Fund Details
Shriram Balanced Advantage Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.60% |
| NAV | ₹12.92 (23 Jul 2021) |
|---|---|
| Fund Started | 05 Jul 2019 |
| Fund Size | ₹47 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.3% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| ICICI Bank Ltd. | Financial | Equity | 3.5% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.3% |
| Axis Bank Ltd. | Financial | Equity | 1.7% |
Fund Managers
Shriram Balanced Advantage Fund Direct Growth Details
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 Jul 2019. 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 ₹47 Cr and the Latest NAV as of 23 Jul 2021 is ₹12.92.
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.
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.
