Copper based shape memory alloys are studied throughout the world for their high transition temperatures and high thermal stability. Among Copper based shape memory alloys(SMAs), Cu-Al-Mn SMAs have shown good ductility and high transition temperature. Only those alloy systems that can show the formation of β phase are capable to demonstrate the shape memory properties. In this paper the effects of the alloying elements on the formation of martensite phase have been studied exclusively. Addition of 1 wt% of Fe, Cr and Ti to the Cu-12.5Al-5Mn shape memory alloy has been investigated in detail. Therefore, four alloys have been synthesized through liquid metallurgy route using pure metals of 99.9% purity in a melting furnace weighing 1kg each. Samples were heat treated at the temperature of 920˚C for 2 hours and then quenched in ice water. The optical micrographs show the formation of the martensite structures in all the samples except in the samples in which 1 wt% Fe was added. X-Ray diffractions also revealed the same facts as obtained in the optical microscopy. Vickers Hardness of all four samples were carried out. The result shows no sign of martensite formation in sample containing Fe; therefore, this alloy should not be used for further study in the direction of understanding shape memory behaviors of the copper based shape memory alloys. Moreover, it was also observed that the addition of Cr yielded good martensitic formation as compared to the alloy containing Ti. Copyright © 2016 VBRI Press.