HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE
Shriram Balanced Advantage Fund Direct IDCW Reinvestment
3 Year return
8.14%
NAV on August 11, 2026
19.0573
1D Returns
-0.03%
Launched on June 2019(7 years)
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
13.61%₹490
Total Value ₹4,090
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹42.88 Cr.
Expense Ratio
0.96% (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
2
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Shriram Mutual Fund Manager
AM
Amit Modani
Fund Manager since Nov 2025
DR
Deepak Ramaraju
Fund Manager since Aug 2022
HS
Hitesh Savanth
Fund Manager since Jun 2026
PN
Prateek Nigudkar
Fund Manager since Aug 2025
SS
Sudip Suresh More
Fund Manager since Oct 2024
Fund House Details
Shriram Mutual Fund
Asset management company
AUM
₹1,160.83 Cr.
No. of Schemes
18
Setup Date
27th July 1994
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| HDFC Balanced Advantage Fund | 13.8079% | 4 |
| Baroda BNP Paribas Balanced Advantage Fund | 13.4305% | 3 |
| ICICI Prudential Balanced Advantage Fund | 12.9029% | 5 |
Schemes by Shriram Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Shriram Balanced Advantage Fund Direct Growth8.2385%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Shriram Balanced Advantage Fund Direct IDCW Payout8.0786%
Key Features of The Fund
5-year return
7.9068%
Expense Ratio
0.96%
Fund Manager
Amit Modani
Fund Size
₹42.88 Cr.
Risk Profile
Very High
AMC Contact Details
| Name | Shriram Mutual Fund |
| Launch Date | 27th July 1994 |
| Address | 217, 2nd Floor, Swastik Chambers, Near Junction of S.T. & C.S.T. Road, Chembur, MUMBAI – 400 071 |
| Contact | 033 2337 3012 |
| 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 Direct IDCW Reinvestment?
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 Direct IDCW Reinvestment on August 11, 2026, is ₹19.0573
What is the AUM of Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
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 Direct IDCW Reinvestment, is ₹42.88 crore.
What is the expense ratio of Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
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 Direct IDCW Reinvestment is 0.96%
What are the returns of Shriram Balanced Advantage Fund Direct IDCW Reinvestment since inception?
The Shriram Balanced Advantage Fund Direct IDCW Reinvestment was launched on June 14, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
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 Direct IDCW Reinvestment is ₹500.
How do I invest in Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Shriram Balanced Advantage Fund Direct IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,090 in 3Y at 8.1421% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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