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Shriram Balanced Advantage Fund

Hybrid

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

Historical NAV

Shriram Balanced Advantage Fund

₹ 17.55

Jun 14, 2024

27.38 % p.a.

1 Year returns

Past performance may or may not be sustained in future

Returns

  • 1Y
  • 3Y
  • 5Y
  • 10Y
  • Since Inception
  • 1Y
  • 3Y
  • 5Y
  • 10Y
  • Since Inception
Worth of investment 1 Year

Lumpsum

1 Lakh Investment Grown to

₹ 1 Lakh

SIP

₹ 10000 Monthly SIP Grown to

₹ 10.29 Lakh

Disclaimer: Past performance may or may not be sustained in future. For performance in SEBI Format please refer performance section. 

This fund is ideal for you if you are looking for

Dream Vacation

Plan this Goal

Why invest in Shriram Balanced Advantage Fund?

  • beating-return

    Lower volatility: As equity and debt allocation are adjusted according to the changing market environment, this fund is less volatile than other equity funds.

  • downside-protection

    Steady returns: The fund's long-term outlook and active management can provide you with steady returns.

  • active-fund

    Diversified portfolio: The fund's investment in a blend of value and growth investment style for equity and high-quality fixed income instruments for debt can soften the impact of sectoral losses.

How to invest in Shriram Balanced Advantage Fund?

  • 1

    Register and create a folio by completing KYC verification and bank account authentication.

  • 2

    Select the mutual fund you wish to invest in, enter the amount you want to invest.

  • 3

    Make the payment.

  • 4

    Receive a confirmation of your investment.

How does the fund work

Amit, a software engineer, chose Shriram Balanced Advantage Fund to create long-term wealth and earn stable returns.

He invested monthly in it through the Systematic Investment Plan (SIP).

By wisely managing equity and debt investments, his portfolio steadily grew. In a few years, his wealth surged, and he was able to achieve his financial goals.

Disclaimer: The performance of any mutual fund is subject to market risks and may vary from person to person. The above-mentioned story is for illustrative purposes only and should not be considered as a guarantee or assurance of the performance of any mutual fund. It is important to do your own research and consult with a financial advisor before making any investment decisions. 

This product is suitable for the following investors* who want:

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

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

Riskometer

Investors understand that their principal will be at very high risk

Benchmark Riskometer

Benchmark Riskometer is at high risk

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

Fund Details

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Asset under management

₹ 49.60 Cr
₹ 49.60 Cr
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Lock-in period

No lock-in
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Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index
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Inception Date

05-Jul-2019
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Scheme options

Regular Plan somthing went wrong

  • (i) Growth
  • (ii) IDCW (Payout/Reinvestment)

Direct Plan somthing went wrong

  • (i) Growth
  • (ii) IDCW (Payout/Reinvestment)
min-invest

Minimum Investment

₹ 5000

and in multiples of ₹1/- thereafter

min-invest

Minimum Additional Purchase Amount: 

₹ 1000

and in multiples of ₹1/- thereafter

Note: In accordance with the regulatory requirement, the minimum application amount and minimum redemption amount will not be applicable for investment made in schemes of the Fund in compliance with the SEBI circular no. SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/553 dated April 28, 2021 read along with SEBI circular no. SEBI/HO/IMD/IMD- I/DOF5/P/CIR/2021/629 dated September 20, 2021.

sip

SIP

Monthly

₹1000 and in multiples of Re. 1/- thereafter

Quarterly

₹3000 and in multiples of Re. 1/- thereafter

enty-load

Entry load

There is no entry load

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

expense

Expense ratio

2.25%

Regular Growth

0.55%

Direct Growth

Fund Performance

Performance of Shriram Balanced Advantage Fund - Regular Growth as of Jun 11, 2024

Returns of Direct Plan - Growth Option as on 11-Jun-2024

Date of inception 05-Jul-2019

NAV Rs. 19.06AUM Rs.(in crore)49.60
DatePeriodNav (Rs.) Per UnitScheme Returns (%)Scheme Benchmark Returns (%)

