The Net Asset Value of Sundaram Mid Cap Fund has crossed the 800 mark. As of this writing on June 17, the fund’s regular plan had a NAV of 809.0842, while its direct plan had a NAV of 868.0842.

According to AMFI website news on June 17, the Sundaram Mid Cap Fund regular plan has had an annualised rate of return of 23.4% since its launch. The fund’s 1-year return was 31.16% for the regular plan and 32.32 for the regular plan. In the past three years, the return rate of the regular plan of the mid-cap fund is 30.06%, and the return rate of the direct plan is 31.21%.

Since inception, the fund’s regular schedule has multiplied investors’ money 80-fold. For example, if someone had invested Rs 1 lakh in the regular scheme of scheme at the start, by now, it might have grown to around Rs 80 lakh. That said, here are some highlights of this mid-cap fund.

Sundaram Mid Cap Fund is rated 2 stars by Value Research and Morningstar. According to the fund’s risk meter, it carries “very high” risk.

According to the fund’s May 2023 factsheet, its most invested stocks include Commonwealth Bank Limited (3.4%), Navin Fluorine International Ltd (2.8%), Tube Investments of India Ltd (2.8%), Shriram Transport Finance Company Ltd (2.8%), Cummins India Ltd (2.7%), Grindwell Norton Ltd (2.5%), Cholamandalam Investment and Finance.

Company Ltd (2.5%), Trent Ltd (2.4%), Persistent Systems Ltd (2.3%) and Coromandel International Ltd (2.3%).

This mid-cap fund tracks the Nifty Mid Cap 150 ATRI. S Bharat and Ratish B Varier manage it.

Sundaram Mid Cap Fund aims to generate capital growth for investors by investing primarily in stocks known as mid-cap stocks.

According to the fund’s May 2023 factsheet, it has the highest exposure to banks (11%), followed by auto parts (10.5%), financials (9.6%), industrial products (8.9%), pharmaceuticals and biotech (5.7%) %), consumer durables (5.3%) etc.