Sundaram Equity Savings Fund vs Sundaram Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Equity Savings Fund is an Equity Savings fund and Sundaram Multi Asset Allocation Fund is a Multi Asset fund. In the year to 30-10-2026, Sundaram Equity Savings Fund (Direct) returned −1.6% and Sundaram Multi Asset Allocation Fund (Direct) returned −2.8%. Sundaram Equity Savings Fund charges 1.35% a year and Sundaram Multi Asset Allocation Fund 0.79% (Direct plans). Their portfolios overlap 51.5%: they hold 58 of the same securities.
Sundaram Equity Savings Fund
Equity Savings
- 1 year return
- −1.6%
- Expense ratio
- 1.35%
- NAV
- ₹82.49
Sundaram Multi Asset Allocation Fund
Multi Asset
- 1 year return
- −2.8%
- Expense ratio
- 0.79%
- NAV
- ₹13.02
Which is better, Sundaram Equity Savings or Sundaram Multi Asset Allocation? 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 1 year: −1.6% against −2.8%.
- Sundaram Multi Asset Allocation costs less: 0.79% a year against 1.35% (Direct plans).
- Sundaram Equity Savings fell less in its worst fall since 29-01-2024: −6.2% against −13.1%.
- Sundaram Equity Savings holds more in large companies: 60.8% of the fund in large caps against 37.9%.
- Sundaram Multi Asset Allocation is the larger fund: ₹3,205 Cr against ₹943 Cr.
- Their portfolios overlap 51.5%: 58 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 | Sundaram Equity Savings Fund | Sundaram Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | Equity Savings | Multi Asset |
| AUM | ₹943 Cr (30-09-2026) | ₹3,205 Cr (30-09-2026) |
| NAV | ₹82.49 (Direct) | ₹13.02 (Direct) |
| Expense ratio (Direct) | 1.35% | 0.79% |
| Expense ratio (Regular) | 2.79% | 2.10% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Equity Savings Index | NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 10% + Domestic Prices of Gold 25% |
| Launch date | 01-05-2002 | 25-01-2024 |
| Minimum investment | New Investor/Existing – Rs.100/- for Quarterly IDCW, halfyearly IDCW and Growth Option. | ₹100 |
| Lock in | None | None |
| Fund managers | Clyton Richard Fernandes, Rohit Seksaria, Kumaresh Ramakrishnan | Rohit Seksaria, Clyton Richard Fernandes, Kumaresh Ramakrishnan, Arjun Nagarajan, Shalav Saket |
| Exit load | 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. | Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days. |
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: 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 |
|---|---|---|---|---|---|---|---|
| Sundaram Equity Savings Fund (Direct) | −0.13% | −1.66% | +0.06% | −1.58% | +8.79% | -- | -- |
| Sundaram Multi Asset Allocation Fund (Direct) | −1.70% | −4.30% | −3.75% | −2.75% | -- | -- | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
Category average: the average of the 23 Equity Savings funds and the 37 Multi Asset funds, same plan type.
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: Year-wise Returns
| Year | Equity SavingsSundaram Equity Savings | Multi Asset AllocationSundaram Multi Asset Allocation |
|---|---|---|
| 2026to date | −2.07% | −4.86% |
| 2025 | +8.01% | +20.59% |
| 2024 | +14.49% | -- |
| 2023 | +17.33% | -- |
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 431 of them, one for each trading day from 29-01-2025 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.
Sundaram Equity Savings Fund (Direct)
Sundaram Multi Asset Allocation Fund (Direct)
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Equity Savings | 4.2 | 31.1 | 49.2 | 15.5 | 0.0 | 0.0 | 0.0 | 6.4% | 7.3% | −2.7% | 13.3% |
| Sundaram Multi Asset Allocation | 3.2 | 2.6 | 24.6 | 43.2 | 12.5 | 12.8 | 1.2 | 12.6% | 12.2% | −5.0% | 28.0% |
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 29-01-2024. Past returns do not promise future returns.
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: 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 01-01-2024 to 30-10-2026: 34 instalments, ₹3,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram Equity SavingsSundaram Equity Savings Fund (Direct) | ₹3,40,000 | ₹3,56,930 | ₹16,930 | 3.4% |
| Sundaram Multi Asset AllocationSundaram Multi Asset Allocation Fund (Direct) | ₹3,40,000 | ₹3,66,449 | ₹26,449 | 5.2% |
Sundaram Equity SavingsSundaram Equity Savings Fund (Direct)
Sundaram Multi Asset AllocationSundaram Multi Asset Allocation 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.
