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

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 18.91 as on 21-05-2024

About the Fund

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

  1. Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹48 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance

Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹48 Cr
Inception Date
Inception Date
5 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
120%

Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Distribution as on (30-Apr-24)

  • Equity 62.4%

  • Debt & Cash 37.6%

Size breakup

Large cap
54.5%
Mid cap
7.1%
Small cap
5.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
31.4%
Industrial
15.6%
Consumer Cyclical
14.6%
Energy
14.4%
Tech
7.5%
Utilities
5.3%
Basic Materials
5.2%
Health
2.4%
Real Estate
2.1%
Consumer Defensive
1.6%

Top Holdings of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings39
Debt Holdings4

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 48.3 Cr
₹ 46.3 Cr
₹ 45.5 Cr
  • AUM of the fund stands at 48.3 Cr as of Apr'24
  • AUM increased by 2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Gargi Banerjee
Gargi Banerjee
Fund Manager of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option, since 5 July 2019

Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option Highlights

Risk meter
pointer

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 13.93% since inception which is more than its category average return of 11.89%
Fund Allocations

Fund Allocations

This fund has an allocation of 62.36% in Equity, 13.77% in Debt and 23.86% in Cash related instruments
AUM size ₹48 Cr

AUM size ₹48 Cr

This fund has AUM of ₹48 Cr which is less than its category average of ₹ 8333 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 1.36%

Frequently Asked Questions

The current NAV of Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹18.91 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
Shriram Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
3.27%
3.27%
6 Month Returns
18.96%
18.96%
1 Year Returns
31.88%
31.88%
3 Years Returns
50.41%
14.57%
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 April 2024
₹48 Cr as on April 2024
Reliance Industries Ltd(6.65%), ICICI Bank Ltd(6.16%), Rural Electrification Corporation Limited(5.35%), HDFC Bank Ltd(4.9%), Larsen & Toubro Ltd(4.51%) as on April 2024
Cash Equivalent(23.07%), Financial Services(19.59%), Corporate(10.1%) as on April 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%