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).
2 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
44 Cr. Negligible within the category
Category View
Superior. The category has a superior 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
₹ 15.7926
NAV (Sep 15)
Fund Returns
40.3%
Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
18.8%
Since Inception
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 221 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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Shriram Long Term Equity Fund (G)
About Shriram Long Term Equity Fund (G)
Shriram Long Term Equity Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 18.8% over a period of 2 years. . The fund is managed by Shriram Asset Management Co Ltd. The fund managers are Gargi Banerjee, Kartik Soral
Shriram Long Term Equity Fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.
Shriram Long Term Equity Fund (G) NAV,AUM,Risk
The Shriram Long Term Equity Fund (G) fund was launched on Jan 19, 2019. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-09-15 is ₹15.79. The total AUM (Asset Under Management) of the fund as of 16/09/2021 is ₹43.722. The category risk of the Shriram Long Term Equity Fund (G) fund is Very High Risk. The fund charges 2.55 % as expense ratio.
Shriram Long Term Equity Fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 98.7% in this asset class. The top three holdings of the fund are , hdfc bank ltd , bharti airtel ltd , icici bank ltd , reliance industries ltd. (partly paid) , infosys ltd , housing development finance corp ltd , tata consultancy services ltd , kotak mahindra bank ltd , hcl technologies ltd , hdfc life insurance company limited , itc ltd , dabur india ltd , hindustan unilever ltd , sbi life insurance company limited , state bank of india , vip industries ltd , abbott india ltd , axis bank ltd , bajaj finance ltd , srf ltd , jubilant ingrevia ltd ordinary shares , pi industries ltd , indian railway catering and tourism corp ltd , larsen & toubro ltd , ultratech cement ltd , cash,cash equivalents and net current assets , shree cement ltd , vst tillers tractors ltd , acc ltd , escorts ltd , gail (india) ltd , icici prudential life insurance company limited , tata motors ltd , jk cement ltd , varun beverages ltd , vardhman textiles ltd , icici lombard general insurance co ltd , bajaj auto ltd , jk lakshmi cement ltd , nestle india ltd , nocil ltd , cholamandalam investment and finance co ltd , ttk prestige ltd , endurance technologies ltd , laurus labs ltd , apollo tyres ltd , ajanta pharma ltd , asian paints ltd , maruti suzuki india ltd , biocon ltd , pfizer ltd , sheela foam ltd , cipla ltd , hero motocorp ltd , kec international ltd , ntpc ltd , ashok leyland ltd , aurobindo pharma ltd , central depository services (india) ltd
Shriram Long Term Equity Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.
Shriram Long Term Equity Fund (G) Investment volatility and Horizon
This fund 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) Review
Shriram Long Term Equity Fund (G) has a score of 2 on a scale of 5. The fund scores 2 out of 5 based on historical performance.
As compared to the other funds in its category, Shriram Long Term Equity Fund (G) has a score of 1 out of 5
Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.
