Shriram Balanced Advantage Fund (IDCW)
Dynamic Asset Allocation or Balanced AdvantageNAV
17.39(0.04%)Fund Size (CR)
₹57.91Expense Ratio
2.3Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
1%Return Since Launch
10.59%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Deepak Ramaraju
Bench Mark
Nifty 50 Hybrid Composite Debt 50:50 Index
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 10108.99 | 1.09% | - | -0.06% | 4/145 |
| 1 Month | 29 November 2024 | 10198.67 | 1.99% | - | -0.35% | 4/145 |
| 3 Month | 30 September 2024 | 9590.91 | -4.09% | - | -3.24% | 106/145 |
| 6 Month | 28 June 2024 | 9864.36 | -1.36% | - | 2.01% | 130/141 |
| 1 Year | 29 December 2023 | 10949.44 | 9.49% | 9.49% | 13.33% | 119/133 |
| 3 Year | 30 December 2021 | 13476.14 | 34.76% | 10.46% | 12.08% | 91/107 |
| 5 Year | 30 December 2019 | 16652.90 | 66.53% | 10.74% | 12.78% | 70/83 |
| Since Inception | 5 July 2019 | 17381.80 | 73.82% | 10.59% | 11.96% | 91/143 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2024 | 1,30,000 | 131057.54 | 0.81% | 0.81% |
| 3 Year | 3 January 2022 | 3,70,000 | 442716.36 | 19.65% | 6.16% |
| 5 Year | 1 January 2020 | 6,10,000 | 813235.84 | 33.32% | 5.92% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
2.46%
Standard Deviation
0.60%
Beta
0.34%
Sharpe Ratio
0.05%
Treynor's Ratio
-0.26%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Sun Pharma.Inds. | 4.86% | 15800 | 2.81 | Equity | Pharmaceuticals |
| Bharti Airtel | 4.43% | 15758 | 2.56 | Equity | Telecomm-Service |
| Dixon Technolog. | 4.22% | 1546 | 2.44 | Equity | Consumer Durables |
| Trent | 3.81% | 3246 | 2.21 | Equity | Retail |
| M & M | 3.59% | 7000 | 2.08 | Equity | Automobile |
| ICICI Bank | 3.50% | 15600 | 2.03 | Equity | Banks |
| HCL Technologies | 3.38% | 10600 | 1.96 | Equity | IT - Software |
| Voltas | 3.37% | 11778 | 1.95 | Equity | Consumer Durables |
| Lupin | 3.33% | 9400 | 1.93 | Equity | Pharmaceuticals |
| Divi's Lab. | 3.30% | 3100 | 1.91 | Equity | Pharmaceuticals |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Quant Dynamic Asset Allocation Fund-Direct (G) | 1341.13 | -1.56% | -7.93% | -3.14% | 21.64% | - | |
| Quant Dynamic Asset Allocation Fund-Direct (IDCW) | 1341.13 | -1.56% | -7.93% | -3.14% | 21.63% | - | |
| AXIS Balanced Advantage Fund - Direct (G) | 2599.22 | -0.40% | -2.48% | 4.62% | 18.99% | 13.60% | |
| AXIS Balanced Advantage Fund - Direct (IDCW) | 2599.22 | -0.39% | -2.44% | 4.69% | 18.99% | 13.61% | |
| WhiteOak Capital Balanced Advantage Fund - Dir (G) | 1272.64 | 0.05% | -0.79% | 6.11% | 18.69% | - |
News
Shriram Mutual Fund announces change in Key Personnel
Shriram Mutual Fund has announced that Mr. Ajay Ramesh Bhanushali has been appointed as the Compliance Officer of with effect from July 22, 2024.Details of Mr. Ajay Ramesh Bhanushali
Age: 32 years
Designation: Compliance Officer
Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
14 June 2019
Total AUM (Cr)
₹57.91
Shriram Balanced Advantage Fund (IDCW) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Shriram Mutual Fund. Launched in 14 June 2019, this fund is managed by Deepak Ramaraju. With assets under management (AUM) worth ₹57.91 (Cr), as of 1 January 2025, Shriram Balanced Advantage Fund (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.59% since its launch.
The current NAV of Shriram Balanced Advantage Fund (IDCW) is ₹17.39, as on 1 January 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Shriram Balanced Advantage Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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 Asst Value (NAV) If redeemed / switched out after 90 days from the date of allotment: Nil The fund has generated 10.46% and 10.74% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 66.42% in Equity, 16.65% in Debt and 16.93% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 26.43% in Cash & Others, 16.66% in Debt, 15.12% in Pharmaceuticals & Biotech, 9.30% in Retailing, 5.76% in Automobiles
FAQs
How to Invest in Shriram Balanced Advantage Fund (IDCW) Direct Growth?
Shriram Balanced Advantage Fund (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.59% since inception. Looking to invest in Shriram Balanced Advantage Fund (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Shriram Balanced Advantage Fund (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Shriram Balanced Advantage Fund (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Shriram Balanced Advantage Fund (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
How much returns has Shriram Balanced Advantage Fund (IDCW) Direct Growth generated?
What is the expense ratio of Shriram Balanced Advantage Fund (IDCW) Direct Growth?
What is the AUM of Shriram Balanced Advantage Fund (IDCW) Fund Direct Growth?
How to redeem or withdraw money from Shriram Balanced Advantage Fund (IDCW) Direct Growth?
Redeeming or selling units of Shriram Balanced Advantage Fund (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Shriram Balanced Advantage Fund (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Shriram Balanced Advantage Fund (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).