The investment objective of the Scheme is to generate optimal returns consistent with lower to moderate levels of risk and high liquidity by investing in debt and money market instruments. The fund maintains an average maturity in the range of <91 days. There is no assurance that the investment objective of the Scheme will be achieved.
Shriram Liquid Fund will invest in Debt & Money market securities with maturity < 91 Days. The scheme may invest in listed and rated debt or money market instruments such as commercial paper, certificates of deposit, permitted securities under a repo agreement etc., Gilts/Government securities, securities issued/guaranteed by the Central/State Governments, securities issued by public/private sector companies/corporations, financial institutions. The fund management team will strive to maintain a consistent performance in the scheme, giving highest importance to safety & liquidity of the investments. The fund manager will try to achieve an optimal risk return balance of the portfolio. The investments in money market instruments carry various risks like interest rate risk, liquidity risk, default risk etc. While they cannot be done away with, attempts will be made to minimize the volatility by diversification. The fund management team will take an active view of the interest rate movement by keeping a close watch on various parameters of the Indian economy, as well as developments in global markets.
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