Sundaram ELSS Tax Saver Fund

ELSSDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Sundaram ELSS Tax Saver Fund is an ELSS fund run by Sundaram Mutual Fund. On 30-09-2026, it managed ₹1,212 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.0% a year and its Regular plan returned 7.4% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.

NAV (Direct plan): ₹501.52; ▼ 0.28%30-10-2026
NAV (Regular plan): ₹465.82; ▼ 0.28%30-10-2026
Expense ratio: 1.78%Direct2.32%Regular; 1.78%; A year
Riskometer: Very High; Set by the fund house
3 year return: 8.0%Direct7.4%Regular; 8.0%; A year

Sundaram ELSS Tax Saver Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹501.52 (down 0.28% that day); Regular Plan Growth ₹465.82 (down 0.28% that day).

This fund (Direct plan)

₹501.5153

Sundaram ELSS Tax Saver Fund Returns vs Nifty 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.26%	−6.55%	−5.54%	−10.84%	+7.98%	--	--
This fund (Regular)	−1.30%	−6.68%	−5.79%	−11.34%	+7.40%	--	--
Nifty 500 TRI	−0.75%	−6.05%	−2.83%	−7.34%	+10.22%	+8.81%	+12.51%
ELSS average	−2.34%	−5.61%	−1.63%	−5.75%	+10.92%	--	--
Best in ELSS	+1.27%	−1.66%	+5.11%	+2.97%	+19.52%	--	--
Worst in ELSS	−8.36%	−10.02%	−7.36%	−11.32%	+2.93%	--	--
Rank in ELSS	21/50	35/50	48/50	48/50	44/49	--	--

Category rows compare the Direct plans of 50 ELSS funds. Rank 1 is the highest return.

Sundaram ELSS Tax Saver Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty 500 TRI
2026to date	−11.43%	−11.84%	−7.51%
2025	+8.29%	+7.73%	+7.76%
2024	+16.41%	+15.77%	+16.24%
2023	+25.16%	+24.46%	+26.91%

Sundaram ELSS Tax Saver Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 449 periods, one for each trading day from 03-01-2025 to 30-10-2026.

0%5%10%15%20%25%

Feb 2022
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026

Sundaram ELSS Tax Saver Fund (Direct)Nifty 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	940	10.0%	−12.1%	40.3%	15%	9.4%	45%
2 years	695	17.2%	−4.8%	30.2%	6%	18.3%	9%
3 years	449	14.7%	6.6%	21.4%	0%	15.4%	8%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	46	10.2%	−16.0%	38.7%	22%	10.8%	39%
2 years	34	12.2%	−6.1%	31.8%	9%	11.8%	32%
3 years	22	13.3%	−0.6%	19.1%	5%	13.6%	14%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.

Sundaram ELSS Tax Saver Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Sundaram ELSS Tax Saver Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	−10.84%	−7.34%
Standard deviation	14.33%	14.48%
Sharpe ratio	-1.12	-0.87
Sortino ratio	-1.49	-1.16
Maximum drawdown	−15.3% (31-03-2026)	−14.7% (30-03-2026)
Beta	0.98	1.00
Alpha	−3.79%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Sundaram ELSS Tax Saver Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+7.98%	+10.22%
Standard deviation	13.10%	14.30%
Sharpe ratio	0.15	0.29
Sortino ratio	0.20	0.40
Maximum drawdown	−15.9% (28-02-2025)	−18.6% (28-02-2025)
Beta	0.90	1.00
Alpha	−1.81%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Sundaram ELSS Tax Saver Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+7.93%	+8.95%
Standard deviation	13.41%	14.27%
Sharpe ratio	0.15	0.21
Sortino ratio	0.21	0.29
Maximum drawdown	−16.7% (20-06-2022)	−18.6% (28-02-2025)
Beta	0.92	1.00
Alpha	−0.78%	0.00%

From daily NAVs, 03-01-2022 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−20%−15%−10%−5%0%

2023202420252026

Sundaram ELSS Tax Saver Fund (Direct)Nifty 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Sundaram ELSS Tax Saver Fund (Direct)	−16.7%	17-01-2022	20-06-2022	09-09-2022	3 months	−12.1%
Nifty 500 TRI	−18.6%	26-09-2024	28-02-2025	Not yet	--	−8.8%

