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2 star

Sundaram Balanced Advantage Fund


1 Lakh

Investment Grown to
₹ 1.26 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.28 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.14 -0.52 0.38 2.79 0.70 5.92 12.99 7.96 7.65 6.60 10.78
VR Balanced TRI 4.78 0.25 1.49 6.77 0.08 13.68 24.46 18.11 16.30 11.98 13.95
Hybrid: Dynamic Asset Allocation 1.51 -0.57 0.04 2.44 -0.44 6.48 15.63 11.86 9.65 8.57 11.89
Rank within category 6 10 4 10 2 13 17 17 11 9 5
Number of funds in category 28 29 29 28 26 25 24 18 12 10 6

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Balanced Advantage Fund
2 star
Dec-10 12.99 7.96 7.65 2.49% 1,619
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 15.66 13.26 11.53 1.68% 37,879
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 13.20 13.42 -- 1.77% 12,750
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 18.97 17.39 14.38 1.80% 7,048
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 14.68 13.00 10.25 1.80% 6,569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.74 03-Sep-2013 - 10-Sep-2013 -6.71 16-Mar-2020 - 23-Mar-2020
Month 14.94 07-May-2014 - 06-Jun-2014 -12.66 20-Feb-2020 - 23-Mar-2020
Quarter 21.19 21-Feb-2014 - 23-May-2014 -12.07 23-Dec-2019 - 23-Mar-2020
Year 54.03 03-Sep-2013 - 03-Sep-2014 -13.07 31-Dec-2010 - 02-Jan-2012

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.26 7.54 0.47 0.52 0.39 -1.62
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation 11.52 12.24 0.64 0.70 0.63 -0.46
Rank within category 18 1 18 14 1 15
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 112
Top 10 Holdings (%) 31.68
Top 5 Holdings (%) 19.56
Top 3 Sectors (%) 24.36
Portfolio P/B Ratio 3.45
Portfolio P/E Ratio 26.14
Avg Credit Rating AA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 1.57 1.57
new 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 1.54 1.54
new Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 1.18 1.18
new 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 0.95 0.95
new LIC Housing Fin. 361-D 14/02/2022 Commercial Paper A1+ 0.00 - 0.92 0.92
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.71 - 1.30 0.77
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.67 - 1.21 0.73
new 6.80% REC 30/06/2023 Non Convertible Debenture AAA 0.00 - 0.63 0.63
new 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 0.63 0.63
new 6.72% National Bank Agr. Rur. Devp 14/04/2023 Bonds/NCDs AAA 0.00 - 0.63 0.63
new 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 0.63 0.63
new 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 0.62 0.62
new 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 0.62 0.62
new 9.30% LIC Housing Fin. 14/09/2022 Debenture AAA 0.00 - 0.32 0.32
new 7.04% Power Finance Corporation 14/04/2023 Non Convertible Debenture AAA 0.00 - 0.32 0.32
new REC 13/12/2022 Debenture AAA 0.00 - 0.32 0.32
new 6.59% Indian Railway Finance Corporation 14/04/2023 Debenture AAA 0.00 - 0.32 0.32
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 2.17 0.31
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 1.71 0.31
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.85 0.31
equal 6.97% GOI 2026 GOI Securities SOV 0.19 - 1.58 0.19
equal 8.15% REC 2022 Non Convertible Debenture AAA 0.00 - 1.02 0.19
equal 5.27% National Bank Agr. Rur. Devp 23/07/2024 Non Convertible Debenture AAA 0.00 - 1.11 0.18
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 0.71 0.13
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 0.97 0.13

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 32.62 9.47 3.48 5.08
up ICICI Bank Financial 26.94 6.65 1.03 4.16
up Infosys Technology 37.57 4.84 0.77 3.69
up State Bank of India Financial 15.78 4.14 1.01 3.38
up HDFC Financial 23.15 9.91 1.36 3.26
up Tech Mahindra Technology 31.71 2.64 0.00 2.57
up Axis Bank Financial 22.25 3.83 0.63 2.51
up Tata Consultancy Services Technology 39.21 3.65 0.79 2.37
up Bharti Airtel Communication 138.60 3.45 0.67 2.37
new Embassy Office Parks REIT Construction -- 2.31
up Larsen & Toubro Construction 32.50 2.13 0.80 2.13
new United Spirits FMCG 79.08 1.94 0.00 1.94
up HDFC Bank Financial 23.52 5.24 1.48 1.86
new Grindwell Norton Metals 74.87 1.66 0.00 1.66
up Sona BLW Precision Forgings Automobile 209.27 1.42 0.00 1.42
up Hindustan Unilever FMCG 66.26 2.29 0.64 1.20
up Hindalco Inds. Metals 11.13 1.78 0.00 1.17
new Schaeffler India Engineering 50.57 1.08 0.00 1.08
up Bajaj Finserv Financial 68.47 1.02 0.00 1.02
up Navin Fluorine International Chemicals 79.67 1.01 0.00 1.01
up Tata Steel Metals 4.68 1.00 0.00 0.97
new Tube Investments Of India Automobile 63.64 0.95 0.00 0.95
up Page Industries Textiles 110.62 0.88 0.00 0.88
new Sun Pharmaceutical Industries Healthcare 32.54 4.83 0.00 0.80
new SBI Life Insurance Company Insurance 102.55 1.15 0.00 0.79

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Rahul Baijal since 01-Jan-2022

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.

Interviews:

Funds Managed:

— S Bharath since 01-Jan-2022

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.

Funds Managed:

— Dwijendra Srivastava since 01-Jan-2022

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.

Funds Managed:


-0.52%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 25.7390

IDCW Monthly: ₹ 14.7797


Investment Strategy

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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 16-Dec-2010
Return Since Launch: 8.89%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,619 Cr (As on 31-Dec-2021)
Expense: 2.49% (As on 30-Nov-2021)
Risk Grade: Below Average
Return Grade: Below Average
Turnover: 19.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly17-Dec-20210.0567

 17-Nov-20210.0573
 14-Oct-20210.0571
 17-Sep-20210.0567
 17-Aug-20210.0559
 16-Jul-20210.0554
 17-Jun-20210.0552
 17-May-20210.0541
 16-Apr-20210.0540
 17-Mar-20210.0538
 17-Feb-20210.0540
 15-Jan-20210.0537
 17-Dec-20200.0679
 17-Nov-20200.0669
 16-Oct-20200.0662
 17-Sep-20200.0661
 17-Aug-20200.0661
 17-Jul-20200.0653
 17-Jun-20200.0771
 15-May-20200.0748
 17-Apr-20200.0747
 17-Mar-20200.0693
 17-Feb-20200.0718
 17-Jan-20200.0722
 17-Dec-20190.0838

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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