Invesco India Multi cap Fund vs Sundaram Large and Midcap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Multi cap Fund is a Multi Cap fund and Sundaram Large and Midcap Fund is a Large & Mid Cap fund. In the 3 years to 30-10-2026, Invesco India Multi cap Fund (Direct) returned 12.2% a year and Sundaram Large and Midcap Fund (Direct) returned 12.9% a year. Invesco India Multi cap Fund charges 0.94% a year and Sundaram Large and Midcap Fund 1.30% (Direct plans). Their portfolios overlap 29.7%: they hold 16 of the same securities.
Invesco India Multi cap Fund
Multi Cap
- 3 year return
- 12.2%
- Expense ratio
- 0.94%
- NAV
- ₹150.84
Sundaram Large and Midcap Fund
Large & Mid Cap
- 3 year return
- 12.9%
- Expense ratio
- 1.30%
- NAV
- ₹96.86
Which is better, Invesco India Multi cap or Sundaram Large and Midcap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Invesco India Multi cap returned more over 5 years: 10.5% a year against 10.2%.
- Sundaram Large and Midcap returned more over 3 years: 12.9% a year against 12.2%.
- Invesco India Multi cap costs less: 0.94% a year against 1.30% (Direct plans).
- Sundaram Large and Midcap swung less over 3 years: a standard deviation of 15.1% a year against 15.9%.
- Invesco India Multi cap fell less in its worst fall since 08-01-2013: −38.0% against −38.0%.
- Sundaram Large and Midcap is the larger fund: ₹7,131 Cr against ₹4,301 Cr.
- Their portfolios overlap 29.7%: 16 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Invesco India Multi cap Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | Sundaram Mutual Fund |
| Category | Multi Cap | Large & Mid Cap |
| AUM | ₹4,301 Cr (30-09-2026) | ₹7,131 Cr (30-09-2026) |
| NAV | ₹150.84 (Direct) | ₹96.86 (Direct) |
| Expense ratio (Direct) | 0.94% | 1.30% |
| Expense ratio (Regular) | 2.09% | 2.31% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Nifty LargeMidcap 250 TRI |
| Launch date | 17-03-2008 | 01-02-2007 |
| Minimum investment | Not available | ₹100 |
| Lock in | None | None |
| Fund managers | Taher Badshah, Deepak Gupta, Manish Poddar | Madanagopal Ramu, Shalav Saket |
| Exit load | Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. | 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 |
Invesco India Multi cap vs Sundaram Large and Midcap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Invesco India Multi cap Fund (Direct) | −1.33% | −3.76% | +4.49% | −4.27% | +12.21% | +10.49% | +13.54% |
| Sundaram Large and Midcap Fund (Direct) | −4.75% | −6.50% | +2.25% | −3.04% | +12.88% | +10.18% | +13.91% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | +14.55% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 33 Multi Cap funds and the 36 Large & Mid Cap funds, same plan type.
Invesco India Multi cap vs Sundaram Large and Midcap: Year-wise Returns
| Year | Invesco India Multi capInvesco India Multi cap | Sundaram Large and MidcapSundaram Large and Midcap |
|---|---|---|
| 2026to date | −0.40% | −2.87% |
| 2025 | −5.57% | +4.64% |
| 2024 | +31.46% | +22.39% |
| 2023 | +33.52% | +28.26% |
| 2022 | −0.84% | −0.17% |
| 2021 | +42.54% | +43.83% |
Invesco India Multi cap vs Sundaram Large and Midcap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Invesco India Multi cap Fund
Rolling returns
Every 3-year holding period, 2,662 of them, one for each trading day from 08-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Invesco India Multi cap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Multi cap | 2.2 | 5.9 | 5.8 | 18.4 | 26.4 | 23.1 | 18.1 | 17.9% | 18.4% | −6.0% | 39.9% | 58% |
| Sundaram Large and Midcap | 1.3 | 3.5 | 4.2 | 24.7 | 40.6 | 20.2 | 5.5 | 16.5% | 16.6% | −3.7% | 31.7% | 12% |
| Nifty500 Multicap 50:25:25 TRI | 0.0 | 0.0 | 0.0 | 12.7 | 49.4 | 36.3 | 1.5 | 19.0% | 18.9% | 10.1% | 26.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty500 Multicap 50:25:25 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 08-01-2013. Past returns do not promise future returns.
