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EQUITY•ELSS

Shriram ELSS Tax Saver Fund

3 Year return

11.51%
NAV on December 12, 2025
23.977
1D Returns
+0.09%
Launched on December 2018(7 years)

Investment Details

₹500
Minimum SIP Amount
₹500
Minimum one time investment
Lock-in period: 3.0000 years

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
19.89%₹716
Total Value ₹4,316

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹49.94 Cr.
Expense Ratio
0.796% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
3
Crisil
3
Morning Star
0

Tax Implications

Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year

Shriram Mutual Fund Manager

DR

Deepak Ramaraju

Fund Manager since Aug 2022

PN

Prateek Nigudkar

Fund Manager since Aug 2025

SS

Sudip Suresh More

Fund Manager since Oct 2024

Fund House Details

Shriram Mutual Fund

Shriram Mutual Fund

Asset management company

AUM
₹1,030.54 Cr.
No. of Schemes
17
Setup Date
27th July 1994

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Quant ELSS Tax Saver Fund14.8138%
3.5
HDFC ELSS Tax Saver20.8708%
0
SBI ELSS Tax Saver Fund23.0124%
5

Schemes by Shriram Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Shriram Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Shriram Aggressive Hybrid Fund Direct Growth
12.4043%
Shriram Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Shriram Aggressive Hybrid Fund Direct IDCW Payout
12.2155%
Shriram Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Shriram Aggressive Hybrid Fund Direct IDCW Reinvestment
12.2155%
Shriram Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Shriram Balanced Advantage Fund Direct Growth
9.8264%
Shriram Mutual Fund logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Shriram Balanced Advantage Fund Direct IDCW Payout
9.6702%

About Shriram Long Term Equity Fund Direct Growth

Shriram Long Term Equity Fund Direct Growth is managed by Shriram Mutual Fund, a prominent player in the mutual fund industry. This fund falls under the equity category, specifically the tax-saving or ELSS (Equity Linked Savings Scheme) category. ELSS funds are known for providing potential tax benefits under Section 80C of the Income Tax Act, while also offering exposure to the equity markets.

Investment Objectives of the Scheme

The primary objective of Shriram Long Term Equity Fund Direct Growth is to generate long-term capital appreciation by investing primarily in equity and equity-related instruments. As an ELSS fund, it aims to offer not only potential capital growth but also tax benefits for investors. It has a lock-in period of three years, which means your invested amount will be locked for this duration, aiding in long-term wealth accumulation.

Key Features of The Fund

5-year return
12.7864%
Expense Ratio
0.796%
Fund Manager
Deepak Ramaraju
Fund Size
₹49.94 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

This fund is suitable for individuals who are looking for a dual benefit of potential capital appreciation and tax savings. If you have a long-term investment horizon and are comfortable with some market volatility in pursuit of higher returns, this fund can be a good fit. It's also suitable for those seeking tax-efficient investment options to optimize their tax liability. However, since ELSS funds come with a lock-in period, ensure that your investment timeline aligns with the three-year lock-in.

AMC Contact Details

NameShriram Mutual Fund
Launch Date27th July 1994
Address217, 2nd Floor, Swastik Chambers, Near Junction of S.T. & C.S.T. Road, Chembur, MUMBAI – 400 071
Contact033 2337 3012
Emailinfo@shriramamc.in
Websitehttps://www.shriramamc.in/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest Regularly, Achieve Your Goals with SIPs

Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Shriram ELSS Tax Saver Fund on December 12, 2025, is ₹23.977
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Shriram ELSS Tax Saver Fund, is ₹49.94 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Shriram ELSS Tax Saver Fund is 0.796%
The Shriram ELSS Tax Saver Fund was launched on December 17, 2018. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Shriram ELSS Tax Saver Fund is ₹undefined.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹4,316 in 3Y at 11.5058% returns
SIP Date1st of every month

Your next SIP Payment will be on 13 January 2026

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