Sundaram Balanced Advantage Fund Direct Growth

Sundaram Balanced Advantage Fund Direct Growth

Hybrid

Direct

Dynamic Asset Allocation

NAV as on 11-12-2024

₹ 40.65

0.1%

1D

Inception Returns

11.1%

/yr

About Sundaram Balanced Advantage Fund Direct Growth

Sundaram Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, S. Bharath. This fund gives you the benefit of diversification.

Key Parameters

  1. Sundaram Balanced Advantage Fund Direct Growth has ₹1533 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Sundaram Balanced Advantage Fund Direct Growth has given a CAGR return of 11.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.09%, 13.08% and 12.84% respectively.

Holdings

Sundaram Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Consumer Cyclical, Corporate, Tech, Energy, Health, Industrial, Consumer Defensive, Basic Materials, Securitize, Communication, Utilities.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Sundaram Balanced Advantage Fund Direct Growth

The investment objective of the Scheme is to provide accrual income and capital apprection by investing in a mix of equity, debt, REITs/InvITs and equity derivatives that are managed dynamically. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual Fund or by the sponsor or by the asset management company.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Balanced Advantage Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
152 people have invested ₹ 4L in Sundaram Balanced Advantage Fund Direct Growth in the last three months

Sundaram Balanced Advantage Fund Direct Growth Overview

Expense ratio0.62%
Benchmark
null
AUM₹1533 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
244.71%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (11-Dec-24)

Period
Sundaram Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
2.1%
1.9%
3M
1.1%
-0.3%
6M
8.3%
6.1%
1Y
19.1%
18.4%
3Y
13.1%
12.6%
5Y
12.8%
13.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 55.3%

  • Debt & Cash 44.7%

Large cap
56.8%

Mid cap
10.1%

Small cap
2.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
36.1%
Consumer Cyclical
12.4%
Tech
10.5%
Energy
9.1%
Health
7.6%
Industrial
7.3%
Consumer Defensive
5.8%
Basic Materials
4.5%
Communication
3.8%
Utilities
3%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.6K Cr
₹ 1.6K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.6K Cr as of Oct'24
  • AUM increased by 16.8 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Corporate

Oct'24
Government
37%
Financial Services
36%
Consumer Cyclical
12%
Sep'24
Government
38%
Financial Services
35%
Corporate
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
100
99
99
Top 5 Company Concentration
24%
23.5%
23.5%
Company having highest exposure
HDFC Bank Ltd (7.4%)
HDFC Bank Ltd (6.8%)
HDFC Bank Ltd (6.8%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
107.9%
113.6%
107.8%
Sector having highest exposure
Government (36.9%)
Government (38.6%)
Government (37.6%)
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Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Balanced Advantage Fund Direct Growth, since 1 January 2022
S. Bharath
S. Bharath
Fund Manager of Sundaram Balanced Advantage Fund Direct Growth, since 1 January 2022
Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹70.43K Cr
as on 31-Oct-2024
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com

Mutual Fund Insights

Insights icon
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 23.12% return, outperforming this fund by 10.08% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.13%.
Insights icon
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 31.92% return, outperforming this fund by 12.57%.
Insights icon
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 21.96% return, outperforming this fund by 9.13% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 3.7% drop in AUM moving from 1.59K Cr to 1.53K Cr.

Sundaram Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.11% since inception which is less than its category average return of 12.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 55.34% in Equity, 23.91% in Debt and 20.74% in Cash related instruments
AUM size ₹1533 Cr

AUM size ₹1533 Cr

This fund has AUM of ₹1533 Cr which is less than its category average of ₹ 8948 Cr
Expense Ratio 0.62%

Expense Ratio 0.62%

This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions for Sundaram Balanced Advantage Fund Direct Growth

The current NAV of Sundaram Balanced Advantage Fund Direct Growth is ₹40.65 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Sundaram Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.14%
2.14%
6 Month Returns
8.3%
8.3%
1 Year Returns
19.09%
19.09%
3 Years Returns
44.6%
13.08%
5 Years Returns
82.93%
12.84%
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0.62% as on November 2024
₹1533 Cr as on November 2024
HDFC Bank Ltd(7.42%), Reliance Industries Ltd(5.36%), ICICI Bank Ltd(4.8%), Infosys Ltd(3.84%), 7.1% Govt Stock 2034(3.32%) as on November 2024
Cash Equivalent(20.96%), Financial Services(19.96%), Government(16.5%) as on November 2024
AAA
97.68
Dwijendra Srivastava, S. Bharath are the fund managers of Sundaram Balanced Advantage Fund Direct Growth
The Exit load of Sundaram Balanced Advantage Fund Direct Growth is 1%