Sundaram Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationHigh Risk
Direct
NAV (11-Sep-24)
₹11.55-0.18%1D
Returns (Since Inception)
15.51%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,310 Cr
Expense Ratio
0.17%
ISIN
INF903JA1LK9
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
29 Jan 2024
About this fund
Sundaram Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Sundaram Mutual Fund. This fund has been in existence for 7 months and 18 days, having been launched on 29-Jan-24.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹11.55, Assets Under Management (AUM) of 2310.19 Crores, and an expense ratio of 0.17%.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹11.55, Assets Under Management (AUM) of 2310.19 Crores, and an expense ratio of 0.17%.
- Sundaram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 15.51% since inception.
- The fund's asset allocation comprises around 57.65% in equities, 10.04% in debts, and 10.47% in cash & cash equivalents.
- You can start investing in Sundaram Multi Asset Allocation 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.
Since Inception
+15.51%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹1,331.78 Cr | 57.65% |
| Debt | ₹232.04 Cr | 10.04% |
| Others | ₹746.37 Cr | 32.31% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹196.47 Cr | 8.26% |
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹151.71 Cr | 6.38% |
| SBI Gold ETF | Mutual Fund - ETF | ₹145.22 Cr | 6.11% |
| HDFC Gold ETF | Mutual Fund - ETF | ₹116.39 Cr | 4.89% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹106.65 Cr | 4.48% |
| Reliance Industries Ltd | Equity | ₹102.81 Cr | 4.32% |
| Infosys Ltd | Equity | ₹91.9 Cr | 3.86% |
| Kotak Gold ETF | Mutual Fund - ETF | ₹84.68 Cr | 3.56% |
| Bharti Airtel Ltd | Equity | ₹84.17 Cr | 3.54% |
| HDFC Bank Ltd | Equity | ₹80.31 Cr | 3.38% |
| Mahindra & Mahindra Ltd | Equity | ₹79.18 Cr | 3.33% |
| Larsen & Toubro Ltd | Equity | ₹78.5 Cr | 3.30% |
| Axis Bank Ltd | Equity | ₹56.24 Cr | 2.36% |
| 7.33% Govt Stock 2026 | Bond - Gov't/Treasury | ₹55.63 Cr | 2.34% |
| Mahindra & Mahindra Limited September 2024 | Equity - Future | ₹-51.9 Cr | 2.18% |
| Tata Consultancy Services Ltd | Equity | ₹49.12 Cr | 2.07% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹43.23 Cr | 1.82% |
| ICICI Securities Ltd | Equity | ₹43 Cr | 1.81% |
| IndusInd Bank Ltd | Equity | ₹39.29 Cr | 1.65% |
| Infosys Limited September 2024 | Equity - Future | ₹-38.75 Cr | 1.63% |
| Tata Motors Ltd | Equity | ₹36.73 Cr | 1.54% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹35.66 Cr | 1.50% |
| State Bank of India | Equity | ₹32.89 Cr | 1.38% |
| ITC Ltd | Equity | ₹32.32 Cr | 1.36% |
| Shriram Finance Ltd | Equity | ₹32.01 Cr | 1.35% |
| DSP Gold ETF | Mutual Fund - ETF | ₹31.67 Cr | 1.33% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹30.74 Cr | 1.29% |
| Zomato Ltd | Equity | ₹30.54 Cr | 1.28% |
| Bajaj Finance Ltd | Equity | ₹30.16 Cr | 1.27% |
| Tech Mahindra Ltd | Equity | ₹29.76 Cr | 1.25% |
| GAIL (India) Ltd | Equity | ₹27.57 Cr | 1.16% |
| Tata Consultancy Services Limited September 2024 | Equity - Future | ₹-26.85 Cr | 1.13% |
| Cash And Other Net Current Assets^ | Cash | ₹26.62 Cr | 1.12% |
| Tata Steel Ltd | Equity | ₹26.52 Cr | 1.12% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹24.85 Cr | 1.05% |
| Alkem Laboratories Ltd | Equity | ₹24.51 Cr | 1.03% |
| Union Bank of India | Equity | ₹24.36 Cr | 1.02% |
| Coal India Ltd | Equity | ₹24.31 Cr | 1.02% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹24.04 Cr | 1.01% |
| Kalyan Jewellers India Ltd | Equity | ₹23.91 Cr | 1.01% |
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹23.38 Cr | 0.98% |
| Maruti Suzuki India Ltd | Equity | ₹22.92 Cr | 0.96% |
| Hindustan Unilever Ltd | Equity | ₹22.72 Cr | 0.96% |
| Power Finance Corp Ltd | Equity | ₹22.32 Cr | 0.94% |
| REC Ltd | Equity | ₹20.88 Cr | 0.88% |
| Hero MotoCorp Ltd | Equity | ₹20.86 Cr | 0.88% |
| Bharat Petroleum Corp Ltd | Equity | ₹20.14 Cr | 0.85% |
| Hindalco Industries Ltd | Equity | ₹20.03 Cr | 0.84% |
| Tvs Motor Company Limited September 2024 | Equity - Future | ₹-18.9 Cr | 0.79% |
| TVS Motor Co Ltd | Equity | ₹18.81 Cr | 0.79% |
| Treps | Cash - Repurchase Agreement | ₹18.25 Cr | 0.77% |
| Nestle India Ltd | Equity | ₹17.87 Cr | 0.75% |
| HCL Technologies Ltd | Equity | ₹17.72 Cr | 0.75% |
| Coromandel International Ltd | Equity | ₹16.28 Cr | 0.68% |