From the Direct plan's daily NAV since 03-01-2022, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Sundaram ELSS Tax Saver Fund vs Other ELSS Funds

The five ELSS funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Motilal Oswal ELSS Tax Saver Fund	1/49	4,890	0.97%	+0.93%	+19.52%	+8.70%	1.14	0.70	0.95	Compare
SBI Long Term Advantage Fund - Series V	2/49	366	1.27%	−5.06%	+18.92%	+9.24%	0.94	0.85	1.18	Compare
JM ELSS - Tax Saver Fund	3/49	240	1.34%	−1.27%	+15.60%	+5.41%	1.08	0.60	0.80	Compare
WhiteOak Capital ELSS Tax Saver Fund	4/49	481	0.86%	−2.32%	+15.53%	+5.78%	0.96	0.67	0.92	Compare
HSBC ELSS Tax saver Fund	5/49	3,974	1.22%	−3.32%	+15.09%	+4.39%	1.12	0.55	0.74	Compare
Sundaram ELSS Tax Saver Fund	44/49	1,212	1.78%	−10.84%	+7.98%	−1.81%	0.90	0.15	0.20

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Sundaram ELSS Tax Saver Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	ELSS median	Cost rank (1 = cheapest)
Direct	1.41%	0.04%	0.00%	0.33%	1.78%	1.11%	46/49
Regular	1.88%	0.04%	0.00%	0.40%	2.32%	1.96%	33/50

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the ELSS funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−11.34%	−10.84%	0.50%	₹88,660	₹89,160
3 years	7.40%	7.98%	0.58% a year	₹1,23,883	₹1,25,901

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Sundaram ELSS Tax Saver Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planSundaram ELSS Tax Saver Fund (Direct)	₹5,80,000	₹6,62,791	₹82,791	5.5%
Regular planSundaram ELSS Tax Saver Fund (Regular)	₹5,80,000	₹6,53,038	₹73,038	4.9%
Nifty 500 TRI	₹5,80,000	₹6,93,432	₹1,13,432	7.3%
Category averageCategory average, 49 ELSS funds	₹5,80,000	₹7,19,471	₹1,39,471	8.9%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planSundaram ELSS Tax Saver Fund (Direct)Regular planSundaram ELSS Tax Saver Fund (Regular)Nifty 500 TRICategory averageCategory average, 49 ELSS fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 ELSS Tax Saver Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.8%Equity

Asset	Fund	Category
Equity	97.8%	96.3%
Cash and others	2.2%	3.1%

Market cap of stocks

Market cap	Fund	Category
Large Cap	61.7%	47.5%
Mid Cap	15.5%	18.4%
Small Cap	20.6%	29.4%
Not on AMFI's list	0.1%	1.2%

Share of the whole fund. Category: the average of the ELSS funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Sundaram ELSS Tax Saver Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks27.3%
Automobiles5.7%
Industrial Products5.2%
It - Software5.0%
Construction4.5%
Telecom - Services3.7%
Retailing3.4%
Petroleum Products3.4%
Cement & Cement Products3.4%
Electrical Equipment3.1%

The ten largest of 30 sectors. The other 20 add up to 33.1%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	27.0%	27.5%	27.3%	+0.3%
Automobiles	5.8%	5.7%	5.7%	−0.1%
Industrial Products	5.2%	4.7%	5.2%	0.0%
It - Software	6.7%	5.5%	5.0%	−1.7%
Construction	4.2%	4.5%	4.5%	+0.3%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Sundaram ELSS Tax Saver Fund Portfolio Holdings

