DebtMedium Duration FundDirectGrowthModerate

Sundaram Medium Term Fund

Q: What is the NAV of Sundaram Medium Term Fund?

As of 01 Oct 2026, the NAV of Sundaram Medium Term Fund is ₹80.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Sundaram Medium Term Fund delivered?

Sundaram Medium Term Fund has returned +3.25% over 1 year, +5.91% per year over 3 years, +4.81% per year over 5 years and +6.62% 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 Medium Term Fund?

Sundaram Medium Term Fund charges an expense ratio of 1.16% 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 Medium Term Fund?

Sundaram Medium Term Fund's largest holdings are 6.48% Central Government Securities 06/10/2035 (28.3%), 6.36% Central Government Securities 16/02/2031 (12.2%), Cholamandalam Investment and Finance Company Ltd - 7.38% - 28/05/2027 (6.1%), Small Industries Development Bank of India - 7.42% - 12/03/2029 (6.1%) and National Bank for Agriculture & Rural Development - 7.01% - 16/03/2029 (6.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Sundaram Medium Term Fund?

Sundaram Medium Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -8.0%. 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 -0.45 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Medium Term Fund's -0.45 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Sundaram Medium Term Fund?

Sundaram Medium Term Fund is benchmarked against the NIFTY Medium Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Q: Who manages Sundaram Medium Term Fund?

Sundaram Medium Term Fund is managed by Sandeep Agarwal and Kumaresh Ramakrishnan at Sundaram.

Q: How is Sundaram Medium Term Fund taxed?

Sundaram Medium Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Sundaram Mutual Fund · Best Medium Duration Mutual Funds

NAV

₹80.50

-0.09% 1D

as of 01 Oct 2026

This is the Direct plan of Sundaram Medium Term 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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NAV history

+3.50%CAGR

52-week rangePrev NAV ₹80.57

Latest ₹80.50

Low ₹77.9682nd percentile of its 52-week rangeHigh ₹81.07

Scorecard

★☆☆☆☆1/5 vs 12 Medium Duration 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 Medium Duration Fund (same plan and option).

PerformanceBelow avg

3Y CAGR +5.91% · ranks 12 of 12 Medium Duration Funds

RiskModerate

Volatility 1.3% vs 1.4% category avg

CostHigh

1.2% expense vs 0.7% category avg

ConsistencyHigh

100% 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

Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Medium Duration Fund average on 3M/6M/1Y — 1Y by 2.54pp
3-year return (+5.91%) trails the Medium Duration Fund average (+7.94%)
5-year return (+4.81%) trails the Medium Duration Fund average (+7.19%)
Ranks #12 of 12 on 1-year return in its Medium Duration Fund cohort
Weaker risk-adjusted returns — Sharpe -0.45 below the Medium Duration Fund average of 0.99

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.16%

Category 0.65%▲0.51%

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

—

Category —

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

-0.45

Category 0.99▼1.44

Scheme Info

Definitions

Plan

Direct · Growth

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

None

Exit Load

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

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

NIFTY Medium Duration Debt Index A-III

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)

-0.27%

Absolute return over the last 3 months (not annualized)

-0.03%

Absolute return over the last 6 months (not annualized)

+2.19%

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

+2.21%

Annualized returns (≥1Y — CAGR)

Definitions

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

+3.25%

3-year annualized return (CAGR)

+5.91%

5-year annualized return (CAGR)

+4.81%

10-year annualized return (CAGR)

+5.70%

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.

+6.62%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.31%

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

-0.45

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

-0.62

Largest peak-to-trough decline over full history

-8.03%

Benchmark ratios

Not shown for Medium Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Medium Duration Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.27%	-0.08%	-0.19%
3M abs	-0.03%	+0.50%	-0.53%
6M abs	+2.19%	+3.58%	-1.39%
1Y CAGR	+3.25%	+5.79%	-2.53%
3Y CAGR	+5.91%	+7.94%	-2.03%
5Y CAGR	+4.81%	+7.19%	-2.38%

Category average across peers in Medium Duration Fund (up to 11 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 11 peers in Medium Duration Fund

1Y return

+3.25%

Beats 0% · rank #12

3Y return

+5.91%

Beats 0% · rank #12

5Y return

+4.81%

Beats 0% · rank #11

Sharpe

-0.45

Beats 0% · rank #12

Sortino

-0.62

Beats 0% · rank #12

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

₹6.84L

Absolute

+14.04%

XIRR

+5.36%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Sundaram Medium Term 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
2026part	+2.21%
2025	+6.52%
2024	+7.16%
2023	+6.34%
2022	+1.67%
2021	+2.72%
2020	+7.27%
2019	+8.97%
2018	+5.93%
2017	+6.61%

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.

