Shriram ELSS Tax Saver Fund Direct Growth
Get the latest NAV of Shriram ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹23.42
1D
NAV as on 08 Sep 2026
11.79%/per year
Since Inception
▲▼
26 people have invested ₹ 27K in Shriram ELSS Tax Saver Fund in the last three months
Shriram ELSS Tax Saver Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (08-Sep-26)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Shriram ELSS Tax Saver Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Shriram ELSS Tax Saver Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
Shriram ELSS Tax Saver Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Financial Services
30%
Industrial
13%
Consumer Cyclical
12%
Financial Services
30%
Industrial
13%
Consumer Cyclical
12%
Shriram ELSS Tax Saver Fund Holdings Details
as on (31-Aug-26)
Shriram ELSS Tax Saver Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.99% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹48 Cr |
| Inception Date | 19 January, 2019 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 172.4% |
| Risk |   Very High Risk |
About Shriram ELSS Tax Saver Fund
Shriram ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 19 January, 2019. The fund is managed by Hitesh Savanth, Prateek Nigudkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Shriram ELSS Tax Saver Fund has ₹48 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 1.
Returns
Shriram ELSS Tax Saver Fund has given a CAGR return of 11.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.84%, 7.19% and 7.46% respectively.
Holdings
Shriram ELSS Tax Saver Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Energy, Consumer Defensive, Communication, Basic Materials, Utilities, Corporate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, State Bank of India, Bharti Airtel Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Shriram ELSS Tax Saver Fund
The primary investment objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Shriram ELSS Tax Saver Fund of 3 Years
Fund Manager
Hitesh Savanth
Fund Manager of Shriram ELSS Tax Saver Fund, since 15 June 2026
Prateek Nigudkar
Fund Manager of Shriram ELSS Tax Saver Fund, since 7 August 2025
- AUM of the fund stands at 47 Cr as of Jul'26
- AUM has remained same between Jul'26 and Jun'26
Compare Shriram ELSS Tax Saver Fund
Shriram ELSS Tax Saver Fund
VS
SBI ELSS Tax Saver Fund
Frequently Asked Questions for Shriram ELSS Tax Saver Fund Direct Growth
How do I invest in Shriram ELSS Tax Saver Fund?
- Download the INDmoney app.
- Search for ‘Shriram ELSS Tax Saver Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.