LIC MF Equity Savings Fund vs Sundaram Nifty 100 Equal Weight Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Equity Savings Fund is an Equity Savings fund and Sundaram Nifty 100 Equal Weight Fund is an Index fund. In the 3 years to 30-10-2026, LIC MF Equity Savings Fund (Direct) returned 8.2% a year and Sundaram Nifty 100 Equal Weight Fund (Direct) returned 13.2% a year. LIC MF Equity Savings Fund charges 1.86% a year and Sundaram Nifty 100 Equal Weight Fund 0.76% (Direct plans). Their portfolios overlap 29.7%: they hold 32 of the same securities.
LIC MF Equity Savings Fund
Equity Savings
- 3 year return
- 8.2%
- Expense ratio
- 1.86%
- NAV
- ₹31.98
Sundaram Nifty 100 Equal Weight Fund
Index
- 3 year return
- 13.2%
- Expense ratio
- 0.76%
- NAV
- ₹183.14
Which is better, LIC MF Equity Savings or Sundaram Nifty 100 Equal Weight? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Nifty 100 Equal Weight returned more over 3 years: 13.2% a year against 8.2%.
- LIC MF Equity Savings returned more over 1 year: −0.3% against −3.9%.
- Sundaram Nifty 100 Equal Weight costs less: 0.76% a year against 1.86% (Direct plans).
- LIC MF Equity Savings swung less over 3 years: a standard deviation of 6.8% a year against 15.0%.
- LIC MF Equity Savings fell less in its worst fall since 31-07-2023: −7.5% against −21.2%.
- Sundaram Nifty 100 Equal Weight holds more in large companies: 93.3% of the fund in large caps against 40.1%.
- Sundaram Nifty 100 Equal Weight is the larger fund: ₹140 Cr against ₹39 Cr.
- Their portfolios overlap 29.7%: 32 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 | LIC MF Equity Savings Fund | Sundaram Nifty 100 Equal Weight Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | Sundaram Mutual Fund |
| Category | Equity Savings | Index |
| AUM | ₹39 Cr (30-09-2026) | ₹140 Cr (30-09-2026) |
| NAV | ₹31.98 (Direct) | ₹183.14 (Direct) |
| Expense ratio (Direct) | 1.86% | 0.76% |
| Expense ratio (Regular) | 2.83% | 1.24% |
| Riskometer | Moderate | Very High |
| Benchmark | Nifty Equity Savings Index | NIFTY 100 Equal Weighted TRI |
| Launch date | 07-03-2011 | 02-01-2013 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Siddharth Panjwani, Pratik Harish Shroff | Rohit Seksaria |
| Exit load | Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 3 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 3 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 3 months from the date of allotment. | Nil |
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: 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 |
|---|---|---|---|---|---|---|---|
| LIC MF Equity Savings Fund (Direct) | −1.15% | −1.22% | +0.64% | −0.33% | +8.23% | -- | -- |
| Sundaram Nifty 100 Equal Weight Fund (Direct) | −1.14% | −6.79% | −2.69% | −3.86% | +13.19% | -- | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | -- | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: Year-wise Returns
| Year | LIC MF Equity SavingsLIC MF Equity Savings | Sundaram Nifty 100 Equal WeightSundaram Nifty 100 Equal Weight |
|---|---|---|
| 2026to date | +0.33% | −3.59% |
| 2025 | +8.46% | +8.73% |
| 2024 | +10.05% | +16.85% |
| 2023 | -- | +29.62% |
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: Rolling Returns
Every holding period of both funds, against Nifty100 Equal Weight TRI, the benchmark of Sundaram Nifty 100 Equal Weight Fund
Rolling returns
Every 3-year holding period, 61 of them, one for each trading day from 31-07-2026 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.
LIC MF Equity Savings Fund (Direct)
Sundaram Nifty 100 Equal Weight Fund (Direct)
Nifty100 Equal Weight TRI
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC MF Equity Savings | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.8% | 8.7% | 7.8% | 9.7% | 0% |
| Sundaram Nifty 100 Equal Weight | 0.0 | 0.0 | 0.0 | 59.0 | 41.0 | 0.0 | 0.0 | 14.3% | 13.8% | 11.7% | 16.7% | 0% |
| Nifty100 Equal Weight TRI | 0.0 | 0.0 | 0.0 | 57.4 | 42.6 | 0.0 | 0.0 | 15.0% | 14.6% | 12.4% | 17.5% | -- |
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 Nifty100 Equal Weight 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 31-07-2023. Past returns do not promise future returns.
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: 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 31-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| LIC MF Equity SavingsLIC MF Equity Savings Fund (Direct) | ₹4,00,000 | ₹4,38,447 | ₹38,447 | 5.5% |
| Sundaram Nifty 100 Equal WeightSundaram Nifty 100 Equal Weight Fund (Direct) | ₹4,00,000 | ₹4,33,335 | ₹33,335 | 4.8% |
LIC MF Equity SavingsLIC MF Equity Savings Fund (Direct)
Sundaram Nifty 100 Equal WeightSundaram Nifty 100 Equal Weight 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.
