Shriram Mutual Fund

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.

Top Performing Shriram Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Shriram Multicap Fund - Direct PlanEquityModerately High7.6%3star59
Shriram Hybrid Equity FundHybridModerately High9.7%2star61
Shriram Balanced Advantage FundHybridModerately HighN.Astar42
View All Top Performing Shriram Mutual Funds

Key information

Mutual fundShriram Mutual Fund
Founded5th December 1994
Incorporated27th July 1994
SponsorsShriram Credit Company Limited
TrusteeBoard of Trustees (SCCL)
CEOMr Akhilesh Kumar Singh
Investor Service OfficerMrs Sneha Jaiswal
Compliance OfficerMr Tanmoy Sengupta
CustodiansStock Holding Corporation of India Limited

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How can you invest in Shriram Mutual Funds?

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.

Top Fund Managers

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.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Shriram Multicap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Equity: Multi Cap segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered 7.61% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM59Cr
1Y Returns7.6%

Shriram Hybrid Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive segment. It has given a commendable 11.06% annual returns in the last three years. In the previous year, it delivered 9.73% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM61Cr
1Y Returns9.7%

Shriram Balanced Advantage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic Asset Allocation segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered NA returns.

Why to invest: This fund has performed better than other funds in the same category. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM42Cr
1Y ReturnsNA

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