Sundaram Multi Asset Allocation Fund Direct Growth

Sundaram Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 29 January, 2024. The fund is managed by Sandeep Agarwal, Rohit Seksaria, Dwijendra Srivastava. This fund gives you the benefit of diversification.

1. Sundaram Multi Asset Allocation Fund Direct Growth has ₹2375 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
2. The fund has an expense ratio 0.6.
   

Sundaram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 14.00% since inception. Over the last 1 year the fund has given a CAGR return of 11.95%.

Sundaram Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Energy, Communication, Industrial, Basic Materials, Consumer Defensive, Health, Real Estate, Utilities.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments and Gold ETFs.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Multi Asset Allocation Fund Direct Growth has no lock in period.