Asset under management
Shriram Balanced Advantage Fund
NAV 
₹ 16.66
as on Nov 19, 2024
14.54%
Benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index
Min SIP ₹ 500
Investment Horizon 3+ Years
Investment Objective
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments
Historical NAV
Shriram Balanced Advantage Fund
₹ 16.66
14.54 % p.a.
1 Year returns
Past performance may or may not be sustained in future
Returns
- 1Y
- 3Y
- 5Y
- 10Y
- Since Inception
- 1Y
- 3Y
- 5Y
- 10Y
- Since Inception
Lumpsum
1 Lakh Investment Grown to₹ 1 Lakh
SIP
₹ 10000 Monthly SIP Grown to₹ 10.29 Lakh
Disclaimer: Past performance may or may not be sustained in future. For performance in SEBI Format please refer performance section.
This fund is ideal for you if you are looking for
Why invest in Shriram Balanced Advantage Fund?
Lower volatility: As equity and debt allocation are adjusted according to the changing market environment, this fund is less volatile than other equity funds.
Steady returns: The fund's long-term outlook and active management can provide you with steady returns.
Diversified portfolio: The fund's investment in a blend of value and growth investment style for equity and high-quality fixed income instruments for debt can soften the impact of sectoral losses.
How to invest in Shriram Balanced Advantage Fund?
1
Register and create a folio by completing KYC verification and bank account authentication.
2
Select the mutual fund you wish to invest in, enter the amount you want to invest.
3
Make the payment.
4
Receive a confirmation of your investment.
How does the fund work
Amit, a software engineer, chose Shriram Balanced Advantage Fund to create long-term wealth and earn stable returns.
He invested monthly in it through the Systematic Investment Plan (SIP).
By wisely managing equity and debt investments, his portfolio steadily grew. In a few years, his wealth surged, and he was able to achieve his financial goals.
Disclaimer: The performance of any mutual fund is subject to market risks and may vary from person to person. The above-mentioned story is for illustrative purposes only and should not be considered as a guarantee or assurance of the performance of any mutual fund. It is important to do your own research and consult with a financial advisor before making any investment decisions.
This product is suitable for the following investors* who want:
- Capital Appreciation along with generation of income over a long period of time.
- Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.
- Very High Risk
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Riskometer
Investors understand that their principal will be at very high risk
Benchmark Riskometer
Benchmark Riskometer is at high risk
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Fund Details
Lock-in period
No lock-in
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Inception Date
05-Jul-2019
Scheme options
Regular Plan
- (i) Growth
- (ii) IDCW (Payout/Reinvestment)
Direct Plan
- (i) Growth
- (ii) IDCW (Payout/Reinvestment)
Minimum Investment
₹ 500
and in multiples of ₹ 1/- thereafter
Minimum Additional Purchase Amount:
₹ 500
and in multiples of ₹ 1/- thereafter
Note: In accordance with the regulatory requirement, the minimum application amount and minimum redemption amount will not be applicable for investment made in schemes of the Fund in compliance with the SEBI circular no. SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/553 dated April 28, 2021 read along with SEBI circular no. SEBI/HO/IMD/IMD- I/DOF5/P/CIR/2021/629 dated September 20, 2021.
SIP
Monthly
₹500 and in multiples of Rs. 1/- thereafter for minimum 24 installments
Quarterly
₹1000 and in multiples of Rs. 1/- thereafter for minimum 12 installments
Entry load
There is no entry load
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 Asset Value (NAV)
If redeemed/switched-out after 90 days from the date of allotment: Nil
Expense ratio
2.25%
Regular Growth
0.48%
Direct Growth
Fund Performance
Performance of Shriram Balanced Advantage Fund - Regular Growth as of Nov 14, 2024
Returns of Direct Plan - Growth Option as on 14-Nov-2024 Date of inception 05-Jul-2019 | ||||||||
|---|---|---|---|---|---|---|---|---|
| NAV Rs. 18.43 | AUM Rs.(in crore)57.14 | |||||||
| Date | Period | Nav (Rs.) Per Unit | Scheme Returns (%) | Scheme Benchmark Returns (%) | Additional Benchmark (NIFTY50) Returns (%) | Current value of ₹ 10,000 invested | ||
| Scheme | Scheme Benchmark | Additional Benchmark (NIFTY50) | ||||||
| Nov 13, 2023 | Last 1 Year | 15.7953 | 16.65% | 15.85% | 22.48% | ₹11,665 | ₹ 11,585 | ₹ 12,248 |
| Nov 12, 2021 | Last 3 Year | 13.8228 | 10.05% | 8.45% | 10.45% | ₹13,330 | ₹ 12,756 | ₹ 13,474 |
| Nov 14, 2019 | Last 5 Year | 10.4472 | 12.02% | 12.01% | 16.00% | ₹17,637 | ₹ 17,633 | ₹ 21,002 |
