August 22, 2026
mayank
Shriram ELSS Tax Saver Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 23.99 |
| NAV IDCW (Rs.) | 23.80 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 24 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 48 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.66% |
| 1 Year Return (%) | 0.95 |
| 3 Year Return (%) | 9.45 |
| 5 Year Return (%) | 9.36 |
| 10 Year Return (%) | — |
| Return Since Launch | 12.25% |
Suitable For Which Investors?
ELSS funds are suitable for investors:
1. Seeking tax savings u/s 80C through a diversified equity portfolio
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• The fund has a lock-in-period of 3 years
Fund’s Investment Strategy:
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 Manager:
1) Deepak Ramaraju
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.
2) Prateek Nigudkar
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).
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 24 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of Shriram ELSS Tax Saver Fund
| Fund House | Shriram Mutual Fund |
| Launch Date | 25-Jan-19 |
| Return Since Launch | 12.25% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 48 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.66% |
| (As on 31-Jul-2026) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 76.80% |
Shriram ELSS Tax Saver Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram ELSS Tax Saver Dir | -1.50 | 0.56 | 0.94 | 5.22 | 0.47 | 0.95 | 9.45 | 9.36 | 12.97 | — |
| BSE 500 TRI | -1.00 | 0.63 | 1.01 | 4.81 | 0.98 | 2.29 | 12.63 | 11.98 | 15.95 | — |
| Equity: ELSS | 0.63 | 0.59 | 1.58 | 6.02 | 2.51 | 2.72 | 13.86 | 12.89 | 16.69 | — |
| Rank within category | 27 | 25 | 29 | 27 | 26 | 25 | 35 | 32 | 31 | — |
| Number of funds in category | 40 | 40 | 40 | 40 | 40 | 40 | 38 | 33 | 32 | 28 |
Peer Comparison of Shriram ELSS Tax Saver Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Shriram ELSS Tax Saver Dir | 1 out of 5 stars | 0.95 | 9.45 | 9.36 | 0.66 | 48 | 12.25 | — | 7Y 6M | 76.80 |
| SBI ELSS Tax Saver Dir | 5 out of 5 stars | -0.03 | 16.40 | 16.77 | 0.83 | 32,300 | 15.28 | — | 13Y 7M | 52.00 |
| DSP ELSS Tax Saver Dir | 4 out of 5 stars | 1.89 | 15.50 | 13.73 | 0.65 | 16,738 | 16.64 | — | 13Y 7M | 39.00 |
| HDFC ELSS Tax Saver Dir | 5 out of 5 stars | -1.83 | 15.39 | 16.27 | 0.96 | 16,095 | 14.23 | — | 13Y 7M | 21.31 |
| Nippon India ELSS Tax Saver Dir | 4 out of 5 stars | 2.03 | 14.45 | 13.74 | 0.87 | 14,910 | 13.83 | — | 13Y 7M | 17.00 |
Shriram ELSS Tax Saver Fund Portfolio Analysis
| No. of Stocks | 70 |
| Top 10 Stocks | 38.26% |
| Top 5 Stocks | 25.23% |
| Top 3 Sectors | 7.52% |
| Portfolio P/B Ratio | 3.22 |
| Portfolio P/E Ratio | 20.84 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,75,511 | 1,95,903 |
| Large (%) | 66.30 | 62.38 |
| Mid (%) | 9.58 | 17.97 |
| Small (%) | 24.12 | 20.66 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://shrifunds.shriramamc.in/login
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