Shriram Liquid Fund
NAV 
₹ 1010.60
as on Jan 05, 2025
NA
Benchmark NIFTY Liquid Index A-I
Min SIP ₹ 1,000
Investment Horizon Few Months
Investment Objective
Stability The Scheme would endeavour to invest in very short term debt and money market instruments upto 91 days which have a good credit quality and easy liquidity. The very short maturity of the securities helps minimize the MTM volatility in the portfolio thus minimizing capital risk
Liquidity Offers high liquidity allowing investors to redeem investment on any given business day
Returns Funds could potentially earn returns even for a day or the week-end *Subject to cut off time for receipt of investment and redemption request. Exit load applicable on redemption within stipulated timeline, please refer SID for exit load. It is an endeavor to dispatch redemption proceeds on the next business day. Please note as per regulation, the redemption or repurchase proceeds shall be dispatched within 3 working days from the date of redemption or repurchase.
Stability
The scheme would endeavour to invest in very short term debt and money market instruments upto 91 days which have a good credit quality and easy liquidity. The very short maturity of the securities helps minimize the MTM volatility in the portfolio thus minimizing capital risk
Liquidity
Offers high liquidity allowing investors to redeem investment on any given business day
Returns
Funds could potentially earn returns even for a day or the week-end
Liquid Index Benchmarks has consistently outperformed the Savings Bank Rate
Annualized return
-
Data Sources: : CRISIL Liquid Debt A-I Index & NIFTY Liquid Index A-I - AMFI portal; daily returns for Saving Bank Rate - SBI retail rate
-
Returns of the CRISIL Liquid Debt A-I Index & NIFTY Liquid Index A-I represent daily one-year returns
-
The data shown above pertains to the Index and does not in any manner indicate performance of any scheme of the Fund. Past performance may or may not sustain in future.
-
A liquid fund & savings bank account are not comparable reason being savings bank account provides assured returns and a liquid fund provides market linked returns. The index is only used for illustration purpose. One cannot actually invest in the index.
Benefits of Investing in Shriram Liquid Fund
- As a pause before further investments.
- Temporary parking of investible surplus in Liquid fund with STP to Equity schemes of Shriram AMC
- Stop gap investment till final investment decision
- Diversification of portfolio
- As an option for surplus cash vs other avenues
- Alternative to Savings / Current account
- As emergency Funds for contingencies
- Potential for relatively better returns through accrual income for every day of investment
- Cash Management with convenience
- Redemption proceeds are credited on the next business day.*
- Invest for any duration
- Convenient online process without involvement of broker platform
*Subject to cut off time for receipt of investment and redemption request. Exit load applicable on redemption within stipulated timeline, please refer SID for exit load. It is an endeavor to dispatch redemption proceeds on the next business day. Please note as per regulations, the redemption or repurchase proceeds shall be dispatched within 3 working days from the date of redemption or repurchase.
This product is suitable for investors who are seeking*
- A stable, liquid alternative to traditional savings accounts
- Safety and liquidity for short-term funds Investors should consult their financial advisers if in doubt about whether the product is suitable for them
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometer
Investor understand that their principal will be at low to moderate risk
Benchmark Riskometer
Benchmark riskometer is at low to moderate risk As per AMFI Tier 1 Benchmark i.e Nifty Liquid Ind exA-1
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
| Potential Risk Class Matrix (PRC) | |||
|---|---|---|---|
| Credit Risk / Interest Rate Risk | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
| Relatively Low (Class I) | - | B-I | - |
| Moderate (Class II) | - | - | - |
| Relatively High (Class III) | - | - | - |
Fund Details
Fund Information
Shriram Liquid Fund
Benchmark
NIFTY Liquid Index A-I
Fund category
Liquid Fund
Fund type
An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk
Scheme 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.
