Shriram ELSS Tax Saver Fund

Shriram ELSS Tax Saver Fund is an equity fund. This fund was started on 19 January, 2019. The fund is managed by Prateek Nigudkar, Deepak Ramaraju. The fund could potentially beat inflation in the long-run.

1. Shriram ELSS Tax Saver Fund has ₹49 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
2. The fund has an expense ratio 0.8.
   

Shriram ELSS Tax Saver Fund has given a CAGR return of 12.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.69%, 13.23% and 12.69% respectively.

Shriram ELSS Tax Saver Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Energy, Basic Materials, Consumer Defensive, Communication, Utilities, Corporate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, State Bank of India

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 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