We're living in an uncertain world.
Hybrid funds combine asset classes for you.
Diversified Investments
Across asset classes
Balance of Risk & Return
Seeks stability with growth
Adaptable Approach
Manages opportunitiesand risks
Designed for Changing Times
Built for today, ready for tomorrow
This uncertainty also impacts asset classes across market cycles
Return outcomes can vary significantly across asset classes and time periods,
and historical performance leadership has shifted from cycle to cycle.
| Year | Equity Return | Debt Return | Silver Return | Gold Return | Lead Asset |
|---|---|---|---|---|---|
| 2010 | 14% | 5% | 72% | 23% | Silver |
| 2011 | -26% | 7% | 9% | 32% | Gold |
| 2012 | 35% | 9% | 14% | 13% | Equity |
| 2013 | 4.0% | 3.6% | -24% | -4% | Equity |
| 2014 | 39% | 14% | -18% | -10% | Equity |
| 2015 | 0.5% | 9% | -18% | -6% | Debt |
| 2016 | 5% | 14% | -8% | -11% | Silver |
| 2017 | 37% | 4% | 18% | 6% | Equity |
| 2018 | -1% | 6% | -0.5% | 7% | Gold |
| 2019 | 9% | 11% | 20% | 24% | Gold |
| 2020 | 18% | 12% | 45% | 29% | Gold |
| 2021 | 33% | 3% | -7% | -4% | Silver |
| 2022 | 3% | 2% | 10% | 14% | Equity |
| 2023 | 27% | 7% | 8% | 15% | Gold |
| 2024 | 17% | 9% | 17% | 15% | Equity |
| 2025 | 6% | 8% | 167% | 24% | Silver |
| 2026-YTD (Jun) | -8% | 2% | -1% | 75% | Gold |
| Max Return | 39% | 14% | 167% | 0.5% | - |
| Min Return | -26% | 0.5% | -24% | 7% | - |
| Avg. 1Y-Rolling Return | 16% | 8% | 17% | 54% | - |
Equity = Nifty 500 TRI, Debt = Crisil 10Y GILT Index, Silver = MCX Spot Price Silver, Gold = MCX Spot Price Gold. Max drawdown from Jan 2006 to June 2026. Data as of 30 Jun 2026. Source: NSE for all indices, MCX for gold and silver prices. Avg. 1Y-RR data is from 2006 to 28 Jun 2026. Past performance may or may not be sustained in the future and is not a guarantee of any future returns.
Different asset classes have different macro drivers, resulting in varying levels of correlation
Cross asset correlation
| Year | Equity | Debt | Silver | Gold |
|---|---|---|---|---|
| Equity | 1 | 0.14 | 72% | -0.03 |
| Debt | - | 1 | 0.03 | 0.03 |
| Silver | - | - | 1 | 0.77 |
| Gold | - | - | - | -4% |
Equity has historically shown relatively low correlation with gold and other asset classes. Gold and silver have historically shown relatively higher correlation compared with other asset pairs. Gold's low correlation with equity and debt has historically supported portfolio diversification. Data from 1 Jan 2006 to 29 Jun 2026. Source: NSE, MCX. Past performance may or may not be sustained in the future.
Hybrids: balancing growth and stability in the long term
Return outcomes can vary significantly across asset classes and time periods,
and historical performance leadership has shifted from cycle to cycle.
| Category | CAGR | Std Deviation | ~Equity Holding |
|---|---|---|---|
| NIFTY 50 Hybrid Composite Debt 50:50 Index (Balanced Advantage Fund) | 10.4% | 10.5% | 72% |
| CRISIL Hybrid 35+65 – Aggressive Index (Aggressive Hybrid Fund) | 11.4% | 13.5% | 65% |
| Nifty 50 TRI (70%) + Nifty Short Duration Debt Index (20%) + Gold (8%) + Silver (2%) (Multi Asset Allocation Fund) | 13.0% | 15.1% | 70% |
| Nifty 500 TRI (Equity) | 12.7% | 20.3% | 100% |
Values rebased to 10. Data from 2 Jan 2006 to 30 Jun 2026.
Source: Nifty Indices, Crisil. Past performance may or may not be sustained in the future and is not a guarantee of any future returns.
Presenting Shriram Hybrids — built around allocation
An existing fund with a refreshed investment strategy and framework, giving investors an opportunity to consider it in its refreshed form.
Partner Opportunity Offer Period: 15 July to 7 August 2026.
Three funds, three allocation approaches
Exit load (all three funds): if redeemed/switched-out within 90 days of allotment — up to 12% of units: nil; more than 12% of units: 1% of applicable NAV. Nil if redeemed after 90 days. *Refer the Scheme Information Document for detailed taxation information; LTCG 12.5% for holding > 12 months, STCG 20% for holding < 12 months. Fund managers across all three schemes: Mr. Prateek Nigudkar, Mr. Hitesh Savanth, Mr. Amit Modani & Mr. Sudip More.
