{"id":249263,"date":"2026-09-16T13:08:00","date_gmt":"2026-09-16T07:38:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T13:08:00","modified_gmt":"2026-09-16T07:38:00","slug":"shriram-balanced-advantage-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/","title":{"rendered":"Shriram Balanced Advantage Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/shriram-balanced-advantage-fund-g-direct-plan\">Shriram Balanced Advantage Fund Direct Growth Plan<\/a> had a NAV of \u20b918.5023 as of 15 Sep 2026 and scheme AUM of \u20b942 Cr. Its 1-year, 3-year and 5-year returns are -1.37%, 5.78% and 6.26% respectively, and the scheme is tagged High Risk. Our view is that this is a relatively small hybrid fund with a cautious growth profile over longer periods, but the recent return pattern has been weaker than its longer-run trend.<\/p>\n<p>The fund may suit investors who can accept volatility in exchange for a hybrid allocation that mixes debt, cash and equity exposures, but the recent one-year result shows that short-term outcomes can still be uneven. The benchmark comparison also suggests that the fund has held up better over 3 years and 5 years than over 1 year, so the fund looks more suitable for a patient horizon than for someone focused on near-term stability.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Shriram_Balanced_Advantage\" title=\"Should you BUY or HOLD Shriram Balanced Advantage?\">Should you BUY or HOLD Shriram Balanced Advantage?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shriram-balanced-advantage-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b918.5023 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b942 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>05 Jul 2019<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>NIL for 12% of units and 1% for remaining units on or before 90D, Nil after 90D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Prateek Nigudkar, Hitesh Savanth, Amit Modani<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Prateek Nigudkar, Hitesh Savanth and Amit Modani.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-3.19%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>-0.92%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>-1.37%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>5.78%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.26%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance has been soft in absolute terms, with both the 1-month and 3-month figures in negative territory. Even so, the fund was less weak than the benchmark in those windows, which tells us it preserved value better than the index during a choppy stretch.<\/p>\n<p>The one-year result follows the same pattern. The fund is still negative over 1 year, but it is materially ahead of the benchmark, which fell more sharply over the same period. That is useful, but it also shows that the fund has not delivered positive short-term compounding over the latest full year.<\/p>\n<p>Over 3 years and 5 years, the picture improves. The fund\u2019s returns are positive and slightly ahead of the benchmark in both periods, which suggests that the longer holding pattern has been more constructive than the recent one-year stretch. Our read is that the fund has not built momentum recently, but its medium- to long-term profile has been steadier than the benchmark.<\/p>\n<p>The pattern of movement over the longer windows also looks uneven rather than smooth, which is consistent with a high-risk hybrid strategy. That means investors may see periods of drawdown even when the longer horizon remains positive, so the fund looks better suited to someone who can tolerate variation and wait through weaker phases.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Shriram_Balanced_Advantage\"><\/span>Should you BUY or HOLD Shriram Balanced Advantage?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>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.<\/p>\n<p><strong>Already holding Shriram Balanced Advantage? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/shriram-balanced-advantage-fund-g-direct-plan\">Shriram Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>-1.37%<\/td>\n<td>5.78%<\/td>\n<td>6.26%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/unifi-dynamic-asset-allocation-fund-g-direct-plan\">Unifi Dynamic Asset Allocation Fund Direct Growth Plan<\/a><\/td>\n<td>8.55%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-balanced-advantage-fund-g-direct-plan\">Edelweiss Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>5.46%<\/td>\n<td>10.37%<\/td>\n<td>9.51%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-balanced-advantage-fund-g-direct-plan\">Aditya Birla SL Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>5.17%<\/td>\n<td>10.96%<\/td>\n<td>9.97%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-balanced-advantage-fund-g-direct-plan\">Bank of India Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>4.92%<\/td>\n<td>8.7%<\/td>\n<td>10.45%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-balanced-advantage-fund-g-direct-plan\">Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>4.39%<\/td>\n<td>10.99%<\/td>\n<td>10.59%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s one-year return is below the peer set shown here, while several peers have posted positive 1-year numbers. That makes the recent stretch look weaker than the group\u2019s better short-term outcomes, although the fund still remained ahead of the benchmark on that horizon.<\/p>\n<p>The longer picture is mixed. Its 3-year and 5-year returns are positive, but the available peer set shows several funds with materially higher numbers over those same periods, so the fund\u2019s medium- and long-term record appears more modest than the stronger peer outcomes. The short-term story and the longer-term story do not fully align: the fund has protected itself better than the benchmark recently, but it has not matched the stronger compounding seen in some peers.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Treps_Red_01.09.2026<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>8.62%<\/td>\n<\/tr>\n<tr>\n<td>8.54% REC Ltd NCD Red 15-11-28 **<\/td>\n<td>Corporate Debt<\/td>\n<td>5.85%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda CD Red 12-02-27 ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.65%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>4.75%<\/td>\n<\/tr>\n<tr>\n<td>6.54% Govt of India Red 17-01-2032<\/td>\n<td>Government Securities<\/td>\n<td>4.68%<\/td>\n<\/tr>\n<tr>\n<td>Union Bank of India CD Red 22-02-2027 ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.51%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>4.29%<\/td>\n<\/tr>\n<tr>\n<td>Reliance Industries Ltd.