Shriram Mutual Funds are operated by Shriram asset Management Company, commenced its operations in the stock market on 5th December 1994. Shriram Credit Company Limited (SCCL) has a 68.67% controlling stake in the fund house, thereby regulating various stock market operations undertaken.
SCCL is a subsidiary company of the Shriram conglomerate, responsible for investment patterns of Shriram Mutual Funds. SCCL is an acclaimed financial services company (CIN-U65993TN1980PLC008215) having a paid-up capital of RS. 240,631,296, and is listed on the Bombay Stock Exchange with registration number 8215.
Origin of Shriram Mutual Fund was in the form of a trust and was duly registered under the Indian Trusts Act on 27th May 1994. SEBI registration was done on 21st November 1994, having a registration number MF/017/94/4.
| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|
Shriram Aggressive Hybrid Fund | Hybrid | Very High | 37.07 | 0.845 | 1.8% | 12.9% | 12.2% | 1 | ₹49 | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. See more |
Shriram ELSS Tax Saver Fund | Equity | Very High | 23.98 | 0.796 | -6.5% | 12.0% | 12.6% | 1 | ₹49 | - |
Shriram Flexi Cap Fund | Equity | Very High | 23.04 | 0.835 | -7.7% | 12.0% | 13.0% | 1 | ₹137 | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days, See more |
Shriram Balanced Advantage Fund | Hybrid | Moderately High | 19.28 | 1.002 | -0.7% | 10.2% | 9.8% | 1 | ₹57 | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. See more |
Shriram Overnight Fund | Debt | Low | 12.26 | 0.109 | 5.8% | 6.3% | NA | 1 | ₹170 | - |
Shriram Liquid Fund | Debt | Low to Moderate | 1,070.63 | 0.154 | 6.3% | NA | NA | -- | ₹242 | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. See more |
Shriram Multi Asset Allocation Fund | Hybrid | Very High | 13.62 | 0.694 | 7.1% | NA | NA | -- | ₹137 | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. See more |
Shriram Multi Sector Rotation Fund | Equity | Very High | 8.08 | 0.783 | -19.7% | NA | NA | -- | ₹195 | Exit load of 1%, if redeemed within 3 months |
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| Mutual fund name | Shriram Mutual Fund |
| Asset management company name | Shriram Mutual Fund |
| AMC Incorporation Date | 05 Dec 1994 |
| Sponsor name | Shriram Credit Company Limited |
| Trustee organisation | Shriram Trustees Limited |
| Compliance Officer | Mr Tanmoy Sengupta |
| Investor Service Officer | Mrs Sneha Jaiswal |
| CEO | Kartik Jain(Chief Executive Officer) |
| Total AUM (as of end of last quarter) | ₹1,108.03Cr |
| Address | 511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059 |
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You can easily invest in Shriram Mutual Fund online through Groww. Follow these steps for a hassle-free investment experience:
Step 1. Login to your Groww account or signup using your email id if you are a new user.
Step 2. Upload KYC documents for identity verification. Scanned copies of your Aadhaar card, Voter Id Card, PAN card, Driver’s License, etc. can be uploaded for this purpose.
Step 3. Documents acting as address proof have to be submitted. In addition to KYC documents, electricity bills, lease agreements, etc. can also be furnished.
Step 4. Tenure of investment has to be determined and entered accordingly.
Step 5. Choose the type of Shriram Mutual Fund you want to invest in, depending upon your risk aptitude.
Step 6. Both lump sum and SIP investments can be done through Groww. Click on “invest one time” or “start SIP” accordingly.
After completion of these steps for investment in Shriram Mutual Fund online, the same would be reflected in your Groww account in 3-4 business days.
Now let us jump and check about these top 8 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.86% & 12.15%. The Shriram Aggressive Hybrid Fund comes under the Hybrid category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Aggressive Hybrid Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹49Cr |
| 1Y Returns | 1.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.03% & 12.55%. The Shriram ELSS Tax Saver Fund comes under the Equity category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹49Cr |
| 1Y Returns | -6.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 11.99% & 12.98%. The Shriram Flexi Cap Fund comes under the Equity category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Flexi Cap Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹137Cr |
| 1Y Returns | -7.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.21% & 9.82%. The Shriram Balanced Advantage Fund comes under the Hybrid category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Balanced Advantage Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹57Cr |
| 1Y Returns | -0.7% |
Fund Performance: The Shriram Overnight Fund comes under the Debt category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Overnight Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹170Cr |
| 1Y Returns | 5.8% |
Fund Performance: The Shriram Liquid Fund comes under the Debt category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Liquid Fund is ₹1,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹242Cr |
| 1Y Returns | 6.3% |
Fund Performance: The Shriram Multi Asset Allocation Fund comes under the Hybrid category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Multi Asset Allocation Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹137Cr |
| 1Y Returns | 7.1% |
Fund Performance: The Shriram Multi Sector Rotation Fund comes under the Equity category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Multi Sector Rotation Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹195Cr |
| 1Y Returns | -19.7% |
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