Shriram Long Term Equity Fund Direct Growth
Shriram Long Term Equity Fund Direct Growth

Shriram Long Term Equity Fund Direct Growth

Compare
Equity
Direct
Elss (Tax Savings)

NAV: ₹ 17.3 as on 30-05-2023

Fund Performance
zero opening, trading, fund transfer fee
17 people have invested ₹ 15.5K in Shriram Long Term Equity Fund Direct Growth in the last three months

Fund Insights

Insights icon

In the last 1 year, Motilal Oswal Long Term Equity Fund Direct Plan Growth has given 23.65% return, outperforming Shriram Long Term Equity Fund Direct Growth by 10.33%

Insights icon

In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 45.11% return, outperforming Shriram Long Term Equity Fund Direct Growth by 24.25% per annum

Insights icon

Shriram Long Term Equity Fund Direct Growth has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.35%

Insights icon

Over the last 6 months, Shriram Long Term Equity Fund Direct Growth has experienced a 10.0% drop in AUM moving from 41.76 Cr to 37.59 Cr

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.

Pros

Hold on while we find any good points for this fund.

Cons

3Y returns in the bottom 25% of the category

About the Fund

Shriram Long Term Equity Fund Direct Growth is an equity fund. This fund was started on 19 January, 2019. The fund is managed by Gargi Banerjee, Deepak Ramaraju. The fund could potentially beat inflation in the long-run.

Key parameters

1) Shriram Long Term Equity Fund Direct Growth has a NAV of 17.3265 as on 30-05-2023.

2) Shriram Long Term Equity Fund Direct Growth has 38 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.

3) The fund has an expense ratio 0.6 %.

Shriram Long Term Equity Fund Direct Growth Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹38 Cr
Inception Date
Inception Date
19 January, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
70%

Fund Distribution as on (30-Apr-23)

  • Equity 89.4%

  • Debt & Cash 10.7%

Size breakup

Large cap
73.2%
Mid cap
12.2%
Small cap
4%

Sector Allocation

Apr'23

Mar'23

Feb'23

Financial Services

40.5%

Tech

13.3%

Energy

10%

Industrial

8.7%

Consumer Cyclical

8.2%

Basic Materials

8%

Consumer Defensive

5.2%

Health

4.7%

Communication

1%

Utilities

0.5%

Top Holdings of Shriram Long Term Equity Fund Direct Growth as on (30-Apr-23)

  • Equity

Equity Holdings37

Shriram Long Term Equity Fund Direct Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-0.30%
-0.30%
-0.76%
Nifty 500
-0.73%
-0.73%
-2.22%
  • This fund’s returns stands at -0.30% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
  • This fund outperformed Nifty 500 by 0.43% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 37.6 Cr
₹ 36.7 Cr
₹ 36.7 Cr
  • AUM of the fund stands at 37.6 Cr as of Apr'23
  • AUM increased by 0.9 Cr between Apr'23 and Mar'23

Fund Portfolio Changes

Gainers & Losers in Shriram Long Term Equity Fund Direct Growth portfolio as on (30-Apr-23)

Shriram Long Term Equity Fund Direct Growth Fund Manager

Gargi Banerjee

Gargi Banerjee

Fund Manager of Shriram Long Term Equity Fund Direct Growth, since 19 January 2019
Deepak Ramaraju

Deepak Ramaraju

Fund Manager of Shriram Long Term Equity Fund Direct Growth, since 20 August 2022

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.38% since inception which is more than its category average return of 13.12%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.35% in Equity, 7.3% in Debt and 3.35% in Cash related instruments
AUM size ₹38 Cr

AUM size ₹38 Cr

This fund has AUM of ₹38 Cr which is less than its category average of ₹ 2655 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Shriram Long Term Equity Fund Direct Growth is ₹17.33 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
Shriram Long Term Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.76%
3.76%
6 Month Returns
-0.5%
-0.5%
1 Year Returns
13.33%
13.33%
3 Years Returns
76.54%
20.86%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.6% as on April 2023
₹38 Cr as on April 2023
ICICI Bank Ltd(9.17%), Reliance Industries Ltd(8.93%), HDFC Bank Ltd(7.3%), Infosys Ltd(5.53%), State Bank of India(5.08%) as on April 2023
Financial Services(36.16%), Tech(11.91%), Energy(8.93%) as on April 2023
The alpha ratio for the Shriram Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Shriram Long Term Equity Fund Direct Growth
0.07
-2.98
-
As on April 2023
The alpha for Shriram Long Term Equity Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Shriram Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Shriram Long Term Equity Fund Direct Growth
0.82
0.84
-
As on April 2023
The Beta for Shriram Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Shriram Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Shriram Long Term Equity Fund Direct Growth
-0.03
1
-
As on April 2023
The sharpe ratio for Shriram Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Shriram Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Shriram Long Term Equity Fund Direct Growth
13.67
13.34
-
As on April 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.96 as on April 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Gargi Banerjee, Deepak Ramaraju are the fund managers of Shriram Long Term Equity Fund Direct Growth
The Exit load of Shriram Long Term Equity Fund Direct Growth is 0%