Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 18.24 as on 16-04-2024
Fund Performance
About the Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is a hybrid fund. This fund was started on 5 July, 2019. The fund is managed by Gargi Banerjee. This fund gives you the benefit of diversification.
Key Parameters
- Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹46 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Overview
 | 0.6% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹46 Cr |
 | 5 July, 2019 |
 | --/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 120% |
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Distribution as on (31-Mar-24)
Size breakup
Large cap
62.1%
Mid cap
6%
Sector Allocation
Financial Services
29.4%
Consumer Cyclical
20.6%
Energy
14.6%
Industrial
10.4%
Health
8.1%
Tech
6.4%
Consumer Defensive
3.8%
Utilities
3.4%
Communication
3.2%
Top Holdings of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option as on (31-Mar-24)
Equity Holdings36
Debt Holdings4
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 46.3 Cr as of Mar'24
- AUM increased by 0.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Fund Manager
Gargi Banerjee
Fund Manager of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option, since 5 July 2019
Top funds managed
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.46% since inception which is more than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 62.37% in Equity, 14.35% in Debt and 23.28% in Cash related instruments
AUM size ₹46 Cr
This fund has AUM of ₹46 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹18.24 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.85% | 0.85% |
6 Month Returns | 17.74% | 17.74% |
1 Year Returns | 28.6% | 28.6% |
3 Years Returns | 47.17% | 13.75% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- 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 March 2024
₹46 Cr as on March 2024
Reliance Industries Ltd(7.9%), Rural Electrification Corporation Limited(5.58%), HDFC Bank Ltd(5.13%), LIC Housing Finance Ltd(4.53%), ICICI Bank Ltd(4.32%) as on March 2024
Cash Equivalent(22.48%), Financial Services(18.36%), Consumer Cyclical(12.87%) as on March 2024
AAA | 100 |
Gargi Banerjee is the fund manager of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
The Exit load of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is 1%