Overview
Shriram ELSS Tax Saver Fund Direct Growth
Shriram Mutual Fund
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.
Investments in Shriram ELSS Tax Saver Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 22.9145
Fund Size (AUM)
₹47.89 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
25-Jan-2019
Expense Ratio
0.84%
Exit Load
Nil
Benchmark
NIFTY 500 Total Return Index
Standard Deviation
15.91
History
Performance & Ratios
1-Year SIP Return
-14.83%
3-Year SIP Return
10.03%
5-Year SIP Return
12.72%
Mean Return
-
Alpha
-1.54
Beta
0.97
Sharpe Ratio
0.38
Sortino Ratio
0.52
Information Ratio
-0.26
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 0.71% | 12.42% | 19.29% | 17.26% |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 36 | 32 | 32 | N/A |
Holdings (64)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.21% |
| HDFC Bank Ltd. | Financial | Equity | 4.28% |
| Eicher Motors Ltd. | Automobile | Equity | 3.8% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 3.65% |
| Interglobe Aviation Ltd. | Services | Equity | 3.63% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.59% |
| Bharti Airtel Ltd. | Communication | Equity | 3.55% |
| Bajaj Finance Ltd. | Financial | Equity | 3.55% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.17% |
| The Federal Bank Ltd. | Financial | Equity | 2.87% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | 27730.33 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | 3816.77 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | 15555.71 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | 4905.72 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | 209.18 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 500
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 500
Min Installments: 12
AMC Details
Asset Management Company
Shriram Mutual Fund
Shriram Mutual Fund started their mutual fund on 05/12/1994 and its managing total assets of Rs.43 Cr. Its ranked at 40 as per total assets at end of 30th Sep 2016. Shriram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
1994-12-05T00:00:00.008Z
Total AUM
₹ 895.72 Cr
Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
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.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Shriram ELSS Tax Saver Fund Direct Growth
Shriram Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Shriram ELSS Tax Saver Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Shriram ELSS Tax Saver Fund Direct Growth?
The top stocks held by Shriram ELSS Tax Saver Fund Direct Growth include ICICI Bank Ltd., HDFC Bank Ltd., Eicher Motors Ltd..
Which industries does Shriram ELSS Tax Saver Fund Direct Growth invest in?
Shriram ELSS Tax Saver Fund Direct Growth primarily invests in the following industries: Financial, Automobile, Services.
Who are the fund managers of Shriram ELSS Tax Saver Fund Direct Growth?
The fund managers of Shriram ELSS Tax Saver Fund Direct Growth are Gargi Bhattacharyya Banerjee and Deepak Ramaraju and Sudip Suresh More.
How many years has the fund manager been managing Shriram ELSS Tax Saver Fund Direct Growth?
Gargi Bhattacharyya Banerjee:
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Deepak Ramaraju:
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Sudip Suresh More:
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What is the minimum investment for Shriram ELSS Tax Saver Fund Direct Growth?
The minimum investment for Shriram ELSS Tax Saver Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Shriram ELSS Tax Saver Fund Direct Growth?
Calculating...
What are the average 3-year returns for Shriram ELSS Tax Saver Fund Direct Growth?
Calculating...
What is the expense ratio of Shriram ELSS Tax Saver Fund Direct Growth, and how does it compare to its category?
The expense ratio of Shriram ELSS Tax Saver Fund Direct Growth is 0.84%. The average expense ratio for similar funds in the Equity is Calculating....