Can pass your comma seperated string like in given below way. This would convert entire comma separated string in different rows.
SELECT trim(x.column_value.extract('e/text()')) COLUMNS from t t, table
(xmlsequence(xmltype('<e><e>' || replace(valuestring,--put comma seperated string here
':','</e><e>')||
'</e></e>').extract('e/e'))) x );