Shriram Equity & Debt Opportunities Fund Delivers Consistent Performance

• The Fund delivers Two Dividend Payment in less than a year

• Shriram AMC to launch two new schemes both in Equity & Debt in FY16

• Shriram AMC to add additional capital of Rs. 30 Crore

Shriram Asset Management Company has ambitious plans to grow the mutual fund business and attain leadership in the next 5 – 7 years time. Shriram AMC has recently infused INR 10 Cr capital to the AMC and proposes to add additional 30 cr in the coming one year.

Mr. D Ramanathan, Head of Sales and Marketing, Shriram AMC

Mr. D Ramanathan, Head of Sales and Marketing, Shriram AMC, said, “Shriram Mutual Fund is positioning itself as one of the unique entities to today’s competitive space by introducing innovative products and widening the product suit to our growing number of customers”. “We are working on launching two new schemes--- pure equity scheme and a hybrid scheme with a high debt orientation--- during the financial year,” Mr. Ramanathan said.

The maiden offering of the company – Shriram Equity & Debt Opportunities Fund, an open ended equity oriented asset allocation fund has delivered 15.91% since inception outperforming its benchmark and sensex by a decent margin. In addition, the fund has declared two dividends in less than a year of launch translating to 13% ie Rs 1.30 per unit under dividend plan. In the recent sharp market correction, the scheme has managed the downside risk exceedingly well and demonstrated consistent performance. Among the peer group, the scheme enjoys the highest portfolio market capitalization of INR 80,000 Crore (source- Value Research). The fund is managed by Partha Ray who is an alumnus of IIT – Kharagpur & IIM – Bangalore with a rich experience of over 2 decades in the financial services domain.

The company has introduced a first of its kind feature – ANY DAY SIP effective August 2015, which allows the investor to choose his or her sip date any day from 1 to 30th of a month. This is a departure from the industry practice of choosing specified dates in a month targeting broader class of investors including small businessmen, entrepreneurs and traders in addition to salaried classes.

About Shriram AMC

Shriram AMC is part of the INR 90,000 crores financial conglomerate Shriram Group, Chennai having significant presence in financial services through commercial vehicle finance, small business finance and consumer finance, life and general insurance, stock broking, Mutual Fund and distribution of financial products.  The Group firmly believes AMC business as a strategic fit as it complements the overall product suite. Shriram Credit Company Limited (SCCL), which holds 68.67% stake in Shriram Asset Management Company Limited (SAMC), is the present Sponsor of SAMC. SCCL being a Non Deposit taking, Non Banking Financial Company registered under RBI Act 1934 is the wholly owned subsidiary of Shriram Capital Limited. Shriram Asset Management Company Limited is a listed quoted company. The shares are listed in Bombay Stock Exchange.

Mr. A. K Singh is the MD & CEO of Shriram Asset Management Company. He is a B.Tech (IIT Kharagpur) and PGDM from IIM Bangalore with rich professional career of over 25 years out of which last 17 years have been in the Financial Services space. He has been associated with Shriram Group since 1994 as the President of Shriram City Union Finance Limited and later he took as Managing Director in the year 2000 till 2005.

Risk Factors 

MUTUAL FUND NVESTMENTS ARE SUBJECT TO MARKET RISKS. READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. Mutual Fund and securities are investments subject to market risks and there can be no assurance and no guarantee that the scheme will achieve its objectives. • As with any investment in stocks, shares and securities the NAV of the units under the scheme can go up or down, depending upon the factors and forces affecting the capital market. • Past performance of the Sponsors or its Group affiliates is not indicative of and does not guarantee the future performance of the Scheme. • Shriram Equity and Debt Opportunities Fund is only the name of the scheme and does not in any manner indicate either the quality of the scheme, its future prospects or the returns. • Investment by Mutual Fund in securities involves risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. • The sponsors are not responsible or liable for any loss resulting from the operations of the fund beyond the initial contribution of Rs. 1 lakh made by them towards setting up of the mutual fund. • The scheme is not offering any assured/guaranteed returns to investors. • Please consult your tax advisor regarding applicability of prevailing tax laws. • For scheme specific risk factors and other details please read the Scheme Information document (SID), Key Information Memorandum (KIM) & Statement of Additional Information (SAI) of the scheme carefully before investing.