Overview
Shriram Balanced Advantage Fund Direct Growth
Shriram Mutual Fund
The scheme seeks to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments.
Investments in Shriram Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 18.4501
Fund Size (AUM)
₹60.11 Cr
Risk
Moderately High (Risk rating: 4/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
05-Jul-2019
Expense Ratio
0.701%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
10.0
History
Performance & Ratios
1-Year SIP Return
-15.5%
3-Year SIP Return
6.59%
5-Year SIP Return
8.97%
Mean Return
7.29%
Alpha
-0.32
Beta
0.82
Sharpe Ratio
0.38
Sortino Ratio
0.5
Information Ratio
-0.23
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 0.31% | 10.52% | 13.58% | 14.26% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 35 | 23 | 18 | N/A |
Holdings (35)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.96% |
| HDFC Bank Ltd. | Financial | Equity | 5.69% |
| ICICI Bank Ltd. | Financial | Equity | 5.69% |
| Bharti Airtel Ltd. | Communication | Equity | 5.49% |
| REC Ltd. | Financial | Debenture | 4.3% |
| Export-Import Bank Of India | Financial | Debenture | 3.39% |
| GOI | Sovereign | GOI Sec | 3.37% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.27% |
| Reliance Industries Ltd. | Energy | Equity | 3.22% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 3.19% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 500
Min Installments: 12
AMC Details
Asset Management Company
Shriram Mutual Fund
Shriram Mutual Fund started their mutual fund on 05/12/1994 and its managing total assets of Rs.43 Cr. Its ranked at 40 as per total assets at end of 30th Sep 2016. Shriram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
1994-12-05T00:00:00.148Z
Total AUM
₹ 895.72 Cr
Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Shriram Balanced Advantage Fund Direct Growth
Shriram Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Shriram Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Shriram Balanced Advantage Fund Direct Growth?
The top stocks held by Shriram Balanced Advantage Fund Direct Growth include National Bank For Agriculture & Rural Development, HDFC Bank Ltd., ICICI Bank Ltd..
Which industries does Shriram Balanced Advantage Fund Direct Growth invest in?
Shriram Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Communication, Sovereign.
Who are the fund managers of Shriram Balanced Advantage Fund Direct Growth?
The fund managers of Shriram Balanced Advantage Fund Direct Growth are Gargi Bhattacharyya Banerjee and Deepak Ramaraju and Sudip Suresh More.
How many years has the fund manager been managing Shriram Balanced Advantage Fund Direct Growth?
Gargi Bhattacharyya Banerjee:
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Deepak Ramaraju:
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Sudip Suresh More:
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What is the minimum investment for Shriram Balanced Advantage Fund Direct Growth?
The minimum investment for Shriram Balanced Advantage Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Shriram Balanced Advantage Fund Direct Growth?
Calculating...
What are the average 3-year returns for Shriram Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Shriram Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Shriram Balanced Advantage Fund Direct Growth is 0.701%. The average expense ratio for similar funds in the Hybrid is Calculating....