Sundaram Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
High Risk
13.35%
3Y annualised
-0.70% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 Apr 2024₹36.14
Min. SIP amount₹100
Rating4
Fund size₹1,525.77Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.3%13.3%13.4%12.1%
Category average24.6%13.2%11.8%NA
Rank with in category24156NA
Understand terms

Holdings (98)

NameSectorInstrumentAssets
FinancialEquity6.34%
EnergyEquity5.87%
FinancialEquity5.02%
TechnologyEquity4.35%
SovereignGOI Sec2.65%
AutomobileEquity2.53%
ConstructionREITs2.44%
SovereignGOI Sec2.32%
ConstructionEquity2.22%
CommunicationEquity2.21%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 2.31%
Higher alpha: 2.5 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Lower expense ratio: 0.61%

Expense ratio, exit load and tax

Expense ratio: 0.61%

Inclusive of GST

Exit load

For units in excess of 25% of the investment,1% will be charged for redemption within 365 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
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

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

Fund house & investment objective

Fund house contact details

Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
E-mail
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,

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