Nippon India Medium Term Fund vs Sundaram Medium Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Medium Term Fund and Sundaram Medium Term Fund are both Medium Duration funds. In the 3 years to 30-10-2026, Nippon India Medium Term Fund (Direct) returned 8.2% a year and Sundaram Medium Term Fund (Direct) returned 5.7% a year. Nippon India Medium Term Fund charges 0.50% a year and Sundaram Medium Term Fund 1.17% (Direct plans). Their portfolios overlap 0.3%: they hold 1 of the same security.
Nippon India Medium Term Fund
Medium Duration
- 3 year return
- 8.2%
- Expense ratio
- 0.50%
- NAV
- ₹18.33
Sundaram Medium Term Fund
Medium Duration
- 3 year return
- 5.7%
- Expense ratio
- 1.17%
- NAV
- ₹80.15
Which is better, Nippon India 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.
- Nippon India Medium Term returned more over 5 years: 6.8% a year against 4.7%.
- Nippon India Medium Term returned more over 3 years: 8.2% a year against 5.7%.
- Nippon India Medium Term costs less: 0.50% a year against 1.17% (Direct plans).
- Sundaram Medium Term swung less over 3 years: a standard deviation of 1.3% a year against 1.7%.
- Sundaram Medium Term fell less in its worst fall since 30-06-2014: −5.2% against −29.8%.
- Nippon India Medium Term is the larger fund: ₹146 Cr against ₹32 Cr.
- Their portfolios overlap 0.3%: 1 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 | Nippon India Medium Term Fund | Sundaram Medium Term Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Sundaram Mutual Fund |
| Category | Medium Duration | Medium Duration |
| AUM | ₹146 Cr (30-09-2026) | ₹32 Cr (30-09-2026) |
| NAV | ₹18.33 (Direct) | ₹80.15 (Direct) |
| Expense ratio (Direct) | 0.50% | 1.17% |
| Expense ratio (Regular) | 1.08% | 1.90% |
| Riskometer | Moderately High | Moderate |
| Benchmark | CRISIL Medium Duration Debt A-III Index | NIFTY Medium Duration Debt Index A-III |
| Launch date | 26-06-2014 | 18-12-1997 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sushil Budhia | Sandeep Agarwal, Kumaresh Ramakrishnan |
| Exit load | Exit load of 1% if redeemed within 12 months | NIL |
Nippon India 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 |
|---|---|---|---|---|---|---|---|
| Nippon India Medium Term Fund (Direct) | −0.28% | +0.08% | +2.62% | +4.94% | +8.23% | +6.75% | +3.51% |
| 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.
Nippon India Medium Term vs Sundaram Medium Term: Year-wise Returns
| Year | Nippon IndiaNippon India Medium Term | SundaramSundaram Medium Term |
|---|---|---|
| 2026to date | +3.99% | +1.77% |
| 2025 | +10.23% | +6.52% |
| 2024 | +8.90% | +7.16% |
| 2023 | +7.62% | +6.34% |
| 2022 | +2.60% | +1.67% |
| 2021 | +18.09% | +2.72% |
Nippon India Medium Term vs Sundaram Medium Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,259 of them, one for each trading day from 30-06-2017 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.
Nippon India Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
to
Mar 2018Oct 2016
to
Oct 2019May 2018
to
May 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Medium Term | 32.3 | 5.8 | 55.8 | 6.1 | 0.0 | 0.0 | 0.0 | 3.9% | 7.5% | −8.3% | 11.6% |
| Sundaram Medium Term | 0.0 | 28.4 | 70.7 | 0.9 | 0.0 | 0.0 | 0.0 | 6.3% | 6.7% | 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 30-06-2014. Past returns do not promise future returns.
Nippon India 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 30-06-2014 to 30-10-2026: 149 instalments, ₹14,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Medium TermNippon India Medium Term Fund (Direct) | ₹14,90,000 | ₹20,24,707 | ₹5,34,707 | 4.8% |
| Sundaram Medium TermSundaram Medium Term Fund (Direct) | ₹14,90,000 | ₹21,27,649 | ₹6,37,649 | 5.6% |
Nippon India Medium TermNippon India 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.
