Kotak Medium Term Fund vs Sundaram Medium Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Medium Term Fund and Sundaram Medium Term Fund are both Medium Duration funds. In the 3 years to 30-10-2026, Kotak Medium Term Fund (Direct) returned 8.6% a year and Sundaram Medium Term Fund (Direct) returned 5.7% a year. Kotak Medium Term Fund charges 0.67% a year and Sundaram Medium Term Fund 1.17% (Direct plans). Their portfolios overlap 0.5%: they hold 2 of the same securities.
Kotak Medium Term Fund
Medium Duration
- 3 year return
- 8.6%
- Expense ratio
- 0.67%
- NAV
- ₹27.43
Sundaram Medium Term Fund
Medium Duration
- 3 year return
- 5.7%
- Expense ratio
- 1.17%
- NAV
- ₹80.15
Which is better, Kotak Medium Term or Sundaram Medium Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Medium Term returned more over 5 years: 7.2% a year against 4.7%.
- Kotak Medium Term returned more over 3 years: 8.6% a year against 5.7%.
- Kotak Medium Term costs less: 0.67% a year against 1.17% (Direct plans).
- Sundaram Medium Term swung less over 3 years: a standard deviation of 1.3% a year against 1.4%.
- Kotak Medium Term fell less in its worst fall since 25-03-2014: −5.2% against −5.2%.
- Kotak Medium Term is the larger fund: ₹1,912 Cr against ₹32 Cr.
- Their portfolios overlap 0.5%: 2 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 | Kotak Medium Term Fund | Sundaram Medium Term Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Sundaram Mutual Fund |
| Category | Medium Duration | Medium Duration |
| AUM | ₹1,912 Cr (30-09-2026) | ₹32 Cr (30-09-2026) |
| NAV | ₹27.43 (Direct) | ₹80.15 (Direct) |
| Expense ratio (Direct) | 0.67% | 1.17% |
| Expense ratio (Regular) | 1.63% | 1.90% |
| Riskometer | Moderately High | Moderate |
| Benchmark | CRISIL Medium Duration Debt A-III Index | NIFTY Medium Duration Debt Index A-III |
| Launch date | 21-03-2014 | 18-12-1997 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Agrawal, Vihag Mishra | Sandeep Agarwal, Kumaresh Ramakrishnan |
| Exit load | NIL | NIL |
Kotak Medium Term vs Sundaram Medium Term: 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 |
|---|---|---|---|---|---|---|---|
| Kotak Medium Term Fund (Direct) | −0.46% | +0.04% | +2.78% | +5.09% | +8.61% | +7.20% | +7.35% |
| Sundaram Medium Term Fund (Direct) | −0.52% | −0.68% | +1.34% | +2.45% | +5.74% | +4.74% | +5.61% |
| Medium Duration average | −0.34% | −0.09% | +2.51% | +4.72% | +7.66% | +6.88% | +6.78% |
Category average: the average of the 13 Medium Duration funds, same plan type.
Kotak Medium Term vs Sundaram Medium Term: Year-wise Returns
| Year | KotakKotak Medium Term | SundaramSundaram Medium Term |
|---|---|---|
| 2026to date | +3.99% | +1.77% |
| 2025 | +9.94% | +6.52% |
| 2024 | +10.07% | +7.16% |
| 2023 | +7.17% | +6.34% |
| 2022 | +4.27% | +1.67% |
| 2021 | +5.71% | +2.72% |
Kotak Medium Term vs Sundaram Medium Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,322 of them, one for each trading day from 27-03-2017 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.
Kotak Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
to
Jan 2018Aug 2016
to
Aug 2019Apr 2018
to
Apr 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Medium Term | 0.0 | 0.0 | 91.6 | 8.4 | 0.0 | 0.0 | 0.0 | 8.0% | 7.7% | 5.5% | 11.5% |
| Sundaram Medium Term | 0.0 | 27.6 | 70.8 | 1.5 | 0.0 | 0.0 | 0.0 | 6.4% | 6.8% | 3.1% | 10.3% |
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. Every fund is measured over the days all of them have, from 25-03-2014. Past returns do not promise future returns.
Kotak Medium Term vs Sundaram Medium Term: 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 25-03-2014 to 30-10-2026: 152 instalments, ₹15,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Medium TermKotak Medium Term Fund (Direct) | ₹15,20,000 | ₹25,21,953 | ₹10,01,953 | 7.7% |
| Sundaram Medium TermSundaram Medium Term Fund (Direct) | ₹15,20,000 | ₹21,95,097 | ₹6,75,097 | 5.6% |
Kotak Medium TermKotak Medium Term Fund (Direct)
Sundaram Medium TermSundaram Medium Term 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.
