Shriram Mutual Fund launches Shriram Balanced Advantage Fund

NFO period: 14^th June – 28^th June, 2019

Highlights of the NFO:

• Scheme type – An open ended Dynamic Asset Allocation Fund


• Investment 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. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.


• Product suitability – The product is suitable for investors who are seeking capital appreciation along with generation of income over a long period of time by investing in equity, equity related securities & debt, money market instruments while managing risk through active allocation. Moderately High Risk.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 500/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Dividend Option (Payout/Reinvestment).


• Fund Managers – Mr. Kartik Soral


• Benchmark – CRISIL Hybrid 35+65 - Aggressive Index