| Jul 05, 2019 | Since Inception(05 Jul 2019) | 10.0000 | 12.06% | 11.61% | 15.07% | ₹18,425 | ₹ 18,034 | ₹ 21,245 |
Returns of Regular Plan - Growth Option as on 14-Nov-2024 Date of inception 05-Jul-2019 | ||||||||
|---|---|---|---|---|---|---|---|---|
| NAV Rs. 16.66 | AUM Rs.(in crore)57.14 | |||||||
| Date | Period | Nav (Rs.) Per Unit | Scheme Returns (%) | Scheme Benchmark Returns (%) | Additional Benchmark (NIFTY50) Returns (%) | Current value of ₹ 10,000 invested | ||
| Scheme | Scheme Benchmark | Additional Benchmark (NIFTY50) | ||||||
| Nov 13, 2023 | Last 1 Year | 14.5429 | 14.54% | 15.85% | 22.48% | ₹11,454 | ₹11,585 | ₹ 12,248 |
| Nov 12, 2021 | Last 3 Year | 13.2002 | 8.06% | 8.45% | 10.45% | ₹12,619 | ₹12,756 | ₹ 13,474 |
| Nov 14, 2019 | Last 5 Year | 10.3677 | 9.95% | 12.01% | 16.00% | ₹16,066 | ₹17,633 | ₹ 21,002 |
| Jul 05, 2019 | Since Inception | 10.0000 | 9.97% | 11.61% | 15.07% | ₹16,657 | ₹18,034 | ₹ 21,245 |
Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. NIFTY 50 Hybrid Composite Debt 50:50 Index is the scheme benchmark. As per SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2018/04 dated Jan 04, 2018, the performance of the scheme is benchmarked to the Total Return variant of the Index The returns are Compounded Annual Growth Returns (CAGR) for the past 1 year, 3 years , 5 years & since inception and absolute return for less than 1 year. Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan-Growth Option & Direct Plan-Growth Option. Performance of Income Distribution cum Capital Withdrawal (IDCW) option would be Net of Dividend distribution tax, if any. For computation of return since inception (%) the allotment NAV has been taken as Rs. 10.00. Point-to-point returns on a standard investment of Rs. 10,000/- are in addition to CAGR for the Scheme. Past performance may or may not be sustained in future. Load is not considered for computation of returns. In case, the start/end date of the concerned period is a Non-Business Date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. The scheme is being currently managed by Mr. Deepak Ramaraju along with Ms. Gargi Bhattacharyya Banerjee with effect from August 20, 2022.
Fund Portfolio
Fund Distribution
(as on 31 Oct 2024)
Corporate Bonds / Debentures
13.19%Derivative
-9.20%Domestic Mutual Fund Unit
2.06%Equity
64.05%Government Bonds
3.44%Money Market Instruments
0.03%Net Receivables / (Payables)
26.43%
Sector Allocation
(as on 31 Oct 2024)
[ICRA]AAA
6.94%CRISIL AAA
6.25%Others
19.32%Pharmaceuticals & Biotechnology
15.12%Retailing
9.30%
Holdings (38)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| 7.7% NABARD NCD SR 25A RED 30-09-2027 | [ICRA]AAA | Corporate Bonds / Debentures | |
| SUN PHARMACEUTICAL INDUSTRIES LTD | Pharmaceuticals & Biotechnology | Equity | |
| 8.54% REC LTD NCD RED 15-11-28 | CRISIL AAA | Corporate Bonds / Debentures | |
| TRENT LTD | Retailing | Equity | |
| BHARTI AIRTEL LTD | Telecom - Services | Equity |
Holdings
(as on 31 Oct 2024)
Sector Allocation
[ICRA]AAA
6.94%CRISIL AAA
6.25%Others
19.32%Pharmaceuticals & Biotechnology
15.12%Retailing
9.30%Telecom - Services
3.78%Automobiles
5.76%Consumer Durables
5.27%Personal Products
2.51%Electrical Equipment
2.51%Auto Components
3.83%Banks
1.93%Industrial Products
1.86%IT - Software
1.82%Food Products
1.67%Insurance
1.51%Healthcare Services
1.45%Diversified Metals
1.44%Cement & Cement Products
1.43%Financial Technology (Fintech)
1.43%Leisure Services
1.43%Sovereign
3.44%
Fund Management
Mr Deepak Ramaraju
Managing this fund since 20 Aug 22
Mr Deepak Ramaraju
Managing this fund since 20 Aug 22Work Experience
21 yearsFund Managed
07
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 5 Jul 19
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 5 Jul 19Work Experience
22 yearsFund Managed
07
Mr. Sudip
Managing this fund since 3 Oct 24
Mr. Sudip
Managing this fund since 3 Oct 24Work Experience
19 yearsFund Managed
07Mr Deepak Ramaraju
Managing this fund since 20 Aug 22
Mr. Deepak Ramaraju is a highly experienced Senior Fund Manager at Shriram Asset Management Company Ltd, with over two decades of diversified experience under his belt. He holds a degree in chemical engineering and has been associated with equity markets for the past 16 years. Before joining Shriram Asset Management Company, Mr. Deepak was part of the global equity research team and advised the Sanlam Group of South Africa on their India-focused fund. Prior to his stint in the financial industry, Mr. Deepak worked as a researcher and co-inventor at GE India Technology Center, Bangalore. During his time there, he was credited with 10 patents, highlighting his expertise and innovative abilities. His diverse background and extensive experience make him a valuable asset to the Shriram Asset Management team.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 5 Jul 19
Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She received her Bachelor of Science with Economics (H) and Master of Business Management with specialization in Finance from the University of Calcutta. She joined as Research Manager in Shriram Asset Management Company Limited in November 2012 and before that, she has held key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
Mr. Sudip
Managing this fund since 3 Oct 24
Mr. Sudip has around 19 years of experience in managing Fixed Income Investments, Macroeconomic Research and Credit Analysis. Prior to this assignment, Mr. Sudip was Debt Fund Manager at Kshema General Insurance Company. Additionally, he has also worked with Sahara India Life Insurance Company Ltd as a Debt Fund Manager whereby managing ULIP and Traditional funds on Fixed Income side.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
Fund House
Shriram Asset Management Co Ltd.
217, 2nd floor, Swastik Chamber, Near junction of S.T. & C.S.T. road, Chembur, Mumbai - 400 071
customercare@shriramamc.co.in
Contact
Investor – 18604191200
Distributor - 18604191400
Frequently Asked Questions
What is Shriram Balanced Advantage Fund?
An open ended dynamic asset allocation fund. The fund shall be investing in equities, arbitrage opportunities, derivative strategies and debt and money market instruments while managing risk through active allocation.
What is the Investment Objective?
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
What is the suitability of this scheme?
The scheme is suitable for investors who have the objective of capital appreciation along with generation of income over a long period of time with lower volatility.
What is the asset allocation?
The scheme shall invest a minimum of 65% and a maximum of 100% in equity and equity related instruments. The balance, between 0% to 35%, would stay invested in Debt (including money market instruments, securitized debt & units of debt and liquid category schemes).
What is the Fund Management Process & Investment Style?
The Fund follows a blend of value and growth style of investing. The fund will follow a bottom-up approach to stock- picking and choose companies across sectors. The debt portion of the scheme will be invested in high quality fixed income instruments.
Who is the Fund Manager of the scheme?
The scheme is being currently managed by Mr. Deepak Ramaraju along with Ms. Gargi Bhattacharyya Banerjee
What is the minimum investment amount?
Minimum investment amount is Rs. 5,000/- and in multiples of Re.1/- thereafter. Under Systematic Investment Plan, the minimum amount is Rs. 1,000/- monthly and Rs. 3,000/- quarterly
Is there any entry – exit load?
Entry Load: There is no entry load
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 Asset Value (NAV) If redeemed/switched-out after 90 days from the date of allotment: Nil
What is the tax treatment of investment of Shriram Balanced Advantage Fund?
Long-term capital gains exceeding Rs. 1 lakh shall be taxed at the rate of 10% without allowing the benefit of any indexation.
Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. With regard to taxation, investors are advised to consult their tax consultants to know the consequences of tax, if any. Income Tax benefits to the mutual fund & to the unit-holder are in accordance with prevailing tax law. The investor shall be solely responsible for any action taken based on this document. Shriram Mutual Fund, Shriram Asset Management Company Limited, Board of Trustees-Shriram Mutual Fund and their associates shall not be liable in any manner for the consequences of such action taken by the investor.
Risk Factors:All investments in mutual funds and securities are subject to market risks and the NAV of the Scheme may go up or down depending upon the factors and forces affecting the securities market. There can be no assurance that the Scheme's investment objective will be achieved. The past performance of the Mutual Fund is not indicative of the future performance of the Scheme. The scheme inception date was July 5, 2019. The Sponsor is not responsible or liable for any loss resulting out of the operation of the Scheme beyond the initial contribution of Rs.1 Lakh made towards setting up the Mutual Fund. Shriram Balanced Advantage Fund is only the name of the Scheme and does not in any manner indicate the quality of the Scheme or its future prospects or returns. There is no guarantee or assurance as to any return on investment of the unit holders. The investments made by the Scheme are subject to external risks on transfer, pricing, trading volumes, settlement risks, etc. of securities. Please refer to the Offer Document/Statement of Additional Information/Key Information Memorandum of the scheme before investing.
