SBI Equity Savings Fund vs Sundaram Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Equity Savings Fund and Sundaram Equity Savings Fund are both Equity Savings funds. In the 3 years to 30-10-2026, SBI Equity Savings Fund (Direct) returned 7.9% a year and Sundaram Equity Savings Fund (Direct) returned 8.8% a year. SBI Equity Savings Fund charges 1.46% a year and Sundaram Equity Savings Fund 1.35% (Direct plans). Their portfolios overlap 37.0%: they hold 26 of the same securities.
SBI Equity Savings Fund
Equity Savings
- 3 year return
- 7.9%
- Expense ratio
- 1.46%
- NAV
- ₹27.27
Sundaram Equity Savings Fund
Equity Savings
- 3 year return
- 8.8%
- Expense ratio
- 1.35%
- NAV
- ₹82.49
Which is better, SBI Equity Savings or Sundaram Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Equity Savings returned more over 3 years: 8.8% a year against 7.9%.
- SBI Equity Savings returned more over 1 year: 1.4% against −1.6%.
- Sundaram Equity Savings costs less: 1.35% a year against 1.46% (Direct plans).
- SBI Equity Savings swung less over 3 years: a standard deviation of 4.8% a year against 5.5%.
- Sundaram Equity Savings fell less in its worst fall since 03-01-2022: −6.2% against −7.1%.
- SBI Equity Savings is the larger fund: ₹5,413 Cr against ₹943 Cr.
- Their portfolios overlap 37.0%: 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 | SBI Equity Savings Fund | Sundaram Equity Savings Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Sundaram Mutual Fund |
| Category | Equity Savings | Equity Savings |
| AUM | ₹5,413 Cr (30-09-2026) | ₹943 Cr (30-09-2026) |
| NAV | ₹27.27 (Direct) | ₹82.49 (Direct) |
| Expense ratio (Direct) | 1.46% | 1.35% |
| Expense ratio (Regular) | 2.00% | 2.79% |
| Riskometer | Moderate | Not available |
| Benchmark | Nifty Equity Savings Index | Nifty Equity Savings Index |
| Launch date | 27-05-2015 | 01-05-2002 |
| Minimum investment | ₹1,000 | New Investor/Existing – Rs.100/- for Quarterly IDCW, halfyearly IDCW and Growth Option. |
| Lock in | None | None |
| Fund managers | Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni | Clyton Richard Fernandes, Rohit Seksaria, Kumaresh Ramakrishnan |
| Exit load | Exit load of 0.10% if redeemed within 15 days. | 0.5% - For redemption, withdrawn by way of SWP or transfer by way of Switch/STP within 07 days from the date of allotment. NIL - For redemption or withdrawn by way of SWP or transfer by way of Switch/STP after 07 days from the date of allotment. |
SBI Equity Savings vs Sundaram Equity Savings: 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 |
|---|---|---|---|---|---|---|---|
| SBI Equity Savings Fund (Direct) | +0.07% | −0.47% | +1.05% | +1.43% | +7.91% | +7.95% | +8.92% |
| Sundaram Equity Savings Fund (Direct) | −0.13% | −1.66% | +0.06% | −1.58% | +8.79% | -- | -- |
| 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.
SBI Equity Savings vs Sundaram Equity Savings: Year-wise Returns
| Year | SBISBI Equity Savings | SundaramSundaram Equity Savings |
|---|---|---|
| 2026to date | +1.07% | −2.07% |
| 2025 | +5.62% | +8.01% |
| 2024 | +12.59% | +14.49% |
| 2023 | +18.13% | +17.33% |
| 2022 | +2.40% | -- |
| 2021 | +13.94% | -- |
SBI Equity Savings vs Sundaram Equity Savings: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 455 of them, one for each trading day from 03-01-2025 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.
SBI Equity Savings Fund (Direct)
Sundaram Equity Savings Fund (Direct)
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Equity Savings | 0.0 | 0.0 | 32.1 | 67.9 | 0.0 | 0.0 | 0.0 | 10.9% | 11.4% | 7.3% | 13.9% |
| Sundaram Equity Savings | 0.0 | 0.0 | 12.2 | 84.6 | 3.1 | 0.0 | 0.0 | 12.2% | 12.5% | 8.1% | 15.5% |
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. Every fund is measured over the days all of them have, from 03-01-2022. Past returns do not promise future returns.
