Sundaram ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹480.86+0.36%1 day
- Return since launch
- 17.0%
- 52-week range
- ₹450.31 — ₹532.50
- AUM
- ₹1,285 Cr
Sundaram ELSS Tax Saver Fund is a ELSS equity fund from Sundaram Mutual Fund with ₹1,285 Cr under management, launched in 1996. Over three years it has returned 0.9% a year, against 10.4% for its category. The expense ratio is 2.28% and the SEBI riskometer reading is Very High.
Performance
Sundaram ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -4.8% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -8.0% | −8.1 pts | 0.1% | -2.3% |
| 2Y | -3.1% | −3.8 pts | 0.7% | -0.3% |
| 3Y | 0.9% | −9.5 pts | 10.4% | 2.8% |
| 5Y | 6.8% | −2.9 pts | 9.7% | 8.4% |
| 7Y | 11.1% | −1.9 pts | 13.0% | 11.6% |
| 10Y | 11.0% | −1.5 pts | 12.5% | 11.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.1% | −0.6 pts | -3.5% | -3.9% |
| 3M | -2.5% | −1.9 pts | -0.6% | -1.0% |
| 6M | 4.0% | −5.2 pts | 9.2% | 8.2% |
| 1Y | -4.8% | −4.9 pts | 0.1% | -0.7% |
| 2Y | -4.4% | −1.2 pts | -3.3% | -4.0% |
| 3Y | 7.5% | −2.9 pts | 10.4% | 9.3% |
| 5Y | 8.0% | −1.7 pts | 9.7% | 8.7% |
| 7Y | 13.3% | −1.2 pts | 14.4% | 12.4% |
| 10Y | 10.8% | −1.7 pts | 12.5% | 10.9% |
Since launch (1 Jan 1996): 17.0%
Calendar-year returns
Category average18.8%
32.1%
4.3%
24.5%
15.6%
7.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.7% | +3.3 pts | 4.5% |
| 2024 | 15.6% | −4.7 pts | 20.3% |
| 2023 | 24.5% | −7.3 pts | 31.8% |
| 2022 | 4.3% | +0.9 pts | 3.5% |
| 2021 | 32.1% | −7.8 pts | 39.9% |
| 2020 | 18.8% | +0.1 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.30%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.86%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -2.06 | 4.67 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.91 | 1.08 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.13 | 17.94 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Sundaram ELSS Tax Saver Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.0%
- Other2.0%
Market cap split
- Large63.9%
- Mid16.1%
- Small20.1%
- P/E
- 23.17
- P/B
- 3.06
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.68% | ₹85.86 Cr | +5.87% | +6.04% | +7.56% |
| HDFC Bank Ltd. | Financial | 5.45% | ₹70.08 Cr | +6.82% | +7.44% | +9.00% |
| Axis Bank Ltd. | Financial | 4.42% | ₹56.81 Cr | +4.45% | +4.48% | +3.38% |
| State Bank of India | Financial | 3.73% | ₹47.91 Cr | +3.59% | +4.09% | +3.13% |
| Bharti Airtel Ltd. | Communication | 3.62% | ₹46.57 Cr | +3.89% | +4.07% | +3.19% |
| Larsen & Toubro Ltd. | Construction | 3.52% | ₹45.23 Cr | +3.61% | +3.65% | +3.33% |
| Reliance Industries Ltd. | Energy | 3.44% | ₹44.25 Cr | +3.62% | +4.31% | +4.32% |
| Infosys Ltd. | Technology | 3.30% | ₹42.38 Cr | +3.21% | +3.36% | +3.33% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 3.20% | ₹41.18 Cr | +2.99% | +2.03% | +1.06% |
