Shriram Money Market Fund Direct Growth

Low to Moderate Risk
Launch date19 Jan 2026
Allotment date27 Jan 2026
End date21 Jan 2026
NAV₹1,000.00
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Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

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Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Amit Modani
Jan 2026 - Present
View details

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
Jan 2026 - Present
View details

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₹1,053.72Cr
Date of Incorporation05 Dec 1994

Shriram Money Market Fund Direct Growth is a NA 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 ₹1,054 Cr and the Latest NAV as of 19 Jan 2026 is ₹1,000.00. 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 benchmarkNIFTY Money Market 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
NA
Website

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