Shriram AMC Expands Fixed Income Suite with Launch of Shriram Money
Market Fund
·
NFO will open on January 19, 2026, and close on January 21, 2026
· Open-ended debt
scheme investing in money market instruments with residual maturity up to 1
year
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Relatively low-interest rate risk and moderate credit risk
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Aims to provide regular income with easy liquidity
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Scheme benchmarked against NIFTY Money Market Index A-I TRI
Mumbai, January 12, 2026: Shriram Asset
Management Company Limited, part of the Shriram Group, has expanded its fixed
income offering with the launch of the Shriram Money Market Fund, an open-ended
debt scheme. The fund will invest in high-quality money market instruments with
maturity of up to one year, aiming to provide regular income while maintaining
high liquidity and a controlled risk profile, in line with regulatory norms.
Money market funds have increasingly
emerged as a preferred option for investors looking to park short- term surplus
funds, offering the potential for better returns than traditional savings
instruments, along with daily liquidity and relatively low volatility.
Reflecting this shift, money market fund AUM has grown more than threefold—from
₹1.11 lakh crore in the Oct–Dec 2022 quarter to ₹3.57 lakh crore as of November
2025 (as per AMFI)—as investors moved surplus funds into liquid,
higher-yielding avenues amid higher interest rates and market volatility. Against
this backdrop of rising demand for efficient cash management solutions, Shriram
Asset Management Company Limited has launched the Shriram Money Market Fund,
marking a strategic step in the expansion of its fixed income franchise.
As liquidity management becomes a core
requirement for institutional treasuries, corporates and individual investors,
the fund strengthens Shriram AMC’s offering beyond its existing debt products
such as the Shriram Overnight Fund and Shriram Liquid Fund, while reinforcing
the AMC’s intent to build a comprehensive and scalable fixed income bouquet
aligned with evolving cash management needs.
Fund investment approach
Shriram Money Market Fund will invest
in a diversified portfolio of money market instruments, as defined by SEBI and
RBI from time to time, with residual maturity of up to one year. These
instruments include Commercial Papers, Certificates of Deposit, Treasury Bills,
Triparty Repo, Repo/ Reverse repo in government securities, Government
securities with an unexpired maturity up to 1 year and any other short-term
instruments allowed under current Regulations.
The scheme’s performance will be
benchmarked against the NIFTY Money Market Index A-I (Total Return Index).
The launch also reflects Shriram AMC’s focused capability-building in fixed income. In October’25, the AMC strengthened its investment team with the appointment of Amit Modani as Senior Fund Manager and Lead Fixed Income, bringing extensive experience across money market and short-duration strategies. The Shriram Money Market Fund is the first new fund launch since his joining, underscoring the AMC’s ability to swiftly translate enhanced capabilities into product execution. Building on this momentum, Shriram AMC is actively expanding its fixed income product pipeline, with plans to introduce additional solutions aimed at meeting the evolving liquidity, duration, and risk management needs of institutional treasuries, corporates, HNIs, and retirees.
Mr. Kartik L Jain, MD & CEO,
Shriram Asset Management Company Limited, said, “As liquidity
management becomes a core component of portfolio construction across investor
segments, we are strengthening our fixed income offerings to address evolving
cash management needs. The launch of the Shriram Money Market Fund reflects
this strategic focus, supported by the continued strengthening of our fund
management capabilities, including the recent addition of Amit Modani to our
fixed income team. With a clear emphasis on risk discipline and execution, we
will continue to expand our fixed income product suite to offer relevant
solutions across liquidity, duration and risk profiles.”
Mr. Amit Modani, Senior Fund Manager,
Shriram AMC, added: “Our approach to managing the Money Market Fund is
centred on high-quality instrument selection, prudent credit evaluation, and
active liquidity management. By maintaining a well-diversified portfolio and
closely monitoring market conditions, we aim to deliver risk-appropriate
returns consistent with the fund’s objective. The scheme remains aligned with
the core principles of money market investing — capital preservation,
liquidity, and transparency.”
Investment Options
Investors can invest in Shriram
Money Market Fund through lump-sum investments or Systematic Investment Plans
(SIP). The minimum application amount is ₹1,000, and subsequent
investments can be made in multiples of Re. 1 thereafter. There is no exit
load with redemption proceeds expected to be dispatched within three
business days, in line with regulatory norms. The scheme will be available
under Direct and Regular Plans, with Growth option only.
Investors can purchase and manage their investments online through the ShriFunds
portal at https://shrifunds.shriramamc.in.
Shriram Group continues to strengthen
its mutual fund business by expanding its range of relevant and
differentiated investment solutions. With a focus on performance,
product relevance, and distribution reach, Shriram AMC aims to address
evolving investor needs across market cycles.
About Shriram Asset Management Company
Limited
Shriram Asset Management Company
Limited, part of the Shriram Group, was incorporated in 1994. The company
received approval from SEBI to act as the Asset Management Company of Shriram
Mutual Fund, vide registration no. MF/017/94/4. Shriram AMC offers a
diversified mix of products comprising hybrid, equity, and debt funds so that customers
can meet key goals and objectives. With a unique “quantamental”
approach—blending the precision of quantitative analysis with the depth of
fundamental research—Shriram AMC aims to help investors grow their wealth
confidently and consistently. For more information, visit https://www.shriramamc.in/
Mutual Fund investments are subject to market risks, read all
scheme-related documents carefully.
