Shriram Hybrid Equity Fund Direct Growth

Hybrid
Direct
Aggressive Allocation
Shriram Hybrid Equity Fund Direct Growth

About the Fund

Shriram Hybrid Equity Fund Direct Growth is a hybrid fund. This fund was started on 29 November, 2013. The fund is managed by Gargi Banerjee. This fund gives you the benefit of diversification.

Key Parameters

  1. Shriram Hybrid Equity Fund Direct Growth has ₹48 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Shriram Hybrid Equity Fund Direct Growth has given a CAGR return of 12.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.73%, 16.33% and 15.40% respectively.

Holdings

Shriram Hybrid Equity Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Cash Equivalent, Industrial, Government, Consumer Cyclical, Energy, Tech, Utilities, Basic Materials, Health, Consumer Defensive.

Taxation

As it is a aggressive 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 Hybrid Equity Fund Direct Growth

The investment objective of the scheme would be to generate long-term capital appreciation and current income with reduced volatility by investing in a judicious mix of a diversified portfolio of Equity and Equity-related investments, debt and money-market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Shriram Hybrid Equity Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
8 people have invested ₹ 32.8K in Shriram Hybrid Equity Fund Direct Growth in the last three months

Fund Overview

Expense ratio1%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹48 Cr
Inception Date29 November, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
45%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 66.5%

  • Debt & Cash 33.5%

Large cap
52.4%

Mid cap
12.6%

Small cap
4.6%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
30%
Industrial
25.9%
Consumer Cyclical
14.2%
Energy
12.8%
Tech
6.5%
Utilities
4.1%
Basic Materials
2.9%
Health
2.1%
Consumer Defensive
1.5%
All changes are between Oct'69 and Dec'69

Gargi Banerjee
Gargi Banerjee
Fund Manager of Shriram Hybrid Equity Fund Direct Growth, since 15 November 2016

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 1% which is lower than the category average expense ratio of 1.25%.
Insights icon
In the last 3 years, ICICI Prudential Equity & Debt Fund Direct Plan Growth has given 25.01% return, outperforming this fund by 8.68% per annum.
Insights icon
In the last 5 years, Quant Absolute Fund Growth Option Direct Plan has given 27.1% return, outperforming this fund by 11.7% per annum.
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In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 53.12% return, outperforming this fund by 17.39%.

Shriram Hybrid Equity 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 12.91% since inception which is less than its category average return of 13.18%
Fund Allocations

Fund Allocations

This fund has an allocation of 66.5% in Equity, 23.95% in Debt and 9.54% 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 ₹ 5191 Cr
Expense Ratio 1%

Expense Ratio 1%

This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of Shriram Hybrid Equity Fund Direct Growth is ₹35.78 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Shriram Hybrid Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.91%
3.91%
6 Month Returns
15.97%
15.97%
1 Year Returns
35.73%
35.73%
3 Years Returns
57.42%
16.33%
5 Years Returns
104.69%
15.4%
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.
1% as on May 2024
₹48 Cr as on May 2024
LIC Housing Finance Ltd(6.68%), 6.54% Govt Stock 2032(6.25%), Rural Electrification Corporation Limited(5.7%), Reliance Industries Ltd(5.09%), ICICI Bank Ltd(5.06%) as on May 2024
Financial Services(19.96%), Corporate(18.03%), Industrial(17.24%) as on May 2024
AAA
100
Gargi Banerjee is the fund manager of Shriram Hybrid Equity Fund Direct Growth
The Exit load of Shriram Hybrid Equity Fund Direct Growth is 1%