As on 30-09-2026 · 55 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
ICICI Bank Ltd	Banks	6.44%	0.0%
HDFC Bank Ltd	Banks	5.78%	0.0%
Axis Bank Ltd	Banks	4.42%	0.0%
Kirloskar Oil Engines Ltd	Industrial Products	3.73%	0.0%
Bharti Airtel Ltd	Telecom - Services	3.72%	0.0%
State Bank of India	Banks	3.58%	0.0%
Larsen & Toubro Ltd	Construction	3.47%	0.0%
Reliance Industries Ltd	Petroleum Products	3.39%	0.0%
Kotak Mahindra Bank Ltd	Banks	3.27%	0.0%
Infosys Ltd	It - Software	2.86%	−6.7%
Ultratech Cement Ltd	Cement & Cement Products	2.35%	0.0%
Mahindra & Mahindra Ltd	Automobiles	2.22%	0.0%
Eternal Ltd (Previously Zomato Ltd)	Retailing	2.17%	0.0%
Force Motors Ltd	Automobiles	1.97%	0.0%
IndusInd Bank Ltd	Banks	1.82%	0.0%
Thermax Ltd	Electrical Equipment	1.70%	+6.1%
NTPC LTD	Power	1.67%	0.0%
Zydus Lifesciences Ltd	Pharmaceuticals & Biotechnology	1.56%	0.0%
TATA Motors Ltd	Agricultural, Commercial & Construction Vehicles	1.53%	0.0%
Cummins India Ltd	Industrial Products	1.46%	0.0%
TVS Motor Company Ltd	Automobiles	1.46%	0.0%
Alkem Laboratories Ltd	Pharmaceuticals & Biotechnology	1.45%	0.0%
Elecon Engineering Company Ltd	Electrical Equipment	1.44%	0.0%
United Spirits Ltd	Beverages	1.42%	0.0%
Affle (India) Ltd	It - Services	1.41%	0.0%
Interglobe Aviation Ltd	Transport Services	1.40%	0.0%
GAIL (India) Ltd	Gas	1.38%	0.0%
Devyani international limited	Leisure Services	1.37%	0.0%
ITC Ltd	Diversified Fmcg	1.37%	0.0%
The Phoenix Mills Ltd	Realty	1.36%	0.0%
HCL Technologies Ltd	It - Software	1.34%	0.0%
Hindustan Aeronautics Ltd	Aerospace & Defense	1.31%	0.0%
Indegene Limited	Healthcare Services	1.31%	0.0%
Swiggy Ltd	Retailing	1.25%	+11.4%
Tata Steel Ltd	Ferrous Metals	1.22%	+15.9%
360 ONE WAM Ltd (Prev IIFL Wealth Management Ltd)	Capital Markets	1.20%	0.0%
Tata Capital Ltd	Finance	1.19%	0.0%
Ceat Ltd	Auto Components	1.19%	0.0%
Delhivery Ltd	Transport Services	1.15%	0.0%
Whirlpool of India Ltd	Consumer Durables	1.12%	0.0%
Jubilant Foodworks Ltd	Leisure Services	1.11%	0.0%
Union Bank of India	Banks	1.09%	0.0%
Mahindra & Mahindra Financial Services Ltd	Finance	1.09%	0.0%
Kalpataru Projects International Ltd	Construction	1.06%	0.0%
Emami Ltd	Personal Products	1.05%	0.0%
JK Lakshmi Cement Ltd	Cement & Cement Products	1.00%	0.0%
Amber Enterprises India Ltd	Consumer Durables	0.96%	0.0%
IDFC First Bank Ltd	Banks	0.95%	−10.5%
Max Financial Services Ltd	Insurance	0.92%	0.0%
Billionbrains Garage Ventures Ltd	Capital Markets	0.86%	0.0%
Torrent Power Ltd	Power	0.79%	0.0%
LTIMindtree Ltd	It - Software	0.79%	0.0%
Amara Raja Energy & Mobility Ltd	Auto Components	0.69%	0.0%
Chennai Super Kings Ltd	Leisure Services	0.05%	0.0%
Virtual Dynamics Software Ltd		0.00%	0.0%

Sundaram ELSS Tax Saver Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Infosys Ltd	Reduced	−6.7%	2.86%
Thermax Ltd	Added	+6.1%	1.70%
Swiggy Ltd	Added	+11.4%	1.25%
Tata Steel Ltd	Added	+15.9%	1.22%
IDFC First Bank Ltd	Reduced	−10.5%	0.95%
Cipla Ltd	Sold out	−100%	was 0.74%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Sundaram ELSS Tax Saver Fund bought and sold

