Sundaram Diversified Equity Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 18
Rating
Growth Option 21-05-2025
NAV ₹215.05(R) +0.56% ₹227.61(D) +0.56%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 8.01% 16.34% 23.61% 11.3% 11.45%
Direct 8.59% 17.0% 24.27% 11.86% 11.99%
Nifty 500 TRI 8.25% 19.16% 26.19% 15.19% 13.86%
SIP (XIRR) Regular 4.54% 13.91% 15.55% 14.81% 12.94%
Direct 5.09% 14.55% 16.21% 15.42% 13.51%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.54 0.28 0.54 0.25% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.1% -16.04% -14.97% 0.86 9.2%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
Sundaram Diversified Equity (ELSS) Regular Plan - Income Distribution cum Capital Withdrawal (IDCW) 16.67
0.0900
0.5600%
Sundaram Diversified Equity (ELSS) Direct Plan - Income Distribution cum Capital Withdrawal (IDCW) 20.24
0.1100
0.5600%
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 215.05
1.2000
0.5600%
Sundaram Diversified Equity (ELSS) Direct Plan - Growth 227.61
1.2800
0.5600%

Review Date: 21-05-2025

Beginning of Analysis

Sundaram Diversified Equity is the 18th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 3 star rating shows an average past performance of the Sundaram Diversified Equity in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 0.25% which is lower than the category average of 1.82%, showing poor performance. The fund has a Sharpe Ratio of 0.54 which is lower than the category average of 0.66.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Sundaram Diversified Equity Return Analysis

The Sundaram Diversified Equity has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 1.88%, 7.81 and 4.52 in last one, three and six months respectively. In the same period the category average return was 3.13%, 9.46% and 2.65% respectively.
  • Sundaram Diversified Equity has given a return of 8.59% in last one year. In the same period the Nifty 500 TRI return was 8.25%. The fund has given 0.34% more return than the benchmark return.
  • The fund has given a return of 17.0% in last three years and rank 32nd out of 35 funds in the category. In the same period the Nifty 500 TRI return was 19.16%. The fund has given 2.16% less return than the benchmark return.
  • Sundaram Diversified Equity has given a return of 24.27% in last five years and category average returns is 26.62% in same period. The fund ranked 25th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 26.19%. The fund has given 1.92% less return than the benchmark return.
  • The fund has given a return of 11.99% in last ten years and ranked 23rd out of 25 funds in the category. In the same period the Nifty 500 TRI return was 13.86%. The fund has given 1.87% less return than the benchmark return.
  • The fund has given a SIP return of 5.09% in last one year whereas category average SIP return is 4.21%. The fund one year return rank in the category is 20th in 41 funds
  • The fund has SIP return of 14.55% in last three years and ranks 34th in 35 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (29.06%) in the category in last three years.
  • The fund has SIP return of 16.21% in last five years whereas category average SIP return is 19.44%.

Sundaram Diversified Equity Risk Analysis

  • The fund has a standard deviation of 13.1 and semi deviation of 9.2. The category average standard deviation is 14.37 and semi deviation is 10.35.
  • The fund has a Value at Risk (VaR) of -16.04 and a maximum drawdown of -14.97. The category average VaR is -18.42 and the maximum drawdown is -17.44. The fund has a beta of 0.87 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Sundaram Diversified Equity NAV Regular Growth Sundaram Diversified Equity NAV Direct Growth
    21-05-2025 215.0512 227.6089
    20-05-2025 213.8493 226.3335
    19-05-2025 216.1149 228.7282
    16-05-2025 216.1033 228.7061
    15-05-2025 215.8941 228.4815
    14-05-2025 213.056 225.4746
    13-05-2025 212.6497 225.0415
    12-05-2025 214.8374 227.3534
    09-05-2025 208.1119 220.2267
    08-05-2025 209.9379 222.1558
    07-05-2025 211.9858 224.3197
    06-05-2025 211.3959 223.6923
    02-05-2025 211.5186 223.8094
    30-04-2025 210.9958 223.2499
    28-04-2025 211.6516 223.9374
    25-04-2025 209.5137 221.6659
    24-04-2025 211.9906 224.2833
    23-04-2025 212.4284 224.7432
    22-04-2025 211.5393 223.7994
    21-04-2025 211.1828 223.4191

    Fund Launch Date: 22/Nov/1999
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lockin period shall apply in line with the regulation for ELSS schemes.
    Fund Description: Open ended Fund ELSS
    Fund Benchmark: S&P BSE 200 Total Return Index Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.