Sundaram Multi Asset Allocation Fund Direct Growth

Sundaram Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 29-10-2024

₹ 11.56

0.6%

1D

Inception Returns

15%

/yr

About 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 . This fund gives you the benefit of diversification.

Key Parameters

  1. Sundaram Multi Asset Allocation Fund Direct Growth has ₹2378 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Sundaram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 15.00% since inception.

Holdings

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

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Sundaram Multi Asset Allocation Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
794 people have invested ₹ 13.7L in Sundaram Multi Asset Allocation Fund Direct Growth in the last three months

Sundaram Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.15%
Benchmark
IISL Nifty 500 TR INR
AUM₹2378 Cr
Inception Date29 January, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
114.27%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (29-Oct-24)

Period
Sundaram Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
-4%
-
3M
0.8%
-
6M
7.4%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 57.6%

  • Debt & Cash 20.5%

Large cap
54%

Mid cap
6.9%

Small cap
5%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
28.8%
Consumer Cyclical
16.1%
Tech
12.6%
Energy
9.4%
Communication
8.7%
Industrial
7.1%
Basic Materials
6.5%
Consumer Defensive
4.7%
Health
4.1%
Utilities
1.9%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 2.4K Cr
₹ 2.4K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.4K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Government, Financial Services & Consumer Cyclical

Sep'24
Government
49%
Financial Services
29%
Consumer Cyclical
16%
Aug'24
Government
49%
Financial Services
29%
Consumer Cyclical
16%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
85
85
75
Top 5 Company Concentration
18.4%
18.4%
18.3%
Company having highest exposure
Reliance Industries Ltd (4.3%)
Reliance Industries Ltd (4.3%)
Reliance Industries Ltd (4.4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
115.6%
115.6%
124.2%
Sector having highest exposure
Government (48.7%)
Government (48.7%)
Government (57.9%)
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Fund House
Sundaram Asset Management Company Ltd
Total AUM
₹67.4K Cr
as on 30-Sep-2024
Address
Sundaram Asset Management Company Limited,Sundaram Towers,,2nd Floor, 46 Whites Road,,Royapettah,
Phone
+914428583362/3367
Website
rahulm@sundarammutual.com

Sundaram Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered returns of 15.00% since inception (29th January 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 57.59% in Equity, 10.04% in Debt and 10.47% in Cash related instruments
AUM size ₹2378 Cr

AUM size ₹2378 Cr

This fund has AUM of ₹2378 Cr which is less than its category average of ₹ 3940 Cr
Expense Ratio 0.15%

Expense Ratio 0.15%

This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions for Sundaram Multi Asset Allocation Fund Direct Growth

The current NAV of Sundaram Multi Asset Allocation Fund Direct Growth is ₹11.56 as on 29-Oct-2024.
Existing (Absolute + CAGR) as on 29-Oct-2024.
Sundaram Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.02%
-4.02%
6 Month Returns
7.45%
7.45%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.15% as on September 2024
₹2378 Cr as on September 2024
Nippon India ETF Gold BeES(6.38%), SBI Gold ETF(6.11%), HDFC Gold ETF(4.89%), 7.38% Govt Stock 2027(4.48%), Reliance Industries Ltd(4.32%) as on September 2024
Cash Equivalent(21.75%), Government(20.66%), Financial Services(16.57%) as on September 2024
AAA
100
The Exit load of Sundaram Multi Asset Allocation Fund Direct Growth is 1%