Shriram Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
Shriram Flexi Cap Fund Direct Growth

About the Fund

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 ₹114 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Shriram Flexi Cap Fund Direct Growth has given a CAGR return of 17.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.45%, 21.22% and 19.81% respectively.

Holdings

Shriram Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Communication, Energy, Tech, Basic Materials, Health, Utilities, Corporate, Real Estate, Consumer Defensive, Government. Its top holdings are ICICI Bank Ltd, Bharti Airtel Ltd, Reliance Industries Ltd, Mahindra & Mahindra Ltd, Trent 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 5000.00 and for SIP is INR 1000.00. Shriram Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
34 people have invested ₹ 4.3L in Shriram Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

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Fund Overview

Expense ratio0.85%
Benchmark
S&P BSE 500 India TR INR
AUM₹114 Cr
Inception Date21 September, 2018
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
136%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.5%

  • Debt & Cash 2.5%

Large cap
42.3%
Mid cap
29.6%
Small cap
16.6%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
25.1%
Industrial
22.7%
Consumer Cyclical
11.1%
Energy
8%
Basic Materials
7.5%
Health
6.2%
Tech
5.5%
Utilities
4.6%
Consumer Defensive
4.2%
Communication
4%
Real Estate
1.1%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
3.92%
-13.8%
Bharti Airtel Ltd
Bharti Airtel Ltd
3.91%
99.5%
Reliance Industries Ltd
Reliance Industries Ltd
3.8%
-23.2%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
2.9%
-9.9%
Axis Bank Ltd
Axis Bank Ltd
2.89%
117.5%
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
44.4%
21.2%
19.8%
17.3%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
67.2%
33.4%
29%
20.5%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
65%
27.2%
-
38.9%
Quant Flexi Cap Fund Growth Option Direct Plan
Quant Flexi Cap Fund Growth Option Direct Plan
60.4%
27.1%
36%
22.3%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Garden Reach Shipbuilders & Engineers Ltd
Garden Reach Shipbuilders & Engineers Ltd
39.3%
Amara Raja Energy & Mobility Ltd
Amara Raja Energy & Mobility Ltd
12%
Samvardhana Motherson International Ltd
2.4%

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 Balanced Advantage Fund Direct Growth
14.61%
12.79%
Shriram Flexi Cap Fund Direct Growth
21.22%
18.85%
Shriram ELSS Tax Saver Fund Direct Growth
20.59%
19.51%

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 59.4% growth in AUM moving from 71.49 Cr to 113.94 Cr.
Insights icon
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 66.7% return, outperforming this fund by 22.25%.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.15%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 33.15% return, outperforming this fund by 11.93% per annum.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 36% return, outperforming this fund by 16.2% per annum.

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 17.25% since inception which is less than its category average return of 21.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.46% in Equity, 0% in Debt and 2.54% in Cash related instruments
AUM size ₹114 Cr

AUM size ₹114 Cr

This fund has AUM of ₹114 Cr which is less than its category average of ₹ 8258 Cr
Expense Ratio 0.85%

Expense Ratio 0.85%

This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions

The current NAV of Shriram Flexi Cap Fund Direct Growth is ₹25.2 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Shriram Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.49%
2.49%
6 Month Returns
17.43%
17.43%
1 Year Returns
44.45%
44.45%
3 Years Returns
78.14%
21.22%
5 Years Returns
146.83%
19.81%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.85% as on June 2024
₹114 Cr as on June 2024
ICICI Bank Ltd(3.92%), Bharti Airtel Ltd(3.91%), Reliance Industries Ltd(3.8%), Mahindra & Mahindra Ltd(2.9%), Trent Ltd(2.89%) as on June 2024
Industrial(31.01%), Consumer Cyclical(16.9%), Financial Services(13.92%) as on June 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
7.1
2.2
0.12
As on June 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 June 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
2.71
1.15
0.77
As on June 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
12.11
12.86
17.02
As on June 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 2.34 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.33 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%