How to Invest in Shriram Balanced Advantage Fund Direct IDCW?

You can easily invest in Shriram Balanced Advantage Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Shriram Balanced Advantage Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Shriram Balanced Advantage Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Shriram Balanced Advantage Fund Direct IDCW provide?

The Shriram Balanced Advantage Fund Direct IDCW has been there from 05 Jul 2019 and the average annual returns provided by this fund is 13.16% since its inception.

How much expense ratio is charged by Shriram Balanced Advantage Fund Direct IDCW?

The term Expense Ratio used for Shriram Balanced Advantage Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Shriram Balanced Advantage Fund Direct IDCW is 0.65% as of 28 Sep 2023...

What is the AUM of Shriram Balanced Advantage Fund Direct IDCW?

The AUM, short for Assets Under Management of Shriram Balanced Advantage Fund Direct IDCW is ₹42.10Cr as of 28 Sep 2023.

How to Redeem Shriram Balanced Advantage Fund Direct IDCW?

If you want to sell your Shriram Balanced Advantage Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Shriram Balanced Advantage Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Shriram Balanced Advantage Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Shriram Balanced Advantage Fund Direct IDCW?

The NAV of Shriram Balanced Advantage Fund Direct IDCW is ₹15.47 as of 27 Sep 2023.

What is the PE and PB ratio of Shriram Balanced Advantage Fund Direct IDCW?

