Shriram AMC Launches Money Market Fund to Boost Fixed Income Offerings

• Shriram AMC introduces Shriram Money Market Fund, an open-ended debt scheme, expanding its fixed income product suite.
• The NFO opens January 19 and closes January 21, investing in money market instruments with maturities up to one year.
• The fund aims for regular income, low interest rate risk, moderate credit risk, and high liquidity, benchmarked against NIFTY Money Market Index A-I TRI.
• Minimum investment is ₹1,000, with no exit load and redemption within three business days; available via lump-sum or SIPs.
• Launch addresses rising demand for money market funds, with AUM growing from ₹1.11 lakh crore in Q4 2022 to ₹3.57 lakh crore in November 2025.

Why It Matters: Shriram AMC expands its fixed income portfolio with a new Money Market Fund offering liquidity and stable returns.