NJ Value Fund vs Sundaram Multi-Factor Fund
Direct Plan, Growth option · Data as on 30-10-2026
NJ Value Fund is a Value and Contra fund and Sundaram Multi-Factor Fund is a Thematic fund. NJ Value Fund charges 1.60% a year and Sundaram Multi-Factor Fund 1.68% (Direct plans). Their portfolios overlap 32.4%: they hold 26 of the same securities.
Which is better, NJ Value or Sundaram Multi-Factor? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- NJ Value costs less: 1.60% a year against 1.68% (Direct plans).
- Sundaram Multi-Factor fell less in its worst fall since 03-08-2026: −9.2% against −10.7%.
- Sundaram Multi-Factor holds more in large companies: 59.7% of the fund in large caps against 40.9%.
- Their portfolios overlap 32.4%: 26 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 | NJ Value Fund | Sundaram Multi-Factor Fund |
|---|---|---|
| Fund house | NJ Mutual Fund | Sundaram Mutual Fund |
| Category | Value and Contra | Thematic |
| AUM | Not available | ₹790 Cr (30-09-2026) |
| NAV | ₹9.11 (Direct) | ₹9.40 (Direct) |
| Expense ratio (Direct) | 1.60% | 1.68% |
| Expense ratio (Regular) | 3.39% | 3.14% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 200 TRI |
| Launch date | 30-07-2026 | 22-07-2025 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Dhaval Patel, Viral Shah, Jaimin Ilavia | Rohit Seksaria, S. Bharath, Sandeep Agarwal |
| Exit load | Nil | 1% of the applicable NAV - Any redemptions, switch or withdrawals by way of SWP would be subject to an exit load within 365 days from the date of allotment. NIL - if the units are redeemed after 365 days from the date of allotment of units. Further, exit load will be waived on Intra-scheme Switch-outs/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. |
NJ Value vs Sundaram Multi-Factor: 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 |
|---|---|---|---|---|---|---|---|
| NJ Value Fund (Direct) | −1.19% | -- | -- | -- | -- | -- | -- |
| Sundaram Multi-Factor Fund (Direct) | −0.69% | −4.81% | −5.99% | −9.32% | -- | -- | -- |
| Value and Contra average | −2.09% | -- | -- | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 30 Value and Contra funds and the 235 Thematic funds, same plan type.
NJ Value vs Sundaram Multi-Factor: Year-wise Returns
| Year | NJ ValueNJ Value | Sundaram Multi-FactorSundaram Multi-Factor |
|---|---|---|
| 2026to date | -- | −11.37% |
NJ Value vs Sundaram Multi-Factor: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of NJ Value Fund
NJ Value vs Sundaram Multi-Factor: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | NJ Value Fund (Direct) | Sundaram Multi-Factor Fund (Direct) |
|---|---|---|
| Return (CAGR) | −33.20% | −4.83% |
| Standard deviation | 11.23% | 13.38% |
| Sharpe ratio | -3.42 | -0.76 |
| Sortino ratio | -3.90 | -1.00 |
| Maximum drawdown | −10.7% (23-10-2026) | −14.9% (31-03-2026) |
| Beta | 0.94 | 0.95 |
| Alpha | −6.42% | −0.73% |
From daily NAVs, 03-08-2026 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.
NJ Value Fund (Direct)
Sundaram Multi-Factor Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| NJ Value Fund (Direct) | −10.7% | 05-08-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| Sundaram Multi-Factor Fund (Direct) | −9.2% | 12-08-2026 | 23-10-2026 | Not yet | -- | −6.9% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 03-08-2026, the first day every fund has.
