Shriram Asset Management Company Limited, part of the Shriram Group, has launched the Shriram Money Market Fund to expand its fixed income product offerings. The open-ended debt scheme represents the company's strategic move to capitalize on growing investor demand for short-term liquidity solutions with stable returns.

Fund Launch Details

The new fund offer (NFO) will be available for a limited three-day window, providing investors with specific investment parameters and objectives.

Investment Strategy and Instruments

The Shriram Money Market Fund will focus on money market instruments with residual maturities of up to one year. The fund's investment universe includes commercial papers, certificates of deposit, treasury bills, repos and reverse repos in government securities, and other short-term instruments permitted by SEBI and RBI. The scheme aims to provide regular income while maintaining low interest rate risk, moderate credit risk, and high liquidity for investors.

The fund's performance will be benchmarked against the NIFTY Money Market Index A-I Total Return Index (TRI), providing investors with a clear performance comparison metric.

Investment Options and Accessibility

Investors can participate in the fund through multiple investment routes to suit their financial planning needs:

• Lump-sum investments for immediate deployment of capital
• Systematic Investment Plans (SIPs) for regular investment discipline
• Direct and regular plan options
• Growth option availability

The fund structure ensures accessibility with no exit load and quick redemption processing within three business days.

Market Growth and Industry Context

The launch comes amid significant growth in the money market fund segment, reflecting increased investor preference for short-term liquidity solutions. According to AMFI data, the money market fund category has experienced substantial expansion in recent years.

This represents more than three-fold growth in assets under management, highlighting the increasing investor appetite for money market instruments.

Strategic Portfolio Enhancement

The new fund complements Shriram AMC's existing debt offerings, including the Shriram Overnight Fund and Shriram Liquid Fund. The launch strengthens the company's fixed income capabilities following the appointment of Amit Modani as Senior Fund Manager – Lead Fixed Income in October 2025, demonstrating the company's commitment to expanding its debt fund expertise and product range.

UTI Asset Management Company Ltd. recorded a significant block trade on the National Stock Exchange (NSE), with the transaction valued at ₹26.97 crores. The large-volume trade demonstrates continued institutional interest in the asset management sector.

Transaction Details

The block trade involved substantial volume and value, reflecting significant market activity in the company's shares.

Block Trade Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or high-net-worth individuals. These transactions are conducted through special trading mechanisms designed to handle substantial volumes without disrupting regular market operations. The execution of such trades often indicates:

• Institutional portfolio rebalancing activities
• Strategic investment decisions by large investors
• Liquidity provision for significant stakeholders

Market Impact

The substantial transaction value of ₹26.97 crores highlights the liquidity available in UTI Asset Management Company's shares. Block trades of this magnitude typically occur when there is sufficient market depth and investor interest to accommodate large-volume transactions at predetermined prices.

The asset management industry continues to attract investor attention as market participants seek exposure to companies managing investment portfolios and financial products. Such block trades provide insights into institutional investment patterns and market confidence in the sector.