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Shriram Mutual Fund is a closely held Public Limited Company, originally incorporated on 10th April 1980 in Chennai, under the south India based Shriram Group, in the name of Swastik Credit Company Limited. Subsequently, the name of the Company was changed to Shriram Credit Company Ltd. and a fresh Certificate of Incorporation dated 14th May 1993 was issued by the Registrar of Companies, Tamil Nadu.
The Company is registered as a Non Deposit Taking Non Banking Financial Company with Reserve Bank of India (RBI) under section 45-IA of the Reserve Bank of India Act, 1934, and received its Certificate of Registration on 17th April 2002 vide Registration No. B-07. 00709.
The key activities of the Sponsor are:To lend money on security on movable or immovable properties,To deal in Negotiable Instruments & Securities,To deal in shares, stocks, bonds, obligations or securities of any Government, local authority or company,To act as a Sponsor for the Mutual Fund and perform all relevant activities related in this regard
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