- Mutual Funds
- Shriram Mutual Fund
- Shriram ELSS Tax Saver Fund (PIDCW-A)
Formerly Shriram Long Term Equity Reg IDCW-P
Shriram ELSS Tax Saver Fund (PIDCW-A)
₹ 20.9002
NAV (Apr 22)
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).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.9002
NAV (Apr 22)
Fund Returns
Last 1Y | 38.9% |
Last 3Y | 17.4% |
Last 5Y | 14.8% |
Last 10Y | NA |
Since Inception | 15.1% |
6 Month CAGR | 20.8% |
Scheme Information
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 | 2.55 |
Launched (5y ago) | Jan 19, 2019 |
AUM in Crores | 47.330 |
ISIN | INF680P01141 |
Lock-in | 3 |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 12.7 |
Standard Deviation (5yr) | 15.8 |
Beta (3yr) | 0.91 |
Beta (5yr) | 0.8 |
Sharpe Ratio (3yr) | 0.839 |
Sharpe Ratio (5yr) | 0.616 |
YTM | 7.76 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Shriram ELSS Tax Saver Fund (PIDCW-A) | 10,58,906 | 3,26,294 | 14.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
clearing corporation of india ltd.
10.1%reliance industries ltd
8%icici bank ltd
6.1%hdfc bank ltd
4.6%jio financial services ltd
3.6%Allocation by Sector
financial services
19.9%consumer cyclical
15%industrials
13.1%energy
11.2%consumer defensive
7.8%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
Shriram Asset Management Co Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
17.4% | 15.1% | ||
14.2% | 11.2% | ||
18.6% | 13.7% | ||
18.6% | 13.7% | ||
14.2% | 11.2% |
Shriram ELSS Tax Saver Fund (PIDCW-A) Review
Shriram ELSS Tax Saver Fund (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 15.1% over a period of 5 years. The fund was previously known as Shriram Long Term Equity Reg IDCW-P. 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 (PIDCW-A) as of 4/22/2024 is ₹20.90 with the total AUM as of 4/23/2024 is ₹47.33. With Scripbox you can compare and check the latest nav for all mutual funds in India. Shriram ELSS Tax Saver Fund (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A) 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 (PIDCW-A) is rated as a 1 fund in Equity and delivered 38.9% 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 (PIDCW-A).
Frequently Asked Questions
What is Shriram ELSS Tax Saver Fund (PIDCW-A)?
How to invest in Shriram ELSS Tax Saver Fund (PIDCW-A)?
You can invest in Shriram ELSS Tax Saver Fund (PIDCW-A) 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 (PIDCW-A)?
The minimum sip amount for Shriram ELSS Tax Saver Fund (PIDCW-A) is ₹500. You can invest in multiples of ₹500.
Is Shriram ELSS Tax Saver Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Shriram ELSS Tax Saver Fund (PIDCW-A) is a Not Recommended fund. You can investShriram ELSS Tax Saver Fund (PIDCW-A) 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 (PIDCW-A)?
The expense ratio of the Shriram ELSS Tax Saver Fund (PIDCW-A) is 2.55% for regular plan.