Shriram Multi Asset Allocation Fund
Shriram Multi Asset is tilted defensively with meaningful gold exposure and substantial cash, betting on risk-off conditions while maintaining meaningful equity through a concentrated play in Indian banking and energy. The introduction of call options on cyclical stocks signals tactical hedging convictions despite the large equity allocation. The portfolio's 51% concentration in top ten holdings and recent reduction in net receivables suggests the manager is recalibrating liquidity management while preserving downside protection through precious metals.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹13.7459 | — | — | — | — |
| Regular Growth | ₹13.0945 | +0.45% | +9.72% | — | — |
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. | 0.20% |
| CALL ICICIBANK 26-May-2026 1440 | 0.00% |
| CALL ONGC 26-May-2026 320 | 0.00% |
| CALL LT 26-May-2026 4400 | 0.00% |
| CALL NTPC 26-May-2026 425 | 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 | -0.01% |
| 182 DAYS TBILL RED 04-06-2026 | 1.21% |
| Clearing Corporation of India Ltd. | 3.10% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Nippon India ETF Gold BeES INF204KB17I5 | 12.62% |
| 2 | 7.7% National Bank for Agriculture & Rural Development ** INE261F08EI9 | 6.81% |
| 3 | Reliance Industries Ltd. INE002A01018 | 5.51% |
| 4 | Net Receivables / (Payables) | 5.29% |
| 5 | HDFC Bank Ltd. INE040A01034 | 4.55% |
| 6 | ICICI Bank Ltd. INE090A01021 | 3.87% |
| 7 | Bharti Airtel Ltd. INE397D01024 | 3.68% |
| 8 | State Bank of India INE062A01020 | 3.12% |
| 9 | Clearing Corporation of India Ltd. INTREP040526 | 3.10% |
| 10 | Axis Bank Ltd. INE238A01034 | 2.66% |
| 11 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 2.60% |
| 12 | Nippon India ETF Silver INF204KC1402 | 2.51% |
| 13 | Infosys Ltd. INE009A01021 | 2.46% |
| 14 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.09% |
| 15 | Bajaj Finance Ltd. INE296A01032 | 1.99% |
| 16 | Mahindra & Mahindra Ltd. INE101A01026 | 1.93% |
| 17 | ITC Ltd. INE154A01025 | 1.62% |
| 18 | 7.835% LIC Housing Finance Ltd. ** INE115A07QO2 | 1.56% |
| 19 | Tata Consultancy Services Ltd. INE467B01029 | 1.51% |
| 20 | Larsen & Toubro Ltd. INE018A01030 | 1.33% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Shriram Multi Asset Allocation Fund hold?
Shriram Multi Asset Allocation Fund holds 79 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.36% of NAV.
What is the largest holding in Shriram Multi Asset Allocation Fund?
The largest position in Shriram Multi Asset Allocation Fund is Nippon India ETF Gold BeES, accounting for 12.62% of NAV.
Is Shriram Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.565, Shriram Multi Asset Allocation Fund is moderately concentrated. The HHI concentration index is 37,797 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.36% of the portfolio.
What is the market cap allocation of Shriram Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, Shriram Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 55.35%, Mid Cap: 3.71%, Small Cap: 9.15%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Shriram Multi Asset Allocation Fund invest in most?
Shriram Multi Asset Allocation Fund has the highest allocation to Banks (16.50%), ICRA AAA (7.19%), Petroleum Products (6.51%). The fund is invested across 39 sectors in total.
How actively managed is Shriram Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
Shriram Multi Asset Allocation Fund has an Active Share of 62.85%, classifying it as "Active Stock Picker" among 32 Multi Asset Allocation peers. This indicates a moderate level of differentiation from category peers.
What changed in Shriram Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Shriram Multi Asset Allocation Fund added 11 new stocks (including Sagility Ltd.) and exited 3 stocks (including ICICI Prudential Asset Mgmt Co Ltd.). Total holding count increased from 86 to 94 stocks.