Shriram
Balanced Advantage Fund

(An open ended dynamic asset allocation fund)

Terms and conditions

What is
Shriram Balanced Advantage Fund ?

Shriram Balanced Advantage Fund is an open ended dynamic asset allocation fund investing in equity, equity related securities, as well as debt and money market instruments while managing risk through active allocation and hedged equity.

Equity Returns + Managing Risk Through Active Allocation = Shriram Balanced Advantage Fund

This product is suitable for investors who are seeking:

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Capital Appreciation along with generation of income over a long period of time.
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Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.
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Very High Risk.

*Investors should consult their financial advisor if in doubt about whether the product is suitable for them.

Why Invest in Balanced Advantage Fund?

Benefits

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Lower Volatility: Equity and Debt Allocation are adjusted according to changing market environment
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Steady Returns.
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Rules out the need to time the market
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Eliminates investor emotional biases
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Diversified Portfolio - Softens impact of sectoral losses.
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Active Management.
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Long-term Outlook

Why Now?

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Domestic economy strengthening since 2014
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Global economy slowdown
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Earnings growth is weak and valuations are stretched

How does Shriram Balanced Advantage Fund construct its portfolio?

Equity:

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Blend of Value and Growth Investment Style - Bottom-up approach for equity and high quality fixed income instruments for debt.
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Closely observing market trends
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Maintaining long term perspective

Debt:

Selecting AAA rated corporates, public companies and GSEC

Actively managing duration to reflect fund manager views

How does Shriram Balanced Advantage Fund adjust its exposure between Equity and Debt to manage risk?

Shriram BAF actively calibrates risk in the Equity markets based on three key factors:

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Equity market valuations
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Prevailing Interest Rates
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Market Trend

Equity exposure is reduced with the rising Equity Valuations and Interest Rates while exposure is reduced with falling market trend

Returns of
Regular Plan

How has the fund performed?

Returns of Regular Plan - Growth Option as on September 25, 2023
Date of inception: 05-Jul-2019
AUM Rs.(in crore) 39.04 NAV Rs. 14.2400

Date

Period

NAV (Rs.) Per Unit

Scheme Returns (%)

Scheme Benchmark Returns (%)

Additional Benchmark (NIFTY50) Returns (%)

Value of Investment of Rs.10000
Scheme	Scheme Benchmark	Additional Benchmark (NIFTY50)

September 25, 2022

Last 1 Year

13.2103

7.79

11.39

14.71

10,779

11,139

11,471

September 25, 2020

Last 3 Year

10.5404

10.55

13.87

22.66

13,510

14,765

18,456

Last 5 Year

Last 10 Year

July 05, 2019

Since Inception

10.0000

8.72

11.12

14.19

14,240

15,619

17,524

Returns of
Direct Plan

Returns of Direct Plan - Growth Option as on September 25, 2023
Date of inception: 05-Jul-2019
AUM Rs.(in crore) 2.38NAV Rs. 15.4288

Date

Period

NAV (Rs.) Per Unit

Scheme Returns (%)

Scheme Benchmark Returns (%)

Additional Benchmark (NIFTY50) Returns (%)

Value of Investment of Rs.10000
Scheme	Scheme Benchmark	Additional Benchmark (NIFTY50)

September 25, 2022

Last 1 Year

14.0519

9.80

11.39

14.71

10,980

11,139

11,471

September 25, 2020

Last 3 Year

10.8041

12.61

13.87

22.66

14,281

14,765

18,456

Last 5 Year

Last 10 Year

July 05, 2019

Since Inception

10.0000

10.80

11.12

14.19

15,429

15,619

17,524

NIFTY 50 Hybrid Composite Debt 50:50 Index is the scheme benchmark.

As per SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2018/04 dated Jan 04, 2018, the performance of the scheme is benchmarked to the Total Return variant of the Index

The returns are Compounded Annual Growth Returns (CAGR) for the past 1 year, 3 years & since inception and simple annualized for less than 1 year. Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan-Growth Option & Direct Plan-Growth Option.

Performance of Income Distribution cum Capital Withdrawal (IDCW) option would be Net of Dividend distribution tax, if any. For computation of return since inception (%) the allotment NAV has been taken as Rs. 10.00. Point-to-point returns on a standard investment of Rs. 10,000/- are in addition to CAGR for the Scheme.

Past performance may or may not be sustained in future. Load is not considered for computation of returns. In case, the start/end date of the concerned period is a non business date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period.

The scheme is being currently managed by Mr. Deepak Ramaraju along with Ms. Gargi Bhattacharyya Banerjee with effect from August 20, 2022

Why should you choose
Shriram Balanced Advantage Fund ?

