Shriram Multi Asset Allocation Fund
NAV : ₹ 12.703 as of 27 June, 2024
Overview
₹ 142.75 Cr
Fund size
₹ 1000
Min SIP
₹ 5000
Lumpsum
18 August 2023
Launch date
Growth
Fund plan
Regular
Scheme type
Equity Holding(s) Distribution
Other Scheme Info
Expense Ratio
Inclusive of GST
2.35%
Stamp Duty
0.005%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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Fund Managers
Gargi Bhattacharyya Banerjee
Oct 2016 - Present
Fund House
Shriram Mutual Fund
Total AUM: 419.55Cr
Shriram Asset Management Company Limited operates within the 'Shriram' Group, a conglomerate deeply entrenched in a wide array of financial services spanning commercial vehicles, life and general insurance, stock broking, consumer finance, chit funds, and financial product distribution. Holding a majority stake of 68.67% in the fund house, Shriram Credit Company Limited (SCCL) supervises various s...View Shriram Multi Asset Allocation Fund AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of Shriram Multi Asset Allocation Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Shriram Multi Asset Allocation Fund is ₹12.7
What is the AUM of Shriram Multi Asset Allocation Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Shriram Multi Asset Allocation Fund is ₹142.75 Cr.
What is the minimum SIP amount for Shriram Multi Asset Allocation Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Shriram Multi Asset Allocation Fund is ₹1000
What is the Expense Ratio of Shriram Multi Asset Allocation Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Shriram Multi Asset Allocation Fund is 2.35%
What is the Exit load of Shriram Multi Asset Allocation Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Shriram Multi Asset Allocation Fund is Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days..
