Sundaram Balanced Advantage Fund Direct IDCW Monthly

Hybrid
Dynamic Asset Allocation
Moderately High Risk
Payout
15.00%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 06 Feb 2023₹16.51
Min. SIP amountNot Supported
Rating5
Fund size₹1,593.25Cr

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 returns4.9%15.0%10.7%11.4%
Category average2.6%9.4%7.6%NA
Rank with in category1143NA
Understand terms

Holdings (74)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity8.4%
ICICI Bank Ltd.FinancialEquity6.0%
Reliance Industries Ltd.EnergyEquity5.4%
Infosys Ltd.TechnologyEquity5.1%
Housing Development Finance Corporation Ltd.FinancialEquity3.6%
Reserve Bank of India
FinancialT-Bills3.1%
State Bank of IndiaFinancialEquity2.9%
Embassy Office Parks REITConstructionREITs2.5%
Axis Bank Ltd.FinancialEquity2.0%
Bank Of BarodaFinancialEquity1.9%
See All

Expense ratio, exit load and tax

Expense ratio: 0.59%

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Ravi Gopalakrishnan
May 2022 - Present
View details

Education
Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.
Experience
Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.
Also manages these schemes

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

Fund house & investment objective

Fund house contact details

Address
Sundaram Towers, 2nd Floor,46, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Launch Date
26 Feb 1996
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,

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