Previously Known As : Sundaram Tax Savings Fund
Sundaram Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 18
Rating
Growth Option 13-03-2026
NAV ₹468.1(R) -2.31% ₹502.25(D) -2.31%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 4.78% 13.22% -% -% -%
Direct 5.35% 13.84% -% -% -%
Nifty 500 TRI 7.03% 15.05% 12.45% 13.56% 14.3%
SIP (XIRR) Regular -12.45% 3.45% -% -% -%
Direct -11.93% 4.05% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.85 0.41 0.63 -0.46% -0.48
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.25% -13.78% -15.01% 0.86 8.29%
Fund AUM As on: 30/12/2025 1395 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI ELSS Tax Saver Fund 1
DSP ELSS Tax Saver Fund 2
HDFC ELSS Tax Saver 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
Mirae Asset ELSS Tax Saver Fund 5
HSBC Elss Tax Saver Fund 6
Nippon India ELSS Tax Saver Fund 7
Tata ELSS Fund 8

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
Sundaram ELSS Tax Saver Fund Regular Plan - Half Yearly Income Distribution CUM Capital Withdrawal Option 375.39
-8.9000
-2.3100%
Sundaram ELSS Tax Saver Fund Regular Growth 468.1
-11.0900
-2.3100%
Sundaram ELSS Tax Saver Fund Direct Plan - Half Yearly Income Distribution CUM Capital Withdrawal Option 501.74
-11.8800
-2.3100%
Sundaram ELSS Tax Saver Fund Direct Plan Growth 502.25
-11.8900
-2.3100%

Review Date: 13-03-2026

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, Sundaram ELSS Tax Saver Fund is the 13th ranked fund. The category has total 35 funds. The 4 star rating shows a very good past performance of the Sundaram ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -0.46% which is lower than the category average of -1.0%, showing poor performance. The fund has a Sharpe Ratio of 0.85 which is higher than the category average of 0.8.
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 ELSS Tax Saver Fund Return Analysis

The Sundaram ELSS Tax Saver Fund 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 -9.5%, -10.89 and -8.61 in last one, three and six months respectively. In the same period the category average return was -8.23%, -9.81% and -8.42% respectively.
  • Sundaram ELSS Tax Saver Fund has given a return of 5.35% in last one year. In the same period the Nifty 500 TRI return was 7.03%. The fund has given 1.68% less return than the benchmark return.
  • The fund has given a return of 13.84% in last three years and rank 29th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 15.05%. The fund has given 1.21% less return than the benchmark return.
  • The fund has given a SIP return of -11.93% in last one year whereas category average SIP return is -11.02%. The fund one year return rank in the category is 27th in 42 funds
  • The fund has SIP return of 4.05% in last three years and ranks 26th in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (9.05%) in the category in last three years.

Sundaram ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 11.25 and semi deviation of 8.29. The category average standard deviation is 12.95 and semi deviation is 9.5.
  • The fund has a Value at Risk (VaR) of -13.78 and a maximum drawdown of -15.01. The category average VaR is -16.62 and the maximum drawdown is -17.56. The fund has a beta of 0.84 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

