Sundaram Multi Cap Fund vs Sundaram Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Multi Cap Fund is a Multi Cap fund and Sundaram Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, Sundaram Multi Cap Fund (Direct) returned 5.1% a year and Sundaram Small Cap Fund (Direct) returned 14.1% a year. Sundaram Multi Cap Fund charges 1.25% a year and Sundaram Small Cap Fund 1.00% (Direct plans). Their portfolios overlap 35.3%: they hold 29 of the same securities.
Sundaram Multi Cap Fund
Multi Cap
- 3 year return
- 5.1%
- Expense ratio
- 1.25%
- NAV
- ₹81.48
Sundaram Small Cap Fund
Small Cap
- 3 year return
- 14.1%
- Expense ratio
- 1.00%
- NAV
- ₹305.54
Which is better, Sundaram Multi Cap or Sundaram Small Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Small Cap returned more over 3 years: 14.1% a year against 5.1%.
- Sundaram Small Cap returned more over 1 year: 2.9% against −7.3%.
- Sundaram Small Cap costs less: 1.00% a year against 1.25% (Direct plans).
- Sundaram Multi Cap swung less over 3 years: a standard deviation of 15.1% a year against 16.6%.
- Sundaram Small Cap fell less in its worst fall since 03-01-2022: −23.8% against −26.5%.
- Sundaram Multi Cap holds more in large companies: 36.1% of the fund in large caps against 9.9%.
- Sundaram Small Cap is the larger fund: ₹4,107 Cr against ₹2,901 Cr.
- Their portfolios overlap 35.3%: 29 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 Multi Cap Fund | Sundaram Small Cap Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | Multi Cap | Small Cap |
| AUM | ₹2,901 Cr (30-09-2026) | ₹4,107 Cr (30-09-2026) |
| NAV | ₹81.48 (Direct) | ₹305.54 (Direct) |
| Expense ratio (Direct) | 1.25% | 1.00% |
| Expense ratio (Regular) | 2.30% | 2.03% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Nifty Smallcap 250 TRI |
| Launch date | 01-10-2000 | 01-02-2005 |
| Minimum investment | ₹100 | New Investor – Rs.100/- |
| Lock in | None | None |
| Fund managers | Rohit Seksaria, Shalav Saket | Rohit Seksaria, Shalav Saket |
| Exit load | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment.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 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. | 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 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis |
Sundaram Multi Cap vs Sundaram Small Cap: 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 Multi Cap Fund (Direct) | −3.24% | −5.74% | −0.47% | −7.27% | +5.07% | -- | -- |
| Sundaram Small Cap Fund (Direct) | −6.68% | −4.22% | +1.89% | +2.90% | +14.11% | +14.43% | +13.71% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 33 Multi Cap funds and the 36 Small Cap funds, same plan type.
Sundaram Multi Cap vs Sundaram Small Cap: Year-wise Returns
| Year | MultiSundaram Multi Cap | SmallSundaram Small Cap |
|---|---|---|
| 2026to date | −5.97% | +5.79% |
| 2025 | −5.53% | +1.48% |
| 2024 | +12.56% | +20.41% |
| 2023 | +23.31% | +46.91% |
| 2022 | -- | −0.92% |
| 2021 | -- | +61.97% |
Sundaram Multi Cap vs Sundaram Small Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Sundaram Multi Cap Fund
Rolling returns
Every 3-year holding period, 449 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 Multi Cap Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Multi Cap | 0.0 | 3.8 | 77.7 | 18.5 | 0.0 | 0.0 | 0.0 | 8.8% | 8.6% | 4.1% | 14.9% | 0% |
| Sundaram Small Cap | 0.0 | 0.0 | 0.0 | 2.9 | 40.8 | 45.7 | 10.7 | 20.5% | 20.6% | 13.3% | 28.5% | 100% |
| Nifty500 Multicap 50:25:25 TRI | 0.0 | 0.0 | 0.0 | 20.3 | 65.3 | 13.4 | 1.1 | 17.4% | 17.6% | 10.1% | 25.5% | -- |
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. The benchmark is Nifty500 Multicap 50:25:25 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 03-01-2022. Past returns do not promise future returns.
