Review of Shriram Liquid Fund NFO
November 6, 2024
mayank
Review of Shriram Liquid Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY Liquid Index A-I
Statistics ( Returns as on Oct 31, 2024 )
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg. Maturity* | Avg. Modified Duration* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY Liquid Index A-I | 6.92 | 0.17 | 0.17 | 0.15 | 1.77 | 3.59 | 7.45 | 6.30 | 6.93 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Deepak Ramaraju
| Fund | Shriram Aggressive Hybrid Fund | It’s Benchmark | Shriram Balanced Advantage Fund | It’s Benchmark |
| 1 Year | 24.13 | 24.99 | 18.42 | 24.99 |
| 3 Year | 10.48 | 11.36 | 8.72 | 11.36 |
| 5 Year | 12.28 | 15.09 | 10.26 | 15.09 |
| 7 Year | 10.14 | 13.01 | — | — |
| 10 Year | 9.47 | 11.78 | — | — |
As on 6-11-2024
Past Performance of Gargi Bhattacharyya Banerjee
| Fund | Shriram Flexi Cap Fund | It’s Benchmark | Shriram Multi Asset Allocation Fund | It’s Benchmark |
| 1 Year | 31.59 | 33.89 | 21.85 | 24.99 |
| 3 Year | 12.42 | 14.91 | — | — |
| 5 Year | 14.80 | 19.81 | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 6-11-2024
Past Performance of Sudip Suresh More
| Fund | Shriram Balanced Advantage Fund | It’s Benchmark | Shriram Flexi Cap Fund | It’s Benchmark |
| 1 Year | 18.42 | 24.99 | 31.59 | 33.89 |
| 3 Year | 8.72 | 11.36 | 12.42 | 14.91 |
| 5 Year | 10.26 | 15.09 | 14.80 | 19.81 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 6-11-2024
Note on Fund Managers’ performance
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.