EquitySmall Cap FundDirectGrowthVery High

Sundaram Small Cap Fund

Q: What is the NAV of Sundaram Small Cap Fund?

As of 05 Oct 2026, the NAV of Sundaram Small Cap Fund is ₹39.86 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Sundaram Small Cap Fund delivered?

Sundaram Small Cap Fund has returned +5.12% over 1 year, +5.16% per year over 3 years, +7.63% per year over 5 years and +8.90% 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.

Q: What is the expense ratio of Sundaram Small Cap Fund?

Sundaram Small Cap Fund charges an expense ratio of 0.98% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Sundaram Small Cap Fund?

Sundaram Small Cap Fund's largest holdings are MTAR Technologies Ltd (4.5%), Rate Gain Travel Technologies Ltd (3.5%), S.J.S. Enterprises Ltd (3.5%), Eternal Ltd (Previously Zomato Ltd) (3.2%) and Aster DM Healthcare Ltd (3.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Sundaram Small Cap Fund?

Sundaram Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.5% and its worst peak-to-trough fall in our sample was -65.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.07 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Small Cap Fund's -0.07 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Sundaram Small Cap Fund?

Sundaram Small Cap Fund is benchmarked against the Nifty Small Cap 250 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Sundaram Small Cap Fund?

Sundaram Small Cap Fund is managed by Rohit Seksaria and Shalav Saket at Sundaram.

Q: How is Sundaram Small Cap Fund taxed?

Sundaram Small 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.

Sundaram Mutual Fund · Best Small Cap Mutual Funds

NAV

₹39.86

+0.25% 1D

as of 05 Oct 2026

This is the Direct plan of Sundaram Small Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+4.69%absolute

52-week rangePrev NAV ₹39.76

Latest ₹39.86

Low ₹32.8568th percentile of its 52-week rangeHigh ₹43.21

Scorecard

Not rated

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. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

PerformanceBelow avg

3Y CAGR +5.16% · ranks 25 of 25 Small Cap Funds

RiskModerate

Volatility 18.5% vs 16.8% category avg

CostAverage

1.0% expense vs 0.9% category avg

ConsistencyModerate

73% 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

No standout strengths identified.

Concerns

Trails the Small Cap Fund average on 3M/6M/1Y — 1Y by 6.02pp
3-year return (+5.16%) trails the Small Cap Fund average (+15.45%)
5-year return (+7.63%) trails the Small Cap Fund average (+15.43%)
Weaker risk-adjusted returns — Sharpe -0.07 below the Small Cap Fund average of 0.52

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.98%

Category 0.95%▲0.03%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

26.04

Category 32.16▼6.12

Excess return per unit of total volatility (rf = 6.5%)

-0.07

Category 0.52▼0.59

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

Nifty Small Cap 250 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.58%

Absolute return over the last 3 months (not annualized)

-5.74%

Absolute return over the last 6 months (not annualized)

+15.67%

Absolute return since 1 Jan of this year (not annualized)

+5.02%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.12%

3-year annualized return (CAGR)

+5.16%

5-year annualized return (CAGR)

+7.63%

10-year annualized return (CAGR)

+5.72%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+8.90%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

18.50%

Excess return per unit of total volatility (rf = 6.5%)

-0.07

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.09

Largest peak-to-trough decline over full history

-65.31%

Benchmark ratios (vs Nifty Smallcap 250 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Smallcap 250 TRI

-6.96%

Sensitivity to Nifty Smallcap 250 TRI moves; 1 = moves with the index

0.92

How much of the fund's movement Nifty Smallcap 250 TRI explains

83.4%

Excess return per unit of beta (market risk)

-0.79

Active return over the benchmark per unit of tracking error

-0.92

Annualized std dev of fund-minus-benchmark returns

9.17%

Fund's share of benchmark gains in up months (100 = matches index)

85.1%

Fund's share of benchmark losses in down months (lower is better)

111.1%

Computed vs the Nifty Smallcap 250 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Small Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.58%	-3.11%	-0.47%
3M abs	-5.74%	+1.82%	-7.56%
6M abs	+15.67%	+24.53%	-8.86%
1Y CAGR	+5.12%	+11.14%	-6.02%
3Y CAGR	+5.16%	+15.45%	-10.29%
5Y CAGR	+7.63%	+15.43%	-7.80%

