Sundaram Long Term Tax Advantage Fund Series IV vs Sundaram Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Long Term Tax Advantage Fund Series IV is an ELSS fund and Sundaram Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, Sundaram Long Term Tax Advantage Fund Series IV (Direct) returned 9.5% a year and Sundaram Small Cap Fund (Direct) returned 14.1% a year. Sundaram Long Term Tax Advantage Fund Series IV charges 1.04% a year and Sundaram Small Cap Fund 1.00% (Direct plans). Their portfolios overlap 46.4%: they hold 30 of the same securities.
Sundaram Long Term Tax Advantage Fund Series IV
ELSS
- 3 year return
- 9.5%
- Expense ratio
- 1.04%
- NAV
- ₹33.53
Sundaram Small Cap Fund
Small Cap
- 3 year return
- 14.1%
- Expense ratio
- 1.00%
- NAV
- ₹305.54
Which is better, Sundaram Long Term Tax Advantage Fund Series IV or Sundaram Small Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Small Cap returned more over 5 years: 14.4% a year against 13.9%.
- Sundaram Small Cap returned more over 3 years: 14.1% a year against 9.5%.
- Sundaram Small Cap costs less: 1.00% a year against 1.04% (Direct plans).
- Sundaram Long Term Tax Advantage Fund Series IV swung less over 3 years: a standard deviation of 16.4% a year against 16.6%.
- Sundaram Long Term Tax Advantage Fund Series IV fell less in its worst fall since 05-07-2018: −42.3% against −45.7%.
- Sundaram Small Cap is the larger fund: ₹4,107 Cr against ₹22 Cr.
- Their portfolios overlap 46.4%: 30 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 IV | Sundaram Small Cap Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | ELSS | Small Cap |
| AUM | ₹22 Cr (30-09-2026) | ₹4,107 Cr (30-09-2026) |
| NAV | ₹33.53 (Direct) | ₹305.54 (Direct) |
| Expense ratio (Direct) | 1.04% | 1.00% |
| Expense ratio (Regular) | 1.24% | 2.03% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty Smallcap 250 TRI |
| Launch date | 29-06-2018 | 01-02-2005 |
| Minimum investment | For both Regular and Direct Plan Rs 500/- | New Investor – Rs.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 IV vs Sundaram Small Cap: 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 IV (Direct) | −8.36% | −10.02% | −5.09% | −4.32% | +9.50% | +13.89% | -- |
| Sundaram Small Cap Fund (Direct) | −6.68% | −4.22% | +1.89% | +2.90% | +14.11% | +14.43% | +13.71% |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 50 ELSS funds and the 36 Small Cap funds, same plan type.
Sundaram Long Term Tax Advantage Fund Series IV vs Sundaram Small Cap: Year-wise Returns
| Year | Long Term Tax Advantage Fund Series IVSundaram Long Term Tax Advantage Fund Series IV | Small CapSundaram Small Cap |
|---|---|---|
| 2026to date | −2.34% | +5.79% |
| 2025 | +5.21% | +1.48% |
| 2024 | +12.46% | +20.41% |
| 2023 | +51.00% | +46.91% |
| 2022 | +5.36% | −0.92% |
| 2021 | +69.04% | +61.97% |
Sundaram Long Term Tax Advantage Fund Series IV vs Sundaram Small Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Sundaram Long Term Tax Advantage Fund Series IV
Rolling returns
Every 3-year holding period, 1,311 of them, one for each trading day from 05-07-2021 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 IV (Direct)
Sundaram Small Cap Fund (Direct)
BSE 500 TRI
to
Dec 2021Nov 2019
to
Nov 2022Sept 2020
to
Sept 2023Aug 2021
to
Aug 2024Jul 2022
to
Jul 2025May 2023
to
May 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 IV | 0.0 | 0.0 | 0.5 | 3.0 | 25.3 | 28.1 | 43.2 | 26.2% | 23.5% | 8.8% | 48.0% | 99% |
| Sundaram Small Cap | 0.0 | 0.0 | 0.0 | 1.3 | 21.5 | 32.0 | 45.2 | 25.2% | 24.0% | 13.3% | 45.2% | 100% |
| BSE 500 TRI | 0.0 | 0.0 | 1.8 | 20.9 | 49.6 | 21.0 | 6.7 | 18.0% | 17.8% | 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 05-07-2018. Past returns do not promise future returns.
