Sundaram Mid Cap Fund vs Tata NIFTY Midcap 150 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Mid Cap Fund is a Mid Cap fund and Tata NIFTY Midcap 150 Index Fund is a mutual fund. In the year to 30-10-2026, Sundaram Mid Cap Fund (Direct) returned −4.6% and Tata NIFTY Midcap 150 Index Fund (Direct) returned −4.7%. Sundaram Mid Cap Fund charges 1.06% a year and Tata NIFTY Midcap 150 Index Fund 0.29% (Direct plans). Their portfolios overlap 39.6%: they hold 48 of the same securities.
Sundaram Mid Cap Fund
Mid Cap
- 1 year return
- −4.6%
- Expense ratio
- 1.06%
- NAV
- ₹1,508.12
Tata NIFTY Midcap 150 Index Fund
- 1 year return
- −4.7%
- Expense ratio
- 0.29%
- NAV
- ₹10.02
Which is better, Sundaram Mid Cap or Tata NIFTY Midcap 150 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Mid Cap returned more over 1 year: −4.6% against −4.7%.
- Tata NIFTY Midcap 150 Index costs less: 0.29% a year against 1.06% (Direct plans).
- Sundaram Mid Cap fell less in its worst fall since 25-06-2025: −13.1% against −14.1%.
- Sundaram Mid Cap is the larger fund: ₹13,854 Cr against ₹318 Cr.
- Their portfolios overlap 39.6%: 48 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 Mid Cap Fund | Tata NIFTY Midcap 150 Index Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Tata Mutual Fund |
| Category | Mid Cap | Not available |
| AUM | ₹13,854 Cr (30-09-2026) | ₹318 Cr (30-09-2026) |
| NAV | ₹1,508.12 (Direct) | ₹10.02 (Direct) |
| Expense ratio (Direct) | 1.06% | 0.29% |
| Expense ratio (Regular) | 1.87% | 1.10% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Midcap 150 TRI | Not available |
| Launch date | 01-07-2002 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | S Bharath, Shalav Saket | Not available |
| Exit load | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 %, if the units are redeemed within 365 days from the date of allotment of units. Further, exit load will be waived on Intra-scheme and Inter scheme Switch-outs/STP. | Not available |
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: 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 Mid Cap Fund (Direct) | −3.35% | −9.04% | −3.11% | −4.58% | +16.41% | +15.07% | +13.18% |
| Tata NIFTY Midcap 150 Index Fund (Direct) | −3.69% | −8.55% | −4.10% | −4.74% | -- | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
Category average: the average of the 34 Mid Cap funds, same plan type.
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: Year-wise Returns
| Year | Sundaram Mid CapSundaram Mid Cap | Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −4.19% | −5.27% | −4.97% |
| 2025 | +4.96% | -- | +5.98% |
| 2024 | +33.13% | -- | +24.46% |
| 2023 | +41.52% | -- | +44.61% |
| 2022 | +5.82% | -- | +3.91% |
| 2021 | +38.60% | -- | +48.16% |
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 86 of them, one for each trading day from 25-06-2026 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 Mid Cap Fund (Direct)
Tata NIFTY Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
to
Jul 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Mid Cap | 10.5 | 16.3 | 44.2 | 29.1 | 0.0 | 0.0 | 0.0 | 6.9% | 7.3% | −5.8% | 14.3% | 79% |
| Tata NIFTY Midcap 150 Index | 12.8 | 33.7 | 34.9 | 18.6 | 0.0 | 0.0 | 0.0 | 5.6% | 5.4% | −5.9% | 13.7% | 0% |
| Nifty Midcap 150 TRI | 10.5 | 25.6 | 41.9 | 22.1 | 0.0 | 0.0 | 0.0 | 6.0% | 5.8% | −5.5% | 14.1% | -- |
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. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-06-2025. Past returns do not promise future returns.
