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Home Mutual FundsHybridDynamic Asset Allocation FundShriram Balanced Advantage Fund

Shriram Balanced Advantage Fund

The fund details shown here are of the Growth Plan option and belongs to the Hybrid, Dynamic Asset Allocation Fund category.

The NAV for Shriram Balanced Advantage Fund Fund is 16.844 as of 22 Nov 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 9.00% annualized return for the last 3 years.

At present Shriram Balanced Advantage Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of Shriram Balanced Advantage Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

42,464

6,464

10.99%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of Shriram Balanced Advantage Fund is 44.78 Cr.

  • Shriram Balanced Advantage Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 2.65%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Shriram Balanced Advantage Fund is an Hybrid oriented mutual fund in the - Dynamic Asset Allocation Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Shriram Balanced Advantage Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 Jul 2019 as at present it is 5 years old fund.

  • Name of the AMC is Shriram Mutual Fund. Click here to know more about Shriram Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Shriram Balanced Advantage Fund managed by following fund manager(s);

How does the Return Comparison of the Shriram Balanced Advantage Fund fare against peer funds in the Dynamic Asset Allocation fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Shriram Balanced Advantage Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Hybrid, Dynamic Asset Allocation fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.40% 20.97% 20.97% 23.99% 18.17% 30.19% 15.49% 16.38%
Category Average 1.77% 9.30% 9.92% 11.61% 7.00% 13.81% 9.99% 12.94%
Shriram Balanced Advantage Fund -3.71% -6.16% -2.84% 14.68% 12.00% 9.00% 10.20% -
Baroda BNP Paribas Dynamic Equity Fund -0.43% -1.03% 5.62% 21.00% - - - -
ICICI Prudential Balanced Advantage Fund -1.38% -1.20% 5.63% 17.47% - - - -
Tata Balanced Advantage Fund -0.94% -1.40% 3.77% 16.91% 13.85% 11.01% 13.00% -
HDFC Balanced Advantage Fund -1.37% -2.65% 3.70% 25.26% 23.94% 21.36% 19.86% 13.95%
Kotak Balanced Advantage Fund -0.53% -0.49% 6.95% 18.64% 15.00% 10.93% 12.12% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Shriram Balanced Advantage Fund are shown below;

Equity 67.41%

Debt 14.60%

Others 17.99%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Very High risk