SREI Mutual Fund

SREI Mutual Fund is a part of SREI Infrastructure Finance Limited (SIFL). All the Mutual Fund schemes of SREI are managed by SREI Mutual Fund Asset Management Private Limited. SIFL is one of India’s leading infrastructure institution. It has been a forerunner in infrastructure finance since its commencement in 1989. The Mutual Fund company has launched Infrastructure Debt fund (IDFs).

Mutual Funds: About SREI AMC

SREI Mutual Fund is a part of SREI Infrastructure Group. The company is a part of Kanoria Foundation entity which has been its footprints in the infrastructure space for nearly past three decades. The company has derived its name SREI from the Hindi word ‘Shrey’ which means “Merit”. The group provides various services apart from the Mutual Fund Industry that includes:

• Infrastructure project finance
• Advisory and development
• Infrastructure equipment finance
• Capital markets
• insurance Broking

Mutual Fund Categories: About Infrastructure Debt Funds

Infrastructure Debt Funds or IDFs refer to the scheme that predominantly invests its stake in the infrastructure sector. The funds are considered to be an important source for raising finance because it is difficult to procure money for infrastructure project due to huge requirements and long waiting periods. IDF can be set up either as a company or a trust in India. If a trust is set up for IDF then; it would Infrastructure projects or special purpose vehiclesbe a mutual fund, regulated by SEBI wherein; the funds are called as IDF-MF. Contrarily, if the IDF is set up in the form of a company it becomes an NBFC which is regulated by RBI.

Mutual Fund Schemes: SREI Infrastructure Debt Funds

SREI Infrastructure Debt Fund is an IDF that invests a predominant stake of its corpus in debt securities or securitized debt instruments of:

• Infrastructure companies
• Infrastructure projects or special purpose vehicles
• Infrastructure Finance Companies
• Bank loans in respect of completed projects

It is a close-ended Mutual Fund scheme and has a lock-in period of five years. Additionally, the fund will always have a minimum of five investors where no single individual’s holding will exceed 50% of the scheme’s net asset. SREI Infrastructure Debt Fund has divided its investors into two categories, namely, strategic investor and other investors. Strategic investor includes scheduled commercial bank, international multilateral financial institution, and pension funds. Other investors include individuals, resident companies, and partnership firms.

SREI: How to Purchase the Mutual Fund?

Since SREI’s IDF is a close-ended scheme, people can purchase it only during the NFO or private placement offer. People who wish to invest in these schemes need to collect the forms from official points that includes Collecting Bank Branches, Mutual Fund Distributors, and AMC Branches. They need to submit the filled form and pay the subscription money along with it.

SREI Mutual Fund Calculator

mutual fund calculator helps individuals to calculate how much money they should save today to attain their future objectives tomorrow. It is also known as sip calculator. People can also assess how their SIP investment grows over a timeframe in a virtual environment. In order to check this amount, people need to enter their present Income amount, their monthly commitment, expected rate of returns on their investment, and other related parameters.

Mutual Fund Calculator

SREI Mutual Fund AUM

Investors can find the AUM of SREI Mutual Fund through their periodically published reports. In addition, they can also find it on the fund’s website.

Corporate Address of SREI Mutual Fund

Exchange Block, 51K/51L, Paradise, Bhulabhai Desai Road, Breach Candy, Mumbai – 400026.

Sponsor(s)

SREI Infrastructure Finance Limited