Description

SHRIRAM Mutual Fund launches 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 is launching SHRIRAM MONEY MARKET FUND as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from January 19, 2026 to January 21, 2026, with two plan variants - Regular Plan (Growth) and Direct Plan (Growth). The tentative allotment date is January 27, 2026. Clear funds must be available in the ICCL Account by 6:00 PM on the allotment date.

Key Points

  • SHRIRAM MONEY MARKET FUND NFO offered in two variants: Regular Plan - Growth (ISIN: INF680P01489) and Direct Plan - Growth (ISIN: INF680P01471)
  • Both plans categorized as Debt schemes
  • NFO period: January 19-21, 2026
  • Tentative allotment date: January 27, 2026
  • Extended trading till midnight on January 21, 2026 for lumpsum purchases only
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • Transactions with initiated payments remain pending till 3:00 PM on last day of NFO or T+5, whichever is earlier
  • Cheques and OTM payments acceptable subject to clear funds receipt
  • Switches accepted during NFO period subject to fund receipt before allotment date

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification following existing BSE StAR MF platform procedures.

Compliance Requirements

  • Members must ensure clear funds are available in ICCL Account by 6:00 PM on January 27, 2026 for unit allotment
  • SIP/XSIP/ISIP registration authentication must be completed by clients before 3:00 PM on NFO closure date (January 21, 2026)
  • Cancelled transactions (without client fund initiation by T+1 9:00 AM) will be reported to RTA/AMC with CC and N flag
  • For switch transactions, funds must be received under NFO scheme before allotment date to be considered for allotment

Important Dates

  • January 19, 2026: NFO opening date
  • January 21, 2026: NFO closure date (3:00 PM for SIP registrations; extended to midnight for lumpsum purchases)
  • January 27, 2026: Tentative allotment date; clear funds deadline in ICCL Account by 6:00 PM
  • T+1 9:00 AM: Deadline for client fund initiation (transactions without funds will be cancelled)
  • T+5 or last NFO payout day: Whichever is earlier - deadline for pending transactions with initiated payments

Impact Assessment

Market Impact: Minimal. This is a routine NFO launch for a money market debt fund, one of many mutual fund offerings on the platform.

Operational Impact: Low. Standard NFO procedures apply with clear timelines for fund transfers, allotments, and transaction processing. Only affects BSE StAR MF platform members and investors interested in SHRIRAM Money Market Fund.

Investor Impact: Provides additional investment option in the money market debt category for investors seeking short-term debt exposure through SHRIRAM Mutual Fund with both regular and direct plan options.

Impact Justification

Routine NFO launch notification for mutual fund members on BSE StAR MF platform with standard operational procedures