Invesco India Multi cap vs Sundaram Large and Midcap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India Multi capInvesco India Multi cap Fund (Direct) | ₹16,60,000 | ₹52,05,647 | ₹35,45,647 | 15.3% |
| Sundaram Large and MidcapSundaram Large and Midcap Fund (Direct) | ₹16,60,000 | ₹48,88,057 | ₹32,28,057 | 14.5% |
Invesco India Multi capInvesco India Multi cap Fund (Direct)
Sundaram Large and MidcapSundaram Large and Midcap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Invesco India Multi cap vs Sundaram Large and Midcap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Multi cap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.27% | −3.04% |
| Standard deviation | 16.64% | 16.87% |
| Sharpe ratio | -0.57 | -0.49 |
| Sortino ratio | -0.79 | -0.67 |
| Maximum drawdown | −18.0% (30-03-2026) | −13.9% (31-03-2026) |
| Beta | 1.08 | 1.07 |
| Alpha | +2.67% | +4.27% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Invesco India Multi cap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.21% | +12.88% |
| Standard deviation | 15.87% | 15.14% |
| Sharpe ratio | 0.39 | 0.45 |
| Sortino ratio | 0.53 | 0.61 |
| Maximum drawdown | −22.6% (30-03-2026) | −18.9% (28-02-2025) |
| Beta | 1.01 | 0.98 |
| Alpha | +0.89% | +1.44% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Invesco India Multi cap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.49% | +10.18% |
| Standard deviation | 15.20% | 14.86% |
| Sharpe ratio | 0.31 | 0.29 |
| Sortino ratio | 0.41 | 0.40 |
| Maximum drawdown | −22.6% (30-03-2026) | −20.3% (20-06-2022) |
| Beta | 0.97 | 0.97 |
| Alpha | +0.11% | −0.30% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Invesco India Multi cap Fund (Direct) | Sundaram Large and Midcap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.68% | +14.26% |
| Standard deviation | 15.76% | 15.35% |
| Sharpe ratio | 0.67 | 0.54 |
| Sortino ratio | 0.90 | 0.72 |
| Maximum drawdown | −38.0% (23-03-2020) | −38.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Invesco India Multi cap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Multi cap Fund (Direct) | −38.0% | 12-01-2018 | 23-03-2020 | 20-11-2020 | 8 months | −9.6% |
| Sundaram Large and Midcap Fund (Direct) | −38.0% | 07-02-2020 | 23-03-2020 | 01-12-2020 | 8 months | −11.1% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
From daily values since 08-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Multi cap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Multi cap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Multi cap Fund (Direct)
Sundaram Large and Midcap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India Multi cap Fund (Direct) | 101% | 100% | 4.56% |
| Sundaram Large and Midcap Fund (Direct) | 99% | 99% | 4.84% |
From month-end values since 08-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Invesco India Multi cap vs Sundaram Large and Midcap: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Multi cap Fund, September 2026; Sundaram Large and Midcap Fund, September 2026
Holdings in common
- Overlap
- 29.7%
- Held by both
- 16
- Only in Invesco India Multi cap
- 57
- Only in Sundaram Large and Midcap
- 21
| Security | % of Invesco India Multi cap | % of Sundaram Large and Midcap |
|---|---|---|
| Eternal Limited | 4.33% | 4.11% |
| InterGlobe Aviation Limited | 2.70% | 2.91% |
| ICICI Bank Limited | 3.57% | 2.41% |
| TVS Motor Company Limited | 2.28% | 2.71% |
| Cholamandalam Investment and Finance Company Limited | 1.95% | 2.92% |
| Coforge Limited | 2.05% | 1.95% |
| Delhivery Limited | 1.82% | 1.98% |
| Prestige Estates Projects Limited | 2.02% | 1.81% |
| The Phoenix Mills Limited | 1.72% | 1.79% |
| FSN E-Commerce Ventures Limited | 1.67% | 2.90% |
| Bharti Airtel Limited | 1.62% | 2.22% |
| UltraTech Cement Limited | 1.32% | 2.19% |
| Larsen & Toubro Limited | 1.26% | 2.89% |
| Dhoot Transmission Ltd | 1.45% | 1.26% |
| Mahindra & Mahindra Limited | 0.95% | 2.19% |
| PB Fintech Limited | 0.89% | 1.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.7% means 29.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Invesco India Multi cap Fund
