Sundaram Value Fund
Direct · GrowthAI Summary
Sundaram Value Fund has delivered SIP XIRR of 14.39% over 3Y and 14.11% over 5Y, but these trail the category averages of 17.43% and 16.74% respectively across all periods. Against its benchmark (NIFTY50 VALUE 20), the fund has generated positive alpha of 1.72% (1Y), 2.22% (3Y), and 2.73% (5Y), though 10Y alpha is negative at -0.75%. The fund's 5Y lump-sum CAGR of 9.36% compares favorably to the benchmark's 6.65% over the same period.
The fund exhibits a beta of roughly 0.84-0.99 across periods, indicating lower volatility than the benchmark, with consistently lower downside capture (78.96%-92.99%) than upside capture. It has experienced 8 drawdown events exceeding 10%, with the maximum drawdown lasting 790 days and taking 261 days to recover, reflecting the extended drawdowns typical of value investing. Calmar ratios between 0.29 and 0.37 across periods suggest modest but stable risk-adjusted returns.
The portfolio holds 49 stocks with the top 10 accounting for roughly 45% of NAV, led by HDFC Bank (6.89%), ICICI Bank (5.83%), and Reliance Industries (5.32%). Banks dominate with 26.6% sector allocation, followed by IT-Software at 7.3% and Petroleum Products at 6.5%. This bank-heavy concentration means performance will be closely tied to the financial sector's fortunes, though the remaining holdings span industrials, telecom, power, and construction.
The fund underperforms the Value Fund category average SIP XIRR in every measured period, with the gap ranging from about 2.4 percentage points (1Y: 11.24% vs 17.71%) to roughly 3.4 percentage points (10Y: 13.28% vs 16.65%). However, calendar year returns show strong upside years such as 46.25% in 2014, 38.39% in 2017, and 31.76% in 2021, alongside contained losses in down years like -9.68% in 2018. This suggests a defensive profile that lags peers in strong markets but limits losses in weak ones.
This fund suits patient investors with a 5-7 year or longer horizon who believe in value investing and can tolerate extended periods of underperformance versus both peers and benchmarks. Its low beta and favorable downside capture make it appropriate for moderately risk-averse investors seeking steadier participation in equity markets. Investors seeking category-beating momentum or aggressive growth may find its recent relative performance disappointing.
- Consistent positive alpha versus the NIFTY50 VALUE 20 benchmark over 1Y, 3Y, 5Y, and 7Y periods, including 2.73% alpha over 5Y
- Low downside capture (78.96%-82.37% across most periods) combined with a beta near 0.85, offering meaningful downside protection
- Well-diversified 49-stock portfolio with a disciplined top-10 weighting of about 45% of NAV
- SIP XIRR trails the Value Fund category average in every period, with a 6.5 percentage point gap in the 1Y period (11.24% vs 17.71%)
- Heavy concentration in banks at 26.6% of the portfolio creates significant sector-specific risk
- Negative 10Y alpha of -0.75% and a maximum drawdown lasting 790 days highlight long stretches of underperformance
Generated on 06-09-2026, 8:03 PM. 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 | ₹12.67 L | 16.0% | -61.4% | 90.7% |
| 3 Years | ₹36.00 L | ₹44.50 L | 13.1% | -26.6% | 31.1% |
| 5 Years | ₹60.00 L | ₹83.91 L | 12.5% | -11.9% | 23.6% |
| 7 Years | ₹84.00 L | ₹1.33 Cr | 12.4% | -3.7% | 18.9% |
| 10 Years | ₹1.20 Cr | ₹2.38 Cr | 13.1% | 9.8% | 16.0% |
| 12 Years | ₹1.44 Cr | ₹3.27 Cr | 12.7% | 10.1% | 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 | 16.0% | 15.1% | 17.7% | +0.9% |
| 3 Years | 13.1% | 13.0% | 17.4% | +0.1% |
| 5 Years | 12.5% | 13.6% | 16.7% | -1.1% |
| 7 Years | 12.4% | 13.3% | 16.1% | -0.9% |
| 10 Years | 13.1% | 13.6% | 16.6% | -0.5% |
| 12 Years | 12.7% | 14.2% | 16.4% | -1.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.2% | 10.5% | -35.3% | 89.8% | 0.45 | 1.20 | 82% | — | — |
| 3 Years | 13.4% | 14.0% | -9.7% | 32.2% | 1.00 | 2.51 | 94% | — | — |
| 5 Years | 12.8% | 12.6% | -2.1% | 26.5% | 1.30 | 6.23 | 100% | — | — |
| 10 Years | 13.1% | 12.9% | 10.1% | 16.1% | 4.67 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +1.72 | 0.99 | 95.9% | 93.0% | -3.6% | -5.5% |
| 3 Years | +2.22 | 0.85 | 86.7% | 82.4% | 8.3% | 6.0% |
| 5 Years | +2.73 | 0.84 | 84.6% | 80.0% | 9.4% | 6.7% |
| 7 Years | +1.25 | 0.86 | 82.7% | 79.4% | 12.9% | 12.5% |
| 10 Years | -0.75 | 0.84 | 80.7% | 79.4% | 10.5% | 12.1% |
| 12 Years | +1.67 | 0.85 | 82.6% | 79.0% | 11.3% | 10.2% |
| 15 Years | +0.86 | 0.85 | 82.5% | 79.7% | 10.7% | 10.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Ltd | 6.35% |
| 2 | ICICI Bank Ltd | 5.99% |
| 3 | Reliance Industries Ltd | 5.27% |
| 4 | Axis Bank Ltd | 5.06% |
| 5 | State Bank of India | 4.29% |
| 6 | Kirloskar Oil Engines Ltd | 4.09% |
| 7 | Infosys Ltd | 3.53% |
| 8 | Larsen & Toubro Ltd | 3.15% |
| 9 | NTPC LTD | 3.10% |
| 10 | Bharti Airtel Ltd | 2.82% |