Shriram Mutual Fund is a prominent fund house in India, known for its disciplined investment approach. The AMC has a strong focus on customer-centric services and offers several schemes to cater to varied investor needs. Read More
|
Fund Name
|
Ratings
 |
Risk
|
3Y Returns
|
AUM
|
|
|---|---|---|---|---|---|
|
Shriram Flexi Cap Fund Equity Flexi Cap Fund |
Very High |
13.54% |
₹137.25 cr. |
||
|
Shriram Flexi Cap Fund Direct IDCW Payout Equity Flexi Cap Fund |
Very High |
13.36% |
₹137.25 cr. |
||
|
Shriram Flexi Cap Fund Direct IDCW Reinvestment Equity Flexi Cap Fund |
Very High |
13.36% |
₹137.25 cr. |
||
|
Shriram ELSS Tax Saver Fund Equity ELSS |
Very High |
12.61% |
₹54.03 cr. |
||
|
Shriram ELSS Tax Saver Fund Direct IDCW Payout Equity ELSS |
Very High |
12.48% |
₹54.03 cr. |
||
|
Shriram Aggressive Hybrid Fund Hybrid Aggressive Hybrid Fund |
Very High |
11.69% |
₹49.36 cr. |
||
|
Shriram Aggressive Hybrid Fund Direct IDCW Payout Hybrid Aggressive Hybrid Fund |
Very High |
11.55% |
₹49.36 cr. |
||
|
Shriram Aggressive Hybrid Fund Direct IDCW Reinvestment Hybrid Aggressive Hybrid Fund |
Very High |
11.55% |
₹49.36 cr. |
||
|
Shriram Balanced Advantage Fund Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
10.31% |
₹58.29 cr. |
||
|
Shriram Balanced Advantage Fund Direct IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
10.19% |
₹58.29 cr. |
||
|
Shriram Balanced Advantage Fund Direct IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
10.19% |
₹58.29 cr. |
||
|
Shriram Multi Sector Rotation Fund Direct Plan Growth Equity Sectoral / Thematic |
Very High |
0% |
₹0.00 cr. |
||
|
Shriram Multi Asset Allocation Fund Hybrid Multi Asset Allocation |
Very High |
0% |
₹167.65 cr. |
||
|
Shriram Overnight Fund Debt Overnight Fund |
Low |
0% |
₹380.92 cr. |
||
|
Shriram Overnight Fund Direct Monthly IDCW Payout Debt Overnight Fund |
Low |
0% |
₹380.92 cr. |
||
|
Shriram Liquid Fund Direct Plan Growth Debt Liquid Fund |
Moderately Low |
0% |
₹0.00 cr. |
||
|
Shriram Overnight Fund Direct Monthly IDCW Reinvestment Debt Overnight Fund |
Low |
0% |
₹380.92 cr. |
||
|
Shriram Nifty 1D Rate Liquid ETF Growth Other ETFs Fund |
Low |
0% |
₹24.08 cr. |
Shriram Asset Management Company Limited is a part of the ‘Shriram’ Group, which has a robust presence in the financial services related to commercial vehicles, life and general insurance, stock broking, consumer finance, chit funds and distribution of financial products. It was originally incorporated on April 10, 1980. The Company received permission from the Securities and Exchange Board of India (SEBI) to act as the Asset Management Company of Shriram Mutual Fund on November 21, 1994, vide registration no. MF/017/94/4.
Shriram Credit Company Limited (SCCL) owns 68.67% of the stake in the fund house and regulates various stock market operations undertaken by the fund. SCCL is a subsidiary that comes under the Shriram conglomerate and is responsible for the investment strategy of Shriram Mutual Funds.
