MSMESRI_FUND
Self Reliant India (SRI) Fund
Equity investment for growth-stage MSMEs that want to cut debt, professionalise governance, and scale toward listing — under the Ministry of MSME's ₹50,000 crore Self Reliant India Fund. You raise it through an empanelled Daughter Fund, not by applying directly.
NOTICE
This service is free. We will never ask for payment. If anyone offers to apply on your behalf for a fee, they are not us.
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Non-monetary
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Official fee
₹0 — completely free
There is no fee for an MSME to get SRI Fund investment. Empanelled daughter funds make equity investments based on commercial diligence, and no upfront fees should ever be paid to any agent.
Beware of lookalike portals
Empanelled Daughter Funds are SEBI-registered venture funds. Beware of third-party websites offering 'guaranteed equity sanction' under the SRI scheme for an upfront commission.
Only the "Apply on official portal" button above leads to the verified government site.
Highlights and Media
Key Highlights
₹50,000 Cr Equity Pool
Vast growth capital pool backed by the Ministry of MSME and private venture investors.
Scale to Listing (IPO)
Specifically designed for mature MSMEs looking to professionalize governance and scale toward stock exchange listing.
Mother-Daughter Structure
Anchor government fund leverages private venture partners (daughter funds) for capital deployment.
SRI Fund Capital Structure
How the aggregate ₹50,000 crore growth-equity corpus is structured
The Government of India commits ₹10,000 Crore as anchor capital into the Mother Fund managed by NSIC.
Empanelled Daughter Funds raise the remaining ₹40,000 Crore from institutional and private investors to invest in MSMEs.
Who is eligible
- Your business is Udyam-registered as an MSME
- You are looking for funding to grow
- Equity from the SRI Fund could fit a growth-stage MSME
Eligibility rules · v1 · effective 1 September 2021
Who is not eligible
- This is an equity-funding route, so add growth funding to your goals if that is what you are after.
- The SRI Fund is for registered MSMEs — completing Udyam registration first opens this route.
How to apply
Confirm your business is Udyam-registered
The SRI Fund is for registered MSMEs, so make sure your Udyam registration is current before you start.
Find an empanelled Daughter Fund
Investment comes through a Daughter Fund, not the SRI Fund directly. Use the SIDBI Venture Capital portal to identify the right fund for your stage and sector.
Prepare and share your growth plan
Put together your business plan, financials, and how you would use equity to cut debt and scale, then approach the Daughter Fund.
Go through due diligence and the investment decision
The Daughter Fund assesses your business and decides on the equity investment. Timelines vary by fund.
Sources
- PIB — Self Reliant India (SRI) Fund (Rs 50,000 crore; Mother/Daughter fund structure)PIB_RELEASE · Fetched 5 July 2026
- SIDBI Venture Capital — fund managerMINISTRY_PORTAL · Fetched 5 July 2026
Additional Details
The Self Reliant India (SRI) Fund puts equity capital into growth-stage MSMEs under the Ministry of MSME. It uses a Mother Fund / Daughter Fund structure with an aggregate target of ₹50,000 crore — ₹10,000 crore contributed by the Government of India and the rest raised from private PE and VC investors. Union Budget 2026-27 added a ₹2,000 crore top-up.
It is built for mature MSMEs that want to reduce debt, professionalise their governance, and scale up toward a future listing. Instead of a loan, you take on an equity investor who backs your growth.
Important: MSMEs do not apply directly to the SRI Fund. Investment comes through an empanelled Daughter Fund, which assesses and selects businesses. Approaching the right Daughter Fund is the practical route in.
Approaching a Daughter Fund for funding is free. You should never pay an agent or middleman to get an SRI Fund investment — a genuine fund earns its return from your business's growth, not from upfront fees.
Related / Stackable schemes
MSME
Udyam Registration (MSME)
Free, online MSME registration — the foundation for CGTMSE, CLCSS, MUDRA, GeM seller, TReDS, and dozens of MSME-only benefits.