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: 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 02-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram Mid CapSundaram Mid Cap Fund (Direct) | ₹1,70,000 | ₹1,65,662 | −₹4,338 | −3.4% |
| Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index Fund (Direct) | ₹1,70,000 | ₹1,64,056 | −₹5,944 | −4.7% |
Sundaram Mid CapSundaram Mid Cap Fund (Direct)
Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index 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 Mid Cap vs Tata NIFTY Midcap 150 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Mid Cap Fund (Direct) | Tata NIFTY Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.58% | −4.74% |
| Standard deviation | 15.88% | 16.58% |
| Sharpe ratio | -0.62 | -0.60 |
| Sortino ratio | -0.84 | -0.81 |
| Maximum drawdown | −13.1% (23-10-2026) | −14.1% (31-03-2026) |
| Beta | 0.94 | 1.00 |
| Alpha | −0.77% | −0.36% |
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 Mid Cap Fund (Direct) | Tata NIFTY Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.92% | −1.83% |
| Standard deviation | 16.29% | 15.30% |
| Sharpe ratio | 0.67 | -0.47 |
| Sortino ratio | 0.89 | -0.62 |
| Maximum drawdown | −44.3% (23-03-2020) | −14.1% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.44% |
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 Mid Cap Fund (Direct)
Tata NIFTY Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Mid Cap Fund (Direct) | −13.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −10.8% |
| Tata NIFTY Midcap 150 Index Fund (Direct) | −14.1% | 07-01-2026 | 31-03-2026 | 07-05-2026 | 37 days | −10.6% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 25-06-2025, 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 Mid Cap Fund (Direct)
Tata NIFTY Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Sundaram Mid Cap Fund (Direct) | 95% | 87% | 3.22% |
| Tata NIFTY Midcap 150 Index Fund (Direct) | 99% | 101% | 0.15% |
From month-end values since 25-06-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Mid Cap Fund, September 2026; Tata NIFTY Midcap 150 Index Fund, September 2026
Holdings in common
- Overlap
- 39.6%
- Held by both
- 48
- Only in Sundaram Mid Cap
- 25
- Only in Tata NIFTY Midcap 150 Index
- 101
| Security | % of Sundaram Mid Cap | % of Tata NIFTY Midcap 150 Index |
|---|---|---|
| The Federal Bank Ltd | 2.36% | 1.94% |
| One 97 Communications Ltd | 1.54% | 1.78% |
| Coforge Ltd | 2.02% | 1.50% |
| IndusInd Bank Ltd | 1.82% | 1.47% |
| AU Small Finance Bank Ltd | 1.82% | 1.45% |
| IDFC First Bank Ltd | 2.25% | 1.34% |
| GE Vernova T and D India Ltd | 1.74% | 1.29% |
| Lupin Ltd | 1.75% | 1.22% |
| Suzlon Energy Ltd | 1.65% | 1.19% |
| Info Edge (India) Ltd | 1.20% | 1.17% |
| Dixon Technologies (India) Ltd | 1.12% | 1.35% |
| Ashok Leyland Ltd | 1.75% | 1.09% |
| FSN E–Commerce Ventures Ltd(NYKAA) | 1.56% | 1.08% |
| Marico Ltd | 1.87% | 1.03% |
| Persistent Systems Ltd | 0.99% | 1.42% |
| Fortis Health Care Ltd | 1.50% | 0.99% |
| Swiggy Ltd | 1.25% | 0.93% |
| Max Financial Services Ltd | 1.79% | 0.90% |
| The Phoenix Mills Ltd | 1.96% | 0.89% |
| APL Apollo Tubes Ltd | 0.89% | 0.98% |
| Radico Khaitan Ltd | 1.00% | 0.85% |
| Hindustan Petroleum Corporation Ltd | 1.19% | 0.83% |
| Alkem Laboratories Ltd | 1.21% | 0.77% |
| National Aluminium Company Ltd | 0.84% | 0.76% |
| JSW Energy Ltd | 1.02% | 0.75% |
| PB Fintech Ltd | 0.72% | 0.93% |
| Mankind Pharma Ltd | 1.44% | 0.70% |
| Indian Bank | 1.12% | 0.70% |
| 360 ONE WAM Ltd (Prev IIFL Wealth Management Ltd) | 1.49% | 0.67% |
| Billionbrains Garage Ventures Ltd | 0.79% | 0.65% |
| Tube Investments of India Ltd | 1.31% | 0.63% |
| Prestige Estates Projects Ltd | 0.98% | 0.62% |
