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Fund Overview

Fund Size

Fund Size

₹46 Cr

Expense Ratio

Expense Ratio

0.60%

ISIN

ISIN

INF680P01208

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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 4 years, 9 months and 10 days, having been launched on 05-Jul-19.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹18.53, Assets Under Management (AUM) of 46.26 Crores, and an expense ratio of 0.6%.
  • Shriram Balanced Advantage Fund Direct Growth has given a CAGR return of 13.80% since inception.
  • The fund's asset allocation comprises around 62.37% in equities, 14.35% in debts, and 23.28% in cash & cash equivalents.
  • You can start investing in Shriram Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

+29.69%

+23.54%(Cat. Avg.)

3 Years

+14.42%

+13.07%(Cat. Avg.)

Since Inception

+13.80%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity28.85 Cr62.37%
Debt6.64 Cr14.35%
Others10.77 Cr23.28%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement6.37 Cr13.77%
Reliance Industries LtdEquity3.65 Cr7.90%
Net Receivables / (Payables)Cash3.25 Cr7.03%
Rural Electrification Corporation LimitedBond - Corporate Bond2.58 Cr5.58%
HDFC Bank LtdEquity2.37 Cr5.13%
NiftyEquity Index - Future-2.25 Cr4.86%
LIC Housing Finance LtdBond - Corporate Bond2.1 Cr4.53%
ICICI Bank LtdEquity2 Cr4.32%
6.54% Govt Stock 2032Bond - Gov't/Treasury1.96 Cr4.24%
Larsen & Toubro LtdEquity1.41 Cr3.04%
Tata Motors Ltd Class AEquity1.34 Cr2.90%
Tata Consultancy Services LtdEquity1.2 Cr2.60%
Jio Financial Services LtdEquity1.17 Cr2.53%
ICICI Pru Liquid Dir GrMutual Fund - Open End1.15 Cr2.48%
Maruti Suzuki India LtdEquity1.1 Cr2.38%
Bajaj Auto LtdEquity1.01 Cr2.18%
Bharti Airtel LtdEquity1 Cr2.15%
Sun Pharmaceuticals Industries LtdEquity0.94 Cr2.04%
State Bank of IndiaEquity0.91 Cr1.96%
Trent LtdEquity0.89 Cr1.93%
Canara BankEquity0.88 Cr1.90%
Axis Bank LtdEquity0.84 Cr1.82%
Infosys LtdEquity0.83 Cr1.78%
Hindustan Aeronautics Ltd Ordinary SharesEquity0.75 Cr1.62%
TVS Motor Co LtdEquity0.73 Cr1.58%
Tata Consumer Products LtdEquity0.7 Cr1.51%
Cipla LtdEquity0.69 Cr1.50%
SBI Life Insurance Company LimitedEquity0.66 Cr1.43%
Power Grid Corp Of India LtdEquity0.65 Cr1.40%
MRF LtdEquity0.63 Cr1.36%
Oil & Natural Gas Corp LtdEquity0.63 Cr1.35%
Mahindra & Mahindra LtdEquity0.54 Cr1.16%
Colgate-Palmolive (India) LtdEquity0.49 Cr1.06%
Adani Ports & Special Economic Zone LtdEquity0.48 Cr1.03%
Torrent Pharmaceuticals LtdEquity0.46 Cr1.00%
Lupin LtdEquity0.46 Cr0.99%
HDFC Asset Management Co LtdEquity0.44 Cr0.95%
Nifty BankEquity Index - Future-0.43 Cr0.92%
NTPC LtdEquity0.43 Cr0.92%
Bharat Dynamics Ltd Ordinary SharesEquity0.42 Cr0.91%
Oil India LtdEquity0.33 Cr0.71%
Titan Co LtdEquity0.24 Cr0.52%
Bharat Electronics LtdEquity0.23 Cr0.51%
Zomato LtdEquity0.03 Cr0.07%
Call Reliance Indus Ltd 25/04/2024 2900Equity - Option (Call)0.02 Cr0.04%
Put Nifty 04-Apr-2024 22300Equity Index - Option (Put)0.01 Cr0.02%
Call Reliance Indus Ltd 25/04/2024 3000Equity - Option (Call)-0.01 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.14%

Mid Cap Stocks

5.97%

Small Cap Stocks

--

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services9.27 Cr20.05%
Consumer Cyclical6.5 Cr14.06%
Energy4.61 Cr9.96%
Industrials3.29 Cr7.10%
Healthcare2.55 Cr5.52%
Technology2.03 Cr4.38%
Consumer Defensive1.19 Cr2.56%
Utilities1.07 Cr2.32%
Communication Services1 Cr2.15%

Risk & Performance Ratios

Standard Deviation

This fund

7.86%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

1.06

Cat. avg.

0.90

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.79

Higher the better

Fund Managers

GB

Gargi Banerjee

Since July 2019

DR

Deepak Ramaraju

Since August 2022

Additional Scheme Detailsas of 31st March 2024

ISININF680P01208Expense Ratio0.60%Exit Load1.00%Fund Size₹46 CrAge05 Jul 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1245.53 Cr32.5%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1245.53 Cr34.1%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹776.49 Cr-
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹776.49 Cr-
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2220.47 Cr21.7%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2220.47 Cr20.1%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹702.76 Cr30.4%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹702.76 Cr32.7%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1518.44 Cr23.9%
Mirae Asset Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1518.44 Cr22.2%

About the AMC

Total AUM

₹445 Cr

Address

CK-6, 2nd Floor, Kolkata, 700 091

Other Funds by Shriram Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹123.00 Cr-
Shriram Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹83.51 Cr42.4%
Shriram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹103.93 Cr6.8%
Shriram Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹46.26 Cr29.7%
Shriram Hybrid Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹45.62 Cr33.3%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.16 Cr40.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Shriram Balanced Advantage Fund Direct Growth, as of 12-Apr-2024, is ₹18.53.
The fund has generated 29.69% over the last 1 year and 14.42% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 62.37% in equities, 14.35% in bonds, and 23.28% in cash and cash equivalents.
The fund managers responsible for Shriram Balanced Advantage Fund Direct Growth are:-
  1. Gargi Banerjee
  2. Deepak Ramaraju