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Shriram Long Term Equity Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
12.57%
3Y annualised
+1.37% 1D
1M
6M
1Y
3Y
All
NAV: 27 May 2022₹15.25
Min. SIP amount₹500
Rating3
Fund size₹42.56Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.8%12.6%13.5%
Category averageNA54.9%14.2%NA
Rank with in categoryNA1822NA
Understand terms

Holdings (46)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity6.1%
Bharti Airtel Ltd.CommunicationEquity5.7%
ICICI Bank Ltd.FinancialEquity5.4%
HDFC Bank Ltd.FinancialEquity5.0%
ITC Ltd.Consumer StaplesEquity4.4%
Tata Consultancy Services Ltd.TechnologyEquity4.2%
Infosys Ltd.TechnologyEquity3.9%
TTK Prestige Ltd.Consumer DiscretionaryEquity3.8%
Housing Development Finance Corpn. Ltd.FinancialEquity3.2%
Kotak Mahindra Bank Ltd.FinancialEquity3.0%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 0.6%

Cons

Lower AUM: 43Cr. Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.60%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 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

Gargi Bhattacharyya Banerjee
Nov 2019 - Present
View details

Fund house & investment objective

Fund house contact details

Address
CK 6,2nd Floor Sector IISalt Lake Kolkata 700091
Phone
033-23373012 / 9339787128
Launch Date
05 Dec 1994
Website
NA
Amc Image
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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FAQs

How to Invest in Shriram Long Term Equity Fund Direct Growth?

You can easily invest in Shriram Long Term Equity 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 Long Term Equity 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 Long Term Equity Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Shriram Long Term Equity Fund Direct Growth provide?

The Shriram Long Term Equity Fund Direct Growth has been there from 25 Jan 2019 and the average annual returns provided by this fund is 7.77% since its inception.

How much expense ratio is charged by Shriram Long Term Equity Fund Direct Growth?

The term Expense Ratio used for Shriram Long Term Equity 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 Long Term Equity Fund Direct Growth is 0.60% as of 28 May 2022...

What is the AUM of Shriram Long Term Equity Fund Direct Growth?

The AUM, short for Assets Under Management of Shriram Long Term Equity Fund Direct Growth is ₹42.56Cr as of 28 May 2022.

How to Redeem Shriram Long Term Equity Fund Direct Growth?

If you want to sell your Shriram Long Term Equity 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 Long Term Equity Fund Direct Growth?

You can select either SIP or Lumpsum investment of Shriram Long Term Equity Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Shriram Long Term Equity Fund Direct Growth?

The NAV of Shriram Long Term Equity Fund Direct Growth is ₹15.25 as of 27 May 2022.

What is the PE and PB ratio of Shriram Long Term Equity Fund Direct Growth?

The PE ratio ratio of Shriram Long Term Equity 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).

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