The PE ratio ratio of Shriram Balanced Advantage Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Shriram Balanced Advantage Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Shriram Balanced Advantage Fund Direct IDCW
Hybrid
Dynamic Asset Allocation
Moderately High Risk
Payout
12.86%
3Y annualised
+0.60% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Sep 2023₹15.47
Min. SIP amount₹1,000
Rating2
Fund size₹42.10Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA13.2%12.9%11.0%
Category averageNA13.4%13.7%NA
Rank with in categoryNA2618NA
Understand terms
Holdings (58)NameSectorInstrumentAssets
REC Ltd.
FinancialDebenture10.7%
LIC Housing Finance Ltd.
FinancialDebenture5.2%
GOI
SovereignGOI Sec4.6%
HDFC Bank Ltd.
FinancialEquity3.8%
ICICI Bank Ltd.
FinancialEquity3.3%
Reliance Industries Ltd.
EnergyEquity2.9%
REC Ltd.
FinancialEquity2.2%
Larsen & Toubro Ltd.
ConstructionEquity2.2%
Power Finance Corporation Ltd.
FinancialEquity2.0%
ITC Ltd.
Consumer StaplesEquity1.9%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
25 Sep 2023 - Present
0.65%
24 Sep 2023 - 25 Sep 2023
0.65%
23 Sep 2023 - 24 Sep 2023
0.65%
22 Sep 2023 - 23 Sep 2023
0.65%
21 Sep 2023 - 22 Sep 2023
0.65%
20 Sep 2023 - 21 Sep 2023
0.65%
19 Sep 2023 - 20 Sep 2023
0.65%
18 Sep 2023 - 19 Sep 2023
0.65%
17 Sep 2023 - 18 Sep 2023
0.65%
16 Sep 2023 - 17 Sep 2023
0.65%
15 Sep 2023 - 16 Sep 2023
0.65%
14 Sep 2023 - 15 Sep 2023
0.65%
13 Sep 2023 - 14 Sep 2023
0.65%
12 Sep 2023 - 13 Sep 2023
0.65%
11 Sep 2023 - 12 Sep 2023
0.65%
10 Sep 2023 - 11 Sep 2023
0.65%
09 Sep 2023 - 10 Sep 2023
0.65%
08 Sep 2023 - 09 Sep 2023
0.65%
07 Sep 2023 - 08 Sep 2023
0.65%
06 Sep 2023 - 07 Sep 2023
0.65%
05 Sep 2023 - 06 Sep 2023
0.65%
04 Sep 2023 - 05 Sep 2023
0.65%
03 Sep 2023 - 04 Sep 2023
0.65%
02 Sep 2023 - 03 Sep 2023
0.65%
01 Sep 2023 - 02 Sep 2023
0.65%
31 Aug 2023 - 01 Sep 2023
0.60%
31 Jul 2023 - 31 Aug 2023
0.60%
30 Jun 2023 - 31 Jul 2023
0.60%
31 May 2023 - 30 Jun 2023
0.60%
30 Apr 2023 - 31 May 2023
0.60%
31 Mar 2023 - 30 Apr 2023
0.60%
28 Feb 2023 - 31 Mar 2023
0.60%
31 Jan 2023 - 28 Feb 2023
0.60%
31 Dec 2022 - 31 Jan 2023
0.60%
30 Nov 2022 - 31 Dec 2022
0.60%
30 Nov 2022 - 30 Nov 2022
0.60%
30 Nov 2022 - 30 Nov 2022
0.60%
31 Oct 2022 - 30 Nov 2022
0.60%
31 Oct 2022 - 31 Oct 2022
0.60%
31 Oct 2022 - 31 Oct 2022
0.60%
30 Sep 2022 - 31 Oct 2022
0.60%
30 Sep 2022 - 30 Sep 2022
0.60%
30 Sep 2022 - 30 Sep 2022
0.60%
31 Aug 2022 - 30 Sep 2022
0.60%
31 Aug 2022 - 31 Aug 2022
0.60%
31 Jul 2022 - 31 Aug 2022
0.60%
31 Jul 2022 - 31 Jul 2022
0.60%
30 Jun 2022 - 31 Jul 2022
0.60%
30 Jun 2022 - 30 Jun 2022
0.60%
31 May 2022 - 30 Jun 2022
0.60%
31 May 2022 - 31 May 2022
0.60%
30 Apr 2022 - 31 May 2022
0.60%
30 Apr 2022 - 30 Apr 2022
0.60%
31 Mar 2022 - 30 Apr 2022
0.60%
31 Mar 2022 - 31 Mar 2022
0.60%
28 Feb 2022 - 31 Mar 2022
0.60%
28 Feb 2022 - 28 Feb 2022
0.60%
31 Jan 2022 - 28 Feb 2022
0.60%
31 Jan 2022 - 31 Jan 2022
0.60%
31 Dec 2021 - 31 Jan 2022
0.60%
30 Nov 2021 - 31 Dec 2021
0.60%
31 Oct 2021 - 30 Nov 2021
0.60%
30 Sep 2021 - 31 Oct 2021
0.60%
31 Aug 2021 - 30 Sep 2021
0.60%
31 Jul 2021 - 31 Aug 2021
0.60%
30 Jun 2021 - 31 Jul 2021
0.60%
31 May 2021 - 30 Jun 2021
0.60%
30 Apr 2021 - 31 May 2021
0.60%
31 Mar 2021 - 30 Apr 2021
0.60%
28 Feb 2021 - 31 Mar 2021
0.60%
31 Jan 2021 - 28 Feb 2021
0.60%
31 Dec 2020 - 31 Jan 2021
0.60%
30 Nov 2020 - 31 Dec 2020
0.60%
31 Oct 2020 - 30 Nov 2020
0.60%
30 Sep 2020 - 31 Oct 2020
0.60%
31 Aug 2020 - 30 Sep 2020
0.60%
31 Jul 2020 - 31 Aug 2020
0.60%
30 Jun 2020 - 31 Jul 2020
0.60%
31 May 2020 - 30 Jun 2020
0.60%
30 Apr 2020 - 31 May 2020
0.60%
31 Mar 2020 - 30 Apr 2020
0.60%
29 Feb 2020 - 31 Mar 2020
0.60%
31 Jan 2020 - 29 Feb 2020
0.60%
31 Dec 2019 - 31 Jan 2020
0.60%
30 Nov 2019 - 31 Dec 2019
0.60%
31 Oct 2019 - 30 Nov 2019
0.60%
30 Sep 2019 - 31 Oct 2019
0.60%
31 Aug 2019 - 30 Sep 2019
0.60%
31 Jul 2019 - 31 Aug 2019
0.60%
Expense ratio, exit load and taxExpense ratio: 0.65%Inclusive of GST
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementGargi Bhattacharyya Banerjee
Nov 2019 - Present
View details
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
Also manages these schemes