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Equity Savings Fund (Direct) | Sundaram Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.58% | −2.75% |
| Standard deviation | 6.00% | 13.43% |
| Sharpe ratio | -1.14 | -0.60 |
| Sortino ratio | -1.50 | -0.80 |
| Maximum drawdown | −6.2% (30-03-2026) | −13.1% (23-03-2026) |
| 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 | Sundaram Equity Savings Fund (Direct) | Sundaram Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.70% | +10.00% |
| Standard deviation | 5.70% | 10.71% |
| Sharpe ratio | 0.49 | 0.38 |
| Sortino ratio | 0.67 | 0.52 |
| Maximum drawdown | −6.2% (30-03-2026) | −13.1% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2022 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.
Sundaram Equity Savings Fund (Direct)
Sundaram Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Equity Savings Fund (Direct) | −6.2% | 02-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −3.0% |
| Sundaram Multi Asset Allocation Fund (Direct) | −13.1% | 29-01-2026 | 23-03-2026 | Not yet | -- | −9.7% |
From daily values since 29-01-2024, 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.
Sundaram Equity Savings Fund (Direct)
Sundaram Multi Asset Allocation Fund (Direct)
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Equity Savings Fund, September 2026; Sundaram Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 51.5%
- Held by both
- 58
- Only in Sundaram Equity Savings
- 12
- Only in Sundaram Multi Asset Allocation
- 10
| Security | % of Sundaram Equity Savings | % of Sundaram Multi Asset Allocation |
|---|---|---|
| ICICI Bank Ltd | 7.53% | 4.67% |
| Reliance Industries Ltd | 7.36% | 3.52% |
| Larsen & Toubro Ltd | 3.59% | 3.17% |
| Bharti Airtel Ltd | 9.29% | 3.11% |
| HDFC Bank Ltd | 5.52% | 2.87% |
| Kotak Mahindra Bank Ltd | 3.14% | 1.97% |
| Eternal Ltd (Previously Zomato Ltd) | 1.86% | 2.47% |
| Hindalco Industries Ltd | 1.98% | 1.59% |
| 6.01% Central Government Securities 21/07/2030 | 1.55% | 1.67% |
| Mahindra & Mahindra Ltd | 2.00% | 1.45% |
| TVS Motor Company Ltd | 1.11% | 2.04% |
| One 97 Communications Ltd | 0.96% | 1.66% |
| Bajaj Finserv Ltd | 0.93% | 1.24% |
| Oracle Financial Services Software Ltd | 0.87% | 1.49% |
| Cholamandalam Investment and Finance Company Ltd | 0.83% | 1.51% |
| Coforge Ltd | 0.78% | 1.40% |
| 6.48% Central Government Securities 06/10/2035 | 2.53% | 0.75% |
| Vedanta Aluminium Metal Ltd | 0.74% | 1.36% |
| Fractal Analytics Ltd | 0.74% | 1.25% |
| Amber Enterprises India Ltd | 0.70% | 1.19% |
| Billionbrains Garage Ventures Ltd | 0.65% | 1.11% |
| Granules India Ltd | 0.64% | 1.13% |
| Poonawalla Fincorp Ltd | 0.64% | 1.17% |
| MTAR Technologies Ltd | 0.63% | 1.12% |
| Coromandel International Ltd | 0.62% | 1.13% |
| Sun Pharmaceutical Industries Ltd | 0.61% | 1.04% |
| Aster DM Healthcare Ltd | 0.61% | 1.12% |
| PB Fintech Ltd | 0.60% | 1.03% |
| Cummins India Ltd | 0.60% | 1.16% |
| SBI Life Insurance Company Ltd | 0.59% | 1.06% |
| Force Motors Ltd | 0.57% | 1.02% |
| Multi Commodity Exchange of India Ltd | 0.56% | 0.96% |
| UNO Minda Ltd | 0.55% | 0.95% |
| 7.04% Central Government Securities 03/06/2029 | 0.53% | 1.57% |
| JSW Infrastructure Ltd | 0.52% | 0.96% |
| Mankind Pharma Ltd | 0.50% | 0.85% |
| Delhivery Ltd | 0.49% | 0.86% |
| Home First Finance Company Ltd | 0.49% | 0.80% |
| Ultratech Cement Ltd | 0.49% | 0.93% |
| Horizon Industrial Parks Ltd | 0.48% | 0.84% |
| Interglobe Aviation Ltd | 0.47% | 0.84% |
| CCL Products (India) Ltd | 0.45% | 0.77% |
| CRISIL Ltd | 0.45% | 0.77% |
| Indegene Limited | 0.40% | 0.66% |
| Bajaj Auto Ltd | 0.39% | 0.74% |
| Mrs. Bectors Food Specialities Ltd | 0.39% | 0.65% |
| Ashok Leyland Ltd | 0.37% | 0.67% |
| Prudent Corporate Advisory Services Ltd | 0.37% | 0.65% |
| Alkem Laboratories Ltd | 0.36% | 0.64% |
| Gland Pharma Ltd | 0.35% | 0.76% |
| Lupin Ltd | 0.33% | 0.59% |
| TD Power Systems Ltd | 0.30% | 0.51% |
