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Unrated

Sundaram Balanced Advantage Fund - Regular Plan


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: 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 -- 0.54 0.93 5.43 6.30 20.47 -- -- -- -- --
VR Balanced TRI -- 0.84 1.43 8.79 10.87 36.14 -- -- -- -- --
Hybrid: Dynamic Asset Allocation -- 0.44 0.96 5.04 5.62 21.96 -- -- -- -- --
Rank within category -- 5 11 9 9 16 -- -- -- -- --
Number of funds in category 21 23 23 23 23 23 21 14 11 6 5

As on 26-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Balanced Advantage Fund - Regular Plan
Unrated
Mar-20 -- -- -- 2.53 640
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 8.57 7.39 9.30 1.74 26,123
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 11.78 6.89 10.76 2.11 2,350
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 10.75 7.62 8.57 2.09 1,747
IDFC Dynamic Equity Fund - Regular Plan
4 star
Oct-14 9.89 6.51 7.86 2.42 1,088

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.66 (26-May-2020 - 02-Jun-2020) -3.52 (16-Mar-2020 - 23-Mar-2020)
Month 6.60 (22-May-2020 - 23-Jun-2020) -3.32 (25-Aug-2020 - 24-Sep-2020)
Quarter 14.00 (18-May-2020 - 17-Aug-2020) 2.63 (31-Jul-2020 - 30-Oct-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 7.08 17.31 0.12 0.14 -- --
Hybrid: Dynamic Asset Allocation* 4.16 11.83 -0.07 -0.05 0.62 -2.13
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Holdings (%) 32.48
Top 5 Holdings (%) 19.70
Top 3 Sectors (%) 32.95
Portfolio P/B Ratio 3.48
Portfolio P/E Ratio 29.10
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 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.00 - 2.59 2.43
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.55 1.69
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 1.66 1.64
equal 6.72% National Bank Agr. Rur. Devp 14/04/2023 Bonds/NCDs AAA 0.00 - 1.66 1.63
equal 6.99% HDFC 13/02/2023 Debenture AAA 1.63 - 2.04 1.63
equal 6.80% REC 30/06/2023 Non Convertible Debenture AAA 1.62 - 2.05 1.62
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 1.59 1.58
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 1.59 1.57
new 9.30% LIC Housing Fin. 14/09/2022 Debenture AAA 0.00 - 0.84 0.84
equal REC 13/12/2022 Debenture AAA 0.82 - 1.03 0.82
equal 7.04% Power Finance Corp. 14/04/2023 Non Convertible Debenture AAA 0.82 - 1.03 0.82
equal 6.59% IRFC 14/04/2023 Debenture AAA 0.81 - 1.46 0.81
equal 7.27% Power Finance Corp. 22/12/2021 Debenture AAA 0.00 - 0.82 0.81
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 0.81 - 1.05 0.81
equal 5.77% Power Finance Corp. 2025 Debenture AAA 0.00 - 0.83 0.78

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 32.39 5.14 2.05 5.09
equal Infosys Technology 26.57 4.24 1.98 4.24
up HDFC Bank Financial 26.56 3.70 0.92 3.70
up Pidilite Industries Chemicals 88.33 4.16 3.23 3.68
down ICICI Bank Financial 23.56 3.19 2.65 2.99
equal HDFC Financial 24.92 7.51 2.49 2.70
equal Bharti Airtel Communication -- 4.56 2.33 2.67
equal Marico FMCG 43.51 2.97 2.54 2.62
equal United Spirits FMCG 223.07 3.44 2.36 2.36
down Hindustan Unilever FMCG 72.18 4.34 2.01 2.01
down Ultratech Cement Construction 23.30 2.19 1.09 2.00
down Axis Bank Financial 52.84 1.93 0.26 1.85
down Tata Consumer Products FMCG 76.58 2.33 1.63 1.78
down Dr. Reddy's Lab Healthcare 50.62 2.20 1.63 1.76
down Voltas Cons Durable 62.82 1.67 0.19 1.65
down Kotak Mahindra Bank Financial 41.33 1.74 0.15 1.64
down HCL Technologies Technology 18.75 1.73 0.81 1.32
down ICICI Prudential Life Insurance Co. Ltd. Financial 60.99 3.95 1.26 1.26
equal Tata Consultancy Services Technology 33.31 1.25 1.03 1.25
down Tech Mahindra Technology 20.80 1.53 0.25 1.21
down P&G Hygiene & Health Care FMCG 62.65 1.67 0.00 1.15
equal Bajaj Auto Automobile 21.23 1.24 1.01 1.12
down PI Industries Chemicals 58.09 1.12 0.00 1.12
down Mahindra & Mahindra Automobile -- 1.50 0.10 1.11
up HDFC Life Insurance Financial 99.51 1.04 0.76 0.97

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-Oct-2020

Fund Manager

— S Krishnakumar since 14-Feb-2020

Education: Mr. Kumar is a B. Tech from National Institute of Technology Trichy, and MBA from LIBA Chennai.

Experience: Prior to joining Sundaram BNP Paribas Mutual Fund he has worked with Anush Shares & Securities.

Interviews:

Funds Managed:

— Dwijendra Srivastava since 14-Feb-2020

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:


0.54%

Change from previous, NAV as on 26-Nov-2020

Growth: ₹ 12.2332

Dividend: ₹ 12.2328


Investment Strategy

The Scheme seeks to provide accrual income and capital apprection by investing in a mix of equity, debt, REITs/InvITs and equity derivatives that are managed dynamically.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 06-Mar-2020
Return Since Launch: 22.33%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 640 Cr (As on 31-Oct-2020)
Expense: 2.53% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: --
Turnover: 251.00%

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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