| Lupin Ltd | Equity | ₹15.27 Cr | 0.64% |
| UltraTech Cement Ltd | Equity | ₹15.13 Cr | 0.64% |
| Kesoram Industries Ltd | Equity | ₹13.79 Cr | 0.58% |
| Angel One Ltd Ordinary Shares | Equity | ₹13.65 Cr | 0.57% |
| Larsen And Toubro Ltd September 2024 | Equity - Future | ₹-12.36 Cr | 0.52% |
| Apollo Tyres Ltd | Equity | ₹11.6 Cr | 0.49% |
| Cummins India Ltd | Equity | ₹10.85 Cr | 0.46% |
| Bharti Airtel Limited September 2024 | Equity - Future | ₹-10.75 Cr | 0.45% |
| Hindustan Aeronautics Limited September 2024 | Equity - Future | ₹-10.59 Cr | 0.45% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹10.53 Cr | 0.44% |
| Asian Paints Ltd | Equity | ₹10.38 Cr | 0.44% |
| InterGlobe Aviation Ltd | Equity | ₹10.19 Cr | 0.43% |
| Info Edge (India) Ltd | Equity | ₹9.44 Cr | 0.40% |
| Coforge Ltd | Equity | ₹9.2 Cr | 0.39% |
| Titan Co Ltd | Equity | ₹8.12 Cr | 0.34% |
| Icici Bank Limited September 2024 | Equity - Future | ₹-7.88 Cr | 0.33% |
| ICICI Bank Ltd | Equity | ₹7.83 Cr | 0.33% |
| Axis Bank Limited September 2024 | Equity - Future | ₹-6.21 Cr | 0.26% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.1 Cr | 0.21% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.21% |
| Tata Steel Limited September 2024 | Equity - Future | ₹-3.13 Cr | 0.13% |
| NTPC Ltd | Equity | ₹2.75 Cr | 0.12% |
| Indusind Bank Limited September 2024 | Equity - Future | ₹-2.51 Cr | 0.11% |
| State Bank Of India Limited September 2024 | Equity - Future | ₹-2.16 Cr | 0.09% |
| Shriram Finance Limited September 2024 | Equity - Future | ₹-2.03 Cr | 0.09% |
| Bajaj Finance Limited September 2024 | Equity - Future | ₹-1.45 Cr | 0.06% |
| Margin Money For Derivatives | Cash - Collateral | ₹-1.25 Cr | 0.05% |
| Bharat Electronics Limited September 2024 | Equity - Future | ₹-0.86 Cr | 0.04% |
| Bharat Electronics Ltd | Equity | ₹0.85 Cr | 0.04% |
| Canara Bank September 2024 | Equity - Future | ₹-0.15 Cr | 0.01% |
| Canara Bank | Equity | ₹0.15 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.95%
Mid Cap Stocks
7.92%
Small Cap Stocks
4.93%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹450.52 Cr | 18.94% |
| Consumer Cyclical | ₹252.66 Cr | 10.62% |
| Technology | ₹197.7 Cr | 8.31% |
| Energy | ₹147.26 Cr | 6.19% |
| Communication Services | ₹136.85 Cr | 5.75% |
| Industrials | ₹110.91 Cr | 4.66% |
| Basic Materials | ₹102.13 Cr | 4.29% |
| Consumer Defensive | ₹72.92 Cr | 3.07% |
| Healthcare | ₹64.64 Cr | 2.72% |
| Utilities | ₹30.32 Cr | 1.27% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
DS
Dwijendra Srivastava
Since January 2024
SB
S. Bharath
Since January 2024
Sandeep Agarwal
Since January 2024
Rohit Seksaria
Since January 2024
AN
Arjun Nagarajan
Since January 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF903JA1LK9 | Expense Ratio | 0.17% | Exit Load | 1.00% | Fund Size | ₹2,310 Cr | Age | 29 Jan 2024 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3582.33 Cr | 25.5% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3582.33 Cr | 27.5% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹4095.21 Cr | 33.6% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹4095.21 Cr | 31.9% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 25.5% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 47.9% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3459.61 Cr | 39.6% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹48201.26 Cr | 30.0% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3524.55 Cr | 23.8% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹110.21 Cr | 16.5% |
About the AMC
Total AUM
₹65,883 Cr
Address
Sundaram Towers, Chennai, 600 014
Other Funds by Sundaram Mutual Fund
Risk Level
Your principal amount will be at High Risk
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We're here to help.
What is the current NAV of Sundaram Multi Asset Allocation Fund Direct Growth?
The NAV of Sundaram Multi Asset Allocation Fund Direct Growth, as of 11-Sep-2024, is ₹11.55.
What is the portfolio composition of Sundaram Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 57.65% in equities, 10.04% in bonds, and 10.47% in cash and cash equivalents.
Who manages the Sundaram Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Sundaram Multi Asset Allocation Fund Direct Growth are:-
- Dwijendra Srivastava
- S. Bharath
- Sandeep Agarwal
- Rohit Seksaria
- Arjun Nagarajan
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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.