EquitySectoral/ ThematicRegularGrowthVery High

Shriram Multi Sector Rotation Fund

Q: What is the NAV of Shriram Multi Sector Rotation Fund?

As of 05 Oct 2026, the NAV of Shriram Multi Sector Rotation Fund is ₹7.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Shriram Multi Sector Rotation Fund delivered?

Shriram Multi Sector Rotation Fund has returned -1.77% over 1 year and -13.93% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund charges an expense ratio of 2.71% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund's largest holdings are HDFC Bank Ltd. (7.0%), Axis Bank Ltd. (5.7%), Eternal Ltd. (5.4%), Reliance Industries Ltd. (5.0%) and State Bank of India (4.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.3% and its worst peak-to-trough fall in our sample was -31.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is managed by Hitesh Savanth and Prateek Nigudkar at Shriram.

Q: How is Shriram Multi Sector Rotation Fund taxed?

Shriram Multi Sector Rotation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Shriram Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹7.61

+0.49% 1D

as of 05 Oct 2026

This is the Regular plan of Shriram Multi Sector Rotation Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-2.67%absolute

52-week rangePrev NAV ₹7.58

Latest ₹7.61

Low ₹6.9351st percentile of its 52-week rangeHigh ₹8.27

Scorecard

★★☆☆☆2/5 vs 229 of 255 Sectoral/ Thematic peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Sectoral/ Thematic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 229 of the 255 Sectoral/ Thematic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

RiskModerate

Volatility 16.3% vs 15.6% category avg

CostHigh

2.7% expense vs 2.5% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Trails the Sectoral/ Thematic average on 1M/3M/6M/1Y — 1Y by 3.93pp
High expense ratio (2.71%) vs the Sectoral/ Thematic average of 2.46%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.71%

Category 2.46%▲0.25%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

17.73

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.36

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

• 1% of the applicable NAV, if redeemed within 3 months from the date of allotment. • Nil if redeemed after 3 months from the date of allotment

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹500

NIFTY 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

13 Dec 2024

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.39%

Absolute return over the last 3 months (not annualized)

-5.85%

Absolute return over the last 6 months (not annualized)

+6.73%

Absolute return since 1 Jan of this year (not annualized)

-6.04%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-1.77%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-13.93%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

16.27%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-31.05%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-5.39%	-4.57%	-0.82%
3M abs	-5.85%	-2.60%	-3.25%
6M abs	+6.73%	+11.41%	-4.68%
1Y CAGR	-1.77%	+2.16%	-3.93%
3Y CAGR	—	+12.50%	—
5Y CAGR	—	+10.82%	—

Category average across peers in Sectoral/ Thematic (up to 255 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 255 peers in Sectoral/ Thematic

1Y return

-1.77%

Beats 40.8% · rank #136

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.16L

Absolute

-3.13%

XIRR

-6.72%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Shriram Multi Sector Rotation Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-6.04%	-7.18%	+1.14%
2025	-19.40%	+7.94%	-27.34%
2024part	+0.67%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

446

Expense ratio

2.71%

AUM

₹171.03Cr

Portfolio turnover

122%

Exit load

• 1% of the applicable NAV, if redeemed within 3 months from the date of allotment. • Nil if redeemed after 3 months from the date of allotment

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

17.7

P/B ratio

3.8

Avg market cap

₹3,57,482Cr

P/E & P/B are portfolio-weighted harmonic means across 35 of 41 equity holdings (87% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Sectoral/ Thematic

