Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Long Term Tax Advantage Fund Series III is an ELSS fund and Sundaram Services Fund is a Thematic fund. In the 3 years to 30-10-2026, Sundaram Long Term Tax Advantage Fund Series III (Direct) returned 9.6% a year and Sundaram Services Fund (Direct) returned 13.4% a year. Sundaram Long Term Tax Advantage Fund Series III charges 1.01% a year and Sundaram Services Fund 0.86% (Direct plans). Their portfolios overlap 27.0%: they hold 18 of the same securities.
Sundaram Long Term Tax Advantage Fund Series III
ELSS
- 3 year return
- 9.6%
- Expense ratio
- 1.01%
- NAV
- ₹29.38
Sundaram Services Fund
Thematic
- 3 year return
- 13.4%
- Expense ratio
- 0.86%
- NAV
- ₹37.95
Which is better, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Long Term Tax Advantage Fund Series III returned more over 5 years: 14.0% a year against 11.6%.
- Sundaram Services returned more over 3 years: 13.4% a year against 9.6%.
- Sundaram Services costs less: 0.86% a year against 1.01% (Direct plans).
- Sundaram Services swung less over 3 years: a standard deviation of 14.1% a year against 16.4%.
- Sundaram Services fell less in its worst fall since 25-09-2018: −39.6% against −44.0%.
- Sundaram Services holds more in large companies: 51.1% of the fund in large caps against 5.9%.
- Sundaram Services is the larger fund: ₹4,999 Cr against ₹34 Cr.
- Their portfolios overlap 27.0%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Sundaram Long Term Tax Advantage Fund Series III | Sundaram Services Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | ELSS | Thematic |
| AUM | ₹34 Cr (30-09-2026) | ₹4,999 Cr (30-09-2026) |
| NAV | ₹29.38 (Direct) | ₹37.95 (Direct) |
| Expense ratio (Direct) | 1.01% | 0.86% |
| Expense ratio (Regular) | 1.24% | 1.95% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty Services Sector TRI |
| Launch date | 28-03-2018 | 21-09-2018 |
| Minimum investment | For both Regular and Direct Plan Rs 500/- | ₹100 |
| Lock in | 3 years | None |
| Fund managers | Rohit Seksaria | Rohit Seksaria, Shalav Saket |
| Exit load | NIL | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. |
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series III (Direct) | −7.93% | −9.43% | −4.72% | −3.46% | +9.62% | +13.97% | -- |
| Sundaram Services Fund (Direct) | −1.53% | −5.13% | +3.05% | −4.35% | +13.38% | +11.59% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 50 ELSS funds and the 235 Thematic funds, same plan type.
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Year-wise Returns
| Year | Long Term Tax Advantage Fund Series IIISundaram Long Term Tax Advantage Fund Series III | ServicesSundaram Services |
|---|---|---|
| 2026to date | −1.20% | −3.58% |
| 2025 | +4.31% | +11.88% |
| 2024 | +12.38% | +19.27% |
| 2023 | +50.14% | +29.56% |
| 2022 | +6.47% | +4.65% |
| 2021 | +69.97% | +46.78% |
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Sundaram Long Term Tax Advantage Fund Series III
Rolling returns
Every 3-year holding period, 1,254 of them, one for each trading day from 27-09-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Sundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram Services Fund (Direct)
BSE 500 TRI
to
Feb 2022Jan 2020
to
Jan 2023Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series III | 0.0 | 0.0 | 0.5 | 3.2 | 24.3 | 26.4 | 45.6 | 26.8% | 24.2% | 8.8% | 51.0% | 100% |
| Sundaram Services | 0.0 | 0.0 | 0.0 | 4.7 | 34.2 | 31.1 | 30.0 | 22.4% | 21.6% | 11.8% | 37.4% | 100% |
| BSE 500 TRI | 0.0 | 0.0 | 1.9 | 19.4 | 49.8 | 21.9 | 7.0 | 18.1% | 18.1% | 8.4% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-09-2018. Past returns do not promise future returns.