| Kotak Mahindra Bank Ltd. | Financial | 3.10% | ₹39.84 Cr | +2.89% | +2.92% | +2.73% |
| Mahindra & Mahindra Ltd. | Automobile | 2.33% | ₹30.00 Cr | +2.20% | +2.25% | +1.17% |
| Ultratech Cement Ltd. | Materials | 2.32% | ₹29.77 Cr | +2.45% | +2.54% | +2.51% |
| Eternal Ltd. | Services | 2.10% | ₹26.99 Cr | +1.55% | +1.33% | +1.27% |
| Others | Others | 1.97% | ₹25.25 Cr | -0.15% | -0.23% | +0.05% |
| Indusind Bank Ltd. | Financial | 1.93% | ₹24.86 Cr | +1.74% | +1.71% | +1.31% |
| Force Motors Ltd. | Automobile | 1.91% | ₹24.54 Cr | +2.16% | +2.53% | +2.00% |
| Thermax Ltd. | Capital Goods | 1.74% | ₹22.38 Cr | +1.03% | — | — |
| Tata Motors Ltd. | Automobile | 1.61% | ₹20.68 Cr | +1.01% | +1.16% | — |
| NTPC Ltd. | Energy | 1.60% | ₹20.56 Cr | +1.92% | +1.78% | +1.21% |
| Cummins India Ltd. | Capital Goods | 1.48% | ₹19.04 Cr | +2.00% | +1.56% | +1.12% |
| Zydus Lifesciences Ltd. | Healthcare | 1.47% | ₹18.93 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 1.47% | ₹18.92 Cr | +1.28% | +1.30% | +1.22% |
| TVS Motor Company Ltd. | Automobile | 1.45% | ₹18.67 Cr | +0.98% | — | — |
| Alkem Laboratories Ltd. | Healthcare | 1.41% | ₹18.12 Cr | +1.48% | +1.42% | +1.32% |
| Affle 3I Ltd. | Technology | 1.40% | ₹18.02 Cr | +1.31% | +0.81% | +0.89% |
| Interglobe Aviation Ltd. | Services | 1.38% | ₹17.80 Cr | +1.19% | +1.02% | +1.18% |
| Devyani International Ltd. | Services | 1.38% | ₹17.73 Cr | +1.17% | +1.21% | +1.14% |
| GAIL (India) Ltd. | Energy | 1.35% | ₹17.39 Cr | +1.38% | +1.33% | +1.23% |
| HCL Technologies Ltd. | Technology | 1.35% | ₹17.32 Cr | +1.24% | +1.36% | — |
| 360 One Wam Ltd. | Financial | 1.29% | ₹16.54 Cr | +0.99% | — | — |
| Indegene Ltd. | Healthcare | 1.28% | ₹16.41 Cr | +1.11% | +0.99% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.28% | ₹16.40 Cr | +1.16% | +0.93% | +0.66% |
| company:9262 | Financial | 1.26% | ₹16.25 Cr | — | — | — |
| company:2832 | Construction | 1.26% | ₹16.25 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 1.25% | ₹16.12 Cr | +1.97% | +2.01% | +2.86% |
| Elecon Engineering Company Ltd. | Capital Goods | 1.21% | ₹15.55 Cr | +1.52% | +1.16% | — |
| Delhivery Ltd. | Services | 1.21% | ₹15.53 Cr | +1.22% | +1.17% | +1.37% |
| Swiggy Ltd. | Services | 1.20% | ₹15.36 Cr | +1.11% | +1.16% | +1.51% |
| Ceat Ltd. | Automobile | 1.18% | ₹15.15 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.18% | ₹15.11 Cr | +0.92% | — | — |
| Jubilant FoodWorks Ltd. | Services | 1.13% | ₹14.56 Cr | +0.99% | +1.13% | +1.24% |
| Union Bank of India | Financial | 1.13% | ₹14.52 Cr | +1.02% | +2.09% | — |
| company:14064 | Financial | 1.05% | ₹13.54 Cr | — | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 1.03% | ₹13.30 Cr | +0.84% | +0.69% | — |
| JK Lakshmi Cement Ltd. | Materials | 1.02% | ₹13.11 Cr | +1.03% | +1.13% | — |
| Kalpataru Projects International Ltd. | Capital Goods | 1.01% | ₹13.03 Cr | +0.79% | — | — |
