Fund Performance
Lumpsum
SIP
9.54
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,143 today.
NAV Performance
Fund Information
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₹ 15.286
as on 08 Dec 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 48 Cr.
as on 31 May 2023 -
2.6%
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05 Jul 2019
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Nifty 50
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Shriram Mutual Fund
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Highlights of this fund
Shriram Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 05 Jul 2019. This fund is offered by one of the top AMC (Assets Management Company) Shriram Mutual Fund. You can also view here all other Hybrid funds offered by Shriram Mutual Fund.
Latest NAV of the fund is ₹ 15.286 as on 08 Dec 2023.
This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.6%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time.
List of Fund Managers of Shriram Balanced Advantage Fund
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About Kartik Soral
He has pursued B.Tech (Chemical Engineering) from IT-BHU, Varanasi and PGDM, IIM Ahemdabad. Prior to joining Shriram Mutual Fund, he has worked with Edelweiss Mutual Fund, L&T Ltd., Deutsche Bank and TCS.
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About Gargi B Banerjee
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 7.64% | 8.16% | 21.38% | 25.80% | 22.18% | 25.11% | 17.93% | 16.32% | 37.68% | 28.02% | 24.35% | 22.64% | 16.46% |
| Category Average | 4.16% | 4.00% | 10.51% | 14.30% | 9.78% | 11.39% | 10.97% | 12.13% | 21.51% | 14.91% | 12.24% | 12.50% | 11.11% |
| Shriram Balanced Advantage Fund | 6.26%₹ 10,625 | 5.82%₹ 10,582 | 12.07%₹ 11,206 | 11.50%₹ 11,149 | 21.52%₹ 13,355 | 8.60%₹ 11,793 | 13.54%₹ 27,466 | 9.54%₹ 13,143 | 10.71%₹ 42,274 | - | - | - | - |
| HDFC Balanced Advantage Fund | 7.64%₹ 10,763 | 8.16%₹ 10,816 | 20.87%₹ 12,087 | 25.80%₹ 12,579 | 37.68%₹ 14,326 | 22.18%₹ 14,927 | 28.02%₹ 31,353 | 25.11%₹ 19,583 | 24.35%₹ 51,270 | 17.93%₹ 22,834 | 22.64%₹ 1,05,213 | 16.32%₹ 45,432 | 16.46%₹ 2,84,642 |
| ICICI Prudential Balanced Advantage Fund | 3.93%₹ 10,393 | 4.72%₹ 10,472 | 10.42%₹ 11,041 | 13.99%₹ 11,399 | 19.60%₹ 13,237 | 11.07%₹ 12,335 | 14.64%₹ 27,754 | 12.99%₹ 14,425 | 12.90%₹ 43,644 | 12.42%₹ 17,966 | 13.57%₹ 84,307 | 12.40%₹ 32,213 | 11.64%₹ 2,19,838 |
| Edelweiss Balanced Advantage Fund | 4.88%₹ 10,487 | 4.33%₹ 10,433 | 10.54%₹ 11,053 | 13.35%₹ 11,334 | 20.66%₹ 13,303 | 8.73%₹ 11,821 | 14.17%₹ 27,631 | 12.88%₹ 14,382 | 11.94%₹ 43,039 | 13.45%₹ 18,806 | 14.01%₹ 85,228 | 12.11%₹ 31,408 | 11.81%₹ 2,21,807 |
| Kotak Balance Advantage Fund | 3.90%₹ 10,389 | 3.58%₹ 10,358 | 8.58%₹ 10,857 | 12.78%₹ 11,278 | 17.18%₹ 13,088 | 8.68%₹ 11,812 | 12.98%₹ 27,318 | 10.82%₹ 13,609 | 10.94%₹ 42,419 | 11.50%₹ 17,245 | 11.86%₹ 80,822 | - | - |
| Union Balanced Advantage Fund | 4.89%₹ 10,489 | 4.45%₹ 10,445 | 9.11%₹ 10,911 | 12.14%₹ 11,214 | 17.61%₹ 13,115 | 7.54%₹ 11,565 | 12.15%₹ 27,101 | 8.96%₹ 12,935 | 9.74%₹ 41,678 | 11.36%₹ 17,137 | 11.40%₹ 79,914 | - | - |
Portfolio Holdings
Top Sector Holdings of Shriram Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 18.79% | ₹ 9.01 Cr. |
| Refineries/Marketing | 8.48% | ₹ 3.93 Cr. |
| Pharmaceuticals | 1.97% | ₹ 3.54 Cr. |
| Computers - Software | 5.77% | ₹ 2.67 Cr. |
| Consumer food | 2.43% | ₹ 2.28 Cr. |
| Others | 62.56% | - |
Top Stock Holdings of Shriram Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| HDFC Bank Ltd. | 5.93% | ₹ 2.74 Cr. |
| Reliance Industries Ltd. | 5.16% | ₹ 2.39 Cr. |
| State Bank Of India | 4.21% | ₹ 1.95 Cr. |
| ICICI Bank Ltd. | 4.00% | ₹ 1.85 Cr. |
| ITC Limited | 3.47% | ₹ 1.61 Cr. |
| Others | 77.23% | - |
Top Debt Instrument Type holdings of Shriram Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 14.31% | ₹ 6.62 Cr. |
| GOI | 4.29% | ₹ 1.98 Cr. |
| Others | 81.40% | - |
Top Debt Holdings of Shriram Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Rural Electrification Corporation Limited | 9.66% | ₹ 4.47 Cr. |
| Bond - LIC Housing Finance Ltd. | 4.65% | ₹ 2.15 Cr. |
| Bond - Govt of India | 4.29% | ₹ 1.98 Cr. |
| Others | 81.40% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 7.96% |
| Net Receivables | 3.91% |