| Torrent Power Ltd | 1.08% | 0.59% |
| Mahindra & Mahindra Financial Services Ltd | 2.74% | 0.53% |
| Kalyan Jewellers India Ltd | 2.58% | 0.53% |
| UNO Minda Ltd | 0.81% | 0.53% |
| Coromandel International Ltd | 1.91% | 0.52% |
| JK Cement Ltd | 1.22% | 0.52% |
| Nippon Life India Asset Management Ltd | 0.81% | 0.48% |
| Jubilant Foodworks Ltd | 1.50% | 0.44% |
| JSW Infrastructure Ltd | 0.43% | 0.53% |
| LG Electronics India Ltd | 1.42% | 0.43% |
| Motilal Oswal Financial Services Ltd | 1.45% | 0.39% |
| Schaeffler India Ltd | 1.04% | 0.39% |
| PI Industries Ltd | 0.38% | 0.46% |
| Thermax Ltd | 2.20% | 0.32% |
| Bharti Hexacom Ltd | 0.60% | 0.26% |
| L&T Technology Services Ltd | 1.26% | 0.22% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.6% means 39.6% 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 Mid Cap Fund
| Security | % of fund |
|---|---|
| Cummins India Ltd | 2.39% |
| Sona BLW Precision Forgings Ltd | 2.02% |
| Jindal Steel & Power Ltd | 1.83% |
| BSE Ltd | 1.76% |
| Dr Lal Path Labs Ltd | 1.69% |
Largest holdings only in Tata NIFTY Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| MULTI COMMODITY EXCHANGE OF IND LTD | 2.08% |
| LAURUS LABS LTD | 1.91% |
| HERO MOTOCORP LTD | 1.68% |
| INDIAN HOTELS CO. LTD | 1.58% |
| BHARAT HEAVY ELECTRICALS LTD | 1.50% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Mid Cap | Tata NIFTY Midcap 150 Index |
|---|---|---|
| Equity | 95.6% | 98.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.4% | 1.3% |
Market cap of stocks
| Market cap | Sundaram Mid Cap | Tata NIFTY Midcap 150 Index |
|---|---|---|
| Large Cap | 13.4% | 5.7% |
| Mid Cap | 66.0% | 90.4% |
| Small Cap | 15.9% | 2.5% |
| Not on AMFI's list | 0.3% | 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 | Sundaram Mid Cap | Tata NIFTY Midcap 150 Index |
|---|---|---|
| Banks | 9.4% | 8.7% |
| Pharmaceuticals & Biotechnology | 6.1% | 9.2% |
| Industrial Products | 6.6% | 3.0% |
| Capital Markets | 6.3% | 4.7% |
| Finance | 5.3% | 6.2% |
| Consumer Durables | 6.1% | 4.3% |
| Auto Components | 6.1% | 4.6% |
| Electrical Equipment | 5.6% | 6.0% |
| Retailing | 4.0% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Mid Cap vs Tata NIFTY Midcap 150 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Mid Cap Fund | Tata NIFTY Midcap 150 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.06% | 0.29% |
| Base expense ratio (Direct) | 0.76% | 0.11% |
| Total expense ratio (Regular) | 1.87% | 1.10% |
| Base expense ratio (Regular) | 1.46% | 0.90% |
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
Sundaram Mid Cap Fund vs Tata NIFTY Midcap 150 Index Fund: Frequently Asked Questions
What is the difference between Sundaram Mid Cap Fund and Tata NIFTY Midcap 150 Index Fund?
Sundaram Mid Cap Fund is a Mid Cap fund, Tata NIFTY Midcap 150 Index Fund is a mutual fund, run by Sundaram Mutual Fund and Tata Mutual Fund. Their portfolios overlap 39.6%. Sundaram Mid Cap Fund charges 1.06% a year and Tata NIFTY Midcap 150 Index Fund 0.29%.
Which has given higher returns, Sundaram Mid Cap Fund or Tata NIFTY Midcap 150 Index Fund?
Over 1 year: Sundaram Mid Cap Fund −4.58%, Tata NIFTY Midcap 150 Index Fund −4.74%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Mid Cap Fund or Tata NIFTY Midcap 150 Index Fund?
Tata NIFTY Midcap 150 Index Fund charges less: 0.29% a year against 1.06%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Mid Cap Fund and Tata NIFTY Midcap 150 Index Fund overlap?
39.6%. They hold 48 of the same securities, the largest shared ones being FEDERALBNK, PAYTM, COFORGE. From each fund's latest monthly portfolio.
Can I invest in both Sundaram Mid Cap Fund and Tata NIFTY Midcap 150 Index Fund?
Yes. 39.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.