ReviewDirect · Growth
Sundaram ELSS Tax Saver Fund
Sundaram Mutual FundEquity Scheme - ELSS4.7 years
The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.
- NAV
- 512.6696
- 15 Sept 2026
- 1Y
- -5.0%
- Trailing CAGR
- Upside capture
- +88%
- Vs NIFTY 500 TRI
- Downside capture
- +88%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.0%
- 3Y+7.6%
- 5Yn/a
- 10Yn/a
- SI+9.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-6.6%
- 3Y+2.1%
- 5Yn/a
- 10Yn/a
- Since inception
- +9.0%
- Calendar-day CAGR
- Excess 1Y
- -5.2%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 18
- Vs comparable share classes
- Worst rolling 3Y
- +7.6%
- 419 daily-ending windows
- Median rolling 3Y
- +14.9%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +2.1%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -4.9%
- Fund minus TRI
- 3Y excess
- -2.4%
- Fund minus TRI
- Upside capture
- +88%
- Benchmark-up months
- Downside capture
- +88%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 47 recovered episodes
- Longest recovery
- 243 days
- Trough to prior peak
- Current spell
- 252 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
17 Jan 2022 – 9 Sept 2022
Trough 20 Jun 2022 · recovered in 81 days
-16.7%
27 Sept 2024 – 29 Oct 2025
Trough 28 Feb 2025 · recovered in 243 days
-15.9%
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-15.3%
14 Dec 2022 – 5 Jun 2023
Trough 28 Mar 2023 · recovered in 69 days
-10.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
18
Vs category
18
Consistency
13
Risk-adjusted
42
Drawdown
58
Mean
30
Portfolio
31 Aug 2026 · 56 holdings · top 10 are 40.5%.
- Top 5
- 23.9%
- Top 10
- 40.5%
- Largest holding
- 6.7%
- Effective holdings
- 38.2
ICICI Bank Ltd
Financial
6.7%
HDFC Bank Ltd
Financial
5.5%
Axis Bank Ltd
Financial
4.4%
State Bank of India
Financial
3.7%
Bharti Airtel Ltd
Technology
3.6%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
No supporting reads in the current evidence set.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Baroda BNP Paribas ELSS Tax Saver Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.9%
- 3Y
- +14.1%
- Vol
- 13.9%
- Max DD
- -17.3%
- Sharpe
- 0.66
- 3Y win
- +99%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Franklin India ELSS Tax Saver Fund
Franklin Templeton Mutual Fund
- 1Y
- -3.6%
- 3Y
- +10.1%
- Vol
- 15.3%
- Max DD
- -39.0%
- Sharpe
- 0.65
- 3Y win
- +54%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ITI ELSS Tax Saver Fund
ITI Mutual Fund
- 1Y
- +6.4%
- 3Y
- +16.6%
- Vol
- 18.1%
- Max DD
- -38.5%
- Sharpe
- 0.67
- 3Y win
- +61%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Kotak ELSS Tax Saver Fund
Kotak Mahindra Mutual Fund
- 1Y
- +1.6%
- 3Y
- +10.7%
- Vol
- 15.5%
- Max DD
- -36.4%
- Sharpe
- 0.66
- 3Y win
- +81%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Parag Parikh ELSS Tax Saver Fund
PPFAS Mutual Fund
- 1Y
- -10.8%
- 3Y
- +7.9%
- Vol
- 13.6%
- Max DD
- -29.5%
- Sharpe
- 0.87
- 3Y win
- +84%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown