Shriram Balanced Advantage Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.22
• Std Deviation 9.55%
• Tracking Error 0.00%

The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

The Shriram Balanced Advantage Fund Regular Growth has an AUM of 56.11 crores & has delivered CAGR of 8.87% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.42%. The minimum investment in Shriram Balanced Advantage Fund Regular Growth is Rs 500 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Moderate & Good respectively.

The top holdings of the fund include National Bank For Agriculture And Rural Development, HDFC Bank, Net Receivables / (Payables) & Rural Electrification Corporation Limited.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Communications Services.

Some of the similar funds are ITI Balanced Advantage Fund Regular Growth, Bank of India Balanced Advantage Regular Growth, Shriram Balanced Advantage Fund Regular Growth, Samco Dynamic Asset Allocation Fund Regular Growth, Helios Balanced Advantage Fund Regular Growth. Shriram Balanced Advantage Fund Regular Growth has a sharpe ratio of 0.22 & a standard deviation of 9.55%.