Which funds are similar to Sundaram ELSS Tax Saver Fund Direct?
Funds similar to Sundaram ELSS Tax Saver Fund Direct in the Equity: ELSS category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Sundaram ELSS Tax Saver Fund Direct compare to the category average?
The comparison of Sundaram ELSS Tax Saver Fund Direct against the Equity: ELSS category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Sundaram ELSS Tax Saver Fund Direct in its category?
The rank of Sundaram ELSS Tax Saver Fund Direct within the Equity: ELSS category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Sundaram ELSS Tax Saver Fund Direct?
Top alternatives to Sundaram ELSS Tax Saver Fund Direct in the Equity: ELSS category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — NIFTY 500 Total Return Index — are also listed separately.
How does Sundaram ELSS Tax Saver Fund Direct's expense ratio compare to similar funds?
The expense ratio of Sundaram ELSS Tax Saver Fund Direct is 1.79%. Over a 20-year investment, a 0.5% difference in expense ratio on a ₹10 lakh corpus can amount to lakhs in additional wealth creation.
How does Sundaram ELSS Tax Saver Fund Direct's AUM compare to similar funds?
Sundaram ELSS Tax Saver Fund Direct has an AUM of ₹ 1.26 k Cr. AUM reflects investor confidence. For small cap funds, very large AUM can limit portfolio flexibility.
Which fund has the best 3-year returns in the Equity: ELSS category?
The top-performing funds by 3-year returns in the Equity: ELSS category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Sundaram ELSS Tax Saver Fund Direct better than index funds in the same category?
Whether Sundaram ELSS Tax Saver Fund Direct beats index funds in the Equity: ELSS category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Sundaram ELSS Tax Saver Fund Direct has an alpha of -1.08%, indicating underperformance vs the benchmark. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Sundaram ELSS Tax Saver Fund Direct rank in risk-adjusted returns vs peers?
Sundaram ELSS Tax Saver Fund Direct has a Sharpe ratio of 0.38 and alpha of -1.08%. A Sharpe of 0.38 means the fund generates moderate returns per unit of risk. Risk-adjusted comparison across category peers — Sharpe, alpha and beta — is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking NIFTY 500 Total Return Index with lower costs?
Funds tracking the same benchmark as Sundaram ELSS Tax Saver Fund Direct — NIFTY 500 Total Return Index — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.
