HomeEquity Fund › Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)

Focused Fund · Sundaram Asset Management Company Ltd

In plain words

Among the 114 similar focused funds we track, this one has grown money at about the average pace. ₹1 lakh invested 3 years ago would be about ₹1.3 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹79,920. Expect meaningful ups and downs on the way.

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Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) is a focused fund from Sundaram Asset Management Company Ltd. It has a track record of about 4.7 years. As of the latest data it carries an RS rating of 78/99 (its recent momentum versus category peers) and a King Score of 62/100 (a long-term quality composite). The current NAV is ₹182.44 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 62/100 · Current momentum (RS): 78/99 · Worst-ever fall: -20.08%
78RS rating
62King Score
9.43%3Y CAGR
n/a5Y CAGR
-20.08%Max drawdown
0.22Sharpe 3Y
1.3%Expense
1016AUM ₹Cr

Growth of ₹100 - last 5 years

2022-012026-09
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-3.36%-3.77%
3 months3.68%1.71%
6 months10.16%8.36%
1 year2.36%2.09%
3 years (CAGR)9.43%11.56%

Its trailing one-year return is 2.36%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearSundaram Focused Fund Benchmark
2023+25.7%+25.8%
2024+18.5%+15.2%
2025+3.0%+6.7%
2026+0.3%-5.8%

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) beat its benchmark in 2 of the last 4 calendar years. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹404,6765.91%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹404,676 - an XIRR of 5.91%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-20.08%-30.25%
Worst drawdown (3Y)-17.17%-18.7%
Volatility (1Y)16.33%18.07%
Sharpe (3Y)0.220.34
Sortino (3Y)0.440.62
Beta (3Y)0.860.96
Alpha (3Y)1.6%3.53%
Up capture89.8%100.47%
Down capture84.0%91.16%
Bull-market return24.7%29.75%
Bear-market return-27.6%-28.61%

Timing matters more than people admit: the best possible 1-year stretch in Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) (starting 2023-03-29) gained 40.6%, while the worst (starting 2024-09-26) lost 7.5%. The worst peak-to-bottom fall Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) has ever put investors through is -20.08% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -27.6% annualised, versus 24.7% in rising markets. It has captured roughly 89.8% of its benchmark's up-moves and 84.0% of its down-moves.

How Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) has historically returned about -27.6% annualised, versus roughly 24.7% when the market is rising. Its deepest fall on record is -20.08%. Right now it sits about 3.66% below its all-time high (last hit 2026-08-10). The real question isn't the average year - it's whether you could hold on through the worst one.

How Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) ranks in its category

Percentile versus its ~114 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
54th
Drawdown resilience
81th
Consistency
62th
Risk-adjusted (Sharpe)
57th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR14.14%
3Y windows positive100.0%
Worst 3Y window10.51%
3Y windows beating Nifty 50025.0%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) returned a median of 14.14% a year, and 100.0% of those windows were positive.

What Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

HDFC Bank Ltd · Finance
7.7%
ICICI Bank Ltd · Financials
6.6%
Bharti Airtel Ltd · Communication Services
6.2%
TVS Motor Company Ltd · Consumer Discretionary
5.5%
Craftsman Automation Ltd · Engineering
5.4%
Happy Forgings Ltd · Forgings
5.0%
Kotak Mahindra Bank Ltd · Finance
5.0%
Triveni Turbine Ltd · Industrials
4.3%
Avenue Supermarts Ltd · Consumer Discretionary
3.6%
Apollo Hospitals Enterprise Ltd · Health Care
3.6%

Sector allocation

Financials
17.9%
Finance
12.7%
Consumer Discretionary
11.5%
Industrials
8.1%
Information Technology
8.0%
Communication Services
6.2%
Engineering
5.4%
Forgings
5.0%

The top 10 holdings make up 53.1% of the portfolio, across 29 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) shares Mahindra Manulife Focused Fund (6%), ITI Focused Fund (2%), ICICI Prudential Focused Equity Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Who manages Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) - and how good are they?

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) is managed by Ashwin Jain and Shalav Saket. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Ashwin Jain's full record

Ashwin Jain currently runs 2 funds, across Focused Fund, Large Cap Fund, with about ₹4,016 Cr under management. The book's average King Score is 60.0/100. This fund is the highest-scored fund they run (King 62/100).

