FAQ : Shriram Balanced Advantage Fund - Regular Plan - Growth

Shriram Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 26.69 11.73 N/A N/A
Average Rolling Returns(%) 11.50 10.42 N/A N/A

The Current NAV of Shriram Balanced Advantage Fund - Regular Plan - Growth is ₹16.89.

It is better to invest in a fund with a longer track record as Shriram Balanced Advantage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

Shriram Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.60%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Shriram Balanced Advantage Fund - Regular Plan - Growth is currently ₹45 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and ICICI Bank and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 33% of fund’s portfolio respectively.

Top three sectors of Shriram Balanced Advantage Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and Others accounting for 53% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Dynamic Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Shriram Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Dynamic Asset Allocation.

Deepak Ramaraju and Gargi Bhattacharyya Banerjee manage the Shriram Balanced Advantage Fund - Regular Plan - Growth Fund.

Shriram Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 38.88 and PB ratio is 7.33

The asset allocation of Shriram Balanced Advantage Fund - Regular Plan - Growth is Stocks : 66.98%, Debt : 33.06% and Gold : 0%

The minimum SIP amount for Shriram Balanced Advantage Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Shriram Balanced Advantage Fund - Regular Plan - Growth is NIL for 12% of units and 1% for remaining units on or before 90 days, Nil after 90 days

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