Shriram AMC to Launch Shriram Liquid Fund on 4th November 2024
Shriram Asset Management Company Limited, part of the Shriram Group, will launch the Shriram Liquid Fund on 4th November 2024. This new fund aims to generate optimal returns with lower to moderate levels of risk, and high liquidity by investing in debt and money market instruments. The fund will maintain an average maturity of up to 91 days.
The New Fund Offer (NFO) will close on 8th November 2024.
- NFO to close on 8th November 2024
- An open-ended Liquid scheme. A relatively low-interest rate risk and moderate credit risk.
- Offers investors a stable, liquid alternative to traditional savings accounts, with safety and liquidity for short-term funds
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