Shriram ELSS Tax Saver Fund Direct Growth

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.

₹23.34

NAV as on 14 Aug 2025

13.77%/per year

Since Inception

Absolute Gain%

58 people have invested ₹ 60.5K in Shriram ELSS Tax Saver Fund Direct Growth 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 (14-Aug-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-2.27%
2.52%
7.8%
-8.62%
12.2%
15.6%
Nifty 500
-3.28%
-0.48%
9.92%
0.03%
14.42%
19.74%
Elss (Tax Savings) Avg
-2.2%
1.84%
10%
0.87%
16.56%
20.95%
Best in Elss (Tax Savings)
-0.35%
4.91%
15.69%
9.91%
25.55%
28.86%
Worst in Elss (Tax Savings)
-5.14%
-0.79%
4.75%
-8.62%
12.2%
15.05%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Shriram ELSS Tax Saver Fund
-
49Cr
0.83%
-8.62%
12.2%
-2.89
1.00
0.49
0.69
-0.52
Parag Parikh ELSS Tax Saver Fund Direct Growth
1/23
5,538Cr
0.62%
8.78%
19.88%
6.40
0.66
1.36
2.55
0.64
HDFC ELSS TaxSaver Fund Direct Growth
2/23
16,579Cr
1.07%
6.4%
22.15%
6.93
0.84
1.35
2.59
1.88
SBI ELSS Tax Saver Fund Direct Growth
3/23
30,271Cr
0.95%
0.17%
24.48%
8.20
0.95
1.33
2.51
2.38
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 5Y returns in the bottom 25% of the category
5Y returns in the bottom 25% of the category
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

Shriram ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit


Total Corpus

0

Absolute Return

Shriram ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 97.9%

Debt & Cash 2.1%

Large cap
56.1%

Mid cap
23.7%

Small cap
18%

Large Cap allocation has gone up from 53.9% to 56.1%
Large Cap allocation has gone up from 53.9% to 56.1%
Small Cap allocation has gone down from 21.8% to 18%
Small Cap allocation has gone down from 21.8% to 18%
Mid Cap allocation has gone up from 21.8% to 23.7%
Mid Cap allocation has gone up from 21.8% to 23.7%
Cash allocation has gone down from 2.5% to 2.1%
Cash allocation has gone down from 2.5% to 2.1%

Shriram ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 97.9%

Debt & Cash 2.1%

Health
27.7%
Tech
15.8%
Financial Services
15.6%
Consumer Cyclical
13.7%
Industrial
13.6%
Communication
6.4%
Consumer Defensive
4.8%
Basic Materials
2.5%

Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical

Jul'25

Financial Services

32%

Industrial

12%

Consumer Cyclical

11%

Jun'25

Financial Services

33%

Industrial

12%

Consumer Cyclical

10%

Shriram ELSS Tax Saver Fund Holdings Details

as on (31-Jul-25)

Equity

Top Stocks bought last month
Gabriel India Ltd's allocation increased from 1.09% to 1.67%
Gabriel India Ltd's allocation increased from 1.09% to 1.67%
Krishna Institute of Medical Sciences Ltd's allocation increased from 0.66% to 1.02%
Krishna Institute of Medical Sciences Ltd's allocation increased from 0.66% to 1.02%
Coromandel International Ltd's allocation increased from 2.96% to 3.28%
Coromandel International Ltd's allocation increased from 2.96% to 3.28%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 5.31 % to 5.21 %
Bharti Airtel Ltd's allocation decreased from 5.31 % to 5.21 %
Reliance Industries Ltd's allocation decreased from 2.99 % to 2.85 %
Reliance Industries Ltd's allocation decreased from 2.99 % to 2.85 %
SBI Cards and Payment Services Ltd Ordinary Shares's allocation decreased from 2.69 % to 2.35 %
SBI Cards and Payment Services Ltd Ordinary Shares's allocation decreased from 2.69 % to 2.35 %

Shriram ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.83%
Benchmark
Nifty 500 TR INR
AUM₹49 Cr
Inception Date19 January, 2019
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
495.19%
Risk
Risk meter
pointer
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 Prateek Nigudkar, Sudip More, Deepak Ramaraju. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Shriram ELSS Tax Saver Fund Direct Growth has ₹49 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Shriram ELSS Tax Saver Fund Direct Growth has given a CAGR return of 13.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -8.62%, 12.20% and 15.60% respectively.

Holdings

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

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 Direct Growth of 3 Years

Fund Manager

Prateek Nigudkar

Fund Manager of Shriram ELSS Tax Saver Fund Direct Growth, since 7 August 2025

Sudip More

Fund Manager of Shriram ELSS Tax Saver Fund Direct Growth, since 3 October 2024

Deepak Ramaraju

Fund Manager of Shriram ELSS Tax Saver Fund Direct Growth, since 20 August 2022

Learn more about Shriram Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 49.2 Cr
₹ 50.7 Cr
₹ 48.8 Cr
  • AUM of the fund stands at 49.2 Cr as of Jul'25
  • AUM decreased by 1.5 Cr between Jul'25 and Jun'25

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Frequently Asked Questions for Shriram ELSS Tax Saver Fund Direct Growth

How do I invest in Shriram ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Shriram ELSS Tax Saver Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of Shriram ELSS Tax Saver Fund?

The NAV of the fund today is ₹23.34. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Shriram ELSS Tax Saver Fund fund has generated a return of -8.62% in 1 year, 12.20% in 3 years, 15.60% in 5 years.

Who is the fund manager of Shriram ELSS Tax Saver Fund?

The fund managers are Prateek Nigudkar, Sudip More, Deepak Ramaraju.

What is the expense ratio of the fund?

The expense ratio is 0.83%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹49 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Shriram ELSS Tax Saver Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(8.07%), ICICI Bank Ltd(5.54%), Bharti Airtel Ltd(5.21%)