%
21 Oct 2023 - 22 Oct 2023
1.68%
20 Oct 2023 - 21 Oct 2023
1.68%
19 Oct 2023 - 20 Oct 2023
1.68%
18 Oct 2023 - 19 Oct 2023
1.68%
17 Oct 2023 - 18 Oct 2023
1.68%
16 Oct 2023 - 17 Oct 2023
1.68%
15 Oct 2023 - 16 Oct 2023
1.68%
14 Oct 2023 - 15 Oct 2023
1.68%
13 Oct 2023 - 14 Oct 2023
1.68%
12 Oct 2023 - 13 Oct 2023
1.68%
11 Oct 2023 - 12 Oct 2023
1.68%
10 Oct 2023 - 11 Oct 2023
1.68%
09 Oct 2023 - 10 Oct 2023
1.68%
08 Oct 2023 - 09 Oct 2023
1.68%
07 Oct 2023 - 08 Oct 2023
1.68%
06 Oct 2023 - 07 Oct 2023
1.68%
05 Oct 2023 - 06 Oct 2023
1.68%
04 Oct 2023 - 05 Oct 2023
1.68%
03 Oct 2023 - 04 Oct 2023
1.68%
02 Oct 2023 - 03 Oct 2023
1.68%
01 Oct 2023 - 02 Oct 2023
1.68%
30 Sep 2023 - 01 Oct 2023
1.68%
29 Sep 2023 - 30 Sep 2023
1.68%
28 Sep 2023 - 29 Sep 2023
1.68%
27 Sep 2023 - 28 Sep 2023
1.68%
26 Sep 2023 - 27 Sep 2023
1.68%
25 Sep 2023 - 26 Sep 2023
1.68%
24 Sep 2023 - 25 Sep 2023
1.68%
23 Sep 2023 - 24 Sep 2023
1.68%
22 Sep 2023 - 23 Sep 2023
1.68%
21 Sep 2023 - 22 Sep 2023
1.76%
20 Sep 2023 - 21 Sep 2023
1.76%
19 Sep 2023 - 20 Sep 2023
1.75%
18 Sep 2023 - 19 Sep 2023
1.75%
17 Sep 2023 - 18 Sep 2023
1.75%
16 Sep 2023 - 17 Sep 2023
1.75%
15 Sep 2023 - 16 Sep 2023
1.75%
14 Sep 2023 - 15 Sep 2023
1.75%
13 Sep 2023 - 14 Sep 2023
1.75%
12 Sep 2023 - 13 Sep 2023
1.76%
11 Sep 2023 - 12 Sep 2023
1.75%
10 Sep 2023 - 11 Sep 2023
1.75%
09 Sep 2023 - 10 Sep 2023
1.75%
08 Sep 2023 - 09 Sep 2023
1.75%
07 Sep 2023 - 08 Sep 2023
1.76%
06 Sep 2023 - 07 Sep 2023
1.76%
05 Sep 2023 - 06 Sep 2023
1.76%
04 Sep 2023 - 05 Sep 2023
1.76%
03 Sep 2023 - 04 Sep 2023
1.76%
02 Sep 2023 - 03 Sep 2023
1.76%
01 Sep 2023 - 02 Sep 2023
1.76%
31 Aug 2023 - 01 Sep 2023
1.76%
31 Jul 2023 - 31 Aug 2023
1.76%
30 Jun 2023 - 31 Jul 2023
1.77%
31 May 2023 - 30 Jun 2023
1.79%
30 Apr 2023 - 31 May 2023
1.80%
31 Mar 2023 - 30 Apr 2023
1.82%
28 Feb 2023 - 31 Mar 2023
1.76%
31 Jan 2023 - 28 Feb 2023
1.76%
31 Dec 2022 - 31 Jan 2023
1.76%
31 Dec 2022 - 31 Dec 2022
1.76%
31 Dec 2022 - 31 Dec 2022
1.76%
30 Nov 2022 - 31 Dec 2022
1.75%
30 Nov 2022 - 30 Nov 2022
1.75%
30 Nov 2022 - 30 Nov 2022
1.75%
31 Oct 2022 - 30 Nov 2022
1.75%
31 Oct 2022 - 31 Oct 2022
1.75%
31 Oct 2022 - 31 Oct 2022
1.75%
30 Sep 2022 - 31 Oct 2022
1.76%
30 Sep 2022 - 30 Sep 2022
1.76%
30 Sep 2022 - 30 Sep 2022
1.76%
31 Aug 2022 - 30 Sep 2022
1.75%
31 Aug 2022 - 31 Aug 2022
1.75%
31 Jul 2022 - 31 Aug 2022
1.76%
31 Jul 2022 - 31 Jul 2022
1.76%
30 Jun 2022 - 31 Jul 2022
1.76%
30 Jun 2022 - 30 Jun 2022
1.76%
31 May 2022 - 30 Jun 2022
1.76%
31 May 2022 - 31 May 2022
1.76%
30 Apr 2022 - 31 May 2022
1.75%
30 Apr 2022 - 30 Apr 2022
1.75%
31 Mar 2022 - 30 Apr 2022
1.75%
31 Mar 2022 - 31 Mar 2022
1.75%
28 Feb 2022 - 31 Mar 2022
1.75%
28 Feb 2022 - 28 Feb 2022
1.75%
31 Jan 2022 - 28 Feb 2022
1.75%
31 Jan 2022 - 31 Jan 2022
1.75%
31 Dec 2021 - 31 Jan 2022
1.85%
Expense ratio, exit load and taxExpense ratio: 1.67%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementSudhir Kedia
Oct 2019 - Present
View details
Education
Mr. Kedia is CA, CMA and MBA.
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Mirae Asset Mutual Fund and ASK investment.
Also manages these schemes
Principal Equity Savings Fund - Direct - Growth
Principal Personal Tax Saver Fund Direct
Sundaram Diversified Equity Fund Direct Growth
Sundaram Small Cap Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series I Direct Growth
Mirae Asset Hybrid Equity Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth
Sundaram Select Micro Cap Series XIV Direct Growth
Sundaram Select Micro Cap Series XV Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth
Sundaram Select Micro Cap Series XVI Direct Growth
Sundaram Select Micro Cap Series XVII Direct Growth
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
Sundaram Emerging Small Cap Series 1 Direct Growth
Sundaram Emerging Small Cap Series II Direct Growth
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Sundaram Emerging Small Cap Series III Direct Growth
Sundaram Emerging Small Cap Series IV Direct Growth
Sundaram Multi Cap Fund Series I Direct Growth
Sundaram Multi Cap Fund Series II Direct Growth
Sundaram Emerging Small Cap Series V Direct Growth
Sundaram Emerging Small Cap Series VI Direct Growth
Sundaram Emerging Small Cap Series VII Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Principal Midcap Fund Direct Growth
Sundaram Large Cap Fund Direct Growth
Principal Large Cap Fund Direct Growth
Sundaram Focused Fund Direct Growth
Sundaram Multi Cap Fund Direct Growth
