Shriram Balanced Advantage Fund

Shriram's balanced fund has tilted decisively toward equity exposure at 67%, signaling optimism despite maintaining a defensive 10% cash buffer. The portfolio is heavily anchored in quality financials and government-backed entities, with banks alone representing 17% of holdings, alongside substantial allocations to AAA-rated debt instruments—reflecting a preference for stability within a growth-oriented mandate. The month's tactical shifts, including new derivatives positions and exits from NBFC plays, suggest the manager is selectively hedging equity upside while maintaining conviction in banking and infrastructure exposure.

Portfolio analysis · April 2026