Shriram Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 12.41 as on 16-05-2024
About the Fund
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 ₹137 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Fund Performance
61 people have invested ₹ 2L in Shriram Multi Asset Allocation Fund Direct Growth in the last three months
Overview
 | 0.5% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹137 Cr |
 | 8 September, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Shriram Multi Asset Allocation Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
52.4%
Mid cap
9.8%
Small cap
5.3%
Sector Allocation
Financial Services
30.4%
Industrial
20.4%
Consumer Cyclical
14.5%
Energy
12.6%
Tech
6.8%
Basic Materials
6.5%
Utilities
5.7%
Real Estate
1.3%
Consumer Defensive
1.1%
Health
1%
Top Holdings of Shriram Multi Asset Allocation Fund Direct Growth as on (30-Apr-24)
Equity Holdings44
Debt Holdings8
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 126.6 Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Gargi Banerjee
Fund Manager of Shriram Multi Asset Allocation Fund Direct Growth, since 8 September 2023
Top funds managed
Shriram Multi Asset Allocation 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 returns of 22.79% since inception (08nd Sep 2023)
Fund Allocations
This fund has an allocation of 65.42% in Equity, 1.37% in Debt and 18.21% in Cash related instruments
AUM size ₹137 Cr
This fund has AUM of ₹137 Cr which is less than its category average of ₹ 3124 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of Shriram Multi Asset Allocation Fund Direct Growth is ₹12.41 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Shriram Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.24% | 0.24% |
6 Month Returns | 19.48% | 19.48% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.5% as on April 2024
₹137 Cr as on April 2024
Nippon India ETF Gold BeES(13.33%), Reliance Industries Ltd(7.03%), ICICI Bank Ltd(6.53%), Larsen & Toubro Ltd(4.47%), HDFC Bank Ltd(4.27%) as on April 2024
Cash Equivalent(32.16%), Financial Services(19.86%), Industrial(13.32%) as on April 2024
AAA | 100 |
Gargi Banerjee is the fund manager of Shriram Multi Asset Allocation Fund Direct Growth
The Exit load of Shriram Multi Asset Allocation Fund Direct Growth is 1%