Previously Known As : Shriram Long Term Equity Fund
Shriram Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 31
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹21.8(R) +0.48% ₹24.22(D) +0.48%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 20.86% 10.69% 14.6% -% -%
LumpSum (D) 22.84% 12.61% 16.66% -% -%
SIP (R) -11.32% 15.14% 15.89% -% -%
SIP (D) -9.74% 17.14% 17.94% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.36 0.19 0.51 -2.04% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.41% -16.34% -13.43% 0.92 9.38%
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
JM ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Quantum ELSS Tax Saver Fund 7

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Shriram ELSS Tax Saver Fund - Regular Growth 21.8
0.1000
0.4800%
Shriram ELSS Tax Saver Fund - Regular-IDCW 21.81
0.1000
0.4800%
Shriram ELSS Tax Saver Fund - Direct- IDCW 24.06
0.1200
0.4800%
Shriram ELSS Tax Saver Fund - Direct Growth 24.22
0.1200
0.4800%

Review Date: 19-11-2024

Shriram ELSS Tax Saver Fund has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 31 out of 33 funds in the category. The fund has delivered return of 20.86% in 1 year, 10.69% in 3 years and 14.6% in 5 years. The category average for the same periods is 27.66%, 14.46% and 18.84% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 13.41, VaR of -16.34, Average Drawdown of -5.44, Semi Deviation of 9.38 and Max Drawdown of -13.43. The category average for the same parameters is 13.45, -16.4, -5.62, 9.47 and -13.17 respectively. The fund has low 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 ₹12284.0 in 1 year, ₹14281.0 in 3 years and ₹21606.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Shriram ELSS Tax Saver Fund direct growth option would have grown to ₹11355.0 in 1 year, ₹46392.0 in 3 years and ₹93925.0 in 5 years as of today (19-11-2024).
  3. standard deviation of 13.41 and based on VaR one can expect to lose more than -16.34% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.36 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.9, Beta of 0.92 and Jensen's Alpha of -2.04% 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 % -7.19
-4.88
-8.18 | -2.86 39 | 40 Poor
3M Return % -7.45
-3.46
-10.24 | 2.63 38 | 40 Poor
6M Return % -1.56
5.95
-6.08 | 14.48 39 | 40 Poor
1Y Return % 20.86
27.66
11.63 | 49.45 34 | 40 Poor
3Y Return % 10.69
14.46
5.98 | 23.19 29 | 33 Poor
5Y Return % 14.60
18.84
12.21 | 30.15 30 | 33 Poor
1Y SIP Return % -11.32
-2.48
-13.94 | 17.22 37 | 40 Poor
3Y SIP Return % 15.14
19.89
13.77 | 34.40 26 | 33 Average
5Y SIP Return % 15.89
21.03
14.00 | 29.34 31 | 33 Poor
Standard Deviation 13.41
13.45
10.30 | 16.37 17 | 33 Good
Semi Deviation 9.38
9.47
7.45 | 11.71 16 | 33 Good
Max Drawdown % -13.43
-13.17
-23.33 | -6.86 21 | 33 Average
VaR 1 Y % -16.34
-16.40
-22.63 | -13.07 18 | 33 Good
Average Drawdown % -5.44
-5.62
-8.50 | -2.91 12 | 33 Good
Sharpe Ratio 0.36
0.61
0.02 | 1.15 29 | 33 Poor
Sterling Ratio 0.51
0.69
0.22 | 1.27 28 | 33 Poor
Sortino Ratio 0.19
0.32
0.04 | 0.64 29 | 33 Poor
Jensen Alpha % -2.04
3.28
-7.21 | 15.06 30 | 33 Poor
Treynor Ratio 0.05
0.27
0.00 | 2.98 30 | 33 Poor
Modigliani Square Measure % 12.31
17.82
6.35 | 41.13 30 | 33 Poor
Alpha % -3.28
-1.22
-29.01 | 9.12 29 | 33 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -7.07 -4.81 -8.10 | -2.73 40 | 41
3M Return % -7.05 -3.23 -10.00 | 2.85 39 | 41
6M Return % -0.75 6.49 -5.60 | 15.16 40 | 41
1Y Return % 22.84 29.05 13.20 | 51.25 33 | 41
3Y Return % 12.61 15.75 6.82 | 24.69 28 | 33
5Y Return % 16.66 20.20 13.16 | 32.24 29 | 33
1Y SIP Return % -9.74 -1.39 -12.99 | 18.72 38 | 41
3Y SIP Return % 17.14 21.24 14.44 | 36.02 26 | 33
5Y SIP Return % 17.94 22.43 14.92 | 30.91 30 | 33
Standard Deviation 13.41 13.45 10.30 | 16.37 17 | 33
Semi Deviation 9.38 9.47 7.45 | 11.71 16 | 33
Max Drawdown % -13.43 -13.17 -23.33 | -6.86 21 | 33
VaR 1 Y % -16.34 -16.40 -22.63 | -13.07 18 | 33
Average Drawdown % -5.44 -5.62 -8.50 | -2.91 12 | 33
Sharpe Ratio 0.36 0.61 0.02 | 1.15 29 | 33
Sterling Ratio 0.51 0.69 0.22 | 1.27 28 | 33
Sortino Ratio 0.19 0.32 0.04 | 0.64 29 | 33
Jensen Alpha % -2.04 3.28 -7.21 | 15.06 30 | 33
Treynor Ratio 0.05 0.27 0.00 | 2.98 30 | 33
Modigliani Square Measure % 12.31 17.82 6.35 | 41.13 30 | 33
Alpha % -3.28 -1.22 -29.01 | 9.12 29 | 33
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.48 ₹ 10,048.00 0.48 ₹ 10,048.00
1W -1.14 ₹ 9,886.00 -1.11 ₹ 9,889.00
1M -7.19 ₹ 9,281.00 -7.07 ₹ 9,293.00
3M -7.45 ₹ 9,255.00 -7.05 ₹ 9,295.00
6M -1.56 ₹ 9,844.00 -0.75 ₹ 9,925.00
1Y 20.86 ₹ 12,086.00 22.84 ₹ 12,284.00
3Y 10.69 ₹ 13,562.00 12.61 ₹ 14,281.00
5Y 14.60 ₹ 19,770.00 16.66 ₹ 21,606.00
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 -11.32 ₹ 11,248.76 -9.74 ₹ 11,354.99
3Y ₹ 36000 15.14 ₹ 45,085.61 17.14 ₹ 46,392.19
5Y ₹ 60000 15.89 ₹ 89,309.40 17.94 ₹ 93,924.84
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Elss Tax Saver Fund NAV Regular Growth Shriram Elss Tax Saver Fund NAV Direct Growth
19-11-2024 21.8013 24.2216
18-11-2024 21.6977 24.1054
14-11-2024 21.7944 24.2083
13-11-2024 21.6786 24.0787
12-11-2024 22.0528 24.4932
11-11-2024 22.3305 24.8004
08-11-2024 22.4235 24.9002
07-11-2024 22.5334 25.0211
06-11-2024 22.8235 25.342
05-11-2024 22.481 24.9606
04-11-2024 22.462 24.9384
31-10-2024 22.5168 24.9949
30-10-2024 22.5534 25.0343
29-10-2024 22.7321 25.2315
28-10-2024 22.6935 25.1875
25-10-2024 22.6217 25.1042
24-10-2024 22.963 25.4817
23-10-2024 23.0588 25.5868
22-10-2024 22.9857 25.5045
21-10-2024 23.4914 26.0644

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.