Sundaram ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹498.14+0.32%1 day
- Return since launch
- 17.0%
- 52-week range
- ₹450.31 — ₹532.50
- AUM
- ₹1,212 Cr
Sundaram ELSS Tax Saver Fund is a ELSS equity fund from Sundaram Mutual Fund with ₹1,212 Cr under management, launched in 1996. Over three years it has returned 2.5% a year, against 11.4% for its category. The expense ratio is 2.30% 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 -4.5% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.0% | −0.6 pts | 0.6% | 6.0% |
| 2Y | 0.7% | −3.6 pts | 4.3% | 3.9% |
| 3Y | 2.5% | −8.9 pts | 11.4% | 4.6% |
| 5Y | 7.6% | −2.2 pts | 9.8% | 9.3% |
| 7Y | 11.3% | −2.0 pts | 13.3% | 12.1% |
| 10Y | 11.4% | −1.6 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.2% | +0.5 pts | 6.7% | 7.5% |
| 3M | -1.7% | −1.2 pts | -0.5% | -0.5% |
| 6M | 1.5% | −3.2 pts | 4.6% | 4.7% |
| 1Y | -4.0% | −4.5 pts | 0.6% | 0.3% |
| 2Y | 0.8% | −1.0 pts | 1.9% | 1.4% |
| 3Y | 8.9% | −2.5 pts | 11.4% | 10.7% |
| 5Y | 7.7% | −2.1 pts | 9.8% | 8.8% |
| 7Y | 13.5% | −1.0 pts | 14.6% | 12.7% |
| 10Y | 11.3% | −1.6 pts | 12.9% | 11.5% |
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
2.28%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.85%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- 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 | -1.97 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.91 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.19 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.24 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.43 | 17.53 | 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 30 Sep 2026
Asset allocation
- Equity97.8%
- Other2.2%
Market cap split
- Large63.1%
- Mid15.9%
- Small21.0%
- P/E
- 21.92
- P/B
- 2.90
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.44% | ₹78.05 Cr | +6.34% | +6.02% | +7.33% |
| HDFC Bank Ltd. | Financial | 5.78% | ₹70.05 Cr | +7.34% | +6.99% | +9.03% |
| Axis Bank Ltd. | Financial | 4.42% | ₹53.58 Cr | +4.59% | +4.29% | +3.65% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 3.73% | ₹45.19 Cr | +3.62% | +2.20% | +1.33% |
| Bharti Airtel Ltd. | Communication | 3.72% | ₹45.15 Cr | +3.89% | +4.05% | +4.04% |
| State Bank of India | Financial | 3.58% | ₹43.37 Cr | +3.77% | +3.89% | +3.42% |
| Larsen & Toubro Ltd. | Construction | 3.47% | ₹42.05 Cr | +3.62% | +3.16% | +3.40% |
| Reliance Industries Ltd. | Energy | 3.39% | ₹41.13 Cr | +3.50% | +4.49% | +4.51% |
| Kotak Mahindra Bank Ltd. | Financial | 3.27% | ₹39.62 Cr | +2.91% | +2.84% | +2.79% |
| Infosys Ltd. | Technology | 2.86% | ₹34.68 Cr | +2.92% | +3.69% | +3.29% |
| Ultratech Cement Ltd. | Materials | 2.35% | ₹28.49 Cr | +2.37% | +2.45% | +2.43% |
| Mahindra & Mahindra Ltd. | Automobile | 2.22% | ₹26.97 Cr | +2.19% | +2.28% | +2.26% |
| Eternal Ltd. | Services | 2.17% | ₹26.32 Cr | +1.61% | +1.51% | +1.32% |
| Others | Others | 2.16% | ₹26.17 Cr | +0.01% | -0.63% | +1.40% |
| Force Motors Ltd. | Automobile | 1.97% | ₹23.88 Cr | +2.03% | +2.30% | +1.73% |
| Indusind Bank Ltd. | Financial | 1.82% | ₹22.04 Cr | +1.74% | +1.53% | +1.31% |
| Thermax Ltd. | Capital Goods | 1.70% | ₹20.64 Cr | +1.22% | +0.55% | — |
| NTPC Ltd. | Energy | 1.67% | ₹20.27 Cr | +1.75% | +1.97% | +1.58% |