Sundaram Flexi Cap Fund Direct Growth
Rohit Seksaria
Jan 2022 - Present
View details
Education
Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad
Experience
Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.
Also manages these schemes
Sundaram Diversified Equity Fund Direct Growth
Sundaram Small Cap Fund Direct Growth
Sundaram Consumption Fund Direct Growth
Sundaram Financial Services Opportunities Fund Direct Growth
Sundaram Global Brand Direct Growth
Sundaram Debt Oriented Hybrid Fund Direct Plan Growth
Sundaram Select Micro Cap Series I Direct Growth
Sundaram Select Micro Cap Series II Direct Growth
Sundaram Select Micro Cap Series III Direct Growth
Sundaram Infrastructure Advantage Fund Direct Growth
Sundaram World Brand Fund Series III Direct Growth
Sundaram Long Term Tax Advantage Fund Series I Direct Growth
Sundaram Select Micro Cap Series VIII Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth
Sundaram Select Micro Cap Series X Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
Sundaram Select Micro Cap Series XI Direct Growth
Sundaram Smart NIFTY 100 Equal Weight Fund Direct Growth
Sundaram Select Micro Cap Series XII Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth
Sundaram Select Micro Cap Series XIV Direct Growth
Sundaram Select Micro Cap Series XV Direct Growth
Sundaram Select Small Cap Series V Direct Growth
Sundaram Select Small Cap Series VI Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth
Sundaram Select Micro Cap Series XVI Direct Growth
Sundaram Select Micro Cap Series XVII Direct Growth
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
Sundaram Emerging Small Cap Series 1 Direct Growth
Sundaram Emerging Small Cap Series II Direct Growth
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Sundaram Emerging Small Cap Series III Direct Growth
Sundaram Emerging Small Cap Series IV Direct Growth
Sundaram Multi Cap Fund Series I Direct Growth
Sundaram Multi Cap Fund Series II Direct Growth
Sundaram Emerging Small Cap Series V Direct Growth
Sundaram Emerging Small Cap Series VI Direct Growth
Sundaram Services Fund Direct Growth
Sundaram Emerging Small Cap Series VII Direct Growth
Sundaram Equity Savings Fund(Ex) Direct Growth
Sundaram Arbitrage Fund(Ex) Direct Growth
Sundaram Large Cap Fund Direct Growth
Sundaram Nifty 100 Equal Weight Fund Direct Growth
Sundaram Arbitrage Fund Direct Growth
Sundaram ELSS Tax Saver Fund Direct
Sundaram Multi Cap Fund Direct Growth
Sundaram Equity Savings Fund Direct Growth
Sundaram Flexi Cap Fund Direct Growth
Fund house & investment objective
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹48,877.10Cr
Date of Incorporation26 Feb 1996
 Sundaram ELSS Tax Saver Fund Direct is a Equity Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. P V K Mohan is the Current Fund Manager of Sundaram ELSS Tax Saver Fund Direct fund. The fund currently has an Asset Under Management(AUM) of ₹48,877 Cr and the Latest NAV as of 01 Dec 2023 is ₹425.57.
The Sundaram ELSS Tax Saver Fund Direct is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Sundaram Towers No. 46,,1st& 2nd Floor,Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
NA
Website
www.sundarammutual.com
Sundaram Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Sundaram ELSS Tax Saver Fund Direct
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	14.4%	20.7%	15.3%	14.4%
Category average	16.9%	19.9%	15.6%	NA
Rank with in category	28	18	22	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	8.4%
Reliance Industries Ltd.	Energy	Equity	5.9%
ICICI Bank Ltd.	Financial	Equity	5.7%
Infosys Ltd.	Technology	Equity	4.3%
State Bank of India	Financial	Equity	3.2%
Axis Bank Ltd.	Financial	Equity	2.9%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	2.4%
Bajaj Finance Ltd.	Financial	Equity	2.3%
Polycab India Ltd.	Capital Goods	Equity	2.1%
Tata Consultancy Services Ltd.	Technology	Equity	2.0%

Rank (total assets)	#17 in India
Total AUM	₹48,877.10Cr

Date of Incorporation	26 Feb 1996

Fund benchmark	NIFTY 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	3
Fund size	₹1,061.51Cr

Sundaram ELSS Tax Saver Fund Direct

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (66)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.67%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sudhir KediaOct 2019 - PresentView details

Rohit SeksariaJan 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sudhir Kedia
Oct 2019 - Present
View details

Rohit Seksaria
Jan 2022 - Present
View details