Kotak Medium Term vs Sundaram Medium Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.09% | +2.45% |
| Standard deviation | 1.70% | 1.46% |
| Sharpe ratio | -0.09 | -1.91 |
| Sortino ratio | -0.13 | -2.48 |
| Maximum drawdown | −1.2% (23-10-2026) | −1.2% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Kotak Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.61% | +5.74% |
| Standard deviation | 1.44% | 1.27% |
| Sharpe ratio | 1.80 | -0.23 |
| Sortino ratio | 2.67 | -0.31 |
| Maximum drawdown | −1.2% (23-10-2026) | −1.2% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Kotak Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.20% | +4.74% |
| Standard deviation | 1.46% | 1.51% |
| Sharpe ratio | 0.96 | -0.70 |
| Sortino ratio | 1.35 | -0.92 |
| Maximum drawdown | −1.5% (17-06-2022) | −2.5% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Kotak Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.31% | +6.55% |
| Standard deviation | 1.92% | 2.86% |
| Sharpe ratio | 1.29 | 0.18 |
| Sortino ratio | 1.89 | 0.25 |
| Maximum drawdown | −5.2% (29-04-2020) | −8.0% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 25-03-2014 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.
Kotak Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Medium Term Fund (Direct) | −5.2% | 04-03-2020 | 29-04-2020 | 30-06-2020 | 2 months | −0.9% |
| Sundaram Medium Term Fund (Direct) | −5.2% | 04-03-2020 | 23-03-2020 | 11-06-2020 | 3 months | −1.1% |
From daily values since 25-03-2014, 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.
Kotak Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
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.
Kotak Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
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.
Kotak Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
Kotak Medium Term vs Sundaram Medium Term: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Medium Term Fund, September 2026; Sundaram Medium Term Fund, September 2026
Holdings in common
- Overlap
- 0.5%
- Held by both
- 2
- Only in Kotak Medium Term
- 59
- Only in Sundaram Medium Term
- 14
| Security | % of Kotak Medium Term | % of Sundaram Medium Term |
|---|---|---|
| SBI ALTERNATIVE INVESTMENT FUND | 0.31% | 0.42% |
| Tamil Nadu State Govt - 2031 - Tamil Nadu | 0.15% | 17.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.5% means 0.5% 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 Kotak Medium Term Fund
| Security | % of fund |
|---|---|
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) | 5.64% |
| L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) (^) | 5.04% |
| BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD | 4.72% |
| ADANI POWER LTD | 4.68% |
| EMBASSY OFFICE PARKS REIT | 4.06% |
Largest holdings only in Sundaram Medium Term Fund
| Security | % of fund |
|---|---|
| 6.48% Central Government Securities 06/10/2035 | 17.69% |
| 6.36% Central Government Securities 16/02/2031 | 12.11% |
| Cholamandalam Investment and Finance Company Ltd - 7.38% - 28/05/2027 | 6.14% |
| Small Industries Development Bank of India - 7.42% - 12/03/2029 | 6.11% |
| National Bank for Agriculture & Rural Development - 7.01% - 16/03/2029 | 6.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Medium Term | Sundaram Medium Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 86.2% | 90.8% |
| Cash and others | 13.8% | 9.2% |
Kotak Medium Term vs Sundaram Medium Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Medium Term Fund | Sundaram Medium Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.67% | 1.17% |
| Base expense ratio (Direct) | 0.57% | 0.99% |
| Total expense ratio (Regular) | 1.63% | 1.90% |
| Base expense ratio (Regular) | 1.38% | 1.63% |
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 Kotak Medium Term with
Kotak Medium Term Fund vs Sundaram Medium Term Fund: Frequently Asked Questions
What is the difference between Kotak Medium Term Fund and Sundaram Medium Term Fund?
Both are Medium Duration funds, run by Kotak Mahindra Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 0.5%. Kotak Medium Term Fund charges 0.67% a year and Sundaram Medium Term Fund 1.17%.
Which has given higher returns, Kotak Medium Term Fund or Sundaram Medium Term Fund?
Over 1 year: Kotak Medium Term Fund +5.09%, Sundaram Medium Term Fund +2.45%. Over 3 years: Kotak Medium Term Fund +8.61% a year, Sundaram Medium Term Fund +5.74% a year. Over 5 years: Kotak Medium Term Fund +7.20% a year, Sundaram Medium Term Fund +4.74% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Medium Term Fund or Sundaram Medium Term Fund?
Kotak Medium Term Fund charges less: 0.67% a year against 1.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Medium Term Fund and Sundaram Medium Term Fund overlap?
0.5%. They hold 2 of the same securities, the largest shared ones being SBI ALTERNATIVE INVESTMENT FUND, Tamil Nadu State Govt - 2031 - Tamil Nadu. From each fund's latest monthly portfolio.
Which is riskier, Kotak Medium Term Fund or Sundaram Medium Term Fund?
On SEBI's riskometer, Kotak Medium Term Fund is rated Moderately High and Sundaram Medium Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.44% and 1.27% a year.
Which is better for SIP, Kotak Medium Term Fund or Sundaram Medium Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,42,005 in Kotak Medium Term Fund (XIRR 7.7% a year) and ₹6,93,743 in Sundaram Medium Term Fund (XIRR 5.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Medium Term Fund and Sundaram Medium Term Fund?
Yes. 0.5% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Kotak Medium Term Fund and Sundaram Medium Term Fund?
Kotak Medium Term Fund: Deepak Agrawal, Vihag Mishra. Sundaram Medium Term Fund: Sandeep Agarwal, Kumaresh Ramakrishnan.
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.