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Shriram Liquid Fund - Direct Growth Plan, NAV, Returns & Investment Guide

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Invest in Shriram Liquid Fund - a low risk liquid scheme targeting optimal returns through short-term debt instruments. Check latest NAV, AUM, expense ratio and fund manager details.

Investment Objective and Approach

The scheme seeks 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 less than 91 days. There is no assurance that the investment objective of the Scheme will be achieved.

The fund follows a systematic investment approach focusing on:

- Credit Quality Focus: The fund will focus on investing in A1+ rated instruments, prioritising stability and liquidity and with the goal of optimal balance in scheme returns by following a systematic investment approach.

- Diversified Portfolio Construction: A mix of debt securities including Certificates of Deposit, Commercial Papers, T-bills, Government securities, and money market NCDs will be utilized to ensure low volatility and safety.

- Risk Management: The very short maturity of the securities helps minimise the MTM volatility in the portfolio thus minimising capital risk.

- High Liquidity: Offers high liquidity allowing investors to redeem investment on any given business day.

Fund Managers

The Shriram Liquid Fund is managed by a team of three experienced professionals:

Mr. Deepak Ramaraju

Mr. Ramaraju has done B.E. (Chemical Engineering). Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology.

Ms. Gargi Bhattacharyya Banerjee

Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta. Joining Shriram Mutual Fund in November 2012, she currently serves as an Equity Research Manager, where she is responsible for identifying high-potential equity securities. She performs equity analysis through financial modeling to enhance the accuracy of investment decisions.

Mr. Sudip Suresh More

Mr. More has done B.E. (EXTC), MMS (Finance) and FRM. Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.

About the Fund House (AMC)

Shriram Asset Management Company Limited is part of the prominent Shriram Group. Key highlights include:

Corporate Background:

- Origin of Shriram Mutual Fund was in the form of a trust and was duly registered under the Indian Trusts Act on 27th May 1994. SEBI registration was done on 21st November 1994, having a registration number MF/017/94/4.

- 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.

Current Operations:

- Shriram Asset Management Co Ltd AUM ₹765.77 Cr (as per Business Today data)

- The Shriram Mutual fund is trusted by over 27000 investors and has Asset Under Management worth Rs. 536 Crore+ as of March 31, 2024.

Business Diversification:

- This company specialises in providing financial services such as consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products.

- Shriram Mutual Funds are managed by Shriram Asset Management Company, which began its stock market operations on December 5, 1994. Shriram Credit Company Limited (SCCL) holds a 68.67% controlling stake in the fund house, overseeing various stock market activities.

Should I Invest in Shriram Liquid Fund?

Shriram Liquid Fund is suitable for investors seeking:

Ideal For:

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

- This fund could be helpful for retail investors in earning better returns than saving accounts on their idle cash, as well as for corporates for their cash management purposes as the scheme would provide liquidity with low volatility.

- It is also an ideal choice for investors looking to maintain contingency funds securely and efficiently.

Key Advantages:

- Emergency Fund Management: Suitable for parking emergency funds with better returns than savings accounts

- Corporate Cash Management: Ideal for businesses managing short-term liquidity requirements

- Low Volatility: The riskometer level of Shriram Liquid Fund - Regular Plan is Low to Moderate.

- Quick Access: Funds could potentially earn returns even for a day or the weekend.

Investment Details (as of latest available data):

- Minimum SIP Amount: ₹1,000

- Minimum Lumpsum: ₹1,000

- Current AUM: ₹736 Cr as of 22 Jan 2025

- Exit Load Structure: 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

FAQs

What is today's NAV of Shriram Liquid Fund?

The NAV varies daily. You can check the latest NAV on the Allvest platform or the fund house website for real-time updates.

What is the AUM of Shriram Liquid Fund?

The fund currently has an Asset Under Management(AUM) of ₹736 Cr as of 22 Jan 2025.

What is the expense ratio of Shriram Liquid Fund?

The expense ratio of Shriram Liquid Fund is 0.11%.

What are the returns of Shriram Liquid Fund since inception?

Since this is a recently launched fund (November 2024), long-term historical returns are not available. Returns will be updated as the fund establishes a track record.

What is the minimum SIP amount to invest in Shriram Liquid Fund?

Minimum SIP Investment is set to ₹1,000.

How do I invest in Shriram Liquid Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, and choosing between SIP or lumpsum investment options.

How to start a SIP in Shriram Liquid Fund?

Log into your Allvest account, select Shriram Liquid Fund, choose SIP option, set the amount (minimum ₹1,000) and frequency to start automated investments.

How do I automate an SIP in Shriram Liquid Fund?

Set up auto-debit instructions through your bank or enable auto-pay through Allvest platform to ensure seamless monthly SIP investments.

How can I withdraw/redeem my investment in Shriram Liquid Fund?

You can redeem your investment through Allvest platform on any business day. Note that graded exit loads apply for redemptions within 6 days of investment.