Rating : ★ ★ ☆ ☆ ☆
Sundaram Diversified Equity Fund Direct Plan Dividend Reinvestment Option
 ÂELSS Fund
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.
 
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.