3 Year return

14.25%
Launched on June 2019 (5 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹48.81 Cr.

Expense Ratio

0.6% (inclusive of GST)

Exit Load

If redeemed / switched-out within 90 days from the date of allotment:- Upto 12% of units : Nil More than 12% of units: 1% of applicable Net Asst Value (NAV) If redeemed / switched out after 90 days from the date of allotment: Nil

Ratings

ARQ Rating
2

Ratings by other agencies

4
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Shriram Mutual Fund Managers

GB

Gargi Bhattacharyya Banerjee

Fund Manager since Nov 2019

View Details

Fund House Details

Shriram Mutual Fund

Shriram Mutual Fund Asset management company

AUM ₹445.26 Cr.
No. of Schemes 15
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Shriram Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Aggressive Hybrid Fund

Shriram Aggressive Hybrid Fund Direct Growth

16.05%
15.93%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Shriram Balanced Advantage Fund Direct Growth

14.25%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Shriram Balanced Advantage Fund Direct IDCW Payout

14.12%

About Shriram Balanced Advantage Fund Direct Growth

Shriram Balanced Advantage Fund, managed by Shriram Mutual Fund, belongs to the dynamic asset allocation or balanced advantage funds category, offering a dynamic approach to investment. This direct plan offers the Growth scheme, aiming to provide investors with a balanced approach to capital appreciation by dynamically managing allocations between equity and debt instruments. The fund's strategy adjusts according to market conditions, seeking to optimise returns. The fund offers a lower expense ratio than the category average.

Investment Objective of the Scheme

The scheme's primary objective is to offer investors a balanced investment approach that aims for capital appreciation while managing risk. Shriram Balanced Advantage Fund Direct Growth achieves this by actively allocating its portfolio between equity and debt instruments based on market conditions. The fund's strategy is designed to provide competitive returns while seeking to mitigate downside risks during market downturns.

Key Features of The Fund

5-year return NA
Expense Ratio 0.6%
Fund Manager Gargi Bhattacharyya Banerjee
Fund Size ₹48.81 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you're looking for a balanced investment approach that dynamically adjusts to market conditions, Shriram Balanced Advantage Fund Direct Growth could be a suitable choice. This fund caters to individuals seeking capital appreciation while aiming to manage risk through a combination of equity and debt investments. Keep in mind that the fund's allocation strategy can result in fluctuations in equity exposure. Before considering this fund, evaluate your investment goals, risk tolerance, and investment horizon. Seeking guidance from financial experts can provide personalised insights for well-informed decisions.

AMC Contact Details

Name Shriram Mutual Fund
Launch Date 27th July 1994
Addresss 217, 2nd Floor, Swastik Chambers, Near Junction of S.T. & C.S.T. Road, Chembur, MUMBAI – 400 071
Contact 033 2337 3012
Email info@shriramamc.in
Website https://www.shriramamc.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Shriram Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Shriram Balanced Advantage Fund Jun 14 2024 is 19.2677

What is the AUM of Shriram Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Shriram Balanced Advantage Fund is 48.81 crore.

What is the expense ratio of Shriram Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Shriram Balanced Advantage Fund is 0.6%

What are the returns of Shriram Balanced Advantage Fund since inception?

The Shriram Balanced Advantage Fund was launched on Jun 14 2019. The fund has delivered a CAGR of 14.17 since inception.

What is the minimum SIP amount to invest in Shriram Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Shriram Balanced Advantage Fund is 1000.

How do I invest in Shriram Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Shriram Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Shriram Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Shriram Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.