Shriram Liquid Fund Direct Growth

Launch date04 Nov 2024
Allotment date14 Nov 2024
End date08 Nov 2024
NAV₹1,000.00

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

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Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Amit Modani
Nov 2025 - Present
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Education
Mr. Modani is Chartered Accountant
Experience
Prior to joining Shriram AMC, he has worked with Mirae Asset Mutual Fund, BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Also manages these schemes

Sudip Suresh More
Nov 2024 - Present
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Education
Mr. More has done B.E. (EXTC), MMS (Finance) and FRM
Experience
Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#38 in India
Total AUM₹1,143.88Cr
Date of Incorporation05 Dec 1994

Shriram Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 05 Dec 1994. Sudip Suresh More is the Current Fund Manager of Shriram Liquid Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,144 Cr and the Latest NAV as of 27 Apr 2026 is ₹1,095.02. The Shriram Liquid Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. 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. ;

Investment Objective

The scheme seeks to generate optimal returns consistent with lower to moderate levels of risk and high liquidity by investing in debt and money market instruments The fund maintains an average maturity in the range of less than 91 days. There is no assurance that the investment objective of the Scheme will be achieved. ;

Fund benchmarkNIFTY Liquid Index A-I

Fund house contact details

Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Launch Date
05 Dec 1994
E-mail
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