Tap any column heading to sort.

Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) (this page)78623.7%10.2%2.4%9.4%n/an/a0.2214.1%-20.1%
2Sundaram Large Cap Fund (Formerly Known as Sundaram Blue Chip Fund)Direct6258-0.9%2.0%-3.3%6.5%7.3%n/a0.0114.1%-16.2%

Shalav Saket's full record

Shalav Saket currently runs 16 funds, across Aggressive Hybrid Fund, ELSS, Flexi Cap Fund, FoF Overseas and more, with about ₹54,478 Cr under management. The book's average King Score is 58.9/100. Their strongest fund by King Score is Sundaram Large and Midcap Fund (74/100); Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) ranks #7 of 16 in their book.

Tap any column heading to sort.

Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1Sundaram Large and Midcap Fund99745.5%13.9%7.5%13.5%11.5%15.1%0.4516.6%-38.0%
2Sundaram Mid Cap Fund54740.4%10.7%4.8%17.3%15.9%14.5%0.6420.8%-44.3%
3Sundaram Small Cap Fund66714.5%26.5%13.6%16.3%16.5%15.2%0.5621.2%-57.1%
4Sundaram Services Fund68653.6%13.4%2.8%13.1%13.0%n/a0.4321.9%-39.6%
5Sundaram Aggressive Hybrid Fund (Formerly Known as Principal Hybrid Equity Fund)56640.3%3.1%-1.5%8.5%n/an/a0.1913.6%-13.1%
6Sundaram Infrastructure Advantage Fund2964-4.5%4.8%3.3%14.6%14.9%14.4%0.4517.1%-50.6%
7Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) (this page)78623.7%10.2%2.4%9.4%n/an/a0.2214.1%-20.1%
8Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)54613.5%10.8%1.0%12.3%n/an/a0.3917.8%-19.4%
9Sundaram Financial Services Opportunities Fund60590.8%6.7%8.6%12.3%13.7%14.1%0.3316.5%-43.2%
10Sundaram Large Cap Fund (Formerly Known as Sundaram Blue Chip Fund)Direct6258-0.9%2.0%-3.3%6.5%7.3%n/a0.0114.1%-16.2%
11Sundaram ELSS Tax Saver Fund1354-2.2%0.8%-6.5%7.0%n/an/a0.0515.2%-16.7%
12Sundaram Flexicap Fund1449-2.1%1.2%-5.8%7.5%n/an/a0.0815.9%-15.7%
13Sundaram Global Brand Theme-Equity Active FOF58482.4%13.5%19.9%18.8%12.8%13.1%0.849.0%-30.1%
14Sundaram Consumption Fund (Formerly Known as Sundaram Rural and Consumption Fund53454.9%10.6%-7.0%8.8%10.7%11.5%0.1517.5%-35.7%
15Sundaram Value Fund2336-1.9%-0.2%-7.2%5.5%7.2%9.9%-0.0614.0%-41.3%
16Sundaram Business Cycle Fund77n/a5.8%19.2%2.3%n/an/an/a0.01n/a-19.5%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)1.3%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹300
Fund size (AUM)₹1,016 Cr
Age4.7 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) compares to peers

FundRSKing3Y CAGR
ITI Focused Fund699516.8%
ICICI Prudential Focused Equity Fund449015.4%
Mahindra Manulife Focused Fund288712.0%
HSBC Focused Fund858413.6%
Canara Robeco Focused Fund468411.7%
SBI Focused Fund908414.4%
Compare side by side. Chart Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) review: the bottom line

Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) scores 62/100 on our King Score and RS 78/99 within its category, has compounded 9.43% a year over three years, and its worst drawdown was -20.08%. Compare those against your needs and the peer table above.

What is the NAV of Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) today?

The latest NAV is ₹182.44 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)?

The Direct-plan expense ratio is 1.3% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)?

Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) is managed by Ashwin Jain; Shalav Saket.

Is Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -20.08% - ₹1 lakh briefly becoming about ₹79,920. As a equity fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹4 lakh (XIRR 5.91%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)?

A ₹10,000/month SIP over 3 years would have grown to about ₹404,676 (an XIRR of 5.91%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) rank among similar funds?

On 3-year returns it sits around the 54th percentile of its category, and its consistency ranks 62th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund) tax-efficient / what about capital gains?

As a equity fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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