Previously Known As : Shriram Long Term Equity Fund
Shriram Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 34
Rating
Growth Option 21-02-2025
NAV ₹19.35(R) -1.27% ₹21.59(D) -1.27%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -7.2% 8.89% 11.12% -% -%
Direct -5.68% 10.76% 13.1% -% -%
Nifty 500 TRI 3.79% 13.47% 16.97% 13.57% 12.47%
SIP (XIRR) Regular -22.44% 6.55% 10.25% -% -%
Direct -21.09% 8.44% 12.25% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.11 0.08 0.32 -4.81% 0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.3% -22.11% -17.11% 0.98 11.48%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
Quantum ELSS Tax Saver Fund 4
Motilal Oswal ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Hsbc Tax Saver Equity Fund 7

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Shriram ELSS Tax Saver Fund - Regular Growth 19.35
-0.2500
-1.2700%
Shriram ELSS Tax Saver Fund - Regular-IDCW 19.35
-0.2500
-1.2700%
Shriram ELSS Tax Saver Fund - Direct- IDCW 21.44
-0.2800
-1.2700%
Shriram ELSS Tax Saver Fund - Direct Growth 21.59
-0.2800
-1.2700%

Review Date: 21-02-2025

Shriram ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 34 out of 34 funds in the category. The fund has delivered return of -7.2% in 1 year, 8.89% in 3 years and 11.12% in 5 years. The category average for the same periods is 4.64%, 13.72% and 16.28% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 15.3, VaR of -22.11, Average Drawdown of -6.08, Semi Deviation of 11.48 and Max Drawdown of -17.11. The category average for the same parameters is 13.79, -17.81, -6.26, 9.74 and -12.57 respectively. The fund has high 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 ₹9432.0 in 1 year, ₹13588.0 in 3 years and ₹18503.0 in 5 years as of today (21-02-2025).
  2. An SIP of ₹1,000 per month in Shriram ELSS Tax Saver Fund direct growth option would have grown to ₹10573.0 in 1 year, ₹40904.0 in 3 years and ₹81662.0 in 5 years as of today (21-02-2025).
  3. standard deviation of 15.3 and based on VaR one can expect to lose more than -22.11% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.11 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.8, Beta of 0.98 and Jensen's Alpha of -4.81% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.80 -3.35
-4.09
-12.09 | -0.28 35 | 40 Poor
3M Return % -11.16 -5.00
-6.47
-16.77 | -1.50 37 | 40 Poor
6M Return % -18.39 -11.16
-11.03
-23.49 | -3.08 37 | 40 Poor
1Y Return % -7.20 3.79
4.64
-13.86 | 12.03 38 | 40 Poor
3Y Return % 8.89 13.47
13.72
8.57 | 22.86 33 | 34 Poor
5Y Return % 11.12 16.97
16.28
9.90 | 27.12 31 | 33 Poor
1Y SIP Return % -22.44
-9.18
-31.05 | 3.15 37 | 40 Poor
3Y SIP Return % 6.55
13.91
6.55 | 23.57 34 | 34 Poor
5Y SIP Return % 10.25
16.98
10.25 | 24.48 33 | 33 Poor
Standard Deviation 15.30
13.79
10.24 | 17.52 30 | 34 Poor
Semi Deviation 11.48
9.74
7.37 | 13.23 32 | 34 Poor
Max Drawdown % -17.11
-12.57
-17.92 | -7.74 31 | 34 Poor
