Shriram Flexi Cap Fund Direct Growth

Shriram Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 21-10-2024

₹ 25.23

▲0.6%

1D

Inception Returns

16.6%

/yr

About Shriram Flexi Cap Fund Direct Growth

Shriram Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 21 September, 2018. The fund is managed by Gargi Banerjee. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Shriram Flexi Cap Fund Direct Growth has ₹138 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Shriram Flexi Cap Fund Direct Growth has given a CAGR return of 16.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.88%, 15.59% and 18.69% respectively.

Holdings

Shriram Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Consumer Cyclical, Industrial, Tech, Financial Services, Consumer Defensive, Basic Materials, Corporate, Utilities, Communication, Energy, Government. Its top holdings are Sun Pharmaceuticals Industries Ltd, Trent Ltd, Bajaj Auto Ltd, Bharti Airtel Ltd, Oracle Financial Services Software Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Shriram Flexi Cap Fund Direct Growth

The primary investment objective of the scheme is to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors. 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 500.00 and for SIP is INR 500.00. Shriram Flexi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
51 people have invested ₹ 6.9L in Shriram Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank for Shriram Flexi Cap Fund Direct Growth

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Shriram Flexi Cap Fund Direct Growth Overview

Expense ratio0.7%
Benchmark
S&P BSE 500 India TR INR
AUM₹138 Cr
Inception Date21 September, 2018
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
136%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Oct-24)

Period
Shriram Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
-1%
-3.8%
-1.5%
3M
-1.4%
1.8%
2.8%
6M
14.6%
14.1%
18.6%
1Y
40.9%
35.2%
39.1%
3Y
15.6%
14.5%
15.9%
5Y
18.7%
19.7%
20.6%

Fund Distribution

as on (30-Sep-24)

  • Equity 97%

  • Debt & Cash 3%

Mid cap
38.6%
Large cap
30%
Small cap
27.3%
Sector Allocation

Sep'24

Aug'24

Jul'24

Health
21.3%
Consumer Cyclical
19.3%
Industrial
17%
Tech
14.2%
Financial Services
10.9%
Consumer Defensive
5.2%
Basic Materials
3.8%
Utilities
3.4%
Communication
3.1%
Energy
1.8%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
0.06%
-0.38%
3.58%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 0.06% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund underperformed Nifty 500 by 1.98% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 138.4 Cr
₹ 132.4 Cr
₹ 126.3 Cr
  • AUM of the fund stands at 138.4 Cr as of Sep'24
  • AUM increased by 6 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Bajaj Auto Ltd's allocation increased from 1.02% to 3.07%
Bajaj Auto Ltd's allocation increased from 1.02% to 3.07%
Torrent Power Ltd's allocation increased from 0.9% to 1.78%
Torrent Power Ltd's allocation increased from 0.9% to 1.78%
Colgate-Palmolive (India) Ltd's allocation increased from 1.94% to 2.71%
Colgate-Palmolive (India) Ltd's allocation increased from 1.94% to 2.71%
Top Stocks sold last month
Oracle Financial Services Software Ltd's allocation decreased from 2.94 % to 2.93 %
Oracle Financial Services Software Ltd's allocation decreased from 2.94 % to 2.93 %
Dixon Technologies (India) Ltd's allocation decreased from 2.19 % to 2 %
Dixon Technologies (India) Ltd's allocation decreased from 2.19 % to 2 %
Zomato Ltd's allocation decreased from 3.53 % to 1.92 %
Zomato Ltd's allocation decreased from 3.53 % to 1.92 %
Mid Cap allocation has gone up from 28.2% to 38.6%
Mid Cap allocation has gone up from 28.2% to 38.6%
Large Cap allocation has gone down from 33.3% to 30%
Large Cap allocation has gone down from 33.3% to 30%
Small Cap allocation has gone up from 24.3% to 27.3%
Small Cap allocation has gone up from 24.3% to 27.3%
Cash allocation has gone up from 0.6% to 3%
Cash allocation has gone up from 0.6% to 3%

