Shriram Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (25-Jul-24)
₹12.84-0.66%1D
Returns (Since Inception)
28.42%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹152 Cr
Expense Ratio
0.50%
ISIN
INF680P01406
Minimum SIP
₹5,000
Exit Load
1.00%
Inception Date
08 Sep 2023
About this fund
Shriram Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 10 months and 18 days, having been launched on 08-Sep-23.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.84, Assets Under Management (AUM) of 152.09 Crores, and an expense ratio of 0.5%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.84, Assets Under Management (AUM) of 152.09 Crores, and an expense ratio of 0.5%.
- Shriram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 28.42% since inception.
- The fund's asset allocation comprises around 69.73% in equities, 2.51% in debts, and 15.36% in cash & cash equivalents.
- You can start investing in Shriram Multi Asset Allocation Fund Direct Growth with a SIP of ₹5000 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.
Since Inception
+28.42%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹106.06 Cr | 69.73% |
| Debt | ₹3.82 Cr | 2.51% |
| Others | ₹42.21 Cr | 27.75% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹16.3 Cr | 10.72% |
| 182 DTB 25072024 | Bond - Gov't/Treasury | ₹12.32 Cr | 8.10% |
| Net Receivables / (Payables) | Cash | ₹9.29 Cr | 6.11% |
| ICICI Bank Ltd | Equity | ₹6.23 Cr | 4.10% |
| Reliance Industries Ltd | Equity | ₹6.22 Cr | 4.09% |
| HDFC Bank Ltd | Equity | ₹5.41 Cr | 3.56% |
| Trent Ltd | Equity | ₹4.15 Cr | 2.73% |
| Mahindra & Mahindra Ltd | Equity | ₹4.08 Cr | 2.68% |
| Bharti Airtel Ltd | Equity | ₹3.95 Cr | 2.60% |
| Jio Financial Services Ltd | Equity | ₹3.73 Cr | 2.45% |
| Zomato Ltd | Equity | ₹3.29 Cr | 2.16% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.23 Cr | 2.12% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.21 Cr | 2.11% |
| Exide Industries Ltd | Equity | ₹3.2 Cr | 2.10% |
| Siemens Ltd | Equity | ₹3.04 Cr | 2.00% |
| Hdfc Bank Ltd. | Equity - Future | ₹2.98 Cr | 1.96% |
| Tata Consultancy Services Ltd | Equity | ₹2.97 Cr | 1.95% |
| ABB India Ltd | Equity | ₹2.96 Cr | 1.95% |
| Samvardhana Motherson International Ltd | Equity | ₹2.95 Cr | 1.94% |
| Deepak Nitrite Ltd | Equity | ₹2.87 Cr | 1.89% |
| Power Grid Corp Of India Ltd | Equity | ₹2.85 Cr | 1.87% |
| Nippon India Silver ETF | Mutual Fund - ETF | ₹2.8 Cr | 1.84% |
| Tata Steel Ltd | Equity | ₹2.76 Cr | 1.81% |
| Bharat Electronics Ltd | Equity | ₹2.27 Cr | 1.50% |
| Cochin Shipyard Ltd | Equity | ₹2.25 Cr | 1.48% |
| State Bank of India | Equity | ₹2.21 Cr | 1.45% |
| Rail Vikas Nigam Ltd | Equity | ₹2.2 Cr | 1.45% |
| Axis Bank Ltd | Equity | ₹2.11 Cr | 1.38% |
| Housing & Urban Development Corp Ltd | Equity | ₹2 Cr | 1.31% |
| India (Republic of) | Bond - Short-term Government Bills | ₹1.95 Cr | 1.28% |
| JSW Infrastructure Ltd | Equity | ₹1.68 Cr | 1.11% |
| Larsen & Toubro Ltd | Equity | ₹1.63 Cr | 1.07% |
| REC Ltd | Equity | ₹1.58 Cr | 1.04% |
| Grasim Industries Ltd | Equity | ₹1.57 Cr | 1.03% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹1.55 Cr | 1.02% |
| Steel Authority Of India Ltd | Equity | ₹1.53 Cr | 1.01% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹1.5 Cr | 0.99% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹1.5 Cr | 0.98% |
| JSW Energy Ltd | Equity | ₹1.5 Cr | 0.98% |
| Vodafone Idea Ltd | Equity | ₹1.49 Cr | 0.98% |
| Bharat Petroleum Corp Ltd | Equity | ₹1.48 Cr | 0.97% |
| Carborundum Universal Ltd | Equity | ₹1.41 Cr | 0.93% |
| Bajaj Auto Ltd | Equity | ₹1.36 Cr | 0.90% |
| Nifty | Equity Index - Future | ₹-0.97 Cr | 0.63% |
