Sundaram Balanced Advantage Fund - Direct Plan - Growth Option
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 35.96 as on 18-04-2024
Fund Performance
192 people have invested ₹ 25.1L in Sundaram Balanced Advantage Fund - Direct Plan - Growth Option in the last three months
Mutual Fund Insights
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.58% return, outperforming this fund by 39.44%.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.15%.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.01% return, outperforming this fund by 13.71% per annum.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 18.57% return, outperforming this fund by 8.48% per annum.
Over the last 3 months, this fund has experienced a 3.1% drop in AUM moving from 1.56K Cr to 1.51K Cr.
About the Sundaram Balanced Advantage Fund - Direct Plan - Growth Option
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, S. Bharath, Ravi Gopalakrishnan. This fund gives you the benefit of diversification.
Key Parameters
- Sundaram Balanced Advantage Fund - Direct Plan - Growth Option has ₹1520 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Overview
 | 0.61% |
 Benchmark | null |
 | ₹1520 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 274.42% |
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
59.2%
Mid cap
9.5%
Small cap
3.3%
Sector Allocation
Financial Services
34.3%
Consumer Cyclical
12.3%
Tech
12.1%
Energy
8.3%
Health
7.9%
Industrial
7.6%
Basic Materials
5.7%
Consumer Defensive
5.7%
Utilities
2.7%
Communication
2.6%
Real Estate
0.9%
Top Holdings of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option as on (31-Mar-24)
Equity Holdings59
Debt Holdings25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.49% | 0% | |
 HDFC Bank Ltd | 6.17% | -7.4% | |
 Reliance Industries Ltd | 5.8% | 0% | |
 Infosys Ltd | 4.88% | 0% | |
 Maruti Suzuki India Ltd | 2.27% | 0% |
See all
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.5K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Fund Manager
Dwijendra Srivastava
Fund Manager of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option, since 1 January 2022
Top funds managed
S. Bharath
Fund Manager of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option, since 1 January 2022
Top funds managed
Ravi Gopalakrishnan
Fund Manager of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option, since 16 May 2022
Top funds managed
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 10.6% since inception which is less than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 59.36% in Equity, 23.85% in Debt and 16.65% in Cash related instruments
AUM size ₹1520 Cr
This fund has AUM of ₹1520 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option is ₹35.96 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 10.46% | 10.46% |
1 Year Returns | 21.14% | 21.14% |
3 Years Returns | 41.64% | 12.3% |
5 Years Returns | 61.66% | 10.08% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.61% as on March 2024
₹1520 Cr as on March 2024
ICICI Bank Ltd(6.49%), HDFC Bank Ltd(6.17%), Reliance Industries Ltd(5.8%), Infosys Ltd(4.88%), 7.38% Govt Stock 2027(2.66%) as on March 2024
Financial Services(20.35%), Cash Equivalent(16.65%), Government(14.35%) as on March 2024
AAA | 97.88 |
Dwijendra Srivastava, S. Bharath, Ravi Gopalakrishnan are the fund managers of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option
The Exit load of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option is 1%