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-09-2018 to 30-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IIISundaram Long Term Tax Advantage Fund Series III (Direct) | ₹9,80,000 | ₹21,15,875 | ₹11,35,875 | 18.3% |
| Sundaram ServicesSundaram Services Fund (Direct) | ₹9,80,000 | ₹19,75,203 | ₹9,95,203 | 16.7% |
Sundaram Long Term Tax Advantage Fund Series IIISundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram ServicesSundaram Services Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Long Term Tax Advantage Fund Series III (Direct) | Sundaram Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.46% | −4.35% |
| Standard deviation | 17.52% | 15.57% |
| Sharpe ratio | -0.50 | -0.62 |
| Sortino ratio | -0.69 | -0.85 |
| Maximum drawdown | −15.1% (23-03-2026) | −17.2% (31-03-2026) |
| Beta | 1.05 | 0.95 |
| Alpha | +4.89% | +3.60% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Long Term Tax Advantage Fund Series III (Direct) | Sundaram Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.62% | +13.38% |
| Standard deviation | 16.42% | 14.09% |
| Sharpe ratio | 0.22 | 0.52 |
| Sortino ratio | 0.30 | 0.72 |
| Maximum drawdown | −22.7% (03-03-2025) | −17.2% (31-03-2026) |
| Beta | 0.98 | 0.89 |
| Alpha | −0.18% | +4.47% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Long Term Tax Advantage Fund Series III (Direct) | Sundaram Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.97% | +11.59% |
| Standard deviation | 15.97% | 14.00% |
| Sharpe ratio | 0.51 | 0.41 |
| Sortino ratio | 0.68 | 0.56 |
| Maximum drawdown | −22.7% (03-03-2025) | −17.4% (20-06-2022) |
| Beta | 0.94 | 0.85 |
| Alpha | +5.48% | +5.99% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Long Term Tax Advantage Fund Series III (Direct) | Sundaram Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.38% | +17.89% |
| Standard deviation | 17.35% | 16.10% |
| Sharpe ratio | 0.47 | 0.78 |
| Sortino ratio | 0.61 | 1.05 |
| Maximum drawdown | −49.9% (24-03-2020) | −39.6% (23-03-2020) |
| Beta | 0.87 | 0.78 |
| Alpha | +2.27% | +8.33% |
From daily NAVs, 03-04-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Sundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram Services Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series III (Direct) | −44.0% | 02-04-2019 | 24-03-2020 | 16-12-2020 | 9 months | −12.5% |
| Sundaram Services Fund (Direct) | −39.6% | 19-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −7.6% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 25-09-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram Services Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram Services Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Long Term Tax Advantage Fund Series III (Direct)
Sundaram Services Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series III (Direct) | 116% | 98% | 11.06% |
| Sundaram Services Fund (Direct) | 105% | 79% | 5.88% |
From month-end values since 25-09-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Long Term Tax Advantage Fund Series III, September 2026; Sundaram Services Fund, September 2026
Holdings in common
- Overlap
- 27.0%
- Held by both
- 18
- Only in Sundaram Long Term Tax Advantage Fund Series III
- 22
- Only in Sundaram Services
- 37
| Security | % of Sundaram Long Term Tax Advantage Fund Series III | % of Sundaram Services |
|---|---|---|
| Eternal Ltd (Previously Zomato Ltd) | 3.94% | 6.10% |
| Rate Gain Travel Technologies Ltd | 3.69% | 2.90% |
| Aster DM Healthcare Ltd | 6.60% | 2.26% |
| Affle (India) Ltd | 4.28% | 2.13% |
| Interglobe Aviation Ltd | 1.99% | 4.17% |
| PNB Housing Finance Ltd | 1.93% | 2.57% |
| Cholamandalam Financial Holdings Ltd | 1.51% | 2.29% |
| Landmark Cars Ltd | 1.60% | 1.29% |
| Sapphire Foods India Ltd | 2.82% | 1.20% |
| Angel One Ltd | 2.98% | 1.12% |
| Bandhan Bank Ltd | 1.12% | 1.77% |
| Ujjivan Small Finance Bank Ltd | 5.38% | 1.02% |
| Aavas Financiers Ltd | 0.91% | 1.64% |
| Equitas Small Finance Bank Limited | 3.05% | 0.89% |
| SIS Ltd | 2.45% | 0.89% |
| CSB Bank Ltd | 3.07% | 0.75% |
| R Systems International Ltd | 0.99% | 0.61% |
