Previously Known As : Sundaram Tax Savings Fund
Sundaram Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 26
Rating
Growth Option 29-07-2026
NAV ₹498.56(R) +1.22% ₹536.04(D) +1.22%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -2.36% 9.22% -% -% -%
Direct -1.81% 9.82% -% -% -%
Nifty 500 TRI 2.46% 12.12% 12.47% 15.58% 13.51%
SIP (XIRR) Regular -1.5% 4.28% -% -% -%
Direct -0.94% 4.87% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.28 0.14 0.4 -1.32% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.21% -20.26% -15.01% 0.86 10.68%
Fund AUM As on: 30/12/2025 1395 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
quant Elss Tax Saver Fund 2
SBI ELSS Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
HSBC Elss Tax Saver Fund 5
Whiteoak Capital Elss Tax Saver Fund 6
JM ELSS Tax Saver Fund 7
Nippon India ELSS Tax Saver Fund 8

NAV Date: 29-07-2026

Scheme Name NAV Rupee Change Percent Change
Sundaram ELSS Tax Saver Fund Regular Plan - Income Distribution CUM Capital Withdrawal Option (IDCW) 383.25
4.6300
1.2200%
Sundaram ELSS Tax Saver Fund Regular Growth 498.56
6.0200
1.2200%
Sundaram ELSS Tax Saver Fund Direct Plan - Income Distribution CUM Capital Withdrawal Option (IDCW) 513.33
6.2000
1.2200%
Sundaram ELSS Tax Saver Fund Direct Plan Growth 536.04
6.4800
1.2200%

Review Date: 29-07-2026

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 -1.32% which is lower than the category average of -0.29%, reflecting poor performance. The fund has a Sharpe Ratio of 0.28 which is lower than the category average of 0.38.
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 1.15%, 0.14 and -1.85 in last one, three and six months respectively. In the same period the category average return was 1.67%, 3.04% and 2.47% respectively.
  • Sundaram ELSS Tax Saver Fund has given a return of -1.81% in last one year. In the same period the Nifty 500 TRI return was 2.46%. The fund has given 4.27% less return than the benchmark return.
  • The fund has given a return of 9.82% in last three years and rank 33rd out of thirty nine funds in the category. In the same period the Nifty 500 TRI return was 12.12%. The fund has given 2.3% less return than the benchmark return.
  • The fund has given a SIP return of -0.94% in last one year whereas category average SIP return is 5.43%. The fund one year return rank in the category is 36th in 41 funds
  • The fund has SIP return of 4.87% in last three years and ranks 32nd in 39 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (14.03%) in the category in last three years.

