Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
46 Cr. Negligible within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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Historical NAV
₹ 15.2791
NAV (Jan 28)
Fund Returns
Last 1Y
19.4%
Last 3Y
15.1%
Last 5Y
NA
Last 10Y
NA
Since Inception
15%
6 Month CAGR
8.4%
Scheme Information
Investment Objective
The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and enable investors to avail the income tax rebate,as permitted from time to time. However,there is no assurance or guauantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Shriram Asset Management Co Ltd manages assets worth 224 crores and was set up on 27 July 1994. It's current offering of mutual fund schemes includes 5 equity and 6 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
Shriram Long Term Equity Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15% over a period of 3 years. The fund is managed by Shriram Asset Management Co Ltd. The fund managers are Gargi Banerjee, Kartik Soral.
Nav of Shriram Long Term Equity Fund (G) as of 28/01/2022 is ₹15.28 with the total AUM as of 29/01/2022 is ₹45.569. With Scripbox you can compare and check the latest nav
for all mutual funds in India. Shriram Long Term Equity Fund (G) was launched on Jan 19, 2019. The category risk of the fund is Very High Risk.
The minimum SIP amount for Shriram Long Term Equity Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹500.
Check your estimated returns on mutual funds by using sip calculator.
Shriram Long Term Equity Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.
Shriram Long Term Equity Fund (G) is rated as a 2 fund in Equity and delivered 19.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Shriram Long Term Equity Fund (G).
Frequently Asked Questions
What is Shriram Long Term Equity Fund (G)?
Shriram Long Term Equity Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.
How to invest in Shriram Long Term Equity Fund (G)?
You can invest in Shriram Long Term Equity Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Shriram Long Term Equity Fund (G)?
The minimum sip amount for Shriram Long Term Equity Fund (G) is ₹0. You can invest in multiples of ₹500.
Is Shriram Long Term Equity Fund (G) good to invest in?
As per Scripbox experts, Shriram Long Term Equity Fund (G) is a Neutral fund. You can invest Shriram Long Term Equity Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Shriram Long Term Equity Fund (G)?
The expense ratio of the Shriram Long Term Equity Fund (G) is 2.55% for regular plan.