Sundaram Multi Cap vs Sundaram Small Cap: 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 Multi CapSundaram Multi Cap Fund (Direct) | ₹5,80,000 | ₹6,09,834 | ₹29,834 | 2.0% |
| Sundaram Small CapSundaram Small Cap Fund (Direct) | ₹5,80,000 | ₹8,13,870 | ₹2,33,870 | 14.0% |
Sundaram Multi CapSundaram Multi Cap Fund (Direct)
Sundaram Small CapSundaram Small Cap 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 Multi Cap vs Sundaram Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Multi Cap Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.27% | +2.90% |
| Standard deviation | 15.43% | 17.68% |
| Sharpe ratio | -0.81 | -0.13 |
| Sortino ratio | -1.09 | -0.19 |
| Maximum drawdown | −15.4% (31-03-2026) | −16.1% (23-03-2026) |
| Beta | 1.01 | 0.93 |
| Alpha | −1.14% | +5.47% |
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 Multi Cap Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.07% | +14.11% |
| Standard deviation | 15.09% | 16.61% |
| Sharpe ratio | -0.06 | 0.49 |
| Sortino ratio | -0.08 | 0.66 |
| Maximum drawdown | −26.5% (31-03-2026) | −23.8% (03-03-2025) |
| Beta | 0.91 | 0.83 |
| Alpha | −5.70% | +2.83% |
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 Multi Cap Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.29% | +17.09% |
| Standard deviation | 14.82% | 17.71% |
| Sharpe ratio | -0.18 | 0.62 |
| Sortino ratio | -0.23 | 0.83 |
| Maximum drawdown | −26.5% (31-03-2026) | −57.1% (24-03-2020) |
| Beta | 0.90 | -- |
| Alpha | −6.67% | -- |
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 Multi Cap Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Multi Cap Fund (Direct) | −26.5% | 24-09-2024 | 31-03-2026 | Not yet | -- | −19.4% |
| Sundaram Small Cap Fund (Direct) | −23.8% | 23-09-2024 | 03-03-2025 | 30-04-2026 | 14 months | −9.5% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
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.
Sundaram Multi Cap Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
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 Multi Cap Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Sundaram Multi Cap Fund (Direct) | 81% | 109% | 5.96% |
| Sundaram Small Cap Fund (Direct) | 112% | 99% | 6.94% |
From month-end values since 03-01-2022. 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 Multi Cap vs Sundaram Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Multi Cap Fund, September 2026; Sundaram Small Cap Fund, September 2026
Holdings in common
- Overlap
- 35.3%
- Held by both
- 29
- Only in Sundaram Multi Cap
- 44
- Only in Sundaram Small Cap
- 46
| Security | % of Sundaram Multi Cap | % of Sundaram Small Cap |
|---|---|---|
| Eternal Ltd (Previously Zomato Ltd) | 2.17% | 3.16% |
| MTAR Technologies Ltd | 2.12% | 5.03% |
| Interglobe Aviation Ltd | 2.50% | 2.08% |
| Axis Bank Ltd | 2.60% | 1.86% |
| Affle (India) Ltd | 1.83% | 2.62% |
| Rate Gain Travel Technologies Ltd | 1.72% | 3.18% |
| DCB Bank Ltd | 1.66% | 2.09% |
| Adani Ports and Special Economic Zone Ltd | 1.61% | 1.71% |
| Brigade Enterprises Ltd | 1.79% | 1.54% |
| Cholamandalam Financial Holdings Ltd | 1.33% | 1.92% |
| Info Edge (India) Ltd | 1.42% | 1.25% |
| Ashok Leyland Ltd | 1.87% | 1.21% |
| Elecon Engineering Company Ltd | 1.29% | 1.21% |
| Amber Enterprises India Ltd | 1.27% | 1.12% |
| Larsen & Toubro Ltd | 2.98% | 1.09% |
| Five-Star Business Finance Ltd | 1.13% | 1.09% |
| Aavas Financiers Ltd | 1.08% | 1.42% |
| Sapphire Foods India Ltd | 1.21% | 1.00% |
| Safari Industries (India) Ltd | 0.98% | 2.24% |
| ZF Commercial Vehicle Control Systems I Ltd | 0.92% | 1.08% |
| Deepak Nitrite Ltd | 0.81% | 0.85% |
| Dhoot Transmission Ltd | 0.79% | 1.15% |
| Ceat Ltd | 1.44% | 0.78% |
| One 97 Communications Ltd | 2.73% | 0.73% |
| Ion Exchange (India) Ltd | 0.71% | 1.10% |