Compare all


Shriram Multi Sector Rotation FundThis fund Shriram · Regular · Growth	★★☆☆☆ 1Y	-1.77%	—	—	—	2.71%	₹171.03Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · Growth	★★★★☆	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · Growth	★★★★☆	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · Growth	★★★★★	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · Growth	★★★☆☆	+31.28%	+23.90%	+8.86%	—	2.47%	₹720.84Cr
Nippon India Japan Equity Fund Nippon India · Regular · Growth	★★★☆☆	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap58.2%
Mid cap13.2%
Small cap28.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.40%
Cash & Equivalents0.60%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Shriram ELSS Tax Saver Fund Shriram · ELSS	59.8%	★☆☆☆☆	0.95%	+6.29%
Shriram Flexi Cap Fund Shriram · Flexi Cap Fund	58.5%	★☆☆☆☆	1.06%	+6.19%
Shriram Aggressive Hybrid Fund Shriram · Aggressive Hybrid Fund	48.1% of 72% equity	★☆☆☆☆	0.87%	+8.71%
Shriram Balanced Advantage Fund Shriram · Dynamic Asset Allocation or Balanced Advantage	46.6% of 69% equity	★☆☆☆☆	0.90%	+5.86%
Shriram Multi Asset Allocation Fund Shriram · Multi Asset Allocation	46.0% of 66% equity	★☆☆☆☆	0.62%	+10.74%
Nippon India Retirement Fund- Income Generation Scheme Nippon India · Retirement Fund	40.8% of 20% equity	★☆☆☆☆	0.98%	+6.19%
HSBC Large Cap Fund HSBC · Large Cap Fund	40.7%	★★☆☆☆	1.41%	+9.83%
UTI Balanced Advantage Fund UTI · Dynamic Asset Allocation or Balanced Advantage	40.1% of 68% equity	★★☆☆☆	0.91%	+7.68%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-31.1%31 Dec 2024 → 31 Mar 2026
Still below that high — 15 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹171.03Cr

April - June 2026

-5%

since January - March 2026

−₹1.69Cr

est. net flow, last quarter

At or near its largest, ₹179.50Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Shriram Mutual Fund is run by Shriram Asset Management, part of the Chennai-based Shriram Group. It is one of the industry's smallest houses by assets, running a handful of equity and hybrid schemes.

Launched

04 Dec 1994

Total AUM

₹1,171Cr+0.9% QoQ

Avg AUM · July - September 2026

Website

shriramamc.in

Fund Managers

HSHitesh SavanthStart date not disclosed

Role

Senior Fund Manager

Education

CFA Charter holder from CFA Institute & B.Com (Hons.). from Sri Sathya Sai Institute of Higher Learning

Experience

Mr. Hitesh has over 14 years of experience in the financial services industry, with expertise spanning investment advisory, portfolio management, and wealth management. Earlier he was associated with Shriram AMC as a Principal Officer & Fund Manager in its PMS division, he also served as Vice President at BugleRock Capital Private Limited. Earlier in his career, he worked as a Research Lead at William O’Neil India and as a Derivatives Analyst at Northern Trust Operating Services India

PNPrateek NigudkarStart date not disclosed

Experience

Mr. Prateek brings over 13 years of experience in 1 month managing equity funds, as well as in quantitative and fundamental research. Before his current role, he served as the Fund Manager at Jio BlackRock Mutual Fund. He has also held the position of Fund Manager at DSP Mutual Fund. Earlier in his career, he worked as a Quantitative Analyst at State Street Global Advisors and Credit Suisse Business Analytics, India

Funds managed (5)

All schemes Prateek Nigudkar runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Prateek Nigudkar

Top holdings

HDFC Bank Ltd.Axis Bank Ltd.Eternal Ltd.Reliance Industries Ltd.State Bank of India Mahindra & Mahindra Ltd.Bharti Airtel Ltd.Apollo Hospitals Enterprise Ltd.Samvardhana Motherson International Ltd.Adani Ports & Special Economic Zone Ltd.Computer Age Management Services Ltd.Indian Bank

Shriram in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of Shriram Multi Sector Rotation Fund?

As of 05 Oct 2026, the NAV of Shriram Multi Sector Rotation Fund is ₹7.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Shriram Multi Sector Rotation Fund delivered?

Shriram Multi Sector Rotation Fund has returned -1.77% over 1 year and -13.93% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund charges an expense ratio of 2.71% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund's largest holdings are HDFC Bank Ltd. (7.0%), Axis Bank Ltd. (5.7%), Eternal Ltd. (5.4%), Reliance Industries Ltd. (5.0%) and State Bank of India (4.1%). Holdings are disclosed monthly and change over time.

How risky is Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.3% and its worst peak-to-trough fall in our sample was -31.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages Shriram Multi Sector Rotation Fund?

Shriram Multi Sector Rotation Fund is managed by Hitesh Savanth and Prateek Nigudkar at Shriram.

How is Shriram Multi Sector Rotation Fund taxed?

Shriram Multi Sector Rotation Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.