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Shriram Balanced Advantage Fund - Direct Plan


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Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -1.39 -1.14 -2.29 -1.34 -1.30 4.01 -- -- -- -- --
VR Balanced TRI -6.38 -3.12 -6.09 -5.10 -5.57 2.07 -- -- -- -- --
Hybrid: Dynamic Asset Allocation -1.54 -1.63 -3.24 -2.09 -1.12 4.45 -- -- -- -- --
Rank within category 14 6 5 9 16 15 -- -- -- -- --
Number of funds in category 23 24 24 24 23 23 21 14 11 6 0

As on 28-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.11 (17-Sep-2019 - 24-Sep-2019) -2.29 (20-Feb-2020 - 28-Feb-2020)
Month 4.46 (18-Sep-2019 - 18-Oct-2019) -1.74 (29-Jan-2020 - 28-Feb-2020)
Quarter 7.20 (19-Sep-2019 - 19-Dec-2019) -1.30 (29-Nov-2019 - 28-Feb-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.92 10.21 0.61 0.95 -- --
Hybrid: Dynamic Asset Allocation* 8.64 6.48 0.48 0.82 0.52 -0.31
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 45
Top 10 Holdings (%) 55.06
Top 5 Holdings (%) 36.68
Top 3 Sectors (%) 49.46
Portfolio P/B Ratio 3.79
Portfolio P/E Ratio 24.43

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 10.67 9.56
equal 9.22% LIC Housing Fin. 16/10/2024 Debenture AAA 4.93 - 5.44 4.93
equal 8.70% LIC Housing Fin. 23/03/2029 Debenture AAA 2.68 - 2.97 2.68
equal 8.55% HDFC 27/03/2029 Debenture AAA 2.20 - 2.41 2.20
equal HDFC 29/11/2028 Debenture AAA 1.25 - 1.38 1.25
new Reserve Bank of India 182-D 2020 Treasury Bills SOV 0.00 - 0.51 0.51

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 24.57 8.91 6.55 8.11
equal HDFC Financial 17.28 7.41 6.35 7.28
equal Reliance Industries Energy 19.42 7.14 3.50 6.36
equal Infosys Technology 19.05 6.60 4.21 5.37
equal ITC FMCG 16.21 4.82 2.21 4.07
equal Hindustan Unilever FMCG 69.20 3.93 3.00 3.56
equal ICICI Bank Financial 33.85 3.70 2.11 3.14
equal Tata Consultancy Services Technology 23.16 3.44 2.57 2.57
equal HDFC Asset Management Company Financial 51.85 2.03 0.00 1.99
equal Asian Paints Chemicals 63.50 2.08 1.10 1.98
equal Larsen & Toubro Construction 17.00 2.17 1.44 1.88
equal Kotak Mahindra Bank Financial 35.49 1.62 0.78 1.56
equal Sun Pharmaceutical Inds. Healthcare 22.37 1.77 1.50 1.56
equal State Bank of India Financial 23.02 2.04 1.29 1.54
equal 3M India Services 72.08 1.50 0.00 1.50
equal HDFC Life Insurance Financial 81.32 1.51 0.00 1.43
equal Axis Bank Financial 41.06 1.44 0.73 1.38
equal BPCL Energy 11.83 3.21 1.37 1.37
equal NTPC Energy 5.44 1.34 0.70 1.26
equal Bandhan Bank Financial 20.14 1.57 0.00 1.19
equal Nippon Life India Asset Management Financial 42.54 1.35 0.00 1.07
equal Nestle India FMCG 77.20 0.81 0.44 0.80
equal Avenue Supermarts Services 122.58 0.79 0.00 0.79
equal Maruti Suzuki India Automobile 30.70 1.96 0.78 0.78
equal Bajaj Finance Financial 49.25 0.77 0.00 0.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Gargi Bhattacharyya Banerjee since 21-Nov-2019

Education: Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta.

Experience: Prior to joining Shriram Asset Management Co. Ltd she has worked with Zacks Research Pvt Ltd as Research Head and Shriram Insight Share Brokers Ltd

Funds Managed:

— Rohit Kumar Gautam since 25-Oct-2019

Education: Mr. Gautam has done B.Tech (IIT Bombay) and PGDM (IIM Ahmedabad)

Experience: Prior to joining Shriram Asset Management Company Limited, he has worked with APRRUS Foods and Beverages Pvt. Ltd., Firestar International Pvt. Ltd., Pythhos Technology Pvt. Ltd./ Boston Analytics, Hangout Adventures where he had held various key positions in Research & Analysis, Corporate Strategy & Planning Professional.

Funds Managed:


-1.14%

Change from previous, NAV as on 28-Feb-2020

Growth: ₹ 10.3585

Dividend: ₹ 10.3514


Investment Strategy

The scheme seeks 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Shriram Mutual Fund
Launch Date: 05-Jul-2019
Return Since Launch: 3.59%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 43 Cr (As on 31-Jan-2020)
Expense: 0.60% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 10.00%

Contact Information

AMC: Shriram Asset Management Company Ltd

Address: CK 6, 2nd Floor Sector II Salt Lake Kolkata - 700091

Phone: 033-23373012 / 9339787128

Fax: 033-23373014

Email: [email protected]

Website: http://www.shriramamc.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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