Top 3 Sectors in September were Industrial, Tech & Financial Services

Sep'24
Health
21%
Consumer Cyclical
19%
Industrial
17%
Aug'24
Industrial
20%
Tech
19%
Financial Services
16%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Sun Pharmaceuticals Industries Ltd
Sun Pharmaceuticals Industries Ltd
3.19%
100%
Trent Ltd
Trent Ltd
3.17%
100%
Bajaj Auto Ltd
Bajaj Auto Ltd
3.07%
177.7%
Bharti Airtel Ltd
Bharti Airtel Ltd
3.02%
8%
Oracle Financial Services Software Ltd
Oracle Financial Services Software Ltd
2.93%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Shriram Flexi Cap Fund Direct Growth
Shriram Flexi Cap Fund Direct Growth
40.88%
15.59%
18.69%
16.64%
Motilal Oswal Flexicap Fund Direct Plan Growth
Motilal Oswal Flexicap Fund Direct Plan Growth
59.72%
20.38%
19.52%
20.19%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
55.37%
27.43%
26.59%
20.11%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
54.53%
22.96%
-
37.07%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
BSE Ltd
BSE Ltd
15.2%
Blue Star Ltd
Blue Star Ltd
8.3%
Bosch Ltd
Bosch Ltd
6.9%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
71
75
72
Top 5 Company Concentration
15.4%
18.3%
16.3%
Company having highest exposure
Sun Pharmaceuticals Industries Ltd (3.2%)
Reliance Industries Ltd. (4.8%)
Reliance Industries Ltd (5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
82.6%
76.4%
76.4%
Sector having highest exposure
Health (21.3%)
Industrial (20.3%)
Industrial (27%)
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Gargi Banerjee
Gargi Banerjee
Fund Manager of Shriram Flexi Cap Fund Direct Growth, since 21 September 2018
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Shriram Flexi Cap Fund Direct Growth
15.59%
15.9%
Shriram Balanced Advantage Fund Direct Growth
11.94%
11.95%
Shriram ELSS Tax Saver Fund Direct Growth
14.85%
16.12%
Fund House
Shriram Asset Management Co Ltd
Total Schemes
6
See all Shriram schemes
Total AUM
₹751.66 Cr
as on 30-Sep-2024
Address
Shriram Asset Management Co. Ltd.,CK-6, 2nd Floor,,Sector II, Salt Lake City,
Phone
+913323373012
Website
info@shriramamc.com

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.7% which is lower than the category average expense ratio of 1.15%.
Insights icon
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.51% return, outperforming this fund by 16.83% per annum.
Insights icon
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 26.61% return, outperforming this fund by 11.02% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 65.7% growth in AUM moving from 83.51 Cr to 138.39 Cr.
Insights icon
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 59.72% return, outperforming this fund by 18.83%.

Shriram Flexi Cap Fund Direct Growth 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 16.64% since inception which is less than its category average return of 21.23%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.04% in Equity, 0% in Debt and 2.96% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 9126 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for Shriram Flexi Cap Fund Direct Growth

The current NAV of Shriram Flexi Cap Fund Direct Growth is ₹25.23 as on 21-Oct-2024.
Existing (Absolute + CAGR) as on 21-Oct-2024.
Shriram Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.99%
-0.99%
6 Month Returns
14.64%
14.64%
1 Year Returns
40.88%
40.88%
3 Years Returns
54.45%
15.59%
5 Years Returns
135.53%
18.69%
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0.7% as on September 2024
₹138 Cr as on September 2024
Sun Pharmaceuticals Industries Ltd(3.19%), Trent Ltd(3.17%), Bajaj Auto Ltd(3.07%), Bharti Airtel Ltd(3.02%), Oracle Financial Services Software Ltd(2.93%) as on September 2024
Health(20.63%), Consumer Cyclical(18.71%), Industrial(16.5%) as on September 2024
The alpha ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Shriram Flexi Cap Fund Direct Growth
1.83
0.91
-0.43
As on September 2024
The alpha for Shriram Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Shriram Flexi Cap Fund Direct Growth
0.96
0.92
0.86
As on September 2024
The Beta for Shriram Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Shriram Flexi Cap Fund Direct Growth
2.42
0.95
0.85
As on September 2024
The sharpe ratio for Shriram Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Shriram Flexi Cap Fund Direct Growth
12.31
12.71
16.59
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.89 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Gargi Banerjee is the fund manager of Shriram Flexi Cap Fund Direct Growth
The Exit load of Shriram Flexi Cap Fund Direct Growth is 1%