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Sundaram ELSS Tax Saver Fund - NAV, Returns, Investment Details & Tax Benefits

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Invest in Sundaram ELSS Tax Saver Fund and get tax benefits up to ₹1.5 lakh under Section 80C. Check latest NAV, returns, fund manager details and investment process with minimum SIP of ₹500.

Investment Objective and Approach

The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities. The scheme aims at providing returns through capital appreciation.

Sundaram ELSS Tax Saver Fund is an equity mutual fund that offers tax benefits under Section 80C with a 3-year lock-in. The fund focuses on diversified equity investments across various sectors to create long-term wealth while providing tax benefits to investors.

Key investment features include:

- Equity-oriented portfolio for long-term capital appreciation

- 3-year statutory lock-in period enabling long term wealth accumulation along with the benefit of tax saving, making investors eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961

- Performance is primarily benchmarked against the NIFTY 500 TRI with NIFTY 50 TRI serving as an addition

Fund Managers

The fund is currently managed by experienced professionals:

P V K Mohan - Current Fund Manager of Sundaram ELSS Tax Saver Fund

Bharath S. - B Com (H), MBA and ICWA qualified. Before joining Sundaram Mutual Fund he has worked with Navia Markets Ltd as an analyst

Rohit Seksaria - CS, CA & has done MBA from IIM Ahmedabad. Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd

The fund managers have extensive experience of 15 years while managing equity & related investments, focusing on picking quality companies and holding them for a long duration to generate good compounding returns.

About the Fund House (AMC)

Sundaram Asset Management Company is a subsidiary of Sundaram Finance Limited (SFL), one of the pioneers in the NBCF space. The AMC manages assets worth ₹65,593.02 Cr across 166 schemes as per the latest available data.

The fund house offers various fund plans to help individuals achieve their goals, and they can pick plans suiting their risk and reward factors. The company strives to make mutual funds available for a wide range of people.

Key highlights of Sundaram Mutual Fund:

- Established presence in the Indian mutual fund industry

- Wide range of investment solutions across asset classes

- Focus on making mutual fund investments accessible to diverse investor segments

- Strong institutional backing through Sundaram Finance Limited

Should I Invest in Sundaram ELSS Tax Saver Fund?

Performance Track Record:

- The fund has delivered a CAGR of 16% since inception

- 14.06% returns since inception according to another source

- Over the past five years, Sundaram ELSS Tax Saver Fund has delivered an annualised return of 21.72% as of 21-Jul-2025

Fund Characteristics:

- The scheme was made available to investors on 26 Feb 1996

- The fund currently has an Asset Under Management(AUM) of ₹71,486 Cr and the Latest NAV as of 13 Aug 2025 is ₹545.55

- The minimum investment required to start investing is ₹500 for the lump sum option and ₹500 for the SIP option

Investment Considerations:

- Suitable for investors seeking tax benefits under Section 80C

- 3-year lock-in period requires commitment to long-term investment

- The fund is rated Very High risk

- Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years

Tax Benefits:

- If mutual fund units are sold after 1 year from investment date, gains up to Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at 12.5%

- If units are sold within 1 year from investment date, entire amount of gain is taxed at 20%

FAQs

What is today's NAV of Sundaram ELSS Tax Saver Fund?

The Latest NAV as of 13 Aug 2025 is ₹545.55. NAV changes daily based on market movements and portfolio performance.

What is the AUM of Sundaram ELSS Tax Saver Fund?

The fund currently has an Asset Under Management(AUM) of ₹71,486 Cr as of August 2025, indicating strong investor confidence.

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

The fund has an expense ratio of 2.21 for the regular plan, while the direct plan typically has a lower expense ratio.

What are the returns of Sundaram ELSS Tax Saver Fund since inception?

The fund has delivered a CAGR of 16% since inception, demonstrating consistent long-term wealth creation potential.

What is the minimum SIP amount to invest in Sundaram ELSS Tax Saver Fund?

The minimum investment required is ₹500 for the SIP (Systematic Investment Plan) option, making it accessible for small investors.

How do I invest in Sundaram ELSS Tax Saver Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options with minimum investment of ₹500.

How to start a SIP in Sundaram ELSS Tax Saver Fund?

Through Allvest, you can start a SIP by setting up a monthly investment amount (minimum ₹500), selecting your preferred date, and completing the payment setup via bank mandate or UPI.

How do I automate an SIP in Sundaram ELSS Tax Saver Fund?

Allvest allows you to automate your SIP by setting up a bank mandate or UPI autopay, ensuring your monthly investment continues without manual intervention.

How can I withdraw/redeem my investment in Sundaram ELSS Tax Saver Fund?

The fund has a lock-in period of 3 years. After this period, you can redeem through Allvest platform or the fund house website by placing a redemption request.