Sundaram Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹1,544 Cr

Expense Ratio

0.55%

ISIN

INF173K01FI7

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Sundaram Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹39.23, Assets Under Management (AUM) of 1544.21 Crores, and an expense ratio of 0.55%.

Sundaram Balanced Advantage Fund Direct Growth has given a CAGR return of 11.16% since inception.
The fund's asset allocation comprises around 60.85% in equities, 21.93% in debts, and 17.21% in cash & cash equivalents.
You can start investing in Sundaram Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+22.79%

+23.53% (Cat Avg.)

3 Years

+13.45%

+12.79% (Cat Avg.)

5 Years

+12.45%

+13.60% (Cat Avg.)

10 Years

+9.78%

+10.44% (Cat Avg.)

Since Inception

+11.16%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹939.65 Cr	60.85%
Debt	₹338.68 Cr	21.93%
Others	₹265.88 Cr	17.22%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹172.78 Cr	11.19%
HDFC Bank Ltd	Equity	₹111.69 Cr	7.23%
Reliance Industries Ltd	Equity	₹96.35 Cr	6.24%
ICICI Bank Ltd	Equity	₹75.42 Cr	4.88%
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹55.47 Cr	3.59%
Infosys Ltd	Equity	₹48.62 Cr	3.15%
Sundaram Liquid Dir Gr	Mutual Fund - Open End	₹45.03 Cr	2.92%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹40.42 Cr	2.62%
Bharti Airtel Ltd	Equity	₹39.71 Cr	2.57%
Kotak Mahindra Bank Ltd	Equity	₹34.16 Cr	2.21%
Axis Bank Ltd	Equity	₹32.46 Cr	2.10%
Kalyan Jewellers India Ltd	Equity	₹32.33 Cr	2.09%
Larsen & Toubro Ltd	Equity	₹31.94 Cr	2.07%
7.23% Govt Stock 2039	Bond - Gov't/Treasury	₹30.54 Cr	1.98%
7.32% Govt Stock 2030	Bond - Gov't/Treasury	₹30.42 Cr	1.97%
State Bank of India	Equity	₹28.51 Cr	1.85%
Embassy Office Parks Reit	Bond - Asset Backed	₹28.07 Cr	1.82%
Future on HDFC Bank Ltd	Equity - Future	₹-26.75 Cr	1.73%
Future on Bank of Baroda	Equity - Future	₹-25.78 Cr	1.67%
Bank of Baroda	Equity	₹25.62 Cr	1.66%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹25 Cr	1.62%
Future on Canara Bank	Equity - Future	₹-23.06 Cr	1.49%
Canara Bank	Equity	₹22.9 Cr	1.48%
Cash And Other Net Current Assets^	Cash	₹22.2 Cr	1.44%
Shriram Finance Ltd	Equity	₹22.04 Cr	1.43%
Tube Investments of India Ltd Ordinary Shares	Equity	₹20.76 Cr	1.34%
Zydus Lifesciences Ltd	Equity	₹20.37 Cr	1.32%
Tata Consultancy Services Ltd	Equity	₹19.63 Cr	1.27%
Tata Motors Ltd Class A	Equity	₹19.47 Cr	1.26%
Future on Cipla Ltd	Equity - Future	₹-19.19 Cr	1.24%
Cipla Ltd	Equity	₹19.06 Cr	1.23%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-18.08 Cr	1.17%
Tech Mahindra Ltd	Equity	₹16.58 Cr	1.07%
NTPC Ltd	Equity	₹16.46 Cr	1.07%
Sun Pharmaceuticals Industries Ltd	Equity	₹16.19 Cr	1.05%
Future on Tata Motors Ltd	Equity - Future	₹-16.17 Cr	1.05%
Tata Motors Ltd	Equity	₹16.11 Cr	1.04%
HCL Technologies Ltd	Equity	₹16.03 Cr	1.04%
Coromandel International Ltd	Equity	₹16.01 Cr	1.04%
Bajaj Auto Ltd	Equity	₹15.9 Cr	1.03%
Tata Steel Ltd	Equity	₹15.59 Cr	1.01%
Varun Beverages Ltd	Equity	₹15.42 Cr	1.00%
LIC Housing Finance Limited	Bond - Corporate Bond	₹15.34 Cr	0.99%
IndusInd Bank Ltd	Equity	₹15.01 Cr	0.97%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹14.97 Cr	0.97%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹14.95 Cr	0.97%
UltraTech Cement Ltd	Equity	₹14.09 Cr	0.91%
