However, Scripbox does not recommend investing in dynamic asset allocation or balanced advantage mutual funds.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
43 Cr. Small within the category
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Consistently poor. The historical performance of the fund has been consistently poor
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.
Low to Moderate
Very High Risk
Jul 05, 2019
Launched (2y ago)
AUM in Crores
CRISIL Hybrid 35+65 - Agg TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 93,338||5.00%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Comparison with Hybrid Funds
Multi Asset Allocation
About the AMC
Shriram Asset Management Co Ltd
Shriram Asset Management Co Ltd manages assets worth 192 crores and was set up on 27 July 1994. It's current offering of mutual fund schemes includes 5 equity and 6 hybrid funds.
₹ 33 Cr
₹ 57 Cr
₹ 59 Cr
Dynamic Asset Allocation Or Balanced Advantage
₹ 42 Cr
₹ 59 Cr
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Shriram Balanced Advantage Fund (DP-A) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 11.9% over a period of 2 years ..The fund is managed by Shriram Asset Management Co Ltd.The fund managers are Alok Ranjan, Gargi Banerjee, Rohit Gautam
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. However, there is no assurance that the objective of the scheme will be realized.
The Shriram Balanced Advantage Fund (DP-A) fund was launched on Jul 05, 2019. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-03-05 is ₹ 12.0639. The total AUM (Asset Under Management) of the fund as of 2021-03-08 is ₹ 42.277. The category risk of the Shriram Balanced Advantage Fund (DP-A) fund is Very High Risk. The fund charges 2.6 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 68.3% in this asset class. The top three holdings of the fund are 7.26% govt stock 2029,lic housing finance limited and lic housing finance limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Hybrid 35+65 - Agg TR INR
Shriram Balanced Advantage Fund (DP-A) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Shriram Balanced Advantage Fund (DP-A) has a score of 2 out of 5. Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.