Shriram Balanced Advantage Fund
NAV : ₹ 17.479 as of 11 December, 2024
3Y Returns
▲10.33%
Overview
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,23,575 (+7.29%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Inclusive of GST
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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Shriram Balanced Advantage Fund Managers
Gargi Bhattacharyya Banerjee
Nov 2019 - Present
Deepak Ramaraju
Aug 2022 - Present
List of Shriram Mutual Fund’s top performing schemes
Fund House
Shriram Mutual Fund
Total AUM: 419.55Cr
Shriram Asset Management Company Limited operates within the 'Shriram' Group, a conglomerate deeply entrenched in a wide array of financial services spanning commercial vehicles, life and general insurance, stock broking, consumer finance, chit funds, and financial product distribution. Holding a majority stake of 68.67% in the fund house, Shriram Credit Company Limited (SCCL) supervises various stock market activities conducted by the fund. As a subsidiary within the Shriram conglomerate, SCCL actively shapes the investment strategy of Shriram Mutual Funds.
Learn more about Shriram Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
FAQ for Shriram Balanced Advantage Fund
How to start an SIP in Shriram Balanced Advantage Fund?
To start an SIP in Shriram Balanced Advantage Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Shriram Balanced Advantage Fund.
3. On the Shriram Balanced Advantage Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
How to invest in Shriram Balanced Advantage Fund?
To invest in Shriram Balanced Advantage Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Shriram Balanced Advantage Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
How do I automate an SIP in Shriram Balanced Advantage Fund?
To automate an SIP in Shriram Balanced Advantage Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Shriram Balanced Advantage Fund automatically, ensuring consistent contributions without manual intervention.
How can I withdraw/redeem my investment in Shriram Balanced Advantage Fund?
To withdraw or redeem your investment in Shriram Balanced Advantage Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Shriram Balanced Advantage Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
What is the NAV of Shriram Balanced Advantage Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Shriram Balanced Advantage Fund is ₹17.48
What is the AUM of Shriram Balanced Advantage Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Shriram Balanced Advantage Fund is ₹57.91 Cr.
What is the minimum SIP amount for Shriram Balanced Advantage Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Shriram Balanced Advantage Fund is ₹500
What is the Expense Ratio of Shriram Balanced Advantage Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Shriram Balanced Advantage Fund is 2.36%
What is the Exit load of Shriram Balanced Advantage Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Shriram Balanced Advantage Fund is Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days..
