Sundaram Mid Cap Fund
This is the Regular plan of Sundaram Mid Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 29 of 33 Mid Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Mid Cap Fund (same plan and option). 29 of the 33 Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +15.81% · ranks 10 of 29 Mid Cap Funds
Volatility 15.9% vs 16.1% category avg
1.9% expense vs 2.2% category avg
92% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 3-year return (+15.81%) beats the Mid Cap Fund average (+14.39%)
- 5-year return (+14.51%) beats the Mid Cap Fund average (+12.88%)
- Stronger risk-adjusted returns — Sharpe 0.59 vs 0.48 Mid Cap Fund average
- Low expense ratio (1.87%) vs the Mid Cap Fund average of 2.21%
- Consistent — positive in 92% of rolling 3-year windows
Concerns
- Trails the Mid Cap Fund average on 1M/3M/6M/1Y — 1Y by 1.98pp
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Mid Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.47% | -5.27% | -1.20% |
| 3M abs | -4.20% | -2.71% | -1.49% |
| 6M abs | +8.96% | +13.23% | -4.27% |
| 1Y CAGR | +1.50% | +3.48% | -1.98% |
| 3Y CAGR | +15.81% | +14.39% | +1.42% |
| 5Y CAGR | +14.51% | +12.88% | +1.63% |
Category average across peers in Mid Cap Fund (up to 33 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 33 peers in Mid Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Sundaram Mid Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Midcap 150 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -1.95% | -1.81% | -0.14% | |
| 2025 | +4.09% | +6.24% | -2.15% | |
| 2024 | +32.01% | +24.74% | +7.27% | |
| 2023 | +40.35% | +45.27% | -4.92% | |
| 2022 | +4.84% | +4.09% | +0.75% | |
| 2021 | +37.49% | +48.31% | -10.82% | |
| 2020 | +11.79% | +26.10% | -14.31% | |
| 2019 | -0.30% | — | — | |
| 2018 | -15.41% | — | — | |
| 2017 | +40.77% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity96.71%
- Cash & Equivalents2.22%
- Other1.07%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹12,880Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Sundaram Mutual Fund is run by Sundaram Asset Management, part of the Chennai-based Sundaram Finance group, and has been in business since 1996. It absorbed Principal Mutual Fund's schemes in 2021 and has a long-standing small- and mid-cap franchise.
Fund Managers
BSBharath SManaging since 01 Feb 2024
SSShalav SaketManaging since 02 Feb 2024
Overseas Investment s Associate
America Securities Ltd • 2020 - 2022 - Consulting in Pricewaterhouse Coopers Ltd • 2017 - 2018 - Software Engineering in Samsung R & D Insitute Ltd • 2015 - 2017 - Software Engireering - Wipro Technologies Ltd • 2024 - Till Date - Associate Fund Manager - Sundaram Asset Management Company Limited • 2021 - 2024 - Assistant Fund Manager & BFSI sector analyst - Canara HSBC Life Insurance
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Sundaram in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Kirloskar Pneumatic schedules virtual meetings with two mutual funds
scanx.trade · 19d ago
Sundaram Ultra Short Term Fund - Direct Plan
CNBC TV18 · 23d ago
Sundaram Ultra Short Term Fund(Ex) Direct-IDCW Weekly
The Economic Times · 25d ago
Sundaram Ultra Short Term Fund(Ex) Direct-IDCW Daily
The Economic Times · 02 Sep 2026
Sundaram Ultra Short Term Fund Direct dividend payout
Upstox · 29 Aug 2026
Sundaram Ultra Short Term Fund(Ex) Regular-IDCW Monthly
The Economic Times · 29 Aug 2026
Sundaram Banking and PSU Debt Fund Direct growth
Upstox · 29 Aug 2026
Sundaram Short Term Fund-IDCW Monthly
The Economic Times · 28 Aug 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Mid Cap funds
Mid cap funds invest in the 101st–250th largest companies. They can grow faster than large caps but fall harder in downturns — a higher-risk, higher-reward slice of the market.
From the blog
Frequently asked questions
What is the NAV of Sundaram Mid Cap Fund?
As of 05 Oct 2026, the NAV of Sundaram Mid Cap Fund is ₹1,408.25 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Sundaram Mid Cap Fund delivered?
Sundaram Mid Cap Fund has returned +1.50% over 1 year, +15.81% per year over 3 years, +14.51% per year over 5 years and +15.19% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Sundaram Mid Cap Fund?
Sundaram Mid Cap Fund charges an expense ratio of 1.87% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Sundaram Mid Cap Fund?
Sundaram Mid Cap Fund's largest holdings are Mahindra & Mahindra Financial Services Ltd (2.9%), Kalyan Jewellers India Ltd (2.6%), Cummins India Ltd (2.5%), The Federal Bank Ltd (2.5%) and Coforge Ltd (2.2%). Holdings are disclosed monthly and change over time.
How risky is Sundaram Mid Cap Fund?
Sundaram Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.9% and its worst peak-to-trough fall in our sample was -68.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.59 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Mid Cap Fund's 0.59 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Sundaram Mid Cap Fund?
Sundaram Mid Cap Fund is benchmarked against the Nifty Mid Cap 150 TRI. Its alpha and beta on this page are measured against that index.
Who manages Sundaram Mid Cap Fund?
Sundaram Mid Cap Fund is managed by Bharath S and Shalav Saket at Sundaram.
How is Sundaram Mid Cap Fund taxed?
Sundaram Mid Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.