MonitorDirect · GrowthWatch before adding
Shriram Balanced Advantage Fund
Shriram Mutual FundHybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation7.3 years
The scheme seeks 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.
- NAV
- 18.1921
- 26 Oct 2026
- 1Y
- -5.1%
- Trailing CAGR
- AUM
- ₹40.96 Cr
- 30 Sept 2026
- Volatility
- Medium
- 9.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer WhiteOak Capital Balanced Advantage Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.3 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.90% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -14.6%. Ask whether you can hold through a similar fall.
Vs category
Fail
15% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Hitesh Savanth · 0.4 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 48.6% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 15%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.1%
- 3Y+6.1%
- 5Y+5.6%
- 10Yn/a
- SI+8.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-6.6%
- 3Y-1.1%
- 5Y+4.0%
- 10Yn/a
- Since inception
- +8.5%
- Calendar-day CAGR
- Excess 1Y
- -2.3%
- Category median, same plan and option
- 3Y win rate
- +15%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- -1.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.3%
- 1056 daily-ending windows
- Median rolling 3Y
- +11.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 566 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -14.6%
- Worst peak-to-trough
- Current
- -9.8%
- Below last peak
- Current spell
- 759 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 90 recovered episodes
- Longest recovery
- 108 days
- Trough to prior peak
13 Feb 2020 – 9 Jul 2020
Trough 23 Mar 2020 · recovered in 108 days
-14.6%
27 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-13.7%
3 Jun 2024 – 3 Jul 2024
Trough 4 Jun 2024 · recovered in 29 days
-6.5%
18 Oct 2021 – 5 Aug 2022
Trough 17 Jun 2022 · recovered in 49 days
-6.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
35
Consistency
25
Risk-adjusted
42
Drawdown
63
Mean
33
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 79 holdings · top 10 are 48.6%.
- Top 5
- 29.9%
- Top 10
- 48.6%
- Largest holding
- 8.0%
- Effective holdings
- 31.2
Repo
Unspecified
8.0%
RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC
Financial
6.2%
BANK OF BARODA CD 12FEB27
Financial
6.0%
HDFC Bank Ltd
Financial
5.0%
CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100
Entities
4.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital Balanced Advantage Fund
WhiteOak Capital Mutual Fund
- 1Y
- -1.4%
- 3Y
- +11.4%
- Vol
- 7.9%
- Max DD
- -9.6%
- Sharpe
- 0.77
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Mirae Asset Balanced Advantage Fund
Mirae Asset Mutual Fund
- 1Y
- +0.1%
- 3Y
- +10.0%
- Vol
- 7.1%
- Max DD
- -7.5%
- Sharpe
- 0.62
- 3Y win
- +72%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Mutual Fund
- 1Y
- -1.2%
- 3Y
- +11.0%
- Vol
- 9.5%
- Max DD
- -9.8%
- Sharpe
- 0.42
- 3Y win
- +93%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Axis Balanced Advantage Fund
Axis Mutual Fund
- 1Y
- -2.1%
- 3Y
- +11.5%
- Vol
- 8.2%
- Max DD
- -17.2%
- Sharpe
- 0.48
- 3Y win
- +47%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
HSBC Balanced Advantage Fund
HSBC Mutual Fund
- 1Y
- -2.0%
- 3Y
- +9.2%
- Vol
- 6.6%
- Max DD
- -8.7%
- Sharpe
- 0.54
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER