2026-01-19 01:59:18 pm | Source: Accord Fintech
Shriram MF introduces Money Market Fund
Shriram Mutual Fund has launched Shriram Money Market Fund, an open-ended debt scheme investing in money market instruments with relatively low-interest rate risk and moderate credit risk. The NFO opens for subscription on January 19, 2026 and closes on January 21, 2026. No entry and exit load will be charged under the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked with NIFTY Money Market Index A-I and its fund managers are Amit Modani and Sudip Suresh More.
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.
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