Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth

• Alpha -1.58%
• Beta 1.23
• Sharpe Ratio1.81
• Std Deviation 17.33%
• Tracking Error 15.44%

The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap and from income tax benefit available. For the purpose investment by the scheme ‘micro cap’ stock is defined as one whose market cap is equal to or lower than the 301stStock by market cap (after sorting the securities in the descending order of market capitalization) on the National Stock exchange of India limited, mumbai, at the time of investment. however, there is no guarantee or assurance that the investment objective of the scheme will be achieved

The Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth has an AUM of 37.92 crores & has delivered CAGR of 23.26% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.43%. The minimum investment in Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth is Rs 5000 and the minimum SIP is Rs 0.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Safari Industries India, Treps, Angel One & Equitas Small Finance Bank.

The major sectors where the fund is invested are Investment Services, Constr. - Supplies & Fixtures, Misc. Capital Goods & Apparel/Accessories.

Some of the similar funds are Sundaram Long Term Tax Advantage Fund Series III Regular Growth, Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth, ICICI Prudential Long Term Wealth Enhancement Fund Growth, Groww ELSS Tax Saver Growth, Shriram Long Term Equity Fund Regular Growth. Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth has a sharpe ratio of 1.81 & a standard deviation of 17.33%.