Shriram Liquid Fund
Reasons to Invest

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.
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
Riskometer

Investor understand that their principal will be at low to moderate risk
Benchmark Riskometer

Benchmark riskometer is at very high risk.
As per AMFI Tier 1 Benchmark i.e Nifty 500 TRI*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Credit Risk / Interest Rate Risk | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
---|---|---|---|
Relatively Low (Class I) | A-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 Suresh More
Minimum investment
Re. 1,000 and in multiples of Re. 1/- thereafter

SIP
Monthly
₹1000 and in multiples of Re. 1/- thereafter for minimum 12 installments
Quarterly
₹3000 and in multiples of Re. 1/- thereafter for minimum 4 installments
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 Performance
Performance of Shriram Liquid Fund - Regular Growth as of Feb 12, 2025
Returns of Direct Plan - Growth Option as on 12-Feb-2025 Date of inception 14-Nov-2024 | ||||||||
---|---|---|---|---|---|---|---|---|
NAV Rs. 1018.15 | AUM Rs.(in crore)NA | |||||||
Date | Period | Nav (Rs.) Per Unit | Scheme Returns (%) | Scheme Benchmark Returns (%) | Additional Benchmark (NIFTY50) Returns (%) | Current value of ₹ 10,000 invested | ||
Scheme | Scheme Benchmark | Additional Benchmark (NIFTY50) Returns (%) | ||||||
Feb 05, 2025 | Last 7 Day | 1016.7280 | 7.58% | 7.89% | 6.19% | ₹10,014 | ₹ 10,015 | ₹ 10,012 |
Jan 28, 2025 | Last 15 Day | 1015.1321 | 7.50% | 7.89% | 9.70% | ₹10,030 | ₹ 10,031 | ₹ 10,038 |
Jan 11, 2025 | Last 1 Month | 1011.8392 | 7.35% | 6.88% | 8.39% | ₹10,062 | ₹ 10,058 | ₹ 10,071 |
Nov 14, 2024 | Since Inception(14 Nov 2024) | 1000.0000 | 7.57% | 7.12% | 7.16% | ₹10,182 | ₹ 10,171 | ₹ 10,172 |
Returns of Regular Plan - Growth Option as on 12-Feb-2025 Date of inception 14-Nov-2024 | ||||||||
---|---|---|---|---|---|---|---|---|
NAV Rs. 1017.80 | AUM Rs.(in crore) | |||||||
Date | Period | Nav (Rs.) Per Unit | Scheme Returns (%) | Scheme Benchmark Returns (%) | Additional Benchmark (NIFTY50) Returns (%) | Current value of ₹ 10,000 invested | ||
Scheme | Scheme Benchmark | Additional Benchmark (NIFTY50) | ||||||
Feb 05, 2025 | Last 7 Day | 1016.3993 | 7.43% | 7.89% | 6.19% | ₹10,014 | ₹10,015 | ₹ 10,012 |
Jan 28, 2025 | Last 15 Day | 1014.8352 | 7.35% | 7.89% | 9.70% | ₹10,029 | ₹10,031 | ₹ 10,038 |
Jan 11, 2025 | Last 1 Month | 1011.6096 | 7.20% | 6.88% | 8.39% | ₹10,061 | ₹10,058 | ₹ 10,071 |
Nov 14, 2024 | Since Inception | 1000.0000 | 7.42% | 7.12% | 7.16% | ₹10,178 | ₹10,171 | ₹ 10,172 |
Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.Nifty 1D Rate Index is the scheme benchmark. The returns are simple annualized returns for less than 1 year & since inception. There are no plans under the scheme. The scheme offers only growth options. For computation of return since inception the allotment NAV has been taken as Rs. 1000.00. Point-to-point returns on a standard investment of Rs. 10,000/- are in addition to CAGR for the Scheme. Past performance may or may not be sustained in future. Load is not considered for computation of returns. In case, the start/end date of the concerned period is a Non-Business Date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of the said period. The scheme is being currently managed by Mr. Deepak Ramaraju along with Ms. Gargi Bhattacharyya Banerjee with effect from July 05, 2024.
Fund Portfolio
Fund Distribution
(as on 31 Jan 2025)
Money Market Instruments- CD
50.03%Money Market Instruments- CP
18.15%Money Market Instruments- T-Bills
27.28%Money Market Instruments- TREPS
4.13%Corporate Debt Market Development Fund
0.26%Net Receivables / (Payables)
0.15%
Sector Allocation
(as on 31 Jan 2025)
CRISIL A1+
63.63%Sovereign
27.28%[ICRA]A1+
4.55%Others
4.54%
Holdings (16)
Name | Sector | Instrument | Assets |
---|---|---|---|
EXIM BANK CP RED 04-03-2025 | CRISIL A1+ | Money Market Instruments- CP | |
91 DAYS TBILL RED 13-03-2025 | Sovereign | Money Market Instruments- T-Bills | |
91 DAYS TBILL RED 20-03-2025 | Sovereign | Money Market Instruments- T-Bills | |
CANARA BANK CD RED 20-03-2025 | CRISIL A1+ | Money Market Instruments- CD | |
ICICI SECURITIES CP RED 20-03-25 | CRISIL A1+ | Money Market Instruments- CP |
Holdings
(as on 31 Jan 2025)
Sector Allocation
CRISIL A1+
63.63%Sovereign
27.28%[ICRA]A1+
4.55%Others
4.54%
Fund Management

Mr 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 Suresh More
Managing this fund since 3 Oct 24
Mr. Sudip Suresh More has around 19 years of experience in managing Fixed Income Investments, Macroeconomic Research and Credit Analysis. Prior to this assignment, Mr. Sudip Suresh More 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
What is Shriram Liquid Fund?
Shriram Liquid Fund is an open-ended Liquid scheme with relatively low interest rate risk and moderate credit risk.
What is the Investment 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.
What is the suitability of this scheme?
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.
What is asset allocation of the fund?
The asset allocation for the Scheme is as follows:
Debt and Money Market Instruments (with maturity up to 91 days): Minimum 0% and Maximum 100% of total assets.
Who is the Fund Manager of the scheme?
Mr. Deepak Ramaraju currently manages the scheme along with Ms. Gargi Bhattacharyya Banerjee and Mr. Sudip More.
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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