| Westlife Foodworld Ltd | 1.42% | 0.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.0% means 27.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Sundaram Long Term Tax Advantage Fund Series III
| Security | % of fund |
|---|---|
| MTAR Technologies Ltd | 7.41% |
| KSB LTD | 4.70% |
| TVS Holdings Ltd | 4.13% |
| Green Panel Industries Ltd | 3.10% |
| Procter & Gamble Health Ltd | 2.88% |
Largest holdings only in Sundaram Services Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd | 5.06% |
| Axis Bank Ltd | 4.58% |
| Adani Ports and Special Economic Zone Ltd | 3.92% |
| Reliance Industries Ltd | 3.84% |
| ICICI Bank Ltd | 2.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Long Term Tax Advantage Fund Series III | Sundaram Services |
|---|---|---|
| Equity | 96.7% | 96.4% |
| Debt | 0.0% | 1.0% |
| Cash and others | 3.3% | 2.7% |
Market cap of stocks
| Market cap | Sundaram Long Term Tax Advantage Fund Series III | Sundaram Services |
|---|---|---|
| Large Cap | 5.9% | 51.1% |
| Mid Cap | 9.2% | 14.0% |
| Small Cap | 81.5% | 30.0% |
| Foreign stocks | 0.0% | 0.7% |
| Not on AMFI's list | 0.0% | 0.6% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Sundaram Long Term Tax Advantage Fund Series III | Sundaram Services |
|---|---|---|
| Banks | 12.6% | 17.0% |
| Finance | 10.5% | 13.9% |
| Industrial Products | 9.9% | 0.0% |
| Retailing | 3.9% | 8.7% |
| Electrical Equipment | 8.6% | 0.0% |
| Telecom - Services | 0.0% | 8.0% |
| Consumer Durables | 7.8% | 3.6% |
| Healthcare Services | 6.6% | 7.7% |
| It - Software | 4.6% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Long Term Tax Advantage Fund Series III | Sundaram Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 0.86% |
| Base expense ratio (Direct) | 0.80% | 0.65% |
| Total expense ratio (Regular) | 1.24% | 1.95% |
| Base expense ratio (Regular) | 1.00% | 1.61% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
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Sundaram Long Term Tax Advantage Fund Series III vs Sundaram Services Fund: Frequently Asked Questions
What is the difference between Sundaram Long Term Tax Advantage Fund Series III and Sundaram Services Fund?
Sundaram Long Term Tax Advantage Fund Series III is an ELSS fund, Sundaram Services Fund is a Thematic fund, run by Sundaram Mutual Fund. Their portfolios overlap 27.0%. Sundaram Long Term Tax Advantage Fund Series III charges 1.01% a year and Sundaram Services Fund 0.86%.
Which has given higher returns, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Services Fund?
Over 1 year: Sundaram Long Term Tax Advantage Fund Series III −3.46%, Sundaram Services Fund −4.35%. Over 3 years: Sundaram Long Term Tax Advantage Fund Series III +9.62% a year, Sundaram Services Fund +13.38% a year. Over 5 years: Sundaram Long Term Tax Advantage Fund Series III +13.97% a year, Sundaram Services Fund +11.59% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Services Fund?
Sundaram Services Fund charges less: 0.86% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Long Term Tax Advantage Fund Series III and Sundaram Services Fund overlap?
27.0%. They hold 18 of the same securities, the largest shared ones being ETERNAL, RATEGAIN, ASTERDM. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Services Fund?
On SEBI's riskometer, Sundaram Long Term Tax Advantage Fund Series III is rated Very High and Sundaram Services Fund Very High. Over 3 years, the standard deviation of daily returns was 16.42% and 14.09% a year.
Which is better for SIP, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Services Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,10,140 in Sundaram Long Term Tax Advantage Fund Series III (XIRR 11.1% a year) and ₹8,17,433 in Sundaram Services Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Sundaram Long Term Tax Advantage Fund Series III and Sundaram Services Fund?
Yes. 27.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Long Term Tax Advantage Fund Series III and Sundaram Services Fund?
Sundaram Long Term Tax Advantage Fund Series III: Rohit Seksaria. Sundaram Services Fund: Rohit Seksaria, Shalav Saket.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.