Scheme option
Regular Plan
(i) Growth
Direct Plan
(i) Growth
Fund manager
Mr. Deepak Ramaraju , Ms. Gargi Bhattacharyya Banerjee and Mr. Sudip
Minimum investment
Rs. 1,000 and in multiples of Re. 1/- thereafter On continuous basis: Rs. 1,000 and in multiples of Re. 1/- thereafter
| Exit Load | |
|---|---|
| Investor exit upon Subscription | Exit load as a % of redemption proceeds |
| Day 1 | 0.0070% |
| Day 2 | 0.0065% |
| Day 3 | 0.0060% |
| Day 4 | 0.0055% |
| Day 5 | 0.0050% |
| Day 6 | 0.0045% |
| Day 7 onwards | 0.0000% |
Fund Portfolio
Fund Distribution
(as on 30 Nov 2024)
Money Market Instruments- CP
40.80%Money Market Instruments- CD
40.76%Net Receivables / (Payables)
6.40%Money Market Instruments- T-Bills
9.39%Money Market Instruments- TREPS
2.65%
Sector Allocation
(as on 30 Nov 2024)
CRISIL A1+
65.88%IND A1+
15.68%Others
9.05%Sovereign
9.39%
Holdings (11)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| CANARA BANK CD RED 16-12-2024 | CRISIL A1+ | Money Market Instruments- CD | |
| Net Receivables / (Payables) | Others | Net Receivables / (Payables) | |
| 182 DAYS TBILL RED 23-01-2025 | Sovereign | Money Market Instruments- T-Bills | |
| SIDBI CD RED 11-12-2024 | CRISIL A1+ | Money Market Instruments- CD | |
| 364 DAYS TBILL RED 23-01-2025 | Sovereign | Money Market Instruments- T-Bills |
Holdings
(as on 30 Nov 2024)
Sector Allocation
CRISIL A1+
65.88%IND A1+
15.68%Others
9.05%Sovereign
9.39%
Fund Management
Mr Deepak Ramaraju
Managing this fund since 20 Aug 22
Mr Deepak Ramaraju
Managing this fund since 20 Aug 22Work Experience
21 yearsFund Managed
09
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 8 Sep 23
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 8 Sep 23Work Experience
22 yearsFund Managed
09
Mr. Sudip
Managing this fund since 3 Oct 24
Mr. Sudip
Managing this fund since 3 Oct 24Work Experience
19 yearsFund Managed
09Mr Deepak Ramaraju
Managing this fund since 20 Aug 22
Mr. Deepak Ramaraju is a highly experienced Senior Fund Manager at Shriram Asset Management Company Ltd, with over two decades of diversified experience under his belt. He holds a degree in chemical engineering and has been associated with equity markets for the past 16 years. Before joining Shriram Asset Management Company, Mr. Deepak was part of the global equity research team and advised the Sanlam Group of South Africa on their India-focused fund. Prior to his stint in the financial industry, Mr. Deepak worked as a researcher and co-inventor at GE India Technology Center, Bangalore. During his time there, he was credited with 10 patents, highlighting his expertise and innovative abilities. His diverse background and extensive experience make him a valuable asset to the Shriram Asset Management team.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
- Shriram Liquid Fund
- Shriram Multi Sector Rotation Fund
Ms Gargi Bhattacharyya Banerjee
Managing this fund since 8 Sep 23
Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She received her Bachelor of Science with Economics (H) and Master of Business Management with specialization in Finance from the University of Calcutta. She joined as Research Manager in Shriram Asset Management Company Limited in November 2012 and before that, she has held key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
- Shriram Liquid Fund
- Shriram Multi Sector Rotation Fund
Mr. Sudip
Managing this fund since 3 Oct 24
Mr. Sudip has around 19 years of experience in managing Fixed Income Investments, Macroeconomic Research and Credit Analysis. Prior to this assignment, Mr. Sudip was Debt Fund Manager at Kshema General Insurance Company. Additionally, he has also worked with Sahara India Life Insurance Company Ltd as a Debt Fund Manager whereby managing ULIP and Traditional funds on Fixed Income side.
Funds managed by the fund manager
- Shriram Aggressive Hybrid Fund
- Shriram Flexi Cap Fund
- Shriram ELSS Tax Saver Fund
- Shriram Balanced Advantage Fund
- Shriram Overnight Fund
- Shriram Multi Asset Allocation Fund
- Shriram Nifty 1D Rate Liquid ETF
- Shriram Liquid Fund
- Shriram Multi Sector Rotation Fund
Disclaimer : NSE Indices Ltd Disclaimer: NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims ,damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
Risk Factors : The information contained in this document is compiled from third party and publicly available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Shriram Asset Management Company Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications. For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC www.shriramamc.in. Please consult your financial advisor or mutual fund distributor before investing.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY
