| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.53% |
| NAV | ₹11.71 (30 Oct 2020) |
|---|---|
| Fund Started | 05 Mar 2020 |
| Fund Size | ₹630 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.1% |
| Infosys Ltd. | Technology | Equity | 4.1% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.3% |
| HDFC Bank Ltd. | Financial | Equity | 3.1% |
| ICICI Bank Ltd. | Financial | Equity | 2.8% |
| Marico Ltd. | FMCG | Equity | 2.7% |
| Bharti Airtel Ltd. | Communication | Equity | 2.6% |
| GOI | Sovereign | GOI Sec | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.5% |
| United Spirits Ltd. | FMCG | Equity | 2.5% |
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 05 Mar 2020. S Krishnakumar is the Current Fund Manager of Sundaram Balanced Advantage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹630 Cr and the Latest NAV as of 30 Oct 2020 is ₹11.71.
The Sundaram Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
The Scheme seeks to provide accrual income and capital apprection by investing in a mix of equity, debt, REITs/InvITs and equity derivatives that are managed dynamically.