Bajaj Finserv Ltd	Equity	₹12.52 Cr	0.81%
GAIL (India) Ltd	Equity	₹12.46 Cr	0.81%
Dr Reddy's Laboratories Ltd	Equity	₹12.42 Cr	0.80%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹12.36 Cr	0.80%
Grindwell Norton Ltd	Equity	₹11.8 Cr	0.76%
Margin Money For Derivatives	Cash - Collateral	₹11.76 Cr	0.76%
Future on Bajaj Finance Ltd	Equity - Future	₹-11.64 Cr	0.75%
Bajaj Finance Ltd	Equity	₹11.56 Cr	0.75%
Polycab India Ltd	Equity	₹11.49 Cr	0.74%
Treps	Cash - Repurchase Agreement	₹11.11 Cr	0.72%
Maruti Suzuki India Ltd	Equity	₹10.83 Cr	0.70%
Voltas Ltd	Equity	₹10.46 Cr	0.68%
Tata Consumer Products Ltd	Equity	₹10.38 Cr	0.67%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹10.28 Cr	0.67%
7.17% Govt Stock 2030	Bond - Gov't/Treasury	₹10.06 Cr	0.65%
HDFC Bank Limited	Bond - Corporate Bond	₹10.05 Cr	0.65%
LIC Housing Finance Limited	Bond - Corporate Bond	₹9.98 Cr	0.65%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹9.96 Cr	0.65%
Grasim Industries Ltd	Equity	₹9.92 Cr	0.64%
United Spirits Ltd	Equity	₹9.89 Cr	0.64%
POWERGRID Infrastructure Investment Trust Units	Equity	₹9.6 Cr	0.62%
Alkem Laboratories Ltd	Equity	₹8.99 Cr	0.58%
Future on Tech Mahindra Ltd	Equity - Future	₹-8.72 Cr	0.56%
ICICI Prudential Life Insurance Company Limited	Equity	₹8.6 Cr	0.56%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹8.25 Cr	0.53%
Bharat Petroleum Corp Ltd	Equity	₹8.05 Cr	0.52%
Hatsun Agro Product Ltd	Equity	₹6.68 Cr	0.43%
Future on Bharat Forge Ltd	Equity - Future	₹-6.44 Cr	0.42%
Bharat Forge Ltd	Equity	₹6.43 Cr	0.42%
Fortis Healthcare Ltd	Equity	₹6.3 Cr	0.41%
Lupin Ltd	Equity	₹6.14 Cr	0.40%
Future on IndusInd Bank Ltd	Equity - Future	₹-5.89 Cr	0.38%
ITC Ltd	Equity	₹5.63 Cr	0.36%
Craftsman Automation Ltd	Equity	₹5.38 Cr	0.35%
Apollo Tyres Ltd	Equity	₹5.28 Cr	0.34%
Tamil Nadu (Government of) 7.44%	Bond - Sub-sovereign Government Debt	₹5.04 Cr	0.33%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹5.03 Cr	0.33%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹5.02 Cr	0.33%
7.72% Govt Stock 2028	Bond - Gov't/Treasury	₹5.01 Cr	0.32%
Future on Bajaj Finserv Ltd	Equity - Future	₹-4.94 Cr	0.32%
Future on Zydus Lifesciences Ltd	Equity - Future	₹-4.87 Cr	0.32%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹4.82 Cr	0.31%
Delhivery Ltd	Equity	₹4.54 Cr	0.29%
JK Cement Ltd	Equity	₹4.19 Cr	0.27%
Union Bank of India	Equity	₹4.1 Cr	0.27%
UNO Minda Ltd	Equity	₹3.96 Cr	0.26%
Marico Ltd	Equity	₹3.68 Cr	0.24%
Indian Bank	Equity	₹3.1 Cr	0.20%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹3 Cr	0.19%
Future on Persistent Systems Ltd	Equity - Future	₹-0.85 Cr	0.05%
Persistent Systems Ltd	Equity	₹0.85 Cr	0.05%
Mahindra & Mahindra Ltd	Equity	₹0.3 Cr	0.02%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-0.3 Cr	0.02%
Vedanta Ltd Pre Sesa Sterlite Limited July 2024	Equity - Future	₹-0.11 Cr	0.01%
Vedanta Ltd	Equity	₹0.1 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

UNRATED

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹407.7 Cr	26.40%
Consumer Cyclical	₹115.99 Cr	7.51%
Technology	₹114.05 Cr	7.39%
Energy	₹104.4 Cr	6.76%
Industrials	₹90.99 Cr	5.89%
Healthcare	₹89.48 Cr	5.79%
Basic Materials	₹59.91 Cr	3.88%
Consumer Defensive	₹51.68 Cr	3.35%
Communication Services	₹39.71 Cr	2.57%
Utilities	₹28.92 Cr	1.87%

