Sundaram Balanced Advantage Fund Direct Growth

Hybrid
Direct
Dynamic Asset Allocation
Sundaram Balanced Advantage Fund Direct Growth

About the Fund

Sundaram Balanced Advantage Fund Direct Growth 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

  1. Sundaram Balanced Advantage Fund Direct Growth has ₹1505 Cr worth of assets under management (AUM) as on Jun 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 11.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.70%, 13.56% and 12.29% respectively.

Holdings

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

Fund Performance
zero opening, trading, fund transfer fee
160 people have invested ₹ 4.3L in Sundaram Balanced Advantage Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.57%
Benchmark
null
AUM₹1505 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
274.42%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 60.8%

  • Debt & Cash 39.2%

Large cap
59.4%

Mid cap
10.9%

Small cap
1.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
36.9%
Tech
10.2%
Consumer Cyclical
9.3%
Energy
8.8%
Industrial
7.8%
Communication
7.3%
Health
7.2%
Consumer Defensive
5.1%
Basic Materials
4.6%
Utilities
2.9%
All changes are between Oct'69 and Dec'69

S. Bharath
S. Bharath
Fund Manager of Sundaram Balanced Advantage Fund Direct Growth, since 1 January 2022
Ravi Gopalakrishnan
Ravi Gopalakrishnan
Fund Manager of Sundaram Balanced Advantage Fund Direct Growth, since 16 May 2022
Dwijendra Srivastava
Dwijendra Srivastava
Fund Manager of Sundaram Balanced Advantage Fund Direct Growth, since 1 January 2022

Mutual Fund Insights

Insights icon
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 1.14%.
Insights icon
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 56.13% return, outperforming this fund by 32.43%.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.84% return, outperforming this fund by 8.54% per annum.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 25.63% return, outperforming this fund by 12.06% per annum.

Sundaram Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

High Risk

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

About the fund

This fund has delivered an average annual returns of 11.16% since inception which is less than its category average return of 13.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 60.85% in Equity, 21.93% in Debt and 17.21% in Cash related instruments
AUM size ₹1505 Cr

AUM size ₹1505 Cr

This fund has AUM of ₹1505 Cr which is less than its category average of ₹ 8420 Cr
Expense Ratio 0.57%

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Sundaram Balanced Advantage Fund Direct Growth is ₹39.12 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Sundaram Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.95%
3.95%
6 Month Returns
10.79%
10.79%
1 Year Returns
23.7%
23.7%
3 Years Returns
46.46%
13.56%
5 Years Returns
78.55%
12.29%
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 June 2024
₹1505 Cr as on June 2024
HDFC Bank Ltd(7.23%), Reliance Industries Ltd(6.24%), ICICI Bank Ltd(4.88%), 7.18% Govt Stock 2033(3.59%), Infosys Ltd(3.15%) as on June 2024
Financial Services(22.5%), Cash Equivalent(16.13%), Government(14.45%) as on June 2024
AAA
97.53
S. Bharath, Ravi Gopalakrishnan, Dwijendra Srivastava are the fund managers of Sundaram Balanced Advantage Fund Direct Growth
The Exit load of Sundaram Balanced Advantage Fund Direct Growth is 1%