HybridDynamic Asset Allocation or Balanced AdvantageRegularIDCWHigh

Sundaram Dynamic Asset Allocation Fund

Q: What is the NAV of Sundaram Dynamic Asset Allocation Fund?

As of 01 Oct 2026, the NAV of Sundaram Dynamic Asset Allocation Fund is ₹13.45 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Sundaram Dynamic Asset Allocation Fund delivered?

Sundaram Dynamic Asset Allocation Fund has returned -12.53% over 1 year, -2.34% per year over 3 years and -1.68% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund charges an expense ratio of 2.53% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund's largest holdings are ICICI Bank Ltd (7.4%), Reliance Industries Ltd (4.7%), Eternal Ltd (Previously Zomato Ltd) (4.0%), Bharti Airtel Ltd (3.7%) and HDFC Bank Ltd (3.4%). Holdings are disclosed monthly and change over time.

Q: How risky is Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 8.7% and its worst peak-to-trough fall in our sample was -21.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -1.02 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Dynamic Asset Allocation Fund's -1.02 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is benchmarked against the NIFTY 50 Hybrid Composite Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is managed by Clyton Richard Fernandes and Kumaresh Ramakrishnan at Sundaram.

Q: How is Sundaram Dynamic Asset Allocation Fund taxed?

Sundaram Dynamic Asset Allocation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Sundaram Mutual Fund · Best Balanced Advantage Mutual Funds

NAV

₹13.45

-0.73% 1D

as of 01 Oct 2026

This is the Regular plan of Sundaram Dynamic Asset Allocation Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed monthly, which is why this NAV sits below the growth plan of the same fund.

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+5.91% 3Y CAGR)

Performance

-12.03%CAGR

52-week rangePrev NAV ₹13.55

Latest ₹13.45

Low ₹13.450th percentile of its 52-week rangeHigh ₹15.71

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Hybrid funds (same plan and option) to rank against yet.

Performance—

Not enough Dynamic Asset Allocation or Balanced Advantage peers to rank yet

Risk—

Volatility 8.7% (no category average yet)

Cost—

2.5% expense (no category average yet)

ConsistencyModerate

86% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.53%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

26.08

Category —

Excess return per unit of total volatility (rf = 6.5%)

-1.02

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

W.E.F Dec 31, 2021 -Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units. For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Generally, the exit load will be calculated on First in First out (FIFO) basis.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

NIFTY 50 Hybrid Composite Debt 50:50 Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Jan 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.94%

Absolute return over the last 3 months (not annualized)

-5.58%

Absolute return over the last 6 months (not annualized)

-2.39%

Absolute return since 1 Jan of this year (not annualized)

-12.67%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-12.53%

3-year annualized return (CAGR)

-2.34%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-1.68%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

8.66%

Excess return per unit of total volatility (rf = 6.5%)

-1.02

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-1.33

Largest peak-to-trough decline over full history

-21.05%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

-8.42%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.67

How much of the fund's movement Nifty 50 TRI explains

93.3%

Excess return per unit of beta (market risk)

-12.86

Active return over the benchmark per unit of tracking error

-1.55

Annualized std dev of fund-minus-benchmark returns

5.32%

Fund's share of benchmark gains in up months (100 = matches index)

52.9%

Fund's share of benchmark losses in down months (lower is better)

87.6%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)

Period	Fund	Category avg.	Diff
1M abs	-5.94%	—	—
3M abs	-5.58%	—	—
6M abs	-2.39%	—	—
1Y CAGR	-12.53%	—	—
3Y CAGR	-2.34%	—	—
5Y CAGR	—	—	—

Category average across peers in Dynamic Asset Allocation or Balanced Advantage, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.18L

Absolute

-11.73%

XIRR

-8.37%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Sundaram Dynamic Asset Allocation Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-12.67%	-12.85%	+0.18%
2025	-3.82%	+11.97%	-15.79%
2024	+5.36%	+10.16%	-4.80%
2023	+6.53%	+21.69%	-15.16%
2022part	-2.13%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,170

Expense ratio

2.53%

Portfolio turnover

264%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

26.1

P/B ratio

5.7

Avg market cap

₹4,35,754Cr

P/E & P/B are portfolio-weighted harmonic means across 53 of 60 equity holdings (70% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dynamic Asset Allocation or Balanced Advantage

Compare all


Sundaram Dynamic Asset Allocation FundThis fund Sundaram · Regular · Monthly IDCW	—	-12.53%	-2.34%	—	—	2.53%	—
quant Dynamic Asset Allocation Fund quant · Regular · IDCW	—	-3.55%	+10.47%	—	—	3.00%	₹902.64Cr
SBI Balanced Advantage Fund SBI · Regular · IDCW	—	-0.43%	+7.98%	+8.51%	—	1.67%	₹40,549Cr
Kotak Balanced Advantage Fund Kotak Mahindra · Regular · IDCW	—	-0.75%	+7.50%	+7.20%	—	1.90%	₹16,987Cr
Bank of India Balanced Advantage Fund Bank of India · Regular · IDCW	—	+1.38%	+7.08%	+8.83%	—	2.67%	₹155.92Cr
NJ Balanced Advantage Fund NJ · Regular · IDCW	—	-2.50%	+6.07%	—	—	2.42%	₹3,413Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 97% of the equity sleeve priced.

