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 |
10.42% |
₹132.67 cr. |
||
|
Shriram Aggressive Hybrid Fund Hybrid Aggressive Hybrid Fund |
Very High |
10.32% |
₹46.13 cr. |
||
|
Shriram Flexi Cap Fund Direct IDCW Payout Equity Flexi Cap Fund |
Very High |
10.25% |
₹132.67 cr. |
||
|
Shriram Flexi Cap Fund Direct IDCW Reinvestment Equity Flexi Cap Fund |
Very High |
10.25% |
₹132.67 cr. |
||
|
Shriram Aggressive Hybrid Fund Direct IDCW Payout Hybrid Aggressive Hybrid Fund |
Very High |
10.16% |
₹46.13 cr. |
||
|
Shriram Aggressive Hybrid Fund Direct IDCW Reinvestment Hybrid Aggressive Hybrid Fund |
Very High |
10.16% |
₹46.13 cr. |
||
|
Shriram ELSS Tax Saver Fund Equity ELSS |
Very High |
9.73% |
₹47.89 cr. |
||
|
Shriram ELSS Tax Saver Fund Direct IDCW Payout Equity ELSS |
Very High |
9.61% |
₹47.89 cr. |
||
|
Shriram Balanced Advantage Fund Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
9.21% |
₹60.11 cr. |
||
|
Shriram Balanced Advantage Fund Direct IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
9.08% |
₹60.11 cr. |
||
|
Shriram Balanced Advantage Fund Direct IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
9.08% |
₹60.11 cr. |
||
|
Shriram Multi Sector Rotation Fund Direct Plan Growth Equity Sectoral / Thematic |
Very High |
0% |
₹190.35 cr. |
||
|
Shriram Multi Asset Allocation Fund Hybrid Multi Asset Allocation |
Very High |
0% |
₹144.76 cr. |
||
|
Shriram Overnight Fund Debt Overnight Fund |
Low |
0% |
₹125.11 cr. |
||
|
Shriram Overnight Fund Direct Monthly IDCW Payout Debt Overnight Fund |
Low |
0% |
₹125.11 cr. |
||
|
Shriram Liquid Fund Direct Plan Growth Debt Liquid Fund |
Moderately Low |
0% |
₹118.09 cr. |
||
|
Shriram Overnight Fund Direct Monthly IDCW Reinvestment Debt Overnight Fund |
Low |
0% |
₹125.11 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 | Mr. Ajay Ramesh Bhanushali |
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.
| Scheme | Category | AUM (in ₹ Cr) | 3-Yr Returns (%) | 1 Yr Return (%) |
| Shriram Flexi Cap Fund | Equity | 129.66 | 10.57 | -7.37394 |
| Shriram Aggressive Hybrid Fund | Hybrid | 45.83 | 10.46551 | 0.003954 |
| Shriram ELSS Tax Saver Fund | Equity | 47.53 | 10.35722 | -6.04616 |
| Shriram Balanced Advantage Fund | Hybrid | 60.31 | 9.283352 | -2.51652 |
| Shriram Overnight Fund | Debt | 208.14 | 0 | 6.581892 |
| Shriram Multi Asset Allocation Fund | Hybrid | 146.26 | 0 | -1.31242 |
Note: The above data is as of February 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) among Shriram Mutual Funds over the past 3 years.
The Shriram Flexi Cap Fund is an open-ended equity scheme that aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across various sectors.
The fund is managed by Mr. Deepak Ramaraju, Ms. Gargi Bhattacharyya Banerjee, and Mr. Sudip More and is benchmarked against the NIFTY 500 Total Return Index. The fund has no entry load, while an exit load of 1% applies to redemptions made within 1 year from the date of allotment.
The Shriram Aggressive Hybrid Fund is an open-ended hybrid scheme that seeks to provide long-term capital appreciation and income generation by investing predominantly in equity and equity-related instruments along with a portion in debt and money market instruments.
The fund is managed by Mr. Deepak Ramaraju and Mr. Sudip Suresh More and is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. The fund has no entry load, while an exit load of 1% applies to redemptions made within 1 year from the date of allotment.
The Shriram ELSS Tax Saver Fund is an open-ended equity-linked savings scheme with a statutory lock-in period of 3 years, offering tax benefits under Section 80C of the Income Tax Act. The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities.
The fund is managed by Mr. Deepak Ramaraju and is benchmarked against the NIFTY 500 Total Return Index. The fund has no entry load, and due to the lock-in period, no exit load is applicable.
The Shriram Balanced Advantage Fund is an open-ended dynamic asset allocation scheme that aims to provide long-term capital appreciation and income generation by dynamically adjusting its allocation between equity and debt instruments based on market conditions.
The fund is managed by Mr. Deepak Ramaraju for equity investments and Mr. Sudip Suresh More for debt investments and is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. The fund has no entry load, while an exit load of 1% applies to redemptions made within 1 year from the date of allotment.
The Shriram Overnight Fund is an open-ended debt scheme that seeks to generate returns commensurate with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.
The fund is managed by Mr. Sudip Suresh More and is benchmarked against the CRISIL Liquid Overnight Index. The fund has no entry load, and there is no exit load applicable for redemptions.
The Shriram Multi Asset Allocation Fund is an open-ended scheme investing in equity, debt, and Gold/Silver ETFs, aiming to generate long-term capital appreciation with inflation-beating returns.
The fund is managed by Mr. Sudip Suresh More and is benchmarked against a composite index comprising Nifty 50 TRI (70%), NIFTY Short Duration Debt Index (20%), Domestic prices of Gold (8%), and Domestic prices of Silver (2%). The fund has no entry load, while an exit load of 1% applies to redemptions made within 1 year from the date of allotment.
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