| Cochin Shipyard Ltd | 0.27% | 0.51% |
| Clean Science & Technology Ltd | 0.27% | 0.56% |
| Elecon Engineering Company Ltd | 0.25% | 0.41% |
| Thermax Ltd | 0.25% | 0.47% |
| 7.37% Government Securities-23/10/2028 | 1.62% | 0.16% |
| Dhoot Transmission Ltd | 0.14% | 0.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.5% means 51.5% 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 Sundaram Equity Savings Fund
| Security | % of fund |
|---|---|
| Axis Bank Ltd | 4.87% |
| LIC Housing Finance Ltd - 6.65% - 15/02/2027 | 2.64% |
| State Bank of India | 2.44% |
| Altius Telecom Infrastructure Trust | 1.66% |
| 7.23% Central Government Securities 15/04/2039 | 1.59% |
Largest holdings only in Sundaram Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| SBI-ETF GOLD | 7.17% |
| Nippon India ETF Gold Bees | 4.94% |
| Kotak Mutual Fund - Gold Exchange Traded Fund | 3.69% |
| 7.38% Central Government Securities 20/06/2027 | 3.30% |
| HDFC Gold Exchange Traded Fund | 3.17% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Equity Savings | Sundaram Multi Asset Allocation |
|---|---|---|
| Equity | 77.7% | 67.7% |
| Debt | 13.1% | 10.3% |
| Cash and others | 9.2% | 22.0% |
Market cap of stocks
| Market cap | Sundaram Equity Savings | Sundaram Multi Asset Allocation |
|---|---|---|
| Large Cap | 60.8% | 37.9% |
| Mid Cap | 8.8% | 15.6% |
| Small Cap | 7.2% | 12.6% |
| Not on AMFI's list | 0.9% | 1.6% |
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 | Sundaram Equity Savings | Sundaram Multi Asset Allocation |
|---|---|---|
| Banks | 23.5% | 9.5% |
| Telecom - Services | 9.3% | 3.1% |
| Petroleum Products | 7.4% | 3.5% |
| Finance | 4.7% | 5.5% |
| Automobiles | 4.1% | 5.3% |
| Pharmaceuticals & Biotechnology | 2.8% | 5.0% |
| It - Software | 2.4% | 4.1% |
| Construction | 3.6% | 3.2% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Equity Savings vs Sundaram Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Equity Savings Fund | Sundaram Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.35% | 0.79% |
| Base expense ratio (Direct) | 0.70% | 0.44% |
| Total expense ratio (Regular) | 2.79% | 2.10% |
| Base expense ratio (Regular) | 1.96% | 1.58% |
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 Sundaram Equity Savings with
Compare Sundaram Multi Asset Allocation with
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Sundaram Equity Savings Fund vs Sundaram Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Sundaram Equity Savings Fund and Sundaram Multi Asset Allocation Fund?
Sundaram Equity Savings Fund is an Equity Savings fund, Sundaram Multi Asset Allocation Fund is a Multi Asset fund, run by Sundaram Mutual Fund. Their portfolios overlap 51.5%. Sundaram Equity Savings Fund charges 1.35% a year and Sundaram Multi Asset Allocation Fund 0.79%.
Which has given higher returns, Sundaram Equity Savings Fund or Sundaram Multi Asset Allocation Fund?
Over 1 year: Sundaram Equity Savings Fund −1.58%, Sundaram Multi Asset Allocation Fund −2.75%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Equity Savings Fund or Sundaram Multi Asset Allocation Fund?
Sundaram Multi Asset Allocation Fund charges less: 0.79% a year against 1.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Equity Savings Fund and Sundaram Multi Asset Allocation Fund overlap?
51.5%. They hold 58 of the same securities, the largest shared ones being ICICIBANK, RELIANCE, LT. From each fund's latest monthly portfolio.
Can I invest in both Sundaram Equity Savings Fund and Sundaram Multi Asset Allocation Fund?
Yes. 51.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Sundaram Equity Savings Fund and Sundaram Multi Asset Allocation Fund?
Sundaram Equity Savings Fund: Clyton Richard Fernandes, Rohit Seksaria, Kumaresh Ramakrishnan. Sundaram Multi Asset Allocation Fund: Rohit Seksaria, Clyton Richard Fernandes, Kumaresh Ramakrishnan, Arjun Nagarajan, Shalav Saket.
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.