Sundaram Long Term Tax Advantage Fund Series II
NAV : ₹ 35.758 as of 13 December, 2024
3Y Returns
▲15.21%
Overview
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,36,520 (+10.85%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Inclusive of GST
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Sundaram Long Term Tax Advantage Fund Series II Managers
Dwijendra Srivastava
Nov 2015 - Present
Rohit Seksaria
Jan 2022 - Present
List of Sundaram Mutual Fund’s top performing schemes
Fund House
Sundaram Mutual Fund
Total AUM: 58156.81Cr
Established in 1996, Sundaram Mutual Fund operates as a wholly-owned subsidiary of Sundaram Finance Limited (SFL), one of India's oldest Non-Banking Financial Companies (NBFCs). Sundaram Asset Management Company manages total assets under management (AUM) amounting to approximately Rs. 51237 crores as of December 2023.
Learn more about Sundaram Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
FAQ for Sundaram Long Term Tax Advantage Fund Series II
How to start an SIP in Sundaram Long Term Tax Advantage Fund Series II?
To start an SIP in Sundaram Long Term Tax Advantage Fund Series II:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Sundaram Long Term Tax Advantage Fund Series II.
3. On the Sundaram Long Term Tax Advantage Fund Series II details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
How to invest in Sundaram Long Term Tax Advantage Fund Series II?
To invest in Sundaram Long Term Tax Advantage Fund Series II:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Sundaram Long Term Tax Advantage Fund Series II.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
How do I automate an SIP in Sundaram Long Term Tax Advantage Fund Series II?
To automate an SIP in Sundaram Long Term Tax Advantage Fund Series II, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Sundaram Long Term Tax Advantage Fund Series II automatically, ensuring consistent contributions without manual intervention.
How can I withdraw/redeem my investment in Sundaram Long Term Tax Advantage Fund Series II?
To withdraw or redeem your investment in Sundaram Long Term Tax Advantage Fund Series II:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Sundaram Long Term Tax Advantage Fund Series II, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
What is the NAV of Sundaram Long Term Tax Advantage Fund Series II
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Sundaram Long Term Tax Advantage Fund Series II is ₹35.76
What is the AUM of Sundaram Long Term Tax Advantage Fund Series II?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Sundaram Long Term Tax Advantage Fund Series II is ₹12.81 Cr.
What is the minimum SIP amount for Sundaram Long Term Tax Advantage Fund Series II?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Sundaram Long Term Tax Advantage Fund Series II is ₹null
What is the Expense Ratio of Sundaram Long Term Tax Advantage Fund Series II?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Sundaram Long Term Tax Advantage Fund Series II is 1.38%
What is the Exit load of Sundaram Long Term Tax Advantage Fund Series II?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
