Sundaram Value Fund
Direct · GrowthAI Summary
Sundaram Value Fund has delivered long-term SIP XIRR of 12.96% over 10 years and 13.62% over 5 years, but it trails the category average SIP XIRR across all horizons — for example 12.79% vs 16.98% over 3Y and 12.96% vs 16.49% over 10Y. Against its benchmark NIFTY50 Value 20, the fund shows positive alpha of 2.16% (1Y), 2.20% (3Y) and 1.67% (5Y), though alpha turns negative at -1.51% over 10Y. Recent performance is weak, with a 1Y SIP XIRR of just 6.75% versus the category's 11.64%.
The fund exhibits a defensive risk profile, with downside capture consistently below 81% across all periods and upside capture of 80-95%, meaning it falls less than the benchmark but also participates less in rallies. Beta of 0.84-0.85 over longer horizons confirms lower volatility relative to the benchmark. The maximum drawdown duration of 790 days with 261 days to recovery, along with 8 drawdown events exceeding 10%, indicates investors should expect prolonged recovery periods during market downturns.
The portfolio is concentrated in banks, which account for 26.9% of NAV across holdings like HDFC Bank (6.7%), ICICI Bank (5.75%), Axis Bank (5.04%) and SBI (4.1%). With 47 total holdings, the top 10 positions make up roughly 44% of NAV, providing reasonable diversification beyond the top names. Other significant exposures include IT-Software (6.9%), Petroleum Products (6.3%), Power (4.9%) and Pharma (4.7%), reflecting a classic large-cap value orientation.
The fund consistently underperforms its value category peers on SIP XIRR, lagging by roughly 3-4 percentage points across 3Y, 5Y, 7Y and 10Y horizons. Its calendar year returns show uneven consistency, with strong years like 2014 (46.25%) and 2017 (38.39%) offset by weak years such as 2018 (-9.68%) and 2026 (-12.02%). While it beats its own benchmark over most periods, it sits in the lower tier of the value fund category.
This fund suits conservative value-oriented investors who prioritize downside protection over maximum upside, given its low downside capture and sub-1.0 beta. A long time horizon of 7-10 years is appropriate, as returns have been respectable over extended periods but recent 1Y and 3Y performance lags peers significantly. Investors should have moderate risk tolerance and be comfortable with extended drawdown recovery periods and sector concentration in banking.
- Consistently low downside capture (78.94%-93.06%) versus the NIFTY50 Value 20 benchmark, offering strong downside protection
- Positive alpha over 1Y (2.16%), 3Y (2.20%), 5Y (1.67%) and 12Y (1.15%) periods, indicating benchmark outperformance on a risk-adjusted basis
- Diversified 47-stock portfolio with a disciplined value approach anchored in quality large caps like HDFC Bank and ICICI Bank
- SIP XIRR trails the category average by 3-4 percentage points across nearly all horizons (e.g., 12.79% vs 16.98% over 3Y)
- Heavy sector concentration in banks at 26.9% of NAV exposes the fund to banking sector downturns
- Weak recent momentum with a 1Y SIP XIRR of 6.75% and a -12.02% calendar year return in 2026
Generated on 26-10-2026, 2:17 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.65 L | 15.6% | -61.4% | 90.7% |
| 3 Years | ₹36.00 L | ₹44.44 L | 12.9% | -26.6% | 31.1% |
| 5 Years | ₹60.00 L | ₹83.66 L | 12.4% | -11.9% | 23.6% |
| 7 Years | ₹84.00 L | ₹1.32 Cr | 12.3% | -3.7% | 18.9% |
| 10 Years | ₹1.20 Cr | ₹2.37 Cr | 12.9% | 9.0% | 16.0% |
| 12 Years | ₹1.44 Cr | ₹3.25 Cr | 12.4% | 9.4% | 14.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 15.6% | 14.9% | 11.6% | +0.7% |
| 3 Years | 12.9% | 12.9% | 16.9% | -0.0% |
| 5 Years | 12.4% | 13.5% | 17.0% | -1.2% |
| 7 Years | 12.3% | 13.3% | 16.0% | -0.9% |
| 10 Years | 12.9% | 13.6% | 16.5% | -0.7% |
| 12 Years | 12.4% | 14.1% | 16.1% | -1.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 14.8% | 10.3% | -35.3% | 89.8% | 0.43 | 1.13 | 80% | — | — |
| 3 Years | 13.3% | 13.9% | -9.7% | 32.2% | 0.98 | 2.49 | 94% | — | — |
| 5 Years | 12.7% | 12.4% | -2.1% | 26.5% | 1.28 | 6.18 | 100% | — | — |
| 10 Years | 13.0% | 12.8% | 9.1% | 16.1% | 4.10 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +0.53 | 0.98 | 93.0% | 92.5% | -11.7% | -12.7% |
| 3 Years | +1.73 | 0.85 | 86.1% | 82.4% | 6.2% | 4.0% |
| 5 Years | +1.08 | 0.84 | 83.7% | 80.9% | 6.3% | 5.0% |
| 7 Years | +0.35 | 0.86 | 82.9% | 80.8% | 10.6% | 10.9% |
| 10 Years | -1.70 | 0.84 | 80.1% | 79.8% | 9.3% | 11.9% |
| 12 Years | +1.00 | 0.84 | 81.9% | 79.0% | 10.0% | 9.5% |
| 15 Years | +0.62 | 0.84 | 82.3% | 79.7% | 10.2% | 10.2% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Ltd | 6.70% |
| 2 | ICICI Bank Ltd | 5.75% |
| 3 | Reliance Industries Ltd | 5.17% |
| 4 | Axis Bank Ltd | 5.04% |
| 5 | Kirloskar Oil Engines Ltd | 4.39% |
| 6 | State Bank of India | 4.10% |
| 7 | Infosys Ltd | 3.27% |
| 8 | NTPC LTD | 3.23% |
| 9 | Larsen & Toubro Ltd | 3.09% |
| 10 | Bharti Airtel Ltd | 2.89% |