Shriram Balanced Advantage Fund Direct IDCW

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 ₹736 Cr and the Latest NAV as of 20 Dec 2024 is ₹18.93. The Shriram Balanced Advantage Fund Direct IDCW is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. ;

Investment Objective

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. ;