Shriram Mutual Fund, which has an AUM of ₹302 crores, offers 6 schemes across several categories, including 2 equity, 1 debt, and 3 hybrid mutual funds. Learn in-depth about the Shriram MF plan, examine past performance data, make comparisons, and invest in the best Shriram Mutual Funds. Consider investing in mutual fund plans that match your investment goals, risk tolerance, and fund alternatives.
| Founding date | December 5, 1994 |
| AMC Incorporation date | July 27, 1994 |
| Headquarters in | Salt Lake, Kolkata |
| Name of the sponsors | Shriram Credit Company Ltd. |
| Trustee organisation | Board of Trustee |
| MD and CEO | Mr Kartik Jain |
| Chief Investment Officer | NA |
| Compliance Officer | Mrs Sneha Jaiswal |
GB
Gargi Bhattacharyya Banerjee
Fund Manager since Nov 2019 (5 years)
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Ms. Banerjee has a Master of Business Management in Finance and a B.Sc. in Economics (Hon) from University of Calcutta. Before joining Shriram Asset Management Co. Ltd she worked with Zacks Research Pvt Ltd as Principal Analyst, and in Insight Share Brokers Ltd.
DR
Deepak Ramaraju
Fund Manager since Aug 2023 (1 year)
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Mr. Ramaraju has completed his B.E.(Chemical Engineering). Prior to joining Shriram Mutual Fund, he worked at Sea Funds Management India Pvt Ltd and with Sanlam Group of South Africa as a member of their global equity research team. He has also worked with GE India Technology Center as a researcher and co-inventor.
Investing in the Shriram Mutual Fund is hassle-free through your Angel One account. You just have to follow these steps:
Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN.
Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents.
Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. At this stage, consider the following:
Investing in Shriram Mutual Funds through Angel One is a seamless, fully digital process, eliminating any hassles from your investment journey. To initiate the KYC process, you’ll need to provide the following crucial documents:
Angel One simplifies the KYC verification, providing swift and efficient access to Shriram Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform makes your financial goals easily achievable. Your KYC process will be completed in just 48-72 business hours, allowing you to embark on your mutual fund journey promptly.
| Name of the Fund | Sub Category | AUM (₹in crore) | Minimum Investment (₹) | CAGR 3Y (%) | CAGR 5Y (%) |
| Shriram Flexi Cap Fund | Flexi Cap Fund | 60.24 | 5,000 | 19.06 | 12.56 |
| Shriram Long Term Equity Fund | Equity Linked Savings Scheme (ELSS) | 38.95 | 500 | 18.2 | – |
| Shriram Aggressive Hybrid Fund | Aggressive Hybrid Fund | 48.17 | 1,000 | 15.5 | 11.17 |
| Shriram Balanced Advantage Fund | Dynamic Asset Allocation Fund | 42.1 | 5,000 | 11.98 | – |
**All data as of October 4, 2023.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
Shriram Flexi Cap Fund operates as a Flexi Cap Fund, offering investors the flexibility to invest in a mix of equity stocks from various market segments. This fund manages an Asset Under Management (AUM) of ₹60.24 crore and maintains an expense ratio of 0.85%. Over the past 3 years, it has delivered a Compound Annual Growth Rate (CAGR) of 19.06%. To start investing in this fund, you can begin with a minimum investment of ₹5000.
Classified as an Equity Linked Savings Scheme (ELSS), Shriram Long Term Equity Fund primarily invests in equity instruments. With an AUM of ₹38.95 crore and an expense ratio of 0.8%, this fund has shown a 3-year CAGR of 18.2%. It also offers tax benefits under Section 80C of the Income Tax Act. To initiate your investment journey in this scheme, you can start with a minimum investment of ₹500.
Shriram Aggressive Hybrid Fund functions as an Aggressive Hybrid Fund, combining both equity and debt assets in its portfolio. This fund manages an AUM of ₹48.17 crore with an expense ratio of 0.85%. Over the past 3 years, it has provided a CAGR of 15.5%. You can invest in this fund with a minimum amount of ₹1,000.
Operating as a Dynamic Asset Allocation Fund, Shriram Balanced Advantage Fund dynamically adjusts its asset allocation based on market conditions. The fund maintains an AUM of ₹42.1 crore and an expense ratio of 0.6%. Over a 3-year period, it has delivered a CAGR of 11.98%. To get started with this fund, the minimum investment required is ₹5,000.
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