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
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