Sundaram Equity Savings Fund
The fund maintains an equity-heavy tilt with nearly four-fifths deployed in stocks, positioning for growth while the hybrid structure provides downside cushioning. Banking dominance—representing a quarter of the portfolio—reflects conviction in financial sector stability, though the recent exit from BPCL and shift out of TREPS signal a tactical pivot toward direct equity exposure over safer alternatives. The 12 new entrants, including ONGC and Vedanta, suggest the manager is selectively hunting for value in cyclicals and infrastructure, balancing the large-cap safety of Airtel and Reliance.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹69.7952 | -0.05% | -2.60% | -3.08% | +0.93% | +9.42% | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Patanjali Foods Ltd | 2.39% |
| One 97 Communications Ltd | 0.50% |
| Multi Commodity Exchange of India Ltd | 0.34% |
| Oil & Natural Gas Corporation Ltd | 0.28% |
| Vedanta Ltd | 0.20% |
| Affle (India) Ltd | 0.16% |
| Aster DM Healthcare Ltd | 0.14% |
| Talwandi Sabo Power Ltd | 0.09% |
| Malco Energy Ltd | 0.09% |
| Vedanta Aluminium Metal Ltd | 0.09% |
| Vedanta Iron and Steel Ltd | 0.09% |
| Elecon Engineering Company Ltd | 0.09% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Ltd INE397D01024 | 9.69% |
| 2 | Reliance Industries Ltd INE002A01018 | 8.85% |
| 3 | HDFC Bank Ltd INE040A01034 | 7.39% |
| 4 | ICICI Bank Ltd INE090A01021 | 7.14% |
| 5 | Margin Money For Derivatives | 5.22% |
| 6 | TREPS | 5.12% |
| 7 | Axis Bank Ltd INE238A01034 | 4.40% |
| 8 | Larsen & Toubro Ltd INE018A01030 | 3.71% |
| 9 | State Bank of India INE062A01020 | 3.21% |
| 10 | Kotak Mahindra Bank Ltd INE237A01036 | 3.01% |
| 11 | Mahindra & Mahindra Ltd INE101A01026 | 2.55% |
| 12 | Patanjali Foods Ltd INE619A01035 | 2.39% |
| 13 | Bajaj Finance Ltd INE296A01032 | 2.35% |
| 14 | LIC Housing Finance Ltd - 6.65% - 15/02/2027** INE115A07PR7 | 2.30% |
| 15 | 6.48% Central Government Securities 06/10/2035* IN0020250091 | 2.23% |
| 16 | Hindalco Industries Ltd INE038A01020 | 1.44% |
| 17 | 7.37% Government Securities-23/10/2028* IN0020230101 | 1.42% |
| 18 | 7.23% Central Government Securities 15/04/2039 IN0020240027 | 1.39% |
| 19 | Small Industries Development Bank of India - 7.47% - 05/09/2029** INE556F08KR0 | 1.38% |
| 20 | 6.01% Central Government Securities 21/07/2030* IN0020250067 | 1.36% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.