Nippon India 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 | Nippon India Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.94% | +2.45% |
| Standard deviation | 1.43% | 1.46% |
| Sharpe ratio | -0.21 | -1.91 |
| Sortino ratio | -0.30 | -2.48 |
| Maximum drawdown | −0.7% (02-04-2026) | −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 | Nippon India Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.23% | +5.74% |
| Standard deviation | 1.73% | 1.27% |
| Sharpe ratio | 1.27 | -0.23 |
| Sortino ratio | 2.89 | -0.31 |
| Maximum drawdown | −0.7% (02-04-2026) | −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 | Nippon India Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +4.74% |
| Standard deviation | 1.65% | 1.51% |
| Sharpe ratio | 0.57 | -0.70 |
| Sortino ratio | 1.07 | -0.92 |
| Maximum drawdown | −1.6% (06-05-2022) | −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 | Nippon India Medium Term Fund (Direct) | Sundaram Medium Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.02% | +6.55% |
| Standard deviation | 8.51% | 2.86% |
| Sharpe ratio | -0.09 | 0.18 |
| Sortino ratio | -0.10 | 0.25 |
| Maximum drawdown | −29.8% (19-03-2020) | −8.0% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-06-2014 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.
Nippon India 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 |
|---|---|---|---|---|---|---|
| Nippon India Medium Term Fund (Direct) | −29.8% | 02-04-2019 | 19-03-2020 | 25-07-2024 | 52 months | −0.5% |
| Sundaram Medium Term Fund (Direct) | −5.2% | 04-03-2020 | 23-03-2020 | 11-06-2020 | 3 months | −1.1% |
From daily values since 30-06-2014, 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.
Nippon India 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.
Nippon India 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.
Nippon India Medium Term Fund (Direct)
Sundaram Medium Term Fund (Direct)
Nippon India Medium Term vs Sundaram Medium Term: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Medium Term Fund, September 2026; Sundaram Medium Term Fund, September 2026
Holdings in common
- Overlap
- 0.3%
- Held by both
- 1
- Only in Nippon India Medium Term
- 27
- Only in Sundaram Medium Term
- 15
| Security | % of Nippon India Medium Term | % of Sundaram Medium Term |
|---|---|---|
| Corporate Debt Market Development Fund Class A2 | 0.34% | 0.42% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.3% means 0.3% 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 Nippon India Medium Term Fund
| Security | % of fund |
|---|---|
| 7.44% National Bank For Agriculture and Rural Development | 6.78% |
| Indian Railway Finance Corporation Limited | 3.63% |
| 8.8% REC Limited | 3.50% |
| 10.5% Triumph Composites Limited | 3.50% |
| 9.25% Truhome Finance Limited | 3.45% |
Largest holdings only in Sundaram Medium Term Fund
| Security | % of fund |
|---|---|
| 6.53% Tamil Nadu State Development Loan 06/01/2031 | 17.92% |
| 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% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Medium Term | Sundaram Medium Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 84.2% | 90.8% |
| Cash and others | 15.8% | 9.2% |
Nippon India Medium Term vs Sundaram Medium Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Medium Term Fund | Sundaram Medium Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.50% | 1.17% |
| Base expense ratio (Direct) | 0.43% | 0.99% |
| Total expense ratio (Regular) | 1.08% | 1.90% |
| Base expense ratio (Regular) | 0.92% | 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 Nippon India Medium Term with
Nippon India Medium Term Fund vs Sundaram Medium Term Fund: Frequently Asked Questions
What is the difference between Nippon India Medium Term Fund and Sundaram Medium Term Fund?
Both are Medium Duration funds, run by Nippon India Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 0.3%. Nippon India Medium Term Fund charges 0.50% a year and Sundaram Medium Term Fund 1.17%.
Which has given higher returns, Nippon India Medium Term Fund or Sundaram Medium Term Fund?
Over 1 year: Nippon India Medium Term Fund +4.94%, Sundaram Medium Term Fund +2.45%. Over 3 years: Nippon India Medium Term Fund +8.23% a year, Sundaram Medium Term Fund +5.74% a year. Over 5 years: Nippon India Medium Term Fund +6.75% 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, Nippon India Medium Term Fund or Sundaram Medium Term Fund?
Nippon India Medium Term Fund charges less: 0.50% a year against 1.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Medium Term Fund and Sundaram Medium Term Fund overlap?
0.3%. They hold 1 of the same securities, the largest shared ones being Corporate Debt Market Development Fund Class A2. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Medium Term Fund or Sundaram Medium Term Fund?
On SEBI's riskometer, Nippon India Medium Term Fund is rated Moderately High and Sundaram Medium Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.73% and 1.27% a year.
Which is better for SIP, Nippon India 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 ₹7,38,087 in Nippon India Medium Term Fund (XIRR 7.4% 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 Nippon India Medium Term Fund and Sundaram Medium Term Fund?
Yes. 0.3% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Nippon India Medium Term Fund and Sundaram Medium Term Fund?
Nippon India Medium Term Fund: Sushil Budhia. 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.