This multi-cap fund gave 22.49% returns in 5 years: Should you invest?
Sundaram Multi Cap Fund: The fund emphasises on growth at reasonable price (GARP) framework, with a preference for focused businesses with long growth runway. Apart from the 25% fixed allocation to large-, mid- and smallcap segments, it prefers to...
By ET Bureau |
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Sundaram Multi Cap Fund: Read this before you invest
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. Sundaram Multi Cap Fund BASIC FACTS DATE OF LAUNCH 25 OCTOBER 2000 CATEGORY
EQUITY TYPE MULTI CAP AUM* Rs.2,854 crore BENCHMARK NIFTY 500 MULTICAP 50:25:25 TOTAL RETURN INDEX
WHAT IT COSTS NAV** GROWTH OPTION Rs.382.98 IDCW Rs.70.18
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MINIMUM INVESTMENT Rs.100
MINIMUM SIP AMOUNT
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Rs.100 EXPENSE RATIO# (%) 1.98 EXIT LOAD For units in excess of 25% of the investment, 1% will be charged for redemption within 365 days
*AS ON 31 AUG 2024 **AS ON 8 OCT 2024 #AS ON 31 AUG 2024
Should You Buy This fund was born out of the merger of Sundaram Equity with Principal Multi Cap when Sundaram MF took over the reins of Principal MF’s schemes in 2021. The fund emphasises on growth at reasonable price (GARP) framework, with a preference for focused businesses with long growth runway. Apart from the 25% fixed allocation to large-, mid- and smallcap segments, it prefers to retain presence in large-caps for the last 25% part of its portfolio where leeway in allocation is afforded for a multi-cap fund. Since its rechristening, the fund has delivered decent outperformance relative to its benchmark, but has fallen behind its peers. The fund needs to improve its show relative to peers to be considered a worthy bet in this segment.
