A mid-sized house that kept its place
Sundaram Mutual Fund managed an average of ₹82,522 crore in July–September 2026, excluding domestic fund-of-funds. That is 0.95% of the industry's ₹87,21,848 crore and 21st of 55 fund houses on AMFI's quarterly figures. Its fund house page carries the same number.
It has grown steadily without gaining ground: assets rose 11.5% in the last year, against 13.1% for the industry.
| Quarter | Average AUM (₹ crore) | Rank |
|---|---|---|
| Apr–Jun 2010 | 14,106 | 13 |
| Apr–Jun 2015 | 20,996 | 14 |
| Apr–Jun 2020 | 25,794 | 15 |
| Apr–Jun 2022 | 39,954 | 18 |
| Jul–Sep 2023 | 49,195 | 18 |
| Jul–Sep 2025 | 74,005 | 21 |
| Jul–Sep 2026 | 82,522 | 21 |
The house has multiplied its assets almost six times since 2010 and slipped eight places, a pattern shared by many older houses as the industry added new ones. It has been 21st for each of the last three years.
43 schemes
Counting each open-ended scheme once by its Direct Growth plan, Sundaram runs 43: 24 equity, 10 debt, 6 hybrid, 2 fund-of-funds and 1 index fund. The equity count includes several closed series of its tax-saving fund. Largest by average assets in July–September 2026:
| Scheme | Average AUM (₹ crore) |
|---|---|
| Sundaram Mid Cap | 14,485 |
| Sundaram Aggressive Hybrid | 9,137 |
| Sundaram Liquid | 8,648 |
| Sundaram Large and Midcap | 7,300 |
| Sundaram Services | 5,170 |
| Sundaram Small Cap | 4,061 |
| Sundaram Multi Asset Allocation | 3,338 |
The Mid Cap fund is more than one and a half times the next scheme.
Where the funds rank
Direct Growth returns to 16 October 2026, annualised; rank is among Direct Growth funds in the same category with that much history.
| Fund | 1 year | 3 years | Rank | 5 years | Rank |
|---|---|---|---|---|---|
| Mid Cap | 0.62% | 16.16% | 11 of 29 | 14.58% | 8 of 22 |
| Small Cap | 11.37% | 14.94% | 10 of 26 | 14.45% | 10 of 21 |
| Infrastructure Advantage | 0.29% | 13.57% | 67 of 142 | 13.25% | 35 of 102 |
| Large and Midcap | 2.00% | 12.84% | 11 of 26 | 10.10% | 16 of 26 |
| Services | 0.06% | 12.76% | 75 of 142 | 11.24% | 51 of 102 |
| Aggressive Hybrid | −4.96% | 8.09% | 26 of 28 | — | — |
| Flexicap | −6.67% | 7.92% | 33 of 36 | — | — |
| ELSS Tax Saver | −7.33% | 7.42% | 42 of 48 | — | — |
| Large Cap | −4.42% | 6.92% | 27 of 30 | 6.75% | 20 of 27 |
| Value | −7.75% | 5.68% | 21 of 21 | 6.34% | 17 of 17 |
The two best-ranked funds, Mid Cap and Small Cap, are in the top half of their categories over three and five years. The Aggressive Hybrid fund, the second largest scheme, is 26th of 28 over three years, and the Value fund is last of 21. Over one year the Large and Midcap fund is 6th of 33, though its five-year rank is 16th of 26.
The cost column
This is where Sundaram stands out. On AMFI's expense filings of early October 2026:
| Fund | Direct TER | Category median |
|---|---|---|
| Infrastructure Advantage | 1.80% | 1.15% |
| ELSS Tax Saver | 1.77% | 1.07% |
| Value | 1.76% | 1.24% |
| Consumption | 1.72% | 1.15% |
| Multi-Factor | 1.65% | 1.15% |
| Focused | 1.35% | 1.09% |
| Large and Midcap | 1.29% | 1.07% |
| Mid Cap | 1.06% | 0.94% |
| Large Cap | 0.86% | 1.06% |
| Flexicap | 0.86% | 0.95% |
Five funds charge 0.5 to 0.7 points above their category's middle fund, and two of them, ELSS Tax Saver and Value, also rank in the bottom few of their categories over three years. The Large Cap and Flexicap funds are the opposite, cheaper than their medians. The Direct versus Regular gap is about 1.16 points; a 0.7-point difference between two Direct funds is more than half of that, and it compounds the same way.
What the numbers do not tell you
Rank is not a forecast. A mid-cap fund that is 11th of 29 over three years had a three-year run that favoured mid caps; the same fund was 25th of 31 over one year.
Averages hide closed series. Sundaram's tax-saver series appear in the ELSS ranking; they are closed schemes and are not comparable to an open fund you can buy today.
Average AUM is for the quarter, not the day, and a liquid fund can swing it by thousands of crores.
None of this is a recommendation to buy or sell any fund.
Frequently asked questions
How big is Sundaram Mutual Fund?
Sundaram managed an average of ₹82,522 crore in July–September 2026, excluding domestic fund-of-funds. That is 0.95% of the industry and 21st among fund houses on AMFI's figures, up 11.5% in a year against 13.1% for the industry.
What is Sundaram's largest scheme?
Sundaram Mid Cap Fund, with average assets of ₹14,485 crore in July–September 2026. Sundaram Aggressive Hybrid (₹9,137 crore), Sundaram Liquid (₹8,648 crore), Large and Midcap (₹7,300 crore) and Services (₹5,170 crore) follow.
Which Sundaram funds are the most expensive?
On AMFI's expense filings, Sundaram Infrastructure Advantage charges 1.80% in its Direct plan, ELSS Tax Saver 1.77%, Value 1.76% and Consumption 1.72%. The median Direct fee is 1.07% for ELSS, 1.24% for value and 1.15% for sector and thematic funds.
This is commentary on published data, not investment advice. WealthTicker is not a SEBI-registered adviser or distributor. Figures are WealthTicker’s own calculations from public data — AMFI’s fund NAVs and disclosures, NSE’s index and FII/DII files, and the fund houses’ monthly portfolios (how we calculate). They are as of the dates stated and can be revised by their source.
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