Shriram Balanced Advantage Fund
The scheme seeks 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.
Growthvine rating: 1/5 — ranked #33 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹15.90 (as of 2026-10-01) |
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| AUM | ₹43 Cr |
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| Expense ratio | 2.09% |
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| Riskometer | Very High |
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| Fund manager | Amit Modani |
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| Exit load | For units in excess of 12% of the investment, 1% will be charged for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 3.94% |
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| Sharpe ratio | 0.06 |
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| Standard deviation | 10.82% |
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| Max drawdown | −14.84% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 95.2% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 111.4% of its downside.
Market cap allocation
| Large cap | 78.7% |
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| Mid cap | 6.4% |
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| Small cap | 14.9% |
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Concentration
| Top 5 holdings | 19.2% |
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| Top 10 holdings | 30.8% |
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| Total holdings | 70 |
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Top holdings
- TREPS_RED_01.09.2026 — 8.6%
- 8.54% REC LTD NCD RED 15-11-28 — 5.8%
- BANK OF BARODA CD RED 12-02-27 # — 5.7%
- HDFC Bank Ltd. — 4.8%
- 6.54% GOVT OF INDIA RED 17-01-2032 — 4.7%
- UNION BANK OF INDIA CD RED 22-02-2027 # — 4.5%
- ICICI Bank Ltd. — 4.3%
- Reliance Industries Ltd — 4.1%
- State Bank Of India — 3.2%
- Bharti Airtel Ltd. — 2.8%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.9% | Q4 (Bottom) | #35 of 35 |
| 2025 | −0.5% | Q4 (Bottom) | #32 of 34 |
| 2024 | 9.4% | Q4 (Bottom) | #27 of 30 |
| 2023 | 19.3% | Q2 | #9 of 26 |
| 2022 | 2.7% | Q2 | #11 of 21 |