Name: Shriram Balanced Advantage Fund Direct Growth
Brand: Shriram Mutual Fund

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Shriram Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderately High Risk
1.09%
1M return
-0.06% 1D
1M
6M
1Y
All
 NAV: 22 Oct 2021₹13.79
Min. SIP amount₹1,000
RatingNA
Fund size₹48.06 Cr
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
Absolute returns
3M6M1YAll
Fund returns6.8%11.4%22.3%37.9%
Category averageNANA24.8%NA
Rank with in category81918NA
Understand termsinfo
Holdings (62)NameSectorInstrumentAssets
Reliance Industries Ltd.
EnergyEquity4.9%
Housing Development Finance Corpn. Ltd.
FinancialEquity4.6%
LIC Housing Finance Ltd.
FinancialDebenture4.5%
HDFC Bank Ltd.
FinancialEquity4.2%
ICICI Bank Ltd.
FinancialEquity3.6%
Kotak Mahindra Bank Ltd.
FinancialEquity3.3%
ITC Ltd.
FMCGEquity2.8%
Tata Consultancy Services Ltd.
TechnologyEquity2.4%
Hindustan Unilever Ltd.
FMCGEquity2.2%
Infosys Ltd.
TechnologyEquity2.1%
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
30 Sep 2021 - Present
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: 0.60%Inclusive of GST
Exit loadFor units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementKartik Soral
Jan 2021 - Present
View details
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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.
Also manages these schemes
Shriram Hybrid Equity Fund Direct Growth
Shriram Hybrid Equity Fund Direct IDCW
Shriram Hybrid Equity Fund Growth
Shriram Hybrid Equity 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 Direct IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Gargi Bhattacharyya Banerjee
Nov 2019 - Present
View details
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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 Hybrid Equity Fund Direct Growth
Shriram Hybrid Equity Fund Direct IDCW
Shriram Hybrid Equity Fund Growth
Shriram Hybrid Equity 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 Direct IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Rohit Kumar Gautam
Oct 2019 - Present
View details
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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.
Also manages these schemes
Shriram Hybrid Equity Fund Direct Growth
Shriram Hybrid Equity Fund Direct IDCW
Shriram Hybrid Equity Fund Growth
Shriram Hybrid Equity 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 Direct IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Alok Ranjan
Oct 2020 - Present
View details
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Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Also manages these schemes
IDBI Equity Savings Fund IDCW Monthly
IDBI Equity Savings Fund Growth
IDBI Equity Savings Fund IDCW Quarterly
IDBI India Top 100 Equity Fund IDCW
IDBI India Top 100 Equity Fund Growth
IDBI India Top 100 Equity Fund Direct Growth
IDBI India Top 100 Equity Fund Direct IDCW
IDBI Equity Savings Fund Direct Growth
IDBI Equity Savings Fund Direct IDCW Monthly
IDBI Equity Advantage Fund Direct IDCW
IDBI Equity Advantage Fund Regular IDCW
IDBI Equity Advantage Fund Direct Growth
IDBI Equity Advantage Fund Regular Growth
Shriram Hybrid Equity Fund Direct Growth
Shriram Hybrid Equity Fund Direct IDCW
Shriram Hybrid Equity Fund Growth
Shriram Hybrid Equity Fund IDCW
IDBI Flexi Cap Fund Direct IDCW
IDBI Flexi Cap Fund Regular IDCW
IDBI Flexi Cap Fund Regular Growth
IDBI Flexi Cap Fund Direct Growth
IDBI Hybrid Equity Fund Regular Growth
IDBI Hybrid Equity Fund Regular IDCW
IDBI Hybrid Equity Fund Direct Growth
IDBI Hybrid Equity Fund Direct IDCW
IDBI Midcap Fund Direct IDCW
IDBI Midcap Fund Regular IDCW
IDBI Midcap Fund Regular Growth
IDBI Midcap Fund Direct Growth
IDBI Small Cap Fund Regular Growth
IDBI Small Cap Fund Direct Growth
IDBI Small Cap Fund Direct IDCW
IDBI Small Cap Fund Regular IDCW
IDBI Focused 30 Equity Fund Regular IDCW
IDBI Focused 30 Equity Fund Direct IDCW
IDBI Focused 30 Equity Fund Regular Growth
IDBI Focused 30 Equity Fund Direct Growth
IDBI Banking & Financial Services Fund Regular IDCW
IDBI Banking & Financial Services Fund Regular Growth
IDBI Banking & Financial Services Fund Direct IDCW
IDBI Banking & Financial Services Fund Direct Growth
IDBI Long Term Value Fund Regular Growth
IDBI Long Term Value Fund Regular IDCW
IDBI Long Term Value Fund Direct Growth
Shriram Flexi Cap Fund Regular Growth
Shriram Flexi Cap Fund Regular IDCW
Shriram Flexi Cap Fund Direct Growth
Shriram Flexi Cap Fund Direct IDCW
IDBI Dividend Yield Fund Regular Growth
IDBI Dividend Yield Fund Regular IDCW
IDBI Dividend Yield Fund Direct IDCW
IDBI Dividend Yield Fund Direct Growth
Shriram Long Term Equity Fund Direct Growth
Shriram Long Term Equity Fund Regular Growth
Shriram Long Term Equity Fund Direct IDCW
IDBI Healthcare Fund Direct IDCW
IDBI Healthcare Fund Direct Growth
IDBI Healthcare Fund Regular Growth
IDBI Healthcare Fund Regular IDCW
Shriram Balanced Advantage Fund Regular IDCW
Shriram Balanced Advantage Fund Regular Growth
Shriram Balanced Advantage Fund Direct Growth
Fund house & investment objective
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Shriram Mutual Fund
Rank (total assets)#38 in India
Total AUM199.67 Cr
Date of Incorporation05 Dec 1994
Shriram Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to inve
Shriram Balanced Advantage Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹200 Cr and the Latest NAV as of 22 Oct 2021 is ₹13.79.
The Shriram Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days....Read more
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
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.
...Read more
Fund benchmarkCRISIL Hybrid 35+65 Aggressive Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
CK-6, 2nd Floor, Sector II, Salt Lake City, Kolkata - 700091
Phone
033-23373012
Launch Date
05 Dec 1994
E-mail
[email protected]
Website
NA
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
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	3M	6M	1Y	All
Fund returns	6.8%	11.4%	22.3%	37.9%
Category average	NA	NA	24.8%	NA
Rank with in category	8	19	18	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	4.9%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.6%
LIC Housing Finance Ltd.	Financial	Debenture	4.5%
HDFC Bank Ltd.	Financial	Equity	4.2%
ICICI Bank Ltd.	Financial	Equity	3.6%
Kotak Mahindra Bank Ltd.	Financial	Equity	3.3%
ITC Ltd.	FMCG	Equity	2.8%
Tata Consultancy Services Ltd.	Technology	Equity	2.4%
Hindustan Unilever Ltd.	FMCG	Equity	2.2%
Infosys Ltd.	Technology	Equity	2.1%

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

Rating	NA
Fund size	₹48.06 Cr

Rank (total assets)	#38 in India
Total AUM	199.67 Cr