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
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹18.5025 | — | — | — | — |
| Regular Growth | ₹16.2863 | -1.18% | -3.24% | +6.62% | +6.35% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Sagility Ltd. | 0.16% |
| PUT NIFTY 30-Jun-2026 23000 | 0.07% |
| CALL ICICIBANK 26-May-2026 1440 | 0.00% |
| CALL NTPC 26-May-2026 425 | 0.00% |
| CALL ONGC 26-May-2026 320 | 0.00% |
| CALL LT 26-May-2026 4400 | 0.00% |
| CALL AXISBANK 26-May-2026 1400 | 0.00% |
| CALL HCLTECH 26-May-2026 1320 | 0.00% |
| CALL ADANIPORTS 26-May-2026 1700 | 0.00% |
| CALL SUNPHARMA 26-May-2026 1880 | 0.00% |
| Clearing Corporation of India Ltd. | 0.58% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) | 9.43% |
| 2 | 7.7% National Bank for Agriculture & Rural Development ** INE261F08EI9 | 8.09% |
| 3 | HDFC Bank Ltd. INE040A01034 | 6.26% |
| 4 | Reliance Industries Ltd. INE002A01018 | 5.57% |
| 5 | 8.54% REC Ltd. ** INE020B08BE3 | 4.93% |
| 6 | 7.45% Export Import Bank of India ** INE514E08GB4 | 3.93% |
| 7 | Bharti Airtel Ltd. INE397D01024 | 3.87% |
| 8 | 6.54% Government of India IN0020210244 | 3.86% |
| 9 | ICICI Bank Ltd. INE090A01021 | 3.85% |
| 10 | State Bank of India INE062A01020 | 3.18% |
| 11 | ITC Ltd. INE154A01025 | 2.57% |
| 12 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 2.40% |
| 13 | Mahindra & Mahindra Ltd. INE101A01026 | 2.39% |
| 14 | Axis Bank Ltd. INE238A01034 | 2.18% |
| 15 | Infosys Ltd. INE009A01021 | 2.13% |
| 16 | 7.835% LIC Housing Finance Ltd. ** INE115A07QO2 | 2.08% |
| 17 | Bajaj Finance Ltd. INE296A01032 | 1.90% |
| 18 | HCL Technologies Ltd. INE860A01027 | 1.84% |
| 19 | Kotak Mahindra Bank Ltd. INE237A01036 | 1.82% |
| 20 | Bharat Petroleum Corporation Ltd. INE029A01011 | 1.66% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Shriram Balanced Advantage Fund hold?
Shriram Balanced Advantage Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 28.78% of NAV.
What is the largest holding in Shriram Balanced Advantage Fund?
The largest position in Shriram Balanced Advantage Fund is Net Receivables / (Payables), accounting for 9.43% of NAV.
Is Shriram Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.527, Shriram Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 30,521 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 28.78% of the portfolio.
What is the market cap allocation of Shriram Balanced Advantage Fund?
Based on SEBI's AMFI classification, Shriram Balanced Advantage Fund's equity portfolio is split as: Large Cap: 59.75%, Mid Cap: 4.56%, Small Cap: 8.75%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Shriram Balanced Advantage Fund invest in most?
Shriram Balanced Advantage Fund has the highest allocation to Banks (17.29%), CRISIL AAA (10.94%), ICRA AAA (8.09%). The fund is invested across 39 sectors in total.
How actively managed is Shriram Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Shriram Balanced Advantage Fund has an Active Share of 59.70%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Shriram Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Shriram Balanced Advantage Fund added 11 new stocks (including Sagility Ltd.) and exited 4 stocks (including Manappuram Finance Ltd.). Total holding count increased from 82 to 89 stocks.