How to Invest in Shriram ELSS Tax Saver Fund Direct Growth?

You can easily invest in Shriram ELSS Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Shriram ELSS Tax Saver Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Shriram ELSS Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Shriram ELSS Tax Saver Fund Direct Growth provide?

The Shriram ELSS Tax Saver Fund Direct Growth has been there from 25 Jan 2019 and the average annual returns provided by this fund is 12.38% since its inception.

How much expense ratio is charged by Shriram ELSS Tax Saver Fund Direct Growth?

The term Expense Ratio used for Shriram ELSS Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Shriram ELSS Tax Saver Fund Direct Growth is 0.99% as of 02 Aug 2026...

What is the AUM of Shriram ELSS Tax Saver Fund Direct Growth?

The AUM, short for Assets Under Management of Shriram ELSS Tax Saver Fund Direct Growth is ₹46.95Cr as of 02 Aug 2026.

How to Redeem Shriram ELSS Tax Saver Fund Direct Growth?

If you want to sell your Shriram ELSS Tax Saver Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Shriram ELSS Tax Saver Fund Direct Growth?

You can select either SIP or Lumpsum investment of Shriram ELSS Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Shriram ELSS Tax Saver Fund Direct Growth?

The NAV of Shriram ELSS Tax Saver Fund Direct Growth is ₹24.04 as of 31 Jul 2026.

What is the PE and PB ratio of Shriram ELSS Tax Saver Fund Direct Growth?

The PE ratio ratio of Shriram ELSS Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Shriram ELSS Tax Saver Fund Direct Growth

Name: Shriram ELSS Tax Saver Fund Direct Growth
Brand: Shriram Mutual Fund

+9.21%

3Y annualised

+0.05% 1D

All

NAV: 31 Jul '26

₹24.04

Min. for SIP

₹500

Fund size (AUM)

₹46.95 Cr

Expense ratio

0.99%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹31,063	+3.54%
1 year	₹60,000	₹61,506	+2.51%
3 years	₹1,80,000	₹1,89,019	+5.01%
5 years	₹3,00,000	₹3,63,928	+21.31%

Holdings (74)

Name	Sector	Instruments	Assets
HDFC Bank Ltd	Financial	Equity	7.96%
Reliance Industries Ltd	Energy & Utilities	Equity	5.03%
ICICI Bank Ltd	Financial	Equity	4.95%
Axis Bank Ltd	Financial	Equity	4.22%
State Bank of India	Financial	Equity	4.07%
Bharti Airtel Ltd	Technology	Equity	3.78%
Larsen & Toubro Ltd	Industrials	Equity	2.55%
Interglobe Aviation Ltd	Industrials	Equity	2.47%
Infosys Ltd	Technology	Equity	2.16%
SAMHI Hotels Ltd.	Consumer Discretionary	Equity	2.11%
SBI Life Insurance Company Ltd	Financial	Equity	2.05%
NTPC Ltd	Energy & Utilities	Equity	2.00%
Mahindra & Mahindra Ltd	Consumer Discretionary	Equity	2.00%
Kirloskar Oil Engines Ltd	Industrials	Equity	1.87%
Bharat Electronics Ltd	Industrials	Equity	1.79%
Ajanta Pharma Ltd	Healthcare	Equity	1.75%
ITC Ltd	Consumer Staples	Equity	1.71%
Net Receivables	Unspecified	Net Receivables	1.61%
R R Kabel Ltd.	Industrials	Equity	1.58%
KFin Technologies Ltd	Financial	Equity	1.50%
Adani Ports and Special Economic Zone Ltd	Industrials	Equity	1.46%
Zomato Ltd	Technology	Equity	1.45%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	1.44%
Computer Age Management Services Ltd	Financial	Equity	1.43%
Tata Consultancy Services Ltd	Technology	Equity	1.38%
Krishna Institute Of Medical Sciences Ltd	Healthcare	Equity	1.34%
Thyrocare Technologies Ltd	Healthcare	Equity	1.28%
Navin Fluorine International Ltd	Materials	Equity	1.24%
Tata Steel Ltd	Materials	Equity	1.24%
S.J.S Enterprises Ltd	Consumer Discretionary	Equity	1.20%
Narayana Hrudayalaya Ltd	Healthcare	Equity	1.18%
Marico Ltd	Consumer Staples	Equity	1.13%
Torrent Pharmaceuticals Ltd	Healthcare	Equity	1.12%
Rainbow Childrens Medicare Ltd	Healthcare	Equity	1.10%
Apollo Hospitals Enterprise Ltd	Healthcare	Equity	1.09%
Bajaj Holdings & Investment Ltd	Financial	Equity	1.04%
TVS Motor Company Ltd	Consumer Discretionary	Equity	0.97%
Eicher Motors Ltd	Consumer Discretionary	Equity	0.93%
Indian Bank	Financial	Equity	0.93%
REC Ltd	Financial	Equity	0.93%
Dodla Dairy Ltd	Consumer Staples	Equity	0.93%
Power Grid Corporation of India Ltd	Energy & Utilities	Equity	0.89%
Tech Mahindra Ltd	Technology	Equity	0.87%
Oil & Natural Gas Corporation Ltd	Energy & Utilities	Equity	0.80%
Canara Robeco Asset Management Company Ltd.	Financial	Equity	0.80%
Deepak Fertilisers & Petrochemicals Corporation Ltd	Materials	Equity	0.79%
Kalpataru Power Transmission Ltd	Industrials	Equity	0.77%
Oil India Ltd	Energy & Utilities	Equity	0.77%
Eris Lifesciences Ltd	Healthcare	Equity	0.76%
National Aluminium Company Ltd	Materials	Equity	0.75%
Lemon Tree Hotels Ltd	Consumer Discretionary	Equity	0.73%
HCL Technologies Ltd	Technology	Equity	0.71%
Power Mech Projects Ltd	Industrials	Equity	0.70%
Coforge Ltd	Technology	Equity	0.70%
Karur Vysya Bank Ltd	Financial	Equity	0.68%
Sagility India Ltd.	Industrials	Equity	0.67%
Hindustan Petroleum Corporation Ltd	Energy & Utilities	Equity	0.64%
Varun Beverages Ltd	Consumer Staples	Equity	0.63%
Tips Industries Ltd	Consumer Discretionary	Equity	0.62%
Bharat Petroleum Corporation Ltd	Energy & Utilities	Equity	0.61%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	0.60%
Swiggy Ltd.	Technology	Equity	0.56%
Fiem Industries Ltd	Consumer Discretionary	Equity	0.52%
Emami Ltd	Consumer Staples	Equity	0.51%
Others CBLO	Unspecified	CBLO	0.47%
Max Financial Services Ltd	Financial	Equity	0.46%
Persistent Systems Ltd	Technology	Equity	0.39%
Pricol Ltd	Consumer Discretionary	Equity	0.36%
Muthoot Finance Ltd	Financial	Equity	0.34%
Suven Pharmaceuticals Ltd	Healthcare	Equity	0.18%
Krsnaa Diagnostics Ltd	Healthcare	Equity	0.16%
TVS Motor Company Ltd - Pref. Shares	Consumer Discretionary	Preference Shares	0.02%
Hindustan Petroleum Corpn. Ltd Futures	Energy & Utilities	Futures	-0.17%
Bharat Petroleum Corpn. Ltd Futures	Energy & Utilities	Futures	-0.26%