| ITD Cementation India Ltd | Equity | ₹0.83 Cr | 0.54% |
| NTPC Ltd | Equity | ₹0.8 Cr | 0.52% |
| KEI Industries Ltd | Equity | ₹0.75 Cr | 0.49% |
| Infosys Ltd | Equity | ₹0.65 Cr | 0.43% |
| Zydus Lifesciences Ltd | Equity | ₹0.62 Cr | 0.41% |
| Ingersoll-Rand (India) Ltd | Equity | ₹0.59 Cr | 0.39% |
| Cipla Ltd | Equity | ₹0.56 Cr | 0.37% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹0.52 Cr | 0.34% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹0.51 Cr | 0.34% |
| Inox Wind Ltd | Equity | ₹0.44 Cr | 0.29% |
| Tata Power Co Ltd | Equity | ₹0.39 Cr | 0.25% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹0.22 Cr | 0.14% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹0.21 Cr | 0.14% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹0.21 Cr | 0.14% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹0.11 Cr | 0.07% |
| Indian Renewable Energy Development Agency Limited | Bond - Corporate Bond | ₹0.1 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.00%
Mid Cap Stocks
15.46%
Small Cap Stocks
5.96%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹24.84 Cr | 16.33% |
| Financial Services | ₹23.26 Cr | 15.30% |
| Consumer Cyclical | ₹19.03 Cr | 12.51% |
| Basic Materials | ₹8.73 Cr | 5.74% |
| Communication Services | ₹8.65 Cr | 5.69% |
| Energy | ₹7.71 Cr | 5.07% |
| Utilities | ₹5.52 Cr | 3.63% |
| Technology | ₹3.62 Cr | 2.38% |
| Healthcare | ₹2.68 Cr | 1.76% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
GB
Gargi Banerjee
Since September 2023
DR
Deepak Ramaraju
Since September 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF680P01406 | Expense Ratio | 0.50% | Exit Load | 1.00% | Fund Size | ₹152 Cr | Age | 08 Sep 2023 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 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
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 Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3404.39 Cr | 23.2% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3404.39 Cr | 25.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3601.88 Cr | 32.0% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3601.88 Cr | 30.3% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5537.39 Cr | 27.0% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2541.51 Cr | 41.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 2.0% | 1.0% | ₹2418.31 Cr | 37.2% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹43928.78 Cr | 31.0% |
| HDFC Multi - Asset Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3141.18 Cr | 22.7% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹101.71 Cr | 16.0% |
About the AMC
Total AUM
₹616 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 | 0.5% | 1.0% | ₹152.09 Cr | - |
| Shriram Flexi Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹113.94 Cr | 44.1% |
| Shriram Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹268.12 Cr | 6.8% |
| Shriram Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹52.27 Cr | 27.2% |
| Shriram Hybrid Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹49.29 Cr | 33.6% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Shriram Multi Asset Allocation Fund Direct Growth?
The NAV of Shriram Multi Asset Allocation Fund Direct Growth, as of 25-Jul-2024, is ₹12.84.
What is the portfolio composition of Shriram Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 69.73% in equities, 2.51% in bonds, and 15.36% in cash and cash equivalents.
Who manages the Shriram Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Shriram Multi Asset Allocation Fund Direct Growth are:-
- Gargi Banerjee
- Deepak Ramaraju
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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.