VaR 1 Y % -22.11
-17.81
-22.63 | -14.28 33 | 34 Poor
Average Drawdown % -6.08
-6.26
-9.03 | -3.19 15 | 34 Good
Sharpe Ratio 0.11
0.47
0.09 | 1.01 33 | 34 Poor
Sterling Ratio 0.32
0.62
0.30 | 1.10 33 | 34 Poor
Sortino Ratio 0.08
0.25
0.07 | 0.54 33 | 34 Poor
Jensen Alpha % -4.81
0.83
-5.55 | 8.57 33 | 34 Poor
Treynor Ratio 0.02
0.07
0.01 | 0.15 33 | 34 Poor
Modigliani Square Measure % 7.99
14.02
7.54 | 22.64 33 | 34 Poor
Alpha % -5.08
-0.06
-5.43 | 8.48 33 | 34 Poor
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.68 -3.35 -4.00 -12.02 | -0.18 36 | 41
3M Return % -10.80 -5.00 -6.19 -16.52 | -1.23 38 | 41
6M Return % -17.70 -11.16 -10.56 -22.98 | -2.54 38 | 41
1Y Return % -5.68 3.79 5.77 -12.66 | 13.23 39 | 41
3Y Return % 10.76 13.47 14.97 9.42 | 23.69 33 | 34
5Y Return % 13.10 16.97 17.61 10.81 | 29.13 31 | 33
1Y SIP Return % -21.09 -8.16 -30.05 | 4.31 38 | 41
3Y SIP Return % 8.44 15.19 8.44 | 24.43 34 | 34
5Y SIP Return % 12.25 18.35 11.88 | 25.32 32 | 33
Standard Deviation 15.30 13.79 10.24 | 17.52 30 | 34
Semi Deviation 11.48 9.74 7.37 | 13.23 32 | 34
Max Drawdown % -17.11 -12.57 -17.92 | -7.74 31 | 34
VaR 1 Y % -22.11 -17.81 -22.63 | -14.28 33 | 34
Average Drawdown % -6.08 -6.26 -9.03 | -3.19 15 | 34
Sharpe Ratio 0.11 0.47 0.09 | 1.01 33 | 34
Sterling Ratio 0.32 0.62 0.30 | 1.10 33 | 34
Sortino Ratio 0.08 0.25 0.07 | 0.54 33 | 34
Jensen Alpha % -4.81 0.83 -5.55 | 8.57 33 | 34
Treynor Ratio 0.02 0.07 0.01 | 0.15 33 | 34
Modigliani Square Measure % 7.99 14.02 7.54 | 22.64 33 | 34
Alpha % -5.08 -0.06 -5.43 | 8.48 33 | 34
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.27 ₹ 9,873.00 -1.27 ₹ 9,873.00
1W -0.32 ₹ 9,968.00 -0.29 ₹ 9,971.00
1M -5.80 ₹ 9,420.00 -5.68 ₹ 9,432.00
3M -11.16 ₹ 8,884.00 -10.80 ₹ 8,920.00
6M -18.39 ₹ 8,161.00 -17.70 ₹ 8,230.00
1Y -7.20 ₹ 9,280.00 -5.68 ₹ 9,432.00
3Y 8.89 ₹ 12,910.00 10.76 ₹ 13,588.00
5Y 11.12 ₹ 16,944.00 13.10 ₹ 18,503.00
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 -22.44 ₹ 10,478.09 -21.09 ₹ 10,573.02
3Y ₹ 36000 6.55 ₹ 39,768.95 8.44 ₹ 40,903.99
5Y ₹ 60000 10.25 ₹ 77,694.66 12.25 ₹ 81,662.40
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Elss Tax Saver Fund NAV Regular Growth Shriram Elss Tax Saver Fund NAV Direct Growth
21-02-2025 19.3468 21.5851
20-02-2025 19.5964 21.8626
19-02-2025 19.4421 21.6895
18-02-2025 19.3165 21.5485
17-02-2025 19.37 21.6072
14-02-2025 19.4085 21.6473
13-02-2025 19.7612 22.0396
12-02-2025 19.792 22.0731
11-02-2025 19.893 22.1847
10-02-2025 20.336 22.6778
07-02-2025 20.6047 22.9744
06-02-2025 20.5565 22.9196
05-02-2025 20.6515 23.0245
04-02-2025 20.4203 22.7658
03-02-2025 20.2345 22.5576
31-01-2025 20.0063 22.3018
30-01-2025 19.8354 22.1104
29-01-2025 19.9571 22.2451
28-01-2025 19.5004 21.735
27-01-2025 19.8045 22.073
24-01-2025 20.4336 22.7711
23-01-2025 20.7225 23.092
22-01-2025 20.3963 22.7276
21-01-2025 20.5383 22.8848

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.