A 2-tier approach to managing Shriram Hybrids
Equity
Factor + fundamental investment
Debt
Short to medium term, relatively high rated securities
Gold / Silver*
Choice of ETFs
A repeatable quantamental investment process
Using data and technology for efficient, cost effective scale, with an aim to deliver risk adjusted returns. Long term philosophy of Growth at a Reasonable Price, aiming for risk adjusted returns, with access to superior data, tools and global broker research, and fundamental forward-looking factors in the quantitative model.
Investment process for fixed income funds
- Macro economic factors: growth trends, global developments, monetary policy review
- Technical & market analysis: market trends, economic data, interest rate and yield curve positioning
- Credit research & portfolio construction: company credit research, external ratings, internal ratings and exposure limits
- Risk management: SEBI guidelines, regulatory limits, internal policy
Gold & Silver ETF selection approach
- Low tracking error: ETFs with relatively lower tracking error
- Large size & high liquidity: preference for ETFs with higher liquidity for efficient entry and exit
- Relatively low expense ratio: focus on ETFs with relatively lower expense ratios
What's new
Experienced fund management team
Enhanced factor + fundamental investment approach
Choice of Gold/Silver ETF*
Hybrid schemes with equity taxation**
Shriram Aggressive Hybrid Fund Riskometer
This product is suitable for investors who are seeking*
- Long term capital appreciation and current income.
- Investment in equity related securities as well as fixed income securities (debt and money market securities).
- Very high risk
Riskometer
Investor understand that their principal will be at very high risk Benchmark Riskometer
Benchmark Riskometer is at high risk. As per AMFI Tier I Benchmark i.e CRISIL Hybrid 35+65 – Aggressive Index
Shriram Balanced Advantage Fund Riskometer
This product is suitable for investors who are seeking*
- 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
Riskometer
Investor understand that their principal will be at very high risk Benchmark Riskometer
Benchmark Riskometer is at high risk. As per AMFI Tier I Benchmark i.e CRISIL Hybrid 50+50 Moderate Index
Shriram Multi Asset Allocation Fund Riskometer
This product is suitable for investors who are seeking*
- Long term inflation adjusted wealth creation through exposure to multiple assets i.e. Equity, Debt and Gold/Silver ETFs
- To regularly invest over time through SIPs, top-ups or STP from liquid/ overnight funds, to meet financial and family goals
- Very high-risk funds
Riskometer
Investor understand that their principal will be at very high risk Benchmark Riskometer
Benchmark Riskometer is at Very high risk. As per AMFI Tier I Benchmark i.e- Nifty 50 TRI (70%) + NIFTY Short Duration Debt Index (20%) + Domestic prices of Gold (8%) + Domestic prices of Silver (2%)
Fund Management
Mr. Hitesh Savanth
Work Experience
14 years
Fund Managed
6
Mr. Prateek Nigudkar
Work Experience
13 years
Fund Managed
6
Mr.Amit Modani
Work Experience
13 years
Fund Managed
7
Mr. Sudip Suresh More
Work Experience
19 years
Fund Managed
7
Disclaimer & Risk Factors
NSE Indices Ltd does not guarantee the accuracy and/or completeness of any index or data included herein, and shall have no responsibility or liability for any errors, omissions, or interruptions therein, or for any warranty, express or implied, as to results obtained from the use of such index or data. NSE Indices Ltd expressly disclaims all warranties of merchantability or fitness for a particular purpose, and any and all liability for claims, damages or losses of any kind arising from the use of the index or data, including direct, special, punitive, indirect, or consequential damages.
The information on this page is compiled from third party and publicly available sources and is included for general information purposes only. There is no assurance or guarantee on yields. Views expressed cannot be construed as a decision to invest. The statements herein are based on current views and involve known and unknown risks and uncertainties. Shriram Asset Management Company Limited (the AMC), its associates, sponsors, group companies, directors or employees accept no liability for any loss or damage of any kind resulting from the use of this page. Recipients should make their own investigation and seek appropriate professional advice, and shall alone be responsible for any decision taken on the basis of information contained herein. Please consult your financial advisor or mutual fund distributor, and understand the specific legal, tax or financial implications, before investing.
Investment philosophy and investment process described on this page reflect a continuous evolution of process and platform, are intended for informational purposes only, and should not be construed as an assurance of returns or capital outcomes. These may change from time to time without notice and shall be in accordance with the strategy mentioned in the Scheme Information Document of the respective schemes of Shriram Mutual Fund.Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
