June 14, 2024
mayank
Shriram Aggressive Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 35.7071
NAV IDCW: Rs 28.2440
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term Capital appreciation and current income with reduced volatility by investing in a judicious mix of a diversified portfolio of equity and Equity related investments, debt and money market instruments.
Fund Manager:
1) Deepak Ramaraju
Education: Mr. Ramaraju has done B.E.(Chemical Engineering).
Experience: Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology Center as a researcher and co-inventor.
2) Gargi Bhattacharyya Banerjee
Education: Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta.
Experience: Prior to joining Shriram Asset Management Co. Ltd she has worked with Zacks Research Pvt Ltd as Research Head and Shriram Insight Share Brokers Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 5,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption within 90 days |
Basic Details
| Fund House | Shriram Mutual Fund |
| Launch Date | 29-Nov-13 |
| Return Since Launch | 12.83% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 48 Cr |
| (As on 31-May-2024) | |
| Expense | 1.00% |
| (As on 30-Apr-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 322.10% |
Trailing Returns (%) of Shriram Hybrid Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Aggressive Hybrid Dir | 13.98 | 0.40 | 6.34 | 10.63 | 16.53 | 35.33 | 15.87 | 14.98 | 12.74 | 12.22 |
| VR Balanced TRI | 7.90 | 0.30 | 5.59 | 6.30 | 11.66 | 24.14 | 14.10 | 14.46 | 13.67 | 12.40 |
| Hybrid: Aggressive Hybrid | 13.06 | 0.48 | 6.53 | 11.32 | 16.00 | 32.31 | 17.05 | 16.67 | 14.10 | 14.19 |
| Rank within category | 15 | 30 | 26 | 23 | 16 | 11 | 24 | 25 | 20 | 20 |
| Number of funds in category | 46 | 47 | 46 | 46 | 45 | 44 | 43 | 37 | 29 | 23 |
Peer Comparison of Shriram Hybrid Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Shriram Aggressive Hybrid Dir | 3 star | 35.33 | 15.87 | 14.98 | 1.00 | 48 | 12.83 | 1.00 (90) | 10Y 6M | 322.10 |
| ICICI Pru Equity & Debt Dir | 5 star | 39.15 | 24.05 | 21.59 | 1.02 | 35,122 | 18.36 | 1.00 (365) | 11Y 5M | 29.00 |
| HDFC Children’s Gift Dir | 5 star | 28.85 | 18.69 | 18.72 | 0.97 | 9,019 | 16.93 | — | 11Y 5M | 11.54 |
| Kotak Equity Hybrid Dir | 4 star | 33.04 | 17.96 | 19.31 | 0.48 | 5,621 | 15.07 | 1.00 (365) | 11Y 5M | 54.57 |
| UTI Aggressive Hybrid Dir | 4 star | 33.76 | 18.61 | 17.92 | 1.27 | 5,512 | 13.98 | 1.00 (365) | 11Y 5M | 33.00 |
Portfolio Analysis of Shriram Hybrid Equity Fund
| No. of Stocks | 42 |
| Top 10 Holdings | 45.64% |
| Top 5 Stocks | 28.78% |
| Top 3 Sectors | 40.51% |
| Portfolio P/B Ratio | 4.05 |
| Portfolio P/E Ratio | 27.35 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,47,951 | 1,76,105 |
| Giant (%) | 62.77 | 54.03 |
| Large (%) | 25.40 | 17.84 |
| Mid (%) | 11.82 | 21.06 |
| Small (%) | — | 8.54 |
| Tiny (%) | — | 0.39 |
| Fund | Category | |
| Number of Securities | 50 | 76 |
| Macaulay Duration (yrs) | 2.73 | 4.02 |
| Average Maturity (yrs) | 3.37 | 6.69 |
| Yield to Maturity (%) | 7.57 | 7.53 |
| Avg Credit Rating | AAA | — |
How to Invest in Shriram Aggressive Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Shriram Aggressive Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.shriramamc.in/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks