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Unrated

Shriram Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.32 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 12.93 -0.06 -0.93 1.09 6.79 11.37 22.27 -- -- -- --
VR Balanced TRI 26.60 -0.30 -1.07 2.83 12.98 23.15 45.62 -- -- -- --
Hybrid: Dynamic Asset Allocation 17.31 -0.17 -0.92 1.42 6.11 13.87 28.26 -- -- -- --
Rank within category 19 6 14 18 8 19 18 -- -- -- --
Number of funds in category 25 27 27 27 26 26 25 17 12 10 0

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Shriram Balanced Advantage Fund - Direct Plan
Unrated
Jul-19 22.27 -- -- 0.60% 48
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 27.94 15.28 12.01 1.00% 35,737
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 23.36 15.83 -- 0.46% 11,286
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 35.63 19.92 14.88 0.42% 5,845
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 31.49 15.34 11.73 0.61% 5,485

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.65 24-Mar-2020 - 31-Mar-2020 -7.29 11-Mar-2020 - 18-Mar-2020
Month 8.42 24-Mar-2020 - 23-Apr-2020 -14.40 20-Feb-2020 - 23-Mar-2020
Quarter 14.20 23-Mar-2020 - 22-Jun-2020 -13.87 23-Dec-2019 - 23-Mar-2020
Year 37.13 23-Mar-2020 - 23-Mar-2021 5.36 25-Sep-2019 - 24-Sep-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 17.41 18.03 0.75 0.87 -- --
Hybrid: Dynamic Asset Allocation* 12.65 12.25 0.71 0.77 0.62 0.41
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 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Holdings (%) 34.70
Top 5 Holdings (%) 21.88
Top 3 Sectors (%) 39.02
Portfolio P/B Ratio 3.31
Portfolio P/E Ratio 24.78
Avg Credit Rating CASH

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
up 9.22% LIC Housing Fin. 16/10/2024 Debenture AAA 4.55 - 5.50 4.55

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
down Reliance Industries Energy 34.00 9.73 3.50 4.94
down HDFC Financial 26.03 9.88 3.93 4.64
down HDFC Bank Financial 27.22 8.91 1.83 4.15
down ICICI Bank Financial 26.31 4.29 1.25 3.60
down Kotak Mahindra Bank Financial 43.30 3.33 0.00 3.33
up ITC FMCG 20.93 4.82 1.51 2.80
down Tata Consultancy Services Technology 35.39 3.73 2.39 2.39
down Hindustan Unilever FMCG 68.66 4.17 1.55 2.16
down Infosys Technology 34.62 8.17 2.14 2.14
up Axis Bank Financial 29.64 2.41 0.34 2.03
down Larsen & Toubro Construction 20.20 2.66 0.00 1.94
down State Bank of India Financial 17.95 2.62 0.47 1.62
up NTPC Energy 10.54 1.59 0.00 1.59
down Bharti Airtel Communication 360.64 4.03 0.00 1.47
up Oil & Natural Gas Corporation Energy 8.83 1.46 0.00 1.46
up Bajaj Finance Financial 104.39 3.90 0.00 1.43
up GAIL Energy 8.76 1.29 0.00 1.29
down SBI Life Insurance Company Insurance 90.50 1.67 0.00 1.27
up Bajaj Auto Automobile 19.89 1.34 0.22 1.22
down HDFC Life Insurance Insurance 123.88 1.54 0.00 1.06
down HCL Technologies Technology 28.09 1.62 0.00 1.04
down Ultratech Cement Construction 32.39 1.24 0.14 1.04
down Titan Company Consumer Durable 166.63 0.83 0.00 0.76
down ICICI Prudential Life Insurance Co. Ltd. Insurance 142.67 0.94 0.00 0.71
equal Tata Steel Metals 7.50 1.24 0.00 0.68

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 30-Sep-2021

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:

— Kartik Soral since 22-Jan-2021

Education: He has pursued B.Tech (Chemical Engineering) from IT-BHU, Varanasi and PGDM, IIM Ahemdabad.

Experience: Prior to joining Shriram Mutual Fund, he has worked with Edelweiss Mutual Fund, L&T Ltd., Deutsche Bank and TCS.

Funds Managed:


-0.06%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 13.7859

IDCW: ₹ 13.7525


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
Lock-in Period Not Applicable
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: 14.97%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 48 Cr (As on 30-Sep-2021)
Expense: 0.60% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: 80.40%

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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