August 22, 2026
mayank
Shriram Money Market Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,037.85 |
| NAV IDCW (Rs.) | — |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 24 |
| Benchmark | NIFTY Money Market Index A-I |
| AUM Rs. | 95 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.09% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 3.79% |
Suitable For Which Investors?
Money Market funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of 1-1.5 years
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
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 Manager:
1) Amit Modani
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.
2) 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) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 24 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Shriram Money Market Fund
| Fund House | Shriram Mutual Fund |
| Launch Date | 27-Jan-26 |
| Return Since Launch | 3.79% |
| Benchmark | NIFTY Money Market Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 95 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.09% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
Shriram Money Market Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Money Market Dir | — | -0.02 | 0.61 | 1.99 | 3.21 | — | — | — | — | — |
| Debt: Money Market | — | -0.04 | 0.63 | 2.05 | 3.31 | — | — | — | — | — |
| Rank within category | — | 1 | 26 | 26 | 26 | — | — | — | — | — |
| Number of funds in category | 26 | 27 | 27 | 27 | 27 | 25 | 23 | 19 | 16 | 12 |
Peer Comparison of Shriram Money Market Fund
| 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 Money Market Dir | Unrated | — | — | — | 0.09 | 95 | 3.79 | — | 6M |
| Tata Money Market Dir | 4 out of 5 stars | 6.54 | 7.53 | 6.79 | 0.15 | 34,138 | 6.77 | — | 13Y 7M |
| Kotak Money Market Dir | 4 out of 5 stars | 6.46 | 7.39 | 6.64 | 0.14 | 30,297 | 7.23 | — | 13Y 7M |
| Axis Money Market Dir | 4 out of 5 stars | 6.50 | 7.45 | 6.70 | 0.15 | 19,875 | 6.47 | — | 7Y |
| Bandhan Money Market Dir | 4 out of 5 stars | 6.52 | 7.41 | 6.61 | 0.09 | 14,090 | 7.21 | — | 13Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 10 | 80 |
| Macaulay Duration (yrs) | 0.35 | 0.50 |
| Average Maturity (yrs) | 0.35 | 0.48 |
| Yield to Maturity (%) | 6.55 | 6.87 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://shrifunds.shriramamc.in/login
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