Shriram ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
10.81%
3Y annualised
-3.72% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Jan 2025₹23.23
Min. SIP amount₹500
Rating2
Fund size₹57.19Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.8%10.8%15.2%15.2%
Category average11.2%12.5%17.6%NA
Rank with in category332931NA
Understand terms

Peer Comparison

Holdings (51)

NameSectorInstrumentAssets
HealthcareEquity3.30%
ServicesEquity3.15%
CommunicationEquity2.98%
AutomobileEquity2.74%
HealthcareEquity2.57%
HealthcareEquity2.48%
FinancialEquity2.36%
HealthcareEquity2.34%
HealthcareEquity2.31%
TechnologyEquity2.31%
Capital GoodsEquity2.24%
ServicesEquity2.24%
HealthcareEquity2.20%
HealthcareEquity2.17%
ServicesEquity2.16%
Capital GoodsEquity2.12%
ServicesEquity2.08%
ServicesEquity2.04%
Consumer DiscretionaryEquity2.03%
Capital GoodsEquity1.96%
FinancialEquity1.96%
Consumer DiscretionaryEquity1.95%
ConstructionEquity1.91%
HealthcareEquity1.85%
ConstructionEquity1.85%
FinancialEquity1.82%
HealthcareEquity1.82%
Metals & MiningEquity1.79%
HealthcareEquity1.79%
AutomobileEquity1.78%
AutomobileEquity1.77%
HealthcareEquity1.76%
HealthcareEquity1.75%
TechnologyEquity1.75%
Consumer DiscretionaryEquity1.73%
HealthcareEquity1.70%
FinancialEquity1.68%
TechnologyEquity1.63%
HealthcareEquity1.55%
HealthcareEquity1.46%
Capital GoodsEquity1.43%
ChemicalsEquity1.42%
HealthcareEquity1.36%
Consumer StaplesEquity1.28%
TechnologyEquity1.27%
Capital GoodsEquity1.09%
FinancialEquity1.04%
FinancialEquity0.75%
Consumer StaplesEquity0.72%
ChemicalsEquity0.25%
HDFC Bank Ltd.
FinancialEq. Der.0.07%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 0.84%
Higher alpha: 1.49 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.84%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sudip Suresh More
Oct 2024 - Present
View details

Education
Mr. More has done B.E. (EXTC), MMS (Finance) and FRM
Experience
Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Launch Date
05 Dec 1994
E-mail
NA
Website
Shriram Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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