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.

Balanced Advanced fund Riskometer

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:

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    Selecting AAA rated corporates, public companies and GSEC

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    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 January 25, 2023
    Date of inception: 05-Jul-2019

    AUM Rs.(in crore) 46.96 NAV Rs. 13.2353
    DatePeriodNAV (Rs.) Per UnitScheme Returns (%) Scheme Benchmark Returns (%) Additional Benchmark (NIFTY50) Returns (%)
    Value of Investment of Rs.10000
    SchemeScheme BenchmarkAdditional Benchmark (NIFTY50)
    January 25, 2022 Last 1 Year13.01081.734.574.90
    10,17310,45710,490
    January 25, 2020 Last 3 Year10.44638.2011.3714.80
    12,67013,81815,135
    NA Last 5 YearNANANANA
    NANANA
    NA Last 10 YearNANANANA
    NANANA
    July 05, 2019 Since Inception10.00008.1910.9013.70
    13,23514,45415,799

    Returns of
    Direct Plan


    Returns of Direct Plan - Growth Option as on January 25, 2023
    Date of inception: 05-Jul-2019

    AUM Rs.(in crore) 2.07NAV Rs. 14.1671
    DatePeriodNAV (Rs.) Per UnitScheme Returns (%) Scheme Benchmark Returns (%) Additional Benchmark (NIFTY50) Returns (%)
    Value of Investment of Rs.10000
    SchemeScheme BenchmarkAdditional Benchmark (NIFTY50)
    January 25, 2022 Last 1 Year13.67503.604.574.90
    10,36010,45710,490
    January 25, 2020 Last 3 Year10.569510.2511.3714.80
    13,40413,81815,135
    NA Last 5 YearNANANANA
    NANANA
    NA Last 10 YearNANANANA
    NANANA
    July 05, 2019 Since Inception10.000010.2710.9013.70
    14,16714,45415,799

    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?

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    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?

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    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?

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    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?

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    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?

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    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?

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

    What is the minimum investment amount?

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    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?

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    There is no entry load. Exit load is chargeable @1% of applicable NAV if more than 12 % of units, held by the investor, are redeemed/switched out within 365 days from the date of allotment.

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

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    As per the current tax law, dividends are tax-free in the hands of the investor. 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 Company
    Team Members

    Deepak Ramaraju

    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.

    Gargi Bhattacharyya Banerjee

    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.

    Rohit Kumar Chawda

    Mr. Rohit Kumar Chawda
    Chief Operating Officer

    Mr. Rohit Kumar Chawda has an experience of 26 years in various domains like Risk Management, Compliance, Accounts, Operations and Client servicing. He has held several important positions such as Director, Chief Operating Officer and Sr. Vice President in various asset management companies in India like IDBI, SBI, ICICI Prudential, Tata, Mirae, Shriram and Peerless. His profile has evolved around control and risk free operations. During his last stint with Peerless Funds Management Company Limited, he has developed unique risk frame work covering Operational, Regulatory, Reputation, and Financial risk arising out of each activity across all departments of Asset Management Company. Mr. Chawda is a graduate in the field of Commerce from Sambalpur University, Odisha.

    Chandur Bhaya

    Mr. Chandur Bhaya
    Head Sales (Retail)

    Mr. Chandur Bhaya experience and insights have been honed more than 39 years of association in Capital Market/Financial services industry. His skill sets of scaling distribution, developing newer markets/products, investment strategy, technical knowledge, training and development of channel partners, have been much appreciated within the industry. His corporate journey has been with reputed organizations like JM Morgan Stanley Retail Services, JM Asset Management Co, Metlife Life Insurance, Citigroup Global Markets, Shriram Insight Share Brokers, IFAN Finserv (erstwhile ING Financial Services). His academics include a post graduation in electronics, MMS from SP Jain Institute of Management and Research , and he has also done a MDP from Wharton School of Finance, Pennsylvania - USA.