Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 15.4 as on 25-09-2023
Fund Performance
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
- Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹42 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.6.
Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.6% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹42 Cr |
 | 5 July, 2019 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 120% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
37.3%
Mid cap
18.5%
Small cap
14.5%
Sector Allocation
Industrial
26.6%
Financial Services
20.3%
Health
16.4%
Consumer Cyclical
13.8%
Tech
4.6%
Consumer Defensive
4.6%
Basic Materials
4.5%
Energy
4.1%
Communication
2.6%
Utilities
2.5%
Top Holdings of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings55
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 3.8% | 66.1% | |
 ICICI Bank Ltd | 3.33% | 0% | |
 Reliance Industries Ltd | 2.91% | -1.2% | |
 REC Ltd | 2.23% | -49.6% | |
 Larsen & Toubro Ltd | 2.18% | 0% |
See all
Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 42.1 Cr as of Aug'23
- AUM decreased by 4.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Gargi Banerjee
Fund Manager of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 5 July 2019
Top funds managed
Fund 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 10.7% since inception which is more than its category average return of 10.4%
Fund Allocations
This fund has an allocation of 70.25% in Equity, 20.53% in Debt and 9.21% in Cash related instruments
AUM size ₹42 Cr
This fund has AUM of ₹42 Cr which is less than its category average of ₹ 7879 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹15.36 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Shriram Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.54% | 1.54% |
6 Month Returns | 10.33% | 10.33% |
1 Year Returns | 7.8% | 7.8% |
3 Years Returns | 41.67% | 12.31% |
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 August 2023
₹42 Cr as on August 2023
Rural Electrification Corporation Limited(10.72%), LIC Housing Finance Limited(5.21%), 6.54% Govt Stock 2032(4.6%), HDFC Bank Ltd(3.8%), ICICI Bank Ltd(3.33%) as on August 2023
Industrial(18.66%), Corporate(15.93%), Financial Services(14.28%) as on August 2023
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%