Shriram ELSS Tax Saver Fund - Direct (IDCW)
ELSSNAV
20.74(0.05%)Fund Size (CR)
₹47.53Expense Ratio
0.84Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹500Minimum Withdrawal
₹0Exit Load
0%Return Since Launch
12.63%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Deepak Ramaraju
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 3 March 2025 | 10060.68 | 0.61% | - | 1.89% | 209/225 |
| 1 Month | 10 February 2025 | 9202.20 | -7.98% | - | -5.90% | 176/225 |
| 3 Month | 10 December 2024 | 8110.39 | -18.90% | - | -14.91% | 183/221 |
| 6 Month | 10 September 2024 | 7949.80 | -20.50% | - | -14.92% | 207/221 |
| 1 Year | 7 March 2024 | 8997.46 | -10.03% | -10.03% | 1.33% | 213/221 |
| 3 Year | 10 March 2022 | 13602.34 | 36.02% | 10.79% | 15.02% | 199/211 |
| 5 Year | 9 March 2020 | 19672.90 | 96.73% | 14.47% | 20.49% | 197/211 |
| Since Inception | 25 January 2019 | 20725.20 | 107.25% | 12.63% | 14.34% | 168/225 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 April 2024 | 1,20,000 | 101976.55 | -15.02% | -15.02% |
| 3 Year | 1 April 2022 | 3,60,000 | 387637.07 | 7.68% | 2.50% |
| 5 Year | 1 April 2020 | 6,00,000 | 770261.95 | 28.38% | 5.12% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.47%
Standard Deviation
0.96%
Beta
0.28%
Sharpe Ratio
-0.05%
Treynor's Ratio
-2.03%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Bharti Airtel | 4.78% | 13502 | 2.12 | Equity | Telecomm-Service |
| ICICI Bank | 3.51% | 12909 | 1.55 | Equity | Banks |
| M & M | 3.44% | 5900 | 1.53 | Equity | Automobile |
| Bajaj Holdings | 3.13% | 1200 | 1.39 | Equity | Finance |
| Eicher Motors | 3.12% | 2900 | 1.38 | Equity | Automobile |
| Sun Pharma.Inds. | 3.06% | 8522 | 1.36 | Equity | Pharmaceuticals |
| HDFC Bank | 2.97% | 7600 | 1.32 | Equity | Banks |
| Marico | 2.72% | 20100 | 1.21 | Equity | Edible Oil |
| Bajaj Finance | 2.69% | 1400 | 1.19 | Equity | Finance |
| Pidilite Inds. | 2.60% | 4335 | 1.15 | Equity | Chemicals |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Shriram ELSS Tax Saver Fund - Direct (IDCW) | 47.53 | -7.98% | -18.90% | -20.50% | -10.03% | 10.79% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 346.48 | -4.68% | -11.38% | -9.78% | 22.25% | 17.25% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 346.48 | -4.68% | -11.38% | -9.78% | 22.25% | 17.25% | |
| LIC MF ELSS Tax Saver - Direct (G) | 1093.48 | -4.25% | -11.07% | -10.39% | 11.44% | 15.37% | |
| LIC MF ELSS Tax Saver - Direct (IDCW) | 1093.48 | -4.25% | -11.08% | -10.39% | 11.43% | 14.98% | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (G) | 312.12 | -5.21% | -14.43% | -9.32% | 11.05% | - |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
17 December 2018
Total AUM (Cr)
₹44.32
Shriram ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, Shriram Mutual Fund. Launched in 17 December 2018, this fund is managed by Deepak Ramaraju. With assets under management (AUM) worth ₹44.32 (Cr), as of 11 March 2025, Shriram ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 12.63% since its launch.
The current NAV of Shriram ELSS Tax Saver Fund - Direct (IDCW) is ₹20.74, as on 11 March 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Shriram ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 10.79% and 14.47% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.86% in Equity, 3.20% in Debt and 1.94% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.97% in Pharmaceuticals & Biotech, 9.05% in IT-Software, 7.49% in Consumer Durables, 7.38% in Retailing, 5.92% in Finance
FAQs
How to Invest in Shriram ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?
Shriram ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 12.63% since inception. Looking to invest in Shriram ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Shriram ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Shriram ELSS Tax Saver Fund - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Shriram ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!
How much returns has Shriram ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?
What is the expense ratio of Shriram ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?
What is the AUM of Shriram ELSS Tax Saver Fund - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from Shriram ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?
Redeeming or selling units of Shriram ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Shriram ELSS Tax Saver Fund - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Shriram ELSS Tax Saver Fund - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).