| Max Financial Services Ltd. | Financial | 1.00% | ₹12.82 Cr | +0.98% | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.99% | ₹12.74 Cr | +1.14% | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.96% | ₹12.29 Cr | +1.00% | +1.05% | — |
| Emami Ltd. | Consumer Staples | 0.95% | ₹12.26 Cr | +1.06% | +1.16% | +1.10% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.85% | ₹10.91 Cr | +0.83% | — | — |
| LTM Limited | Technology | 0.83% | ₹10.71 Cr | +0.76% | +0.78% | — |
| Amara Raja Energy & Mobility Ltd | Capital Goods | 0.77% | ₹9.91 Cr | +0.78% | +0.96% | +1.07% |
| Cipla Ltd. | Healthcare | 0.74% | ₹9.55 Cr | +1.87% | +1.69% | +1.55% |
| Torrent Power Ltd. | Energy | 0.73% | ₹9.36 Cr | +0.87% | +1.17% | +0.91% |
| Chennai Super Kings Ltd. | Services | 0.05% | ₹0.61 Cr | +0.05% | +0.04% | +0.04% |
| Virtual Dynamics Software Ltd. | Technology | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 6.80% | 5.45% | -1.35% |
| company:9262 | 0.00% | 1.26% | +1.26% |
| company:2832 | 0.00% | 1.26% | +1.26% |
| Tata Consultancy Services Ltd. | 1.22% | 0.00% | -1.22% |
| Ambuja Cements Ltd. | 1.13% | 0.00% | -1.13% |
| company:14064 | 0.00% | 1.05% | +1.05% |
| Cipla Ltd. | 1.75% | 0.74% | -1.01% |
| ITC Ltd. | 1.88% | 1.25% | -0.62% |
| Thermax Ltd. | 1.17% | 1.74% | +0.57% |
| Brigade Enterprises Ltd. | 0.53% | 0.00% | -0.53% |
| Bharti Airtel Ltd. | 4.09% | 3.62% | -0.47% |
| Cummins India Ltd. | 1.83% | 1.48% | -0.35% |
| Eternal Ltd. | 1.82% | 2.10% | +0.28% |
| Axis Bank Ltd. | 4.15% | 4.42% | +0.28% |
| Kalpataru Projects International Ltd. | 0.76% | 1.01% | +0.26% |
| Devyani International Ltd. | 1.13% | 1.38% | +0.25% |
| Kotak Mahindra Bank Ltd. | 2.86% | 3.10% | +0.24% |
| Tata Motors Ltd. | 1.37% | 1.61% | +0.24% |
| Others | 0.05% | -0.19% | -0.24% |
| Indegene Ltd. | 1.07% | 1.28% | +0.21% |
| GAIL (India) Ltd. | 1.56% | 1.35% | -0.21% |
| Ultratech Cement Ltd. | 2.48% | 2.32% | -0.16% |
| ICICI Bank Ltd. | 6.54% | 6.68% | +0.14% |
| Jubilant FoodWorks Ltd. | 0.99% | 1.13% | +0.14% |
| Larsen & Toubro Ltd. | 3.40% | 3.52% | +0.12% |
| Union Bank of India | 1.02% | 1.13% | +0.11% |
| Torrent Power Ltd. | 0.84% | 0.73% | -0.11% |
| Kirloskar Oil Engines Ltd. | 3.31% | 3.20% | -0.11% |
| Alkem Laboratories Ltd. | 1.51% | 1.41% | -0.10% |
| Amber Enterprises India Ltd. | 0.94% | 1.03% | +0.09% |
| NTPC Ltd. | 1.68% | 1.60% | -0.08% |
| Emami Ltd. | 1.03% | 0.95% | -0.08% |
| Mahindra & Mahindra Ltd. | 2.40% | 2.33% | -0.06% |
| Delhivery Ltd. | 1.27% | 1.21% | -0.06% |
| Zydus Lifesciences Ltd. | 1.42% | 1.47% | +0.06% |
| JK Lakshmi Cement Ltd. | 1.08% | 1.02% | -0.06% |
| Max Financial Services Ltd. | 0.94% | 1.00% | +0.06% |
| 360 One Wam Ltd. | 1.23% | 1.29% | +0.05% |
| Reliance Industries Ltd. | 3.50% | 3.44% | -0.05% |
| Hindustan Aeronautics Ltd. | 1.22% | 1.28% | +0.05% |
| Indusind Bank Ltd. | 1.88% | 1.93% | +0.05% |
