NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹1005.18
0.01%
NAV as on 17 Feb 26, 12:00 AM
low to moderate risk
money market
debt
NAV as on 17 Feb 26, 12:00 AM
low to moderate risk
money market
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.52%p.a.
Since Inception
About Shriram Money Market Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Shriram Money Market Fund - Growth scheme from Shriram Asset Management Company Limited. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Jan 2026, Shriram Money Market Fund - Growth is Money Market fund of its category with 421.91 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Shriram Money Market Fund - Growth delivered 0.0% annual returns during the last year. It has delivered 0.5% average annual returns since the fund was launched.
- Shriram Money Market Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The Scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year.
Top 10 Holdings
Net Payables
-0.33%
Others CBLO
28.32%
BIRLA GROUP HOLDINGS PRIVATE LIMITED 365D CP 27FEB26
5.90%
HDFC BANK LIMITED CD 12MAR26
5.88%
AXIS BANK LIMITED CD 05MAR26
5.89%
CANARA BANK CD 12MAR26
5.88%
NTPC LIMITED 323D CP 10MAR26
5.89%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED 233D CP 20FEB26
5.90%
BANK OF BARODA CD 15JUN26
5.77%
GOVERNMENT OF INDIA 36733 091 DAYS TBILL 26FB26 FV RS 100
1.18%
Fund Managers
- Amit Modani (Jan 2026 - Present)
- Sudip Suresh More (Jan 2026 - Present)
Key Information
View Scheme Document
Shriram Money Market Fund - Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Shriram Money Market Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Shriram Money Market Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Shriram Money Market Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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