Shriram ELSS Tax Saver Fund – Direct (IDCW)

Equity · ELSS
500
Min SIP
500
Min Lumpsum
0.8 %
Expense Ratio
Rating
46
Fund Size (in Cr)
5 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 42.3% 19.1% 18.4% 17.9%
Category Average 39.8% 19.6% 19% -

Scheme Allocation

By Holding
By Sector
By Asset
6.89%
4.06%
Others
77.5%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 6.89%
Reliance Industr Refineries Equity 5.75%
Infosys IT - Software Equity 4.06%
ICICI Bank Banks Equity 3%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.8%
TCS IT - Software Equity 2.44%
Bharti Airtel Telecomm-Service Equity 2.44%
Bajaj Auto Automobile Equity 2.38%
NTPC Power Generation & Distribution Equity 2.02%
MRF Tyres Equity 1.99%
Tata Consumer Plantation & Plantation Products Equity 1.89%
ITC Tobacco Products Equity 1.8%
REC Ltd Finance Equity 1.75%
Tata Motors-DVR Automobile Equity 1.66%
Power Fin.Corpn. Finance Equity 1.64%
HCL Technologies IT - Software Equity 1.53%
Aurobindo Pharma Pharmaceuticals Equity 1.5%
Jindal Stain. Steel Equity 1.47%
Titan Company Diamond, Gems and Jewellery Equity 1.41%
TVS Motor Co. Automobile Equity 1.35%
Rail Vikas Construction Equity 1.27%
Trent Retail Equity 1.17%
Chalet Hotels Hotels & Restaurants Equity 1.16%
Tata Power Co. Power Generation & Distribution Equity 1.11%
Brigade Enterpr. Realty Equity 1.09%
Blue Star Consumer Durables Equity 1.05%
Oil India Crude Oil & Natural Gas Equity 1.03%
I O C L Refineries Equity 1.02%
Exide Inds. Auto Ancillaries Equity 1.01%
Gujarat Gas Gas Distribution Equity 1%
Birlasoft Ltd IT - Software Equity 1%
Jyothy Labs FMCG Equity 0.99%
S A I L Steel Equity 0.99%
Hind.Aeronautics Aerospace & Defence Equity 0.99%
Glaxosmi. Pharma Pharmaceuticals Equity 0.97%
Ratnamani Metals Steel Equity 0.97%
Fortis Health. Healthcare Equity 0.97%
Samhi Hotels Hotels & Restaurants Equity 0.97%
KPIT Technologi. IT - Software Equity 0.95%
UltraTech Cem. Cement Equity 0.94%
Alkem Lab Pharmaceuticals Equity 0.94%
Mazagon Dock Ship Building Equity 0.93%
GE Shipping Co Shipping Equity 0.91%
NLC India Power Generation & Distribution Equity 0.91%
Century Plyboard Plywood Boards/Laminates Equity 0.9%
Suven Pharma Pharmaceuticals Equity 0.88%
Prestige Estates Realty Equity 0.86%
Ircon Intl. Infrastructure Developers & Operators Equity 0.85%
Solar Industries Aerospace & Defence Equity 0.84%
Persistent Sys IT - Software Equity 0.82%
H U D C O Finance Equity 0.81%
Ajanta Pharma Pharmaceuticals Equity 0.77%
Railtel Corpn. Telecomm-Service Equity 0.68%
NBCC Miscellaneous Equity 0.61%
Indian Renewable Finance Equity 0.59%
Jindal Saw Steel Equity 0.58%
I R F C Finance Equity 0.57%
Hindustan Copper Non Ferrous Metals Equity 0.51%
ITD Cem Infrastructure Developers & Operators Equity 0.5%
PCBL Ltd Chemicals Equity 0.5%
G M D C Mining & Mineral products Equity 0.49%
Wipro IT - Software Equity 0.48%
Kalyan Jewellers Diamond, Gems and Jewellery Equity 0.48%
HEG Capital Goods-Non Electrical Equipment Equity 0.45%
Cyient IT - Software Equity 0.44%
NHPC Ltd Power Generation & Distribution Equity 0.44%
Jupiter Wagons Capital Goods-Non Electrical Equipment Equity 0.3%
Shilchar Tech. Capital Goods - Electrical Equipment Equity 0.3%
IT-Software
11.28%
Banks
9.89%
Debt
8.09%
Petroleum Products
6.77%
Construction
6.03%
Others
57.94%
View all Sectors
Sectors Asset
IT-Software 11.28%
Banks 9.89%
Debt 8.09%
Petroleum Products 6.77%
Construction 6.03%
Automobiles 5.39%
Finance 5.36%
Pharmaceuticals & Biotech 5.06%
Power 4.48%
Consumer Durables 3.84%
Cash & Others 3.15%
Telecom-Services 3.12%
Auto Components 3%
Ferrous Metals 2.46%
Leisure Services 2.13%
Industrial Products 2%
Realty 1.95%
Agricultural Food & other 1.89%
Diversified FMCG 1.8%
Chemicals & Petrochemical 1.34%
Retailing 1.17%
Oil 1.03%
Gas 1%
Household Products 0.99%
Aerospace & Defense 0.99%
Healthcare Services 0.97%
Cement & Cement Products 0.94%
Industrial Manufacturing 0.93%
Transport Services 0.91%
Non-Ferrous Metals 0.51%
Minerals & Mining 0.49%
IT-Services 0.44%
Electrical Equipments 0.3%
Agricultural, Commercial 0.3%
Equity
88.76%
Reverse Repos
8.09%
Net Curr Ass/Net Receivables
3.15%

