| NAV: 20 May 2022 | ₹13.44 |
| Min. SIP amount | ₹1,000 |
| Rating | NA |
| Fund size | ₹49.38Cr |
Returns and rankings
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | -1.3% | -2.1% | 7.8% | 34.4% |
| Category average | NA | NA | 24.8% | NA |
| Rank with in category | 7 | 8 | 9 | NA |
Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.0% |
| Infosys Ltd. | Technology | Equity | 5.2% |
| HDFC Bank Ltd. | Financial | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.3% |
LIC Housing Finance Ltd. | Financial | Debenture | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.8% |
| ITC Ltd. | Consumer Staples | Equity | 3.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.6% |
| Bharti Airtel Ltd. | Communication | Equity | 2.2% |
Expense ratio, exit load and tax
Expense ratio: 0.60%
Inclusive of GST
Exit load
For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns 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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Kartik SoralJan 2021 - PresentView details
Gargi Bhattacharyya BanerjeeNov 2019 - PresentView details
Fund house & investment objective
Fund house contact details
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FAQs
How to Invest in Shriram Balanced Advantage Fund Direct Growth?
You can easily invest in Shriram Balanced Advantage Fund Direct Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Shriram Balanced Advantage Fund Direct Growth provide?
The Shriram Balanced Advantage Fund Direct Growth has been there from 05 Jul 2019 and the average annual returns provided by this fund is 7.80% since its inception.
How much expense ratio is charged by Shriram Balanced Advantage Fund Direct Growth?
The term
Expense Ratio used for Shriram Balanced Advantage Fund Direct Growth 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 Growth is 0.60% as of 23 May 2022...
What is the AUM of Shriram Balanced Advantage Fund Direct Growth?
The AUM, short for Assets Under Management of Shriram Balanced Advantage Fund Direct Growth is ₹49.38Cr as of 23 May 2022.
How to Redeem Shriram Balanced Advantage Fund Direct Growth?
If you want to sell your Shriram Balanced Advantage Fund Direct Growth 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 Growth?
What is the NAV of Shriram Balanced Advantage Fund Direct Growth?
The NAV of Shriram Balanced Advantage Fund Direct Growth is ₹13.44 as of 20 May 2022.
