Shriram Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹65 Cr

Expense Ratio

0.70%

ISIN

INF680P01208

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

05 Jul 2019

About this fund

Shriram Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 5 years, 6 months and 17 days, having been launched on 05-Jul-19.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹17.93, Assets Under Management (AUM) of 64.58 Crores, and an expense ratio of 0.7%.

Shriram Balanced Advantage Fund Direct Growth has given a CAGR return of 11.09% since inception.
The fund's asset allocation comprises around 62.75% in equities, 18.33% in debts, and 18.91% in cash & cash equivalents.
You can start investing in Shriram Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+1.70%

+10.18% (Cat Avg.)

3 Years

+9.25%

+11.09% (Cat Avg.)

5 Years

+11.24%

+12.10% (Cat Avg.)

Since Inception

+11.09%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹40.53 Cr	62.75%
Debt	₹11.84 Cr	18.33%
Others	₹12.22 Cr	18.92%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Clearing Corporation Of India Ltd.	Cash - Repurchase Agreement	₹6.35 Cr	9.83%
Net Receivables / (Payables)	Cash	₹4.66 Cr	7.21%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹4.09 Cr	6.34%
Sun Pharmaceuticals Industries Ltd	Equity	₹3.43 Cr	5.31%
Nifty	Equity Index - Future	₹-3.33 Cr	5.16%
Dixon Technologies (India) Ltd	Equity	₹3.05 Cr	4.73%
Bharti Airtel Ltd	Equity	₹3.05 Cr	4.73%
Trent Ltd	Equity	₹2.55 Cr	3.94%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹2.52 Cr	3.91%
Lupin Ltd	Equity	₹2.47 Cr	3.82%
ICICI Bank Ltd	Equity	₹2.43 Cr	3.76%
Divi's Laboratories Ltd	Equity	₹2.38 Cr	3.69%
Voltas Ltd	Equity	₹2.32 Cr	3.60%
Zomato Ltd	Equity	₹2.32 Cr	3.59%
Indian Hotels Co Ltd	Equity	₹2.29 Cr	3.55%
Persistent Systems Ltd	Equity	₹2.16 Cr	3.34%
Export-Import Bank Of India	Bond - Corporate Bond	₹2.14 Cr	3.32%
HCL Technologies Ltd	Equity	₹2.13 Cr	3.30%
Mahindra & Mahindra Ltd	Equity	₹2.12 Cr	3.28%
Info Edge (India) Ltd	Equity	₹2.03 Cr	3.15%
6.54% Govt Stock 2032	Bond - Gov't/Treasury	₹2.03 Cr	3.14%
InterGlobe Aviation Ltd	Equity	₹1.91 Cr	2.95%
Bharat Electronics Ltd	Equity	₹1.86 Cr	2.87%
Vedanta Ltd	Equity	₹1.72 Cr	2.67%
Tech Mahindra Ltd	Equity	₹1.71 Cr	2.65%
Havells India Ltd	Equity	₹1.68 Cr	2.60%
ICICI Pru Liquid Dir Gr	Mutual Fund - Open End	₹1.21 Cr	1.88%
LIC Housing Finance Limited	Bond - Corporate Bond	₹1.05 Cr	1.63%
Siemens Ltd	Equity	₹0.19 Cr	0.29%
Put Nifty 02-Jan-2025 24000	Equity Index - Option (Put)	₹0.06 Cr	0.09%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹9.28 Cr	14.36%
Technology	₹9.06 Cr	14.02%
Healthcare	₹8.28 Cr	12.82%
Industrials	₹7.95 Cr	12.31%
Communication Services	₹5.09 Cr	7.87%
Financial Services	₹2.43 Cr	3.76%
Basic Materials	₹1.72 Cr	2.67%

Risk & Performance Ratios

Fund Managers

Gargi Banerjee

Since July 2019

Deepak Ramaraju

Since August 2022

Sudip More

Since October 2024

Additional Scheme Detailsas of 31st December 2024

ISIN

INF680P01208

Expense Ratio

0.70%

Exit Load

1.00%

Fund Size

₹65 Cr

Age

5 years 6 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 Hybrid Comp Debt 50:50 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹1113.82 Cr	0.9%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹1113.82 Cr	2.2%
Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.7%	1.0%	₹1310.36 Cr	13.2%
Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹1310.36 Cr	11.5%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2272.93 Cr	12.1%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹2272.93 Cr	10.6%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	1.8%	1.0%	₹908.12 Cr	8.6%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.4%	1.0%	₹908.12 Cr	10.4%
Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1779.30 Cr	10.1%
Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	1.0%	₹1779.30 Cr	8.5%

About the AMC

Shriram Mutual Fund

+91 33 23373012

https://www.shriramamc.in/

Total AUM

₹732 Cr

Address

CK-6, 2nd Floor, Kolkata, 700 091

Other Funds by Shriram Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Shriram Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	1.0%	₹154.48 Cr	2.8%
Shriram Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹144.96 Cr	2.9%
Shriram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹208.14 Cr	6.6%
Shriram Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹64.58 Cr	1.7%
Shriram Hybrid Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹48.77 Cr	6.2%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Shriram Balanced Advantage Fund Direct Growth?

The NAV of Shriram Balanced Advantage Fund Direct Growth, as of 21-Jan-2025, is ₹17.93.

What are the returns of Shriram Balanced Advantage Fund Direct Growth?

The fund has generated 1.70% over the last 1 year and 9.25% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Shriram Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 62.75% in equities, 18.33% in bonds, and 18.91% in cash and cash equivalents.

Who manages the Shriram Balanced Advantage Fund Direct Growth?

The fund managers responsible for Shriram Balanced Advantage Fund Direct Growth are:-

Gargi Banerjee
Deepak Ramaraju
Sudip More

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹65 Cr

Expense Ratio

0.70%

ISIN

INF680P01208

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

05 Jul 2019

Risk Level

Your principal amount will be at Very High Risk