SBI Equity Savings vs Sundaram Equity Savings: 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 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Equity SavingsSBI Equity Savings Fund (Direct) | ₹5,80,000 | ₹6,96,221 | ₹1,16,221 | 7.5% |
| Sundaram Equity SavingsSundaram Equity Savings Fund (Direct) | ₹5,80,000 | ₹6,96,045 | ₹1,16,045 | 7.5% |
SBI Equity SavingsSBI Equity Savings Fund (Direct)
Sundaram Equity SavingsSundaram Equity Savings 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.
SBI Equity Savings vs Sundaram Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Equity Savings Fund (Direct) | Sundaram Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.43% | −1.58% |
| Standard deviation | 3.77% | 6.00% |
| Sharpe ratio | -1.01 | -1.14 |
| Sortino ratio | -1.34 | -1.50 |
| Maximum drawdown | −3.0% (23-03-2026) | −6.2% (30-03-2026) |
| 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 | SBI Equity Savings Fund (Direct) | Sundaram Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.91% | +8.79% |
| Standard deviation | 4.77% | 5.50% |
| Sharpe ratio | 0.39 | 0.50 |
| Sortino ratio | 0.54 | 0.69 |
| Maximum drawdown | −6.4% (03-03-2025) | −6.2% (30-03-2026) |
| 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 | SBI Equity Savings Fund (Direct) | Sundaram Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.23% | +8.70% |
| Standard deviation | 6.52% | 5.70% |
| Sharpe ratio | 0.56 | 0.49 |
| Sortino ratio | 0.75 | 0.67 |
| Maximum drawdown | −19.5% (23-03-2020) | −6.2% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-06-2015 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.
SBI Equity Savings Fund (Direct)
Sundaram Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Equity Savings Fund (Direct) | −7.1% | 17-01-2022 | 20-06-2022 | 07-09-2022 | 3 months | −1.1% |
| Sundaram Equity Savings Fund (Direct) | −6.2% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −3.0% |
From daily values since 03-01-2022, 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.
SBI Equity Savings Fund (Direct)
Sundaram Equity Savings 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.
SBI Equity Savings Fund (Direct)
Sundaram Equity Savings Fund (Direct)
SBI Equity Savings vs Sundaram Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Equity Savings Fund, September 2026; Sundaram Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 37.0%
- Held by both
- 26
- Only in SBI Equity Savings
- 79
- Only in Sundaram Equity Savings
- 44
| Security | % of SBI Equity Savings | % of Sundaram Equity Savings |
|---|---|---|
| HDFC Bank Ltd. | 5.80% | 5.52% |
| ICICI Bank Ltd. | 5.14% | 7.53% |
| Reliance Industries Ltd. | 5.04% | 7.36% |
| Bharti Airtel Ltd. | 3.58% | 9.29% |
| Kotak Mahindra Bank Ltd. | 6.73% | 3.14% |
| Mahindra & Mahindra Ltd. | 1.76% | 2.00% |
| Altius Telecom Infrastructure Trust | 2.20% | 1.66% |
| Axis Bank Ltd. | 1.63% | 4.87% |
| Hindalco Industries Ltd. | 1.62% | 1.98% |
| 6.01% CGL 2030 | 1.35% | 1.55% |
| Bajaj Finance Ltd. | 1.77% | 1.34% |
| State Bank of India | 1.20% | 2.44% |
| National Bank for Agriculture and Rural Development | 1.84% | 1.05% |
| JSW Steel Ltd. | 0.78% | 1.18% |
| Aster DM Quality Care Ltd. | 1.46% | 0.61% |
| Ultratech Cement Ltd. | 2.02% | 0.49% |
| Ambuja Cements Ltd. | 0.23% | 0.42% |
| Sun Pharmaceutical Industries Ltd. | 0.20% | 0.61% |
| One 97 Communications Ltd. | 0.20% | 0.96% |
| SBI Life Insurance Co. Ltd. | 0.19% | 0.59% |
| NTPC Ltd. | 0.11% | 0.88% |
| Larsen & Toubro Ltd. | 0.08% | 3.59% |
| Eternal Ltd. | 0.07% | 1.86% |
| Maruti Suzuki India Ltd. | 0.49% | 0.01% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.01% | 0.83% |
