| Launch date | 19 Jan 2026 |
| Allotment date | 27 Jan 2026 |
| End date | 21 Jan 2026 |
| NAV | ₹1,000.00 |
Expense ratio, exit load and tax
Expense ratio: 0.13%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Amit ModaniJan 2026 - PresentView details
Sudip Suresh MoreJan 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #38 in India |
|---|---|
| Total AUM | ₹1,337.31Cr |
| Date of Incorporation | 05 Dec 1994 |
|---|
Shriram Money Market 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. Amit Modani is the Current Fund Manager of Shriram Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,337 Cr and the Latest NAV as of 08 Apr 2026 is ₹1,013.18. The Shriram Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;
Investment Objective
The Scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year. ;
| Fund benchmark | NIFTY Money Market Index A-I |
|---|
Fund house contact details
Peer Comparison
| Debt, Money Market funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | 4 | 6.8% | 7.6% | 32,382.40 |
Bandhan Money Market Fund Direct Growth | 4 | 6.7% | 7.5% | 13,437.11 |
Franklin India Money Market Fund Direct Growth | 4 | 6.7% | 7.4% | 3,959.38 |
ICICI Prudential Money Market Direct Growth | 4 | 6.6% | 7.4% | 31,749.72 |
Union Money Market Fund Direct Growth | 5 | 6.7% | 7.2% | 682.95 |