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | LIC MF Equity Savings Fund (Direct) | Sundaram Nifty 100 Equal Weight Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.33% | −3.86% |
| Standard deviation | 5.43% | 15.05% |
| Sharpe ratio | -1.03 | -0.61 |
| Sortino ratio | -1.37 | -0.80 |
| Maximum drawdown | −5.5% (30-03-2026) | −13.2% (31-03-2026) |
| Beta | -- | 0.98 |
| Alpha | -- | −0.19% |
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 | LIC MF Equity Savings Fund (Direct) | Sundaram Nifty 100 Equal Weight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.23% | +13.19% |
| Standard deviation | 6.85% | 14.99% |
| Sharpe ratio | 0.32 | 0.48 |
| Sortino ratio | 0.44 | 0.65 |
| Maximum drawdown | −7.5% (03-03-2025) | −21.2% (28-02-2025) |
| Beta | -- | 0.98 |
| Alpha | -- | −0.53% |
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 | LIC MF Equity Savings Fund (Direct) | Sundaram Nifty 100 Equal Weight Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.75% | +10.27% |
| Standard deviation | 6.69% | 14.71% |
| Sharpe ratio | 0.25 | 0.30 |
| Sortino ratio | 0.34 | 0.40 |
| Maximum drawdown | −7.5% (03-03-2025) | −21.2% (28-02-2025) |
| Beta | -- | 0.98 |
| Alpha | -- | −0.46% |
From daily NAVs, 31-07-2023 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.
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.
LIC MF Equity Savings Fund (Direct)
Sundaram Nifty 100 Equal Weight Fund (Direct)
Nifty100 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Equity Savings Fund (Direct) | −7.5% | 16-12-2024 | 03-03-2025 | 16-04-2025 | 44 days | −2.9% |
| Sundaram Nifty 100 Equal Weight Fund (Direct) | −21.2% | 27-09-2024 | 28-02-2025 | 03-08-2026 | 17 months | −8.8% |
| Nifty100 Equal Weight TRI | −21.5% | 27-09-2024 | 28-02-2025 | 31-07-2026 | 17 months | −8.8% |
From daily values since 31-07-2023, 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.
LIC MF Equity Savings Fund (Direct)
Sundaram Nifty 100 Equal Weight Fund (Direct)
Nifty100 Equal Weight 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.
LIC MF Equity Savings Fund (Direct)
Sundaram Nifty 100 Equal Weight Fund (Direct)
Nifty100 Equal Weight TRI
Against Nifty100 Equal Weight TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| LIC MF Equity Savings Fund (Direct) | 42% | 28% | 11.12% |
| Sundaram Nifty 100 Equal Weight Fund (Direct) | 97% | 99% | 0.52% |
From month-end values since 31-07-2023. 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.
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Equity Savings Fund, September 2026; Sundaram Nifty 100 Equal Weight Fund, September 2026
Holdings in common
- Overlap
- 29.7%
- Held by both
- 32
- Only in LIC MF Equity Savings
- 28
- Only in Sundaram Nifty 100 Equal Weight
- 68
| Security | % of LIC MF Equity Savings | % of Sundaram Nifty 100 Equal Weight |
|---|---|---|
| Kotak Mahindra Bank Ltd. | 1.29% | 1.05% |
| Bharti Airtel Ltd. | 1.23% | 1.01% |
| Asian Paints Ltd. | 1.09% | 1.01% |
| Tata Steel Ltd. | 1.18% | 1.01% |
| State Bank of India | 2.23% | 1.00% |
| HDFC Bank Ltd. | 1.19% | 1.00% |
| Ultratech Cement Ltd. | 1.42% | 1.00% |
| Hindalco Industries Ltd. | 1.36% | 1.00% |
| Trent Ltd. | 1.53% | 0.99% |
| Bajaj Auto Ltd. | 1.79% | 0.99% |
| Cipla Ltd. | 2.66% | 0.99% |
| Divi's Laboratories Ltd. | 1.68% | 0.99% |
| Torrent Pharmaceuticals Ltd. | 1.59% | 0.99% |
| Eternal Ltd. | 2.01% | 0.99% |
| Tata Consultancy Services Ltd. | 1.43% | 0.98% |
| Bank of Baroda | 1.74% | 0.98% |
| Apollo Hospitals Enterprise Ltd. | 1.06% | 0.97% |
| Solar Industries India Ltd. | 1.60% | 0.97% |
| Titan Company Ltd. | 1.19% | 0.96% |
| ICICI Bank Ltd. | 0.96% | 1.01% |
| Hitachi Energy India Ltd. | 0.95% | 1.00% |
| Maruti Suzuki India Ltd. | 0.93% | 1.01% |
| Infosys Ltd. | 0.93% | 1.02% |
| Bajaj Finance Ltd. | 0.93% | 0.99% |
| Eicher Motors Ltd. | 0.92% | 0.99% |
| HDFC Asset Management Company Ltd. | 0.88% | 0.96% |
| Siemens Ltd. | 0.84% | 0.97% |
| HDFC Life Insurance Company Ltd. | 0.74% | 1.02% |
| Muthoot Finance Ltd. | 0.71% | 0.98% |
| Bharat Electronics Ltd. | 0.68% | 1.01% |
| Larsen & Toubro Ltd. | 0.68% | 0.99% |
