Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 19.03 as on 11-06-2024

About the Fund

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl has ₹49 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.

Returns

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 13.83% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 29.54% and 13.70% respectively.

Holdings

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Industrial, Consumer Cyclical, Energy, Government, Tech, Utilities, Basic Materials, Health, Real Estate, Consumer Defensive.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The primary objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹49 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%

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 62.4%

  • Debt & Cash 37.6%

Size breakup

Large cap
57.6%
Mid cap
12%
Small cap
6.3%
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%

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

Top Holdings of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings43
Debt Holdings5

Fund Manager

Gargi Banerjee
Gargi Banerjee
Fund Manager of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 5 July 2019

Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 13.83% since inception which is more than its category average return of 12.19%
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 ₹49 Cr

AUM size ₹49 Cr

This fund has AUM of ₹49 Cr which is less than its category average of ₹ 8436 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 1.35%

Frequently Asked Questions

The current NAV of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹19.03 as on 11-Jun-2024.
Existing (Absolute + CAGR) as on 11-Jun-2024.
Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
3.29%
3.29%
6 Month Returns
14.11%
14.11%
1 Year Returns
29.54%
29.54%
3 Years Returns
46.98%
13.7%
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 May 2024
₹49 Cr as on May 2024
Rural Electrification Corporation Limited(5.14%), ICICI Bank Ltd(5.12%), LIC Housing Finance Ltd(4.35%), 6.54% Govt Stock 2032(4.07%), State Bank of India(4.03%) as on May 2024
Cash Equivalent(23.07%), Financial Services(19.59%), Corporate(10.1%) as on May 2024
AAA
100
Gargi Banerjee is the fund manager of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%