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4 star#

Sundaram Balanced Advantage Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.97 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
Sundaram Balanced Advantage Direct-G -3.34 1.25 1.33 -3.34 -2.77 -3.90 7.01 12.04 9.80 9.21 --
VR Balanced TRI -5.28 2.51 2.67 -4.39 -5.09 -7.16 9.25 11.41 11.76 10.43 --
Hybrid: Dynamic Asset Allocation -3.31 1.10 1.40 -3.19 -2.37 -3.97 6.95 10.48 8.60 9.02 --
Rank within category 16 9 13 17 18 15 11 6 3 5 --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 0

As on 20-May-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 - Direct Plan
4 star#
Jan-13 7.01 12.04 9.80 0.47% 1,611
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 8.65 11.56 10.57 1.00% 39,761
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 9.74 13.60 12.08 0.07% 15,636
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 6.00 11.17 -- 0.45% 13,573
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 7.94 14.49 11.94 0.46% 8,008

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.79 03-Sep-2013 - 10-Sep-2013 -6.72 16-Mar-2020 - 23-Mar-2020
Month 14.92 07-May-2014 - 06-Jun-2014 -12.55 20-Feb-2020 - 23-Mar-2020
Quarter 21.41 21-Feb-2014 - 23-May-2014 -11.77 23-Dec-2019 - 23-Mar-2020
Year 55.18 03-Sep-2013 - 03-Sep-2014 -10.73 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Sundaram Balanced Advantage Direct-G 12.87 7.04 1.33 2.51 0.34 5.72
VR Balanced TRI 14.19 17.86 0.60 0.69 -- --
Hybrid: Dynamic Asset Allocation 11.87 12.37 0.69 0.81 0.63 1.66
Rank within category 7 1 1 1 1 1
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 78
Top 10 Holdings (%) 35.07
Top 5 Holdings (%) 23.25
Top 3 Sectors (%) 28.01
Portfolio P/B Ratio 3.21
Portfolio P/E Ratio 24.21
Avg Credit Rating AAA

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
equal Reserve Bank of India 182-D 14/07/2022 Treasury Bills SOV 0.00 - 3.08 3.08
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 1.58 1.56
equal 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 1.55 1.54
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 1.36 1.36
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 0.95 0.94
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.67 - 1.00 0.91
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.64 - 1.07 0.64
equal 6.80% REC 30/06/2023 Non Convertible Debenture AAA 0.00 - 0.64 0.63
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 0.64 0.63
equal 6.72% National Bank Agr. Rur. Devp 14/04/2023 Bonds/NCDs AAA 0.00 - 0.64 0.63
equal 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 0.64 0.63
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 0.63 0.62
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 0.62 0.62
equal 5.45% LIC Housing Fin. 25/08/2023 Bonds/NCDs AAA 0.00 - 0.62 0.62
equal 9.30% LIC Housing Fin. 14/09/2022 Debenture AAA 0.00 - 0.32 0.32
equal 7.04% Power Finance Corporation 14/04/2023 Non Convertible Debenture AAA 0.00 - 0.32 0.32
equal REC 13/12/2022 Debenture AAA 0.00 - 0.32 0.31
equal 6.59% Indian Railway Finance Corporation 14/04/2023 Debenture AAA 0.00 - 0.32 0.31
equal 7.34% Housing & Urban Development Corporation 16/09/2022 Debenture AAA 0.00 - 0.31 0.31
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 1.71 0.31
equal 4.96% LIC Housing Fin. 14/09/2023 Non Convertible Debenture AAA 0.00 - 0.31 0.31
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
equal Reliance Industries Energy 29.23 9.47 3.48 6.75
up HDFC Bank Financial 19.27 5.52 1.64 5.52
equal ICICI Bank Financial 19.64 6.65 1.03 4.43
equal Infosys Technology 27.70 4.84 0.77 3.48
down Axis Bank Financial 14.64 3.83 0.63 2.74
equal Embassy Office Parks REIT Construction -- 2.73
down State Bank of India Financial 11.67 4.14 1.01 2.35
down HDFC Financial 17.68 9.91 1.36 2.08
down Bharti Airtel Communication 95.05 3.45 0.86 1.93
equal Tech Mahindra Technology 19.82 2.64 0.00 1.89
equal United Spirits Consumer Staples 67.88 1.94 0.00 1.87
up Schaeffler India Capital Goods 47.14 1.52 0.00 1.52
down Tata Consultancy Services Technology 31.45 3.65 0.79 1.50
equal Grindwell Norton Metals & Mining 66.56 1.66 0.00 1.49
equal Bank of Baroda Financial 6.55 1.33 0.00 1.33
down Kotak Mahindra Bank Financial 30.04 1.76 0.00 1.26
up Tube Investments Of India Automobile 40.97 1.24 0.00 1.24
down Larsen & Toubro Construction 26.10 2.13 0.84 1.19
down Hindalco Inds. Metals & Mining 8.17 1.78 0.00 1.15
equal Sun Pharmaceutical Industries Healthcare 34.09 4.83 0.00 1.10
equal Hindustan Unilever Consumer Staples 61.54 2.29 0.98 1.08
equal Tata Steel Metals & Mining 3.56 1.09 0.00 1.08
equal Tata Consumer Products Consumer Staples 72.70 1.02 0.00 1.02
equal Jindal Steel & Power Metals & Mining 7.87 1.01 0.00 1.01
equal Page Industries Textiles 102.77 1.00 0.00 1.00

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 30-Apr-2022

Fund Manager

— Ravi Gopalakrishnan since 16-May-2022

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.

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:


1.25%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 27.0986

IDCW Monthly: ₹ 15.9342


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 (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 100
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 25% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 11.22%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,611 Cr (As on 30-Apr-2022)
Expense: 0.47% (As on 31-Mar-2022)
Risk Grade: Low
Return Grade: Average
Turnover: 390.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly24-Mar-20220.2900

 17-Dec-20210.0658
 17-Nov-20210.0663
 14-Oct-20210.0659
 17-Sep-20210.0654
 17-Aug-20210.0644
 16-Jul-20210.0637
 17-Jun-20210.0634
 17-May-20210.0621
 16-Apr-20210.0619
 17-Mar-20210.0616
 17-Feb-20210.0617
 15-Jan-20210.0613
 17-Dec-20200.0774
 17-Nov-20200.0762
 16-Oct-20200.0753
 17-Sep-20200.0750
 17-Aug-20200.0750
 17-Jul-20200.0740
 17-Jun-20200.0873
 15-May-20200.0845
 17-Apr-20200.0844
 17-Mar-20200.0782
 17-Feb-20200.0809
 17-Jan-20200.0813

Contact Information

AMC: Sundaram Asset Management Company Ltd

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

Phone: 1860-425-7237

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies 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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