| Zydus Lifesciences Ltd. | Healthcare | 1.56% | ₹18.94 Cr | +1.42% | — | — |
| Tata Motors Ltd. | Automobile | 1.53% | ₹18.51 Cr | +1.34% | +1.12% | — |
| Cummins India Ltd. | Capital Goods | 1.46% | ₹17.75 Cr | +1.90% | +1.64% | +1.16% |
| TVS Motor Company Ltd. | Automobile | 1.46% | ₹17.66 Cr | +1.00% | — | — |
| Alkem Laboratories Ltd. | Healthcare | 1.45% | ₹17.56 Cr | +1.48% | +1.52% | +1.36% |
| Elecon Engineering Company Ltd. | Capital Goods | 1.44% | ₹17.43 Cr | +1.57% | +1.13% | — |
| United Spirits Ltd. | Consumer Staples | 1.42% | ₹17.20 Cr | +1.34% | +1.31% | +1.24% |
| Affle 3I Ltd. | Technology | 1.41% | ₹17.04 Cr | +1.25% | +0.98% | +0.92% |
| Interglobe Aviation Ltd. | Services | 1.40% | ₹16.95 Cr | +1.43% | +1.03% | +1.17% |
| GAIL (India) Ltd. | Energy | 1.38% | ₹16.71 Cr | +1.51% | +1.23% | +1.26% |
| Devyani International Ltd. | Services | 1.37% | ₹16.65 Cr | +1.11% | +1.02% | +1.10% |
| ITC Ltd. | Consumer Staples | 1.37% | ₹16.58 Cr | +1.94% | +2.11% | +2.82% |
| The Phoenix Mills Ltd. | Construction | 1.36% | ₹16.54 Cr | — | — | — |
| HCL Technologies Ltd. | Technology | 1.34% | ₹16.24 Cr | +1.10% | +1.50% | +0.96% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.31% | ₹15.94 Cr | +1.17% | +1.01% | +1.04% |
| Indegene Ltd. | Healthcare | 1.31% | ₹15.85 Cr | +1.10% | +0.99% | — |
| Swiggy Ltd. | Services | 1.25% | ₹15.18 Cr | +1.02% | +1.20% | +1.57% |
| Tata Steel Ltd. | Metals & Mining | 1.22% | ₹14.76 Cr | +1.01% | +0.58% | — |
| 360 One Wam Ltd. | Financial | 1.20% | ₹14.50 Cr | +0.95% | — | — |
| Tata Capital Ltd. | Financial | 1.19% | ₹14.48 Cr | — | — | — |
| Ceat Ltd. | Automobile | 1.19% | ₹14.46 Cr | +1.07% | — | — |
| Delhivery Ltd. | Services | 1.15% | ₹13.95 Cr | +1.25% | +1.29% | +1.32% |
| Whirlpool Of India Ltd. | Consumer Discretionary | 1.12% | ₹13.62 Cr | +0.97% | +1.02% | — |
| Jubilant FoodWorks Ltd. | Services | 1.11% | ₹13.40 Cr | +0.96% | +1.08% | +1.23% |
| Union Bank of India | Financial | 1.09% | ₹13.16 Cr | +1.04% | +1.93% | +1.01% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.09% | ₹13.16 Cr | +1.00% | — | — |
| Kalpataru Projects International Ltd. | Capital Goods | 1.06% | ₹12.84 Cr | +0.81% | — | — |
| Emami Ltd. | Consumer Staples | 1.05% | ₹12.77 Cr | +1.06% | +1.12% | +1.34% |
| JK Lakshmi Cement Ltd. | Materials | 1.00% | ₹12.16 Cr | +1.17% | +1.04% | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.96% | ₹11.64 Cr | +0.97% | +0.70% | — |
| IDFC First Bank Ltd. | Financial | 0.95% | ₹11.48 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | 0.92% | ₹11.19 Cr | +1.01% | +0.50% | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.86% | ₹10.45 Cr | +0.90% | +0.51% | — |
| Torrent Power Ltd. | Energy | 0.79% | ₹9.59 Cr | +0.85% | +1.11% | +0.91% |
| LTM Limited | Technology | 0.79% | ₹9.55 Cr | +0.65% | +0.80% | — |
| Amara Raja Energy & Mobility Ltd | Capital Goods | 0.69% | ₹8.38 Cr | +0.73% | +0.87% | +1.07% |
| Chennai Super Kings Ltd. | Services | 0.05% | ₹0.58 Cr | +0.05% | +0.05% | +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 |
|---|---|---|---|
| Cipla Ltd. | 0.74% | 0.00% | -0.74% |
| Kirloskar Oil Engines Ltd. | 3.20% | 3.73% | +0.52% |
| Infosys Ltd. | 3.30% | 2.86% | -0.44% |
| HDFC Bank Ltd. | 5.45% | 5.78% | +0.32% |
