Shriram Balanced Advantage Fund Direct Growth
Shriram Balanced Advantage Fund Direct Growth

Shriram Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 14.6 as on 28-11-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
1.9%
2.8%
8.5%
6.1%
11.3%
Benchmark
1.9%
2.9%
9.7%
5.2%
11.3%
About the Fund

Shriram Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on  5 July, 2019. The fund is managed by Gargi Banerjee, Deepak Ramaraju. This fund gives you the benefit of diversification.

Key parameters

1) Shriram Balanced Advantage Fund Direct Growth has a NAV of 14.5629 as on 28-11-2022.

2) Shriram Balanced Advantage Fund Direct Growth has 52 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.6 %.

Fund Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹52 Cr
Inception Date
Inception Date
5 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
120%

Fund Distribution

  • Equity 81.6%
  • Debt & Cash 18.4%
Size breakup
Large cap
69%
Mid cap
7.4%
Small cap
5.2%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

38.4%

Industrial

14.1%

Tech

12.1%

Energy

8.7%

Consumer Defensive

7.3%

Basic Materials

6.6%

Consumer Cyclical

5.2%

Communication

3.8%

Health

3.4%

Utilities

0.2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings42
Equity Holdings39
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
7.21%
-8.6%
icon
Reliance Industries Ltd
7.11%
-6%
icon
Infosys Ltd
5.42%
-4.2%
icon
Cash,cash Equivalents And Net Current Assets
4.77%
0%
icon
State Bank of India
4.52%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.8 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 51.7 Cr
Sep'22
₹ 49.9 Cr
Aug'22
₹ 51.6 Cr

Fund Returns vs Benchmark

Oct'22
4.55%
5.19%
Sep'22
-3.24%
-1.39%
Aug'22
2.91%
2.56%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
42
36
59
Top 5 Company Concentration
28.7%
30.1%
21.7%
Company having highest exposure
ICICI Bank Ltd (7.2%)
ICICI Bank Ltd (7.8%)
HDFC Bank Ltd (5.1%)
No of Sectors
13
12
13
Top 5 Sectors Concentration
70.6%
69.9%
65.7%
Sector having highest exposure
Financial Services (31.3%)
Financial Services (33.2%)
Financial Services (20.9%)

Fund Manager

Gargi Banerjee

Gargi Banerjee

Managing this fund since 5 July 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Shriram Flexi Cap Fund Direct Growth
14.4%
16.77%
Shriram Hybrid Equity Fund Direct Growth
12.04%
14.63%
Shriram Balanced Advantage Fund Direct Growth
11.35%
11.34%
Deepak Ramaraju

Deepak Ramaraju

Managing this fund since 20 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Shriram Flexi Cap Fund Direct Growth
14.4%
16.77%
Shriram Hybrid Equity Fund Direct Growth
12.04%
14.63%
Shriram Balanced Advantage Fund Direct Growth
11.35%
11.34%

AMC details

Address
Shriram Asset Management Co. Ltd.,CK-6, 2nd Floor,,Sector II, Salt Lake City,
Phone
+913323373012
Fund House
Shriram Asset Management Co Ltd

Fund Highlights

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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.56% since inception which is more than its category average return of 9.46%
Fund Allocations

Fund Allocations

This fund has an allocation of 81.59% in Equity, 7.67% in Debt and 10.73% in Cash related instruments
AUM size ₹52 Cr

AUM size ₹52 Cr

This fund has AUM of ₹52 Cr which is less than its category average of ₹ 7645 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Shriram Balanced Advantage Fund Direct Growth is 14.49.
Existing (Absolute + CAGR)
Shriram Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.92%
1.92%
6 Month Returns
8.5%
8.5%
1 Year Returns
6.06%
6.06%
3 Years Returns
38.05%
11.35%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.6 as on October 2022
52 Cr as on October 2022
ICICI Bank Ltd(7.21%),Reliance Industries Ltd(7.11%),Infosys Ltd(5.42%),State Bank of India(4.52%),Axis Bank Ltd(4.43%) as on October 2022
Financial Services(31.32%),Industrial(11.52%),Cash Equivalent(10.73%) as on October 2022
AAA
100
Gargi Banerjee,Deepak Ramaraju are the fund managers of Shriram Balanced Advantage Fund Direct Growth
The Exit load of Shriram Balanced Advantage Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.