dynamic asset allocation
AUM : ₹ 1491.89 Cr
|Tenure||Fund Return||Category Average||Rank Within Category|
Fund Category: hybrid
A fund type refers to the asset allocation pattern or the investment strategy of a mutual fund. Based on the asset allocation pattern/ investment strategy Mutual funds are classified into
Each type of fund has different risks, rewards and features.
Sub Category: dynamic asset allocation
A fund sub-category is the categorization of mutual funds within a broader category based on factors like investment style. Understanding the fund sub-categories helps investors choose the right mutual funds that fit their investment objectives. For example, there are 16 sub-categories of debt mutual funds, including liquid funds, money market funds, corporate bond funds, etc.
Benchmark Index: NIFTY 50 Hybrid Composite debt 50:50 Index
The Benchmark index for a particular mutual fund is the standard against which the scheme plans to measure its performance. It indicates how much an individual’s investment should have earned, which can be used to compare the actual earnings. Ideally, a mutual fund’s target must match the benchmark performance.
The performance ratio helps you analyse and compare various mutual funds schemes. Through this ratio, you can understand which AMC or investment can offer you inflation-beating gains, risk adjustment, ideal asset allocation, etc. Performance ratios are calculated through the means of alpha, beta, standard deviation, sharpe ratio, sortino ratio, and portfolio turnover.
The Sundaram Balanced Advantage Fund ( Formerly Known As Principal Balanced Advantage Fund) - Direct Plan - Growth Option is a dynamic asset allocation.
Min. SIP Amount
Min. Lumpsum Amount
Min. Additional Amount
Hybrid STCG: Income Tax Slab Rate of Investor%Up to 36 months
Hybrid TCG: Investor’s income tax slab rate%More than 36 months
Sundaram Balanced Advantage Fund ( Formerly Known As Principal Balanced Advantage Fund) - Direct Plan - Growth Option
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.