Additional Benchmark (NIFTY50) Returns (%)

Current value of ₹ 10,000 invested
SchemeScheme Benchmark

Additional Benchmark (NIFTY50)

Jun 09, 2023Last 1 Year14.691629.72%16.73%26.82%₹12,972₹ 11,673₹ 12,682
Jun 11, 2021Last 3 Year12.922513.83%10.35%15.13%₹14,748₹ 13,438₹ 15,260
Jun 11, 2019Last 5 YearNANANANANANANA
Jun 11, 2014Last 10 YearNANANANANANANA
Jul 05, 2019Since Inception(05 Jul 2019)10.000013.95%12.04%16.08%₹19,058₹ 17,538₹ 20,889
Returns of Regular Plan - Growth Option as on 11-Jun-2024

Date of inception 05-Jul-2019

NAV Rs. 17.37AUM Rs.(in crore)49.60
DatePeriodNav (Rs.) Per UnitScheme Returns (%)Scheme Benchmark Returns (%)

Additional Benchmark (NIFTY50) Returns (%)

Current value of ₹ 10,000 invested
SchemeScheme Benchmark

Additional Benchmark (NIFTY50)

Jun 09, 2023Last 1 Year13.632527.38%16.73%26.82%₹12,738₹11,673₹ 12,682
Jun 11, 2021Last 3 Year12.436911.77%10.35%15.13%₹13,963₹13,438₹ 15,260
Jun 11, 2019Last 5 YearNANANANANANANA
Jun 11, 2014Last 10 YearNANANANANANANA
Jul 05, 2019Since Inception10.000011.82%12.04%16.08%₹17,365₹17,538₹ 20,889

Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. 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.

Fund Portfolio

Sector Allocation

(as on 09 Feb 2024)

  • Equity

    67.41%
  • Debt Instruments

    4.31%
  • Debenture

    10.29%
  • Money Market Instruments

    13.13%
  • Others

    4.86%
Sector Allocation

(as on 09 Feb 2024)

  • Banks

    12.38%
  • Petroleum Products

    6.47%
  • IT - Software

    7.35%
  • Construction

    4.98%
  • Automobiles

    6.85%
Holdings (51)
NameSectorInstrumentAssets
RECL 08.54% (Series V Goi Serv.) 15-Nov-2028[ICRA]AAADebenture
HDFC Bank Ltd.BanksEquity
Reliance Industries Ltd.Petroleum ProductsEquity
Cash, Cash Equivalents and Net Current AssetsOthers
9.22% LIC HF Ltd - Mat 161024CRISIL AAADebenture
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Holdings

(as on 09 Feb 2024)

