Hybrid
Direct
Aggressive Allocation
NAV as on 08-11-2024
₹ 35.45
1D
Inception Returns
12.3%
/yr
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.
Shriram Hybrid Equity Fund Direct Growth has given a CAGR return of 12.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.75%, 11.88% and 14.06% respectively.
Shriram Hybrid Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Consumer Cyclical, Health, Corporate, Industrial, Consumer Defensive, Financial Services, Tech, Utilities, Communication, Energy, Basic Materials.
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).
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 for lump sum payment is INR 500.00 and for SIP is INR 500.00. Shriram Hybrid Equity Fund Direct Growth has no lock in period.
Expense ratio | 0.75% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹52 Cr |
Inception Date | 29 November, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 45% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (08-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Government, Corporate & Tech
Shriram Hybrid Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.95% | -5.95% |
6 Month Returns | 4.52% | 4.52% |
1 Year Returns | 24.75% | 24.75% |
3 Years Returns | 40.06% | 11.88% |
5 Years Returns | 93.02% | 14.06% |
AAA | 100 |