Shriram Balanced Advantage Fund - Direct (G)


Dynamic Asset Allocation or Balanced Advantage
  • NAV 19.45 (0.06%)
  • Fund Size (Cr) ₹52.27
  • Expense Ratio 0.6
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹1000
  • Exit Load 1%
  • Return Since Launch 14.05%

Basic Details

Scheme Manager
Deepak Ramaraju
Bench Mark
Nifty 50 Hybrid Composite Debt 50:50 Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 16-Jul-24
  • 9891.69
  • -1.08%
  • -
  • -0.58%
  • 126/143
  • 1 Month
  • 21-Jun-24
  • 10116.03
  • 1.16%
  • -
  • 2.21%
  • 134/143
  • 3 Month
  • 23-Apr-24
  • 10473.56
  • 4.74%
  • -
  • 6.92%
  • 134/143
  • 6 Month
  • 23-Jan-24
  • 11167.43
  • 11.67%
  • -
  • 12.63%
  • 85/133
  • 1 Year
  • 21-Jul-23
  • 12699.90
  • 27.00%
  • 27.00%
  • 24.49%
  • 20/121
  • 3 Year
  • 23-Jul-21
  • 15044.86
  • 50.45%
  • 14.59%
  • 13.38%
  • 20/91
  • 5 Year
  • 23-Jul-19
  • 19545.70
  • 95.46%
  • 14.34%
  • 14.00%
  • 28/83
  • Since Inception
  • 05-Jul-19
  • 19433.9
  • 94.34%
  • 14.05%
  • 13.67%
  • 40/143

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Aug-23
  • 120000
  • 136117.45
  • 13.43%
  • 13.43%
  • 3 Year
  • 02-Aug-21
  • 360000
  • 472111.45
  • 31.14%
  • 9.46%
  • 5 Year
  • 01-Aug-19
  • 600000
  • 898301.57
  • 49.72%
  • 8.41%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    2.24%
  • Beta
    0.53%
  • Sharpe Ratio
    0.92%
  • Treynor’s Ratio
    0.12%
  • Jension’s Alpha
    3.07%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 4.13%
  • 17990
  • 2.16
  • Equity
  • Banks
  • Reliance Industr
  • 4.09%
  • 6831
  • 2.14
  • Equity
  • Refineries
  • HDFC Bank
  • 3.87%
  • 12021
  • 2.02
  • Equity
  • Banks
  • M & M
  • 2.5%
  • 4562
  • 1.31
  • Equity
  • Automobile
  • Bharti Airtel
  • 2.43%
  • 8808
  • 1.27
  • Equity
  • Telecomm-Service
  • Axis Bank
  • 2.01%
  • 8298
  • 1.05
  • Equity
  • Banks
  • Colgate-Palmoliv
  • 2%
  • 3671
  • 1.04
  • Equity
  • FMCG
  • Bosch
  • 1.97%
  • 302
  • 1.03
  • Equity
  • Auto Ancillaries
  • TCS
  • 1.93%
  • 2579
  • 1.01
  • Equity
  • IT - Software
  • St Bk of India
  • 1.91%
  • 11764
  • 1.00
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Shriram Balanced Advantage Fund - Direct (G)
  • Stars
  • 52.27
  • 1.16%
  • 4.74%
  • 11.67%
  • 27.00%
  • 14.59%
  • Quant Dynamic Asset Allocation Fund-Direct (IDCW)
  • Stars
  • 1196.62
  • 2.98%
  • 8.31%
  • 25.64%
  • 55.48%
  • -
  • Quant Dynamic Asset Allocation Fund-Direct (G)
  • Stars
  • 1196.62
  • 2.98%
  • 8.32%
  • 25.64%
  • 55.46%
  • -
  • HDFC Balanced Advantage Fund - Direct (G)
  • Stars
  • 89903.19
  • 2.70%
  • 9.37%
  • 16.68%
  • 39.63%
  • 24.84%
  • HDFC Balanced Advantage Fund - Direct (IDCW)
  • Stars
  • 89903.19
  • 2.70%
  • 9.37%
  • 16.68%
  • 39.62%
  • 24.18%
  • Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
  • Stars
  • 1226.73
  • 1.56%
  • 6.78%
  • 17.94%
  • 34.30%
  • 15.72%

News

There are no new Updates!

Fund House Details & Investment Objective

  • Date of Incorporation 14-Jun-2019
  • Total AUM (Cr) ₹52.27

Shriram Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Shriram Mutual Fund. Launched in Jun 2019, this fund is managed by Deepak Ramaraju. With assets under management (AUM) worth ₹52.27 (Cr), as of 24-Jul-2024, Shriram Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 14.05% since its launch.
The current NAV of Shriram Balanced Advantage Fund - Direct (G) is ₹19.45, as on 24-Jul-2024. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Shriram Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed / switched-out within 90 days from the date of allotment:- Upto 12% of units : Nil More than 12% of units: 1% of applicable Net Asst Value (NAV) If redeemed / switched out after 90 days from the date of allotment: Nil
The fund has generated 14.59% and 14.34% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 66.52% in Equity, 18.17% in Debt and 15.31% in cash and cash equivalents
The top 5 sectors the fund invests in are: 15.59% in Debt, 14.95% in Banks, 12.59% in Cash & Others, 8.02% in Automobiles and 5.12% in Aerospace & Defense.

FAQs on Shriram Balanced Advantage Fund - Direct (G)

Shriram Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 14.05% since inception. Looking to invest in Shriram Balanced Advantage Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Shriram Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Shriram Balanced Advantage Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Shriram Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

In the short term, i.e., 1 year, Shriram Balanced Advantage Fund - Direct (G) has generated annualised return of 27.00%. In the long-term, the fund has generated 14.59% and 14.34% in 3 and 5 years respectively. Since its inception, the fund has generated 14.05% returns.

The expense ratio of Shriram Balanced Advantage Fund - Direct (G) Direct Growth is 0.6%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Shriram Balanced Advantage Fund - Direct (G) is ₹52.27 (Cr) as of 24 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Shriram Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Shriram Balanced Advantage Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Shriram Balanced Advantage Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Shriram Balanced Advantage Fund - Direct (G). Minimum lumpsum investment Shriram Balanced Advantage Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Shriram Balanced Advantage Fund - Direct (G) is ₹19.45 as on 24 July 2024.

The 5 biggest stock holdings of Shriram Balanced Advantage Fund - Direct (G) are:
ICICI Bank (4.13%), Reliance Industr (4.09%), HDFC Bank (3.87%), M & M (2.5%), Bharti Airtel (2.43%)

A majority of Shriram Balanced Advantage Fund - Direct (G) 's AUM worth ₹52.27 (Cr) is invested in these 3 top sectors:

  • Debt: 15.59%
  • Banks: 14.95%
  • Cash & Others: 12.59%

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