| LTM Limited | 0.79% | 0.83% | +0.04% |
| Infosys Ltd. | 3.26% | 3.30% | +0.04% |
| Mahindra & Mahindra Financial Services Ltd. | 1.21% | 1.18% | -0.03% |
| Interglobe Aviation Ltd. | 1.36% | 1.38% | +0.03% |
| Force Motors Ltd. | 1.93% | 1.91% | -0.02% |
| HCL Technologies Ltd. | 1.37% | 1.35% | -0.02% |
| Affle 3I Ltd. | 1.38% | 1.40% | +0.02% |
| TVS Motor Company Ltd. | 1.43% | 1.45% | +0.02% |
| Tata Steel Ltd. | 1.01% | 0.99% | -0.02% |
| United Spirits Ltd. | 1.49% | 1.47% | -0.01% |
| Elecon Engineering Company Ltd. | 1.22% | 1.21% | -0.01% |
| Amara Raja Energy & Mobility Ltd | 0.78% | 0.77% | -0.01% |
| Whirlpool Of India Ltd. | 0.95% | 0.96% | +0.01% |
| Ceat Ltd. | 1.17% | 1.18% | +0.01% |
| State Bank of India | 3.73% | 3.73% | 0.00% |
| Billionbrains Garage Ventures Ltd. | 0.85% | 0.85% | 0.00% |
| Swiggy Ltd. | 1.20% | 1.20% | 0.00% |
| Chennai Super Kings Ltd. | 0.05% | 0.05% | 0.00% |
| Virtual Dynamics Software Ltd. | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,116 Cr | 2.38% | 9.8% | 9.1% | 14.7% |
 Motilal Oswal ELSS Tax Saver Fund | ₹5,134 Cr | 2.08% | 16.2% | 12.6% | 18.1% |
 HSBC ELSS Tax saver Fund | ₹4,229 Cr | 1.99% | 7.0% | 8.7% | 13.3% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹507 Cr | 2.59% | 4.0% | 7.4% | — |
 ITI ELSS Tax Saver Fund | ₹463 Cr | 2.57% | 8.6% | 7.4% | 13.2% |
 JM ELSS - Tax Saver Fund | ₹248 Cr | 2.69% | 13.4% | 9.5% | 14.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.
Fund managers
- Bharath SMr. Bharath is a B Com (H), MBA and ICWA.Prior to joining Sundaram Mutual Fund he has worked with Navia Markets Ltd.
- Rohit SeksariaMr. Seksaria is CS, CA & has done MBA from IIM AhmedabadPrior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.01% absolute | ₹60,000 | ₹62,406 | 4.01% | |
| 1 year−4.79% annualised | ₹1,20,000 | ₹1,16,932 | −2.56% | |
| 3 years7.54% annualised | ₹3,60,000 | ₹4,05,085 | 12.52% | |
| 5 years8.01% annualised | ₹6,00,000 | ₹7,39,866 | 23.31% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Sundaram ELSS Tax Saver Fund?
The NAV of Sundaram ELSS Tax Saver Fund is ₹480.86 as on 25 Sep 2026.
What is the expense ratio of Sundaram ELSS Tax Saver Fund?
The expense ratio of Sundaram ELSS Tax Saver Fund is 2.28% per year.
What is the minimum SIP amount for Sundaram ELSS Tax Saver Fund?
You can start a SIP in Sundaram ELSS Tax Saver Fund with ₹3,000 a month.
What returns has Sundaram ELSS Tax Saver Fund given?
Sundaram ELSS Tax Saver Fund has returned -8.0% over 1 year, 0.9% over 3 years and 6.8% over 5 years (annualised).
Is there a lock-in or exit load on Sundaram ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is Sundaram ELSS Tax Saver Fund?
Sundaram ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages Sundaram ELSS Tax Saver Fund?
Sundaram ELSS Tax Saver Fund is managed by Sundaram Mutual Fund, which runs 32 schemes with ₹76,995 Cr under management.