Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW)

Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW) is a scheme launched by Sundaram Mutual Fund on February 14, 2025, and falls under the ELSS fund category. It currently manages an AUM of Rs 36.12 crore. The fund permits investments with a minimum SIP of Rs 250 and a lump sum of Rs 5000. It charges an expense ratio of 1.4% for managing the portfolio.

• Investing Strategy:

  "The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equityrelated instruments of companies that can be termed as micro-cap and from income tax benefit available. For the purpose investment by the scheme ‘micro cap’ stock is defined as one whose market cap is equal to or lower than the 301stStock by market cap (after sorting the securities in the descending order of market capitalization) on the National Stock exchange of India limited, mumbai, at the time of investment."

• Performance:

  Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Plan - Payout of Income Distribution cum Capital Withdrawal (IDCW) trailing returns over different times are 1.68% (1 year), 18.54% (3 year) and 31.14% (5 year). The average annual return of this fund stands at 2.66%.