| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.65% |
| NAV | ₹17.59 (10 Jul 2020) |
|---|---|
| Fund Started | 29 Nov 2013 |
| Fund Size | ₹53 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| LIC Housing Finance Ltd. | Financial | Debenture | 6.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| Sanofi India Ltd. | Healthcare | Equity | 5.7% |
| REC Ltd. | Financial | Bonds | 4.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Avenue Supermarts Ltd. | Services | Equity | 3.2% |
| ITC Ltd. | FMCG | Equity | 2.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.4% |
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 ₹53 Cr and the Latest NAV as of 10 Jul 2020 is ₹17.59.
The Shriram Hybrid Equity 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 allotted, an exit load of 1% will be charged if redeemed within 365 days
The investment objective of the scheme would be to generate long term Capital appreciation and current income with reduced volatility by investing in a judicious mix of a diviersified portfolio of equity related investmnets, debt and money market instruments.
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.