Shriram Balanced Advantage Fund has been constructed with the motive to eliminate some of the major challenges investors face while handling their portfolio on their own. Our portfolio is well-diversified, benchmark-aware and true to mandate. We act with a sense of duty, knowing that as fund managers, the most important aspect of our job is to preserve the capital by managing risk efficiently. Our fund is diligently monitored and actively diversified, making it ideal for investors who seek steady long term capital appreciation despite volatile market conditions.

Frequently Asked Questions

What is Shriram Balanced Advantage Fund?

An open ended dynamic asset allocation fund. The fund shall be investing in equities, arbitrage opportunities, derivative strategies and debt and money market instruments while managing risk through active allocation.

What is the Investment Objective?

The primary objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

What is the suitability of this scheme?

The scheme is suitable for investors who have the objective of capital appreciation along with generation of income over a long period of time with lower volatility.

What is the asset allocation?

The scheme shall invest a minimum of 65% and a maximum of 100% in equity and equity related instruments. The balance, between 0% to 35%, would stay invested in Debt (including money market instruments, securitized debt & units of debt and liquid category schemes).

What is the Fund Management Process & Investment Style?

The Fund follows a blend of value and growth style of investing. The fund will follow a bottom-up approach to stock- picking and choose companies across sectors. The debt portion of the scheme will be invested in high quality fixed income instruments.

Who is the Fund Manager of the scheme?

The scheme is being currently managed by Mr. Deepak Ramaraju along with Ms. Gargi Bhattacharyya Banerjee

What is the minimum investment amount?

Minimum investment amount is Rs. 5,000/- and in multiples of Re.1/- thereafter. Under Systematic Investment Plan, the minimum amount is Rs. 1,000/- monthly and Rs. 3,000/- quarterly

Is there any entry – exit load?

Entry Load

There is no entry load

Exit Load

If redeemed / switched-out within 90 days from the date of allotment:-

- Upto 12% of units: Nil

- More than 12% of units: 1% of applicable Net Asset Value (NAV)

If redeemed/switched-out after 90 days from the date of allotment: Nil

What is the tax treatment of investment of Shriram Balanced Advantage Fund?

Long-term capital gains exceeding Rs. 1 lakh shall be taxed at the rate of 10% without allowing the benefit of any indexation.

Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. With regard to taxation, investors are advised to consult their tax consultants to know the consequences of tax, if any. Income Tax benefits to the mutual fund & to the unit-holder are in accordance with prevailing tax law. The investor shall be solely responsible for any action taken based on this document. Shriram Mutual Fund, Shriram Asset Management Company Limited, Board of Trustees-Shriram Mutual Fund and their associates shall not be liable in any manner for the consequences of such action taken by the investor.
Risk Factors:All investments in mutual funds and securities are subject to market risks and the NAV of the Scheme may go up or down depending upon the factors and forces affecting the securities market. There can be no assurance that the Scheme's investment objective will be achieved. The past performance of the Mutual Fund is not indicative of the future performance of the Scheme. The scheme inception date was July 5, 2019. The Sponsor is not responsible or liable for any loss resulting out of the operation of the Scheme beyond the initial contribution of Rs.1 Lakh made towards setting up the Mutual Fund. Shriram Balanced Advantage Fund is only the name of the Scheme and does not in any manner indicate the quality of the Scheme or its future prospects or returns. There is no guarantee or assurance as to any return on investment of the unit holders. The investments made by the Scheme are subject to external risks on transfer, pricing, trading volumes, settlement risks, etc. of securities. Please refer to the Offer Document/Statement of Additional Information/Key Information Memorandum of the scheme before investing.

Our
Fund Managers

Mr. Deepak Ramaraju
Senior Fund Manager

Mr. Deepak Ramaraju serves as the Senior Fund Manager of Shriram Asset Management Company Ltd. Mr. Deepak comes with a diverse experience of over 20 years. He is a chemical engineer by academic background. Prior to joining Shriram Asset Management Company, Mr. Deepak was advising Sanlam Group of South Africa on their India focused fund and was part of their global equity research team. He has been associated with equity markets for the past 16 years and prior to that Mr. Deepak was a researcher and co inventor at GE India Technology Center, Bangalore with 10 patents as co-inventor to his credit.

Ms. Gargi Bhattacharyya Banerjee
Fund Manager

Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 19 years in her professional career. Ms. Gargi Bhattacharyya Banerjee received her Bachelor of Science with Economics (H) and Master of Business Management with specialization in Finance from the University of Calcutta. She joined as Research Manager in Shriram Asset Management Company Limited in November 2012 and before that, she has held a key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.