See All

Minimum investments

Min. for 1st investment

₹500

Min. for 2nd investment

₹500

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+1.9%	+9.2%	+10.2%	+12.4%
Category average (Equity ELSS)	+2.4%	+16.4%	+16.5%	--
Rank (Equity ELSS)	23	35	30	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Motilal Oswal ELSS Tax Saver Fund Direct Growth	+6.40%	+21.66%	4,861.86
	WhiteOak Capital ELSS Tax Saver Fund Direct Growth	+5.41%	+17.69%	473.58
	SBI ELSS Tax Saver Fund Direct Growth	+1.99%	+16.48%	31,839.34
	HDFC ELSS Tax Saver Fund Direct Plan Growth	-0.21%	+15.00%	15,685.17
	Bandhan ELSS Tax Saver Fund Direct Plan Growth	+4.90%	+11.12%	6,911.29
Compare

Fund management

DR
Deepak Ramaraju
Aug 2022 - Present
View details

Education

Mr. Ramaraju has done B.E.(Chemical Engineering).

Experience

Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology Center as a researcher and co-inventor.

Also manages these schemes

Shriram Flexi Cap Fund Direct Growth

Shriram ELSS Tax Saver Fund Direct Growth

Shriram Balanced Advantage Fund Direct Growth

Shriram Multi Asset Allocation Fund Direct Growth

Shriram Multi Sector Rotation Fund Direct Growth

PN
Prateek Nigudkar
Aug 2025 - Present
View details

Education

Mr. Nigudkar is an MS(Quantitative Finance) from Olin Business School, Washington University.

Experience

Prior to joining Shriram Mutual Fund, he has worked with DSP MF, State Street Global Advisors (Global Beta Solutions Group) and Credit Suisse (Private Banking Global Research Division).

Also manages these schemes

Shriram Aggressive Hybrid Fund Direct Growth

Shriram Flexi Cap Fund Direct Growth

Shriram ELSS Tax Saver Fund Direct Growth

Shriram Balanced Advantage Fund Direct Growth

Shriram Multi Asset Allocation Fund Direct Growth

Shriram Multi Sector Rotation Fund Direct Growth

About Shriram ELSS Tax Saver Fund Direct Growth

Shriram ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 05 Dec 1994. Deepak Ramaraju is the Current Fund Manager of Shriram ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹961 Cr and the Latest NAV as of 31 Jul 2026 is ₹24.04. The Shriram ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The Scheme seeks 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.

Fund benchmarkNIFTY 500 Total Return Index

Scheme Information Document(SID)