Shriram Balanced Advantage Fund Direct Growth
NAV as on 15-04-2025
₹ 18.11
▲0.8%
1D
Inception Returns
10.6%
/yr
Historical NAV & Returns
About Shriram Balanced Advantage Fund Direct Growth
Shriram Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 5 July, 2019. The fund is managed by Gargi Banerjee. This fund gives you the benefit of diversification.
Key Parameters
- Shriram Balanced Advantage Fund Direct Growth has ₹60 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Shriram Balanced Advantage Fund Direct Growth has given a CAGR return of 10.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -4.00%, 9.21% and 12.90% respectively.
Holdings
Shriram Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Basic Materials, Tech, Consumer Cyclical, Communication, Health, Consumer Defensive, Energy, Industrial.
Taxation
As it is a dynamic asset 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Shriram Balanced Advantage Fund Direct Growth
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Shriram Balanced Advantage Fund Direct Growth has no lock in period.
Shriram Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.7% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹60 Cr |
| Inception Date | 5 July, 2019 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 120% |
| STCG | Selling mutual fund 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 |
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 60.1 Cr as of Mar'25
- AUM increased by 1.8 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Government & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.69% | 39.7% | |
 HDFC Bank Ltd | 5.69% | 0% | |
 Bharti Airtel Ltd | 5.49% | 34.7% | |
 Pidilite Industries Ltd | 3.27% | 100% | |
 Reliance Industries Ltd | 3.22% | 100% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Shriram Balanced Advantage Fund Direct Growth | -4% | 9.21% | 12.9% | 10.59% |
 DSP Dynamic Asset Allocation Fund Direct Growth | 11.35% | 11.33% | 13.53% | 10.34% |
 ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 6.6% | 12% | 17.39% | 12.92% |
 Kotak Balanced Advantage Fund Direct Growth | 6.52% | 10.99% | 16.07% | 11.47% |
Mutual Fund Insights
Shriram Balanced Advantage Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹60 Cr
Expense Ratio 0.7%
More funds from Shriram
Frequently Asked Questions for Shriram Balanced Advantage Fund Direct Growth
Shriram Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.77% | 1.77% |
6 Month Returns | -10.73% | -10.73% |
1 Year Returns | -4% | -4% |
3 Years Returns | 30.27% | 9.21% |
- 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.
AAA | 100 |