MonitorDirect · GrowthWatch before adding
Shriram Multi Asset Allocation Fund
Shriram Mutual FundHybrid Schemes - Multi Asset Allocation Fund3.1 years
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.
- NAV
- 13.334
- 29 Oct 2026
- 1Y
- -0.1%
- Trailing CAGR
- AUM
- ₹139.56 Cr
- 30 Sept 2026
- Volatility
- Medium
- 11.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Fits if · Three-year return sits below the 25th percentile of comparable share classes.
Prefer peers if · Prefer DSP Multi Asset Allocation Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.1 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.62% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -15.3%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% 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 ≈ 49.3% 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-0.1%
- 3Y+10.2%
- 5Yn/a
- 10Yn/a
- SI+9.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-4.4%
- 3Y+3.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +9.6%
- Calendar-day CAGR
- Excess 1Y
- -3.5%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +3.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.7%
- 31 daily-ending windows
- Median rolling 3Y
- +10.5%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -15.3%
- Worst peak-to-trough
- Current
- -7.0%
- Below last peak
- Current spell
- 273 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 35 recovered episodes
- Longest recovery
- 231 days
- Trough to prior peak
15 Jul 2024 – 17 Oct 2025
Trough 28 Feb 2025 · recovered in 231 days
-15.3%
29 Jan 2026 – open
Trough 23 Mar 2026 · not recovered
-11.1%
3 Jun 2024 – 27 Jun 2024
Trough 4 Jun 2024 · recovered in 23 days
-6.9%
7 Mar 2024 – 2 Apr 2024
Trough 19 Mar 2024 · recovered in 14 days
-3.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
28
Consistency
2
Risk-adjusted
42
Drawdown
62
Mean
27
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
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 87 holdings · top 10 are 49.3%.
- Top 5
- 34.8%
- Top 10
- 49.3%
- Largest holding
- 12.2%
- Effective holdings
- 26.0
Nippon India ETF Gold BeES IDCW
Unspecified
12.2%
UNION BANK OF INDIA CD 22FEB27
Financial
7.7%
BANK OF BARODA CD 12FEB27
Financial
7.0%
ICICI Bank Ltd
Financial
3.9%
HDFC Bank Ltd
Financial
3.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP Multi Asset Allocation Fund
DSP Mutual Fund
- 1Y
- +4.2%
- 3Y
- +17.3%
- Vol
- 8.9%
- Max DD
- -9.7%
- Sharpe
- 1.27
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital Multi Asset Allocation Fund
WhiteOak Capital Mutual Fund
- 1Y
- +6.0%
- 3Y
- +16.1%
- Vol
- 5.6%
- Max DD
- -6.1%
- Sharpe
- 1.58
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Invesco India Multi Asset Allocation Fund
Invesco Mutual Fund
- 1Y
- +5.1%
- 3Y
- n/a
- Vol
- 9.8%
- Max DD
- -11.0%
- Sharpe
- 0.65
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Mahindra Manulife Multi Asset Allocation Fund
Mahindra Manulife Mutual Fund
- 1Y
- +3.9%
- 3Y
- n/a
- Vol
- 9.0%
- Max DD
- -9.5%
- Sharpe
- 0.81
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Axis Multi Asset Allocation Fund
Axis Mutual Fund
- 1Y
- +2.0%
- 3Y
- +13.5%
- Vol
- 10.4%
- Max DD
- -27.4%
- Sharpe
- 0.47
- 3Y win
- +34%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER