Shriram AMC launches Shriram Money Market Fund
20 January 2026 India
Image: 陈佳乐/stock.adobe.com
Shriram Asset Management Company, part of the Shriram Group, has expanded its fixed income offering with the launch of the Shriram Money Market Fund, an open-ended debt scheme.
The fund will invest in a diversified portfolio of money market instruments, as defined by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) from time to time, with residual maturity of up to one year.
These instruments include commercial papers, certificates of deposit, Treasury bills, triparty repo, repo/reverse repo in government securities, government securities with an unexpired maturity up to 1 year, and any other short-term instruments allowed under current regulations.
Kartik L Jain, managing director and CEO, Shriram Asset Management Company, states: “As liquidity management becomes a core component of portfolio construction across investor segments, we are strengthening our fixed income offerings to address evolving cash management needs.
“The launch of the Shriram Money Market Fund reflects this strategic focus, supported by the continued strengthening of our fund management capabilities, including the recent addition of Amit Modani to our fixed income team.
“With a clear emphasis on risk discipline and execution, we will continue to expand our fixed income product suite to offer relevant solutions across liquidity, duration and risk profiles.”
Money market funds have increasingly emerged as a preferred option for investors looking to park short-term surplus funds, the firm notes, offering the potential for better returns than traditional savings instruments, along with daily liquidity and relatively low volatility.
The scheme's performance will be benchmarked against the NIFTY Money Market Index A-I (total return index).
Amit Modani, senior fund manager, Shriram AMC, adds: “Our approach to managing the Money Market Fund is centred on high-quality instrument selection, prudent credit evaluation, and active liquidity management.
“By maintaining a well-diversified portfolio and closely monitoring market conditions, we aim to deliver risk-appropriate returns consistent with the fund's objective.
“The scheme remains aligned with the core principles of money market investing — capital preservation, liquidity, and transparency.”
The fund will invest in a diversified portfolio of money market instruments, as defined by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) from time to time, with residual maturity of up to one year.
These instruments include commercial papers, certificates of deposit, Treasury bills, triparty repo, repo/reverse repo in government securities, government securities with an unexpired maturity up to 1 year, and any other short-term instruments allowed under current regulations.
Kartik L Jain, managing director and CEO, Shriram Asset Management Company, states: “As liquidity management becomes a core component of portfolio construction across investor segments, we are strengthening our fixed income offerings to address evolving cash management needs.
“The launch of the Shriram Money Market Fund reflects this strategic focus, supported by the continued strengthening of our fund management capabilities, including the recent addition of Amit Modani to our fixed income team.
“With a clear emphasis on risk discipline and execution, we will continue to expand our fixed income product suite to offer relevant solutions across liquidity, duration and risk profiles.”
Money market funds have increasingly emerged as a preferred option for investors looking to park short-term surplus funds, the firm notes, offering the potential for better returns than traditional savings instruments, along with daily liquidity and relatively low volatility.
The scheme's performance will be benchmarked against the NIFTY Money Market Index A-I (total return index).
Amit Modani, senior fund manager, Shriram AMC, adds: “Our approach to managing the Money Market Fund is centred on high-quality instrument selection, prudent credit evaluation, and active liquidity management.
“By maintaining a well-diversified portfolio and closely monitoring market conditions, we aim to deliver risk-appropriate returns consistent with the fund's objective.
“The scheme remains aligned with the core principles of money market investing — capital preservation, liquidity, and transparency.”
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