Become a PartnerBecome a Partner - Get 100% Brokerage Sharing
m.Stock by Mirae AssetOpen an Account
m.Stock by Mirae Asset
LoginOpen an Account
m.Stock by Mirae Asset
LoginOpen an Account
/MF-Logo-img/6011.png

Shriram Balanced Advantage Fund - Direct (IDCW)

Dynamic Asset Allocation or Balanced Advantage
Invest Now

  • NAV

    19.15(0.05%)

  • Fund Size (CR)

    ₹57.91

  • Expense Ratio

    0.53

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹1,000

  • 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 Asst Value (NAV) If redeemed / switched out after 90 days from the date of allotment: Nil

    1%

  • Return Since Launch

    12.54%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -3.69%
Annualized Return: 0% [object Object]

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 onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 202410112.381.12%--0.06%1/145
1 Month29 November 202410213.662.14%--0.35%2/145
3 Month30 September 20249633.47-3.67%--3.24%99/145
6 Month28 June 20249952.45-0.48%-2.01%122/141
1 Year29 December 202311126.2811.26%11.26%13.33%102/133
3 Year30 December 202114168.2941.68%12.32%12.08%50/107
5 Year30 December 201918150.4581.50%12.66%12.78%38/83
Since Inception5 July 201919131.3091.31%12.54%11.96%52/143

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000132207.441.70% 1.70%
3 Year3 January 20223,70,000454629.1322.87% 7.11%
5 Year1 January 20206,10,000851832.0139.64% 6.91%
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

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.46%

Standard Deviation

0.61%

Beta

0.54%

Sharpe Ratio

0.06%

Treynor's Ratio

1.42%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Sun Pharma.Inds.4.86%158002.81EquityPharmaceuticals
Bharti Airtel4.43%157582.56EquityTelecomm-Service
Dixon Technolog.4.22%15462.44EquityConsumer Durables
Trent3.81%32462.21EquityRetail
M & M3.59%70002.08EquityAutomobile
ICICI Bank3.50%156002.03EquityBanks
HCL Technologies3.38%106001.96EquityIT - Software
Voltas3.37%117781.95EquityConsumer Durables
Lupin3.33%94001.93EquityPharmaceuticals
Divi's Lab.3.30%31001.91EquityPharmaceuticals

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Shriram Balanced Advantage Fund - Direct (IDCW)
57.912.14%-3.67%-0.48%11.26%12.32%
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)
1272.640.05%-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 - Direct (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 - Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 12.54% since its launch.
The current NAV of Shriram Balanced Advantage Fund - Direct (IDCW) is ₹19.15, 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 - Direct (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 12.32% and 12.66% 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 - Direct (IDCW) Direct Growth?

Shriram Balanced Advantage Fund - Direct (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 12.54% since inception. Looking to invest in Shriram Balanced Advantage Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Shriram Balanced Advantage Fund - Direct (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 - Direct (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 - Direct (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has Shriram Balanced Advantage Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Shriram Balanced Advantage Fund - Direct (IDCW) has generated annualised return of 11.26%. In the long-term, the fund has generated 12.32% and 12.66% in 3 and 5 years respectively. Since its inception, the fund has generated 12.54% returns.

What is the expense ratio of Shriram Balanced Advantage Fund - Direct (IDCW) Direct Growth?

The expense ratio of Shriram Balanced Advantage Fund - Direct (IDCW) Direct Growth is 0.53%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Shriram Balanced Advantage Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Shriram Balanced Advantage Fund - Direct (IDCW) is ₹57.91 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Shriram Balanced Advantage Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Shriram Balanced Advantage Fund - Direct (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 - Direct (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 - Direct (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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.