Shriram Mutual Fund

Shriram Mutual Fund

Shriram Asset Management Company Limited is an important part of the ‘Shriram’ Group. This company specialises in providing financial services such as consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products. The company got incorporated on 27th July 1994. However, the Certificate of Commencement of Business was received on 5th December 1994. On 21st November 1994, the company received permission from the Securities and Exchange Board of India (SEBI) to act as the Asset Management Company of Shriram Mutual Fund.

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With the commencement of its operations in the stock market on 5th December 1994, the Shriram Asset Management Company started investing and dealing in Shriram mutual funds. However, the Shriram Credit Company Limited (SCCL) possesses a 68.67% controlling stake in the fund house and hence is responsible for regulating myriad stock market operations and decisions for the company’s mutual fund operations. View More

Being a subsidiary company of the conglomeration of the Shriram Group, SCCL is assigned to manage the investment patterns of Shriram Mutual Funds. It is listed on the Bombay Stock Exchange, with registration number 8215. An acclaimed financial services company, it has a paid-up capital of INR 240,631296.

Shriram Mutual Fund originated as a trust and was eventually registered under the Indian Trusts Act on 27th May 1994. Its registration with SEBI was on 21st November 1994. The registration number for the same is MF/017/94/4.

Shriram Mutual Funds displays an ideal investment market to investors as per their diverse needs. This fund has shown tremendous results in the past, thereby generating returns of 2.34% to 4% annually on an average across various fund types. Since all these funds, provided by Shriram Mutual Funds, are open-ended in nature, it suits the liquidity aspect of the investors very well.

Shriram Mutual Fund Key Information

  • Name of the Mutual Fund
  • Shriram Mutual Fund
  • Setup Date
  • 34673
  • Date of Incorporation
  • 34542
  • Sponsor Name
  • Shriram Credit Company Ltd.
  • Trustee Name
  • Dr Qudsia GandhiMr. Mani SridharMr. Ramamirtham Thiagarajan
  • Chairman
  • Mr S Krishnamurthy
  • Chief Operating Offier / Chief Finance Officer
  • Mr Rohit Kumar Chawda
  • Compliance Officer
  • Ms Sneha Jaiswal
  • Assets Managed
  • INR 38.66 cr. (Aug-05-2022)
  • Custodian
  • Stock Holding Corporation of India Limited
  • Registrars
  • Computer Age Management Services Pvt. Ltd. (CAMS)
  • Address
  • CK-6, 2nd Floor, Sector II, Salt Lake City, Kolkata – 700091
  • Telephone Nos.
  • 033-23373012
  • Fax Nos.
  • 033-23373014
  • E-mail
  • info@shriramamc.in

Shriram Mutual Fund Managers

Kartik Soral

Having experience of more than ten years, Mr Kartik Soral is a Senior fund manager at Shriram Mutual Funds. He holds a B.Tech degree in Chemical engineering from IIT-BHU and PGDM from IIM Ahmedabad. He is highly proficient in risk management, technical factor analysis and portfolio construction skills.

Gargee Bhattacharya Banerjee

Currently serving as an equity research manager at Shriram Mutual Funds, Mrs Gargi Bhattacharya joined the company in November 2012. She is responsible for segregation equity securities with high potential through financial modelling to improve investment accuracies.

Chandana Dutt

Ms Dutt currently handles the post of Chief Financial Officer (CFO) at Shriram Mutual Funds. In her previous work portfolio, she was a corporate accounts manager where she had to deal with internal and statutory audits, tax assessments and accounts finalisation.

Tanmoy Sengupta

Holding the portfolio of Compliance Officer at Shriram Mutual Funds for the last six years, Mr Tanmoy Sengupta has an M. Com degree and AICWA from ICAI. He has experience of 16 years in his professional field. Before this, he worked as an Assistant Compliance Officer at Shriram Share Brokers Limited.

Reena Yadav

Being the Company Secretary for more than 15 years now at Shriram Mutual Funds, Ms Reena Yadav possesses an ACS degree She has been associated with the company since 2008 and was the company’s Assistant Secretary from 2008-2011. However, after a brief hibernation, she joined back as Company Secretary in August 2012.

Sneha Jaiswal

Serving as the investor service officer at Shriram Mutual Funds, Ms Sneha has been attached to the company for more than seven years. She possesses an ACS degree from the Institute of Company Secretaries in India, and she is presently responsible for looking into investor-related issues of registrars and transfer agent activities.

How to Invest in Shriram Mutual Fund?

If you want to invest in Shriram Mutual FundMutual Fund, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add Shriram Mutual Fund and other mutual funds to your portfolio. The steps to invest in Shriram Mutual Fund online is as follows: View More

Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.