Large cap65.5%
Mid cap17.1%
Small cap17.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity77.13%
Debt18.78%
Cash & Equivalents4.09%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Sundaram Aggressive Hybrid Fund Sundaram · Aggressive Hybrid Fund	86.6% of 72% equity	★★☆☆☆	1.16%	+8.03%
Sundaram Multi Asset Allocation Fund Sundaram · Multi Asset Allocation	85.7% of 67% equity	★★☆☆☆	0.78%	—
Sundaram Equity Savings Fund Sundaram · Equity Savings	70.9% of 79% equity	★★★☆☆	1.35%	+8.23%
Franklin India Large Cap Fund Franklin Templeton · Large Cap Fund	49.2%	★★☆☆☆	1.45%	+8.29%
Bandhan Large Cap Fund Bandhan · Large Cap Fund	47.5%	★★★☆☆	1.08%	+11.46%
Aditya Birla Sun Life Large Cap Fund Aditya Birla Sun Life · Large Cap Fund	46.8%	★★★☆☆	1.04%	+8.11%
Canara Robeco Large Cap Fund Canara Robeco · Large Cap Fund	46.5%	★★★★☆	0.63%	+8.81%
Canara Robeco Focused Fund Canara Robeco · Focused Fund	45.9%	★★★★☆	0.81%	+11.20%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 2.51% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.61%
Mtar Technologies LimitedLong-term · Stage IV0.90%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-21.1%26 Sep 2024 → 01 Oct 2026
Still below that high — 2.0 years down, and no recovery yet.
-12.0%17 Jan 2022 → 22 Jun 2022
Fell over 5 months, back to the old high on 05 Dec 2023 — 17 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Sundaram Mutual Fund is run by Sundaram Asset Management, part of the Chennai-based Sundaram Finance group, and has been in business since 1996. It absorbed Principal Mutual Fund's schemes in 2021 and has a long-standing small- and mid-cap franchise.

Launched

25 Feb 1996

Total AUM

₹76,929Cr+2.7% QoQ

Avg AUM · April - June 2026

Website

sundarammutual.com

Fund Managers

CFClyton Richard FernandesStart date not disclosed

Role

Fund Manager Fund

Experience

• 2018 - 2020 - BFSI sector analyst - Mahindra Manulife Asset Management Company Limited • 2017 - 2018 - BFSI sector analyst - Bank of Baroda Capital Markets • 2016 - 2017 - BFSI sector analyst - Systematix Shares & Stocks • 2024 - Till Date - Fund Manager in Sundaram Asset Management Company Limited • 2022 - 2024 - Investments - Kedaara Capital • 2010 - 2022 - Fund Manager - ICICI Prudential

KRKumaresh RamakrishnanStart date not disclosed

Role

Credit & Fund Manager Sr.Manager

Education

M.B.A – Finance and BE

Experience

• 2022 - 2025 - Credit Consultant - Sundaram Asset Management Company Limited • 2016 -2021 - CIO - Fixed Income - PGIM India Asset Management • 2015- Till Date - MIS, Data analysis, Client

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Top holdings

ICICI Bank Ltd Reliance Industries Ltd Eternal Ltd (Previously Zomato Ltd)Bharti Airtel Ltd HDFC Bank Ltd Kotak Mahindra Bank Ltd Larsen & Toubro Ltd Bajaj Finserv Ltd Mahindra & Mahindra Ltd One 97 Communications Ltd Embassy Office Parks (REIT)Coforge Ltd

Sundaram in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of Sundaram Dynamic Asset Allocation Fund?

As of 01 Oct 2026, the NAV of Sundaram Dynamic Asset Allocation Fund is ₹13.45 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Sundaram Dynamic Asset Allocation Fund delivered?

Sundaram Dynamic Asset Allocation Fund has returned -12.53% over 1 year, -2.34% per year over 3 years and -1.68% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund charges an expense ratio of 2.53% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund's largest holdings are ICICI Bank Ltd (7.4%), Reliance Industries Ltd (4.7%), Eternal Ltd (Previously Zomato Ltd) (4.0%), Bharti Airtel Ltd (3.7%) and HDFC Bank Ltd (3.4%). Holdings are disclosed monthly and change over time.

How risky is Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 8.7% and its worst peak-to-trough fall in our sample was -21.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -1.02 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Sundaram Dynamic Asset Allocation Fund's -1.02 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is benchmarked against the NIFTY 50 Hybrid Composite Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Who manages Sundaram Dynamic Asset Allocation Fund?

Sundaram Dynamic Asset Allocation Fund is managed by Clyton Richard Fernandes and Kumaresh Ramakrishnan at Sundaram.

How is Sundaram Dynamic Asset Allocation Fund taxed?

Sundaram Dynamic Asset Allocation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.