Sundaram ELSS Tax Saver Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Sundaram Flexicap FundFlexi Cap · Sundaram	97.8%	53	Compare
Sundaram Value FundValue and Contra · Sundaram	58.3%	27	Compare
Franklin India Flexi Cap FundFlexi Cap · Franklin Templeton	53.3%	21	Compare
Franklin India ELSS Tax Saver FundELSS · Franklin Templeton	52.3%	21	Compare
Canara Robeco Large Cap FundLarge Cap · Canara Robeco	50.9%	20	Compare
HSBC Large Cap FundLarge Cap · HSBC	49.9%	21	Compare
LIC MF BSE Sensex ETFETF · LIC	49.4%	17	Compare
Mirae Asset BSE Sensex ETFETF · Mirae Asset	49.4%	17	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Sundaram ELSS Tax Saver Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.78%
Expense ratio (Regular): 2.32%
Category: ELSS
Risk: Very High
Benchmark: Nifty 500 TRI
Launch date: 02-01-2013
Minimum investment: New Investor – Rs.500/-
Minimum additional investment: Existing Investor - Rs. 500/-
AUM: ₹1,212.49 Cr (30-09-2026)
Lock in: 3 years
Scheme code (Direct): 149570
ISIN (Direct): INF173K01HZ7
Scheme code (Regular): 149569
ISIN (Regular): INF173K01361
NAV history: From 03-01-2022, 4.8 years

Exit load: Nil

Tax on Sundaram ELSS Tax Saver Fund returns

Sundaram ELSS Tax Saver Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
Investing in it can be deducted from income under Section 80C, up to ₹1.5 lakh a year, in the old tax regime. Each investment is locked in for 3 years.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹501.5153	30-10-2026
direct	Income Distribution Cum Capital Withdrawal IDCW	₹480.2669	30-10-2026
regular	Growth	₹465.8194	30-10-2026
regular	Income Distribution Cum Capital Withdrawal IDCW	₹358.0808	30-10-2026

About Sundaram ELSS Tax Saver Fund

Sundaram ELSS Tax Saver Fund is a mutual fund from Sundaram Mutual Fund. Its category is ELSS. It was launched on 02-01-2013. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 55 securities.

Fund Manager

Bharath S
Fund manager of Sundaram ELSS Tax Saver Fund
Rohit Seksaria
Fund manager of Sundaram ELSS Tax Saver Fund
Shalav Saket
Fund manager of Sundaram ELSS Tax Saver Fund

See all funds of Sundaram Mutual Fund

AUM change

September 2026: ₹1,212.49 Cr; −5.64% from August 2026
August 2026: ₹1,284.96 Cr; −0.86% from July 2026
July 2026: ₹1,296.05 Cr; +1.20% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Sundaram ELSS Tax Saver Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Sundaram ELSS Tax Saver Fund

What is the current NAV of Sundaram ELSS Tax Saver Fund?

The Direct plan NAV is ₹501.5153. The Regular plan NAV is ₹465.8194, as on 30-10-2026.

What are the returns of Sundaram ELSS Tax Saver Fund?

The Direct plan returned −10.84% in 1 year, +7.98% a year over 3 years. The Regular plan returned −11.34% in 1 year, +7.40% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Sundaram ELSS Tax Saver Fund?

The Direct plan charges 1.78% a year. The Regular plan charges 2.32% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of Sundaram ELSS Tax Saver Fund?

Sundaram ELSS Tax Saver Fund managed ₹1,212.49 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Sundaram ELSS Tax Saver Fund?

At the end of September 2026 the largest holdings were ICICIBANK (6.44%), HDFCBANK (5.78%), AXISBANK (4.42%), KIRLOSENG (3.73%), BHARTIARTL (3.72%). The fund held 55 securities in all.

What did Sundaram ELSS Tax Saver Fund buy and sell in September 2026?

It sold out of 1: Cipla Ltd. It added shares in 3. It reduced 2.

How do I invest in Sundaram ELSS Tax Saver Fund?

Through Sundaram Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least New Investor – Rs.500/-. You can invest once or through a monthly SIP.

Who is the fund manager of Sundaram ELSS Tax Saver Fund?

Bharath S, Rohit Seksaria, Shalav Saket.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.