| Hindustan Aeronautics Ltd. | 0.67% | 0.97% |
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 LIC MF Equity Savings Fund
| Security | % of fund |
|---|---|
| LIC MF LIQUID FUND-DR PLN-GR | 9.73% |
| APL Apollo Tubes Ltd. | 1.78% |
| Ashok Leyland Ltd. | 1.59% |
| Ajanta Pharma Ltd. | 1.47% |
| LG Electronics India Ltd. | 1.47% |
Largest holdings only in Sundaram Nifty 100 Equal Weight Fund
| Security | % of fund |
|---|---|
| Dr. Reddys Laboratories Ltd | 1.07% |
| Adani Ports and Special Economic Zone Ltd | 1.05% |
| Adani Enterprises | 1.03% |
| Indian Railway Finance Corporation Ltd | 1.03% |
| Axis Bank Ltd | 1.02% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Equity Savings | Sundaram Nifty 100 Equal Weight |
|---|---|---|
| Equity | 66.3% | 99.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 33.7% | 0.7% |
Market cap of stocks
| Market cap | LIC MF Equity Savings | Sundaram Nifty 100 Equal Weight |
|---|---|---|
| Large Cap | 40.1% | 93.3% |
| Mid Cap | 20.4% | 6.0% |
| Small Cap | 5.9% | 0.0% |
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 | LIC MF Equity Savings | Sundaram Nifty 100 Equal Weight |
|---|---|---|
| Finance | 2.1% | 9.9% |
| Banks | 9.4% | 8.9% |
| Pharmaceuticals & Biotechnology | 7.4% | 6.0% |
| Automobiles | 4.9% | 7.0% |
| Power | 0.0% | 6.0% |
| It - Software | 0.0% | 5.9% |
| Retailing | 5.7% | 3.0% |
| IT - Software | 4.5% | 0.0% |
| Consumer Durables | 4.2% | 2.0% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Equity Savings vs Sundaram Nifty 100 Equal Weight: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Equity Savings Fund | Sundaram Nifty 100 Equal Weight Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.86% | 0.76% |
| Base expense ratio (Direct) | 1.11% | 0.49% |
| Total expense ratio (Regular) | 2.83% | 1.24% |
| Base expense ratio (Regular) | 1.99% | 0.90% |
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
LIC MF Equity Savings Fund vs Sundaram Nifty 100 Equal Weight Fund: Frequently Asked Questions
What is the difference between LIC MF Equity Savings Fund and Sundaram Nifty 100 Equal Weight Fund?
LIC MF Equity Savings Fund is an Equity Savings fund, Sundaram Nifty 100 Equal Weight Fund is an Index fund, run by LIC Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 29.7%. LIC MF Equity Savings Fund charges 1.86% a year and Sundaram Nifty 100 Equal Weight Fund 0.76%.
Which has given higher returns, LIC MF Equity Savings Fund or Sundaram Nifty 100 Equal Weight Fund?
Over 1 year: LIC MF Equity Savings Fund −0.33%, Sundaram Nifty 100 Equal Weight Fund −3.86%. Over 3 years: LIC MF Equity Savings Fund +8.23% a year, Sundaram Nifty 100 Equal Weight Fund +13.19% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, LIC MF Equity Savings Fund or Sundaram Nifty 100 Equal Weight Fund?
Sundaram Nifty 100 Equal Weight Fund charges less: 0.76% a year against 1.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Equity Savings Fund and Sundaram Nifty 100 Equal Weight Fund overlap?
29.7%. They hold 32 of the same securities, the largest shared ones being KOTAKBANK, BHARTIARTL, ASIANPAINT. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Equity Savings Fund or Sundaram Nifty 100 Equal Weight Fund?
On SEBI's riskometer, LIC MF Equity Savings Fund is rated Moderate and Sundaram Nifty 100 Equal Weight Fund Very High. Over 3 years, the standard deviation of daily returns was 6.85% and 14.99% a year.
Which is better for SIP, LIC MF Equity Savings Fund or Sundaram Nifty 100 Equal Weight Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,00,245 in LIC MF Equity Savings Fund (XIRR 5.0% a year) and ₹3,89,975 in Sundaram Nifty 100 Equal Weight Fund (XIRR 3.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both LIC MF Equity Savings Fund and Sundaram Nifty 100 Equal Weight 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 LIC MF Equity Savings Fund and Sundaram Nifty 100 Equal Weight Fund?
LIC MF Equity Savings Fund: Siddharth Panjwani, Pratik Harish Shroff. Sundaram Nifty 100 Equal Weight Fund: Rohit Seksaria.
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.