Shriram Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (22-Oct-24)
₹19.33-0.97%1D
Returns (Since Inception)
13.24%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹59 Cr
Expense Ratio
0.53%
ISIN
INF680P01208
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
05 Jul 2019
About this fund
Shriram Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 5 years, 3 months and 18 days, having been launched on 05-Jul-19.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹19.33, Assets Under Management (AUM) of 59.33 Crores, and an expense ratio of 0.53%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹19.33, Assets Under Management (AUM) of 59.33 Crores, and an expense ratio of 0.53%.
- Shriram Balanced Advantage Fund Direct Growth has given a CAGR return of 13.24% since inception.
- The fund's asset allocation comprises around 64.44% in equities, 14.53% in debts, and 21.02% in cash & cash equivalents.
- You can start investing in Shriram Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.45%
+22.65% (Cat Avg.)
3 Years
+11.92%
+11.89% (Cat Avg.)
5 Years
+13.45%
+13.58% (Cat Avg.)
Since Inception
+13.24%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹38.23 Cr | 64.44% |
| Debt | ₹8.62 Cr | 14.53% |
| Others | ₹12.48 Cr | 21.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹4.95 Cr | 8.34% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹4.16 Cr | 7.01% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.03 Cr | 6.79% |
| Nifty | Equity Index - Future | ₹-3.64 Cr | 6.13% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹2.59 Cr | 4.36% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹2.18 Cr | 3.67% |
| Bajaj Auto Ltd | Equity | ₹2.12 Cr | 3.58% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹2.01 Cr | 3.38% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.83 Cr | 3.08% |
| Trent Ltd | Equity | ₹1.78 Cr | 3.00% |
| Bharti Airtel Ltd | Equity | ₹1.62 Cr | 2.73% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1.61 Cr | 2.72% |
| Lupin Ltd | Equity | ₹1.56 Cr | 2.62% |
| Colgate-Palmolive (India) Ltd | Equity | ₹1.55 Cr | 2.61% |
| Bosch Ltd | Equity | ₹1.51 Cr | 2.54% |
| Hero MotoCorp Ltd | Equity | ₹1.31 Cr | 2.21% |
| TVS Motor Co Ltd | Equity | ₹1.31 Cr | 2.20% |
| ICICI Pru Liquid Dir Gr | Mutual Fund - Open End | ₹1.19 Cr | 2.01% |
| Cummins India Ltd | Equity | ₹1.18 Cr | 1.99% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.14 Cr | 1.92% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.13 Cr | 1.91% |
| Oil India Ltd | Equity | ₹1.07 Cr | 1.81% |
| InterGlobe Aviation Ltd | Equity | ₹1.05 Cr | 1.78% |
| Dixon Technologies (India) Ltd | Equity | ₹1.03 Cr | 1.74% |
| Aurobindo Pharma Ltd | Equity | ₹1.01 Cr | 1.70% |
| Zomato Ltd | Equity | ₹0.99 Cr | 1.67% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.98 Cr | 1.66% |
| Mahindra & Mahindra Ltd | Equity | ₹0.98 Cr | 1.65% |
| Alkem Laboratories Ltd | Equity | ₹0.97 Cr | 1.63% |
| Britannia Industries Ltd | Equity | ₹0.95 Cr | 1.60% |
| Coforge Ltd | Equity | ₹0.93 Cr | 1.58% |
| Oracle Financial Services Software Ltd | Equity | ₹0.9 Cr | 1.52% |
| Voltas Ltd | Equity | ₹0.88 Cr | 1.49% |
| Power Grid Corp Of India Ltd | Equity | ₹0.88 Cr | 1.48% |
| Ipca Laboratories Ltd | Equity | ₹0.87 Cr | 1.46% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.86 Cr | 1.46% |
| Tata Consumer Products Ltd | Equity | ₹0.86 Cr | 1.45% |
| HCL Technologies Ltd | Equity | ₹0.84 Cr | 1.42% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.84 Cr | 1.42% |
| Grasim Industries Ltd | Equity | ₹0.84 Cr | 1.41% |
| Coal India Ltd | Equity | ₹0.84 Cr | 1.41% |
| Tata Motors Ltd | Equity | ₹0.8 Cr | 1.36% |
| HDFC Asset Management Co Ltd | Equity | ₹0.77 Cr | 1.30% |
| Hero Motocorp Ltd. | Equity - Future | ₹0.6 Cr | 1.02% |
| UTI Asset Management Co Ltd | Equity | ₹0.58 Cr | 0.98% |
| BSE Ltd | Equity | ₹0.44 Cr | 0.75% |
| Persistent Systems Ltd | Equity | ₹0.34 Cr | 0.58% |
| Call Hdfcbank 31-Oct-2024 1700 | Equity - Option (Call) | ₹0.08 Cr | 0.13% |
| Call Reliance 31-Oct-2024 2900 | Equity - Option (Call) | ₹0.01 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
41.82%
Mid Cap Stocks
26.59%
Small Cap Stocks
0.98%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹10.81 Cr | 18.21% |
| Healthcare | ₹9.85 Cr | 16.59% |
| Technology | ₹4.05 Cr | 6.83% |
| Industrials | ₹3.95 Cr | 6.67% |
| Consumer Defensive | ₹3.36 Cr | 5.67% |
| Financial Services | ₹2.93 Cr | 4.94% |
| Energy | ₹2.89 Cr | 4.88% |
| Communication Services | ₹1.62 Cr | 2.73% |
| Utilities | ₹0.88 Cr | 1.48% |
| Basic Materials | ₹0.84 Cr | 1.41% |
Risk & Performance Ratios
Standard Deviation
This fund
7.57%
Cat. avg.
7.38%
Lower the better
Sharpe Ratio
This fund
0.94
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.00
Higher the better
Fund Managers
GB
Gargi Banerjee
Since July 2019
DR
Deepak Ramaraju
Since August 2022
SM
Sudip More
Since October 2024
Additional Scheme Detailsas of 30th September 2024
ISIN INF680P01208 | Expense Ratio 0.53% | Exit Load 1.00% | Fund Size ₹59 Cr | Age 5 years 3 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1316.28 Cr | 18.0% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1316.28 Cr | 19.5% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1428.30 Cr | 43.3% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1428.30 Cr | 41.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2321.90 Cr | 20.3% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2321.90 Cr | 18.8% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹903.98 Cr | 24.4% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹903.98 Cr | 26.6% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1770.05 Cr | 21.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1770.05 Cr | 19.4% |
About the AMC
Shriram Mutual Fund
Total AUM
₹752 Cr
Address
CK-6, 2nd Floor, Kolkata, 700 091
Other Funds by Shriram Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Shriram Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹175.55 Cr | 26.3% |
| Shriram Flexi Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹138.39 Cr | 36.9% |
| Shriram Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹229.06 Cr | 6.7% |
| Shriram Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹59.33 Cr | 24.4% |
| Shriram Hybrid Equity Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹52.25 Cr | 30.1% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹57.19 Cr | 35.0% |
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Shriram Balanced Advantage Fund Direct Growth?
The NAV of Shriram Balanced Advantage Fund Direct Growth, as of 22-Oct-2024, is ₹19.33.
What are the returns of Shriram Balanced Advantage Fund Direct Growth?
The fund has generated 24.45% over the last 1 year and 11.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Shriram Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 64.44% in equities, 14.53% in bonds, and 21.02% in cash and cash equivalents.
Who manages the Shriram Balanced Advantage Fund Direct Growth?
The fund managers responsible for Shriram Balanced Advantage Fund Direct Growth are:-
- Gargi Banerjee
- Deepak Ramaraju
- Sudip More
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.