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -9.55 -8.21
    -8.32
    		-10.27 | -5.71 36 | 41 Poor
    3M Return % -11.03 -9.72
    -10.07
    		-13.81 | -4.81 33 | 41 Average
    6M Return % -8.87 -7.62
    -8.96
    		-15.09 | -4.98 21 | 41 Good
    1Y Return % 4.78 7.03
    4.60
    		-1.87 | 9.79 19 | 41 Good
    3Y Return % 13.22 15.05
    14.08
    		4.62 | 20.76 26 | 38 Average
    1Y SIP Return % -12.45
    -12.11
    		-20.64 | -5.69 23 | 41 Average
    3Y SIP Return % 3.45
    3.66
    		-6.30 | 7.95 22 | 38 Average
    Standard Deviation 11.25
    12.95
    		9.59 | 19.13 6 | 38 Very Good
    Semi Deviation 8.29
    9.50
    		6.93 | 14.90 6 | 38 Very Good
    Max Drawdown % -15.01
    -17.56
    		-28.24 | -9.56 9 | 38 Very Good
    VaR 1 Y % -13.78
    -16.62
    		-24.68 | -10.33 7 | 38 Very Good
    Average Drawdown % -3.44
    -5.73
    		-10.61 | -3.44 1 | 38 Very Good
    Sharpe Ratio 0.85
    0.80
    		0.06 | 1.35 13 | 38 Good
    Sterling Ratio 0.63
    0.61
    		0.18 | 0.94 13 | 38 Good
    Sortino Ratio 0.41
    0.40
    		0.06 | 0.76 13 | 38 Good
    Jensen Alpha % -0.46
    -1.00
    		-12.52 | 5.83 14 | 37 Good
    Treynor Ratio -0.48
    -0.43
    		-0.60 | -0.31 32 | 37 Poor
    Modigliani Square Measure % 17.06
    16.41
    		6.57 | 23.81 13 | 37 Good
    Alpha % -2.18
    -1.29
    		-10.64 | 7.62 24 | 37 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -9.50 -8.21 -8.23 -10.19 | -5.66 37 | 42 Poor
    3M Return % -10.89 -9.72 -9.81 -13.57 | -4.54 34 | 42 Poor
    6M Return % -8.61 -7.62 -8.42 -14.61 | -4.21 22 | 42 Good
    1Y Return % 5.35 7.03 5.85 -0.71 | 11.15 24 | 42 Average
    3Y Return % 13.84 15.05 15.32 6.13 | 22.20 29 | 38 Average
    1Y SIP Return % -11.93 -11.02 -19.68 | -4.51 27 | 42 Average
    3Y SIP Return % 4.05 4.85 -4.87 | 9.05 26 | 38 Average
    Standard Deviation 11.25 12.95 9.59 | 19.13 6 | 38 Very Good
    Semi Deviation 8.29 9.50 6.93 | 14.90 6 | 38 Very Good
    Max Drawdown % -15.01 -17.56 -28.24 | -9.56 9 | 38 Very Good
    VaR 1 Y % -13.78 -16.62 -24.68 | -10.33 7 | 38 Very Good
    Average Drawdown % -3.44 -5.73 -10.61 | -3.44 1 | 38 Very Good
    Sharpe Ratio 0.85 0.80 0.06 | 1.35 13 | 38 Good
    Sterling Ratio 0.63 0.61 0.18 | 0.94 13 | 38 Good
    Sortino Ratio 0.41 0.40 0.06 | 0.76 13 | 38 Good
    Jensen Alpha % -0.46 -1.00 -12.52 | 5.83 14 | 37 Good
    Treynor Ratio -0.48 -0.43 -0.60 | -0.31 32 | 37 Poor
    Modigliani Square Measure % 17.06 16.41 6.57 | 23.81 13 | 37 Good
    Alpha % -2.18 -1.29 -10.64 | 7.62 24 | 37 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    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 Elss Tax Saver Fund NAV Regular Growth Sundaram Elss Tax Saver Fund NAV Direct Growth
    13-03-2026 468.1029 502.2466
    12-03-2026 479.1953 514.1389
    11-03-2026 483.435 518.6783
    10-03-2026 490.2879 526.0213
    09-03-2026 485.3479 520.7118
    06-03-2026 495.387 531.4536
    05-03-2026 500.4609 536.8872
    04-03-2026 496.1606 532.2642
    02-03-2026 504.9089 541.6296
    27-02-2026 512.2136 549.4357
    26-02-2026 517.4376 555.0292
    25-02-2026 517.3294 554.9031
    24-02-2026 516.0304 553.4998
    23-02-2026 521.702 559.5731
    20-02-2026 518.9433 556.5839
    19-02-2026 517.5189 555.0462
    18-02-2026 525.5771 563.6785
    17-02-2026 524.5796 562.5986
    16-02-2026 521.348 559.1226
    13-02-2026 517.5182 554.9852

    Fund Launch Date: 31/Mar/1996
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors. The scheme aims at providing returns through capital appreciation.
    Fund Description: An open-ended equity linked saving scheme with a statutory lock-in of 3 years and tax benefit
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

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