NJ Value vs Sundaram Multi-Factor: Portfolio Overlap
From each fund's latest monthly portfolio: NJ Value Fund, September 2026; Sundaram Multi-Factor Fund, September 2026
Holdings in common
- Overlap
- 32.4%
- Held by both
- 26
- Only in NJ Value
- 49
- Only in Sundaram Multi-Factor
- 42
| Security | % of NJ Value | % of Sundaram Multi-Factor |
|---|---|---|
| Bosch Limited | 1.64% | 2.71% |
| Hero MotoCorp Limited | 1.39% | 1.46% |
| MRF Limited | 1.35% | 1.41% |
| GAIL (India) Limited | 1.35% | 1.36% |
| Punjab National Bank | 1.41% | 1.32% |
| Power Grid Corporation of India Limited | 1.31% | 1.35% |
| ITC Limited | 1.34% | 1.31% |
| Oil & Natural Gas Corporation Limited | 1.33% | 1.31% |
| NTPC Limited | 1.33% | 1.30% |
| Reliance Industries Limited | 1.30% | 2.33% |
| Bharti Airtel Limited | 1.28% | 1.53% |
| Bank of Baroda | 1.34% | 1.27% |
| Hindalco Industries Limited | 1.38% | 1.27% |
| Union Bank of India | 1.41% | 1.26% |
| Infosys Limited | 1.26% | 2.00% |
| Canara Bank | 1.35% | 1.26% |
| Larsen & Toubro Limited | 1.37% | 1.24% |
| Wipro Limited | 1.24% | 1.94% |
| Muthoot Finance Limited | 1.24% | 1.55% |
| Zydus Lifesciences Limited | 1.48% | 1.21% |
| Lupin Limited | 1.20% | 2.79% |
| Tata Consultancy Services Limited | 1.24% | 1.19% |
| Samvardhana Motherson International Limited | 1.55% | 1.18% |
| REC Limited | 1.13% | 2.13% |
| Bajaj Auto Limited | 1.35% | 1.13% |
| Power Finance Corporation Limited | 1.08% | 0.48% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.4% means 32.4% 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 NJ Value Fund
| Security | % of fund |
|---|---|
| Redington Limited | 1.81% |
| The Great Eastern Shipping Company Limited | 1.66% |
| Jubilant Foodworks Limited | 1.49% |
| DLF Limited | 1.46% |
| Jindal Stainless Limited | 1.46% |
Largest holdings only in Sundaram Multi-Factor Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Ltd | 3.18% |
| HDFC Bank Ltd | 3.05% |
| ICICI Bank Ltd | 2.65% |
| Oracle Financial Services Software Ltd | 2.51% |
| Titan Company Ltd | 2.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | NJ Value | Sundaram Multi-Factor |
|---|---|---|
| Equity | 99.4% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.6% | 0.3% |
Market cap of stocks
| Market cap | NJ Value | Sundaram Multi-Factor |
|---|---|---|
| Large Cap | 40.9% | 59.7% |
| Mid Cap | 34.3% | 39.9% |
| Small Cap | 24.1% | 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 | NJ Value | Sundaram Multi-Factor |
|---|---|---|
| Banks | 12.2% | 14.0% |
| Electrical Equipment | 0.0% | 8.9% |
| Pharmaceuticals & Biotechnology | 7.9% | 8.9% |
| IT - Software | 8.7% | 0.0% |
| Finance | 8.6% | 8.0% |
| Auto Components | 8.3% | 6.6% |
| It - Software | 0.0% | 7.7% |
| Automobiles | 4.0% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
NJ Value vs Sundaram Multi-Factor: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | NJ Value Fund | Sundaram Multi-Factor Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.60% | 1.68% |
| Base expense ratio (Direct) | 0.58% | 0.72% |
| Total expense ratio (Regular) | 3.39% | 3.14% |
| Base expense ratio (Regular) | 2.10% | 2.03% |
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
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NJ Value Fund vs Sundaram Multi-Factor Fund: Frequently Asked Questions
What is the difference between NJ Value Fund and Sundaram Multi-Factor Fund?
NJ Value Fund is a Value and Contra fund, Sundaram Multi-Factor Fund is a Thematic fund, run by NJ Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 32.4%. NJ Value Fund charges 1.60% a year and Sundaram Multi-Factor Fund 1.68%.
Which has the lower expense ratio, NJ Value Fund or Sundaram Multi-Factor Fund?
NJ Value Fund charges less: 1.60% a year against 1.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do NJ Value Fund and Sundaram Multi-Factor Fund overlap?
32.4%. They hold 26 of the same securities, the largest shared ones being BOSCHLTD, HEROMOTOCO, MRF. From each fund's latest monthly portfolio.
Which is riskier, NJ Value Fund or Sundaram Multi-Factor Fund?
On SEBI's riskometer, NJ Value Fund is rated Very High and Sundaram Multi-Factor Fund Very High. Over their common history, the standard deviation of daily returns was 11.23% and 13.38% a year.
Can I invest in both NJ Value Fund and Sundaram Multi-Factor Fund?
Yes. 32.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages NJ Value Fund and Sundaram Multi-Factor Fund?
NJ Value Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia. Sundaram Multi-Factor Fund: Rohit Seksaria, S. Bharath, Sandeep Agarwal.
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.