"I used to go with him on the sets of his films...I have grown up watching his movies. To have such an actor as my father, I cannot explain what a proud feeling it is," she told IANS in a group interview.
In three decades, Shakti has featured in over 500 films. He tasted success with "Qurbani" and "Rocky" and became one of the leading villains in filmdom. Later he moved to comedy and thoroughly entertained viewers with roles in "Raja Babu" and "Andaz Apna Apna".
Sharing her childhood days, Shraddha added: "My friends used to tease me with his characters like Raja Babu, Nandu Sabka Bandu and I used to feel nice. I used to be popular in school because of my father. So it was a good feeling."
Shakti is strict, but pampers her a lot.
"He is very particular about what I eat. He wants me to be on a good diet and be focussed. He is strict with me when he has to be. Otherwise he is a funny person and pampers me a lot," she said.
Shakti is married to Shivangi, Padmini Kolhapure's elder sister, and they have two children - Shraddha and Siddhant - who will be seen in "Shootout At Wadala".
So far she had two releases and her third movie "Aashiqui 2" is ready to hit the screens Friday. Advice on work from family members is obvious, she says.
"My family gives me a lot of advice. That is a great part of having a family from the same industry. So dinner table conversations revolve around films and filmmaking. They do guide me, I would be silly not to use them," she said.
She feels being a star kid has its benifit, but at the end of the day, "it's your talent, hard work, what you bring to the table and how you are able to connect with people with our own identity would take you ahead."
However, she admits outsiders need a different zeal to succeed in the industry.
"I feel that those who come with a dream to succeed on their own terms, their drive is different...there is a different sort of fire and drive in them," she said.
"I am half Maharashtrian. So I used some of personal experiences," she said.