Sundaram Long Term Tax Advantage Fund Series IV vs Sundaram Small Cap: 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 05-07-2018 to 30-10-2026: 100 instalments, ₹10,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IVSundaram Long Term Tax Advantage Fund Series IV (Direct) | ₹10,00,000 | ₹21,65,169 | ₹11,65,169 | 18.0% |
| Sundaram Small CapSundaram Small Cap Fund (Direct) | ₹10,00,000 | ₹22,77,828 | ₹12,77,828 | 19.1% |
Sundaram Long Term Tax Advantage Fund Series IVSundaram Long Term Tax Advantage Fund Series IV (Direct)
Sundaram Small CapSundaram Small Cap 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 IV vs Sundaram Small Cap: 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 IV (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.32% | +2.90% |
| Standard deviation | 17.58% | 17.68% |
| Sharpe ratio | -0.54 | -0.13 |
| Sortino ratio | -0.76 | -0.19 |
| Maximum drawdown | −15.4% (23-03-2026) | −16.1% (23-03-2026) |
| Beta | 1.05 | 0.93 |
| Alpha | +4.00% | +5.47% |
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 IV (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.50% | +14.11% |
| Standard deviation | 16.35% | 16.61% |
| Sharpe ratio | 0.21 | 0.49 |
| Sortino ratio | 0.29 | 0.66 |
| Maximum drawdown | −22.1% (03-03-2025) | −23.8% (03-03-2025) |
| Beta | 0.97 | 0.83 |
| Alpha | −0.27% | +2.83% |
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 IV (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.89% | +14.43% |
| Standard deviation | 15.95% | 15.86% |
| Sharpe ratio | 0.51 | 0.54 |
| Sortino ratio | 0.68 | 0.73 |
| Maximum drawdown | −22.1% (03-03-2025) | −23.8% (03-03-2025) |
| Beta | 0.94 | 0.82 |
| Alpha | +5.42% | +2.65% |
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 IV (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.62% | +17.09% |
| Standard deviation | 16.96% | 17.71% |
| Sharpe ratio | 0.61 | 0.62 |
| Sortino ratio | 0.80 | 0.83 |
| Maximum drawdown | −42.3% (24-03-2020) | −57.1% (24-03-2020) |
| Beta | 0.83 | -- |
| Alpha | +4.59% | -- |
From daily NAVs, 05-07-2018 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 IV (Direct)
Sundaram Small Cap 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 IV (Direct) | −42.3% | 28-05-2019 | 24-03-2020 | 14-12-2020 | 9 months | −13.4% |
| Sundaram Small Cap Fund (Direct) | −45.7% | 10-07-2018 | 24-03-2020 | 07-12-2020 | 8 months | −9.5% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 05-07-2018, 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 IV (Direct)
Sundaram Small Cap 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 IV (Direct)
Sundaram Small Cap 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 IV (Direct)
Sundaram Small Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IV (Direct) | 111% | 92% | 10.81% |
| Sundaram Small Cap Fund (Direct) | 118% | 102% | 10.63% |
From month-end values since 05-07-2018. 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 IV vs Sundaram Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Long Term Tax Advantage Fund Series IV, September 2026; Sundaram Small Cap Fund, September 2026
Holdings in common
- Overlap
- 46.4%
- Held by both
- 30
- Only in Sundaram Long Term Tax Advantage Fund Series IV
- 9
- Only in Sundaram Small Cap
- 45
| Security | % of Sundaram Long Term Tax Advantage Fund Series IV | % of Sundaram Small Cap |
|---|---|---|
| MTAR Technologies Ltd | 7.64% | 5.03% |
| Rate Gain Travel Technologies Ltd | 3.84% | 3.18% |
| Eternal Ltd (Previously Zomato Ltd) | 4.11% | 3.16% |
| Aster DM Healthcare Ltd | 6.89% | 2.83% |
| Affle (India) Ltd | 4.60% | 2.62% |
| Safari Industries (India) Ltd | 3.73% | 2.24% |
| PNB Housing Finance Ltd | 1.97% | 2.61% |
| Cholamandalam Financial Holdings Ltd | 1.58% | 1.92% |
| Brigade Enterprises Ltd | 2.79% | 1.54% |
| KSB LTD | 4.35% | 1.50% |
| Venus Pipes & Tubes Ltd | 1.90% | 1.46% |
| Ujjivan Small Finance Bank Ltd | 4.38% | 1.45% |
| Green Panel Industries Ltd | 3.13% | 1.42% |
| Angel One Ltd | 2.52% | 1.41% |
| Elecon Engineering Company Ltd | 1.23% | 1.21% |
| Equitas Small Finance Bank Limited | 3.23% | 1.20% |
| EID Parry India Ltd | 1.19% | 2.02% |
| Natco Pharma Ltd | 1.44% | 1.11% |
| Bandhan Bank Ltd | 1.13% | 1.11% |
| Amber Enterprises India Ltd | 1.09% | 1.12% |
| Granules India Ltd | 1.06% | 1.03% |
