Overview
Sundaram Balanced Advantage Fund Direct Growth
Sundaram Mutual Fund
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.
Investments in Sundaram Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 39.9833
Fund Size (AUM)
₹1490.89 Cr
Risk
High (Risk rating: 5/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
02-Jan-2013
Expense Ratio
0.69%
Exit Load
For units in excess of 25% of the investment,1% will be charged for redemption within 365 days
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
8.11
History
Performance & Ratios
1-Year SIP Return
3.29%
3-Year SIP Return
12.3%
5-Year SIP Return
11.93%
Mean Return
N/A
Alpha
1.19
Beta
0.76
Sharpe Ratio
0.62
Sortino Ratio
1.13
Information Ratio
-0.02
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.96% | 12.3% | 15.92% | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 16 | 16 | 13 | N/A |
Holdings (110)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.08% |
| GOI | Sovereign | GOI Sec | 5.89% |
| ICICI Bank Ltd. | Financial | Equity | 5.43% |
| HDFC Bank Ltd. | Financial | Equity | 5.41% |
| Bharti Airtel Ltd. | Communication | Equity | 4.09% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.48% |
| Infosys Ltd. | Technology | Equity | 2.54% |
| State Bank of India | Financial | Equity | 2.28% |
| GOI | Sovereign | GOI Sec | 2.11% |
| GOI | Sovereign | GOI Sec | 2.09% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
Sundaram Mutual Fund
Sundaram Mutual Fund started their mutual fund on 26/02/1996 and its managing total assets of ₹33,150 Cr. Its ranked at 14 as per total assets at end of 30th Sep 2017. Sundaram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
This asset management company has an experience of over 20 years and is a wholly owned subsidiary of an extremely prestigious NBFC - Sundaram Finance Limited.
With a wide range of products offered under the Sundaram banner, Sundaram mutual funds have also made a mark in the financial industry. It offers a wide range of schemes, starting from equity, debt, income and liquid funds.
The fund management team boasts of an excellent research and analytical team that analyzes market conditions to optimize investor's returns.
For investors who want a regular income the main focus is on improving the credit quality of the portfolio. Sundaram was the first to launch funds in themes such as Mid-cap, Capex, Leadership, Rural India and Micro cap.
It targets to increase the value of each and every stakeholder and aspires to hold a high degree of business ethics.
Launch Date
1996-02-26T00:00:00.478Z
Total AUM
₹ 64175.83 Cr
Address
Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Phone
1860-425-7237
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Sundaram Balanced Advantage Fund Direct Growth
Sundaram Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Sundaram Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Sundaram Balanced Advantage Fund Direct Growth?
The top stocks held by Sundaram Balanced Advantage Fund Direct Growth include Reliance Industries Ltd., GOI, ICICI Bank Ltd..
Which industries does Sundaram Balanced Advantage Fund Direct Growth invest in?
Sundaram Balanced Advantage Fund Direct Growth primarily invests in the following industries: Energy, Sovereign, Financial.
Who are the fund managers of Sundaram Balanced Advantage Fund Direct Growth?
The fund managers of Sundaram Balanced Advantage Fund Direct Growth are Dwijendra Srivastava and Bharath S. and Clyton Richard Fernandes.
How many years has the fund manager been managing Sundaram Balanced Advantage Fund Direct Growth?
Dwijendra Srivastava:
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Bharath S.:
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Clyton Richard Fernandes:
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What is the minimum investment for Sundaram Balanced Advantage Fund Direct Growth?
The minimum investment for Sundaram Balanced Advantage Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Sundaram Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for Sundaram Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Sundaram Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Sundaram Balanced Advantage Fund Direct Growth is 0.69%. The average expense ratio for similar funds in the Hybrid is Calculating....