Rating : ★ ★ ☆ ☆ ☆

Sundaram Diversified Equity Fund Direct Plan Dividend Reinvestment Option

Equity

  

ELSS Fund

NAV

15.4586-0.1767

(as on 05 Mar, 2021)

RETURNS

6.74 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

2%

Asset Size

2394.94 Cr.

(As of 28 Feb, 2021)

Benchmark

S&P BSE 200 India TR INR

Riskometer

Investors understand that their principal will be at Very High Risk.

Objective

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.

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Fund manager

S Krishnakumar

Exit load

N / A

Minimum sip

₹100

Minimum investment

₹500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

HDFC Bank Ltd

7.30%

Reliance Industries Ltd Ordinary Shares

6.77%

ICICI Bank Ltd Ordinary Shares

6.04%

Infosys Ltd

5.89%

Sector Allocation

About the Scheme Type

ELSS or Equity Linked Saving Schemes can help you with a two-fold benefit of saving your taxes and growing your money. ELSSare open-ended Equity Mutual Funds, investments in which qualify for tax exemptions under section 80C of the Income Tax Act of 1961. The scheme invests at least 80% of its total assets in equity and equity-linked instruments and comes with a mandatory lock-in period of 3 years. Returns from ELSS investments over and above 1 lac rupees are subject to LTCG (Long-Term Capital Gains) Tax at 10%.Given that these funds are passively managed, it also reduces the expense ratio and other fees making them cost efficient.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

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Overview of Sundaram Asset Management Company Ltd

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