SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV
Sundaram Mutual Fund · Closed-ended ELSS · Regular plan, growth option
NAV (₹), 1 Oct 2026
30.1193
1-day change
-1.36%
1Y return
5.1%
3Y CAGR
10.8%
5Y CAGR
14.1%
Max drawdown, 5Y
−24.2%
NAV history month-end NAV, ₹ · 27 Mar 2017 to 1 Oct 2026
Returns vs Closed-ended ELSS median (31 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.5% | -3.6% |
| 3 months | -4.1% | -3.7% |
| 6 months | 15.6% | 15.7% |
| Year to date | 4.0% | 4.3% |
| 1 year | 5.1% | 5.2% |
| 3 years (CAGR) | 10.8% | 10.9% |
| 5 years (CAGR) | 14.1% | 13.7% |
| 7 years (CAGR) | 21.3% | 20.9% |
| 10 years (CAGR) | n/a | 9.1% |
| Since first NAV (CAGR) | 12.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.2% | 11.8% |
| 3Y rolling median | 20.6% | 20.6% |
| 3Y rolling worst | -19.5% | -0.5% |
| 3Y periods positive | 83% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 22.0% | 22.0% |
| 5Y rolling worst | 5.2% | 7.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 19.2% | 18.6% |
| Sharpe ratio | 0.22 | 0.23 |
| Sortino ratio | 0.36 | 0.38 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −61.7% | −50.8% |
| Maximum drawdown, last 10Y | n/a | −38.0% |
| Maximum drawdown, last 5Y | −24.2% | −23.4% |
| Current drawdown | −6.4% | −6.4% |
| Recovery time of worst fall | 462 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Rohit Seksaria | Comanage | 11 May 2018 |
Objective: The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap. the investment will be eligible for Income tax benefit. For the purpose of investment by the scheme ‘micro cap’ stock is defined as one whose market cap is equal to or lower than the 301st Stock 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. however, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: Equity and equity related instruments – 65-100 %; Other Equity & Equity related securities – 0 - 35 %; Fixed Income and money market securities - 0 - 20%;
Benchmark (tier 1): Nifty Small Cap 100 TRI
Minimum application: For both Regular and Direct Plan Rs 500/-
Allotment date: 24 Mar 2017
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.23% | 1.23% |
| AUM, whole scheme (₹ crore) | 36 | 36 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 7.9% | 10.2% TRI |
| Return, 3 years (AMFI) | 11.3% | 15.4% TRI |
| Return, 5 years (AMFI) | 14.6% | 12.9% TRI |
| Month-ends above category median (3Y CAGR) | 61% | 40% median |
| Month-ends in category top quartile (3Y) | 19% | 25% median |
| 7Y rolling CAGR, median (monthly windows) | 15.9% | 17.0% median |
Official benchmark: Nifty Smallcap 100 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Closed-ended ELSS Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.0% | n/a | – |
| 2025 | 1.4% | n/a | – |
| 2024 | 13.2% | n/a | – |
| 2023 | 49.7% | n/a | – |
| 2022 | 4.2% | n/a | – |
| 2021 | 74.2% | n/a | – |
| 2020 | 18.3% | n/a | – |
| 2019 | -11.7% | n/a | – |
| 2018 | -29.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,651 | 5.7% |
| 3 years | ₹3,60,000 | ₹3,96,628 | 6.4% |
| 5 years | ₹6,00,000 | ₹8,24,467 | 12.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Sundaram Mutual Fund
Category: Closed-ended ELSS
Plan / option: Regular · Growth
AMFI scheme code: 139992
ISIN: INF903JA1500
First NAV in MFIC data: 27 Mar 2017
History: 9.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV | Closed-ended ELSS | 1.00 | 10.9% |
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES III | Closed-ended ELSS | 1.00 | 10.6% |
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES III | Closed-ended ELSS | 1.00 | 10.9% |
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES V | Closed-ended ELSS | 1.00 | 11.6% |
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES V | Closed-ended ELSS | 1.00 | 11.3% |
| SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES VI | Closed-ended ELSS | 1.00 | 10.7% |
Questions about SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV
- What is the latest NAV of SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- The NAV of the Regular plan (growth option) was ₹30.1193 on 1 Oct 2026, as published by AMFI.
- Which category is SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV in?
- It is classified as Closed-ended ELSS in AMFI's daily NAV file. MFIC compares it with 31 Closed-ended ELSS schemes (Regular plans).
- What returns has SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV delivered?
- Over one year the NAV changed by 5.1%. The 3-year CAGR is 10.8% (category median 10.9%) and the 5-year CAGR is 14.1% (category median 13.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 20.6%, the lowest was -19.5%, and 83% of 3-year periods ended with a gain.
- What was the largest fall in SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV's NAV?
- The largest peak-to-trough fall in its available history was 61.7%; within the last five years it was 24.2% (category median 23.4%).
- How volatile is SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- Its annualised standard deviation of monthly returns over the last 36 months is 19.2%, which is above the Closed-ended ELSS category median of 18.6%.
- What would a monthly SIP in SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹8,24,467 on 1 Oct 2026, an annualised return (XIRR) of 12.7%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- The total expense ratio of the Regular plan is 1.23% a year, as disclosed to AMFI (median of Closed-ended ELSS Regular plans: 1.23%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- Assets under management of the whole scheme were ₹36 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV and how has it compared?
- Its official benchmark is the Nifty Smallcap 100 TRI. Over 3 years AMFI reports a return of 11.3% for this plan against 15.4% for the benchmark total return index; over 5 years 14.6% against 12.9%. Past performance does not indicate future results.
- How often has SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV beaten its category?
- At 61% of the 79 month-ends compared over the last 10 years, its 3-year return was above the median of Closed-ended ELSS schemes (Regular plans); it was in the top quarter at 19% of them. A typical scheme would show about 50%.
- Who manages SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- According to its Scheme Summary Document, SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV is managed by Rohit Seksaria (since 11 May 2018).
- What is the minimum investment in SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES IV?
- The minimum application amount is For both Regular and Direct Plan Rs 500/-.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.