MF Gyan
debtLow riskLess than a year old

Shriram Money Market Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Shriram Mutual Fund. It's been running since 28 Jan 2026.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹1,041.4707
▲ 0.03% today
As of 4 Sep 2026 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 86 other funds in Debt Scheme - Money Market Fund

Same plan
Bumpiness (3Y)
0.57%median 0.70% (-0.13%)
Rank #43 of 87Less risky than 50% of peers
Worst-ever drop
-0.18%median -1.23% (+1.05%)
Rank #75 of 87Less risky than 14% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.6%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.18%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Shriram Money Market Fund - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch6.81%
Volatility — 1 year (annualised)0.57%
Volatility — 3 years (annualised)0.57%
Max drawdown — 1 year-0.18%
Max drawdown — 3 years-0.18%
Sharpe ratio — 1 year (rf=6%)1.42
Sharpe ratio — 3 years (rf=6%)1.42

Fund info

Fund house
Shriram Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF680P01471
ISIN (Div re-invest)
—
Fund code
154144
First price on record
28 Jan 2026 · 147 daily prices

About Shriram Money Market Fund - Direct Plan - Growth

Shriram Money Market Fund - Direct Plan - Growth is a Debt Scheme - Money Market Fund offered by Shriram Mutual Fund under the Direct plan with the Growth option. It has approximately 1 year of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Shriram Money Market Fund - Direct Plan - Growth is ₹1041.4707 (as of 4 Sep 2026). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.6% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.2%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Shriram Money Market Fund - Direct Plan - Growth?+

The latest NAV of Shriram Money Market Fund - Direct Plan - Growth is ₹1041.4707 as of 4 Sep 2026, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What category does Shriram Money Market Fund - Direct Plan - Growth belong to?+

Shriram Money Market Fund - Direct Plan - Growth is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Shriram Money Market Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 0.6%, Shriram Money Market Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Shriram Money Market Fund - Direct Plan - Growth a direct plan?+

Shriram Money Market Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Shriram Money Market Fund - Direct Plan - Growth?+

Shriram Money Market Fund - Direct Plan - Growth has NAV history available from 28 Jan 2026 — approximately 1 year of track record and 147 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.