Equity Funds

• Shriram Mutual Fund had been constituted as a Trust in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882), vide a Trust Deed dated May 27, 1994, as amended from time to time. The said Trust deed has been duly registered under the Indian Registration Act, 1908. The Fund was registered with SEBI vide registration number MF/017/94/4 dated November 21, 1994.
• Shriram Asset Management Company Limited is a part of the Shriram conglomerate of Chennai. It was incorporated on 27th July, 1994, and received the Certificate of Commencement of Business on 5th December, 1994. The Company received permission from Securities and Exchange Board of India to act as the Asset Management Company of Shriram Mutual Fund in the year 1994.
• Shriram Credit Company Limited (SCCL) which is holding 68.67% stake in Shriram Asset Management Company Limited (SAMC) is the present Sponsor of SAMC. SCCL, a Non Deposit Taking Non Banking Financial Company registered under RBI Act 1934, is the wholly owned subsidiary of Shriram Capital Limited. Shriram Asset Management Company Limited is a listed quoted company. The shares are listed in Bombay Stock Exchange.

Know More

Tax Saving Schemes

Tax-saving schemes offer tax rebates to the investors under tax laws prescribed from time to time. Under Sec.88 of the Income Tax Act, contributions made to any Equity Linked Savings Scheme (ELSS) are eligible for rebate.

Index Schemes

Index schemes work on attempting to replicate the performance of a particular index like BSE Sensex or NSE 50. The portfolio of these schemes consist of only those stocks which comprise of this index. The percentage of each stock is identical to the stocks index weightage of the total holding. The returns in these schemes is more or less equivalent to those of the Index.

Sector Specific Schemes

According to these schemes or funds, you invest in securities of only those industries or sectors that follow a specified document. These include Pharmaceuticals, Software, Fast Moving Consumer Goods (FMCG), Petroleum stocks, etc. Returns in these schemes are dependent on the performance of the respective industry or sector. These schemes or funds have higher rate of risk and give higher returns. In these schemes, the investors must keep a keen eye on the performance and know the most appropriate time to exit.

Gold Fund

This includes investing on gold as an asset by gold fund. Gold Funds are open-ended mutual fund schemes which invest in units of Gold ETF. Investors can buy, sell, hold, and conduct SIP/STP/SWP in these funds. This is a cost-effective way of investment as investors do not have to incur any charges for de-mat account or brokerage charges and can accumulate through SIP.

Gold Sector

Funds is another gold fund sector for investment. In this, the funds will be invested in shares of companies that work in gold mining and processing.