July 29, 2023
mayank
Sundaram Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 31.9702
NAV IDCW Monthly: Rs 17.1059
Suitable For Which Investors?
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.
Fund’s 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.
Fund Manager:
1) Ravi Gopalakrishnan
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.
2) S Bharath
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.
3) Dwijendra Srivastava
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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 25% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Sundaram Balanced Advantage Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.63% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 1,553 Cr |
| (As on 30-Jun-2023) | |
| Expense | 0.57% |
| (As on 30-Jun-2023) | |
| Risk Grade | Low |
| Return Grade | Average |
| Turnover | 263.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Balanced Advtg Dir | 6.14 | -0.07 | 2.49 | 6.81 | 8.66 | 13.54 | 14.25 | 11.55 | 10.64 | 13.05 |
| VR Balanced TRI | 8.62 | -0.07 | 3.25 | 8.34 | 11.26 | 16.00 | 18.98 | 12.08 | 12.57 | 12.97 |
| Hybrid: Dynamic Asset Allocation | 9.16 | 0.16 | 2.77 | 7.80 | 10.72 | 14.47 | 14.80 | 10.31 | 10.08 | 12.41 |
| Rank within category | 30 | 29 | 19 | 25 | 25 | 17 | 11 | 4 | 5 | 2 |
| Number of funds in category | 30 | 32 | 32 | 32 | 30 | 28 | 23 | 17 | 12 | 6 |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Sundaram Balanced Advtg Dir | 4 star | 13.54 | 14.25 | 11.55 | 0.57 | 1,553 | 11.63 | 1.00 (365) | 10Y 6M | 263.00 |
| HDFC Balanced Advtg Dir | 4 star | 24.33 | 28.03 | 15.25 | 0.85 | 57,779 | 14.98 | 1.00 (365) | 10Y 6M | 13.39 |
| ICICI Pru Balanced Advtg Dir | 5 star | 12.85 | 15.63 | 11.49 | 0.91 | 47,662 | 12.82 | 1.00 (365) | 10Y 6M | 18.00 |
| Kotak Balanced Advtg Dir | 4 star | 13.92 | 13.49 | — | 0.49 | 14,887 | 11.41 | 1.00 (365) | 4Y 11M | 289.13 |
| Edelweiss Balanced Advtg Dir | 4 star | 15.03 | 16.74 | 12.56 | 0.49 | 9,247 | 12.60 | 1.00 (90) | 10Y 6M | 76.00 |
Portfolio Analysis of Sundaram Balanced Advantage Fund
| No. of Stocks | 71 |
| Top 10 Holdings | 34.78% |
| Top 5 Stocks | 23.21% |
| Top 3 Sectors | 32.07% |
| Portfolio P/B Ratio | 3.30 |
| Portfolio P/E Ratio | 23.85 |
| Avg Credit Rating | AAA |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,30,647 | 1,96,802 |
| Giant (%) | 65.87 | 60.40 |
| Large (%) | 19.46 | 18.57 |
| Mid (%) | 13.16 | 15.89 |
| Small (%) | 1.51 | 6.16 |
| Tiny (%) | — | 0.03 |
| Fund | Category | |
| Number of Securities | 121 | 107 |
| Macaulay Duration (yrs) | 2.08 | 2.37 |
| Average Maturity (yrs) | 2.80 | 3.43 |
| Yield to Maturity (%) | 7.32 | 7.34 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Sundaram Balanced Advantage Fund
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sundarammutual.com/Fund/AllSchemes
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