| PB Fintech Ltd. | 0.01% | 0.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.0% means 37.0% 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 SBI Equity Savings Fund
| Security | % of fund |
|---|---|
| SBI Liquid Fund - DIRECT PLAN -Growth Option | 2.92% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | 2.72% |
| 7.10% CGL 2034 | 2.30% |
| Life Insurance Corporation of India | 2.29% |
| Aurobindo Pharma Ltd. | 1.95% |
Largest holdings only in Sundaram Equity Savings Fund
| Security | % of fund |
|---|---|
| LIC Housing Finance Ltd - 6.65% - 15/02/2027 | 2.64% |
| 6.48% Central Government Securities 06/10/2035 | 2.53% |
| 7.37% Government Securities-23/10/2028 | 1.62% |
| 7.23% Central Government Securities 15/04/2039 | 1.59% |
| Small Industries Development Bank of India - 7.47% - 05/09/2029 | 1.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Equity Savings | Sundaram Equity Savings |
|---|---|---|
| Equity | 66.2% | 77.7% |
| Debt | 21.1% | 13.1% |
| Cash and others | 12.7% | 9.2% |
Market cap of stocks
| Market cap | SBI Equity Savings | Sundaram Equity Savings |
|---|---|---|
| Large Cap | 57.1% | 60.8% |
| Mid Cap | 8.6% | 8.8% |
| Small Cap | 0.5% | 7.2% |
| Not on AMFI's list | 0.0% | 0.9% |
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 | SBI Equity Savings | Sundaram Equity Savings |
|---|---|---|
| Banks | 23.0% | 23.5% |
| Telecom - Services | 4.1% | 9.3% |
| Petroleum Products | 5.1% | 7.4% |
| Finance | 3.1% | 4.7% |
| Automobiles | 4.0% | 4.1% |
| Insurance | 3.9% | 0.6% |
| Construction | 0.1% | 3.6% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Equity Savings vs Sundaram Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Equity Savings Fund | Sundaram Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.46% | 1.35% |
| Base expense ratio (Direct) | 0.80% | 0.70% |
| Total expense ratio (Regular) | 2.00% | 2.79% |
| Base expense ratio (Regular) | 1.26% | 1.96% |
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 SBI Equity Savings with
SBI Equity Savings Fund vs Sundaram Equity Savings Fund: Frequently Asked Questions
What is the difference between SBI Equity Savings Fund and Sundaram Equity Savings Fund?
Both are Equity Savings funds, run by SBI Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 37.0%. SBI Equity Savings Fund charges 1.46% a year and Sundaram Equity Savings Fund 1.35%.
Which has given higher returns, SBI Equity Savings Fund or Sundaram Equity Savings Fund?
Over 1 year: SBI Equity Savings Fund +1.43%, Sundaram Equity Savings Fund −1.58%. Over 3 years: SBI Equity Savings Fund +7.91% a year, Sundaram Equity Savings Fund +8.79% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Equity Savings Fund or Sundaram Equity Savings Fund?
Sundaram Equity Savings Fund charges less: 1.35% a year against 1.46%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Equity Savings Fund and Sundaram Equity Savings Fund overlap?
37.0%. They hold 26 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, SBI Equity Savings Fund or Sundaram Equity Savings Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,99,451 in SBI Equity Savings Fund (XIRR 4.9% a year) and ₹3,94,914 in Sundaram Equity Savings Fund (XIRR 4.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both SBI Equity Savings Fund and Sundaram Equity Savings Fund?
Yes. 37.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages SBI Equity Savings Fund and Sundaram Equity Savings Fund?
SBI Equity Savings Fund: Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni. Sundaram Equity Savings Fund: Clyton Richard Fernandes, Rohit Seksaria, 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.