Sundaram Flexi Cap Fund
Sundaram Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
The fund is heavily tilted toward banking sector exposure, which now represents over a quarter of the portfolio, reflecting conviction in financial services growth. The significant cash build-up via TREPS and recent exits from consumer and healthcare stocks suggest the manager is taking a cautious stance, potentially waiting for better entry points or locking in gains. This positioning indicates a near-term defensive shift while maintaining exposure to large-cap structural beneficiaries like tech and industrials.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹13.9333 | -0.93% | -7.00% | -8.43% | -2.00% | +11.09% | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
52
Top 5 Weight
24.93%
Top 10 Weight
40.74%
Active Share
—
Large Cap
62.19%
Gini
0.346
What Changed2026-03-31 → 2026-04-30
Holdings: 58 → 54+0 added−4 removed27 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.86% |
| 2 | ICICI Bank Ltd INE090A01021 | 5.66% |
| 3 | TREPS | 5.53% |
| 4 | Reliance Industries Ltd INE002A01018 | 4.30% |
| 5 | Axis Bank Ltd INE238A01034 | 4.21% |
| 6 | Bharti Airtel Ltd INE397D01024 | 3.90% |
| 7 | State Bank of India INE062A01020 | 3.81% |
| 8 | Larsen & Toubro Ltd INE018A01030 | 3.45% |
| 9 | Infosys Ltd INE009A01021 | 3.15% |
| 10 | Kotak Mahindra Bank Ltd INE237A01036 | 2.87% |
| 11 | Kirloskar Oil Engines Ltd INE146L01010 | 2.53% |
| 12 | Ultratech Cement Ltd INE481G01011 | 2.43% |
| 13 | Mahindra & Mahindra Ltd INE101A01026 | 2.16% |
| 14 | Force Motors Ltd INE451A01017 | 2.14% |
| 15 | ITC Ltd INE154A01025 | 2.07% |
| 16 | NTPC LTD INE733E01010 | 1.91% |
| 17 | Oil & Natural Gas Corporation Ltd INE213A01029 | 1.83% |
| 18 | Union Bank of India INE692A01016 | 1.76% |
| 19 | Cummins India Ltd INE298A01020 | 1.71% |
| 20 | IndusInd Bank Ltd INE095A01012 | 1.68% |
Sector Allocation
Banks26.9%
It - Software6.4%
Cement & Cement Products4.6%
Petroleum Products4.3%
Automobiles4.3%
Industrial Products4.2%
Telecom - Services3.9%
Construction3.5%
Pharmaceuticals & Biotechnology3.1%
Power3.0%
Top 10 sectors by % to NAV. Excludes derivatives.