Shriram Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 05-03-2025
₹ 11.48
▲0.1%
1D
Inception Returns
8.9%
/yr
About 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 ₹146 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Shriram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 8.95% since inception. Over the last 1 year the fund has given a CAGR return of -5.80%.
Holdings
Shriram Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Health, Consumer Cyclical, Tech, Cash Equivalent, Financial Services, Industrial, Corporate, Communication, Consumer Defensive, Basic Materials.
Taxation
As it is a multi 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 Multi Asset Allocation Fund Direct Growth
The primary objective of the scheme is to generate long term capital appreciation with inflation beating returns by investing in Equity and Equity related securities, Debt and Money Market instruments, Gold/Silver ETFs, and REITs/ InvITs. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Shriram Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Shriram Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.55% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹146 Cr |
| Inception Date | 8 September, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 146.3 Cr as of Jan'25
- AUM decreased by 14.2 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Government, Consumer Cyclical & Industrial
Shriram Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹146 Cr
Expense Ratio 0.55%
Frequently Asked Questions for Shriram Multi Asset Allocation Fund Direct Growth
Shriram Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.46% | -5.46% |
6 Month Returns | -12.62% | -12.62% |
1 Year Returns | -5.8% | -5.8% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 |