Contents
Returns vs category
3 years: 16.07% a year, 11th of 29 mid cap funds
Direct-Growth plan, a year, to 16 October 2026, from AMFI NAVs. Ranks and averages cover the 34 mid cap funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 5 of the last 10 calendar years
- 2016+11.6%avg +5.4%
- 2017+41.8%avg +42.8%
- 2018−14.8%avg −10.0%
- 2019+0.5%avg +4.7%
- 2020+12.7%avg +25.7%
- 2021+38.6%avg +46.9%
- 2022+5.8%avg +4.0%
- 2023+41.5%avg +38.7%
- 2024+33.1%avg +30.6%
- 2025+5.0%avg +3.1%
- 2026to 23 Oct−6.6%avg −3.5%
Calendar-year returns of the Direct-Growth plan. The average covers today’s mid cap funds that had a full year then.
3-year returns
3-year returns since 2013 ranged from −10.5% to 43.3% a year
- Lowest
- −10.5% to March 2020
- Middle
- +20.8%
- Highest
- +43.3% to August 2016
Every 3-year holding period ending on a NAV day from 4 January 2016 to 23 October 2026 (2,663 periods), annualised.
Worst fall
Worst fall: 44.3% (Jan 2018–Mar 2020), back at its high 10 months later
- High
- 8 Jan 2018
- Low
- 23 Mar 2020
- Back at the high
- 8 Jan 2021
- Now
- 13.1% below the 26 Aug 2026 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 2 January 2013.
Cost
The regular plan costs 0.81% a year more: about ₹2.00 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 16 October 2026. Try your own numbers in the fee calculator.
Size and facts
₹14,485 crore of assets: the 12th largest of 34 mid cap funds
- Average assets, July–September 2026
- ₹14,485 crore
- Fund house
- Sundaram Mutual Fund
- Category
- Mid cap
Genvest AI score
Genvest AI score 23 out of 100, ranked 24 of 31
Ranked 24 of 31 mid cap funds
Two of the things the score looks at, against other mid cap funds:
- Holding up in fallsDeeper or longer falls than most mid cap funds
- How bad the bad days wereSharper bad days, for its gains, than most mid cap funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 23 October 2026, among the 31 mid cap funds Genvest scores. How the score works.
Similar funds
Other mid cap funds of a similar size
- HSBC Midcap Fund3 years 21.30% a year · expense ratio 1.10%
- Invesco India Mid Cap Fund3 years 21.20% a year · expense ratio 0.76%
- Franklin India Mid Cap Fund3 years 13.62% a year · expense ratio 1.13%
- UTI Mid Cap Fund3 years 10.44% a year · expense ratio 1.27%
Every mid cap fund compared, from the category guide.
Questions people ask
To 16 October 2026, the direct plan returned 0.12% over 1 year, 16.07% over 3 years, 14.54% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 24th of 31, against a category average of 1.83%. Over 3 years it ranked 11th of 29, against a category average of 14.98%. Over 5 years it ranked 9th of 25, against a category average of 13.18%. Ranks compare the direct plans of the mid cap funds AMFI lists today, by return; they are not ratings.
As disclosed on 16 October 2026, the total expense ratio is 1.06% a year for the direct plan and 1.87% for the regular plan. The 0.81% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.00 lakh ahead.
Its direct plan NAV fell 44.3% from its high on 8 January 2018 to 23 March 2020, and was back at that high on 8 January 2021. On 23 October 2026 it was 13.1% below its highest NAV, set on 26 August 2026.
Its average assets in July–September 2026 were ₹14,485 crore, across all plans, per AMFI: the 12th largest of 34 mid cap funds.
23 out of 100 as of 23 October 2026, ranking it 24 of the 31 mid cap funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other mid cap funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.