Shriram Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 2
BMSMONEY Rating
Growth Option As On: 22-04-2024
NAV ₹16.92 (R) +0.69% ₹18.52 (D) +0.7%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 27.5% 12.37% -% -% -%
LumpSum Dir. P 29.82% 14.44% -% -% -%
SIP Reg. P 12.56% 11.95% -% -% -%
SIP Dir. P 14.75% 14.02% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.52 0.28 0.82 1.49% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
7.86% -8.04% -4.54% 0.75 5.17%

NAV Date: 22-04-2024

Scheme Name NAV Rupee Change Percent Change
Shriram Balanced Advantage Fund - Regular Growth 16.92
0.1200
0.6900%
Shriram Balanced Advantage Fund - Regular-IDCW 16.94
0.1200
0.6900%
Shriram Balanced Advantage Fund - Direct- IDCW 18.42
0.1300
0.7000%
Shriram Balanced Advantage Fund - Direct Growth 18.52
0.1300
0.7000%

Review Date: March 28, 2024

The Dynamic Asset Allocation or Balanced Advantage Fund category has 20 funds. Performance of the Shriram Balanced Advantage Fund has been analyzed on 18 performance parameters. Out of six return parameters, the fund has four return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved second (out of 20 funds), which is very good rank in the Dynamic Asset Allocation or Balanced Advantage Fund category.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Shriram Balanced Advantage Fund has good return performance, as more than 75% 1 year and above return parameters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below.'
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  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Shriram Balanced Advantage Fund has given return of 0.35% in last one month which is poor as it is in the below average in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Shriram Balanced Advantage Fund has given return of 6.41% in last three month which is very good as it is in the top quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. 1 Year Return%: The Shriram Balanced Advantage Fund has given return of 30.06% in last one year which is very good as it is in the top quartile in Dynamic Asset Allocation or Balanced Advantage Fund. The one year return rank of Shriram Balanced Advantage Fund is 4 in 24 funds. The investment of ₹ 10,000 in this fund would have become ₹ 13006.0 in one year.
  4. 3 Year Return%: The Shriram Balanced Advantage Fund has given return of 11.89% in last three year which is poor as it is in the below average with return rank of 11 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. 1 Year SIP Return%: The Shriram Balanced Advantage Fund has given return of 13.94% in last one year which is very good as it is in the top quartile with return rank of 2 in 24 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. 3 Year SIP Return%: The Shriram Balanced Advantage Fund has given return of 14.2% in last three year which is very good as it is in the top quartile with return rank of 4 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
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The Shriram Balanced Advantage Fund has average risk performance, as more than 25% risk parameters are above average Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Shriram Balanced Advantage Fund has standard deviation of 7.86 which is very poor as it is in the fourth quartile with risk rank of 10 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Shriram Balanced Advantage Fund has semi deviation of 5.17 which is poor as it is in the below average with risk rank of 8 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Shriram Balanced Advantage Fund has max drawdown of -4.54% which is good as it is above average with risk rank of 4 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Shriram Balanced Advantage Fund has 1Y VaR at 95% of -8.04% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Shriram Balanced Advantage Fund has average drawdown of -2.19% which is good as it is above average with risk rank of 4 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    6. '
