| Launch date | 18 Nov 2024 |
| Allotment date | 09 Dec 2024 |
| End date | 02 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 3 months
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | Not Supported |
Fund management
Gargi Bhattacharyya BanerjeeNov 2024 - PresentView details
Deepak RamarajuNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #38 in India |
|---|---|
| Total AUM | ₹735.85Cr |
| Date of Incorporation | 05 Dec 1994 |
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Shriram Multi Sector Rotation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 05 Dec 1994. Gargi Bhattacharyya Banerjee is the Current Fund Manager of Shriram Multi Sector Rotation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹736 Cr and the Latest NAV as of 18 Nov 2024 is ₹10.00. The Shriram Multi Sector Rotation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 3 months ;
Investment Objective
The scheme seeks to generate long-term capital appreciation by employing a quantamental approach of investing in equity and equity derivatives of specific sectors that are trending due to better earnings expectation. The allocation among sectors and stock selection will be decided by the in-house proprietary quantitative model and further augmented with fundamental analysis. ;
| Fund benchmark | NIFTY 500 Total Return Index |
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