Shriram AMC gains on launching Shriram Money Market Fund
The fund will invest in high-quality money market instruments with maturity of up to one year
Shriram AMC is currently trading at Rs. 388.95, up by 1.70 points or 0.44% from its previous closing of Rs. 387.25 on the BSE.
The scrip opened at Rs. 371.00 and has touched a high and low of Rs. 400.00 and Rs. 371.00 respectively. So far 1630 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 690.00 on 13-Jun-2025 and a 52 week low of Rs. 331.80 on 29-Sep-2025.
Last one week high and low of the scrip stood at Rs. 458.00 and Rs. 363.05 respectively. The current market cap of the company is Rs. 658.43 crore.
The promoters holding in the company stood at 71.17%, while Non-Institutions held 28.83% in the company.
Shriram Asset Management Company (Shriram AMC) has expanded its fixed income offering with the launch of the Shriram Money Market Fund, an open-ended debt scheme. The fund will invest in high-quality money market instruments with maturity of up to one year, aiming to provide regular income while maintaining high liquidity and a controlled risk profile, in line with regulatory norms.
As liquidity management becomes a core requirement for institutional treasuries, corporates and individual investors, the fund strengthens Shriram AMC’s offering beyond its existing debt products such as the Shriram Overnight Fund and Shriram Liquid Fund, while reinforcing the AMC’s intent to build a comprehensive and scalable fixed income bouquet aligned with evolving cash management needs.
Shriram Asset Management Company is an integral part of the ‘Shriram’ Group. The Company act as the Asset Management Company of Shriram Mutual Fund.