Risk & Performance Ratios

Fund Managers

Dwijendra Srivastava

Since January 2022

S. Bharath

Since January 2022

Additional Scheme Detailsas of 30th June 2024

ISIN

INF173K01FI7

Expense Ratio

0.55%

Exit Load

1.00%

Fund Size

₹1,544 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Composite Debt Index TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹1226.73 Cr	25.9%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1226.73 Cr	27.4%
Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.7%	1.0%	₹1196.62 Cr	57.3%
Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹1196.62 Cr	54.9%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	1.0%	₹2264.44 Cr	20.0%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	1.9%	1.0%	₹2264.44 Cr	18.5%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹738.59 Cr	26.1%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹738.59 Cr	28.3%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1655.04 Cr	21.5%
Mirae Asset Balanced Advantage Fund Regular Growth High Risk	2.1%	1.0%	₹1655.04 Cr	19.8%

About the AMC

Sundaram Mutual Fund

+91 44 28583362/3367

https://www.sundarammutual.com/

Total AUM

₹61,835 Cr

Address

Sundaram Towers, Chennai, 600 014

Other Funds by Sundaram Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Sundaram Multi Asset Allocation Fund Direct Growth High Risk	0.2%	1.0%	₹2252.70 Cr	-
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth Very High Risk	1.4%	0.0%	₹20.57 Cr	27.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹34.82 Cr	37.3%
Sundaram FTP IQ Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.4%	0.0%	₹13.26 Cr	28.3%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.2%	0.0%	₹86.84 Cr	36.7%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.4%	-	₹38.37 Cr	36.1%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.4%	0.0%	₹24.76 Cr	36.1%
Sundaram Long Term Tax Advantage Fund - Series VI Direct Growth Very High Risk	1.1%	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹41.11 Cr	36.5%
Sundaram Fixed Term Plan Series IM Direct Growth Moderate Risk	-	0.0%	-	-
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹42.49 Cr	37.1%
Sundaram Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2724.92 Cr	41.5%
Sundaram Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹923.54 Cr	45.2%
Sundaram Aggressive Hybrid Fund Direct Growth High Risk	0.7%	1.0%	₹4979.18 Cr	28.5%
Sundaram Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6129.61 Cr	7.4%
Sundaram Low Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹503.92 Cr	7.4%
Sundaram Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹841.07 Cr	19.6%
Sundaram Focused Fund Direct Growth Very High Risk	1.2%	0.0%	₹1110.63 Cr	31.6%
Sundaram Nifty 100 Equal Weight Fund Direct Growth Very High Risk	0.6%	0.0%	₹85.73 Cr	46.4%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹195.49 Cr	7.5%
Sundaram Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1680.99 Cr	7.6%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.6%	0.0%	₹1355.38 Cr	30.7%
Sundaram Balanced Advantage Fund Direct Growth High Risk	0.6%	1.0%	₹1544.21 Cr	22.8%
Sundaram Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3528.52 Cr	27.7%
Sundaram Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹3631.82 Cr	31.5%
Sundaram Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2152.58 Cr	28.5%
Sundaram Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹242.92 Cr	7.4%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.3%	1.0%	₹42.44 Cr	6.4%
Sundaram Infrastructure Advantage Fund Direct Growth Very High Risk	1.8%	1.0%	₹1044.07 Cr	56.1%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	1.0%	₹1386.75 Cr	29.4%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹330.47 Cr	7.3%
Sundaram large and Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6859.35 Cr	37.8%
Sundaram Global Brand Fund Direct Growth Very High Risk	1.3%	1.0%	₹114.38 Cr	12.8%
Sundaram Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹706.76 Cr	7.3%
Sundaram Debt Oriented Hybrid Fund Direct Growth Moderate Risk	1.1%	0.0%	₹26.70 Cr	11.5%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹3331.22 Cr	42.8%
Sundaram Diversified Equity Direct Growth Very High Risk	1.6%	0.0%	₹1649.12 Cr	26.2%
Sundaram Consumption Fund Direct Growth Very High Risk	1.3%	1.0%	₹1494.81 Cr	37.8%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹11820.86 Cr	55.3%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹791.97 Cr	6.8%
Sundaram Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹119.30 Cr	7.9%

Risk Level

Your principal amount will be at High Risk

Still got questions?
We're here to help.

What is the current NAV of Sundaram Balanced Advantage Fund Direct Growth?

The NAV of Sundaram Balanced Advantage Fund Direct Growth, as of 25-Jul-2024, is ₹39.23.

What are the returns of Sundaram Balanced Advantage Fund Direct Growth?

The fund has generated 22.79% over the last 1 year and 13.45% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Sundaram Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 60.85% in equities, 21.93% in bonds, and 17.21% in cash and cash equivalents.

Who manages the Sundaram Balanced Advantage Fund Direct Growth?

The fund managers responsible for Sundaram Balanced Advantage Fund Direct Growth are:-

Dwijendra Srivastava
S. Bharath

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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