Shriram ELSS Tax Saver Fund - Direct (IDCW)
ELSSNAV
22.87(0.12%)Fund Size (CR)
₹47.89Expense Ratio
0.81Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹500Minimum Withdrawal
₹0Exit Load
0%Return Since Launch
14.14%
- 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 | 15 April 2025 | 10347.74 | 3.48% | - | 3.75% | 148/221 |
| 1 Month | 21 March 2025 | 10416.45 | 4.16% | - | 3.89% | 74/221 |
| 3 Month | 22 January 2025 | 10119.71 | 1.20% | - | 1.74% | 137/217 |
| 6 Month | 22 October 2024 | 9015.54 | -9.84% | - | -4.56% | 205/217 |
| 1 Year | 22 April 2024 | 9986.71 | -0.13% | -0.13% | 8.46% | 205/217 |
| 3 Year | 22 April 2022 | 14369.58 | 43.70% | 12.83% | 16.50% | 190/207 |
| 5 Year | 22 April 2020 | 23882.64 | 138.83% | 19.01% | 26.36% | 197/207 |
| Since Inception | 25 January 2019 | 22841.60 | 128.42% | 14.14% | 15.43% | 150/221 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 May 2024 | 1,20,000 | 112893.55 | -5.92% | -5.92% |
| 3 Year | 2 May 2022 | 3,60,000 | 423821.48 | 17.73% | 5.59% |
| 5 Year | 4 May 2020 | 6,00,000 | 834253.25 | 39.04% | 6.81% |
| 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
4.59%
Standard Deviation
0.97%
Beta
0.38%
Sharpe Ratio
-0.02%
Treynor's Ratio
-1.77%
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 |
|---|---|---|---|---|---|
| ICICI Bank | 5.21% | 18509 | 2.50 | Equity | Banks |
| HDFC Bank | 4.28% | 11200 | 2.05 | Equity | Banks |
| Eicher Motors | 3.80% | 3400 | 1.82 | Equity | Automobile |
| Bajaj Holdings | 3.65% | 1400 | 1.75 | Equity | Finance |
| Interglobe Aviat | 3.63% | 3400 | 1.74 | Equity | Air Transport Service |
| Sun Pharma.Inds. | 3.59% | 9922 | 1.72 | Equity | Pharmaceuticals |
| Bajaj Finance | 3.55% | 1900 | 1.70 | Equity | Finance |
| Bharti Airtel | 3.55% | 9802 | 1.70 | Equity | Telecomm-Service |
| Kotak Mah. Bank | 3.17% | 7000 | 1.52 | Equity | Banks |
| Federal Bank | 2.87% | 71400 | 1.38 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Shriram ELSS Tax Saver Fund - Direct (IDCW) | 47.89 | 4.16% | 1.20% | -9.84% | -0.13% | 12.83% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 342.25 | 8.57% | 6.00% | 6.56% | 33.49% | 21.14% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 342.25 | 8.57% | 6.00% | 6.56% | 33.49% | 21.14% | |
| DSP ELSS Tax Saver Fund - Direct (G) | 16217.91 | 4.25% | 5.56% | -0.55% | 18.27% | 20.37% | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (G) | 341.11 | 3.73% | 3.31% | -0.05% | 18.24% | - | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (IDCW) | 341.11 | 3.73% | 3.31% | -0.05% | 18.24% | - |
List of Schemes under Shriram Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| Shriram Multi Sector Rotation Fund | Equity | Very High | 0% | 0 | ₹190.35 |
| Shriram ELSS Tax Saver Fund | Equity | Very High | -0.63% | 2 | ₹47.89 |
| Shriram Overnight Fund | Debt | Low | 6.46% | 2 | ₹293.90 |
| Shriram Liquid Fund | Debt | Moderately Low | 0% | 0 | ₹160.83 |
| SHRIRAM Aggressive Hybrid Fund | Hybrid | Very High | 3.17% | 2 | ₹46.13 |
| Shriram Balanced Advantage Fund | Hybrid | Very High | -0.23% | 2 | ₹60.11 |
| Shriram Multi Asset Allocation Fund | Hybrid | Very High | 0.41% | 0 | ₹144.76 |
| Shriram Flexi Cap Fund | Equity | Very High | -2.17% | 2 | ₹132.67 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
17 December 2018
Total AUM (Cr)
₹47.89
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 ₹47.89 (Cr), as of 23 April 2025, Shriram ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 14.14% since its launch.
The current NAV of Shriram ELSS Tax Saver Fund - Direct (IDCW) is ₹22.87, as on 23 April 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 12.83% and 19.01% 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 98.02% in Equity, 0.31% in Debt and 1.67% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.35% in Banks, 14.61% in Finance, 9.94% in Pharmaceuticals & Biotech, 7.11% in Automobiles, 4.15% in Healthcare Services
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 14.14% 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 on Mutual Funds, Delivery & IPO.
- 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the 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).