Shriram Mutual Fund has announced changes in the fund management responsibilities of several schemes with effect from September 12, 2026. According to the fund house announcement, the changes affect multiple scheme categories including hybrid funds, balanced advantage funds, and ETFs. The changes represent a restructuring of fund management responsibilities across the fund house's portfolio.
The most significant changes affect the Shriram Aggressive Hybrid Fund and Shriram Balanced Advantage Fund, where Sudip Suresh More will no longer be part of the fund management team. These schemes will continue to be managed by Hitesh Savanth, Amit Modani, and Prateek Nigudkar. The Shriram Gold ETF Passive FoF will see Surjeet Kumar Singh take over sole management from the existing team of Sudip Suresh More and Surjeet Kumar Singh. Additionally, Amit Modani will assume sole management of the Shriram Liquid Fund and Shriram Money Market Fund, replacing the current team of Amit Modani and Sudip Suresh More. The Shriram Gold ETF Passive FoF is available as a direct plan with a minimum investment of ₹500 for both initial and subsequent investments.
The Shriram Multi Asset Allocation Fund will continue to be managed by Hitesh Savanth, Amit Modani, Prateek Nigudkar and Sudip Suresh More, with the latter being removed from the team. The Shriram Nifty 1D Rate Liquid ETF and Shriram Overnight Fund will both be managed by Amit Modani following the removal of Sudip Suresh More from the existing teams.