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The Shriram Balanced Advantage Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Sterling Ratio of 0.82 which is good as it is above average with risk rank of 4 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Sortino Ratio of 0.28 which is poor as it is in the below average with risk rank of 6 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Jensen Alpha of 1.49% which is poor as it is in the below average with risk rank of 6 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Treynor Ratio of 0.05 which is good as it is above average with risk rank of 5 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Modigliani Square Measure of 13.57% which is good as it is above average with risk rank of 5 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Shriram Balanced Advantage Fund has Alpha of 0.17% which is good as it is above average with risk rank of 4 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.11
1.49
0.64 | 2.82 17 | 24
No
No
No
3M Return % 5.96
4.64
2.04 | 6.41 6 | 24
Yes
Yes
No
6M Return % 19.35
13.30
5.97 | 20.99 2 | 24
Yes
Yes
No
1Y Return % 27.50
23.53
12.46 | 38.66 4 | 24
Yes
Yes
No
3Y Return % 12.37
12.62
7.64 | 25.75 11 | 19
No
No
No
1Y SIP Return % 12.56
5.23
-6.36 | 19.91 2 | 24
Yes
Yes
No
3Y SIP Return % 11.95
10.54
3.36 | 23.08 4 | 19
Yes
Yes
No
Standard Deviation 7.86
7.12
4.59 | 10.04 10 | 11
No
No
Yes
Semi Deviation 5.17
4.78
3.16 | 6.56 8 | 11
No
No
No
Max Drawdown % -4.54
-6.01
-10.45 | -1.47 4 | 11
Yes
No
No
VaR 1 Y % -8.04
-6.83
-11.22 | -3.49 9 | 11
No
No
Yes
Average Drawdown % -2.19
-2.26
-3.35 | -1.00 4 | 11
Yes
No
No
Sharpe Ratio 0.52
0.54
0.10 | 1.15 7 | 11
No
No
No
Sterling Ratio 0.82
0.74
0.47 | 1.15 4 | 11
Yes
No
No
Sortino Ratio 0.28
0.29
0.07 | 0.65 6 | 11
No
No
No
Jensen Alpha % 1.49
1.75
-0.53 | 5.67 6 | 11
No
No
No
Treynor Ratio 0.05
0.05
0.01 | 0.09 5 | 11
Yes
No
No
Modigliani Square Measure % 13.57
13.55
8.72 | 20.33 5 | 11
Yes
No
No
Alpha % 0.17
-0.67
-5.43 | 2.38 4 | 11
Yes
No
No
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.25 1.59 0.70 | 2.91 16 | 24
No
No
No
3M Return % 6.43 4.96 2.23 | 6.65 5 | 24
Yes
Yes
No
6M Return % 20.43 14.00 6.36 | 21.36 2 | 24
Yes
Yes
No
1Y Return % 29.82 25.09 13.26 | 39.51 4 | 24
Yes
Yes
No
3Y Return % 14.44 14.05 8.44 | 26.55 8 | 19
Yes
No
No
1Y SIP Return % 14.75 6.65 -5.63 | 20.69 2 | 24
Yes
Yes
No
3Y SIP Return % 14.02 11.95 4.15 | 23.87 4 | 19
Yes
Yes
No
Standard Deviation 7.86 7.12 4.59 | 10.04 10 | 11
No
No
Yes
Semi Deviation 5.17 4.78 3.16 | 6.56 8 | 11
No
No
No
Max Drawdown % -4.54 -6.01 -10.45 | -1.47 4 | 11
Yes
No
No
VaR 1 Y % -8.04 -6.83 -11.22 | -3.49 9 | 11
No
No
Yes
Average Drawdown % -2.19 -2.26 -3.35 | -1.00 4 | 11
Yes
No
No
Sharpe Ratio 0.52 0.54 0.10 | 1.15 7 | 11
No
No
No
Sterling Ratio 0.82 0.74 0.47 | 1.15 4 | 11
Yes
No
No
Sortino Ratio 0.28 0.29 0.07 | 0.65 6 | 11
No
No
No
Jensen Alpha % 1.49 1.75 -0.53 | 5.67 6 | 11
No
No
No
Treynor Ratio 0.05 0.05 0.01 | 0.09 5 | 11
Yes
No
No
Modigliani Square Measure % 13.57 13.55 8.72 | 20.33 5 | 11
Yes
No
No
Alpha % 0.17 -0.67 -5.43 | 2.38 4 | 11
Yes
No
No
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.69 ₹ 10069.0 0.7 ₹ 10070.0
1W 0.66 ₹ 10066.0 0.69 ₹ 10069.0
