January 13, 2025
mayank
Shriram Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Sahifund.com
NAV Growth: Rs 1,012.0420
Suitable For Which Investors?
Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
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 Manager:
1) Deepak Ramaraju
Education: Mr. Ramaraju has done B.E.(Chemical Engineering).
Experience: Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology Center as a researcher and co-inventor.
2) Gargi Bhattacharyya Banerjee
Education: Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta.
Experience: Prior to joining Shriram Asset Management Co. Ltd she has worked with Zacks Research Pvt Ltd as Research Head and Shriram Insight Share Brokers Ltd.
3) Sudip Suresh More
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| 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. |
Basic Details of Shriram Liquid Fund
| Fund House | Shriram Mutual Fund |
| Launch Date | 14-Nov-24 |
| Return Since Launch | 1.16% |
| Benchmark | NIFTY Liquid Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 112 Cr |
| (As on 31-Dec-2024) | |
| Expense | 0.11% |
| (As on 30-Nov-2024) | |
| Risk Grade | — |
| Return Grade | — |
Shriram Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Liquid Dir | 0.18 | 0.02 | 0.57 | — | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | 0.18 | 0.04 | 0.35 | — | — | — | — | — | — | — |
| Debt: Liquid | 0.18 | 0.02 | 0.58 | — | — | — | — | — | — | — |
| Rank within category | 30 | 37 | 31 | — | — | — | — | — | — | — |
| Number of funds in category | 38 | 38 | 38 | 37 | 37 | 36 | 35 | 34 | 30 | 29 |
Shriram Liquid Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Shriram Liquid Dir | Unrated | — | — | — | 0.11 | 112 | 1.16 | 0.01 (1) | 1M |
| ABSL Liquid Dir | 5 star | 7.45 | 6.56 | 5.47 | 0.21 | 39,883 | 6.93 | 0.01 (1) | 12Y |
| Axis Liquid Dir | 4 star | 7.44 | 6.54 | 5.44 | 0.15 | 30,917 | 6.88 | 0.01 (1) | 12Y |
| Nippon India Liquid Dir | 4 star | 7.42 | 6.51 | 5.44 | 0.20 | 26,986 | 6.90 | 0.01 (1) | 12Y |
| DSP Liquidity Dir | 4 star | 7.45 | 6.51 | 5.41 | 0.10 | 17,017 | 6.85 | 0.01 (1) | 12Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 8 | 64 |
| Macaulay Duration (yrs) | 0.10 | 0.09 |
| Average Maturity (yrs) | 0.10 | 0.09 |
| Yield to Maturity (%) | 7.09 | 6.97 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Shriram Liquid Fund
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