NameSectorInstrumentAssets
RECL 08.54% (Series V Goi Serv.) 15-Nov-2028[ICRA]AAADebenture
HDFC Bank Ltd.BanksEquity
Reliance Industries Ltd.Petroleum ProductsEquity
Cash, Cash Equivalents and Net Current AssetsOthers
9.22% LIC HF Ltd - Mat 161024CRISIL AAADebenture
6.54% GOI 17 JAN 2032SovereignDebt Instruments
ICICI Bank Ltd.BanksEquity
Infosys Ltd.IT - SoftwareEquity
Larsen & Toubro Ltd.ConstructionEquity
Tata Motors Ltd DVRAutomobilesEquity
Bharti Airtel Ltd.Telecom - ServicesEquity
NTPC Ltd.PowerEquity
TREPS - 01FEB2024Money Market Instruments
Tata Consultancy Services Ltd.IT - SoftwareEquity
Axis Bank Ltd.BanksEquity
Bajaj Auto Ltd.AutomobilesEquity
Canara BankBanksEquity
Tata Consumer Products Ltd.Agricultural Food & other ProductsEquity
Trent Ltd.RetailingEquity
Aurobindo Pharma Ltd.Pharmaceuticals & BiotechnologyEquity
TVS Motor Company Ltd.AutomobilesEquity
Hindustan Aeronautics Ltd.Aerospace & DefenseEquity
Coal India Ltd.Consumable FuelsEquity
MRF Ltd.Auto ComponentsEquity
Titan Company Ltd.Consumer DurablesEquity
Oil & Natural Gas Corporation Ltd.OilEquity
HCL Technologies Ltd.IT - SoftwareEquity
REC Ltd.FinanceEquity
Power Finance Corporation Ltd.FinanceEquity
Sun Pharmaceutical Industries Ltd.Pharmaceuticals & BiotechnologyEquity
Indian Oil Corporation Ltd.Petroleum ProductsEquity
Colgate Palmolive (India) Ltd.Personal ProductsEquity
Mahindra & Mahindra Ltd.AutomobilesEquity
Steel Authority of India Ltd.Ferrous MetalsEquity
Torrent Pharmaceuticals Ltd.Pharmaceuticals & BiotechnologyEquity
Glaxosmithkline Pharmaceuticals Ltd.Pharmaceuticals & BiotechnologyEquity
Life Insurance Corporation of IndiaInsuranceEquity
IRCON International Ltd.ConstructionEquity
Railtel Corporation Of India Ltd.Telecom - ServicesEquity
NBCC (India) Ltd.ConstructionEquity
Rail Vikas Nigam Ltd.ConstructionEquity
Hindustan Copper Ltd.Non - Ferrous MetalsEquity
National Aluminium Co. Ltd.Non - Ferrous MetalsEquity
Persistent Systems Ltd.IT - SoftwareEquity
Oil India Ltd.OilEquity
Bharat Heavy Electricals Ltd.Electrical EquipmentEquity
Indian Railway Finance Corporation Ltd.FinanceEquity
Wipro Ltd.IT - SoftwareEquity
Ratnamani Metals & Tubes Ltd.Industrial ProductsEquity
Bharat Electronics Ltd.Aerospace & DefenseEquity
Cyient Ltd.IT - ServicesEquity
fund-management-box1

Funds managed by
Mr Deepak Ramaraju

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Mr. Deepak Ramaraju is a highly experienced Senior Fund Manager at Shriram Asset Management Company Ltd, with over two decades of diversified experience under his belt. He holds a degree in chemical engineering and has been associated with equity markets for the past 17 years. Before joining Shriram Asset Management Company, Mr. Deepak was part of the global equity research team and advised the Sanlam Group of South Africa on their India-focused fund. Prior to his stint in the financial industry, Mr. Deepak worked as a researcher and co-inventor at GE India Technology Center, Bangalore. During his time there, he was credited with 10 patents, highlighting his expertise and innovative abilities. His diverse background and extensive experience make him a valuable asset to the Shriram Asset Management team.

Funds managed by the fund manager

  • Shriram Aggressive Hybrid Fund
  • Shriram Flexi Cap Fund
  • Shriram ELSS Tax Saver Fund
  • Shriram Balanced Advantage Fund
  • Shriram Overnight Fund
  • Shriram Multi Asset Allocation Fund
fund-management-box2

Funds managed by Ms Gargi Bhattacharyya Banerjee

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Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She 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 key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.

Funds managed by the fund manager

  • Shriram Aggressive Hybrid Fund
  • Shriram Flexi Cap Fund
  • Shriram ELSS Tax Saver Fund
  • Shriram Balanced Advantage Fund
  • Shriram Overnight Fund
  • Shriram Multi Asset Allocation Fund
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Sector Allocation
  • Banks