| Cyient Ltd | 0.70% | 0.80% |
| Gland Pharma Ltd | 1.72% | 0.70% |
| Chalet Hotels Ltd | 0.69% | 1.38% |
| S.J.S. Enterprises Ltd | 0.48% | 3.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.3% means 35.3% 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 Multi Cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd | 2.83% |
| Kirloskar Oil Engines Ltd | 2.75% |
| Reliance Industries Ltd | 2.66% |
| Kalyan Jewellers India Ltd | 2.18% |
| Kotak Mahindra Bank Ltd | 2.03% |
Largest holdings only in Sundaram Small Cap Fund
| Security | % of fund |
|---|---|
| Aster DM Healthcare Ltd | 2.83% |
| PNB Housing Finance Ltd | 2.61% |
| EID Parry India Ltd | 2.02% |
| Craftsman Automation Ltd | 1.96% |
| Kalpataru Projects International Ltd | 1.50% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Multi Cap | Sundaram Small Cap |
|---|---|---|
| Equity | 97.0% | 95.9% |
| Debt | 0.0% | 0.8% |
| Cash and others | 3.0% | 3.4% |
Market cap of stocks
| Market cap | Sundaram Multi Cap | Sundaram Small Cap |
|---|---|---|
| Large Cap | 36.1% | 9.9% |
| Mid Cap | 27.5% | 6.0% |
| Small Cap | 32.5% | 77.7% |
| Not on AMFI's list | 0.8% | 2.3% |
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 Multi Cap | Sundaram Small Cap |
|---|---|---|
| Banks | 14.4% | 8.7% |
| Finance | 9.5% | 8.3% |
| Auto Components | 4.5% | 8.1% |
| Electrical Equipment | 5.8% | 6.9% |
| Consumer Durables | 4.4% | 6.3% |
| Industrial Products | 3.6% | 5.8% |
| Petroleum Products | 4.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Multi Cap vs Sundaram Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Multi Cap Fund | Sundaram Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.25% | 1.00% |
| Base expense ratio (Direct) | 0.78% | 0.74% |
| Total expense ratio (Regular) | 2.30% | 2.03% |
| Base expense ratio (Regular) | 1.69% | 1.64% |
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 Multi Cap with
Sundaram Multi Cap Fund vs Sundaram Small Cap Fund: Frequently Asked Questions
What is the difference between Sundaram Multi Cap Fund and Sundaram Small Cap Fund?
Sundaram Multi Cap Fund is a Multi Cap fund, Sundaram Small Cap Fund is a Small Cap fund, run by Sundaram Mutual Fund. Their portfolios overlap 35.3%. Sundaram Multi Cap Fund charges 1.25% a year and Sundaram Small Cap Fund 1.00%.
Which has given higher returns, Sundaram Multi Cap Fund or Sundaram Small Cap Fund?
Over 1 year: Sundaram Multi Cap Fund −7.27%, Sundaram Small Cap Fund +2.90%. Over 3 years: Sundaram Multi Cap Fund +5.07% a year, Sundaram Small Cap Fund +14.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Multi Cap Fund or Sundaram Small Cap Fund?
Sundaram Small Cap Fund charges less: 1.00% a year against 1.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Multi Cap Fund and Sundaram Small Cap Fund overlap?
35.3%. They hold 29 of the same securities, the largest shared ones being ETERNAL, MTARTECH, INDIGO. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Multi Cap Fund or Sundaram Small Cap Fund?
On SEBI's riskometer, Sundaram Multi Cap Fund is rated Very High and Sundaram Small Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 15.09% and 16.61% a year.
Which is better for SIP, Sundaram Multi Cap Fund or Sundaram Small Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,52,824 in Sundaram Multi Cap Fund (XIRR -3.0% a year) and ₹4,17,746 in Sundaram Small Cap Fund (XIRR 7.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Sundaram Multi Cap Fund and Sundaram Small Cap Fund?
Yes. 35.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Multi Cap Fund and Sundaram Small Cap Fund?
Sundaram Multi Cap Fund: Rohit Seksaria, Shalav Saket. Sundaram Small Cap Fund: Rohit Seksaria, 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.