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
- Shriram Hybrid Equity Fund Direct Growth has ₹49 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Shriram Hybrid Equity Fund Direct Growth has given a CAGR return of 12.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.48%, 16.51% and 16.58% respectively.
Holdings
Shriram Hybrid Equity Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Consumer Cyclical, Government, Industrial, Energy, Tech, Health, Consumer Defensive, Utilities, Communication, Basic Materials.
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 benefitGains 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 Overview
| Expense ratio | 1% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
| AUM | ₹49 Cr |
| Inception Date | 29 November, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 45% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Mutual Fund Insights
Shriram Hybrid Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹49 Cr
Expense Ratio 1%
Frequently Asked Questions
Shriram Hybrid Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.59% | 2.59% |
6 Month Returns | 15.95% | 15.95% |
1 Year Returns | 33.48% | 33.48% |
3 Years Returns | 58.16% | 16.51% |
5 Years Returns | 115.36% | 16.58% |
- 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.
AAA | 100 |