Advance Ratio

0.29
Alpha
3.69
SD
0.88
Beta
0.98
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities 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 Managers

Deepak Ramaraju

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Shriram Mutual Fund
AUM:
362 Cr
Address:
511-512, Meadows, Sahar Plaza, J. B. Nagar, Andheri (East), Mumbai - 400059.
Contact:
033-23373012
Email ID:
info@shriramamc.com

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Frequently Asked Questions

How to invest in Shriram ELSS Tax Saver Fund – Direct (IDCW) ?

You can invest in Shriram ELSS Tax Saver Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Shriram ELSS Tax Saver Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Shriram ELSS Tax Saver Fund – Direct (IDCW) ?

The NAV of Shriram ELSS Tax Saver Fund – Direct (IDCW) is ₹23 as of 23 February 2024.

How to redeem Shriram ELSS Tax Saver Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Shriram ELSS Tax Saver Fund – Direct (IDCW)?

The minimum SIP amount of Shriram ELSS Tax Saver Fund – Direct (IDCW) is ₹500

What are the top sectors Shriram ELSS Tax Saver Fund – Direct (IDCW) has invested in?

The top sectors Shriram ELSS Tax Saver Fund – Direct (IDCW) has invested in are
  1. IT-Software - 11.28%
  2. Banks - 9.89%
  3. Debt - 8.09%
  4. Petroleum Products - 6.77%
  5. Construction - 6.03%

Can I make investments in both the SIP and Lump Sum schemes of Shriram ELSS Tax Saver Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of Shriram ELSS Tax Saver Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have Shriram ELSS Tax Saver Fund – Direct (IDCW) generated ?

The Shriram ELSS Tax Saver Fund – Direct (IDCW) has delivered 17.9% since inception

What is the expense ratio of Shriram ELSS Tax Saver Fund – Direct (IDCW) ?

The expense ratio of Shriram ELSS Tax Saver Fund – Direct (IDCW) is 0.8 % as of 23 February 2024.

What is the AUM of Shriram ELSS Tax Saver Fund – Direct (IDCW)?

The AUM of Shriram ELSS Tax Saver Fund – Direct (IDCW) is ₹362 Cr as of 23 February 2024

What are the top stock holdings of Shriram ELSS Tax Saver Fund – Direct (IDCW)?

The top stock holdings of Shriram ELSS Tax Saver Fund – Direct (IDCW) are
  1. HDFC Bank - 6.89%
  2. Reliance Industr - 5.75%
  3. Infosys - 4.06%
  4. ICICI Bank - 3%
  5. Larsen & Toubro - 2.8%

How can I redeem my investments in Shriram ELSS Tax Saver Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Shriram ELSS Tax Saver Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now