Shriram Multi Sector Rotation Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 16, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Shriram Multi Sector Rotation Fund Direct Growth Plan currently has a NAV of ₹8.0467 as of 15 September 2026 and a scheme AUM of ₹162 Cr. Its 1-year, 3-year and 5-year returns are 3.44%, 0% and 0% respectively, and the fund is tagged as High Risk. Our view is that this is a portfolio for investors who can tolerate sharp swings and are comfortable with a strategy that can behave very differently from the broad market over shorter periods.
It has not yet built a long enough public track record to show stable multi-year compounding, and the recent return pattern has been uneven. That makes it better suited to investors who want sector rotation exposure and can hold through periods when the fund trails the benchmark or gives back part of earlier gains.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹8.0467 as of 15 Sep 2026 |
| AUM | ₹162 Cr |
| Expense Ratio | 0.78% |
| Launch Date | 09 Dec 2024 |
| Min SIP | ₹500 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 3M, Nil after 3M |
| Fund Managers | Prateek Nigudkar, Hitesh Savanth |
The fund is managed by Prateek Nigudkar and Hitesh Savanth.
Source data date: as of 15 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -4.68% | -4.81% |
| 3M | -0.52% | -3.63% |
| 1Y | 3.44% | -8.27% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Recent performance has been choppy. Over 1 month, the fund slipped 4.68%, which was still slightly better than the benchmark’s 4.81% decline, so the downside was not worse than the market by much. Over 3 months, the fund was down 0.52% while the benchmark fell 3.63%, which shows the fund held up better in that window even though the return remained negative.
The 1-year return is the clearest positive point at 3.44%, against the benchmark’s -8.27%. That gap suggests the fund has added value over the trailing year relative to the index it is measured against. At the same time, the short history matters: the fund was launched in December 2024, so the available record is still young and the longer-term numbers are not yet available in a way that can confirm a full market cycle.
The pattern in the return path is uneven rather than steadily rising. The fund has shown phases of recovery, but also noticeable pullbacks, which is typical of an active sector-rotation approach. In our view, that means the current 1-year lead over the benchmark should be read with caution rather than as a settled long-term edge.
Source data date: as of 15 Sep 2026
Should you BUY or HOLD Shriram Multi Sector Rotation?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Shriram Multi Sector Rotation? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Shriram Multi Sector Rotation Fund Direct Growth Plan | 5.07% | Data not available | Data not available |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.16% | 37.12% | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 30.67% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 28.09% | Data not available | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 27.47% | Data not available | Data not available |
| SBI Automotive Opportunities Fund Direct Growth Plan | 27.05% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund’s 1-year return is far below the strongest peer figures in the table, but the comparison is not uniform across horizons because several peer 3-year and 5-year figures are unavailable. That means the short-term picture is clearly weaker than the leaders, while the longer-term comparison cannot be judged cleanly for most peers. The available numbers still suggest that the fund has yet to build the same level of recent momentum seen in several specialised sector strategies.
Source data date: as of 15 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| HDFC Bank Ltd. | Bank | 7.05% |
| Axis Bank Ltd. | Bank | 5.74% |
| Eternal Ltd. | Retailing | 5.43% |
| Reliance Industries Ltd. | Crude Oil | 4.98% |
| State Bank of India | Bank | 4.07% |
| Mahindra & Mahindra Ltd. | Automobile & Ancillaries | 3.41% |
| Bharti Airtel Ltd. | Telecom | 3.14% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 3.1% |
| Samvardhana Motherson International Ltd. | Automobile & Ancillaries | 3% |
| Adani Ports & Special Economic Zone Ltd. | Logistics | 2.85% |
The top 10 holdings account for approximately 42.77% of the portfolio.
To see all holdings, visit the Shriram Multi Sector Rotation Fund Direct Growth Plan page
The largest holding is HDFC Bank Ltd. at 7.05%, which is meaningful but not overpowering on its own. The next few positions are still sizable, with Axis Bank Ltd., Eternal Ltd. and Reliance Industries Ltd. all above 4.5%, so the portfolio begins with a fairly active spread rather than a single dominant bet.
The weight drops to 2.85% by the tenth holding, which shows a moderate taper from the top position to the lower end of the disclosed list. That pattern suggests the fund is not concentrated in one or two names alone, but the top 10 still carry a meaningful slice of assets. With 41 holdings in total and 42.77% represented by the top 10, the remaining positions likely form a longer tail that may help diversify individual-stock impact.
Our view is that this mix can give the fund room to express sector ideas while still avoiding extreme single-stock concentration. The trade-off is that the portfolio may react more sharply when its larger holdings or favoured sectors fall out of favour.
Source data date: as of 15 Sep 2026
Who should invest
This fund fits investors who can accept High Risk and do not need smooth month-to-month outcomes. The 1-year result is positive, but the shorter windows are weaker and the fund has not yet shown long, steady compounding.
It suits a medium- to long-term horizon because a sector-rotation strategy needs time for its active calls to play out. Compared with the benchmark, the fund has recently behaved better over 3 months and 1 year, but the short record means that edge is still not fully proven.
The main trade-off is clear: investors get exposure to an active, multi-sector approach with the chance of beating the benchmark over some periods, but they must also be comfortable with uneven returns and stretches of underperformance.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% if units are sold within 3 months; nil after 3 months.
Source data date: as of 15 Sep 2026
Frequently asked questions
What is the current NAV of Shriram Multi Sector Rotation Fund Direct Growth Plan?
The current NAV is ₹8.0467 as of 15 September 2026.
What are the 1-year, 3-year and 5-year returns?
The 1-year return is 3.44%, while the 3-year and 5-year returns are both 0% in the current record.
How has it done versus the benchmark?
It has done better than the benchmark over 1 month, 3 months and 1 year. The 1-year gap is the clearest, with the fund at 3.44% versus the benchmark at -8.27%.
How does it compare with the peer funds listed here?
Its 1-year return is lower than the peer returns shown in the table, while several 3-year and 5-year peer figures are not available for a like-for-like comparison. The short-term comparison is therefore more complete than the longer-term one.
What is the minimum SIP amount?
The minimum SIP amount is ₹500.
What is the exit load and who manages the fund?
The exit load is 1% if units are sold within 3 months and nil after 3 months. The fund is managed by Prateek Nigudkar and Hitesh Savanth.
Bottom line
Shriram Multi Sector Rotation Fund Direct Growth Plan has a better 1-year record than its benchmark, but the shorter windows have been uneven and the longer track record is still too limited to call it settled. The peer comparison also shows that its recent return is well below several specialised funds, even though many longer-horizon peer figures are unavailable. With a High Risk tag and a portfolio that starts with a meaningful but not extreme top-weight concentration, it may suit investors who want active multi-sector exposure and can tolerate volatility.
Published on 16 September 2026 at 8:24 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.