Shriram Mutual Fund launches Shriram Liquid Fund

NFO period: 04^th November – 08^th November, 2024

Highlights of the NFO:

• Scheme type – An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk


• Investment objective – The investment objective of the scheme is 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 <91 days. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking a stable, liquid alternative to traditional savings accounts safety and liquidity for short-term funds.


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


• Plan/ Options available – Direct Plan and Regular Plan. Each plan offers growth option only.


• Fund Managers – Mr. Deepak Ramaraju, Ms. Gargi Bhattacharyya Banerjee and Mr. Sudip Suresh More


• Benchmark – NIFTY Liquid Index A-I