Shriram Hybrid Equity Fund Direct Growth

Shriram Hybrid Equity Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 08-11-2024

₹ 35.45

-0.2%

1D

Inception Returns

12.3%

/yr

About Shriram Hybrid Equity Fund Direct Growth

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 ₹52 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

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.

Holdings

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.

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 500.00 and for SIP is INR 500.00. Shriram Hybrid Equity Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
19 people have invested ₹ 1.1L in Shriram Hybrid Equity Fund Direct Growth in the last three months

Shriram Hybrid Equity Fund Direct Growth Overview

Expense ratio0.75%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹52 Cr
Inception Date29 November, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
45%
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 (08-Nov-24)

Period
Shriram Hybrid Equity Fund Direct Growth
Aggressive Allocation Index
1M
-5.9%
-0.4%
3M
-3%
1.2%
6M
4.5%
11%
1Y
24.7%
28.9%
3Y
11.9%
13.7%
5Y
14.1%
17%

Fund Distribution

as on (30-Sep-24)

  • Equity 66.8%

  • Debt & Cash 33.2%

Large cap
34.5%

Mid cap
28.1%

Small cap
3%

Sector Allocation

Sep'24

Aug'24

Jul'24

Consumer Cyclical
26.9%
Health
23%
Industrial
11.7%
Consumer Defensive
8.9%
Financial Services
8.7%
Tech
8.4%
Utilities
4.4%
Communication
3.9%
Energy
2.5%
Basic Materials
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 51.8 Cr
₹ 51.8 Cr
₹ 50.7 Cr
  • AUM of the fund stands at 51.8 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Government, Corporate & Tech

Sep'24
Government
29%
Consumer Cyclical
27%
Health
23%
Aug'24
Government
29%
Corporate
29%
Tech
20%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
51
58
46
Top 5 Company Concentration
13.9%
15.6%
19.1%
Company having highest exposure
Bajaj Auto Ltd (3.1%)
Reliance Industries Ltd (3.5%)
ICICI Bank Ltd (5.2%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
107.9%
109.1%
106.9%
Sector having highest exposure
Government (29.3%)
Government (29.5%)
Government (28.9%)
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Gargi Banerjee
Gargi Banerjee
Fund Manager of Shriram Hybrid Equity Fund Direct Growth, since 15 November 2016
Fund House
Shriram Asset Management Co Ltd
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 has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.23%.
Insights icon
In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 27.84% return, outperforming this fund by 13.84% per annum.
Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 38.5% return, outperforming this fund by 13.09%.
Insights icon
In the last 3 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 20.29% return, outperforming this fund by 7.96% per annum.

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 12.26% since inception which is less than its category average return of 13.25%
Fund Allocations

Fund Allocations

This fund has an allocation of 66.78% in Equity, 14.98% in Debt and 18.24% in Cash related instruments
AUM size ₹52 Cr

AUM size ₹52 Cr

This fund has AUM of ₹52 Cr which is less than its category average of ₹ 5859 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for Shriram Hybrid Equity Fund Direct Growth

The current NAV of Shriram Hybrid Equity Fund Direct Growth is ₹35.45 as on 08-Nov-2024.
Existing (Absolute + CAGR) as on 08-Nov-2024.
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%
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.
0.75% as on October 2024
₹52 Cr as on October 2024
LIC Housing Finance Ltd(6.25%), 6.54% Govt Stock 2032(5.76%), Rural Electrification Corporation Limited(5.37%), Rural Electrification Corporation Limited(3.96%), National Bank For Agriculture And Rural Development(3.85%) as on October 2024
Consumer Cyclical(17.99%), Cash Equivalent(17.85%), Health(15.36%) as on October 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%