<\/td>\n<td>Crude Oil<\/td>\n<td>4.10%<\/td>\n<\/tr>\n<tr>\n<td>State Bank of India<\/td>\n<td>Bank<\/td>\n<td>3.23%<\/td>\n<\/tr>\n<tr>\n<td>Bharti Airtel Ltd.<\/td>\n<td>Telecom<\/td>\n<td>2.80%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is Treps_Red_01.09.2026 at 8.62%, which is meaningful but not dominant on its own. The drop from the first holding to the tenth is gradual rather than abrupt, moving from 8.62% down to 2.80%, so the disclosed positions look spread across several names instead of being concentrated in one single bet.<\/p>\n<p>The top 10 holdings account for approximately 48.48% of the portfolio, and the fund discloses 49 holdings in total. That combination suggests a reasonably broad tail beyond the largest positions, even though the top holdings still carry a sizable share of assets and could have greater influence on short-term portfolio behavior.<\/p>\n<p>Because the portfolio includes cash equivalents, corporate debt, certificates of deposit, government securities and equity holdings, the blend may help moderate the fund\u2019s path compared with a pure equity strategy. At the same time, the mix still leaves enough exposure to market-sensitive holdings that the fund could remain volatile, especially when the equity and credit portions move in different directions.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/shriram-balanced-advantage-fund-g-direct-plan\">Shriram Balanced Advantage Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund looks suited to investors with a higher tolerance for volatility who still want a hybrid structure rather than a pure equity fund. The High Risk label and the weak 1-year outcome both point to the need for patience, while the positive 3-year and 5-year returns show that the longer holding period has been more constructive than the latest year.<\/p>\n<p>In our view, it fits better for a medium- to long-term horizon where interim swings can be absorbed. The main trade-off is that the portfolio may cushion some downturns better than the benchmark, but it has not delivered consistently strong short-term returns, so the investor has to accept uneven progress in exchange for a broader hybrid setup.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The exit load is nil for 12% of units and 1% for the remaining units when sold on or before 90 days. After 90 days, there is no exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Shriram Balanced Advantage Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b918.5023 as of 15 Sep 2026.<\/p>\n<p><strong>How has the fund performed over 1 year, 3 years and 5 years?<\/strong><br \/>Its 1-year return is -1.37%, the 3-year return is 5.78% and the 5-year return is 6.26%.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has been ahead of the benchmark over 3 years and 5 years, and it also fell less than the benchmark over 1 month, 3 months and 1 year.<\/p>\n<p><strong>Which peer fund has the strongest 1-year return among the listed peers?<\/strong><br \/>Unifi Dynamic Asset Allocation Fund Direct Growth Plan has the strongest 1-year return among the listed peers at 8.55%. Several other peers also show positive 1-year returns, while this fund is negative over the same period.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Prateek Nigudkar, Hitesh Savanth and Amit Modani. The exit load is nil for 12% of units and 1% for the remaining units when sold on or before 90 days, and there is no exit load after 90 days.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The fund\u2019s recent return pattern is weaker than its longer-term trend, with a negative 1-year result but positive 3-year and 5-year returns. Compared with the benchmark, it has held up better over the same periods, yet several peer funds have posted stronger medium- and long-term numbers. The portfolio has a noticeable mix of cash, debt, deposits, government securities and equities, which may diversify outcomes but can still leave the scheme volatile. It looks more suitable for patient investors who can handle a high-risk hybrid profile.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 1:07 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Shriram Balanced Advantage Fund Direct Growth Plan\",\"identifier\":\"shriram-balanced-advantage-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"05 Jul 2019\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":18.5023,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"42 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":-1.37},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":5.78},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.26},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Prateek Nigudkar, Hitesh Savanth, Amit Modani\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Shriram Balanced Advantage Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b918.5023 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed over 1 year, 3 years and 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is -1.37%, the 3-year return is 5.78% and the 5-year return is 6.26%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been ahead of the benchmark over 3 years and 5 years, and it also fell less than the benchmark over 1 month, 3 months and 1 year.\"}},{\"@type\":\"Question\",\"name\":\"Which peer fund has the strongest 1-year return among the listed peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Unifi Dynamic Asset Allocation Fund Direct Growth Plan has the strongest 1-year return among the listed peers at 8.55%. Several other peers also show positive 1-year returns, while this fund is negative over the same period.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Prateek Nigudkar, Hitesh Savanth and Amit Modani. The exit load is nil for 12% of units and 1% for the remaining units when sold on or before 90 days, and there is no exit load after 90 days.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shriram Balanced Advantage Fund Direct Growth Plan had a NAV of \u20b918.5023 as of 15 Sep 2026, AUM of \u20b942 Cr and 1Y\/3Y\/5Y returns of -1.37%\/5.78%\/6.26%.<\/p>\n","protected":false},"author":38,"featured_media":249262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249262"],"rank_math_title":["Shriram Balanced Advantage Fund Review 2026 | NAV, Returns"],"rank_math_description":["Shriram Balanced Advantage Fund Direct Growth Plan NAV is \u20b918.5023. 1Y return: -1.37%; 5Y return: 6.26%."],"rank_math_focus_keyword":["Shriram Balanced Advantage Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Shriram_Balanced_Advantage_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=249263"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249262"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}