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Shares of Shriram Asset Management Co Ltd ended at ₹290.00, down by ₹4.95, or 1.68%, on the BSE.
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Shriram Asset Management Company Ltd on Friday (August 7) reported a net loss of ₹6.89 crore for the first quarter of FY27, compared with a loss of ₹2.76 crore in the corresponding quarter last year.
On a sequential basis, the company’s net loss narrowed from ₹7.94 crore in Q4 FY26.
Total income stood at ₹4.04 crore in Q1 FY27, rising 11.74% year-on-year from ₹3.62 crore in Q1 FY26. On a quarter-on-quarter basis, total income increased 92.42% from ₹2.10 crore in the previous quarter.
Profit before tax (PBT) stood at a loss of ₹6.83 crore in Q1 FY27, compared with a loss of ₹2.76 crore in Q1 FY26. In the previous quarter, PBT loss stood at ₹7.83 crore.
Last month, Shriram Asset Management Company had launched a Refreshed Fund Opportunity (RFO) for three of its hybrid funds, introducing a revised investment strategy and investment framework across the schemes. The Partner Opportunity Offer Period for mutual fund distributors is open from July 15 to August 7.
The refreshed framework covers the Shriram Multi Asset Allocation Fund, Shriram Aggressive Hybrid Fund and Shriram Balanced Advantage Fund. The funds will follow a structured asset allocation approach combining equity, debt and exposure to gold and silver, allowing fund managers to dynamically adjust allocations based on market conditions.
According to the company, the revised investment framework includes a structured asset allocation process, an equity selection methodology based on Growth at a Reasonable Price (GARP) principles, a research-led fixed income framework and exposure to gold and silver.
The objective is to create a repeatable investment process aligned with each scheme's investment objective while responding to changing market conditions.
The Shriram Balanced Advantage Fund is designed for investors seeking dynamic allocation between equity and debt, while the Shriram Aggressive Hybrid Fund aims to provide higher equity participation with the potential for long-term capital appreciation.
The Shriram Multi Asset Allocation Fund offers diversified exposure across equity, debt, and Gold & Silver ETFs through a single investment solution.
Shares of Shriram Asset Management Co Ltd ended at ₹290.00, down by ₹4.95, or 1.68%, on the BSE.
First Published:
Aug 7, 2026 11:45 PM
IST