Shriram Aggressive Hybrid Fund Direct Growth
Shriram Aggressive Hybrid Fund Direct IDCW
Shriram Aggressive Hybrid Fund Growth
Shriram Aggressive Hybrid Fund IDCW
Shriram Flexi Cap Fund Regular Growth
Shriram Flexi Cap Fund Regular IDCW
Shriram Flexi Cap Fund Direct Growth
Shriram Flexi Cap Fund Direct IDCW
Shriram Long Term Equity Fund Direct Growth
Shriram Long Term Equity Fund Regular Growth
Shriram Long Term Equity Fund Regular IDCW
Shriram Long Term Equity Fund Direct IDCW
Shriram Balanced Advantage Fund Direct IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Shriram Overnight Fund Regular IDCW Daily
Shriram Overnight Fund Regular IDCW Weekly
Shriram Overnight Fund Regular IDCW Monthly
Shriram Overnight Fund Direct IDCW Daily
Shriram Overnight Fund Direct Growth
Shriram Overnight Fund Direct IDCW Weekly
Shriram Overnight Fund Direct IDCW Fortnightly
Shriram Overnight Fund Regular Growth
Shriram Overnight Fund Regular IDCW Fortnightly
Shriram Overnight Fund Direct IDCW Monthly
Deepak Ramaraju
Aug 2022 - Present
View details
Education
Mr. Ramaraju has done B.E.(Chemical Engineering).
Experience
Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology Center as a researcher and co-inventor.
Also manages these schemes
Shriram Aggressive Hybrid Fund Direct Growth
Shriram Aggressive Hybrid Fund Direct IDCW
Shriram Aggressive Hybrid Fund Growth
Shriram Aggressive Hybrid Fund IDCW
Shriram Flexi Cap Fund Regular Growth
Shriram Flexi Cap Fund Regular IDCW
Shriram Flexi Cap Fund Direct Growth
Shriram Flexi Cap Fund Direct IDCW
Shriram Long Term Equity Fund Direct Growth
Shriram Long Term Equity Fund Regular Growth
Shriram Long Term Equity Fund Regular IDCW
Shriram Long Term Equity Fund Direct IDCW
Shriram Balanced Advantage Fund Direct IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Shriram Overnight Fund Regular IDCW Daily
Shriram Overnight Fund Regular IDCW Weekly
Shriram Overnight Fund Regular IDCW Monthly
Shriram Overnight Fund Direct IDCW Daily
Shriram Overnight Fund Direct Growth
Shriram Overnight Fund Direct IDCW Weekly
Shriram Overnight Fund Direct IDCW Fortnightly
Shriram Overnight Fund Regular Growth
Shriram Overnight Fund Regular IDCW Fortnightly
Shriram Overnight Fund Direct IDCW Monthly
Fund house & investment objective
Shriram Mutual Fund
Rank (total assets)#38 in India
Total AUM₹277.58Cr
Date of Incorporation05 Dec 1994
 Shriram Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 05 Dec 1994. Kartik Soral is the Current Fund Manager of Shriram Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹278 Cr and the Latest NAV as of 27 Sep 2023 is ₹15.47.
The Shriram Balanced Advantage Fund Direct IDCW is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Launch Date
05 Dec 1994
E-mail
NA
Website
Shriram Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Shriram Balanced Advantage Fund Direct IDCW
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	13.2%	12.9%	11.0%
Category average	NA	13.4%	13.7%	NA
Rank with in category	NA	26	18	NA

Name	Sector	Instrument	Assets
REC Ltd.	Financial	Debenture	10.7%
LIC Housing Finance Ltd.	Financial	Debenture	5.2%
GOI	Sovereign	GOI Sec	4.6%
HDFC Bank Ltd.	Financial	Equity	3.8%
ICICI Bank Ltd.	Financial	Equity	3.3%
Reliance Industries Ltd.	Energy	Equity	2.9%
REC Ltd.	Financial	Equity	2.2%
Larsen & Toubro Ltd.	Construction	Equity	2.2%
Power Finance Corporation Ltd.	Financial	Equity	2.0%
ITC Ltd.	Consumer Staples	Equity	1.9%

Rank (total assets)	#38 in India
Total AUM	₹277.58Cr

Date of Incorporation	05 Dec 1994

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

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Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹42.10Cr

Shriram Balanced Advantage Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (58)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.65%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Gargi Bhattacharyya BanerjeeNov 2019 - PresentView details

Deepak RamarajuAug 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Gargi Bhattacharyya Banerjee
Nov 2019 - Present
View details

Deepak Ramaraju
Aug 2022 - Present
View details