Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
22 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
2,395 Cr. Large within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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Scheme Information
Investment 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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Sundaram Asset Management Company Ltd manages assets worth 33,145 crores and was set up on 26 February 1996. It's current offering of mutual fund schemes includes 141 equity,182 debt and 36 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
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Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About Sundaram Diversified Equity fund (DP-Q)
About Sundaram Diversified Equity fund (DP-Q)
Sundaram Diversified Equity fund (DP-Q) is a tax saving equity fund and has delivered an annualised return of 16.1% over a period of 22 years .The fund was previously known as Sundaram BP Taxsaver Div.The fund is managed by Sundaram Asset Management Company Ltd.The fund managers are Dwijendra Srivastava, Rohit Seksaria, S. Bharath, S Krishnakumar
Sundaram Diversified Equity fund (DP-Q) Investment 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. However, there is no assurance that the objective of the scheme will be realized.
Sundaram Diversified Equity fund (DP-Q) NAV,AUM,Risk
The Sundaram Diversified Equity fund (DP-Q) fund was launched on Nov 22, 1999. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-05 is ₹ 13.0537. The total AUM (Asset Under Management) of the fund as of 2021-03-08 is ₹ 2394.943. The category risk of the Sundaram Diversified Equity fund (DP-Q) fund is Very High Risk.
The fund charges 2.12 % as expense ratio.
Sundaram Diversified Equity fund (DP-Q) Holdings
The fund’s highest allocation is towards equity and has invested 99.6% in this asset class. The top three holdings of the fund are hdfc bank ltd,reliance industries ltd shs dematerialised and icici bank ltd
Sundaram Diversified Equity fund (DP-Q) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
Sundaram Diversified Equity fund (DP-Q) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 200 India TR INR
Sundaram Diversified Equity fund (DP-Q) Review
Sundaram Diversified Equity fund (DP-Q) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Sundaram Diversified Equity fund (DP-Q) has a score of 4 out of 5.
Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.
