Shriram Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 23.2 as on 16-05-2024
About the Fund
Shriram Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 21 September, 2018. The fund is managed by Gargi Banerjee. The fund could potentially beat inflation in the long-run.
Key Parameters
- Shriram Flexi Cap Fund Direct Growth has ₹91 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Fund Performance
17 people have invested ₹ 46.4K in Shriram Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.85% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹91 Cr |
 | 21 September, 2018 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 136% |
Shriram Flexi Cap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
58.6%
Mid cap
17.3%
Small cap
13.8%
Sector Allocation
Financial Services
29.4%
Industrial
22.6%
Consumer Cyclical
13.5%
Energy
12.8%
Basic Materials
7.2%
Tech
6.1%
Utilities
4.1%
Communication
2%
Consumer Defensive
1.4%
Health
1%
Top Holdings of Shriram Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings63
Debt Holdings1
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 12.3% |
 Mahindra & Mahindra Ltd | 10.5% |
 ICICI Bank Ltd | 3.9% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 4.44% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 1.98% in Apr'24
AUM Change
- AUM of the fund stands at 90.8 Cr as of Apr'24
- AUM increased by 7.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.26% return, outperforming this fund by 15.9% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.16% return, outperforming this fund by 10.16% per annum.
Over the last 6 months, this fund has experienced a 52.2% growth in AUM moving from 59.65 Cr to 90.78 Cr.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.16%.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 64.51% return, outperforming this fund by 22.27%.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Gargi Banerjee
Fund Manager of Shriram Flexi Cap Fund Direct Growth, since 21 September 2018
Top funds managed
Shriram Flexi Cap 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 an average annual returns of 15.84% since inception which is less than its category average return of 18%
Fund Allocations
This fund has an allocation of 89.05% in Equity, 0% in Debt and 10.95% in Cash related instruments
AUM size ₹91 Cr
This fund has AUM of ₹91 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Shriram Flexi Cap Fund Direct Growth is ₹23.2 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Shriram Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.29% | 1.29% |
6 Month Returns | 22.34% | 22.34% |
1 Year Returns | 42.24% | 42.24% |
3 Years Returns | 77.15% | 21% |
5 Years Returns | 122.59% | 17.35% |
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.
0.85% as on April 2024
₹91 Cr as on April 2024
Reliance Industries Ltd(7.41%), ICICI Bank Ltd(6.62%), Larsen & Toubro Ltd(4.42%), HDFC Bank Ltd(3.35%), State Bank of India(2.9%) as on April 2024
Financial Services(26.16%), Industrial(20.16%), Consumer Cyclical(12.01%) as on April 2024
The alpha ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Shriram Flexi Cap Fund Direct Growth | 3.55 | 1.76 | 0.34 |
As on April 2024
The alpha for Shriram Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Shriram Flexi Cap Fund Direct Growth | 1.02 | 0.93 | 0.87 |
As on April 2024
The Beta for Shriram Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Shriram Flexi Cap Fund Direct Growth | 2.62 | 1.17 | 0.71 |
As on April 2024
The sharpe ratio for Shriram Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Shriram Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Shriram Flexi Cap Fund Direct Growth | 11.93 | 12.93 | 16.98 |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.38 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.23 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gargi Banerjee is the fund manager of Shriram Flexi Cap Fund Direct Growth
The Exit load of Shriram Flexi Cap Fund Direct Growth is 1%