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Shriram Mutual Fund

Shriram Money Market Fund

Shriram Mutual Fund · Direct plan · Growth

NAV
₹1,042.98
▲ 0.01% · 18 Sept 2026
Fund size
₹101 Cr
Expense ratio
0.12%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹1,041.40 and has returned – over a year.

Returns, and where it stands

Against the average money market fund, and its place among them. Anything longer than a year is a yearly rate.

This fund does not have enough NAV history yet to show returns.

Every period, and the Regular plan →
PeriodDirectRegular
1 month0.5%0.5%
3 months1.7%1.6%
6 months3.3%3.2%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jan 2026.

Plan

NAV history

▲ 4.18% in the last 1Y

1,0021,0221,04228 Jan 202627 May 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years

Not enough NAV history for this period.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
27 Jan 2026
Expense ratio
0.12%
as of 31 Jul 2026

Managed by Amit Modani, Sudip More

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Shriram Money Market Fund against other funds in the Money Market Fund category
Fund1Y3Y5YExpenseFund size
Tata Money Market Fund6.66%7.54%6.85%0.18%₹34,511 Cr
Axis Money Market Fund6.62%7.46%6.76%0.18%₹21,405 Cr
Aditya Birla Sun Life Money Market Fund6.57%7.43%6.75%0.19%₹29,877 Cr
Nippon India Money Market Fund6.53%7.42%6.77%0.22%₹23,624 Cr
Bandhan Money Market Fund6.65%7.42%6.68%0.1%₹14,090 Cr
Mirae Asset Money Market Fund6.46%7.41%6.6%0.09%₹3,587 Cr
Shriram Money Market Fund0.12%₹101 Cr

About Shriram Money Market Fund

Shriram Money Market Fund is a money market fund managed by Shriram Mutual Fund. Invest in money market instruments maturing within one year, such as treasury bills and commercial paper.

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.

The scheme's stated objective, as published by Shriram Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹1,042.977154144
RegularGrowth₹1,041.4038154143

Frequently asked questions

What is the NAV of Shriram Money Market Fund today?

The NAV of Shriram Money Market Fund (Direct plan, Growth) is ₹1,042.977 and the Regular plan NAV is ₹1,041.4038, as of 18 Sept 2026.

What returns has Shriram Money Market Fund given?

Over the last year the Direct plan returned –. Past returns do not guarantee future returns.

What is the expense ratio of Shriram Money Market Fund?

The Direct plan charges 0.12% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Shriram Money Market Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.

How much has Shriram Money Market Fund fallen in the past?

Its deepest fall was 0.2% from 11 May 2026 to 22 May 2026.

Which category does Shriram Money Market Fund belong to?

It is a Money Market Fund from Shriram Mutual Fund. Invest in money market instruments maturing within one year, such as treasury bills and commercial paper.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Shriram Money Market Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.