1M 1.11 ₹ 10111.0 1.25 ₹ 10125.0
3M 5.96 ₹ 10596.0 6.43 ₹ 10643.0
6M 19.35 ₹ 11935.0 20.43 ₹ 12043.0
1Y 27.5 ₹ 12750.0 29.82 ₹ 12982.0
3Y 12.37 ₹ 14190.0 14.44 ₹ 14989.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 12.5604 ₹ 12801.852 14.7538 ₹ 12939.06
3Y ₹ 36000 11.9497 ₹ 43049.592 14.0173 ₹ 44355.852
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
22-04-2024 16.9178 18.5216
19-04-2024 16.8019 18.392
18-04-2024 16.7538 18.3384
16-04-2024 16.8062 18.3939
15-04-2024 16.8179 18.4059
12-04-2024 16.9325 18.5285
09-04-2024 17.0041 18.6041
08-04-2024 17.0242 18.6252
05-04-2024 16.9823 18.5765
04-04-2024 16.9573 18.5483
03-04-2024 16.9446 18.5335
02-04-2024 16.984 18.5757
01-04-2024 16.9436 18.5306
28-03-2024 16.891 18.4693
27-03-2024 16.7972 18.3659
26-03-2024 16.7314 18.293
22-03-2024 16.7441 18.3034
21-03-2024 16.6742 18.2261
20-03-2024 16.5555 18.0954
19-03-2024 16.5708 18.1112
18-03-2024 16.709 18.2614
15-03-2024 16.6887 18.2365
14-03-2024 16.7622 18.3159
13-03-2024 16.6127 18.1517
12-03-2024 16.9863 18.559
11-03-2024 17.0411 18.6179
07-03-2024 17.0949 18.673
06-03-2024 17.0752 18.6506
05-03-2024 17.0196 18.5889
04-03-2024 17.0039 18.5709
01-03-2024 16.9101 18.4657
29-02-2024 16.7124 18.2489
28-02-2024 16.6757 18.2079
27-02-2024 16.8324 18.378
26-02-2024 16.8228 18.3667
23-02-2024 16.8647 18.4097
22-02-2024 16.8258 18.3664
21-02-2024 16.6806 18.2069
20-02-2024 16.7543 18.2865
19-02-2024 16.7313 18.2604
16-02-2024 16.7109 18.2355
15-02-2024 16.6349 18.1517
14-02-2024 16.5251 18.0309
13-02-2024 16.4017 17.8955
12-02-2024 16.3329 17.8195
09-02-2024 16.5587 18.0631
08-02-2024 16.6984 18.2147
07-02-2024 16.6995 18.2149
06-02-2024 16.6422 18.1515
05-02-2024 16.5115 18.008
02-02-2024 16.4789 17.9699
01-02-2024 16.3194 17.7951
31-01-2024 16.3643 17.8432
30-01-2024 16.2704 17.7399
29-01-2024 16.3679 17.8453
25-01-2024 16.1445 17.5982
24-01-2024 16.1373 17.5895
23-01-2024 15.9664 17.4023
19-01-2024 16.1743 17.6255
18-01-2024 16.0011 17.4359
17-01-2024 16.0454 17.4833
16-01-2024 16.1882 17.638
15-01-2024 16.2141 17.6653
12-01-2024 16.1122 17.5517
11-01-2024 15.9904 17.4181
10-01-2024 15.9599 17.3841
09-01-2024 15.929 17.3496
08-01-2024 15.9044 17.322
05-01-2024 15.9666 17.387
04-01-2024 15.9446 17.3623
03-01-2024 15.8638 17.2734
02-01-2024 15.8879 17.2988
01-01-2024 15.9137 17.326
29-12-2023 15.8731 17.2793
28-12-2023 15.8413 17.2438
27-12-2023 15.7521 17.1458
26-12-2023 15.6844 17.0713
22-12-2023 15.5994 16.9754
21-12-2023 15.5378 16.9075
20-12-2023 15.4187 16.7771
19-12-2023 15.7216 17.1058
18-12-2023 15.6908 17.0715
15-12-2023 15.6864 17.0642
14-12-2023 15.5818 16.9497
13-12-2023 15.4435 16.7983
12-12-2023 15.2938 16.6347
11-12-2023 15.3428 16.6871
08-12-2023 15.2862 16.6231
07-12-2023 15.2599 16.5938
06-12-2023 15.2611 16.5942
05-12-2023 15.2126 16.5407
04-12-2023 15.1663 16.4895
01-12-2023 14.9756 16.2797
30-11-2023 14.8799 16.1749
29-11-2023 14.8297 16.1195
28-11-2023 14.7127 15.9915
24-11-2023 14.673 15.9452
23-11-2023 14.6994 15.9732
22-11-2023 14.6883 15.9603
21-11-2023 14.6834 15.9542
20-11-2023 14.6893 15.9598
17-11-2023 14.7003 15.9694
16-11-2023 14.6606 15.9254
15-11-2023 14.632 15.8936
13-11-2023 14.5429 15.7953
10-11-2023 14.4332 15.6738
09-11-2023 14.418 15.6565
08-11-2023 14.3863 15.6214
07-11-2023 14.3566 15.5883
06-11-2023 14.3309 15.5596
03-11-2023 14.2493 15.4688
02-11-2023 14.232 15.4491
01-11-2023 14.1169 15.3235
31-10-2023 14.1601 15.3696
30-10-2023 14.1623 15.3713
27-10-2023 14.1658 15.3728
26-10-2023 14.0263 15.2206
25-10-2023 14.1367 15.3396
23-10-2023 14.1747 15.3794
20-10-2023 14.3159 15.5302
19-10-2023 14.3671 15.585