    12.38%
  • Petroleum Products

    6.47%
  • IT - Software

    7.35%
  • Construction

    4.98%
  • Automobiles

    6.85%
  • Telecom - Services

    2.78%
  • Power

    2.08%
  • Agricultural Food & other Products

    1.59%
  • Retailing

    1.56%
  • Pharmaceuticals & Biotechnology

    4.61%
  • Consumable Fuels

    1.51%
  • Aerospace & Defense

    1.99%
  • Auto Components

    1.50%
  • Consumer Durables

    1.48%
  • Oil

    1.84%
  • Finance

    2.85%
  • Personal Products

    1.03%
  • Ferrous Metals

    1.03%
  • Insurance

    0.96%
  • Non - Ferrous Metals

    1.09%
  • Electrical Equipment

    0.52%
  • Industrial Products

    0.50%
  • IT - Services

    0.46%
  • Sovereign

    4.31%
  • [ICRA]AAA

    5.67%
  • CRISIL AAA

    4.62%
  • 17.99%

Fund Management

fund-management-box1

Mr Deepak Ramaraju
Managing this fund since 20 Aug 22

Mr Deepak Ramaraju

Managing this fund since 20 Aug 22

Work Experience

21 years

Fund Managed

05

Mr. Deepak Ramaraju is a highly experienced Senior Fund Manager at Shriram Asset Management Company Ltd, with over two decades of diversified experience under his belt. He holds a degree in chemical engineering and has been associated with equity markets for the past 17 years. Before joining Shriram Asset Management Company, Mr. Deepak was part of the global equity research team and advised the Sanlam Group of South Africa on their India-focused fund. Prior to his stint in the financial industry, Mr. Deepak worked as a researcher and co-inventor at GE India Technology Center, Bangalore. During his time there, he was credited with 10 patents, highlighting his expertise and innovative abilities. His diverse background and extensive experience make him a valuable asset to the Shriram Asset Management team. 

fund-management-box2

Ms Gargi Bhattacharyya Banerjee
Managing this fund since 5 Jul 19

Ms Gargi Bhattacharyya Banerjee

Managing this fund since 5 Jul 19

Work Experience

22 years

Fund Managed

05

Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She 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 key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited. 

fund-management-box1

See all schemes managed by
Deepak Ramaraju

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Mr. Deepak Ramaraju is a highly experienced Senior Fund Manager at Shriram Asset Management Company Ltd, with over two decades of diversified experience under his belt. He holds a degree in chemical engineering and has been associated with equity markets for the past 16 years. Before joining Shriram Asset Management Company, Mr. Deepak was part of the global equity research team and advised the Sanlam Group of South Africa on their India-focused fund. Prior to his stint in the financial industry, Mr. Deepak worked as a researcher and co-inventor at GE India Technology Center, Bangalore. During his time there, he was credited with 10 patents, highlighting his expertise and innovative abilities. His diverse background and extensive experience make him a valuable asset to the Shriram Asset Management team.

Funds managed by the fund manager

  • Shriram Aggressive Hybrid Fund
  • Shriram Flexi Cap Fund
  • Shriram ELSS Tax Saver Fund
  • Shriram Balanced Advantage Fund
  • Shriram Overnight Fund
  • Shriram Multi Asset Allocation Fund
fund-management-box2

See all schemes managed by Gargi Bhattacharyya Banerjee

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Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She 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 key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.

Funds managed by the fund manager

  • Shriram Aggressive Hybrid Fund
  • Shriram Flexi Cap Fund
  • Shriram ELSS Tax Saver Fund
  • Shriram Balanced Advantage Fund
  • Shriram Overnight Fund
  • Shriram Multi Asset Allocation Fund

Fund House

Shriram Asset Management Co Ltd.

217, 2nd floor, Swastik Chamber, Near junction of S.T. & C.S.T. road, Chembur, Mumbai - 400 071

Email

customercare@shriramamc.co.in

Contact

Investor – 18604191200

Distributor - 18604191400

Frequently Asked Questions

faq-arrow

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.

faq-arrow

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.

faq-arrow

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.

faq-arrow

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).

faq-arrow

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.

faq-arrow

Who is the Fund Manager of the scheme?

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

faq-arrow

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

faq-arrow

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

faq-arrow

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.

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