Rating : ★ ☆ ☆ ☆ ☆

Sundaram Diversified Equity Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option

Equity

  

ELSS Fund

NAV

16.2772-0.1897

(as on 19 Aug, 2022)

RETURNS

17.89 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1%

Asset Size

1803.52 Cr.

(As of 31 Jul, 2022)

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.

app screenshotapp screenshot

Google play store download image Apple app store download image

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

ICICI Bank Ltd

9.45%

HDFC Bank Ltd

5.85%

Infosys Ltd

5.09%

State Bank of India

5.02%

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 1 stars by Morning Star Ratings.

★ ☆ ☆ ☆ ☆

Overview of Sundaram Asset Management Company Ltd

-