Shriram Mutual Fund

Shriram Asset Management Company Limited is an important part of the ‘Shriram’ Group. This company specialises in providing financial services such as consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products. The company got incorporated on 27th July 1994. However, the Certificate of Commencement of Business was received on 5th December 1994. On 21st November 1994, the company received permission from the Securities and Exchange Board of India (SEBI) to act as the Asset Management Company of Shriram Mutual Fund

Best Shriram Mutual Funds

Fund Name
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
Shriram Long Term Equity Fund Equity 3 41 6.3 15.8 -
Shriram Flexi Cap Fund Equity 2 65 8.1 15.2 -
Shriram Hybrid Equity Fund Hybrid 2 60 6.8 12.6 10.0
Shriram Balanced Advantage Fund Hybrid 4 51 7.7 11.8 -
Shriram Overnight Fund Debt - 106 - - -

With the commencement of its operations in the stock market on 5th December 1994, the Shriram Asset Management Company started investing and dealing in Shriram mutual funds. However, the Shriram Credit Company Limited (SCCL) possesses a 68.67% controlling stake in the fund house and hence is responsible for regulating myriad stock market operations and decisions for the company’s mutual fund operations.

Being a subsidiary company of the conglomeration of the Shriram Group, SCCL is assigned to manage the investment patterns of Shriram Mutual Funds. It is listed on the Bombay Stock Exchange, with registration number 8215. An acclaimed financial services company, it has a paid-up capital of INR 240,631296.

Shriram Mutual Fund originated as a trust and was eventually registered under the Indian Trusts Act on 27th May 1994. Its registration with SEBI was on 21st November 1994. The registration number for the same is MF/017/94/4.

Shriram Mutual Funds displays an ideal investment market to investors as per their diverse needs. This fund has shown tremendous results in the past, thereby generating returns of 2.34% to 4% annually on an average across various fund types. Since all these funds, provided by Shriram Mutual Funds, are open-ended in nature, it suits the liquidity aspect of the investors very well. 

Shriram AMC Ltd Key Information

Mutual Fund Shriram Mutual Fund
Setup Date Dec-05-1994
Assets Managed INR 38.66 cr. (Aug-05-2022)
Incorporation Date Jul-27-1994
AMC Setup Date
05th December 1994
Sponsor Shriram Credit Company Ltd. 
Trustee Dr Qudsia Gandhi
Trustee Mr. Mani Sridhar
Trustee Mr. Ramamirtham Thiagarajan
Chairman Mr S Krishnamurthy
Head of Operation Mr Tanmoy Sengupta
Sales Head Mr Chandur H. Bhaya
Chief Operating Officer Mr Rohit Kumar Chawda
Company Secretary Ms Reena Yadav
Fund Manager Mr. Kartik Soral
 Fund Manager Mrs Gargi Bhattacharyya Banerjee
Compliance Officer Ms Sneha Jaiswal
Address of AMC CK-6, 2nd Floor, Sector II, Salt Lake City, Kolkata – 700091
Telephone Number 033-23373012
Fax Number 033-23373014
Auditors M/s Chokshi & Chokshi LLP
Custodian Stock Holding Corporation of India Limited
Registrar and Transfer Agent Computer Age Management Services Pvt. Ltd. (CAMS)

Shriram Mutual Fund Managers

Mr Kartik Soral

Having experience of more than ten years, Mr Kartik Soral is a Senior fund manager at Shriram Mutual Funds. He holds a B.Tech degree in Chemical engineering from IIT-BHU and PGDM from IIM Ahmedabad. He is highly proficient in risk management, technical factor analysis and portfolio construction skills. 

Mrs Gargee Bhattacharya Banerjee

Currently serving as an equity research manager at Shriram Mutual Funds, Mrs Gargi Bhattacharya joined the company in November 2012. She is responsible for segregation equity securities with high potential through financial modelling to improve investment accuracies. 

Ms Chandana Dutt

Ms Dutt currently handles the post of Chief Financial Officer (CFO) at Shriram Mutual Funds. In her previous work portfolio, she was a corporate accounts manager where she had to deal with internal and statutory audits, tax assessments and accounts finalisation. 

Mr Tanmoy Sengupta

Holding the portfolio of Compliance Officer at Shriram Mutual Funds for the last six years, Mr Tanmoy Sengupta has an M. Com degree and AICWA from ICAI. He has experience of 16 years in his professional field. Before this, he worked as an Assistant Compliance Officer at Shriram Share Brokers Limited.

Ms Reena Yadav

Being the Company Secretary for more than 15 years now at Shriram Mutual Funds, Ms Reena Yadav possesses an ACS degree She has been associated with the company since 2008 and was the company’s Assistant Secretary from 2008-2011. However, after a brief hibernation, she joined back as Company Secretary in August 2012. 

Ms Sneha Jaiswal

Serving as the investor service officer at Shriram Mutual Funds, Ms Sneha has been attached to the company for more than seven years. She possesses an ACS degree from the Institute of Company Secretaries in India, and she is presently responsible for looking into investor-related issues of registrars and transfer agent activities. 

How to Invest in Shriram Mutual Fund?

If you want to invest in Shriram Mutual FundMutual Fund, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add Shriram Mutual Fund and other mutual funds to your portfolio. The steps to invest in Shriram Mutual Fund  online is as follows:

Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device. 

Step 2: Search for the Shriram Mutual Fund scheme you want to invest in.

Step 3: Select the option that fits your requirement and risk appetite.

Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum. 

Step 5: Input the amount you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the Shriram Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment. 

