Fund Name
Ratings
Risk
3Y Returns
AUM

Shriram Flexi Cap Fund Direct Growth

Equity Flexi Cap Fund

1

Very High

20.08%

₹76.64 cr.

Shriram Flexi Cap Fund Direct IDCW Payout

Equity Flexi Cap Fund

1

Very High

19.92%

₹76.64 cr.

Shriram Flexi Cap Fund Direct IDCW Reinvestment

Equity Flexi Cap Fund

1

Very High

19.92%

₹76.64 cr.

Shriram Long Term Equity Fund Direct Growth

Equity ELSS

0

Very High

18.88%

₹46.62 cr.

Shriram Long Term Equity Fund Direct IDCW Payout

Equity ELSS

0

Very High

18.76%

₹46.62 cr.

Shriram Hybrid Equity Fund Direct Growth

Hybrid Aggressive Hybrid Fund

1.5

Very High

15.42%

₹45.37 cr.

Shriram Hybrid Equity Fund Direct IDCW Payout

Hybrid Aggressive Hybrid Fund

1.5

Very High

15.32%

₹45.37 cr.

Shriram Hybrid Equity Fund Direct IDCW Reinvestment

Hybrid Aggressive Hybrid Fund

1.5

Very High

15.32%

₹45.37 cr.

Shriram Balanced Advantage Fund Direct Growth

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

14.25%

₹44.78 cr.

Shriram Balanced Advantage Fund Direct IDCW Payout

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

14.12%

₹44.78 cr.

Shriram Balanced Advantage Fund Direct IDCW Reinvestment

Hybrid Dynamic Asset Allocation or Balanced Advantage

2

Very High

14.12%

₹44.78 cr.

Shriram Overnight Fund Direct Growth

Debt Overnight Fund

0

Low

0%

₹91.43 cr.

Shriram Overnight Fund Direct Plan Monthly IDCW Payout

Debt Overnight Fund

0

Low

0%

₹91.43 cr.

Shriram Overnight Fund Direct Plan Monthly IDCW Reinvestment

Debt Overnight Fund

0

Low

0%

₹91.43 cr.

About Shriram Mutual Fund

Shriram Asset Management Company Limited is a part of the ‘Shriram’ Group, which has a robust presence in the financial services related to commercial vehicles, life and general insurance, stock broking, consumer finance, chit funds and distribution of financial products. It was originally incorporated on April 10, 1980. The Company received permission from the Securities and Exchange Board of India (SEBI) to act as the Asset Management Company of Shriram Mutual Fund on November 21, 1994, vide registration no. MF/017/94/4.

Shriram Credit Company Limited (SCCL) owns 68.67% of the stake in the fund house and regulates various stock market operations undertaken by the fund. SCCL is a subsidiary that comes under the Shriram conglomerate and is responsible for the investment strategy of Shriram Mutual Funds.

Shriram Mutual Fund, which has an AUM of ₹302 crores, offers 6 schemes across several categories, including 2 equity, 1 debt, and 3 hybrid mutual funds. Learn in-depth about the Shriram MF plan, examine past performance data, make comparisons, and invest in the best Shriram Mutual Funds. Consider investing in mutual fund plans that match your investment goals, risk tolerance, and fund alternatives.

Shriram Mutual Funds Key Information

Founding date December 5, 1994
AMC Incorporation date July 27, 1994
Headquarters in Salt Lake, Kolkata
Name of the sponsors Shriram Credit Company Ltd.
Trustee organisation Board of Trustee
MD and CEO Mr Kartik Jain
Chief Investment Officer NA
Compliance Officer Mrs Sneha Jaiswal

Shriram Mutual Fund Managers

GB

Gargi Bhattacharyya Banerjee

Fund Manager since Nov 2019 (4 years)

DR

Deepak Ramaraju

Fund Manager since Aug 2022 (1 year)

How to Invest in Shriram Mutual Fund via Angel One?

Investing in the Shriram Mutual Fund is hassle-free through your Angel One account. You just have to follow these steps:

Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN.

Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents.

Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, constituent sectors and stocks.
  3. Calculate the potential returns using the calculator.
  4. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  5. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  6. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. At this stage, consider the following:

  1. Decide whether you want to invest in a lump sum or via monthly SIP
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.

Documents Required To Invest in Shriram Mutual Fund

Investing in Shriram Mutual Funds through Angel One is a seamless, fully digital process, eliminating any hassles from your investment journey. To initiate the KYC process, you’ll need to provide the following crucial documents:

  1. PAN Card Details (Mandatory)
  2. Personal Information, including your Full Name, Mobile Number, and Email Address.
  3. Address Proof – Aadhar Card is recommended, and both its front and back sides are necessary.
  4. Bank Account Details, along with a cancelled cheque, if required.
  5. Nominee details and FATCA Declarations

Angel One simplifies the KYC verification, providing swift and efficient access to Shriram Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform makes your financial goals easily achievable. Your KYC process will be completed in just 48-72 business hours, allowing you to embark on your mutual fund journey promptly.

Top Shriram Mutual Funds To Invest in

Name of the Fund Sub Category AUM (₹in crore) Minimum Investment (₹) CAGR 3Y (%) CAGR 5Y (%)
Shriram Flexi Cap Fund Flexi Cap Fund 60.24 5,000 19.06 12.56
Shriram Long Term Equity Fund Equity Linked Savings Scheme (ELSS) 38.95 500 18.2
Shriram Aggressive Hybrid Fund Aggressive Hybrid Fund 48.17 1,000 15.5 11.17
Shriram Balanced Advantage Fund Dynamic Asset Allocation Fund 42.1 5,000 11.98

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

Shriram Flexi Cap Fund

Shriram Flexi Cap Fund operates as a Flexi Cap Fund, offering investors the flexibility to invest in a mix of equity stocks from various market segments. This fund manages an Asset Under Management (AUM) of ₹60.24 crore and maintains an expense ratio of 0.85%. Over the past 3 years, it has delivered a Compound Annual Growth Rate (CAGR) of 19.06%. To start investing in this fund, you can begin with a minimum investment of ₹5000.

Shriram Long-Term Equity Fund

Classified as an Equity Linked Savings Scheme (ELSS), Shriram Long Term Equity Fund primarily invests in equity instruments. With an AUM of ₹38.95 crore and an expense ratio of 0.8%, this fund has shown a 3-year CAGR of 18.2%. It also offers tax benefits under Section 80C of the Income Tax Act. To initiate your investment journey in this scheme, you can start with a minimum investment of ₹500.

Shriram Aggressive Hybrid Fund

Shriram Aggressive Hybrid Fund functions as an Aggressive Hybrid Fund, combining both equity and debt assets in its portfolio. This fund manages an AUM of ₹48.17 crore with an expense ratio of 0.85%. Over the past 3 years, it has provided a CAGR of 15.5%. You can invest in this fund with a minimum amount of ₹1,000.

Shriram Balanced Advantage Fund

Operating as a Dynamic Asset Allocation Fund, Shriram Balanced Advantage Fund dynamically adjusts its asset allocation based on market conditions. The fund maintains an AUM of ₹42.1 crore and an expense ratio of 0.6%. Over a 3-year period, it has delivered a CAGR of 11.98%. To get started with this fund, the minimum investment required is ₹5,000.

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