| ICICI Bank Ltd. | 6.68% | 6.44% | -0.24% |
| Elecon Engineering Company Ltd. | 1.21% | 1.44% | +0.23% |
| Tata Steel Ltd. | 0.99% | 1.22% | +0.23% |
| Whirlpool Of India Ltd. | 0.96% | 1.12% | +0.17% |
| Kotak Mahindra Bank Ltd. | 3.10% | 3.27% | +0.17% |
| State Bank of India | 3.73% | 3.58% | -0.15% |
| Indusind Bank Ltd. | 1.93% | 1.82% | -0.12% |
| ITC Ltd. | 1.25% | 1.37% | +0.11% |
| Mahindra & Mahindra Ltd. | 2.33% | 2.22% | -0.11% |
| IDFC First Bank Ltd. | 1.05% | 0.95% | -0.11% |
| The Phoenix Mills Ltd. | 1.26% | 1.36% | +0.10% |
| Bharti Airtel Ltd. | 3.62% | 3.72% | +0.10% |
| Emami Ltd. | 0.95% | 1.05% | +0.10% |
| 360 One Wam Ltd. | 1.29% | 1.20% | -0.09% |
| Mahindra & Mahindra Financial Services Ltd. | 1.18% | 1.09% | -0.09% |
| Zydus Lifesciences Ltd. | 1.47% | 1.56% | +0.09% |
| Tata Motors Ltd. | 1.61% | 1.53% | -0.08% |
| Amara Raja Energy & Mobility Ltd | 0.77% | 0.69% | -0.08% |
| Max Financial Services Ltd. | 1.00% | 0.92% | -0.07% |
| Amber Enterprises India Ltd. | 1.03% | 0.96% | -0.07% |
| NTPC Ltd. | 1.60% | 1.67% | +0.07% |
| Eternal Ltd. | 2.10% | 2.17% | +0.07% |
| Tata Capital Ltd. | 1.26% | 1.19% | -0.07% |
| Torrent Power Ltd. | 0.73% | 0.79% | +0.06% |
| Force Motors Ltd. | 1.91% | 1.97% | +0.06% |
| Delhivery Ltd. | 1.21% | 1.15% | -0.06% |
| Swiggy Ltd. | 1.20% | 1.25% | +0.06% |
| United Spirits Ltd. | 1.47% | 1.42% | -0.05% |
| Larsen & Toubro Ltd. | 3.52% | 3.47% | -0.05% |
| Reliance Industries Ltd. | 3.44% | 3.39% | -0.05% |
| LTM Limited | 0.83% | 0.79% | -0.05% |
| Kalpataru Projects International Ltd. | 1.01% | 1.06% | +0.05% |
| Union Bank of India | 1.13% | 1.09% | -0.04% |
| Thermax Ltd. | 1.74% | 1.70% | -0.04% |
| Hindustan Aeronautics Ltd. | 1.28% | 1.31% | +0.04% |
| Alkem Laboratories Ltd. | 1.41% | 1.45% | +0.04% |
| Ultratech Cement Ltd. | 2.32% | 2.35% | +0.03% |
| Indegene Ltd. | 1.28% | 1.31% | +0.03% |
| Others | -0.19% | -0.22% | -0.03% |
| Jubilant FoodWorks Ltd. | 1.13% | 1.11% | -0.03% |
| GAIL (India) Ltd. | 1.35% | 1.38% | +0.02% |
| JK Lakshmi Cement Ltd. | 1.02% | 1.00% | -0.02% |
| Cummins India Ltd. | 1.48% | 1.46% | -0.02% |
| Ceat Ltd. | 1.18% | 1.19% | +0.01% |
| Interglobe Aviation Ltd. | 1.38% | 1.40% | +0.01% |
| Billionbrains Garage Ventures Ltd. | 0.85% | 0.86% | +0.01% |
| HCL Technologies Ltd. | 1.35% | 1.34% | -0.01% |
| Devyani International Ltd. | 1.38% | 1.37% | -0.01% |
| TVS Motor Company Ltd. | 1.45% | 1.46% | 0.00% |
| Affle 3I Ltd. | 1.40% | 1.41% | 0.00% |
| Axis Bank Ltd. | 4.42% | 4.42% | 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 | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
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 months1.47% absolute | ₹60,000 | ₹60,882 | 1.47% | |
| 1 year−3.97% annualised | ₹1,20,000 | ₹1,17,451 | −2.12% | |
| 3 years8.94% annualised | ₹3,60,000 | ₹4,14,217 | 15.06% | |
| 5 years7.70% annualised | ₹6,00,000 | ₹7,33,729 | 22.29% |
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 ₹498.14 as on 9 Nov 2026.
What is the expense ratio of Sundaram ELSS Tax Saver Fund?
The expense ratio of Sundaram ELSS Tax Saver Fund is 2.30% 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 -0.0% over 1 year, 2.5% over 3 years and 7.6% 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 ₹82,589 Cr under management.