COMPARE
Sundaram Long Term Tax Advantage Fund Series III Direct Plan - Growth vs Sundaram Long Term Tax Advantage Fund Series IV Direct Plan - Growth
Sundaram Long Term Tax Advantage Fund Series III and Sundaram Long Term Tax Advantage Fund Series IV are both in the ELSS category, from Sundaram Asset Management Company Ltd. Sundaram Long Term Tax Advantage Fund Series IV has posted a higher 3-year rolling CAGR. Sundaram Long Term Tax Advantage Fund Series III has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Sundaram Long Term Tax Advantage Fund Series III has the lower direct-plan expense ratio, by 0.01 percentage points.
| Sundaram Long Term Tax Advantage Fund Series III Direct Plan - Growth | Sundaram Long Term Tax Advantage Fund Series IV Direct Plan - Growth | |
|---|---|---|
| Category | ELSS | ELSS |
| AMC | Sundaram Asset Management Company Ltd | Sundaram Asset Management Company Ltd |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| NAV | ₹29.7351 (2026-10-28) | ₹33.9948 (2026-10-28) |
| AUM | ₹31.35 Cr | ₹19.91 Cr |
| Expense Ratio (Direct) | 1.01% | 1.02% |
| Inception | 2017-12-27 | 2018-03-27 |
Returns
Sundaram Long Term Tax Advantage Fund Series IV leads on 3-year rolling CAGR (23.6% vs Sundaram Long Term Tax Advantage Fund Series III's 23.4%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager.
Portfolio Analytics
Sundaram Long Term Tax Advantage Fund Series IV carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
Punji Fund Health Score
Sundaram Long Term Tax Advantage Fund Series III has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Long Term Tax Advantage Fund Series IV?
Sundaram Long Term Tax Advantage Fund Series IV's 3-year rolling CAGR of 23.6% is higher than Sundaram Long Term Tax Advantage Fund Series III's 23.4%. Sundaram Long Term Tax Advantage Fund Series IV sits in the 100th percentile of its category on this metric, versus the 98th percentile for Sundaram Long Term Tax Advantage Fund Series III - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Long Term Tax Advantage Fund Series IV?
Sundaram Long Term Tax Advantage Fund Series III's direct-plan expense ratio is 0.01 percentage points lower than Sundaram Long Term Tax Advantage Fund Series IV's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Sundaram Long Term Tax Advantage Fund Series III and Sundaram Long Term Tax Advantage Fund Series IV show risk metrics like Sharpe ratio or alpha?
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Long Term Tax Advantage Fund Series IV?
Sundaram Long Term Tax Advantage Fund Series III has ₹31 Cr in assets under management, versus ₹20 Cr for Sundaram Long Term Tax Advantage Fund Series IV. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Sundaram Long Term Tax Advantage Fund Series III or Sundaram Long Term Tax Advantage Fund Series IV?
Sundaram Long Term Tax Advantage Fund Series III launched on 2017-12-27, making it older than Sundaram Long Term Tax Advantage Fund Series IV (launched 2018-03-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.