Previously Known As : Shriram Long Term Equity Fund
Shriram Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 30
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹22.51(R) -2.22% ₹25.05(D) -2.22%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 19.38% 15.17% 15.02% -% -%
LumpSum (D) 21.35% 17.16% 17.08% -% -%
SIP (R) -39.35% 13.38% 15.71% -% -%
SIP (D) -38.2% 15.44% 17.8% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.48 0.25 0.67 -1.68% 0.07
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.04% -15.93% -10.09% 0.91 9.1%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Shriram ELSS Tax Saver Fund - Regular Growth 22.51
-0.5100
-2.2200%
Shriram ELSS Tax Saver Fund - Regular-IDCW 22.52
-0.5100
-2.2200%
Shriram ELSS Tax Saver Fund - Direct- IDCW 24.88
-0.5600
-2.2200%
Shriram ELSS Tax Saver Fund - Direct Growth 25.05
-0.5700
-2.2200%

Review Date: 20-12-2024

Shriram ELSS Tax Saver Fund has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 30 out of 33 funds in the category. The fund has delivered return of 19.38% in 1 year, 15.17% in 3 years and 15.02% in 5 years. The category average for the same periods is 23.27%, 17.87% and 19.02% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 13.04, VaR of -15.93, Average Drawdown of -3.97, Semi Deviation of 9.1 and Max Drawdown of -10.09. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Shriram ELSS Tax Saver Fund direct growth option would have grown to ₹12135.0 in 1 year, ₹16084.0 in 3 years and ₹22000.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Shriram ELSS Tax Saver Fund direct growth option would have grown to ₹9337.0 in 1 year, ₹45275.0 in 3 years and ₹93577.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 13.04 and based on VaR one can expect to lose more than -15.93% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.48 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.89, Beta of 0.91 and Jensen's Alpha of -1.68% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.37
2.71
-0.34 | 7.00 10 | 40 Very Good
3M Return % -6.65
-5.99
-14.44 | 0.72 26 | 40 Average
6M Return % -1.86
2.52
-12.14 | 14.98 39 | 40 Poor
1Y Return % 19.38
23.27
11.16 | 51.18 28 | 40 Average
3Y Return % 15.17
17.87
9.53 | 29.09 26 | 33 Average
5Y Return % 15.02
19.02
11.89 | 30.16 29 | 33 Poor
1Y SIP Return % -39.35
-33.97
-40.29 | -15.35 34 | 37 Poor
3Y SIP Return % 13.38
17.26
10.68 | 35.25 25 | 32 Poor
5Y SIP Return % 15.71
20.14
12.89 | 30.76 29 | 32 Poor
Standard Deviation 13.04
13.04
10.02 | 16.62 20 | 33 Average
Semi Deviation 9.10
9.14
7.26 | 11.80 19 | 33 Average
Max Drawdown % -10.09
-11.69
-21.18 | -6.28 10 | 33 Good
VaR 1 Y % -15.93
-15.83
-22.63 | -11.90 20 | 33 Average
Average Drawdown % -3.97
-5.26
-7.50 | -3.00 4 | 33 Very Good
Sharpe Ratio 0.48
0.74
0.08 | 1.30 29 | 33 Poor
Sterling Ratio 0.67
0.81
0.26 | 1.37 27 | 33 Average
Sortino Ratio 0.25
0.39
0.07 | 0.73 29 | 33 Poor
Jensen Alpha % -1.68
3.67
-8.11 | 17.38 30 | 33 Poor
Treynor Ratio 0.07
0.46
0.01 | 5.74 30 | 33 Poor
Modigliani Square Measure % 13.90
19.74
7.07 | 47.49 30 | 33 Poor
Alpha % -3.06
-1.14
-28.62 | 9.74 27 | 33 Average
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.51 2.81 -0.25 | 7.10 10 | 41
3M Return % -6.25 -5.77 -14.21 | 0.94 24 | 41
6M Return % -1.03 3.03 -11.68 | 15.66 40 | 41
1Y Return % 21.35 24.61 12.47 | 53.00 27 | 41
3Y Return % 17.16 19.20 10.39 | 30.66 24 | 33
5Y Return % 17.08 20.39 12.83 | 32.24 27 | 33
1Y SIP Return % -38.20 -33.38 -39.54 | -14.23 36 | 39
3Y SIP Return % 15.44 18.65 11.78 | 36.94 23 | 32
5Y SIP Return % 17.80 21.54 13.82 | 32.36 28 | 32
Standard Deviation 13.04 13.04 10.02 | 16.62 20 | 33
Semi Deviation 9.10 9.14 7.26 | 11.80 19 | 33
Max Drawdown % -10.09 -11.69 -21.18 | -6.28 10 | 33
VaR 1 Y % -15.93 -15.83 -22.63 | -11.90 20 | 33
Average Drawdown % -3.97 -5.26 -7.50 | -3.00 4 | 33
Sharpe Ratio 0.48 0.74 0.08 | 1.30 29 | 33
Sterling Ratio 0.67 0.81 0.26 | 1.37 27 | 33
Sortino Ratio 0.25 0.39 0.07 | 0.73 29 | 33
Jensen Alpha % -1.68 3.67 -8.11 | 17.38 30 | 33
Treynor Ratio 0.07 0.46 0.01 | 5.74 30 | 33
Modigliani Square Measure % 13.90 19.74 7.07 | 47.49 30 | 33
Alpha % -3.06 -1.14 -28.62 | 9.74 27 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -2.22 ₹ 9,778.00 -2.22 ₹ 9,778.00
1W -3.03 ₹ 9,697.00 -2.99 ₹ 9,701.00
1M 3.37 ₹ 10,337.00 3.51 ₹ 10,351.00
3M -6.65 ₹ 9,335.00 -6.25 ₹ 9,375.00
6M -1.86 ₹ 9,814.00 -1.03 ₹ 9,897.00
1Y 19.38 ₹ 11,938.00 21.35 ₹ 12,135.00
3Y 15.17 ₹ 15,276.00 17.16 ₹ 16,084.00
5Y 15.02 ₹ 20,134.00 17.08 ₹ 22,000.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -39.35 ₹ 9,249.78 -38.20 ₹ 9,337.04
3Y ₹ 36000 13.38 ₹ 43,954.88 15.44 ₹ 45,275.18
5Y ₹ 60000 15.71 ₹ 88,896.66 17.80 ₹ 93,576.60
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Elss Tax Saver Fund NAV Regular Growth Shriram Elss Tax Saver Fund NAV Direct Growth
20-12-2024 22.5124 25.048
19-12-2024 23.0246 25.6167
18-12-2024 23.0551 25.6494
17-12-2024 23.1543 25.7585
16-12-2024 23.2716 25.8878
13-12-2024 23.2151 25.8213
12-12-2024 23.1701 25.7701
11-12-2024 23.2026 25.805
10-12-2024 23.1337 25.7272
09-12-2024 23.1346 25.727
06-12-2024 23.112 25.6983
05-12-2024 23.0037 25.5767
04-12-2024 22.8159 25.3667
03-12-2024 22.8003 25.3481
02-12-2024 22.7221 25.26
29-11-2024 22.5447 25.0593
28-11-2024 22.2369 24.716
27-11-2024 22.3632 24.8552
26-11-2024 22.346 24.8349
25-11-2024 22.4021 24.8961
22-11-2024 22.0751 24.5293
21-11-2024 21.7783 24.1983

Fund Launch Date: 17/Dec/2018
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: The primary investment objective of the scheme is to generate income and long term capital gains from a diversified portfolio of predominantly equity and equity related securties 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.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: Nifty 500 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.