Previously Known As : Shriram Long Term Equity Fund
Shriram Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 24
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹21.09(R) -0.13% ₹23.49(D) -0.12%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 5.76% 8.98% 13.17% -% -%
LumpSum (D) 7.51% 10.87% 15.19% -% -%
SIP (R) -8.38% 12.69% 13.87% -% -%
SIP (D) -6.79% 14.65% 15.89% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.47 0.25 0.64 0.01% 0.07
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.08% -15.93% -11.06% 0.9 9.14%
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
Taurus ELSS tax saver fund 5
Quantum ELSS Tax Saver Fund 6
Parag Parikh ELSS Tax Saver Fund 7

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Shriram ELSS Tax Saver Fund - Regular Growth 21.09
-0.0300
-0.1300%
Shriram ELSS Tax Saver Fund - Regular-IDCW 21.09
-0.0300
-0.1300%
Shriram ELSS Tax Saver Fund - Direct- IDCW 23.33
-0.0300
-0.1200%
Shriram ELSS Tax Saver Fund - Direct Growth 23.49
-0.0300
-0.1200%

Review Date: 17-01-2025

Shriram ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 24 out of 33 funds in the category. The fund has delivered return of 5.76% in 1 year, 8.98% in 3 years and 13.17% in 5 years. The category average for the same periods is 14.66%, 12.69% and 17.56% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 13.08, VaR of -15.93, Average Drawdown of -4.63, Semi Deviation of 9.14 and Max Drawdown of -11.06. The category average for the same parameters is 13.18, -15.91, -5.63, 9.14 and -12.47 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 ₹10751.0 in 1 year, ₹13627.0 in 3 years and ₹20277.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Shriram ELSS Tax Saver Fund direct growth option would have grown to ₹11553.0 in 1 year, ₹44776.0 in 3 years and ₹89320.0 in 5 years as of today (17-01-2025).
  3. standard deviation of 13.08 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 0.47 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.89, Beta of 0.9 and Jensen's Alpha of 0.01% which exhibit average 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 % -8.93
-6.64
-11.37 | -4.27 36 | 40 Poor
3M Return % -10.78
-6.90
-11.99 | -2.71 38 | 40 Poor
6M Return % -11.68
-4.95
-14.75 | 4.93 39 | 40 Poor
1Y Return % 5.76
14.66
0.15 | 32.77 39 | 40 Poor
3Y Return % 8.98
12.69
5.53 | 21.57 30 | 34 Poor
5Y Return % 13.17
17.56
10.85 | 29.40 30 | 33 Poor
1Y SIP Return % -8.38
2.62
-12.35 | 17.42 38 | 40 Poor
3Y SIP Return % 12.69
18.13
12.69 | 32.25 34 | 34 Poor
5Y SIP Return % 13.87
19.39
12.61 | 27.82 31 | 33 Poor
Standard Deviation 13.08
13.18
10.05 | 16.99 19 | 33 Average
Semi Deviation 9.14
9.14
7.17 | 11.99 19 | 33 Average
Max Drawdown % -11.06
-12.47
-22.25 | -6.80 13 | 33 Good
VaR 1 Y % -15.93
-15.91
-23.69 | -11.90 19 | 33 Average
Average Drawdown % -4.63
-5.63
-8.24 | -3.12 9 | 33 Very Good
Sharpe Ratio 0.47
0.62
0.04 | 1.31 24 | 33 Average
Sterling Ratio 0.64
0.71
0.23 | 1.24 18 | 33 Good
Sortino Ratio 0.25
0.34
0.05 | 0.73 24 | 33 Average
Jensen Alpha % 0.01
2.70
-7.10 | 12.72 26 | 33 Average
Treynor Ratio 0.07
0.09
0.01 | 0.20 24 | 33 Average
Modigliani Square Measure % 14.05
16.14
6.52 | 25.68 23 | 33 Average
Alpha % -0.77
1.81
-8.52 | 11.50 24 | 33 Average
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -8.80 -6.54 -11.24 | -4.17 37 | 41
3M Return % -10.40 -6.65 -11.74 | -2.32 39 | 41
6M Return % -10.93 -4.45 -14.29 | 5.56 40 | 41
1Y Return % 7.51 15.88 1.53 | 34.36 39 | 41
3Y Return % 10.87 13.94 6.36 | 23.05 29 | 34
5Y Return % 15.19 18.91 11.77 | 31.46 29 | 33
1Y SIP Return % -6.79 3.75 -11.39 | 18.88 39 | 41
3Y SIP Return % 14.65 19.44 13.89 | 33.85 31 | 34
5Y SIP Return % 15.89 20.77 13.51 | 29.38 31 | 33
Standard Deviation 13.08 13.18 10.05 | 16.99 19 | 33
Semi Deviation 9.14 9.14 7.17 | 11.99 19 | 33
Max Drawdown % -11.06 -12.47 -22.25 | -6.80 13 | 33
VaR 1 Y % -15.93 -15.91 -23.69 | -11.90 19 | 33
Average Drawdown % -4.63 -5.63 -8.24 | -3.12 9 | 33
Sharpe Ratio 0.47 0.62 0.04 | 1.31 24 | 33
Sterling Ratio 0.64 0.71 0.23 | 1.24 18 | 33
Sortino Ratio 0.25 0.34 0.05 | 0.73 24 | 33
Jensen Alpha % 0.01 2.70 -7.10 | 12.72 26 | 33
Treynor Ratio 0.07 0.09 0.01 | 0.20 24 | 33
Modigliani Square Measure % 14.05 16.14 6.52 | 25.68 23 | 33
Alpha % -0.77 1.81 -8.52 | 11.50 24 | 33
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.13 ₹ 9,987.00 -0.12 ₹ 9,988.00
1W -2.66 ₹ 9,734.00 -2.63 ₹ 9,737.00
1M -8.93 ₹ 9,107.00 -8.80 ₹ 9,120.00
3M -10.78 ₹ 8,922.00 -10.40 ₹ 8,960.00
6M -11.68 ₹ 8,832.00 -10.93 ₹ 8,907.00
1Y 5.76 ₹ 10,576.00 7.51 ₹ 10,751.00
3Y 8.98 ₹ 12,944.00 10.87 ₹ 13,627.00
5Y 13.17 ₹ 18,561.00 15.19 ₹ 20,277.00
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 -8.38 ₹ 11,447.30 -6.79 ₹ 11,553.40
3Y ₹ 36000 12.69 ₹ 43,529.22 14.65 ₹ 44,775.76
5Y ₹ 60000 13.87 ₹ 84,973.80 15.89 ₹ 89,320.50
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Elss Tax Saver Fund NAV Regular Growth Shriram Elss Tax Saver Fund NAV Direct Growth
17-01-2025 21.0874 23.4924
16-01-2025 21.1141 23.5211
15-01-2025 21.0876 23.4906
14-01-2025 21.0245 23.4193
13-01-2025 20.8556 23.2301
10-01-2025 21.664 24.1273
09-01-2025 21.9925 24.492
08-01-2025 22.2116 24.7349
07-01-2025 22.5312 25.0898
06-01-2025 22.4458 24.9933
03-01-2025 22.9426 25.5431
02-01-2025 23.1224 25.7422
01-01-2025 22.8857 25.4775
31-12-2024 22.839 25.4244
30-12-2024 22.8213 25.4035
27-12-2024 22.5941 25.1471
26-12-2024 22.5304 25.0751
24-12-2024 22.4405 24.9727
23-12-2024 22.4596 24.9928
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

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.