Shriram Balanced Advantage Fund
Shriram Mutual Fund · Balanced Advantage · Direct plan, growth option
NAV (₹), 1 Oct 2026
18.1854
1-day change
-0.65%
1Y return
-2.9%
3Y CAGR
5.5%
5Y CAGR
5.8%
Max drawdown, 5Y
−13.7%
NAV history month-end NAV, ₹ · 12 Jul 2019 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.4% | -3.7% |
| 3 months | -3.1% | -2.4% |
| 6 months | 1.8% | 4.5% |
| Year to date | -6.7% | -2.4% |
| 1 year | -2.9% | 0.4% |
| 3 years (CAGR) | 5.5% | 8.8% |
| 5 years (CAGR) | 5.8% | 8.4% |
| 7 years (CAGR) | 8.7% | 10.7% |
| 10 years (CAGR) | n/a | 9.7% |
| Since first NAV (CAGR) | 8.6% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.6% | 9.0% |
| 3Y rolling median | 11.3% | 12.6% |
| 3Y rolling worst | 5.5% | 6.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 11.3% | 11.7% |
| 5Y rolling worst | 5.8% | 4.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 11.1% | 9.2% |
| Sharpe ratio | -0.07 | 0.35 |
| Sortino ratio | -0.09 | 0.50 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −14.6% | −15.3% |
| Maximum drawdown, last 10Y | n/a | −25.9% |
| Maximum drawdown, last 5Y | −13.7% | −9.9% |
| Current drawdown | −9.8% | −5.2% |
| Recovery time of worst fall | 108 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.57% a year and the Direct plan's 0.90%, a gap of 1.67%; over the last 3 years the Direct plan returned 1.88 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹37,15,517.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 0.92% to 0.90% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
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.
Stated asset allocation: Equity, Equity related instruments including Derivatives: 65% to 100%; Debt (including money market instruments, securitized debt & units of debt and liquid category schemes) & Cash: 0% to 35%
Benchmark (tier 1): CRISIL Hybrid 50+50 Moderate Index
Exit load: If redeemed / switched-out within 90 days from the date of allotment :- • Upto 12% of units: Nil • More than 12% of units: 1% of applicable Net Asset Value (NAV) If redeemed/switched-out after 90 days from the date of allotment: Nil
Minimum application: Rs. 500/-
Allotment date: 5 Jul 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.90% | 1.04% |
| AUM, whole scheme (₹ crore) | 41 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.8% | 0.2% TRI |
| Return, 3 years (AMFI) | 5.7% | 7.8% TRI |
| Return, 5 years (AMFI) | 6.0% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 14% | 44% median |
| Month-ends in category top quartile (3Y) | 4% | 16% median |
Official benchmark: CRISIL Hybrid 50+50 - Moderate Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -6.7% | n/a | – |
| 2025 | 1.2% | n/a | – |
| 2024 | 11.4% | n/a | – |
| 2023 | 21.4% | n/a | – |
| 2022 | 4.6% | n/a | – |
| 2021 | 11.5% | n/a | – |
| 2020 | 16.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,581 | -6.8% |
| 3 years | ₹3,60,000 | ₹3,54,511 | -1.0% |
| 5 years | ₹6,00,000 | ₹6,64,844 | 4.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Shriram Mutual Fund
Category: Balanced Advantage
Plan / option: Direct · Growth
AMFI scheme code: 147406
ISIN: INF680P01208
First NAV in MFIC data: 12 Jul 2019
History: 7.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Shriram Aggressive Hybrid Fund | Aggressive Hybrid | 0.96 | 8.3% |
| Shriram Multi Asset Allocation Fund | Multi Asset Allocation | 0.94 | 10.2% |
| Edelweiss Aggressive Hybrid Fund | Aggressive Hybrid | 0.92 | 12.0% |
| Edelweiss Balanced Advantage Fund | Balanced Advantage | 0.92 | 9.8% |
| Union Balanced Advantage Fund | Balanced Advantage | 0.92 | 7.6% |
| Helios Balanced Advantage Fund | Balanced Advantage | 0.91 | n/a |
Questions about Shriram Balanced Advantage Fund
- What is the latest NAV of Shriram Balanced Advantage Fund?
- The NAV of the Direct plan (growth option) was ₹18.1854 on 1 Oct 2026, as published by AMFI.
- Which category is Shriram Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Direct plans).
- What returns has Shriram Balanced Advantage Fund delivered?
- Over one year the NAV changed by -2.9%. The 3-year CAGR is 5.5% (category median 8.8%) and the 5-year CAGR is 5.8% (category median 8.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 11.3%, the lowest was 5.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Shriram Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 14.6%; within the last five years it was 13.7% (category median 9.9%).
- How volatile is Shriram Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 11.1%, which is above the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in Shriram Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,64,844 on 1 Oct 2026, an annualised return (XIRR) of 4.1%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Shriram Balanced Advantage Fund?
- The total expense ratio of the Direct plan is 0.90% a year, as disclosed to AMFI (median of Balanced Advantage Direct plans: 1.04%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Shriram Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹41 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Shriram Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Shriram Balanced Advantage Fund and how has it compared?
- Its official benchmark is the CRISIL Hybrid 50+50 - Moderate Index. Over 3 years AMFI reports a return of 5.7% for this plan against 7.8% for the benchmark total return index; over 5 years 6.0% against 7.2%. Past performance does not indicate future results.
- How often has Shriram Balanced Advantage Fund beaten its category?
- At 14% of the 51 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Direct plans); it was in the top quarter at 4% of them. A typical scheme would show about 50%.
- What is the exit load of Shriram Balanced Advantage Fund?
- As stated in its scheme documents: If redeemed / switched-out within 90 days from the date of allotment :- • Upto 12% of units: Nil • More than 12% of units: 1% of applicable Net Asset Value (NAV) If redeemed/switched-out after 90 days from the date of allotment: Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Shriram Balanced Advantage Fund?
- The minimum application amount is Rs. 500/-.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -2.9% and the Regular plan's by -4.5%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.