Sundaram Multi Cap Fund
The fund maintains a defensive financial sector tilt with banks representing 18.5% of the portfolio, signaling conviction in stable, dividend-yielding businesses amid economic uncertainty. The manager's significant cash raise to 5% and substantial increase in overnight liquidity instruments suggest caution about near-term valuations despite retaining core quality names. Recent additions of cyclical plays like Coal India and Apollo Hospitals indicate selective positioning for selective recovery while trimming loss-making or momentum-driven positions, reflecting a balanced opportunistic stance.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹362.7522 | +0.98% | -4.85% | -7.45% | -0.33% | +14.54% | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Axis Bank Ltd | 1.36% |
| Apollo Hospitals Enterprise Ltd | 0.75% |
| Coal India Ltd | 0.51% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 4.95% |
| 2 | TREPS | 4.84% |
| 3 | ICICI Bank Ltd INE090A01021 | 4.05% |
| 4 | Reliance Industries Ltd INE002A01018 | 3.31% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 3.29% |
| 6 | Kotak Mahindra Bank Ltd INE237A01036 | 3.28% |
| 7 | Bharti Airtel Ltd INE397D01024 | 3.25% |
| 8 | Mahindra & Mahindra Financial Services Ltd INE774D01024 | 2.13% |
| 9 | Kirloskar Oil Engines Ltd INE146L01010 | 2.09% |
| 10 | TVS Holdings Ltd INE105A01035 | 2.00% |
| 11 | Bharat Electronics Ltd INE263A01024 | 1.97% |
| 12 | Mahindra & Mahindra Ltd INE101A01026 | 1.96% |
| 13 | Brigade Enterprises Ltd INE791I01019 | 1.90% |
| 14 | Affle (India) Ltd INE00WC01027 | 1.78% |
| 15 | Jyothy Laboratories Ltd INE668F01031 | 1.77% |
| 16 | Indian Bank INE562A01011 | 1.73% |
| 17 | DCB Bank Ltd INE503A01015 | 1.66% |
| 18 | Jubilant Foodworks Ltd INE797F01020 | 1.66% |
| 19 | HCL Technologies Ltd INE860A01027 | 1.62% |
| 20 | Fortis Health Care Ltd INE061F01013 | 1.58% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.