Top Shriram Mutual Funds to Invest

Here is a quick look at the top 4 Shriram Mutual Fund  investment options that have provided high returns to investors:

Shriram Long Term Equity Fund Direct-IDCW

Investments up to Rs 1.5 lakh are tax-exempt under Section 80C of the Indian income tax laws. Gains over Rs 1 lakh are subject to a 10% tax rate. The full gain is taxed at 15% if the mutual fund units are sold within a year of the investment date.

Category: Equity: ELSS

Scheme Type: Open-ended

NAV as of 05th August 2022 is 25.04

Monthly Avg AUM: INR 3,343.54  Crores

Month-end AUM: INR 39 Cr (As on 30-Jun-2022)

Inception Date 25-Jan-2019

Fund Manager Kartik Soral Kartik since Jan 2021 & Gargi Bhattacharyya Banerjee since Nov 2019

Benchmark: NIFTY 500 TRI

Min. Investment INR 500

Min. Additional Investment INR 500

Min. SIP Investment INR500

Shriram Flexi Cap Fund

This Flexi-cap fund’s management team is free to invest in businesses of all sizes. The interesting point to investing in these funds is the gains up to Rs 1 lakh are tax-free within a fiscal year. 10% tax is applied to capital gains exceeding Rs 1 lakh.

Category: Equity: Flexi Cap

Scheme Type: Open-ended

NAV as of 05th August 2022 is 15.64

Monthly Avg AUM: INR 211296.44 in June 2022

Month-end AUM: INR 59 Cr (As on 30-Jun-2022)

Inception Date:28-Sep-2018

Fund Manager Kartik Soral Kartik since Jan 2021 & Gargi Bhattacharyya Banerjee since Nov 2019

Benchmark: NIFTY 500 TRI

Min. Investment NRI5,000

Min. Additional Investment NRI1,000

Min. SIP Investment NRI1,000

Min Investment Amt ₹5,000
AUM ₹65 Cr
1Y Returns 8.1%

Shriram Hybrid Equity Fund

Aggressive hybrid funds split your investment 65–80% between bonds and equity shares. Returns are slightly lower than pure equity funds but decline relatively less when the stock markets fall. Gains up to Rs 1 lakh are tax-free within a fiscal year.

Category: Hybrid: Aggressive Hybrid

Scheme Type: Open-ended

NAV  25.04 as of 05th August 2022)

Monthly Avg AUM: INR 9.33  Crores

Month-end AUM: INR 55 Cr (As on 30-Jun-2022)

Inception Date: 29-Nov-2013

Fund Manager Kartik Soral Kartik since Jan 2021 & Gargi Bhattacharyya Banerjee since Nov 2019

Benchmark: NIFTY Commodities TRI

Min. Investment: INR 5,000

Min. Additional Investment: INR 1,000

Min. SIP Investment: INR 1000

Min Investment Amt ₹-
AUM ₹60 Cr
1Y Returns 5.6%

Shriram Balanced Advantage Fund

Your money is invested in bonds and equity shares by Balanced Advantage or Dynamic Asset Allocation funds. Depending on how its assets are distributed, this fund may receive different tax treatments. Taxes are not due on capital gains up to INR 1 lakh in a fiscal year. Gains over INR 1 lakh are subject to a 10% tax rate. Via a SIP.


Hybrid: Dynamic Asset Allocation

NAV as of 05th August 2022 is 13.98

AAUM: INR 1,78,619.12  Cr (As on 30-Jun-2022)

Month end AUM: INR48 Cr as on 30-Jun-2022)

Inception Date:05-Jul-2019

Fund Manager Kartik Soral Kartik since Jan 2021 & Gargi Bhattacharyya Banerjee since Nov 2019

Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index

Min. Investment  INR 5,000

Min. Addl Investment INR1,000

Min. SIP Investment INR1000

Min Investment Amt ₹5,000
AUM ₹51 Cr
1Y Returns 7.7%

Frequently Asked Questions

The minimum investment as per requirements is the initial minimum amount for Shriram Balanced Advantage Fund is ₹5,000, and for SIP, it is ₹1,000.

Investors can start investing through SIP with a minimum of Rs.1000, making it one of the easiest and most convenient investment methods. Additionally, the investors can give the bank a mandate to make the SIP investment automatically each month.

You can increase the SIP amount for a Shriram Mutual Fund. You can use the Step-up or top-up SIPs on the 5paise app.

You can invest in Shriram Mutual Fund and other investment options with 5Paisa for ZERO commission. The company’s advantages are professional management, a simple SIP or lump sum investment process, liquidity transparency, and the ability to choose from various options.

You do not need to open a DEMAT account to buy Mutual Funds. Using 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App – makes it simple to invest in mutual funds. You only need to download the 5paisa Invest App to open an MF account.

Yes, you can stop a Shriram Mutual Fund online by first having to sign into your mutual fund account and click on ‘cancel SIP’. Your SIP will be discontinued within 30 days after you place this request. The process is simple on the 5paise app.

Shriram Mutual Fund, which has an AUM of Rs 201 crores, offers 4 schemes in 3 different categories: 2 equity, undefined debt, and 2 hybrid mutual funds. Consider investing in mutual fund plans that match your investment goals, risk tolerance, and fund options.

  1. Begin with any amount, preferably with small amounts as low as 500. and after a while, proceed to diversify your investments by choosing multiple stocks and other instruments such as debt, gold, etc. choose SIPs or automate your monthly investment to ensure that you pay timely instalments.
    Begin automating your monthly investments (SIP)

The Scheme’s investment goal would be to generate long-term capital appreciation and current income with low volatility by investing in a well-diversified portfolio of equity and equity-related investments, debt, and money market instruments.

While open-ended funds can be bought and sold anytime, closed-ended funds can only be purchased at the time of their launch and redeemed when the fund’s investment tenure expires.

Invest Now