Company Details
About Shriram Asset Management Company Limited
Shriram Mutual Fund had been constituted as a Trust in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882), vide a Trust Deed dated May 27, 1994, as amended from time to time. The said Trust deed has been duly registered under the Indian Registration Act, 1908. The Fund was registered with SEBI vide registration number MF/017/94/4 dated November 21, 1994.
Shriram Asset Management Company Limited is a part of the Shriram conglomerate of Chennai. It was incorporated on 27th July, 1994, and received the Certificate of Commencement of Business on 5th December, 1994. The Company received permission from Securities and Exchange Board of India to act as the Asset Management Company of Shriram Mutual Fund in the year 1994.
Shriram Credit Company Limited (SCCL) which is holding 68.67% stake in Shriram Asset Management Company Limited (SAMC) is the present Sponsor of SAMC. SCCL, a Non Deposit Taking Non Banking Financial Company registered under RBI Act 1934, is the wholly owned subsidiary of Shriram Capital Limited. Shriram Asset Management Company Limited is a listed quoted company. The shares are listed in Bombay Stock Exchange.