Sundaram Medium Term Fund vs Sundaram Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Medium Term Fund is a Medium Duration fund and Sundaram Short Term Fund is a Short Duration fund. In the 3 years to 30-10-2026, Sundaram Medium Term Fund (Direct) returned 5.7% a year and Sundaram Short Term Fund (Direct) returned 7.3% a year. Sundaram Medium Term Fund charges 1.17% a year and Sundaram Short Term Fund 0.28% (Direct plans). Their portfolios overlap 19.6%: they hold 7 of the same securities.
Sundaram Medium Term Fund
Medium Duration
- 3 year return
- 5.7%
- Expense ratio
- 1.17%
- NAV
- ₹80.15
Sundaram Short Term Fund
Short Duration
- 3 year return
- 7.3%
- Expense ratio
- 0.28%
- NAV
- ₹51.29
Which is better, Sundaram Medium Term or Sundaram Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Short Term returned more over 3 years: 7.3% a year against 5.7%.
- Sundaram Short Term returned more over 1 year: 4.7% against 2.5%.
- Sundaram Short Term costs less: 0.28% a year against 1.17% (Direct plans).
- Sundaram Short Term swung less over 3 years: a standard deviation of 0.9% a year against 1.3%.
- Sundaram Short Term fell less in its worst fall since 03-01-2022: −0.7% against −2.5%.
- Sundaram Short Term is the larger fund: ₹176 Cr against ₹32 Cr.
- Their portfolios overlap 19.6%: 7 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 Medium Term Fund | Sundaram Short Term Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | Medium Duration | Short Duration |
| AUM | ₹32 Cr (30-09-2026) | ₹176 Cr (30-09-2026) |
| NAV | ₹80.15 (Direct) | ₹51.29 (Direct) |
| Expense ratio (Direct) | 1.17% | 0.28% |
| Expense ratio (Regular) | 1.90% | 0.80% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | NIFTY Medium Duration Debt Index A-III | NIFTY Short Duration Debt Index A-II |
| Launch date | 18-12-1997 | 04-09-2002 |
| Minimum investment | ₹5,000 | For first investment Rs 5,000/- |
| Lock in | None | None |
| Fund managers | Sandeep Agarwal, Kumaresh Ramakrishnan | Sandeep Agarwal, Kumaresh Ramakrishnan, Ronak Shah |
| Exit load | NIL | NIL |
Sundaram Medium Term vs Sundaram Short 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 |
|---|---|---|---|---|---|---|---|
| Sundaram Medium Term Fund (Direct) | −0.52% | −0.68% | +1.34% | +2.45% | +5.74% | +4.74% | +5.61% |
| Sundaram Short Term Fund (Direct) | −0.09% | +0.50% | +2.52% | +4.68% | +7.28% | -- | -- |
| Medium Duration average | −0.34% | −0.09% | +2.51% | +4.72% | +7.66% | +6.88% | +6.78% |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | -- | -- |
Category average: the average of the 13 Medium Duration funds and the 25 Short Duration funds, same plan type.
Sundaram Medium Term vs Sundaram Short Term: Year-wise Returns
| Year | MediumSundaram Medium Term | ShortSundaram Short Term |
|---|---|---|
| 2026to date | +1.77% | +3.79% |
| 2025 | +6.52% | +7.97% |
| 2024 | +7.16% | +8.51% |
| 2023 | +6.34% | +7.40% |
| 2022 | +1.67% | -- |
| 2021 | +2.72% | -- |
Sundaram Medium Term vs Sundaram Short Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 441 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.
Sundaram Medium Term Fund (Direct)
Sundaram Short Term 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Medium Term | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.3% | 6.4% | 5.0% | 7.3% |
| Sundaram Short Term | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.6% | 6.7% | 8.2% |
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.
Sundaram Medium Term vs Sundaram Short 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 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram Medium TermSundaram Medium Term Fund (Direct) | ₹5,80,000 | ₹6,55,991 | ₹75,991 | 5.0% |
| Sundaram Short TermSundaram Short Term Fund (Direct) | ₹5,80,000 | ₹6,83,984 | ₹1,03,984 | 6.8% |
Sundaram Medium TermSundaram Medium Term Fund (Direct)
Sundaram Short TermSundaram Short 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.
Sundaram Medium Term vs Sundaram Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Medium Term Fund (Direct) | Sundaram Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.45% | +4.68% |
| Standard deviation | 1.46% | 0.98% |
| Sharpe ratio | -1.91 | -0.58 |
| Sortino ratio | -2.48 | -0.81 |
| Maximum drawdown | −1.2% (22-10-2026) | −0.4% (21-05-2026) |
| 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 Medium Term Fund (Direct) | Sundaram Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.74% | +7.28% |
| Standard deviation | 1.27% | 0.90% |
| Sharpe ratio | -0.23 | 1.40 |
| Sortino ratio | -0.31 | 2.19 |
| Maximum drawdown | −1.2% (22-10-2026) | −0.4% (21-05-2026) |
| 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 | Sundaram Medium Term Fund (Direct) | Sundaram Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.55% | +6.58% |
| Standard deviation | 2.86% | 0.87% |
| Sharpe ratio | 0.18 | 0.79 |
| Sortino ratio | 0.25 | 1.16 |
| Maximum drawdown | −8.0% (19-08-2013) | −0.7% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 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 Medium Term Fund (Direct)
Sundaram Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Medium Term Fund (Direct) | −2.5% | 30-03-2022 | 06-05-2022 | 08-09-2022 | 4 months | −1.1% |
| Sundaram Short Term Fund (Direct) | −0.7% | 02-05-2022 | 06-05-2022 | 05-07-2022 | 2 months | −0.2% |
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.
Sundaram Medium Term Fund (Direct)
Sundaram Short 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.
Sundaram Medium Term Fund (Direct)
Sundaram Short Term Fund (Direct)
Sundaram Medium Term vs Sundaram Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Medium Term Fund, September 2026; Sundaram Short Term Fund, September 2026
Holdings in common
- Overlap
- 19.6%
- Held by both
- 7
- Only in Sundaram Medium Term
- 9
- Only in Sundaram Short Term
- 18
| Security | % of Sundaram Medium Term | % of Sundaram Short Term |
|---|---|---|
| REC LTD - 7.28% - 31/08/2029 | 4.57% | 5.61% |
| Small Industries Development Bank of India - 7.42% - 12/03/2029 | 6.11% | 4.50% |
| Can Fin Homes Ltd - 8.09% - 04/01/2027 | 3.09% | 2.84% |
| 360 One Prime Ltd - 8.95% - 04/06/2027 | 3.09% | 2.84% |
| 6.53% Tamil Nadu State Development Loan 06/01/2031 | 17.92% | 2.75% |
| Power Finance Corporation Ltd - 6.96% - 02/03/2028 | 3.06% | 1.69% |
| Corporate Debt Market Development Fund - Class A2 | 0.42% | 0.37% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.6% means 19.6% 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 Medium Term Fund
| Security | % of fund |
|---|---|
| 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% |
| National Bank for Agriculture & Rural Development - 7.01% - 16/03/2029 | 6.06% |
| HDB Financial Services Ltd - 7.4091% - 05/06/2028 | 3.05% |
Largest holdings only in Sundaram Short Term Fund
| Security | % of fund |
|---|---|
| PNB Housing Finance Ltd - 8.15% - 29/07/2027 | 5.68% |
| Power Finance Corporation Ltd - 7.77% - 15/04/2028 | 5.68% |
| Export Import Bank of India - 7.35% - 27/07/2028 | 5.66% |
| National Bank for Agriculture & Rural Development - 6.66% - 12/10/2028 | 5.56% |
| Punjab National Bank - 05/02/2027 | 5.55% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Medium Term | Sundaram Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 90.8% | 90.6% |
| Cash and others | 9.2% | 9.4% |
Sundaram Medium Term vs Sundaram Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Medium Term Fund | Sundaram Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.17% | 0.28% |
| Base expense ratio (Direct) | 0.99% | 0.24% |
| Total expense ratio (Regular) | 1.90% | 0.80% |
| Base expense ratio (Regular) | 1.63% | 0.69% |
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 Medium Term with
Sundaram Medium Term Fund vs Sundaram Short Term Fund: Frequently Asked Questions
What is the difference between Sundaram Medium Term Fund and Sundaram Short Term Fund?
Sundaram Medium Term Fund is a Medium Duration fund, Sundaram Short Term Fund is a Short Duration fund, run by Sundaram Mutual Fund. Their portfolios overlap 19.6%. Sundaram Medium Term Fund charges 1.17% a year and Sundaram Short Term Fund 0.28%.
Which has given higher returns, Sundaram Medium Term Fund or Sundaram Short Term Fund?
Over 1 year: Sundaram Medium Term Fund +2.45%, Sundaram Short Term Fund +4.68%. Over 3 years: Sundaram Medium Term Fund +5.74% a year, Sundaram Short Term Fund +7.28% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Medium Term Fund or Sundaram Short Term Fund?
Sundaram Short Term Fund charges less: 0.28% a year against 1.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Medium Term Fund and Sundaram Short Term Fund overlap?
19.6%. They hold 7 of the same securities, the largest shared ones being REC LTD - 7.28% - 31/08/2029, Small Industries Development Bank of India - 7.42% - 12/03/2029, Can Fin Homes Ltd - 8.09% - 04/01/2027. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Medium Term Fund or Sundaram Short Term Fund?
On SEBI's riskometer, Sundaram Medium Term Fund is rated Moderate and Sundaram Short Term Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 1.27% and 0.90% a year.
Which is better for SIP, Sundaram Medium Term Fund or Sundaram Short Term Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,96,510 in Sundaram Medium Term Fund (XIRR 4.4% a year) and ₹4,08,533 in Sundaram Short Term Fund (XIRR 6.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Sundaram Medium Term Fund and Sundaram Short Term Fund?
Yes. 19.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Medium Term Fund and Sundaram Short Term Fund?
Sundaram Medium Term Fund: Sandeep Agarwal, Kumaresh Ramakrishnan. Sundaram Short Term Fund: Sandeep Agarwal, Kumaresh Ramakrishnan, Ronak Shah.
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.