About Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) is a equity savings fund managed by Sundaram Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.
The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.
The scheme's stated objective, as published by Sundaram Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | GROWTH | ₹84.221 | 149679 |
| Direct | IDCW (Income Distribution CUM Capital Withdrawal) | ₹15.6282 | 149677 |
| Regular | GROWTH | ₹71.3085 | 149674 |
| Regular | IDCW (Income Distribution CUM Capital Withdrawal) | ₹14.3073 | 149675 |
Frequently asked questions
What is the NAV of Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) today?
The NAV of Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) (Direct plan, Growth) is ₹84.221 and the Regular plan NAV is ₹71.3085, as of 18 Sept 2026.
What returns has Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) given?
Over the last year the Direct plan returned 1.61%, and 9.06% a year over 3 years. That places it 8 of 20 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)?
The Direct plan charges 0.65% a year, as disclosed on 30 Jun 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.
How much has Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) fallen in the past?
Its deepest fall was 6.2% from 2 Jan 2026 to 30 Mar 2026. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) belong to?
It is a Equity Savings Fund from Sundaram Mutual Fund. Combine equity, arbitrage and debt, with at least 65% in equity including arbitrage positions.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund) taxed?
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.