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. Currently, the AMC handles Rs. 445.25 crores worth of assets.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Shriram Long Term Equity Fund | Equity | Very High | 42.3% | 3 | ₹56 |
Shriram Flexi Cap Fund | Equity | Very High | 23.8% | 3 | ₹138 |
Shriram Aggressive Hybrid Fund | Hybrid | Very High | 19.4% | 3 | ₹52 |
Shriram Balanced Advantage Fund | Hybrid | Moderately High | 15.9% | 3 | ₹59 |
Shriram Overnight Fund | Debt | Low | 6.7% | 3 | ₹229 |
Shriram ELSS Tax Saver Fund | Equity | Very High | 23.3% | 2 | ₹57 |
Shriram Multi Asset Allocation Fund | Hybrid | Very High | 15.8% | -- | ₹175 |
Shriram Liquid Fund | Debt | Low to Moderate | NA | -- | NA |
Shriram Multi Sector Rotation Fund | Equity | Very High | NA | -- | NA |
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| Mutual fund name | Shriram Mutual Fund |
| Asset management company name | string |
| AMC Setup Date | 5th December 1994 |
| AMC Incorporation Date | 27th July 1994 |
| Sponsor name | Shriram Credit Company Limited |
| Trustee organisation | Board of Trustees (SCCL) |
| Compliance Officer | Mr Tanmoy Sengupta |
| CEO | Mr Akhilesh Kumar Singh |
| Investor Service Officer | Mrs Sneha Jaiswal |
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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.
The primary fund managers manoeuvring investment patterns in Shriram Mutual Funds can be listed as follows:
1. Mr Kartik Soral
He is the senior fund manager at Shriram MF. With more than ten years of experience in this field, Mr Soral is proficient in risk management and technical factor analysis, along with sound portfolio construction skills. He has a B. Tech degree in Chemical engineering from IIT-BHU, and PGDM from IIM Ahmedabad. Prior to joining Shriram Mutual Funds, he was working as a fund manager at Edelweiss Asset Management Co. Ltd. In 2013, he was working in corporate finance and global equity derivatives at Larsen & Toubro and Deutsche CIB Centre.
2. Mrs Gargi Bhattacharya Banerjee
Joining Shriram Mutual Fund in November 2012, she currently serves as an equity research manager, responsible for segregating equity securities having high potential. She is responsible for performing equity analysis through financial modelling, thereby improving the accuracy with which investments are made.
Prior to this, she was working as a principal analyst at Zacks Investment Research for the period 2009-2012, wherein she was responsible for initiating coverage reports and financial analysis for various companies.
From 2002 – 2008, she was a research analyst at Insight Share Brokers Ltd. She was responsible for tracking and writing research reports on global and Indian stock markets regularly. She was also involved in client portfolio management, providing optimal investment advice on which securities to avail.
3. Ms Chandana Dutt
Ms Dutt is the Chief Financial Officer (CFO) of Shriram Mutual Funds. She was the manager of corporate accounts in the company prior to this, dealing with internal and statutory audits, tax assessments, and finalisation of accounts. Before joining this company, she worked as the senior finance executive at Rabindranath Tagore Institute of Cardiac Sciences.
4. Mr Tanmoy Sengupta
Mr Sengupta is the Compliance Officer at Shriram MF for the past six years. He has an M.Com degree and AICWA from ICAI, and more than 16 years of professional experience in this field. Prior to this, he was working as an Assistant Compliance Officer at Shriram Share Brokers Limited, and wherein he was responsible transactional, regulatory reporting, IT control regulatory framework, etc.
5. Ms Reena Yadav
She works as the Company secretary at Shriram Mutual Funds, with more than 15 years of experience and an ACS degree. Ms Yadav was associated with this company from 2008-2011 as Assistant company secretary. After a brief hiatus, she re-joined as Company Secretary in August 2012.
6. Ms Reena Yadav
She works as the Company secretary at Shriram Mutual Funds, with more than 15 years of experience and an ACS degree. Ms Yadav was associated with this company from 2008-2011 as Assistant company secretary. After a brief hiatus, she re-joined as Company Secretary in August 2012.
7. Ms Sneha Jaiswal
Ms Jaiswal serves as the investor service officer at Shriram Mutual Funds for more than seven years. She has an ACS degree from Institute of Company Secretaries in India, with developed skills in broking and portfolio management services, etc. she is currently responsible for handing investor-related issues of registrars and transfer agent activities.
Shriram Mutual Funds pose an ideal form of investment suiting the needs of a diverse class of investors. Past performance of this fund is remarkable, with annual returns generated ranging between 2.34-4% across various types of funds available. These funds are open-ended in nature, thereby suiting an investor’s liquidity requirements as well.
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Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.51% & 21.19%. The Shriram Long Term Equity Fund comes under the Equity category of Shriram Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Shriram Long Term Equity Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹56Cr |
| 1Y Returns | 42.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.04% & 17.96%. 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 | ₹138Cr |
| 1Y Returns | 23.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.11% & 14.75%. 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 | ₹52Cr |
| 1Y Returns | 19.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.75% & 13.25%. 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 | ₹59Cr |
| 1Y Returns | 15.9% |
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 | ₹229Cr |
| 1Y Returns | 6.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 15.92% & 18.09%. 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 | ₹57Cr |
| 1Y Returns | 23.3% |
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 | ₹175Cr |
| 1Y Returns | 15.8% |
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 | NACr |
| 1Y Returns | NA |
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 | NACr |
| 1Y Returns | NA |
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