Sundaram Long Term Micro Cap Tax Advantage Fund Series IV
ELSS · Sundaram Asset Management Company Ltd
Among the 225 funds in its category, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹2 lakh today. Investing ₹10,000 every month for the last 5 years would have put in ₹6.1 lakh and grown it to about ₹8.6 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹38,720. Funds like this reward patience and punish panic-selling.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Sundaram Long Term Micro Cap Tax Advantage Fund Series IV is a ELSS fund from Sundaram Asset Management Company Ltd. It has a track record of about 9.5 years. As of the latest data it carries an RS rating of 82/99 (its recent momentum versus category peers) and a King Score of 67/100 (a long-term quality composite). The current NAV is ₹31.24 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -4.35% | -3.86% |
| 3 months | -1.1% | 0.22% |
| 6 months | 18.97% | 8.04% |
| 1 year | 4.58% | 0.06% |
| 3 years (CAGR) | 11.35% | 10.96% |
| 5 years (CAGR) | 14.97% | 11.57% |
The last 5 years return is 14.97% a year (₹1 lakh → ₹2 lakh), and the last 3 years return is 11.35% - ahead of its category's 10.96% average by 0.4 points. Its trailing one-year return is 4.58%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Sundaram Long Term Mic | Benchmark |
|---|---|---|
| 2018 | -28.9% | -3.4% |
| 2019 | -11.5% | +7.7% |
| 2020 | +18.4% | +16.7% |
| 2021 | +74.4% | +30.2% |
| 2022 | +4.3% | +3.0% |
| 2023 | +49.8% | +25.8% |
| 2024 | +13.3% | +15.2% |
| 2025 | +1.6% | +6.7% |
| 2026 | +5.4% | -5.8% |
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV beat its benchmark in 5 of the last 9 calendar years. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Sundaram Long Term Micro Cap Tax Advantage Fund Series IV would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹416,101 | 7.77% |
| 5 years | ₹610,000 | ₹858,646 | 13.62% |
Over 5 years, ₹610,000 invested in monthly instalments would have grown to about ₹858,646 - an XIRR of 13.62%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -61.28% | -36.03% |
| Worst drawdown (3Y) | -24.14% | -19.53% |
| Volatility (1Y) | 22.09% | 18.02% |
| Sharpe (3Y) | 0.28 | 0.28 |
| Sortino (3Y) | 0.45 | 0.51 |
| Beta (3Y) | 1.1 | 0.99 |
| Alpha (3Y) | 2.5% | 2.56% |
| Up capture | 106.2% | 100.2% |
| Down capture | 98.8% | 93.1% |
| Bull-market return | 27.4% | 29.66% |
| Bear-market return | -31.5% | -30.22% |
Timing matters more than people admit: the best possible 1-year stretch in Sundaram Long Term Micro Cap Tax Advantage Fund Series IV (starting 2020-07-31) gained 126.1%, while the worst (starting 2019-03-22) lost 44.3%. The worst peak-to-bottom fall Sundaram Long Term Micro Cap Tax Advantage Fund Series IV has ever put investors through is -61.28% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -31.5% annualised, versus 27.4% in rising markets. It has captured roughly 106.2% of its benchmark's up-moves and 98.8% of its down-moves.
How Sundaram Long Term Micro Cap Tax Advantage Fund Series IV behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Sundaram Long Term Micro Cap Tax Advantage Fund Series IV has historically returned about -31.5% annualised, versus roughly 27.4% when the market is rising. Its deepest fall on record is -61.28%. Right now it sits about 5.16% below its all-time high (last hit 2026-07-13). The real question isn't the average year - it's whether you could hold on through the worst one.
How Sundaram Long Term Micro Cap Tax Advantage Fund Series IV ranks in its category
Percentile versus its ~225 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 21.2% |
| 3Y windows positive | 82.1% |
| Worst 3Y window | -18.75% |
| Median 5Y rolling CAGR | 22.74% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Sundaram Long Term Micro Cap Tax Advantage Fund Series IV returned a median of 21.2% a year, and 82.1% of those windows were positive.
Cost & fund basics
| Detail | Value |
|---|---|
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹1 Cr |
| Age | 9.5 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Sundaram Long Term Micro Cap Tax Advantage Fund Series IV compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| WhiteOak Capital ELSS Tax Saver Fund | 80 | 96 | 15.3% |
| BARODA BNP PARIBAS ELSS Tax Saver Fund | 72 | 92 | 14.2% |
| SBI Long Term Advantage Fund - Series V | 77 | 91 | 19.1% |
| HSBC ELSS Tax saver Fund | 79 | 90 | 14.9% |
| Motilal Oswal ELSS Tax Saver Fund | 97 | 82 | 20.7% |
| JM ELSS Tax Saver Fund (Direct) | 99 | 80 | 15.4% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV review: the bottom line
Related
Frequently asked questions
Is Sundaram Long Term Micro Cap Tax Advantage Fund Series IV a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Sundaram Long Term Micro Cap Tax Advantage Fund Series IV scores 67/100 on our King Score and RS 82/99 within its category, has compounded 11.35% a year over three years, and its worst drawdown was -61.28%. Compare those against your needs and the peer table above.
What is the NAV of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV today?
The latest NAV is ₹31.24 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
Is Sundaram Long Term Micro Cap Tax Advantage Fund Series IV safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -61.28% - ₹1 lakh briefly becoming about ₹38,720. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Sundaram Long Term Micro Cap Tax Advantage Fund Series IV good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 5 years grew ₹6.1 lakh into about ₹8.6 lakh (XIRR 13.62%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Sundaram Long Term Micro Cap Tax Advantage Fund Series IV?
A ₹10,000/month SIP over 5 years would have grown to about ₹858,646 (an XIRR of 13.62%) on ₹610,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Sundaram Long Term Micro Cap Tax Advantage Fund Series IV rank among similar funds?
On 3-year returns it sits around the 76th percentile of its category, and its consistency ranks 91th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Sundaram Long Term Micro Cap Tax Advantage Fund Series IV tax-efficient / what about capital gains?
As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Sundaram Long Term Micro Cap Tax Advantage Fund Series IV live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.