Sundaram Balanced Advantage Fund - Direct Plan - Growth Option
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 32.3 as on 04-10-2023
Fund Performance
289 people have invested ₹ 13.5L in Sundaram Balanced Advantage Fund - Direct Plan - Growth Option in the last three months
Fund Insights
In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 27.87% return, outperforming this fund by 15.62%.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.57% which is lower than the category average expense ratio of 1.19%.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 30.4% return, outperforming this fund by 19.13% per annum.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 16.7% return, outperforming this fund by 8.13% per annum.
About the Fund
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 S. Bharath, Ravi Gopalakrishnan, Dwijendra Srivastava. This fund gives you the benefit of diversification.
Key Parameters
- Sundaram Balanced Advantage Fund - Direct Plan - Growth Option has ₹1533 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.6.
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Overview
 | 0.57% |
 Benchmark | null |
 | ₹1533 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 274.42% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
58%
Mid cap
10.2%
Small cap
3.7%
Sector Allocation
Financial Services
34.3%
Consumer Cyclical
13.6%
Tech
10.3%
Consumer Defensive
8.1%
Industrial
8.1%
Energy
7.5%
Basic Materials
7.5%
Health
4.8%
Communication
2.7%
Utilities
2.2%
Real Estate
0.8%
Top Holdings of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option as on (30-Sep-23)
Equity Holdings66
Debt Holdings25
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 Aug'23
- AUM decreased by 22 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option Fund Manager
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
Dwijendra Srivastava
Fund Manager of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option, since 1 January 2022
Top funds managed
Fund 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 10.03% since inception which is less than its category average return of 10.41%
Fund Allocations
This fund has an allocation of 57.57% in Equity, 22.65% in Debt and 19.78% in Cash related instruments
AUM size ₹1533 Cr
This fund has AUM of ₹1533 Cr which is less than its category average of ₹ 7879 Cr
Expense Ratio 0.57%
This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Sundaram Balanced Advantage Fund - Direct Plan - Growth Option is ₹32.29 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | -0.61% | -0.61% |
6 Month Returns | 9.86% | 9.86% |
1 Year Returns | 10.18% | 10.18% |
3 Years Returns | 37.1% | 11.09% |
5 Years Returns | 50.73% | 8.55% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.57% as on September 2023
₹1533 Cr as on September 2023
HDFC Bank Ltd(7.12%), ICICI Bank Ltd(6.41%), Reliance Industries Ltd(5.12%), Infosys Ltd(4.31%), 7.38% Govt Stock 2027(2.63%) as on September 2023
Cash Equivalent(19.78%), Financial Services(19.72%), Government(14.13%) as on September 2023
AAA | 100 |
S. Bharath, Ravi Gopalakrishnan, Dwijendra Srivastava 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%