Sundaram Flexicap Fund
This is the Direct plan of Sundaram Flexicap 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.
Performance
Scorecard
★★☆☆☆2/5 vs 36 of 45 Flexi 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 Flexi Cap Fund (same plan and option). 36 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.45% · ranks 34 of 36 Flexi Cap Funds
Volatility 13.2% vs 14.2% category avg
0.9% expense vs 1.1% category avg
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
- Low expense ratio (0.87%) vs the Flexi Cap Fund average of 1.12%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Trails the Flexi Cap Fund average on 1M/3M/6M/1Y — 1Y by 7.36pp
- 3-year return (+7.45%) trails the Flexi Cap Fund average (+11.81%)
- Ranks #41 of 42 on 1-year return in its Flexi Cap Fund cohort
- Weaker risk-adjusted returns — Sharpe 0.07 below the Flexi Cap Fund average of 0.36
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Flexi Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.90% | -5.07% | -0.83% |
| 3M abs | -5.39% | -2.19% | -3.20% |
| 6M abs | +2.11% | +10.16% | -8.05% |
| 1Y CAGR | -6.97% | +0.39% | -7.36% |
| 3Y CAGR | +7.45% | +11.81% | -4.36% |
| 5Y CAGR | — | +10.42% | — |
Category average across peers in Flexi Cap Fund (up to 45 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 45 peers in Flexi Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into Sundaram Flexicap 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 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -10.74% | -7.18% | -3.56% | |
| 2025 | +8.64% | +7.94% | +0.70% | |
| 2024 | +16.31% | +16.43% | -0.12% | |
| 2023 | +26.25% | +27.43% | -1.18% | |
| 2022part | +0.81% | — | — |
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- Equity98.78%
- Cash & Equivalents1.22%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹2,028Cr 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 SStart date not disclosed
SASandeep AgarwalStart date not disclosed
B.Com, MBA, FRM, ICWA B.Com, ACA, CS
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
- Sundaram Aggressive Hybrid
- Sundaram Banking & PSU Debt Fund
- Sundaram Business Cycle Fund
- Sundaram Conservative Hybrid Fund
- Sundaram Corporate Bond Fund
- Sundaram Liquid Fund
- Sundaram Low Duration Fund
- Sundaram Medium Duration Fund
- Sundaram Money Market Fund
- Sundaram Overnight Fund
- Sundaram Short Duration Fund
- Sundaram Ultra Short Duration Fund
- Sundaram Multi Asset Allocation Fund - Direct Plan - GROWTH
SSShalav SaketStart date not disclosed
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 · 24d 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 Banking and PSU Debt Fund Direct growth
Upstox · 29 Aug 2026
Sundaram Short Term Fund-IDCW Monthly
The Economic Times · 28 Aug 2026
Sundaram Ultra Short to Short Term Fund
CNBC TV18 · 27 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 Flexi Cap funds
Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.
From the blog
Flexi-cap fund returns: a 12-point spread over 3 years
01 Oct 2026
The median flexi-cap fund returned 11.22% a year over three years to 30 September 2026. The best made 18.38%, the worst 6.06%. The 1, 3 and 5-year spread.
Flexi-cap fund returns: 10 funds at record highs
13 Aug 2026
On 12 August 2026, 10 of 44 flexi-cap funds were at record NAVs and the median had gained 8.66% since 15 April. Their 1 to 10-year spread against the Nifty 500.
Frequently asked questions
What is the NAV of Sundaram Flexicap Fund?
As of 01 Oct 2026, the NAV of Sundaram Flexicap Fund is ₹14.37 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Sundaram Flexicap Fund delivered?
Sundaram Flexicap Fund has returned -6.97% over 1 year, +7.45% per year over 3 years and +9.30% 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 Flexicap Fund?
Sundaram Flexicap Fund charges an expense ratio of 0.87% 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 Flexicap Fund?
Sundaram Flexicap Fund's largest holdings are ICICI Bank Ltd (6.7%), HDFC Bank Ltd (5.5%), Axis Bank Ltd (4.4%), State Bank of India (3.7%) and Bharti Airtel Ltd (3.7%). Holdings are disclosed monthly and change over time.
How risky is Sundaram Flexicap Fund?
Sundaram Flexicap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -15.7%. 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 0.07 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Flexicap Fund's 0.07 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Sundaram Flexicap Fund?
Sundaram Flexicap Fund is benchmarked against the Nifty 500 TRI Index. Its alpha and beta on this page are measured against that index.
Who manages Sundaram Flexicap Fund?
Sundaram Flexicap Fund is managed by Bharath S, Sandeep Agarwal and Shalav Saket at Sundaram.
How is Sundaram Flexicap Fund taxed?
Sundaram Flexicap 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.