Sundaram ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 14.21 and semi deviation of 10.68. The category average standard deviation is 15.39 and semi deviation is 11.37.
  • The fund has a Value at Risk (VaR) of -20.26 and a maximum drawdown of -15.01. The category average VaR is -22.63 and the maximum drawdown is -18.27. 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 % 1.11 1.69
    1.57
    		-0.82 | 3.59 30 | 40 Average
    3M Return % 0.01 2.58
    2.76
    		-1.40 | 8.09 38 | 40 Poor
    6M Return % -2.13 1.53
    1.90
    		-4.41 | 14.54 33 | 40 Poor
    1Y Return % -2.36 2.46
    0.74
    		-6.79 | 12.24 31 | 40 Poor
    3Y Return % 9.22 12.12
    11.50
    		3.36 | 20.21 30 | 39 Average
    1Y SIP Return % -1.50
    4.25
    		-5.62 | 19.38 35 | 40 Poor
    3Y SIP Return % 4.28
    6.07
    		-1.57 | 12.67 27 | 39 Average
    Standard Deviation 14.21
    15.39
    		11.39 | 21.29 9 | 39 Very Good
    Semi Deviation 10.68
    11.37
    		8.48 | 15.53 12 | 39 Good
    Max Drawdown % -15.01
    -18.27
    		-28.24 | -14.41 6 | 39 Very Good
    VaR 1 Y % -20.26
    -22.63
    		-38.55 | -15.29 9 | 39 Very Good
    Average Drawdown % 5.64
    8.11
    		4.32 | 11.51 38 | 39 Poor
    Sharpe Ratio 0.28
    0.38
    		-0.05 | 0.72 29 | 39 Average
    Sterling Ratio 0.40
    0.43
    		0.12 | 0.68 24 | 39 Average
    Sortino Ratio 0.14
    0.19
    		0.02 | 0.36 29 | 39 Average
    Jensen Alpha % -1.32
    -0.29
    		-8.12 | 6.11 26 | 38 Average
    Treynor Ratio 0.05
    0.07
    		-0.01 | 0.12 28 | 38 Average
    Modigliani Square Measure % 4.32
    6.01
    		-0.84 | 11.01 29 | 38 Average
    Alpha % -2.85
    -0.82
    		-8.52 | 6.66 28 | 38 Average
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 1.15 1.69 1.67 -0.72 | 3.75 31 | 41 Average
    3M Return % 0.14 2.58 3.04 -1.27 | 8.45 39 | 41 Poor
    6M Return % -1.85 1.53 2.47 -4.03 | 15.11 35 | 41 Poor
    1Y Return % -1.81 2.46 1.91 -5.76 | 13.38 33 | 41 Average
    3Y Return % 9.82 12.12 12.70 4.82 | 21.64 33 | 39 Poor
    1Y SIP Return % -0.94 5.43 -4.57 | 20.56 36 | 41 Poor
    3Y SIP Return % 4.87 7.23 -0.19 | 14.03 32 | 39 Poor
    Standard Deviation 14.21 15.39 11.39 | 21.29 9 | 39 Very Good
    Semi Deviation 10.68 11.37 8.48 | 15.53 12 | 39 Good
    Max Drawdown % -15.01 -18.27 -28.24 | -14.41 6 | 39 Very Good
    VaR 1 Y % -20.26 -22.63 -38.55 | -15.29 9 | 39 Very Good
    Average Drawdown % 5.64 8.11 4.32 | 11.51 38 | 39 Poor
    Sharpe Ratio 0.28 0.38 -0.05 | 0.72 29 | 39 Average
    Sterling Ratio 0.40 0.43 0.12 | 0.68 24 | 39 Average
    Sortino Ratio 0.14 0.19 0.02 | 0.36 29 | 39 Average
    Jensen Alpha % -1.32 -0.29 -8.12 | 6.11 26 | 38 Average
    Treynor Ratio 0.05 0.07 -0.01 | 0.12 28 | 38 Average
    Modigliani Square Measure % 4.32 6.01 -0.84 | 11.01 29 | 38 Average
    Alpha % -2.85 -0.82 -8.52 | 6.66 28 | 38 Average
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 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
    29-07-2026 498.5595 536.0437
    28-07-2026 492.5408 529.5648
    27-07-2026 492.4551 529.465
    24-07-2026 487.287 523.8859
    23-07-2026 488.1958 524.8553
    22-07-2026 491.4595 528.3564
    21-07-2026 496.6154 533.8917
    20-07-2026 496.1726 533.408
    17-07-2026 498.6134 536.0088
    16-07-2026 496.9704 534.2349
    15-07-2026 498.0161 535.3511
    14-07-2026 495.5703 532.7143
    13-07-2026 500.9322 538.4703
    10-07-2026 501.4859 539.0422
    09-07-2026 496.0276 533.1674
    08-07-2026 490.9833 527.7378
    07-07-2026 501.2274 538.741
    06-07-2026 500.7558 538.2262
    03-07-2026 498.1031 535.3518
    02-07-2026 497.9893 535.2218
    01-07-2026 495.0047 532.0064
    30-06-2026 492.2658 529.0551
    29-06-2026 493.0945 529.9381

    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.