18-10-2023 14.3489 15.5645
17-10-2023 14.4303 15.652
16-10-2023 14.3908 15.6084
13-10-2023 14.378 15.5922
12-10-2023 14.3553 15.5668
11-10-2023 14.3572 15.568
10-10-2023 14.3015 15.507
09-10-2023 14.1626 15.3556
06-10-2023 14.244 15.4416
05-10-2023 14.199 15.392
04-10-2023 14.1541 15.3427
03-10-2023 14.2694 15.4668
29-09-2023 14.2997 15.4966
27-09-2023 14.3409 15.5397
26-09-2023 14.2557 15.4466
25-09-2023 14.24 15.4288
22-09-2023 14.2334 15.4193
21-09-2023 14.2454 15.4315
20-09-2023 14.3252 15.5173
18-09-2023 14.4037 15.6007
15-09-2023 14.4335 15.6307
14-09-2023 14.421 15.6164
13-09-2023 14.3604 15.55
12-09-2023 14.3328 15.5193
11-09-2023 14.5782 15.7843
08-09-2023 14.4453 15.638
07-09-2023 14.3231 15.505
06-09-2023 14.2337 15.4074
05-09-2023 14.2482 15.4225
04-09-2023 14.1906 15.3593
01-09-2023 14.0913 15.2496
31-08-2023 14.0491 15.2031
30-08-2023 14.0304 15.1822
29-08-2023 14.0006 15.1491
28-08-2023 13.9976 15.1452
25-08-2023 13.9621 15.1045
24-08-2023 14.0264 15.1733
23-08-2023 14.0507 15.1988
22-08-2023 14.0374 15.1836
21-08-2023 14.0219 15.1661
18-08-2023 13.9897 15.1291
17-08-2023 13.9844 15.1226
16-08-2023 13.9923 15.1304
14-08-2023 13.9508 15.0841
11-08-2023 13.9751 15.108
10-08-2023 14.0203 15.1562
09-08-2023 14.0572 15.1953
08-08-2023 14.0103 15.1439
07-08-2023 14.0157 15.1489
04-08-2023 13.9965 15.1259
03-08-2023 14.0168 15.1471
02-08-2023 14.0759 15.2103
01-08-2023 14.2038 15.3477
31-07-2023 14.2245 15.3693
28-07-2023 14.1683 15.3063
27-07-2023 14.1606 15.2972
26-07-2023 14.2054 15.3448
25-07-2023 14.1452 15.279
24-07-2023 14.167 15.3018
21-07-2023 14.1697 15.3024
20-07-2023 14.2648 15.4044
19-07-2023 14.2228 15.3582
18-07-2023 14.1673 15.2976
17-07-2023 14.1647 15.294
14-07-2023 14.0978 15.2195
13-07-2023 14.038 15.1542
12-07-2023 14.0468 15.1629
11-07-2023 14.0685 15.1856
10-07-2023 14.0144 15.1265
07-07-2023 14.0226 15.133
06-07-2023 14.0994 15.2152
05-07-2023 14.0472 15.1581
04-07-2023 14.0227 15.1309
03-07-2023 13.9927 15.0978
30-06-2023 13.9274 15.025
28-06-2023 13.8263 14.9145
27-06-2023 13.763 14.8456
26-06-2023 13.7044 14.7816
23-06-2023 13.6968 14.7712
22-06-2023 13.76 14.8386
21-06-2023 13.8046 14.886
20-06-2023 13.78 14.8587
19-06-2023 13.7474 14.8228
16-06-2023 13.7821 14.858
15-06-2023 13.6977 14.7663
14-06-2023 13.7351 14.8058
13-06-2023 13.7229 14.792
12-06-2023 13.6625 14.7262
09-06-2023 13.6325 14.6916
08-06-2023 13.6399 14.6989
07-06-2023 13.6844 14.7461
06-06-2023 13.615 14.6706
05-06-2023 13.6157 14.6706
02-06-2023 13.5834 14.6336
01-06-2023 13.5277 14.5729
31-05-2023 13.5399 14.5853
30-05-2023 13.5755 14.6229
29-05-2023 13.5432 14.5874
26-05-2023 13.4966 14.535
25-05-2023 13.4224 14.4545
24-05-2023 13.3879 14.4165
23-05-2023 13.4118 14.4416
22-05-2023 13.3871 14.4143
19-05-2023 13.3596 14.3825
18-05-2023 13.3606 14.3829
17-05-2023 13.4497 14.4781
16-05-2023 13.4383 14.4651
15-05-2023 13.447 14.4737
12-05-2023 13.3863 14.4062
11-05-2023 13.4041 14.4247
10-05-2023 13.4408 14.4635
09-05-2023 13.4309 14.4521
08-05-2023 13.4397 14.4609
05-05-2023 13.398 14.4138
04-05-2023 13.4525 14.4717
03-05-2023 13.4304 14.4473
02-05-2023 13.4281 14.4441
28-04-2023 13.3845 14.3943
27-04-2023 13.3195 14.3237
26-04-2023 13.2945 14.296
25-04-2023 13.2656 14.2643
24-04-2023 13.2689 14.2671

Fund Launch Date: 14/Jun/2019
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment Objective: 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 investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Fund Description: An Open Ended Dynamic Asset Allocation Fund
Fund Benchmark: CRISIL Hybrid 35+65 - Aggressive Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.