• Mutual Funds
  • Shriram Mutual Fund
  • Shriram ELSS Tax Saver Fund (Growth)

Formerly Shriram Long Term Equity Reg Gr

Shriram Mutual Fund

Shriram ELSS Tax Saver Fund (Growth)

EquityTax Saving

22.1575

NAV (May 28)

16.1%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

22.1575

NAV (May 28)

Fund Returns

Last 1Y
41.1%
Last 3Y
18.3%
Last 5Y
16.1%
Last 10Y
NA
Since Inception
16.2%
6 Month CAGR
24.3%

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 guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Expense Ratio
2.25
Launched (5y ago)
Jan 19, 2019
AUM in Crores
49.623
ISIN
INF680P01133
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.8
Standard Deviation (5yr)
15.9
Beta (3yr)
0.91
Beta (5yr)
0.8
Sharpe Ratio (3yr)
0.946
Sharpe Ratio (5yr)
0.667
YTM
7.76
Fund Managers

Gargi Banerjee

Fund Manager

Deepak Ramaraju

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Shriram ELSS Tax Saver Fund (Growth)70%10,95,831 3,63,21916.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2024-05-28

Top Stock Holdings

reliance industries ltd

7.7%
7.7%

icici bank ltd

6.1%
6.1%

net receivables / (payables)

6%
6%

clearing corporation of india ltd.

5.1%
5.1%

larsen & toubro ltd

4.6%
4.6%
See all holdings

Allocation by Sector

financial services

23.8%
23.8%

industrials

23.5%
23.5%

consumer cyclical

12.7%
12.7%

energy

9.8%
9.8%

basic materials

5.7%
5.7%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,471 cr

₹ 18,691 cr

₹ 14,859 cr

₹ 54,904 cr

₹ 42,664 cr

amc-img

About the AMC

Shriram Asset Management Co Ltd

Shriram Asset Management Co Ltd manages assets worth 563 crores and was set up on 27 July 1994. It's current offering of mutual fund schemes includes 5 equity and 6 hybrid funds.amc-img
phone-img033-23373012
Fund NameScripbox Opinion
Till Date CAGR

18.3%

16.2%

14.8%

11.6%

18.9%

14.7%

18.9%

14.7%

14.8%

11.6%

Shriram ELSS Tax Saver Fund (G) Review

Shriram ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 16.2% over a period of 5 years. The fund was previously known as Shriram Long Term Equity Reg Gr. The fund is managed by Shriram Asset Management Co Ltd. The fund managers are Deepak Ramaraju, Gargi Banerjee.

Nav of Shriram ELSS Tax Saver Fund (G) as of 5/28/2024 is ₹22.16 with the total AUM as of 5/29/2024 is ₹49.623. With Scripbox you can compare and check the latest nav for all mutual funds in India. Shriram ELSS Tax Saver Fund (G) was launched on Jan 19, 2019. The category risk of the fund is Very High Risk.

The minimum SIP amount for Shriram ELSS Tax Saver Fund (G) is ₹500 and you can increase this in multiples of ₹500. 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 ELSS Tax Saver 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 Nifty 500 TR INR.

Shriram ELSS Tax Saver Fund (G) is rated as a 1 fund in Equity and delivered 41.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Shriram ELSS Tax Saver Fund (G).

Frequently Asked Questions

What is Shriram ELSS Tax Saver Fund (G)?

Shriram ELSS Tax Saver Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Shriram ELSS Tax Saver Fund (G)?

You can invest in Shriram ELSS Tax Saver 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 ELSS Tax Saver Fund (G)?

The minimum sip amount for Shriram ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Shriram ELSS Tax Saver Fund (G) good to invest in?

As per Scripbox experts, Shriram ELSS Tax Saver Fund (G) is a Not Recommended fund. You can investShriram ELSS Tax Saver 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 ELSS Tax Saver Fund (G)?

The expense ratio of the Shriram ELSS Tax Saver Fund (G) is 2.25% for regular plan.