Shriram ELSS Tax Saver Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 38.03 | 16.25 | 14.45 | N/A |
Average Rolling Returns(%) | 15.20 | 14.86 | N/A | N/A |
The Current NAV of Shriram ELSS Tax Saver Fund - Regular Plan - Growth is ₹21.50.
It is better to invest in a fund with a longer track record as Shriram ELSS Tax Saver Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.
Shriram ELSS Tax Saver Fund - Regular Plan - Growth fund’s expense ratio is 2.25%
The process for redemption is
The AUM of Shriram ELSS Tax Saver Fund - Regular Plan - Growth is currently ₹47 Crores.
The Top three stocks are Reliance Industries, ICICI Bank and HDFC Bank and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 38% of fund’s portfolio respectively.
Top three sectors of Shriram ELSS Tax Saver Fund - Regular Plan - Growth fund are BFSI, Others and Oil & Gas accounting for 44% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Shriram ELSS Tax Saver Fund - Regular Plan - Growth Fund is Equity - ELSS.
Deepak Ramaraju and Gargi Bhattacharyya Banerjee manage the Shriram ELSS Tax Saver Fund - Regular Plan - Growth Fund.
Shriram ELSS Tax Saver Fund - Regular Plan - Growth current PE ratio is 40.03 and PB ratio is 7.57
The asset allocation of Shriram ELSS Tax Saver Fund - Regular Plan - Growth is Stocks : 86.20%, Debt : 9.16% and Gold : 4.62%
The minimum SIP amount for Shriram ELSS Tax Saver Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Shriram ELSS Tax Saver Fund - Regular Plan - Growth is Nil