Introducing
Shriram Money Market Fund
Unlock the true potential of your surplus money
What is Shriram Money Market Fund?
Shriram Money Market Fund (SMMF) is an open-ended debt scheme with an investment objective of generating regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year.
Why Shriram Money Market Fund (SMMF)?
Higher Quality Portfolio Mix
Seeks to invest primarily in money-market instruments with relatively higher credit rating, from a carefully selected universe.
For Up To 1-year Financial Goals
May be used for up to 1-year financial goals, depending on investor objectives and risk profile.
Ease Of Exit
No lock-in and no exit load, allowing investors to access or park money based on their short-term investment horizon.
Money Market Funds Witness Rising Allocations
AUM of Money Market Fund category grew by 2.6x whereas Liquid Fund category grew by 0.46x
AUM of Money Market Fund grew to ₹ 3,57,101 Crore, accounting for 18% of total Debt Funds AUM*
Investors are increasingly allocating to Money Market Funds to capture opportunities from the lower interest rate cycle.
Source: AMFI Category-wise AUM Data (2021–2025) | * Data as on 30th November 2025 | ^ AUM rebased to 100
Benefits and Suitability
High Liquidity
No exit load. Invests in money-market instruments with maturities up to one year. Aims to maintain a portfolio with an average maturity up to 1 year.
High Quality Portfolio
High-quality short-term securities. Carefully crafted universe of money market instruments.
Aims For Better Risk Adjusted Returns
Attempts to provide a relatively better risk—return profile compared with traditional short-term alternatives.
Active Cash Management For Treasuries
Efficient cash management vehicle with limited impact from interest rate changes.
Suitable For STPs
This fund can be used for STP (Systematic Transfer Plan) to other funds, allowing investors to transfer a fixed amount at regular intervals.
Fund Information
Fund name
Shriram Money Market Fund
Fund category
Money Market Fund (Debt Scheme)
Benchmark
NIFTY Money Market Index A-I TRI
Fund type
An open-ended debt scheme investing in money market instruments. A relatively low-interest rate risk and moderate credit risk
Scheme objective
The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year. There is no assurance that the investment objective of the Scheme will be achieved.
Lock in plan/option
Regular Plan and Direct Plan
Fund manager
Mr. Amit Modani and
Mr. Sudip Suresh More
Minimum Application Amount (Lumpsum)
Rs. 1,000 and in multiples of Re. 1/- thereafter
Minimum Amount (Per SIP Installment)*
i. Rs.500/- and in multiples of Rs.1/- thereafter for minimum 24 installments
ii. Rs.1000/- and in multiples of Rs.1/- thereafter for minimum 12 installments
Maximum: No Limit
Exit load
Nil
This product is suitable for investors who are seeking*
- Regular income over short term
- To generate income by investing in money market instruments
Riskometer
Investors understand that their principal will be at low to moderate riskBenchmark Riskometer
Benchmark Riskometer is at low to moderate risk. As per AMFI Tier 1 Benchmark i.e Nifty Liquid Index A-I
| 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) | - | - | - |
B-I - A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
Fund Management
Mr Amit Modani
Work Experience
13+ years
Fund Managed
7
Mr. Sudip Suresh More
Work Experience
19+ years
Fund Managed
7
Frequently Asked Questions (FAQs)
A Money Market Fund is an open-ended debt scheme that invests in money-market instruments with a maturity of up to one year.
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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.
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