Step 2: Search for the Shriram Mutual Fund scheme you want to invest in.

Step 3: Select the option that fits your requirement and risk appetite.

Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum.

Step 5: Input the amount you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the Shriram Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.

Top 10 Shriram Mutual Fund to Invest

  • Fund Name
  • Min SIP Investment Amt
  • AUM (Cr.)
  • 3Y Return

Shriram Flexi Cap Fund – Direct Growth is an Flexi Cap scheme that was launched on 28-09-18 and is currently under the management of our experienced fund manager Deepak Ramaraju. With an impressive AUM of ₹65 Crores, this scheme's latest NAV is ₹17.3749 as of 18-08-23.

Shriram Flexi Cap Fund – Direct Growth scheme has delivered a return performance of 8.1% in the last 1 year, 17.3% in the last 3 years, and an 12% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Flexi Cap funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹65
  • 3Y Return
  • 8.1%

Shriram Overnight Fund – Direct Growth is an Overnight scheme that was launched on 26-08-22 and is currently under the management of our experienced fund manager Deepak Ramaraju. With an impressive AUM of ₹87 Crores, this scheme's latest NAV is ₹10.6301 as of 18-08-23.

Shriram Overnight Fund – Direct Growth scheme has delivered a return performance of -% in the last 1 year, -% in the last 3 years, and an 6.3% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Overnight funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹87
  • 3Y Return
  • -%

Shriram Balanced Advantage Fund – Direct Growth is an Dynamic Asset Allocation or Balanced Advantage scheme that was launched on 05-07-19 and is currently under the management of our experienced fund manager Deepak Ramaraju. With an impressive AUM of ₹46 Crores, this scheme's latest NAV is ₹15.1291 as of 18-08-23.

Shriram Balanced Advantage Fund – Direct Growth scheme has delivered a return performance of 6% in the last 1 year, 11.3% in the last 3 years, and an 10.6% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation or Balanced Advantage funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹46
  • 3Y Return
  • 6%

Frequently Asked Questions

How much should I invest in a Shriram Mutual Fund?

The minimum investment as per requirements is the initial minimum amount for Shriram Balanced Advantage Fund is ₹5,000, and for SIP, it is ₹1,000.

Can you increase the SIP amount for a Shriram Mutual Fund?

You can increase the SIP amount for a Shriram Mutual Fund. You can use the Step-up or top-up SIPs on the 5paise app.

Do I need a DEMAT account for investing in Shriram Mutual FundMutual Fund with 5Paisa?

You do not need to open a DEMAT account to buy Mutual Funds. Using 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App – makes it simple to invest in mutual funds. You only need to download the 5paisa Invest App to open an MF account.

How many investment options does Shriram Mutual Fund AMC offer?

Shriram Mutual Fund, which has an AUM of Rs 201 crores, offers 4 schemes in 3 different categories: 2 equity, undefined debt, and 2 hybrid mutual funds. Consider investing in mutual fund plans that match your investment goals, risk tolerance, and fund options.

What is the investment objective of Shriram Mutual Funds?

The Scheme’s investment goal would be to generate long-term capital appreciation and current income with low volatility by investing in a well-diversified portfolio of equity and equity-related investments, debt, and money market instruments.

What is the minimum amount to start a Shriram Mutual Fund SIP online?

Investors can start investing through SIP with a minimum of Rs.1000, making it one of the easiest and most convenient investment methods. Additionally, the investors can give the bank a mandate to make the SIP investment automatically each month.

What are the additional benefits of investing in Shriram Mutual Fund with 5Paisa?

You can invest in Shriram Mutual Fund and other investment options with 5Paisa for ZERO commission. The company’s advantages are professional management, a simple SIP or lump sum investment process, liquidity transparency, and the ability to choose from various options.

Can you stop a Shriram Mutual Fund online?

Yes, you can stop a Shriram Mutual Fund online by first having to sign into your mutual fund account and click on ‘cancel SIP’. Your SIP will be discontinued within 30 days after you place this request. The process is simple on the 5paise app.

How do I start my investment journey in Mutual Funds?

  1. Begin with any amount, preferably with small amounts as low as 500. and after a while, proceed to diversify your investments by choosing multiple stocks and other instruments such as debt, gold, etc. choose SIPs or automate your monthly investment to ensure that you pay timely instalments.
    Begin automating your monthly investments (SIP)

What is the difference between close-ended and open-ended mutual funds?

While open-ended funds can be bought and sold anytime, closed-ended funds can only be purchased at the time of their launch and redeemed when the fund’s investment tenure expires.

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