Shriram AMC Launches Shriram Money Market Fund, Expanding Fixed Income Suite

Shriram Asset Management Company Limited 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. This move is strategic, reflecting the rising demand for efficient cash management solutions and the growing trend of investors moving surplus funds into liquid, higher-yielding avenues amid higher interest rates and market volatility.