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Business News/Market/Market Stats/    Shriram ELSS Tax Saver Fund Regular Growth

Shriram ELSS Tax Saver Fund Regular Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 3
  • Plan
24.16 -0.11 (-0.47%) NAV as on 16 Jul, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)51.18
  • CAGR 44.39%
  • Exit Load0.00%
  • Expense ratio2.25%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2019-01-19

Morning Star Rating 3

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 17 July 2024

  • Name
  • Value (Cr)
  • Holding %
  • Clearing Corporation Of India Ltd.
  • 6.10
  • 11.25%
  • Hdfc Bank Ltd.
  • 2.24
  • 4.13%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.96
  • Std Deviation 12.91%
  • Tracking Error 0.00%

About Fund

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 51.18 crores & has delivered CAGR of 18.52% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.25%. 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 & Exceptional respectively.

 

The top holdings of the fund include Clearing Corporation Of India Ltd., Reliance Industries, Hdfc Bank Ltd. & ICICI Bank.

 

The major sectors where the fund is invested are Electronic Instr. & Controls, Construction Services, Oil & Gas Operations & Software & Programming.

 

Some of the similar funds are SBI Long Term Advantage Fund Series I Regular Growth, ICICI Prudential Long Term Wealth Enhancement Fund Growth, Shriram ELSS Tax Saver Fund Regular Growth, Groww ELSS Tax Saver Growth, Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth. Shriram ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.96 & a standard deviation of 12.91%.

FAQs about Shriram ELSS Tax Saver Fund Regular Growth

According to the morning star rating Shriram ELSS Tax Saver Fund Regular Growth has a Medium risk & Exceptional return.
Shriram ELSS Tax Saver Fund Regular Growth is managed by Gargi Banerjee,Deepak Ramaraju.
The expense ratio of Shriram ELSS Tax Saver Fund Regular Growth is 2.25%.
The 5 year annualized return on Shriram ELSS Tax Saver Fund Regular Growth is 18.52% & it has generated 44.39% in the last 1 year.
The minimum investment in Shriram ELSS Tax Saver Fund Regular Growth is 500 Rs.
Shriram ELSS Tax Saver Fund Regular Growth has an AUM of 51.18 crores.
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