Shriram ELSS Tax Saver Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.30
• Std Deviation 15.10%
• Tracking Error 0.00%

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.

The Shriram ELSS Tax Saver Fund Regular Growth has an AUM of 49.80 crores & has delivered CAGR of 12.40% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.33%. The minimum investment in Shriram ELSS Tax Saver Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Bharti Airtel & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Healthcare Facilities.

Some of the similar funds are Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth, Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth, Groww ELSS Tax Saver Growth, Navi ELSS Tax Saver Fund Regular Growth, Shriram ELSS Tax Saver Fund Regular Growth. Shriram ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.30 & a standard deviation of 15.10%.