Which funds are similar to Sundaram ELSS Tax Saver Fund Direct?
Funds similar to Sundaram ELSS Tax Saver Fund Direct in the Equity: ELSS - Tax Saver category include Axis ELSS - Tax Saver Direct-Growth, SBI ELSS Tax Saver Fund Direct-Growth, and Mirae Asset ELSS Tax Saver Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Sundaram ELSS Tax Saver Fund Direct in its category?
On a 3-year return basis Sundaram ELSS Tax Saver Fund Direct is ranked 32 out of 38 funds in the Equity: ELSS - Tax Saver category as of 21 Oct 2026. On a 5-year return basis it ranks 28 out of 33. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Sundaram ELSS Tax Saver Fund Direct's expense ratio compare to similar funds?
Sundaram ELSS Tax Saver Fund Direct has an expense ratio of 1.78%. The peers Axis ELSS - Tax Saver Direct-Growth has an expense ratio of 1.05% and SBI ELSS Tax Saver Fund Direct-Growth has 1.23%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Sundaram ELSS Tax Saver Fund Direct's AUM compare to similar funds?
Sundaram ELSS Tax Saver Fund Direct has an AUM of ₹1,212.48 crore. The peers Axis ELSS - Tax Saver Direct-Growth has an AUM of ₹30,269.1 crore and SBI ELSS Tax Saver Fund Direct-Growth has ₹30,026.6 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: ELSS - Tax Saver?
The top performing fund in the Equity: ELSS - Tax Saver category on a 3-year basis is Motilal Oswal ELSS Tax Saver Fund Direct-Growth with a CAGR of 18.44% as of 21 Oct 2026. Sundaram ELSS Tax Saver Fund Direct has delivered 7.00% CAGR over the same period, ranking 32 out of 38 funds. You can view and compare the full category ranking on sharpely.
How does Sundaram ELSS Tax Saver Fund Direct rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Sundaram ELSS Tax Saver Fund Direct has a Sharpe ratio of 0.18 compared to the Equity: ELSS - Tax Saver average of 0.36 as of 21 Oct 2026. It ranks 43 out of 50 funds in its category on Sharpe ratio.
