Fund Details
Shriram Hybrid Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.65% |
| NAV | ₹21.59 (22 Apr 2021) |
|---|---|
| Fund Started | 29 Nov 2013 |
| Fund Size | ₹58 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.8% |
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| LIC Housing Finance Ltd. | Financial | Debenture | 5.7% |
| HDFC Bank Ltd. | Financial | Equity | 5.3% |
| Infosys Ltd. | Technology | Equity | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.3% |
| REC Ltd. | Financial | Bonds | 3.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
Fund Managers
Shriram Hybrid Equity Fund Direct Growth Details
Shriram Hybrid Equity Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 29 Nov 2013. Kartik Soral, Gargi Bhattacharyya Banerjee is the Current Fund Manager of Shriram Hybrid Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹58 Cr and the Latest NAV as of 22 Apr 2021 is ₹21.59.
The Shriram Hybrid Equity Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units more than 12% of the allotted, an exit load of 1% will be charged if redeemed within 365 days
Investment Objective
The scheme seeks to generate long term Capital appreciation and current income with reduced volatility by investing in a judicious mix of a diversified portfolio of equity and Equity related investments, debt and money market instruments.
Tax Implications
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.
