Shriram Mutual Fund launches Shriram Multi Asset Allocation Fund

NFO period: 18^th August – 01^st September, 2023

Highlights of the NFO:

• Scheme type – An open ended scheme investing in Equity, Debt & Money Market Securities and Gold/Silver ETFs and related instruments


• Investment objective – The primary objective of the scheme is to generate long term capital appreciation with inflation beating returns by investing in Equity and Equity related securities, Debt and Money Market instruments, Gold/Silver ETFs, and REITs / InvITs. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term inflation adjusted wealth creation through exposure to multiple assets i.e. Equity, Debt and Gold/Silver ETFs to regularly by investing over time through SIPs, top-ups or STP from liquid/overnight funds, to meet financial and family goals.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan. Both the Plans offer Growth option only. Currently, the scheme is not offering Income Distribution cum Capital Withdrawal Option (IDCW).


• Fund Managers – Mr. Deepak Ramaraju and Ms. Gargi Bhattacharyya Banerjee


• Benchmark – Nifty 50 TRI (70%) + NIFTY Short Duration Debt Index (20%) + Domestic prices of Gold (8%) + Domestic prices of Silver (2%)