Investment type
Sundaram ELSS Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by Sundaram Mutual Fund. It was launched on 26 Feb 1996, and has been active for over 29 years. As of 31 Mar 2025 the fund manages assets worth ₹1,359 Crores. The expense ratio is 1.71%.
This fund generated returns of 6.25% in the last 1 year. Since its inception, it has provided an average annual return of 16%.
The fund's investments are mainly concentrated in sectors like Banks, Debt, IT-Software, Automobiles and Pharmaceuticals & Biotech.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, TREPS, Reliance Industr and Larsen & Toubro.
The objective of the scheme is to build a high quality growth oriented portfolio to provide long-term capital gains to the investors. The scheme aims at providing returns through capital appreciation over the life of the scheme.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
By joining our referral program, you agree to our Terms of Use
Powered by Viral Loops.
Invest as little as Re.1 in US Stocks
