A tricritical point is observed in the Nd1-x Srx Mn O3 (NSMO) (x=0.3, 0.33, and 0.4) manganites at x=0.33 which separates the first-order transition in NSMO-0.3 and second order transition in NSMO-0.4. The ferromagnetic transition of these compounds is further investigated by measuring magnetocaloric effect (MCE) and by applying a theoretical model based on Landau theory of phase transitions. Results indicate that the contributions to the free energy from the presence of correlated clusters are strongly influencing the MCE by coupling with the order parameter around the Curie temperature. © 2008 American Institute of Physics.