January 13, 2025
mayank
Shriram Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Sahifund.com
NAV Growth: Rs 12.1657
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation with inflation beating returns by investing in Equity and Equity related securities, Debt and Money Market instruments, Gold/Silver ETFs, and REITs / InvITs. There is no assurance that the investment objective of the Scheme will be achieved.
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.
3) Sudip Suresh More
Education: Mr. More has done B.E. (EXTC), MMS (Finance) and FRM
Experience: Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 5,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 24 |
| Min. Balance (Rs) | — |
| 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 of Shriram Multi Asset Allocation Fund
| Fund House | Shriram Mutual Fund |
| Launch Date | 08-Sep-23 |
| Return Since Launch | 15.72% |
| Benchmark | NIFTY 50 TRI (70), NIFTY Short Duration Index (20), Domestic Price of Gold (8), Domestic Price of Silver (2) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 154 Cr |
| (As on 31-Dec-2024) | |
| Expense | 0.37% |
| (As on 30-Nov-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 380.50% |
Shriram Multi Asset Allocation Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Multi Asset Allocation Dir | -3.10 | -0.63 | -4.26 | -6.18 | -8.10 | 7.08 | — | — | — | — |
| VR Multi Asset TRI | -0.80 | -0.53 | -3.48 | -3.96 | -1.53 | 13.29 | — | — | — | — |
| Hybrid: Multi Asset Allocation | -0.95 | -0.51 | -2.96 | -2.67 | 0.17 | 14.65 | — | — | — | — |
| Rank within category | 41 | 25 | 33 | 39 | 39 | 30 | — | — | — | — |
| Number of funds in category | 42 | 42 | 40 | 40 | 39 | 31 | 22 | 12 | 8 | 8 |
Shriram Multi Asset Allocation Fund Peer Comparison
| 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 Multi Asset Allocation Dir | Unrated | 7.08 | — | — | 0.37 | 154 | 15.72 | 1.00 (90) | 1Y 4M | 380.50 |
| ICICI Pru Multi Asset Dir | 5 star | 17.76 | 18.87 | 20.87 | 0.69 | 51,027 | 16.83 | 1.00 (365) | 12Y | 30.00 |
| SBI Multi Asset Allocation Dir | 4 star | 13.15 | 14.72 | 14.65 | 0.50 | 6,983 | 12.24 | 1.00 (365) | 12Y | — |
| UTI Multi Asset Allocation Dir | 4 star | 20.05 | 17.96 | 16.10 | 0.60 | 4,963 | 10.43 | 1.00 (30) | 12Y | 293.00 |
| Quant Multi Asset Dir | 5 star | 24.11 | 19.65 | 28.63 | 0.62 | 3,201 | 15.74 | 1.00 (15) | 12Y | 248.00 |
Portfolio Analysis of Shriram Multi Asset Allocation Fund
| No. of Stocks | 38 |
| Top 10 Holdings | 47.52% |
| Top 5 Stocks | 33.23% |
| Top 3 Sectors | 35.40% |
| Portfolio P/B Ratio | 6.72 |
| Portfolio P/E Ratio | 39.84 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,69,459 | 2,11,715 |
| Giant (%) | 51.76 | 56.40 |
| Large (%) | 37.98 | 20.79 |
| Mid (%) | 8.10 | 19.11 |
| Small (%) | 2.16 | 6.28 |
| Tiny (%) | — | 0.04 |
| Fund | Category | |
| Number of Securities | 49 | 71 |
| Macaulay Duration (yrs) | 2.58 | 3.38 |
| Average Maturity (yrs) | 2.82 | 5.36 |
| Yield to Maturity (%) | 7.56 | 7.24 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Shriram Multi Asset Allocation Fund
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