Description
SHRIRAM Mutual Fund will offer SHRIRAM MONEY MARKET FUND NFO with SIP facility from January 19-21, 2026 on BSE StAR MF Platform with tentative allotment on January 27, 2026.
Summary
SHRIRAM Mutual Fund will launch SHRIRAM MONEY MARKET FUND as a New Fund Offering (NFO) with SIP facility on BSE StAR MF Platform. The NFO will be available from January 19-21, 2026, with both Regular and Direct plan options. The tentative allotment date is January 27, 2026, and clear funds must be available in ICCL Account by 6:00 PM on that date.
Key Points
- Two plan options available: Regular Plan - Growth (ISIN: INF680P01489) and Direct Plan - Growth (ISIN: INF680P01471)
- NFO period: January 19-21, 2026
- Extended till midnight on January 21, 2026 for lumpsum purchases only
- Tentative allotment date: January 27, 2026
- Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
- Cheques and OTM payments accepted subject to clear funds receipt
- Switches accepted during NFO period subject to fund receipt before allotment date
- SIP/XSIP/ISIP registration authentication required before 3:00 PM on NFO closure date
Regulatory Changes
No regulatory changes. This is a standard NFO launch notification.
Compliance Requirements
- Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid transaction cancellation
- CC with N flag will be reported to RTA/AMC for cancelled transactions
- Clear funds must be available in ICCL Account by 6:00 PM on January 27, 2026
- SIP/XSIP/ISIP registrations must be authenticated by clients before 3:00 PM on January 21, 2026
- Pending transactions will remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier
Important Dates
- January 19, 2026: NFO opening date
- January 21, 2026: NFO closure date (extended till midnight for lumpsum purchases)
- January 21, 2026, 3:00 PM: Deadline for SIP/XSIP/ISIP authentication
- T+1, 9:00 AM: Deadline for client fund initiation
- January 27, 2026: Tentative allotment date
- January 27, 2026, 6:00 PM: Deadline for clear funds in ICCL Account
Impact Assessment
Market Impact: Low - This is a routine mutual fund NFO launch with no direct impact on equity or debt markets.
Operational Impact: Low to Medium for mutual fund distributors and BSE StAR MF platform members who need to process NFO orders and ensure compliance with payment timelines.
Investor Impact: Low - Provides new investment option in money market category for investors seeking debt instruments with lower risk profile. The offering includes both regular and direct plans, giving investors flexibility in fee structures.
Impact Justification
Routine NFO launch announcement for mutual fund with standard procedures, affecting only mutual fund distributors and investors interested in money market funds