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Shriram Balanced Advantage Fund

Shriram Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.54

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,143 today.

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NAV Performance

Shriram Balanced Advantage Fund performance graph for last 3 years
Performance of Shriram Balanced Advantage Fund for last 3 Years

Fund Information

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

  • About Kartik Soral

    Picture of Kartik SoralHe 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.
  • About Gargi B Banerjee

    Picture of 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

Portfolio holdings pattern of Shriram Balanced Advantage Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    69.53%
  • Debt Holdings:

    18.60%
  • Others Holdings:

    11.87%

Top Sector Holdings of Shriram Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 7.96%
Net Receivables 3.91%