Category average across peers in Small Cap Fund (up to 36 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 36 peers in Small Cap Fund

1Y return

+5.12%

Beats 25.8% · rank #24

3Y return

+5.16%

Beats 0% · rank #25

5Y return

+7.63%

Beats 0% · rank #22

Sharpe

-0.07

Beats 0% · rank #25

Sortino

-0.09

Beats 0% · rank #25

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.19L

Absolute

+19.89%

XIRR

+7.42%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Sundaram Small 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 Smallcap 250 TRI	Diff
2026part	+5.02%	+6.37%	-1.35%
2025	-5.16%	-5.29%	+0.13%
2024	+11.85%	+27.52%	-15.67%
2023	+36.33%	+49.76%	-13.43%
2022	-7.78%	-2.65%	-5.13%
2021	+40.66%	+63.41%	-22.75%
2020	+27.38%	+27.11%	+0.27%
2019	-10.45%	-7.26%	-3.19%
2018	-38.93%	-26.33%	-12.60%
2017	+44.53%	+58.25%	-13.72%

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.

History points

3,384

Expense ratio

0.98%

AUM

₹3,453Cr

Portfolio turnover

38%

Exit load

P/E ratio

26.0

P/B ratio

4.4

Avg market cap

₹51,257Cr

P/E & P/B are portfolio-weighted harmonic means across 53 of 72 equity holdings (73% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Small Cap Fund

Compare all


Sundaram Small Cap FundThis fund Sundaram · Direct · Growth	—	+5.12%	+5.16%	+7.63%	26.04	0.98%	₹3,453Cr
ITI Small Cap Fund ITI · Direct · Growth	★★★★☆	+18.85%	+23.23%	+17.85%	42.25	0.84%	₹2,977Cr
Bandhan Small Cap Fund Bandhan · Direct · Growth	★★★★★	+10.21%	+23.07%	+18.79%	15.66	0.61%	₹26,012Cr
Bank of India Small Cap Fund Bank of India · Direct · Growth	★★★★☆	+29.52%	+21.93%	+19.92%	33.57	0.78%	₹2,235Cr
Invesco India Small Cap Fund Invesco · Direct · Growth	★★★★★	+13.74%	+21.48%	+18.90%	42.83	0.64%	—
Mahindra Manulife Small Cap Fund Mahindra Manulife · Direct · Growth	★★★☆☆	+14.44%	+19.16%	—	27.19	0.92%	₹4,512Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap10.8%
Mid cap6.4%
Small cap82.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity95.87%
Cash & Equivalents3.39%
Debt0.74%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

MTAR Technologies Ltd

4.49%

Rate Gain Travel Technologies Ltd

3.46%

S.J.S. Enterprises Ltd

3.46%

Eternal Ltd (Previously Zomato Ltd)

3.20%

Aster DM Healthcare Ltd

3.04%

Affle (India) Ltd

2.74%

PNB Housing Finance Ltd

2.65%

Craftsman Automation Ltd

2.63%

Safari Industries (India) Ltd

2.34%

DCB Bank Ltd

2.33%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Sundaram · ELSS	48.9%!	★★★☆☆	1.01%	+11.18%
Sundaram Long Term Tax Advantage Fund Series III Sundaram · ELSS	48.3%!	★★★★☆	1.01%	+11.71%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Sundaram · ELSS	48.1%!	★★★☆☆	0.98%	+10.63%
Sundaram Long Term Micro Cap Tax Advantage Fund Series III Sundaram · ELSS	47.9%!	★★☆☆☆	1.04%	+10.46%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Sundaram · ELSS	47.0%!	★★☆☆☆	1.12%	+10.49%
Sundaram Long Term Tax Advantage Fund Series IV Sundaram · ELSS	46.4%!	★★★★☆	1.03%	+11.80%
Sundaram Services Fund Sundaram · Sectoral/ Thematic	37.7%	★★★★☆	0.85%	+12.58%
Sundaram Multi Cap Fund Sundaram · Multi Cap Fund	34.9%	★★☆☆☆	1.27%	+11.67%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 4.71% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Mtar Technologies LimitedLong-term · Stage IV4.49%
Shivalik Bimetal Controls LimitedLong-term · Stage I0.22%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-65.3%15 Jan 2018 → 24 Mar 2020
Fell over 2.2 years, back to the old high on 16 Jun 2023 — 3.2 years under water after the low.
-30.6%07 Jan 2013 → 28 Aug 2013
Fell over 8 months, back to the old high on 02 Apr 2014 — 7 months under water after the low.
-29.2%23 Sep 2024 → 03 Mar 2025
Still below that high — 5 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹3,453Cr

