1M
6M
1Y
3Y
5Y
All
| NAV: 27 Jan 2022 | ₹27.82 |
| Min. SIP amount | NA |
| Rating | 3 |
| Fund size | ₹1,619.49Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 11.9% | 8.6% | 8.3% | 10.1% |
| Category average | 24.8% | 9.3% | 9.1% | NA |
| Rank with in category | 17 | 18 | 12 | NA |
Understand terms
Holdings (105)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reliance Industries Ltd. | Energy | Equity | 5.1% |
ICICI Bank Ltd. | Financial | Equity | 4.2% |
Infosys Ltd. | Technology | Equity | 3.7% |
State Bank of India | Financial | Equity | 3.4% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.3% |
Tech Mahindra Ltd. | Technology | Equity | 2.6% |
Axis Bank Ltd. | Financial | Equity | 2.5% |
Tata Consultancy Services Ltd. | Technology | Equity | 2.4% |
Bharti Airtel Ltd. | Communication | Equity | 2.4% |
Embassy Office Parks REIT | Construction | NA | 2.3% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.78%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Dwijendra Srivastava
Jan 2022 - Present
View details
Education
Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience
Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
Also manages these schemes
S Bharath
Jan 2022 - Present
View details
Education
Mr. Bharath is a B Com (H), MBA and ICWA.
Experience
Prior to joining Sundaram Mutual Fund he has worked with Navia Markets Ltd.
Also manages these schemes
Rahul Baijal
Jan 2022 - Present
View details
Education
Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #17 in India |
|---|---|
| Total AUM | ₹44,103.86Cr |
| Date of Incorporation | NA |
|---|
Sundaram Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available
Sundaram Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 28 Jan 2022. P V K Mohan, Bekxy Kuriakose is the Current Fund Manager of Sundaram Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹44,104 Cr and the Latest NAV as of 27 Jan 2022 is ₹27.82.
The Sundaram Balanced Advantage Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Exit load of 0.25% if redeemed within 7 days.
...Read more
Investment Objective
The scheme seeks to generate long term capital appreciation with relatively lower volatility by allocation of funds into equity assets based on Price
The scheme seeks to generate long term capital appreciation with relatively lower volatility by allocation of funds into equity assets based on Price Earning Ratio (PE Ratio) levels. When the markets become expensive in terms of 'Price to Earnings' Ratio'; the scheme will reduce its allocation to equities and move assets into debt and/or money market instruments and vice versa.
...Read more
| Fund benchmark | Groww Debt Hybrid |
|---|
Fund house contact details
Address
Sundaram Towers, 2nd Floor,46, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
NA
Website
NA
Sundaram Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Sundaram Balanced Advantage Fund Direct Growth
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FAQs
How to Invest in Sundaram Balanced Advantage Fund Direct Growth
You can easily invest in Sundaram Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Sundaram Balanced Advantage Fund Direct Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Sundaram Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Sundaram Balanced Advantage Fund Direct Growth provide?
The Sundaram Balanced Advantage Fund Direct Growth has been there from 02 Jan 2013 and the average annual returns provided by this
fund is 11.88% since its inception.
How much expense ratio is charged by Sundaram Balanced Advantage Fund Direct Growth?
The term Expense Ratio used for Sundaram Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Sundaram Balanced Advantage Fund Direct Growth is 0.78% as of 28 Jan 2022...
The Expense Ratio of Sundaram Balanced Advantage Fund Direct Growth is 0.78% as of 28 Jan 2022...
What is the AUM of Sundaram Balanced Advantage Fund Direct Growth?
The AUM, short for Assets Under Management of Sundaram Balanced Advantage Fund Direct Growth is ₹1,619.49Cr as of 28 Jan 2022.
How to Redeem Sundaram Balanced Advantage Fund Direct Growth?
If you want to sell your Sundaram Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Sundaram Balanced Advantage Fund Direct Growth?
What is the NAV of Sundaram Balanced Advantage Fund Direct Growth?
The NAV of Sundaram Balanced Advantage Fund Direct Growth is ₹27.82 as of 27 Jan 2022.
What is the PE and PB ratio of Sundaram Balanced Advantage Fund Direct Growth?
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