| Sapphire Foods India Ltd | 2.96% | 1.00% |
| Clean Science & Technology Ltd | 0.96% | 1.45% |
| Aavas Financiers Ltd | 0.95% | 1.42% |
| CSB Bank Ltd | 3.21% | 0.94% |
| RHI Magnesita India Ltd | 1.50% | 0.93% |
| Westlife Foodworld Ltd | 1.39% | 0.76% |
| R Systems International Ltd | 0.96% | 0.69% |
| Ganesha Ecosphere Ltd | 0.94% | 0.53% |
| Birlasoft Ltd | 0.95% | 0.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.4% means 46.4% 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 IV
| Security | % of fund |
|---|---|
| TVS Holdings Ltd | 3.93% |
| Procter & Gamble Health Ltd | 3.19% |
| KEI Industries Ltd | 3.17% |
| SIS Ltd | 2.56% |
| JK Cement Ltd | 2.20% |
Largest holdings only in Sundaram Small Cap Fund
| Security | % of fund |
|---|---|
| S.J.S. Enterprises Ltd | 3.17% |
| DCB Bank Ltd | 2.09% |
| Interglobe Aviation Ltd | 2.08% |
| Craftsman Automation Ltd | 1.96% |
| Axis Bank Ltd | 1.86% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Long Term Tax Advantage Fund Series IV | Sundaram Small Cap |
|---|---|---|
| Equity | 97.6% | 95.9% |
| Debt | 0.0% | 0.8% |
| Cash and others | 2.4% | 3.4% |
Market cap of stocks
| Market cap | Sundaram Long Term Tax Advantage Fund Series IV | Sundaram Small Cap |
|---|---|---|
| Large Cap | 4.1% | 9.9% |
| Mid Cap | 12.3% | 6.0% |
| Small Cap | 81.2% | 77.7% |
| Not on AMFI's list | 0.0% | 2.3% |
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 IV | Sundaram Small Cap |
|---|---|---|
| Industrial Products | 12.5% | 5.8% |
| Banks | 11.9% | 8.7% |
| Finance | 9.3% | 8.3% |
| Electrical Equipment | 8.9% | 6.9% |
| Consumer Durables | 8.8% | 6.3% |
| Auto Components | 0.0% | 8.1% |
| Healthcare Services | 6.9% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Long Term Tax Advantage Fund Series IV vs Sundaram Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Long Term Tax Advantage Fund Series IV | Sundaram Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | 1.00% |
| Base expense ratio (Direct) | 0.83% | 0.74% |
| Total expense ratio (Regular) | 1.24% | 2.03% |
| Base expense ratio (Regular) | 1.00% | 1.64% |
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 IV vs Sundaram Small Cap Fund: Frequently Asked Questions
What is the difference between Sundaram Long Term Tax Advantage Fund Series IV and Sundaram Small Cap Fund?
Sundaram Long Term Tax Advantage Fund Series IV is an ELSS fund, Sundaram Small Cap Fund is a Small Cap fund, run by Sundaram Mutual Fund. Their portfolios overlap 46.4%. Sundaram Long Term Tax Advantage Fund Series IV charges 1.04% a year and Sundaram Small Cap Fund 1.00%.
Which has given higher returns, Sundaram Long Term Tax Advantage Fund Series IV or Sundaram Small Cap Fund?
Over 1 year: Sundaram Long Term Tax Advantage Fund Series IV −4.32%, Sundaram Small Cap Fund +2.90%. Over 3 years: Sundaram Long Term Tax Advantage Fund Series IV +9.50% a year, Sundaram Small Cap Fund +14.11% a year. Over 5 years: Sundaram Long Term Tax Advantage Fund Series IV +13.89% a year, Sundaram Small Cap Fund +14.43% 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 IV or Sundaram Small Cap Fund?
Sundaram Small Cap Fund charges less: 1.00% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Long Term Tax Advantage Fund Series IV and Sundaram Small Cap Fund overlap?
46.4%. They hold 30 of the same securities, the largest shared ones being MTARTECH, RATEGAIN, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Long Term Tax Advantage Fund Series IV or Sundaram Small Cap Fund?
On SEBI's riskometer, Sundaram Long Term Tax Advantage Fund Series IV is rated Very High and Sundaram Small Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 16.35% and 16.61% a year.
Which is better for SIP, Sundaram Long Term Tax Advantage Fund Series IV or Sundaram Small Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,07,218 in Sundaram Long Term Tax Advantage Fund Series IV (XIRR 11.0% a year) and ₹8,72,824 in Sundaram Small Cap Fund (XIRR 14.1% 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 IV and Sundaram Small Cap Fund?
Yes. 46.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Sundaram Long Term Tax Advantage Fund Series IV and Sundaram Small Cap Fund?
Sundaram Long Term Tax Advantage Fund Series IV: Rohit Seksaria. Sundaram Small Cap 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.