April - June 2026

+6%

since January - March 2026

−₹23.98Cr

est. net flow, last quarter

At or near its largest, ₹3,453Cr in April - June 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.

Launched

25 Feb 1996

Total AUM

₹76,929Cr+2.7% QoQ

Avg AUM · April - June 2026

Website

sundarammutual.com

Fund Managers

RSRohit SeksariaStart date not disclosed

Education

B.Com, PGDM, CFA BE, PGPM

Experience

Sundaram Asset Management Co. Jan 2017 to till date Assistant Fund Manager – Equity Progress Capital Pte, Singapore Sundaram Financial Services Jun 2013 to Dec 2016 Senior Analyst Matchpoint Investment Management Asia, Hong Kong Jul 2010 to Mar 2013 Progress Capital Pte, Singapore Sundaram Long Term Micro Cap Tax Jul 2007 to Jul 2010 Senior Analyst Irevna Research Services Dec 2002 to Jul 2007 Head of Research UTI Mutual Fund May 2002 to Dec 2002 Manager Jan 2022 to Present Sundaram Asset Management - Fund Manager - Equity 2015 to Oct 2019 - Principal MF,: Sr Analyst, Oct 2014 to August 2015 - Antique Stock Broking- AVP- Institutional Research-IT Services, Nov 2009 to Oct 2014 Tata Securities AVP- Institutional Research-IT Services, Telecom

Funds managed (15)

All schemes Rohit Seksaria runs →

SSShalav SaketStart date not disclosed

Role

Overseas Investment s Associate

Experience

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

Fund managers

Rohit Seksaria

Top holdings

MTAR Technologies Ltd Rate Gain Travel Technologies Ltd S.J.S. Enterprises Ltd Eternal Ltd (Previously Zomato Ltd)Aster DM Healthcare Ltd Affle (India) Ltd PNB Housing Finance Ltd Craftsman Automation Ltd Safari Industries (India) Ltd DCB Bank Ltd EID Parry India Ltd Cholamandalam Financial Holdings Ltd

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.

Run SIP calculator Add to compare

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 Small Cap funds

Small cap funds invest in companies beyond the top 250 by size. They offer the highest growth potential of any equity category and also the sharpest falls, so they suit long horizons and strong stomachs.

Frequently asked questions

What is the NAV of Sundaram Small Cap Fund?

As of 05 Oct 2026, the NAV of Sundaram Small Cap Fund is ₹39.86 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Sundaram Small Cap Fund delivered?

Sundaram Small Cap Fund has returned +5.12% over 1 year, +5.16% per year over 3 years, +7.63% per year over 5 years and +8.90% 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 Small Cap Fund?

Sundaram Small Cap Fund charges an expense ratio of 0.98% 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 Small Cap Fund?

Sundaram Small Cap Fund's largest holdings are MTAR Technologies Ltd (4.5%), Rate Gain Travel Technologies Ltd (3.5%), S.J.S. Enterprises Ltd (3.5%), Eternal Ltd (Previously Zomato Ltd) (3.2%) and Aster DM Healthcare Ltd (3.0%). Holdings are disclosed monthly and change over time.

How risky is Sundaram Small Cap Fund?

Sundaram Small Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.5% and its worst peak-to-trough fall in our sample was -65.3%. 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 -0.07 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Small Cap Fund's -0.07 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Sundaram Small Cap Fund?

Sundaram Small Cap Fund is benchmarked against the Nifty Small Cap 250 TRI. Its alpha and beta on this page are measured against that index.

Who manages Sundaram Small Cap Fund?

Sundaram Small Cap Fund is managed by Rohit Seksaria and Shalav Saket at Sundaram.

How is Sundaram Small Cap Fund taxed?

Sundaram Small 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.