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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.

List of undefined in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Shriram Long Term Equity FundEquityVery High6.5%3₹43
Shriram Flexi Cap FundEquityVery High6.1%2₹65
Shriram Hybrid Equity FundHybridVery High4.8%2₹61
Shriram Balanced Advantage FundHybridModerately High6.4%0₹49
View All

Key information

Mutual fund nameShriram Mutual Fund
Founded5th December 1994
AMC Incorporation Date27th July 1994
Sponsor nameShriram Credit Company Limited
Trustee organisationBoard of Trustees (SCCL)
CEOMr Akhilesh Kumar Singh
Compliance OfficerMr Tanmoy Sengupta
Investor Service OfficerMrs Sneha Jaiswal
CustodiansStock Holding Corporation of India Limited

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How can you invest in ?

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 Long Term Equity Fund Direct Growth

Fund Performance: 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₹43Cr
1Y Returns6.5%

Shriram Flexi Cap Fund Direct Growth

Fund Performance: 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 ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹65Cr
1Y Returns6.1%

Shriram Hybrid Equity Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.53% & 8.91%. The Shriram Hybrid Equity Fund comes under the Hybrid category of Shriram Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Shriram Hybrid Equity Fund is ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹61Cr
1Y Returns4.8%

Shriram Balanced Advantage Fund Direct Growth

Fund Performance: 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 ₹5,000 and for SIP, it is ₹1,000.

Min Investment Amt₹5,000
AUM₹49Cr
1Y Returns6.4%

FAQs on Shriram Mutual Fund

How to Start Shriram Mutual Fund SIP Online?

One can start investing in Shriram Mutual Fund online through Groww without any hassles. Alternatively, they can also invest through the respective fund houses’ website. One can also make use of any other online platform or mobile application to invest in Shriram Mutual Funds.

How to Calculate Shriram Mutual Fund SIP?

To calculate Shriram Mutual Fund SIP, one needs to take into account certain things such as:

  1. the investment amount
  2. the tenure of SIP
  3. the number of your Shriram Mutual Fund SIPs (if there's any) already paid
  4. expected interest rate

How to redeem Shriram Mutual Fund?

To redeem Shriram Mutual Funds through offline mode, one can visit the nearest fund house and submit a form. Alternatively, an investor can also visit the official website and redeem the investment by signing in with the folio number. They can also withdraw their Shriram Mutual Fund investments from any online portal where they have invested.

How to increase SIP amount in axis mutual fund?

An Shriram Mutual Fund sip amount can be increased with the help of Step-up or top-up SIPs. Earlier, this facility was provided by very few fund houses. Now, however, most of them offer it but it is advisable to check with the fund house first. If the facility is available, it is advisable to check with Step-up Calculator to calculate the SIP Amount and then take any decision.

How to stop a SIP in an Shriram Mutual Fund online?

Yes, you can stop your SIP online at any time by just placing a Cancel SIP request. To stop or cancel your SIP, you can either log in to the Shriram Mutual Funds website with a folio number or contact your agent or check the steps on the online investment platform where you have invested.

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