| Security | % of fund |
|---|---|
| Sai Life Sciences Limited | 2.71% |
| Axis Bank Limited | 2.41% |
| Krishna Institute Of Medical Sciences Limited | 2.38% |
| Dr Agarwals Health Care Limited | 2.25% |
| AU Small Finance Bank Limited | 2.14% |
Largest holdings only in Sundaram Large and Midcap Fund
| Security | % of fund |
|---|---|
| Radico Khaitan Ltd | 5.19% |
| Lenskart Solutions Limited | 4.67% |
| MTAR Technologies Ltd | 3.84% |
| One 97 Communications Ltd | 3.73% |
| Shriram Finance Ltd | 3.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Multi cap | Sundaram Large and Midcap |
|---|---|---|
| Equity | 99.5% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.5% | 3.3% |
Market cap of stocks
| Market cap | Invesco India Multi cap | Sundaram Large and Midcap |
|---|---|---|
| Large Cap | 37.0% | 36.1% |
| Mid Cap | 27.7% | 35.0% |
| Small Cap | 30.6% | 21.1% |
| Not on AMFI's list | 4.1% | 4.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Invesco India Multi cap | Sundaram Large and Midcap |
|---|---|---|
| Banks | 15.2% | 10.1% |
| Retailing | 10.3% | 11.7% |
| Finance | 4.6% | 9.9% |
| Electrical Equipment | 4.1% | 8.9% |
| Capital Markets | 8.4% | 1.4% |
| Healthcare Services | 8.0% | 1.2% |
| It - Software | 0.0% | 7.4% |
| Industrial Products | 3.1% | 7.2% |
| Auto Components | 4.9% | 2.4% |
| Pharmaceuticals & Biotechnology | 4.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Multi cap vs Sundaram Large and Midcap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Multi cap Fund | Sundaram Large and Midcap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.94% | 1.30% |
| Base expense ratio (Direct) | 0.63% | 0.68% |
| Total expense ratio (Regular) | 2.09% | 2.31% |
| Base expense ratio (Regular) | 1.63% | 1.55% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Invesco India Multi cap with
Compare Sundaram Large and Midcap with
Invesco India Multi cap Fund vs Sundaram Large and Midcap Fund: Frequently Asked Questions
What is the difference between Invesco India Multi cap Fund and Sundaram Large and Midcap Fund?
Invesco India Multi cap Fund is a Multi Cap fund, Sundaram Large and Midcap Fund is a Large & Mid Cap fund, run by Invesco Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 29.7%. Invesco India Multi cap Fund charges 0.94% a year and Sundaram Large and Midcap Fund 1.30%.
Which has given higher returns, Invesco India Multi cap Fund or Sundaram Large and Midcap Fund?
Over 1 year: Invesco India Multi cap Fund −4.27%, Sundaram Large and Midcap Fund −3.04%. Over 3 years: Invesco India Multi cap Fund +12.21% a year, Sundaram Large and Midcap Fund +12.88% a year. Over 5 years: Invesco India Multi cap Fund +10.49% a year, Sundaram Large and Midcap Fund +10.18% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Multi cap Fund or Sundaram Large and Midcap Fund?
Invesco India Multi cap Fund charges less: 0.94% a year against 1.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Multi cap Fund and Sundaram Large and Midcap Fund overlap?
29.7%. They hold 16 of the same securities, the largest shared ones being ETERNAL, INDIGO, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Multi cap Fund or Sundaram Large and Midcap Fund?
On SEBI's riskometer, Invesco India Multi cap Fund is rated Very High and Sundaram Large and Midcap Fund Very High. Over 3 years, the standard deviation of daily returns was 15.87% and 15.14% a year.
Which is better for SIP, Invesco India Multi cap Fund or Sundaram Large and Midcap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,90,839 in Invesco India Multi cap Fund (XIRR 10.2% a year) and ₹7,84,222 in Sundaram Large and Midcap Fund (XIRR 9.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Invesco India Multi cap Fund and Sundaram Large and Midcap Fund?
Yes. 29.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Invesco India Multi cap Fund and Sundaram Large and Midcap Fund?
Invesco India Multi cap Fund: Taher Badshah, Deepak Gupta, Manish Poddar. Sundaram Large and Midcap Fund: Madanagopal Ramu, Shalav Saket.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.