Shriram Multi Asset Allocation Fund
Shriram Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹13.6401 | — | — | — | — | — | — |
| Regular Growth | ₹12.9941 | +1.20% | -2.73% | +0.86% | +10.10% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
79
Top 5 Weight
33.36%
Top 10 Weight
48.52%
Active Share
—
Large Cap
55.35%
Gini
0.565
What Changed2026-03-31 → 2026-04-30
Holdings: 86 → 94+11 added−3 removed17 weight shifts ≥ 0.1%
| 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
Banks16.5%
ICRA AAA7.2%
Petroleum Products6.5%
Pharmaceuticals & Biotechnology5.5%
IT - Software5.3%
Automobiles4.4%
Telecom - Services3.7%
Finance2.7%
Construction2.2%
Industrial Products2.2%
Top 10 sectors by % to NAV. Excludes derivatives.