HomeEquity Fund › Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)

Multi Cap Fund · Sundaram Asset Management Company Ltd

In plain words

Among the 124 similar multi cap funds we track, this one has grown money a bit faster than average. ₹1 lakh invested 3 years ago would be about ₹1.4 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4.1 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹80,550. Expect meaningful ups and downs on the way.

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Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) is a multi cap 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 54/99 (its recent momentum versus category peers) and a King Score of 61/100 (a long-term quality composite). The current NAV is ₹434.15 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 61/100 · Current momentum (RS): 54/99 · Worst-ever fall: -19.45%
54RS rating
61King Score
12.3%3Y CAGR
n/a5Y CAGR
-19.45%Max drawdown
0.39Sharpe 3Y
0.93%Expense
2806AUM ₹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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-3.07%-2.97%
3 months3.46%2.52%
6 months10.77%12.23%
1 year0.96%4.57%
3 years (CAGR)12.3%13.71%

Its trailing one-year return is 0.96%. 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 Multi Cap FunBenchmark
2023+32.6%+25.8%
2024+20.8%+15.2%
2025+5.7%+6.7%
2026-0.6%-5.8%

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) beat its benchmark in 3 of the last 4 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. 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 Multi Cap Fund (Formerly Known as Principal Multi Cap 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₹411,8577.08%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹411,857 - an XIRR of 7.08%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-19.45%-23.39%
Worst drawdown (3Y)-18.54%-19.3%
Volatility (1Y)18.16%17.81%
Sharpe (3Y)0.390.37
Sortino (3Y)0.640.78
Beta (3Y)0.991.03
Alpha (3Y)3.72%5.36%
Up capture102.2%107.6%
Down capture92.7%94.77%
Bull-market return27.6%33.33%
Bear-market return-26.8%-25.25%

Timing matters more than people admit: the best possible 1-year stretch in Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) (starting 2023-07-10) gained 47.1%, while the worst (starting 2022-01-17) lost 6.1%. The worst peak-to-bottom fall Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) has ever put investors through is -19.45% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -26.8% annualised, versus 27.6% in rising markets. It has captured roughly 102.2% of its benchmark's up-moves and 92.7% of its down-moves.

How Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) has historically returned about -26.8% annualised, versus roughly 27.6% when the market is rising. Its deepest fall on record is -19.45%. Right now it sits about 3.08% below its all-time high (last hit 2026-08-13). The real question isn't the average year - it's whether you could hold on through the worst one.

How Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) ranks in its category

Percentile versus its ~124 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
58th
Drawdown resilience
66th
Consistency
61th
Risk-adjusted (Sharpe)
63th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR17.76%
3Y windows positive100.0%
Worst 3Y window12.8%
3Y windows beating Nifty 500100.0%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) returned a median of 17.76% a year, and 100.0% of those windows were positive.

What Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) holds

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

Top holdings

HDFC Bank Ltd · Finance
4.8%
ICICI Bank Ltd · Financials
4.0%
Larsen & Toubro Ltd · Industrials
3.3%
Bharti Airtel Ltd · Communication Services
3.1%
Reliance Industries Ltd · Energy
3.1%
Kotak Mahindra Bank Ltd · Finance
2.5%
Mahindra & Mahindra Ltd · Consumer Discretionary
2.4%
Kirloskar Oil Engines Ltd · Industrials
2.4%
TVS Holdings Ltd · Consumer Discretionary
1.9%
Bharat Electronics Ltd · Information Technology
1.9%

Sector allocation

Financials
12.9%
Industrials
12.2%
Consumer Discretionary
8.9%
Finance
7.3%
Materials
5.5%
Health Care
5.3%
Energy
4.5%
Information Technology
3.6%

The top 10 holdings make up 29.4% of the portfolio, across 70 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) shares HSBC Multi Cap Fund (2%), Axis Multicap Fund (1%), LIC MF Multi Cap Fund (1%) 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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) - and how good are they?

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) is managed by Rohit Seksaria 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.

Rohit Seksaria's full record

Rohit Seksaria currently runs 9 funds, across Arbitrage Fund, ELSS, Index Funds, Multi Cap Fund and more, with about ₹16,944 Cr under management. The book's average King Score is 61.8/100. Their strongest fund by King Score is Sundaram Arbitrage Fund (Formerly Known as Prinicpal Arbitrage Fund) (81/100); Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) ranks #4 of 9 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 Arbitrage Fund (Formerly Known as Prinicpal Arbitrage Fund)79811.6%3.1%6.7%7.3%n/an/a0.727.3%-0.2%
2Sundaram Small Cap Fund66714.5%26.5%13.6%16.3%16.5%15.2%0.5621.2%-57.1%
3Sundaram Services Fund68653.6%13.4%2.8%13.1%13.0%n/a0.4321.9%-39.6%
4Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) (this page)54613.5%10.8%1.0%12.3%n/an/a0.3917.8%-19.4%
5Sundaram Financial Services Opportunities Fund60590.8%6.7%8.6%12.3%13.7%14.1%0.3316.5%-43.2%
6Sundaram Nifty 100 Equal Weight Fund (Formerly Known as Principal Nifty 100 Equal Weight Fund)4758-1.6%6.1%1.4%12.6%n/an/a0.3817.2%-21.2%
7Sundaram ELSS Tax Saver Fund1354-2.2%0.8%-6.5%7.0%n/an/a0.0515.2%-16.7%
8Sundaram 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%
9Sundaram Multi-Factor Fund10n/a-2.9%-0.6%-4.9%n/an/an/an/an/a-14.9%

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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) ranks #8 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)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) (this page)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)0.93%
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹100
Fund size (AUM)₹2,806 Cr
Age4.7 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) compares to peers

FundRSKing3Y CAGR
Axis Multicap Fund909018.3%
LIC MF Multi Cap Fund808817.1%
HSBC Multi Cap Fund688217.1%
Mahindra Manulife Multi Cap Fund917816.6%
Union Multicap Fund837814.0%
Bank of India Multi Cap Fund827816.8%
Compare side by side. Chart Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap 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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) review: the bottom line

On the data, its strengths are beating the Nifty 500 in 100.0% of 3-year windows. 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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) scores 61/100 on our King Score and RS 54/99 within its category, has compounded 12.3% a year over three years, and its worst drawdown was -19.45%. Compare those against your needs and the peer table above.

What is the NAV of Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) today?

The latest NAV is ₹434.15 (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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)?

The Direct-plan expense ratio is 0.93% 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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)?

Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) is managed by Rohit Seksaria; Shalav Saket.

Is Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap 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 -19.45% - ₹1 lakh briefly becoming about ₹80,550. 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 Multi Cap Fund (Formerly Known as Principal Multi Cap 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 ₹4.1 lakh (XIRR 7.08%). 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 Multi Cap Fund (Formerly Known as Principal Multi Cap Fund)?

A ₹10,000/month SIP over 3 years would have grown to about ₹411,857 (an XIRR of 7.08%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Fund) rank among similar funds?

On 3-year returns it sits around the 58th percentile of its category, and its consistency ranks 61th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap 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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