Sundaram Long Term Tax Advantage Fund Series IV
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
Fund basics
Everything the NAV says
Computed from 2,006 published NAVs between 5 Jul 2018 and 28 Aug 2026 — 8.1 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IV Regular | 0.84 | 5.59 | 13.69 | 14.91 | 15.04 | 18.87 | 23.65 | — | 17.69 |
| Nifty 500 benchmark | 0.87 | 4.31 | 2.15 | 5.20 | 12.49 | 11.41 | — | — | 15.49 |
| ELSS (Tax Saving) category median · 68 funds | — | — | — | 2.62 | 13.24 | 12.25 | — | 12.78 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Regular plan in ELSS (Tax Saving) — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 27 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IV Regular | 16.94 | 0.50 | 0.67 | 1.10 | 8.23 | -42.30 |
| Nifty 500 benchmark | 17.16 | 0.35 | 0.47 | — | — | -37.31 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 16.9% | 12.7% | 0.50 | 0.67 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -42.3% | 9 months | -2.5% |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 113.4% | 13.6% | -38.9% | 19% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹920,906 today, an XIRR of 17.18% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares in its category
Against the ELSS (Tax Saving) Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Sundaram Long Term Tax Advantage Fund Series IV Sundaram Mutual Fund · this scheme | 15.0% | 8.2% | 1.10 | 16.9% | 0.50 | -42.3% |
| SBI Long Term Advantage Fund - Series V SBI Mutual Fund | 21.6% | 3.9% | 0.94 | 16.2% | 0.93 | -35.8% |
| HSBC ELSS Tax saver Fund HSBC Mutual Fund | 17.2% | 4.8% | 0.99 | 15.2% | 0.70 | -19.3% |
| ITI ELSS Tax Saver Fund ITI Mutual Fund | 17.0% | -0.4% | 1.04 | 17.9% | 0.59 | -38.7% |
| JM ELSS - Tax Saver Fund JM Financial Mutual Fund | 16.5% | 2.2% | 1.01 | 20.3% | 0.49 | -69.0% |
| WhiteOak Capital ELSS Tax Saver Fund WhiteOak Capital Mutual Fund | 16.6% | 4.3% | 0.94 | 13.0% | 0.77 | -16.7% |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 Bank of India Mutual Fund | 16.6% | 6.0% | 0.96 | 17.0% | 0.59 | -36.9% |
| Baroda BNP Paribas ELSS Tax Saver Fund Baroda BNP Paribas Mutual Fund | 16.0% | 2.0% | 0.94 | 13.8% | 0.69 | -17.8% |
| BANK OF INDIA MID CAP TAX FUND Series 2 Bank of India Mutual Fund | 15.9% | 4.2% | 0.99 | 17.1% | 0.55 | -34.2% |
Alpha and beta are against Nifty 500. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a ELSS (Tax Saving) scheme is
At least 80% in equity, with every investment locked for three years.
The only mutual fund that cuts your tax bill — up to ₹1.5 lakh a year under Section 80C of the old regime. The three-year lock is per instalment, so a SIP started today frees up one instalment at a time.
Who it suits. Anybody using the old tax regime who would be investing in equity anyway.
How long money should stay. The 3-year lock is a floor, not a plan — treat it as 7 years.
Questions people ask
What is the NAV of Sundaram Long Term Tax Advantage Fund Series IV — —?
₹37.9584 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Sundaram Long Term Tax Advantage Fund Series IV?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
At least 80% in equity, with every investment locked for three years. The only mutual fund that cuts your tax bill — up to ₹1.5 lakh a year under Section 80C of the old regime. The three-year lock is per instalment, so a SIP started today frees up one instalment at a time.
How long should money stay in it?
Typically The 3-year lock is a floor, not a plan — treat it as 7 years. Anybody using the old tax regime who would be investing in equity anyway.