Bharath S, Head – Equities, Sundaram Mutual
The Sundaram Midcap Fund, which has completed 23 years of existence, has registered a compounded annual growth rate of 24 per cent.
One of the longest-running and most consistent mid-cap mutual fund scheme has managed to deliver sustained long-term performance by staying true to its core philosophy of bottom-up stock picking, strong valuation discipline and risk-aware portfolio construction.
A lump-sum of ₹1 lakh invested at the inception would have grown to about ₹1.4 crore. Similarly, a SIP of ₹10,000 a month would have totalled to an investment of ₹27.5 lakh and turned ₹4.71 crore, at an Extended Internal Rate of Return of 21 per cent.
Leadership comment
Bharath S, Head – Equities, Sundaram Mutual said the consistent focus on businesses with scalable growth, passionate leadership, and strong financials has helped the fund deliver better return for investors.
Over the years, while strategy has evolved to reflect India’s formalising and consolidating economy, the fund’s core belief in identifying high-growth mid-cap businesses early has remained unchanged. A balanced blend of near-term visibility and long-term structural levers — backed by appropriate position sizing — has been key to navigating volatility, he added.
Risk controls such as active monitoring of liquidity, stock exposure limits and portfolio concentration have helped the fund sail through difficult times, he said.
Published on July 30, 2025
