Sundaram Global Advantage Fund

Sundaram Global Advantage Fund is managed by J Venkatesan. The scheme may invest a greater proportion of assets in emerging markets funds. The fund may pursue a diversified style in terms of country choice, fund selection, sector selection, stock selection, and buy/sell decisions. If you have already invested in this scheme, exit now to invest in a better performing fund. New investors can safely skip this fund.

Where does Sundaram Global Advantage Fund invest your money?

Sundaram Global Advantage Fund is a equity oriented international fund which invests your money in both foreign equity mutual funds and cash. It has 68.7% exposure to equity and 31.29% exposure to cash and cash equivalents. The investment objective of the scheme is to achieve capital appreciation by investing in units of overseas mutual funds and exchange traded funds, domestic money market instruments. Income generation may only be a secondary objective.

Suitable for what?
  • Creation of wealth
  • Lifestyle needs
  • Short Term needs 
Not suitable for what?
  • Child’s Education
  • Child’s Marriage
  • Planning for retirement
  • Home Purchase

 

How has Sundaram Global Advantage Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in Aug 2007, your value of investments would be around Rs 1.35 lakhs. If you had invested Rs 1 lakh for 5 years, your value of investments would be around Rs 1.27 lakhs. The performance has similar to other mutual funds in this category. The fund has been giving around 4.9% returns for those who have stayed invested for 5 years.

Assume you had invested Rs 10,000 every month in Sundaram Global Advantage Fund through SIP for 5 years today you would just have around Rs 8.16 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Sundaram Global Advantage Fund is 0.89%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year. 

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