History points

3,317

Expense ratio

1.16%

YTM

7.11%

Macaulay duration

3.28 years

Average maturity

4.08 years

Exit load

NIL

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

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 · Medium Duration Fund

Compare all


Sundaram Medium Term FundThis fund Sundaram · Direct · Growth	★☆☆☆☆	+3.25%	+5.91%	+4.81%	—	1.16%	—
Aditya Birla Sun Life Medium Term Fund Aditya Birla Sun Life · Direct · Growth	★★★★★	+8.42%	+10.50%	+12.63%	—	0.83%	₹3,126Cr
Kotak Medium Term Fund Kotak Mahindra · Direct · Growth	★★★☆☆	+6.26%	+8.85%	+7.32%	—	0.67%	₹1,821Cr
ICICI Prudential Medium Term Fund ICICI Prudential · Direct · Growth	★★★★★	+6.67%	+8.34%	+7.32%	—	0.73%	—
Axis Medium Term Fund Axis · Direct · Growth	★★★★☆	+6.25%	+8.28%	+7.27%	—	0.71%	—
HDFC Medium Term Fund HDFC · Direct · Growth	★★★★☆	+6.17%	+7.78%	+6.71%	—	0.70%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt86.77%
Cash & Equivalents13.23%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Cholamandalam Investment and Finance Company Ltd - 7.38% - 28/05/2027

6.10%

Small Industries Development Bank of India - 7.42% - 12/03/2029

6.10%

National Bank for Agriculture & Rural Development - 7.01% - 16/03/2029

6.04%

Power Finance Corporation Ltd - 6.61% - 15/07/2028

6.03%

REC LTD - 7.28% - 31/08/2029

4.56%

Can Fin Homes Ltd - 8.09% - 04/01/2027

3.07%

360 One Prime Ltd - 8.95% - 04/06/2027

3.07%

HDB Financial Services Ltd - 7.4091% - 05/06/2028

3.04%

PNB Housing Finance Ltd - 7.28% - 05/06/2028

3.04%

REC LTD - 6.52% - 31/01/2028

3.03%

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.

-8.0%27 May 2013 → 19 Aug 2013
Fell over 3 months, back to the old high on 21 Apr 2014 — 8 months under water after the low.
-5.2%04 Mar 2020 → 23 Mar 2020
Fell over 19 days, back to the old high on 11 Jun 2020 — 3 months under water after the low.

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.

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

SASandeep AgarwalStart date not disclosed

Education

B.Com, MBA, FRM, ICWA B.Com, ACA, CS

Experience

Sundaram Asset Management Co. Apr 2018 to till date Head Investment Research & Fund Manager Jan 2016 to Apr 2018 SPM Fund Manager Jul 2012 – Dec 2015 Fund Manager Aug 2004 – Jul 2012 Research Analyst May 2002 - Jul 2004 Navia Markets Research Analyst Sundaram Asset Management Co Ltd. Sep 2012 – till date Fund Manager – Fixed Income Oct 2010 – Sep 2012 Dealer – Fixed Income Deutsche Asset Management India Pvt. Ltd. Apr 2008 – Oct 2010 Management Trainee - Fixed Income

Funds managed (12)

All schemes Sandeep Agarwal runs →

KRKumaresh RamakrishnanStart date not disclosed

Role

Credit & Fund Manager Sr.Manager

Education

M.B.A – Finance and BE

Experience

• 2022 - 2025 - Credit Consultant - Sundaram Asset Management Company Limited • 2016 -2021 - CIO - Fixed Income - PGIM India Asset Management • 2015- Till Date - MIS, Data analysis, Client

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

Sandeep Agarwal

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.

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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 Medium Duration funds

Medium duration funds run a Macaulay duration of 3 to 4 years. They carry real interest-rate sensitivity, so they suit a horizon of at least three years rather than a place to park cash.

Frequently asked questions

What is the NAV of Sundaram Medium Term Fund?

As of 01 Oct 2026, the NAV of Sundaram Medium Term Fund is ₹80.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Sundaram Medium Term Fund delivered?

Sundaram Medium Term Fund has returned +3.25% over 1 year, +5.91% per year over 3 years, +4.81% per year over 5 years and +6.62% 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 Medium Term Fund?

Sundaram Medium Term Fund charges an expense ratio of 1.16% 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 Medium Term Fund?

Sundaram Medium Term Fund's largest holdings are 6.48% Central Government Securities 06/10/2035 (28.3%), 6.36% Central Government Securities 16/02/2031 (12.2%), Cholamandalam Investment and Finance Company Ltd - 7.38% - 28/05/2027 (6.1%), Small Industries Development Bank of India - 7.42% - 12/03/2029 (6.1%) and National Bank for Agriculture & Rural Development - 7.01% - 16/03/2029 (6.0%). Holdings are disclosed monthly and change over time.

How risky is Sundaram Medium Term Fund?

Sundaram Medium Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -8.0%. 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 -0.45 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Medium Term Fund's -0.45 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Sundaram Medium Term Fund?

Sundaram Medium Term Fund is benchmarked against the NIFTY Medium Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Who manages Sundaram Medium Term Fund?

Sundaram Medium Term Fund is managed by Sandeep Agarwal and Kumaresh Ramakrishnan at Sundaram.

How is Sundaram Medium Term Fund taxed?

Sundaram Medium Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.