Shriram Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 12.47 as on 29-04-2024
Fund Performance
64 people have invested ₹ 2.4L in Shriram Multi Asset Allocation Fund Direct Growth in the last three months
About the Shriram Multi Asset Allocation Fund Direct Growth
Shriram Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 8 September, 2023. The fund is managed by Gargi Banerjee. This fund gives you the benefit of diversification.
Key Parameters
- Shriram Multi Asset Allocation Fund Direct Growth has ₹127 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Overview
 | 0.35% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹127 Cr |
 | 8 September, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Shriram Multi Asset Allocation Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
56.7%
Mid cap
7.5%
Small cap
1.5%
Sector Allocation
Financial Services
27.8%
Consumer Cyclical
19.7%
Industrial
15.1%
Energy
14.8%
Tech
10.3%
Health
4.3%
Utilities
3.6%
Consumer Defensive
2.6%
Communication
1.1%
Real Estate
0.7%
Basic Materials
0%
Top Holdings of Shriram Multi Asset Allocation Fund Direct Growth as on (31-Mar-24)
Equity Holdings42
Debt Holdings8
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 123 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Gargi Banerjee
Fund Manager of Shriram Multi Asset Allocation Fund Direct Growth, since 8 September 2023
Top funds managed
Shriram Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 24.4% since inception (08nd Sep 2023)
Fund Allocations
This fund has an allocation of 64.58% in Equity, 1.48% in Debt and 22.42% in Cash related instruments
AUM size ₹127 Cr
This fund has AUM of ₹127 Cr which is less than its category average of ₹ 3045 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions
The current NAV of Shriram Multi Asset Allocation Fund Direct Growth is ₹12.47 as on 29-Apr-2024.
Existing (Absolute + CAGR) as on 29-Apr-2024.
Shriram Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.79% | 4.79% |
6 Month Returns | 26.46% | 26.46% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.35% as on March 2024
₹127 Cr as on March 2024
Nippon India ETF Gold BeES(11.67%), Reliance Industries Ltd(8.72%), HDFC Bank Ltd(5.75%), ICICI Bank Ltd(5.72%), Tata Consultancy Services Ltd(3.21%) as on March 2024
Cash Equivalent(21.54%), Financial Services(17.97%), Government(13.29%) as on March 2024
AAA | 100 |
Gargi Banerjee is the fund manager of Shriram Multi Asset Allocation Fund Direct Growth
The Exit load of Shriram Multi Asset Allocation Fund Direct Growth is 1%